This new game allows you to buy, sell and breed virtual kittens acquired with ether, the second most valuable cryptocurrency, on the Ethereum platform.
CryptoKitties is the latest fad that has gone viral to invest in blockchain. The game is about buying, selling and breeding virtual kittens acquired with ether (ETH), the second strongest digital currency after Bitcoin. In Coinbase, on December 8, it is equivalent to about $ 459, It can be played from the application or Ethereum, the online platform of ETH.
This blockchain was created in 2014 and, unlike Bitcoin, allows faster transactions, as well as create smart contracts from the same website without the need for external software.
Each of the kittens has a set of attributes. The "feline part" for players is that they can try to create cats with rare attributes through "breeding" with other cats. This is important because the price of each Kitty depends on its characteristics. So far there are 56 attributes.
As for the "crypto part", each cartoon of a kitten is a unique object in the block chain of Ethereum. That is, each cryptogatito is like the equivalent of a unit of bitcoin or an ether unit. Acquisitions of CryptoKitties have gone from 5,000 to 113,000 dollars.
It has been compared by many as the blockchain Pokémon but with cats. The game was released on November 28 by the Canadian firm Axiom Zen and already has 1,165 players and 16,877 kittens generated. It accounts for 11% of total traffic in Ethereum and, according to TechCrunch, more than 15% of all transactions in ETH. Axiom Zen launches a new cryptogato every 15 minutes and the others are "born" from the reproductions among the "existing ones".
Unlike digital assets in online games that depend on a centralized entity to maintain them, if the creators of CryptoKitties disappear tomorrow, players will still own their kittens. In the future, these popular virtual felines can potentially become valuable collectables.