CryptoKitties: A Pioneer in Ethereum Gaming and NFTs

A game about cats? What’s not to like?

CryptoKitties is the first successful example of a non-fungible token (NFT). The game has been steadily gaining traction since it was released in November 2017. CryptoKitties are provably rare and can’t be duplicated or destroyed like other digital assets on the blockchain. This makes them one of the most important examples of NFTs, which make it easier to identify unique objects on the blockchain such as artwork, collectables, real estate etc. These features have made CryptoKitties an instant success with investors and players alike. Let’s explore what this interesting game really is…

Learn about CryptoKitties NFT

The team at Axiom Zen found that people were spending around $300,000 per week on virtual cats. The game was first launched in China before it was released worldwide at the end of 2017. It became an instant success with gamers and also attracted attention from other blockchain game developers.

CryptoKitties is essentially a market where players can buy, sell, trade and breed digital cats like other commodities such as gold or oil. The kitties are provably rare because each has its own unique genome that defines things like fur color, eye shape etc. Like Bitcoin, this makes it impossible to create counterfeit CryptoKitties . Players can invest in breeding to produce new types of kitty offspring until they discover rare breeds that have special traits or abilities. This makes for fun gameplay where you can trade and collect your favorite cats.

The digital kitties are a fun way to introduce users to the blockchain, cryptocurrencies and how Ethereum works. And being digital cats, they also appeal to a wide audience that might have been put off by Bitcoin’s more technical aspects. CryptoKitties has been so successful in fact, that it is now responsible for about 15% of all transactions on the Ethereum network.

As mentioned earlier though, the real value in CryptoKitties lays in their use as NFTs . The specific way these NFTs were implemented makes them easy to identify on the blockchain and decentralized marketplaces without any special development tools or skills required of developers. This means anyone can interact with them directly via smart contract functions.

NFTs like the CryptoKitties are especially effective for verifying ownership of things like collectables, artwork and unique items. They can be used in supply chains to provide easy tracking of products and other goods. NFTs also make it possible to build decentralized marketplaces where users can buy and sell things without intermediaries or middlemen. And since they’re verifiable on the blockchain, you always know what you’re getting and that there were no counterfeit items produced or sold (unlike with regular items).

How do CryptoKitties work?

CryptoKitties are one of the first successful examples of non-fungible tokens (NFTs). An NFT is essentially an object on the blockchain that is provably unique. Each CryptoKitty has its own genome that defines things like fur color, eye shape etc. This makes it impossible to create counterfeit CryptoKitties. Players can invest in breeding to produce new types of kitty offspring until they discover rare breeds that have special traits or abilities. Like Bitcoin, this makes it possible to use the game to introduce users to Ethereum or other cryptocurrencies. And being digital cats, they also appeal to a wide audience who might be put off by Bitcoin’s more technical aspects.

This game has been so successful in fact that it is now responsible for about 15% of all transactions on the Ethereum network.

So, how exactly do they work? In CryptoKitties, players can buy, sell, breed and trade digital cats just like other commodities such as gold or oil. Players collect kitties by going to the marketplace where each virtual cat has a unique 256-bit genome. These genomes are similar to a fingerprint or a barcode so your particular kitty always remains unique no matter how many others have been produced. However, you can also breed new cats with specific traits through breeding using a smart contract function on the blockchain.

Each player starts off with their own personal wallet where they keep their kittens after buying them from the marketplace or receiving them as a gift. You can then go to the CryptoKitties website and see your entire collection of cats which you can trade for Ether or offer as gifts. You can even use your kitty as a profile picture.

The game now has over 1 million cats that have been bred since it launched over two years ago. With each new cat, players now own part of an ever-increasing pool of unique kittens which will never be duplicated again. The only way to get a rare kitten is through breeding or by buying it from someone else who already owns one. Since this takes place on the blockchain using smart contracts, there is no need for intermediaries, middlemen or centralized marketplaces where someone might try to sell counterfeit ones (unlike with stuff like Beanie Babies or Pokemon cards).

What you should know about purchasing CryptoKitty?

One thing you need to know before buying a Cryptokitty is that they cannot be duplicated or destroyed like other digital assets on the blockchain. This makes them more scarce and valuable than most virtual things. The kitties are also unique in the fact that they have a unique 256-bit genome. So blue, brown, green or any color you come across is going to be completely different from what you see with a regular cat.

There are a few different ways to purchase cryptocat according to how much money you want to spend. You can also earn currency by playing the game which is free but takes time before you accumulate currency, or you can buy it from someone else who has currency.

I hope you’ll join me on my Discord server https://discord.gg/SEK7FfudgW where we can chat about art, crypto, and everything in between. You can also find links to my OpenSea collections there. Thanks for reading!