Earn in crypto or how people earned on CryptoKitties!

EtherDragons Arena
Sep 7, 2018 · 6 min read

About a year ago the crypto community was blown up by the now widely known game CryptoKitties. If you don’t already know, it’s about breeding and trading digital cats. The game is implemented on the Ethereum blockchain. Moreover, at the peak of its popularity, the game allowed many players to earn ETH quite well..

However, it’s not so easy to make money in CryptoKitties, and at first, it is desirable to understand the detail of the game.
In this game, kittens appeared with various visual characteristics called traits, and some of these parameters may appear less frequently than others. Therefore most gamers tried to breed rare cats not only because they look cool, but also because they cost on the game market is very high. So, one particularly rare cat was sold for more than one hundred thousand dollars. The total sales of cats in this game at the moment is about 3 million US dollars.
There were only two ways of earning money on crypto cats:
Method 1: buy a cat and engage in their reproduction. There is a chance that sooner or later a kitten with unusual characteristics will be born. It can be profitable to sell. Kitties that had unique features were more expensive.
Way 2: buy two cats of expensive breed (1 generation) and pair them. Here you need to understand that it is best to match cats of the same breed since in this case, the offspring will also be purebred. After the kittens are born, sell them or rent them out (for reproduction) to other players.

Here’s what, for example, tells the player with the nickname maryohin, who for a week on the invested $40 managed to earn about $3000 (https://danieldefo.ru/threads/koshka-sdoxla-xvost-oblez.6580/):
“In general, because the concept of the breed became completely blurred and turned into a casino, due to the lowering of the price of transactions (now there is no bottom when it was not profitable to sell below 0.02 ETH), and because of the likely drop in the price of the birth of cats in the future, yesterday began to gradually unload the cats. From 5 pages I unloaded to 2, first of all, the sale of the most expensive cats. While I brought cats to 4.2 ETH (~ $2000), the total profit of all this venture feline investment for me will be about $3000 per week fan (with an initial investment of $ 40, 7400% increase, lol)”
It is important to note that the ideology of the game is a bit like the structure of the pyramid, which means that early players were able to buy rare kittens much cheaper than they were sold later.

Here, what entrepreneur Ivan Bogaty tells, who managed to enter the game with his colleague at the real take-off of its popularity.(https://ru.ihodl.com/investment/2018-04-21/cryptokitties-kak-zarabotat-na-kriptokotyatah-100-000/):

“The game had the potential for viral popularity, roughly like Pokémon GO, and the stage of explosive growth had just begun, so we had every chance to be among the first participants.
We immediately had a question: which the kittens need to buy? At that time, the list of virtual pets put up for sale could be sorted in four ways: by a price increase, descending price, in chronological order or reverse order (since then the site interface has changed). It was clear that the first three versions of the rating will be continuously updated — at any time someone can add new kittens cheaper or more expensive. Only the very first kittens will remain first forever. It was in them that we decided to invest, although even then they cost a lot: right before our eyes, someone bought the top ten for 25 ETH per piece and re-put on sale for 50 ETH (25 thousand dollars). The very first pet in the game, Founder Cat number 1, was even more expensive — 150 ETH. Oleg bought kittens under numbers 4, 6 and 8, giving 50 ETH each (25 thousand dollars), and I bought a 20% stake in №4 for 5 thousand dollars. We were quite optimistic and immediately raised the price five times — to 250 ETH per cat.As we suspected, in the next three days the game was waiting for an explosive growth in popularity. Excitement significantly prevented focus on anything else, but we realized that for a long time the excitement around kittens will not last. In comparison with the same Pokémon GO, the game had too primitive mechanics: in fact, users were only available two functions — buying and breeding kittens. So we assumed that it would bore the users in a couple of weeks.”

After the development of a methodology for monitoring the popularity of the game (Google Trends statistics on the search request of, the GasGuzzlers service, which shows which smart contracts in the network account for the primary “gas” consumption, and the market conditions and amounts of the latest transactions in an extremely convenient https://application kittysales, herokuapp. com), colleagues began to track the peak of the popularity of the game, in order to have time to sell their crypto-pupils at the maximum.

“On December 4–5, several not very popular kittens (# 35, # 78 and # 87) cost almost 200 ETH, so we were sure that our listing price was well adjusted. However, already on December 5–6 all our metrics reached their peak values, and by the evening of December 6, the graphs had crawled down. We urgently needed to decide what to do with our kittens, which were not found by buyers. I wanted to lower the price to 100 ETH, but Oleg was sure that you need to stick to the chosen strategy. The apparent decision was a simple arbitration: I sold Oleg my share in the kittens’ number 4, in fact, doubling its capital.

Out of curiosity, I continued to follow the market, and only 20 minutes later saw that our №4 sold for 250 ETH. I was so sure that this is Oleg trying to fill the lot with the price, that he did not even ask him about it. Moreover, only with our next conversation, I managed to appreciate the strength of his strategy really: the deal turned out to be real. We had no idea who became the buyer, but for a while, he set a world record for the value of the game item on the blockchain.”

Both examples show that you can get the maximum income if you buy content (cats) to take off the popularity. Moreover, even if you do not take part in a gaming activity, and sell the cats a little while, the earnings turn out to be decent. Also, if you are not too lazy and use the game mechanics, then the margin can be increased several times!

The game is not as popular as before. Although if you focus on the cost of cats on the market, before sunset, it is still far away. Also, yet, many agree that it is already complicated to earn money in the kittens.

So what? In chat rooms, there are many messages from players waiting for new similar games …. new games will give new opportunities to earn for the same participants and new gamers … About how you can make money on new members we will tell in the next publication! Follow the news on our channel!

EtherDragons Arena

A turn-based crypto fighting on the Ethereum blockchain. http://etherdragons.world

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