Dubbed the next viral sensation in the tech world, CryptoKitties is using the Ethereum blockchain to play a digital trading game, reminiscent of Pokemon cards. Players are able to collect, breed, trade and auction digital cats stored in user's ethereum wallets, without any centralised processes. The game runs through five smart contracts that control various aspects of kittens' appearance and sales. There is no 'rareness' factor included, so users are determining the value of each cat independently. Kittens are selling for up to 50 ETH ($23,000) and now accounts for about 8% of ethereum's network traffic.
Dubbed the next viral sensation in the tech world, CryptoKitties is using the Ethereum blockchain to play a digital trading game, reminiscent of Pokemon cards. Players are able to collect, breed, trade and auction digital cats stored in user's ethereum wallets, without any centralised processes. The game runs through five smart contracts that control various aspects of kittens' appearance and sales. There is no 'rareness' factor included, so users are determining the value of each cat independently. Kittens are selling for up to 50 ETH ($23,000) and now accounts for 15% of ethereum's network traffic.