Viral Cat Game in the Ethereum Network

Viral Cat Game in the Ethereum Network

Lovely friendly kittens are taking over the Ethereum network and currently responsible for 4% of transactions carried out on the so-called "world computer." That’s right, smart contract platform that could potentially destroy several industries now plays a significant role in a viral cat game.

The game, CryptoKitties, launched just a few days ago, on November 28, but is already the second most popular app on Ethereum network. It is not surprising, the premise of CryptoKitties is to get an array of different cat cartoons, and each has various attributes or "cattitudes."

Our top trading bots

Buy and sell

These attributes are encoded in the virtual genome, and every cat has specific physical characteristics, phenotypes, depending on their genetic code, or genotype. If it sounds just like your biology class from high school, that's because it is. Users "breed" different kitties together to buy new cats with different and perhaps rare features. There are four billion possible combinations.

Just as you can buy swords and armor in online games like World of Warcraft, rare kitties can be exchanged for real money by putting prices up to $5,000 each. However, in contrast to the virtual items in online games, which will be lost if the game closes, the kitties live forever. It is because they are discrete tokens that exist in Ethereum, so even if the game developers disappear, kitties’ players will remain.

The game developers insist that it is impossible for them to play in. Technical architect Dieter Shirley said:

“The CryptoKitties economy is entirely decentralized and impossible for the development team to manipulate. Anyone on the team with knowledge of the breeding algorithm is prohibited from playing.”

Marketing Director Elsa Wilk wrote: “Our approach to brand and marketing is, in part, a tongue-in-cheek critique of the ICO market today.”

Types of Cryptokitties

Each kitty has its value due to its individuality. Now there are more than 20 000 kitties. Soon the kitties will be created every 10 minutes. Every user who has kitties can sell it. For example, the highest price for a cat has reached $24 000 dollars. It is amazing how quickly the kitties are winning the network. Now there are more than 20 000 kitties. Soon the kitties will be created every 10 minutes.

You can exchange for money rare types of kitties, like in any other online custom game. Each species is unique there are no predecessors.

It is interesting that the kitties can multiply and their number is increasing significantly. Nobody knows where it leads to. Most likely, such success of a simple upgrade will lead to something more serious, as well as creating new games and implementing them in the Blockchain. Also, it is a good opportunity to learn the secrets of genotype and how it works.

A lighthearted approach

With the eloquent the digital currency market, creating quick games and reaching new highs for almost a week, investors are furious. Speculators looking for the hottest ICOs with the aim to quickly sell your tokens for a vast profit. With such earnestness fulling the cryptocurrency market, games like CryptoKitties, provide a refreshing touch of humor.

Wall Street continues to show great interest in Bitcoin and other cryptocurrencies, Main Street can get the digital currency most unusually: by playing cat games on the Blockchain.

Grayscale’s diversified crypto fund becomes SEC-reporting firm
Cryptocurrency asset manager Grayscale Investments continues reinforcing its commitment to digital currency investment products with a new filing with the...
Former CFTC chair explains why regulators should approve a Bitcoin ETF
Timothy Massad, who served as Chair of the United States Commodity Futures Trading Commission between 2014 and 2017, has laid out the reasons why he thinks...
Grayscale adds Cardano to Digital Large Cap Fund after rebalancing
In a recent development, Grayscale Investments announced an adjustment to its Grayscale Digital Large Cap Fund (OTCQX: GDLC) to include Cardano (ADA) as...
Coinbase will pay users 4% interest on USDC holdings
Major cryptocurrency exchange Coinbase has announced users will be able to earn 4% interest on USD Coin through a product the company compared to an alternative...
Nigerian secondary school will accept crypto payments despite regulatory uncertainty
A private secondary school based near the Nigerian city of Kano has announced it will be accepting payments for school fees in cryptocurrency amid the country’s...
Oh baby! Tracking IVF progress on the blockchain
Enterprise blockchain VeChain, in partnership with Shanghai’s Renji Hospital, has announced the launch of a smart medical care project dubbed “MyBaby” —...
Institutional investors load up ETH, with its share of AUM hitting a new record
Institutional demand for Ethereum continues to surge, with Ether products now representing more than one quarter of the assets under management (AUM) of...
As Bitcoin price staggers, ‘whale’ wallets may be becoming an endangered species
As Bitcoin looks to recover from a stomach-churning dip on the back of a strong bid this morning, on-chain data indicates that high net worth ‘whale’ wallets...
XRP Climbs 21% In a Green Day
Investing.com - XRP was trading at $1.06325 by 20:07 (00:07 GMT) on the Investing.com Index on Wednesday, up 20.84% on the day. It was the largest one-day...
Ark Invest and JPMorgan expect Bitcoin to hit $130K-$470K
JPMorgan expects Bitcoin (BTC) to reach $130,000, while Ark Invest anticipates the market valuation of BTC to surpass that of gold.The optimistic macro...
Hong Kong Customs seizes 300 crypto mining GPUs in anti-smuggling operation
In the waters off Hong Kong International Authorities on April 2, Hong Kong Customs detected suspicious figures offloading cartons from a fishing boat to...
Total crypto market capitalization posts new all-time high above $1.9T
Amid another bullish trend on cryptocurrency markets, total crypto market capitalization has broken a new historical record just unde $2 trillion.The market...
Flamingo (FLM) TVL rises as Ethereum gas solutions remain elusive
Yield farming has grown in popularity over the past year alongside the rise of decentralized finance, but recently the ability to earn a good return has...
NSA Surveilled Bitcoiners Since 2013, Snowden Leaks Show
Since bitcoin was created, conspiracy theorists couldn’t help but suspect that every move of every person in the crypto ecosystem was a footprint. And...
Kaspersky Lab Has Detected A Vulnerability In The Telegram Messenger
Kaspersky Lab discovered a zero-day vulnerability in the Telegram messenger, which was used by hackers to infect a Windows application and distribute software...