Popular Science: What is CryptoKitties? A detailed explanation of CryptoKitties (crypto cat)
When it comes to blockchain or cryptography, these terms are most commonly associated with money. For example, Bitcoin is the first stable digital asset independent of intermediaries, and UNI is one of the latest popular DeFi tokens on DEXes, but a few years ago, it was not only financial-oriented Dapps that were admired.
To start building more broad-spectrum products on the blockchain again, perhaps we should recall the days of CryptoKitties. Because blockchain is not just about money, it can be fun too.
What is CryptoKitties?
Do you love rare baseball cards, vintage comic books, or The Last of Us crafts? Well, the following article might be a treat for you, as it will introduce a very enticing new type of collectible – CryptoKitties, or CryptoKitties. If you’ve never heard of cryptokitties, know that they’re not your usual real cats, because, come on, no cat eats Ethereum Gas for breakfast, right?
CryptoKitties is a blockchain game where users can buy, breed, sell and collect virtual cats with unique attributes: eye shape, eye color, hair pattern, tail type, belly hair, eyebrows, mouth, chin, Beards and expressions.
A random user’s collection in the CryptoKittens’ Marketplace
Even more intriguingly, the genetic algorithm used to reproduce these fuzzy cuties is similar to the principles of biological genetics. Using two kittens together can breed a new breed that is a combination of the genes of the parents. The lower the generation of cats, the higher the cost, because the first generation of cats was hatched in 2017, and the number cannot exceed 50,000.
In December 2017, the game was so popular that it even caused congestion on Ethereum. At the height of the hype, CryptoKitties was rumored to have 1.5 million users who contributed $40 million worth of transactions. The most expensive kitten "Dragon" was sold for 600ETH ($170,000).
In 2021, youYou can also buy the legendary dragon at a price of 600ETH, though today it's worth $805,000 instead of $170,000. Considering the dragon's rarity, the fact that one generation of breeding has stopped, and its reputation, this price is justified.
Dragon
At the time of writing, an average kitten'saverage selling pricewhite paperwhite paper, "The CryptoKitties brand is very approachable to consumers. It stands out from the crowd of lackluster B2B brands through the use of colorful color palettes, cute cat puns and cat-like humor."
The Story Behind CryptoKitties
Since CryptoKitties is a game created on Ethereum, there are a few steps you need to complete in order to play the game.
Go to Chrome or Firefox browser, install MetaMask Wallet, transfer some ether from the exchange to the wallet, open the wallet, and enterCryptoKittiesMarketplace。
Each CryptoKitten is a non-negotiable token, using the ERC-721 token standard, so it can be stored, created and sent using smart contracts. Ownership of the kitten, which is a non-fungible token, can be tracked because every transaction, such as a change in kitten owner, is written to the blockchain! But this is why the ecosystem usually requires a small fee s reason.
Now you understand why Ethereum was congested when the game was popular in 2017, right? Because everyone is buying and selling kittens in droves.
AAX is a digital asset exchange powered by LSEG Technology. AAX Academy is a user education channel created by AAX, which aims to help more users learn novice tutorials and understand the basics of blockchain.
About AAX Academy
AAX is a digital asset exchange powered by LSEG Technology. AAX Academy is a user education channel created by AAX, which aims to help more users learn novice tutorials and understand the basics of blockchain.
