You put your own cat up for sire set at a specific amount, and someone can choose to breed their cat with yours and they keep the offspring and you keep the Ether. Cats are sold every 15 minutes, which become listed for the average price of the last five generation zero cats sold plus 50%, but if the cats don’t, sell the price declines in the span of 24 hours until someone buys it.Īs described above, siring or breeding your cats is the main way to make money with the game. The 'founding kitties', however, are limited. The game was started with 100 ‘founding kitties’ and are releasing new generation zero kitties that are rare. Source: cryptokitties Each cat comes from a certain ‘generation’ and the lower the generation the more expensive it is. There are four billion possible breeding combinations on the game and the highest ranked cat that has currently been sold was for $117,712.12 USD. The premise behind the game is to obtain different cats that all have different personalities (cattributes), physical features, genotypes and the object is to breed or ‘sire’ them with other people’s kittens, in hopes to breed cats with rare features to make more money. So I’m sure you’re wondering why anyone would want to buy these virtual cats, let me answer that for you.
Created by the San Francisco and Vancouver based design studio AxiomZen, CryptoKitties has now become the second most popular application on the Ethereum Network. Launched on November 29th, Ether holders have spent over $3 million on these virtual kittens on the blockchain-based, digital Pokemon-like game called CryptoKitties.
Cute kittens, yes kittens, have begun taking over the Ethereum blockchain.
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