CryptoKitties is now the biggest Ethereum-based decentralized application
CryptoKitties is now known as being the largest Ethereum-based digital kitten breeding gaming app. This application managed to surpass other big decentralized cryptocurrency applications, like EtherDelta.
According to ETH Gas Station, CryptoKitties now has 13.04% of Ethereum’s transaction volume. This means that over the last 1.500 blocks, CyptoKitties has surpassed other cryptocurrency exchanges, like ShapeShift and EtherDelta.
What is the reason behind the success of this breedable and collectible application?
This application will allow users within the Ethereum network to sell or purchase breedable cartoon kittens. CryptoKitties has a very smart structure that will ban users from changing the ownership or from making fraudulent kittens, in order to provide value.
Ryan Hoover, the ProductHunt founder, declared that CryptoKitties is considered to be the first Ethereum-based decentralized Pokémon-like game. The real difference compared to games like Tamagotchi and Pokémon is that through CryptoKitties players will be able to purchase and sell with Ethereum.
However, this game is very popular and people will be able to see that other players are very serious when it comes to purchasing digital kittens. In Crypto Kitty Sales we can see that three of the rarest and most expensive kittens were sold for $114.572, $81.548, and $69.600.
The CryptoKitties team stated that:
“The future is exciting. And we believe that Blockchain is the future—but Blockchain is about as approachable as a bunch of ones and zeroes. We want a future for everyone, not one exclusive to Bitcoin miners, VCs, ICOs, and other equally fun acronyms.”
The CryptoKitties game gained popularity and success among Ethereum members due to its strategy. The development team declared that CryptoKitties’ platform was created for everyone in the cryptocurrency sector and not just for a limited number of members. To be added that TechCrunch declared that over the past few weeks $1.3 million were spent for cartoon kittens. This growth rate also led to an Ethereum network congestion.
The CryptoKitties team also said:
“Due to network congestion, we are increasing the birthing fee from 0.001 ETH to 0.002 ETH. This will ensure your kittens are born on time! The extra is needed to incentivize miners to add birthing txs to the chain. Long-term solution will be explored very soon.”
