What are CryptoKitties, and why do they matter?
What CryptoKitties can teach us about crypto assets and value
Oh, the twists and turns folded into the road of cryptocurrencies on the way to mainstream adoption. Today’s twist is CryptoKitties.I was just attending a crypto event the other day where the founder of the cryptocurrency neo was saying that there are a lot of blockchain apps for smart contracts, but no one is really using them yet. Well, now there’s CryptoKitties, a smart contract game based on the ethereum blockchain where users buy virtual cats and breed them with other virtual cats. As of this writing, 40,383 unique cats have been sold generating almost $7 million. The median price for a kitten is $25.51. And now there is a dedicated site for tracking CryptoKitty sales.