Exciting times are ahead !!
Blockchain has started taking the world by a storm of innovative use cases.
Industries across the globe have started experimenting with this technology to explore every possible niche of their sector to solve different problems in ways never tried before. And with every industry trying hard to make use of this technology, why should the Gaming industry fall behind!
That’s why interesting blockchain-based games are being introduced for the consumers to feel even more associated with this revolutionary tech i.e. blockchain.
And one of the most interesting and innovative blockchain game is Cryptokitties, which is also our topic of extended discussion today.
In this introductory write-up of Cryptokitties, I will walk you through the below mentioned salient points of this unique idea:
- What Is Cryptokitties
- Why It Matters
- CryptoKitties Team
- How It Works
- What You Need To Play Cryptokitties
- Start Playing Cryptokitties
- How To Play CryptoKitties
- Is CryptoKitties Like Cryptocurrencies
- Can One Earn Money Playing This Game
- What The Future Is Like
What Is CryptoKitties?
CryptoKitties is a blockchain-based game where you can breed, collect and HODL kittens that are made & generated over Ethereum blockchain.
These digital kittens or cryptokitties are just like humans that are unique and cannot be replicated, taken away or destroyed by anyone.
Still not making sense? Bear with me and read further. I will break it down in simpler words so that you are absolutely clear by the end of this post.
Why It Matters?
Cryptokitties is a blockchain powered game.
Just like cryptocurrencies that thrive and are born on the blockchain, cryptokitties are also born and thrive on Ethereum’s blockchain. Just like each Bitcoin or Ether, each cryptokitty is also unique.
These cryptokitties are like a new form of collectibles called cryptocollectibles.
Their team is quite diverse that includes numerous start-up founders, crypto-enthusiasts, and developers. The team also won the world’s largest Ethereum hackathon at ETHWaterloo while featuring their alpha product.
Namely, the team comprises of these Axiom Zen company members.
How Does It Work?
As I mentioned earlier, these cryptokitties are a new form of collectibles which you can trade, buy, sell, collect like traditional collectibles.
But the unique thing is that unlike traditional collectibles, you can even breed this form of cryptocollectibles and the result will be a totally unique new offspring-just like humans!
Also, the ownership of these cryptocollectibles or cryptokitties will be tracked on blockchain securely so you need not worry about its ownership or any fraud because everything is recorded on a transparent blockchain of Ethereum.
I know some of you are getting excited to play this game and why not! When I first discovered it, I was in the same boat. But before that, there are certain prerequisites that I would like to tell you without which you won’t be able to play this game.
What Do You Need To Play Cryptokitties?
Here’s what you need to get started:
- A computer or laptop running the desktop version of Chrome or Firefox
- MetaMask is Ethereum’s digital wallet used specifically with web apps.
- Ether, a form of digital payment that powers CryptoKitties. (Know more about Ether)
Start Playing Cryptokitties?
Once you have installed MetaMask on your browser and saved its seed phrase you are good to go.
- Now, you need to transfer ETH i.e. Ether to your MetaMask wallet address.
- If you already have Ether then well and good. And if you don’t have then you can buy Ether from various resources that we have already listed on our blog.
- Once you have your Ether tokens, transfer it to your MetaMask Wallet as shown below.
That’s all. Once the above-mentioned pointers have been followed, you are good to start the Cryptokittien game.
How To Play CryptoKitties?
First things first. It is not a free game. You are required to pay in terms of Ether tokens to actually play the game but it is worth every bit and is very interesting too.
You can start playing cryptokitties by buying/selling existing kitties or else you may breed with another to form a new & unique kitty for yourself.
- Buying & Selling
Once you login to MetaMask and go to the marketplace, you will be able to see a sale of kitties going on (see graphic below). So you can fund you MetaMask wallet and actually purchase the kitty for yourself.
If you are not interested in buying these kitties from the sale, there is another option for you to buy kitties from – ‘Gen 0’ section. In this section, the CryptoKitties team releases a new “Gen 0” CryptoKitty every fifteen minutes (up until November 2018) so you can also purchase them in exchange for your Ether.
If you want to breed a new offspring, you can do so by breeding your existing kitty with any other siring partner from siring section.
Start by choosing one of your CryptoKitties to be the Sire (i.e. the dad). Then you can choose one of your other CryptoKitties to be the mother.
- Go to “My Kitties”
- Select the Kitty who will act as Sire
- Press the breeding button
- Choose one of your other Kitties to be the mother
- Approve the Ether transaction
You can expect a new Kitty to appear in “My Kitties” soon!
Now you can keep this new offspring or sell it in the marketplace at your designated price.
Note: This breeding process is also paid. As you can see in the example below, to breed you will need to pay a fee of 0.3028 Ether that will be deducted from your MetaMask.
Is CryptoKitties Like Cryptocurrencies?
CryptoKitties are NOT cryptocurrencies. However, there are some similar attributes between the two.
But for a real-world scenario CryptoKitties are Cryptocollectibles. To explain it better, cryptocurrencies are like USD or EUR whereas Cryptokitties or Cryptocollectibles are like unique stamp notes or a unique artwork that only you own.
Can One Earn Money Playing This Game?
The answer is Yes (!). Just like your trade cryptocurrencies, you can trade cryptokitties also.
You can either breed and make a unique cryptokitty to sell it in the marketplace at your desired price and earn a profit or you can buy a ‘Gen 0’ kitty and HODL it for some time just like cryptocurrencies and sell it later when you get a good price.
Just like any other product or collectible the marketplace is driven by demand and supply along with your asking price.
You might question as to who pays for these kitties, but mind you, it is highly profitable if your kitties are unique and appealing enough to the buyer.
For evidence, see this cryptokitty that was sold in the marketplace at a quite a high price at the time of Genesis and also CryptoKitties worth $4 million have been already sold.
Bye-bye sweet love! Genesis is now the proud owner of Stimpson J. Cat 💖 pic.twitter.com/SeMRzXNLnS
— CryptoKitties (@CryptoKitties) December 2, 2017
What’s The Future Like?
I personally think that this the beginning of a new era of cryptocollectibles and also the like the entry in an uncharted territory.
CryptoKitties novel implementation has shown that this part of the world needs to be explored more and in no way can be ignored.
This will also lead to a novel way of thinking for the gaming industry and will serve as an inspiration for making even innovative implementations.
In the near future, we will see many other forms of cryptocollectibles that will open this industry vertical wide by implementing the blockchain technology for games.
We're an alternative to #cryptokitties , follow us for our new updates!
— CryptoPuppies (@Crypto_Puppies) December 4, 2017
The journey, however, is not going to be hunky-dory because this innovative game of CryptoKitties have already dominated the Ethereum’s Blockchain transaction traffic and has caused several congestion problems.
So in a way, it is also a litmus test for Ethereum and blockchains like Ethereum that this tech is inherently slow and difficult to scale.
But with these known problems, which are also being continuously worked upon, these types of innovations will only increase exponentially with a much better user experience.
Until then, I urge you start trading and breeding your cryptokitties today!
To know more exciting stuff around CryptoKitties, visit the below links:
I hope you found this post interesting and informative. It would be great to hear your thoughts on it. Also, please share it with your friends on Facebook and Twitter!
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An award-winning blogger with a track record of 10+ years. He has a background in both finance and technology and holds professional qualifications in Information technology.
An international speaker and author who loves blockchain and crypto world.
After discovering about decentralized finance and with his background of Information technology, he made his mission to help others learn and get started with it via CoinSutra.
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