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CryptoKitties

CryptoKitties is a blockchain game on Ethereum developed by the Canadian studio, Dapper Labs. It allows players to purchase, collect, breed, and sell virtual cats, making it one of the earliest attempts to deploy blockchain technology for recreational and leisure purposes.

What is CryptoKitties?

CryptoKitties is a blockchain-based game developed by Dapper Labs that allows players to buy, sell, and breed unique digital cats represented as non-fungible tokens (NFTs) on the Ethereum blockchain. Each CryptoKitty has distinct attributes and characteristics, making them one-of-a-kind collectibles.

How Does CryptoKitties Work?

Players can purchase CryptoKitties using Ether, the native cryptocurrency of Ethereum. Each CryptoKitty is an NFT with a unique 256-bit genome determining its appearance and traits. Players can breed two CryptoKitties to produce offspring with a combination of their parents' attributes, creating new, unique NFTs.

What Makes CryptoKitties Unique?

CryptoKitties was one of the first projects to utilize the ERC-721 token standard, pioneering the concept of NFTs. The game's breeding mechanics allow for the creation of new, unique digital assets, and its popularity highlighted the potential of blockchain technology in gaming and digital collectibles.

Who Are the Founders of CryptoKitties?

CryptoKitties was created in 2017 by Canadian startup Axiom Zen, which later spun off Dapper Labs to focus on the project. The team includes founders such as Roham Gharegozlou, who serves as the CEO of Dapper Labs, and Dieter Shirley, the CTO, who also authored the ERC-721 standard.

Latest News

What Key Events Have There Been for CryptoKitties?

Since its launch in November 2017, CryptoKitties quickly gained popularity, causing significant congestion on the Ethereum network due to high transaction volumes. In response to scalability issues, the project announced plans to migrate to its own dedicated blockchain on the Flow network, developed by Dapper Labs, to enhance functionality and reduce transaction costs.

Project Announcements

In June 2018, CryptoKitties launched the 'KittyVerse,' an online portal where participants can engage in related events like catfights, racing, and the use of digital accessories. This expansion aimed to create a broader ecosystem around the original game.

Upcoming Events

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Projects Announcements

Where to Buy CryptoKitties?

CryptoKitties can be purchased directly through the official CryptoKitties marketplace using Ether. Additionally, some CryptoKitties tokens are available on decentralized exchanges like PancakeSwap, where they can be traded against tokens such as USDT and BNB.

CryptoKitties Price

Daily Trading Volume

As of the latest data, the trading volume for CryptoKitties tokens on PancakeSwap is minimal, indicating low liquidity and trading activity.

All-Time High

Specific all-time high price data for individual CryptoKitties is not readily available. However, some rare CryptoKitties have sold for over $100,000 during peak popularity.

All-Time Low

Specific all-time low price data for individual CryptoKitties is not readily available. Prices vary widely based on rarity and demand.

Market Cap and Valuation

Market Cap

Due to the unique nature of each CryptoKitty and the decentralized nature of the marketplace, a traditional market cap is not applicable.

Fully Diluted Valuation

Not applicable for CryptoKitties, as each token represents a unique asset rather than a fungible token with a fixed supply.

CryptoKitties Price Prediction

Price predictions for individual CryptoKitties are highly speculative and depend on factors such as rarity, demand, and market trends. As such, there are currently no available forecasts from reliable experts or publications.

FAQ

What is the Purpose of CryptoKitties?

How Can I Participate in CryptoKitties' Ecosystem?

What Sets CryptoKitties Apart from Competitors?

Is CryptoKitties Secure?

What are the Risks Associated with CryptoKitties?

Community Sentiment

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Disclaimer and Risk Warning: Some content on this page may be assisted or generated by AI and is for general reference only. For the most accurate and updated information, please refer to the official website of the project. Bitget Wallet values every partnership. If you notice any issues or inaccuracies, feel free to reach out to us at [email protected] — we appreciate your feedback and will make improvements where needed.