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CryptoKitties Mania Overwhelms Ethereum network, Ethereum Price Achieves New All-Time High

date: 2017-12-14
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CryptoKitties Mania Overwhelms Ethereum network, Ethereum Price Achieves New All-Time High

Created by Vancouver-based Axiom Zen, CryptoKitties launched to the public on November 28th 2017. Players have spent the equivalent of $1.3 million and counting buying CryptoKitties. The virtual cats are breedable and carry a distinct genome. Each one has a unique DNA and comes with different attributes, which means there are some 4 billion possible cats that can be bred. The value of each kitten varies depends on the rarity of this breed with some rare kittens going for well over 246 Ethereum (750,000 CNY). CryptoKitties' popularity indicates blockchain technology still has a long way to go to reach its hype.


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