The market for CryptoKitties is already thriving according to the tracking site Crypto Kitty Sales, with almost ten thousand virtual cats changing hands and a top price of nearly 12 thousand dollars. The gen-zero cats will not be available any more after the end of the year, meaning they will become more valuable. When two of your little critters breed, their new kitty’s appearance, biography, and traits are the resulting combination of each parent’s attributes, resulting in four billion possible variations.Īccording to the official site, Generation Zero cats are created by the developers themselves and let loose on the network every fifteen minutes. Each one is coded with a 256-bit genome, which includes a set of phenotypes (visible features) and genotypes (genetic features). How does it work? Each virtual cat is a unique object or “token” on the Ethereum blockchain, and it’s as real as a unit of Ether (ETH, or the unit of currency used on the trading platform). It’s proven to be very popular, as the game just launched a few days ago and has already zoomed to the top of all the transactions on the Ethereum network according to the tracking site ETH Gas Station, with more than 10 percent of all trading activity as of this writing. “Our approach to brand and marketing is, in part, a tongue-in-cheek critique of the ICO market today,” marketing director Elsa Wilk said in a press release.

CryptoKitties is developed by Axiom Zen, and it seems it’s taking a humorous approach while still hoping to make blockchain transactions and technology accessible to more casual users.

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