![]() ![]() People often make the mistake that holding CryptoKitties is the same as owning a cryptocurrency like Bitcoin or Litecoin. ![]() In some cases, people have paid more than $100,000 dollars for a single cat!ĭo you remember the Pokémon card game, where you would buy a packet and hope to get a rare card like Charizard? Well, CryptoKitties is very similar as when new cats are created they are randomly generated from a smart contract code! Is CryptoKitties a cryptocurrency? Some cats are much rarer than others and these can be sold for a lot of money. Everyone on the planet has a unique internal DNA which is never the same as anybody else’s, which is the same with CryptoKitties! The technology that supports this is known as the Genetic Algorithm, which I will explain in more detail later.Īlthough CryptoKitties is called a game, you can’t really do anything with them other than buy, breed and sell them. There are also different CryptoKitty genders, which take their names from a male or female horse! A male CryptoKitty is called a Sire and females are called Dames! Every cat that is created is unique, which includes different colored fur, eyes, and hair! ![]() The founders wanted to create an Ethereum game that would allow anyone in the world to own virtual cats that were created from a smart contract. ![]()
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