July 16, 2024

An Overview Of Crypto Kitties

cryptokitties

It’s no secret that the cryptocurrency world has been proliferating in recent years, and Bitcoin is the most popular. As a result, there are plenty of opportunities for new investors to get involved in this exciting market. 

One of the most exciting aspects of cryptocurrencies is watching how new technologies and ideas evolve over time. With that being said, one game that has sparked a lot of interest recently is CryptoKitties. What exactly is CryptoKitties? How did it come about? And what can you do with crypto kitties? Well, it’s time to find out.

The History of CryptoKitties

CryptoKitties is a digital collectible game based on the Ethereum blockchain. In November 2017, CryptoKitties was created by Axiom Zen, a Vancouver-based company. At its launch, CryptoKitties was the first blockchain-based game to reach over $1 million in daily transactions.

In order to play CryptoKitties, you must use Ether (ETH), which is a form of cryptocurrency that can be used to purchase and sell items within the game. Ethereum can also be used in crypto pairs such as ETH/USDT along with BLUR USDT and many others.

What is the CryptoKitties game?

The CryptoKitties game is a blockchain-based collectible game. It was launched in November 2017 and is the most popular Ethereum-based application.

CryptoKitties is essentially a digital art collection that you can buy, sell and breed. You can also create derivatives of your kitty by mixing its DNA with other CryptoKitties or even make new ones through “siring” (aka breeding).

CryptoKitties’ Features 

Attributes

As you know, CryptoKitties are unique digital collectibles. Each one has its own set of attributes that make it different from the rest. These attributes are passed down from one generation to another and can be good or bad, dominant or recessive.

For example, if a kitty’s parents both have long hair, then that kitty will likely also have long hair; however if one parent has short hair and the other has long hair, there is a chance that this little guy or gal won’t inherit any of those traits at all!

Cool Down Speed

Cool-down speeds are determined by the generation of each kitty. A Gen 0 (1st generation) kitty has a cool down time of 1 minute, while a Gen 10 (10th generation) kitty will have a cool down time of 30 minutes. The speed increases with each generation; it goes up by 5 seconds every 3 generations, so an 11th-generation kitty will take 25 minutes to cool down.

Cool down times are denoted by numbers:

1 = 1 second

2 = 5 seconds

3 = 10 seconds

4 = 15 seconds

Genes

In order to understand the basics of how CryptoKitties work, it’s important to know that their genes determine their appearance. Genes are passed down from parents to offspring and can be dominant or recessive. They have a certain number of points associated with them, which determines their level of dominance in offspring.

Mutations

Mutations are a result of breeding. They’re a chance occurrence where the kitten’s genes could either get new attributes or lose them. If a kitten has two parents with mutations, it’s more likely that their offspring will inherit those mutations as well. Mutations can be both good and bad, as they can help your kitty achieve its full potential (or hinder it). 

The chances of getting a mutation vary from 0% to 100%. This means that even if you have two cats with lots of rare attributes who are guaranteed to pass on all their attributes when bred together, there is still an element of chance involved in whether or not their offspring will inherit these traits.

Family Jewels

Family jewels are a new feature that was added to the game in May 2018. They’re a way to buy and sell kitties, but they’re rarer than regular kitties. Family jewels are essentially a new way to buy and sell kitties.

Where to Buy CryptoKitties?

You can buy CryptoKitties from the CryptoKitties marketplace or from a third party. If you are not a trader and just want to buy some for fun, there are also players who sell their kittens for cheaper prices than the marketplace does.

How to Breed CryptoKitties?

You need to buy a kitty, who will be referred to as the sire.

You need to breed the kitties.

You need to wait for the kittens to be born, grow up, and mature.

How To Sell Cryptokitties?

If you’re done playing with your CryptoKitties, it’s time to sell them. You have three options:

Sell them on a marketplace (like Catbook) for a set price

Sell them on a marketplace for an auction

Sell them on a marketplace for a bidding war

How To Start Cryptokitties?

To start playing the game, you need to download the app and create an account. Once you create your account, buy your first kitty. You can buy it from other players or breed it yourself by using two kitties with different characteristics.

Once you have bought one or more cats, they will be added to your collection forever. Your job is to keep them happy and healthy so that they can reproduce offspring in order to make money out of them.

Is CryptoKitties a Good Investment?

CryptoKitties is notoriously volatile, so it’s important to know the risks of investing in crypto kitties. You can use tools like CoinMarketCap and CryptoCompare to get a sense of how much each token has increased or decreased in value over time. 

There are also several other factors that influence price fluctuations: the total supply of tokens and whether there are any new features coming out soon (which could drive up demand), as well as competition from other projects.

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