What is Cryptokitty
What is Cryptokitty ? A short summary for the curious
Cryptokitty is a Decentralized Application built on the Ethereum block chain. It is a game where you can buy and breed virtual cats. You don’t feed or pet the cats, you just breed them and once you get a certain cat – it belongs to you, it is unique in its genetic make-up and cattributes. You then sell those cats or keep them as collectibles.
The game is played online: https://www.cryptokitties.co/ – using Google Chrome with an additional MetaMask add-on. Meta Mast is a sort of wallet – that allows you to keep the Ether you will need to purchase and breed the cats, but also collect the Ether you will get when selling the cats.
The game can only be played with the Cryptocurrency Ether.
These are the features and attributes that make the cat. The website: https://cryptokittydex.com – tracks all known cattributes and lists them in order of rarity. You can see there what cattributes are the rarest, however do note that the rarest cattribute today, might be common in three or four months as new cats are released every 5 minutes with new cattributes at times. It is too early to tell for sure what cattributes will be truly rare. At this stage, just getting cheap cats would be a good start.
“The rarest cattribute today might be common in three to six months”
This game is not as simple as it sounds, the aim of the game is to breed rare genetic cats that sell for large amounts of money. It is like rolling the dice, but starting with cats that have the genetic traits that you are looking for to breed a unique cat.
Some of these cats have already sold for $100 000 or R1.3 million, so if you get your cat right – there is money to be made in this game. Yes, we get to the real point of the game – to make money, we are all here to make money.
The breeding game
The important feature in breeding is cool-down period. From Fast (1 minute of cool down) to Catatonic (1 week of cool down). This is the time it takes the cat to be able to breed again, the shorter the cool down period, the more that cat can still breed. So when you buy a cat – aim for shorter cool down periods for maximum breeding potential, until you can get that rare cat that sells for $100 000.
Things to avoid
- Do not buy cats that have the slowest cool down periods for lots of money, unless if they are lower generation cats and can help you breed new lower generation cats which will be rare over time.
- Ensure you are not buying a cat which is already in a recovery from birthing, as it can not breed right away
- Paying too much for a virtual cat – this is just a game
This game has potential to be BIG in future, considering how similar games have performed. The game is played through a complicated, slow website and still performs really well – If the developers can improve speeds on their site and launch a mobile application – this game could go global. Cats collected early will be worth some good $$ – potentially.
On the other hand, if the game continues to strain the Ethereum blockchain, it could be stopped. Ethereum is not ready for this game to go global – System limitations could bring a quick end to this game.