80% might just be a conservative estimate, as existing blockchain users are typically investors or a small group largely interested in bitcoin valuations.Īt its core, the founders of this seemingly stupid game believe that blockchain has the ‘potential to disrupt the financial industry’. Not by teaching you about it like we just attempted, but by allowing you to play with it.Ĩ0% people around the world, according to HSBC’s Rise of the Technophobe survey, have not heard of Blockchain or the digital ledger technology, and even if they have, they cannot explain what it does.

CryptoKitties can be seen as a tool trying to make blockchain easier to understand. Monopoly helped people understand money management and Cand圜rush and Farmville helped popularise social media. Bitcoin is just one type of cryptocurrency. Where does bitcoin feature in all of this? It doesn’t. Ethereum uses the blockchain technology and cryptocurrency Ether (ETH) for the transactions. Simply, blockchain decentralises and democratizes transactions and eliminates central authorities.ĬryptoKitties is a game built on Ethereum which is considered a public computing platform. And since it isn’t centrally controlled, chances of destruction are pretty rare. It uses a ledger where people know how much each user owns and how much is being transacted. Blockchain is a technology that makes the transfer, and subsequently trade, possible in real-time, more efficiently, and without the need for this third-party. This middle-person transfers the money after identifying the right account and charging a fee. Today, money is transferred from one to another using a trusted, third-party source. More accurately, CryptoKitties are digital, collectible cats built on the Ethereum blockchain. Ī world that hasn’t fully comprehended or utilised the blockchain technology.įounder Cat #18’s home is CryptoKitties, a game where you can buy cats with the hope of selling them at a much higher price later.

But it’s not just any cat, this feline with ugly, purple splotches was bought for 253.3368 Ether (ETH) or $110,707.16. It’s neither animated nor a meme, it’s simply an illustration with a funny bio. I look forward to riding unicorns with you.

When no one’s home, I invite my pals over and we listen to Rihanna.

I enjoy tripping my owner, eating until I loathe myself, and reading garfield.

Free download cryptokitties marketplace