What the meow are Cryptokitties?

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english.

Today: What the meow are Cryptokitties?

CryptoKitties are one of the first crypto based games. The game lives on the Ethereum blockchain and the goal is to breed the most unique CryptoKitten.

It starts like this: You enter the game with a virtual cat, and the cat has various traits, such as mouth shape, what kind of fur, etc. In total, 12 different traits exist.

Then you can breed your kitten with that of another player or one of your own. It works like evolution - the traits mix and create new unique kittens. Yellow and Brown fur could create red fur for example.

Kittens are represented as images with the images showcasing those unique traits. And the more unique a CryptoKitten is, the more expensive you can trade it for.

And that’s Cryptokittens. A fun game or just another crazy crypto ponzi scheme? As always, we’ll let you judge!

Disclaimer: This podcast references our opinion and is for information purposes only. It is not intended to be investment advice. Do your own research and seek a duly licensed professional for investment advice.