The Definition and Benefits of CryptoKitties


Picture: CryptoKitties


What are CryptoKitties?

Techspace - CryptoKitties is an online game where players can buy, trade, and breed virtual kittens. This CryptoKitties game is similar to Pokemon or Tamagotchi. What sets this game apart from previous games is that each kitten character has its uniqueness. Every kitten in CryptoKitties is a non-fungible token (NFT). This means that each kitten is only owned by one person so that it cannot be taken by others or destroyed. All CryptoKitties can be traded through the marketplace, and some of them are even sold for fiat currency. The game is called DApp (Decentralized Applications) and is essential to the Decentralized Finance (DeFi) field. This means that no single party or individual can control the application.


How Does CryptoKitties Work?

Initially, CryptoKitties was built on the Ethereum blockchain using the ERC-721 token standard. Originally the game was designed to explore the concept of digital scarcity, using smart contracts and the ERC-721 token. Each kitten character in this game has its uniqueness stored in the smart contract. The uniqueness of each game is divided into 12 categories called cattributes. Such as eye shape, pattern, fur, abilities, and various other varieties that can be found in this game. The more unique the character you have, the more expensive the selling price.


How to Play and Get CryptoKitties

If you are interested in playing and getting a kitten character, you must prepare a few things. These range from computers or mobile devices that have access to Chrome or Firefox to crypto-wallets like MetaMask, and some Ethereum. Then, all you need to do is:

  • Go to the CryptoKitties site at https://www.cryptokitties.co/.
  • Click the "Start" button in the top corner.
  • Create an account by entering an active email and username, and click "Continue."
  • Then, a MetaMask pop-up will appear. Install MetaMask and connect your account to MetaMask.
  • Account created successfully.

And this is a step-by-step on how to purchase a CryptoKitties Character:

  • Go to the "Marketplace" page at the top of the CryptoKitties page.
  • Choose a CryptoKitties character you like and click "Buy Now."
  • Make sure you have a sufficient amount of ETH in your crypto wallet. You will then be greeted with the Dapper transaction page, where you can complete your CryptoKitties purchase.

If you feel that the CryptoKitties' desired price does not match the amount of ETH you have, you can bid for it even if it is not for sale. However, usually, the decision depends on the seller. The bidding period will automatically expire after three days.

Can CryptoKitties Breed?

To breed a new CryptoKitties, you only need a pair of CryptoKitties. One can act as Sire (male cat) and Dame (female cat). Here are the steps to breed your two Kitties:

  • Click one of the Kitties
  • Click the "Breed" button that appears, and then the Kitties will become Sire
  • Then click "Sire with my Kitties" and choose a cat to act as Dame.
  • Then press "OK, give them privacy" to do breeding.

CryptoKitties' breeding price is charged at 0.04 ETH. If you find it difficult to breed in the way above, you can also produce one of your kitties with a public sire, which will incur a small transaction fee.

What Are the Benefit of CryptoKitties?

The concept of the value of CryptoKitties is based on Kitties' level of rarity and uniqueness. This is also a principle in most NFT-based and collectible games. The rare types of Kitties attracted the players of the game. Generally, the price of CryptoKitties is also judged based on their rarity. Currently, the selling price of CryptoKitties characters can be seen from the catalog https://www.cryptokitties.co/catalogue starting from 0.004 ETH to reach 310,000,000,000,000,000,000 ETH. All the Kitties that are available in the marketplace have their uniqueness. This is an exciting aspect of this game.


What Are the Determinants of Rarity of CryptoKitties?

If the number continues to increase, it will decrease the value of Kittie's character. This condition is also part of the user's perspective and how they see the different nature of each CryptoKitties. One of the determinants of CryptoKitties' rarity is which generation they come from. In the first year, CryptoKitties gen 0 was created. In the smart contract, it is stated that creators can make 50,000 cats from generation 0. Because they have a limit, they are rarer than other CryptoKitties.






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