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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (136991)12/4/2017 11:56:21 AM
From: Elroy Jetson  Respond to of 217551
 
Collectors of gold and cryptocurrencies have spent more than $2 million of the cryptocurrency Ethereum on virtual kittens by Sunday night, bought and sold over a new blockchain-based game called CryptoKitties.

The craze for the virtual cats — whose exorbitant valuations are reminiscent of pre-crash Beanie Babies in the 1990’s — mushroomed within days of the game’s launch on Nov. 28, TechCrunch reports. According to a third party site that monitors their sales the most expensive virtual kitten so far was bought Sunday for $117,712; the mean price of a virtual kitten is currently a little less than $90.

CryptoKitties function much like the cryptocurrencies used to purchase them. They are not stored in a centralized database and because each one is a unique, immutable object traded over blockchain, they can continue to exist as tradable objects even if their creator AxiomZen were to go bust.