Blockchain technology is currently continue to grow with various new blockchain-based innovations in various sectors. One of the networks that is widely used today is the Ethereum Blockchain Technology, With a Smart Contract Feature making it a various basis for an ecosystem in various sectors. Some of you may be familiar with CryptoKitties, this is a popular dApps that introduces collectible tokens on the Ethereum Network and KittieFight is a new dApps related to CryptoKitties.

What is KittieFight?

KittieFight is a Blockchain-based platform that has a competition concept intended for Cryptokitties. On the KittieFight platform, various participants can compete and the winners of each fighting competition session who use special fighting characters owned by participants from the Cryptokitties platform, will receive a token reward. The prizes are Ethereum & Native Tokens from dApps KittieFight and there will be a Jackpot that has the opportunity to be won in every session. Blockchain technology provides a fair Ecosystem so that all participants in the game have a 50% chance of winning the ongoing competition session.

The KittieFight platform is also a solution to solve the problem of over-supply of Cryptokitties through a flow called KittieHell, this will provide a Demand Effect from each fighting session on the KittieFight platform which will basically create a demand for new cats on the Cryptokitties platform because of the ongoing Competition Session and The KittieHell flow described above. Participants who win battle sessions on the KittieFight platform can trade the token or other things. Not only that, KittieFight embraces a crowd-driven system, which will provide the community to participate and contribute.

Lending

Not only as a competition platform, KittieFight is also a DeFI Platform that supports Lending. Weekly results will be given to lenders to be drawn proportionally based on pre-agreed commitments from lenders through the KittieFight Platform, lenders can expect to get weekly interest that is varied and profitable from the amount of capital deposited Previously into KittieFight Cash. KittieFight aims to create a DeFi Platform with unique and complete features.

What is KTY Token?

KTY Token (KittieFight) is a utility token based on Blockchain technology. This token is the basis of the KittieFight platform's internal economic system, with a limited supply that will reduce inflation and allow Demand to continue to grow along with the participation of its participants on the KittieFight platform. Holders can use this token for various things such as Lending, Betting, Service Fees, Ticket Fees and others.

Conclusion

CryptoKitties is arguably one of the pioneers of the collectibles ecosystem and the originator of the use of Blockchain Technology which is not only a tool for purely financial transactions but also for recreation. Its solid and large community is certainly a good thing but it also has a negative impact because Oversupply, KittieFight on the other hand tries to become a bridge for it to simultaneously become a new DeFi Platform as well as a place for fun competition session. The lending system is also quite interesting because it offers a profitable ROI with good Scheme and another thing is the team behind this platform have a good background.

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