CryptoKitties - Over 5 Million Dollars of Digital Kittens Sold Through Ethereum!

in #cryptocurrency6 years ago (edited)

Screen Shot 2017-12-05 at 11.08.23 AM.png

Over the past week, the new Dapp - https://www.cryptokitties.co/ has been going viral.

2 days ago TechCrunch reported that "People have spent over $1M buying virtual cats on the Ethereum blockchain".

Yesterday, Coindesk reported that sales reached $3M for the lovable digital kittens, clogging the Ethereum network. A tweet from CryptoKitties addressed the situation:

Screen Shot 2017-12-05 at 11.30.43 AM.png

Today, sales have reached $5M

The viral craze is showing no signs of slowing down as users rush to buy and breed their kitties to have a chance at bringing forth the next $100k kitty. That's right! 2 kitties have already been sold for over $100k each! That's over 200 ETH per kitty! The average sale price at the moment is about $130.

Sources:
https://kittysales.herokuapp.com/

https://techcrunch.com/2017/12/03/people-have-spent-over-1m-buying-virtual-cats-on-the-ethereum-blockchain/

https://www.coindesk.com/loveable-digital-kittens-clogging-ethereums-blockchain/?utm_content=buffereb577&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

https://twitter.com/CryptoKitties/status/937444644740198400

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Is that a game that fetches Ether or just digital Kittens frenzy?

Just a frenzy as far as i can tell. It's kind of like beanie babies, tamagotchi or neopets. I guess it is kind of cool that they can breed to create new kitties, but it looks like it's all about the collecting, buying, and selling.

Aha, now i get the gist...poor Ether is taking all the Blows

Yes i agree with @richardkrill over on http://steemspeak.com that the funniest thing about this, is how with just a little bit of good marketing, a simple ethereum token can clog up the entire ethereum network XD EOS will destroy ethereum!
Upvoted this to over $20 man

This really shows how limited Etherum is at the moment when it comes to scaling. Thank you for the support @richardcrill, much appreciated! :)

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thealliancereko

Lol...that is amazing. I had no idea!

nice information share,thanks for the post

very good post,nice information,good job,thanks for sharing

This post has received a 0.26 % upvote from @drotto thanks to: @banjo.

This post has received a 9.41 % upvote from @booster thanks to: @richardcrill.

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