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Crypto Kitties is a perfect example of why the blockchain matters

Last week, AxiomZen studios launched Crypto Kitties, an Ethereum-based game where you can buy and breed cute digital cats. Then, as with every cat thing on the Internet, it promptly blew up. So far, people spent over $6.4 million on these virtual cats. The most expensive one, the genesis cat, sold for a whopping $115,000 a few days ago. The popularity of Crypto Kitties caused a lot of anger and confusion online.
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People have spent over $1M buying virtual cats on the Ethereum blockchain

Technology / Startups : TechCrunch: Startups

Launched a few days ago, CryptoKitties is essentially like an digital version of Pokemon cards but based on the Ethereum blockchain. And like most viral sensations that catch on in the tech world, it’s blowing up fast. Built by Vanc...

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