Meaning of CryptoKitties
The game became the most used Ethereum-based token in December 2017 using over 15% of overall Ethereum Blockchain at that period.
With cryptokitties, you can build your virtual cat with desired and unique features, then offer it for sale in the store in exchange for ETH because no cryptokitty can ever be the same as another due to unique private key for each Ethereum-based tokens they represent.
This makes Cryptokitties the first real-world simple alternative use to crypto coins and token. It has simply demonstrated that a token can mean much more than a financial value. They can also represent a collectible item of a limited supply, such as baseball cards, paintings or antique.
Each cat is one-of-a-kind and 100% owned by user; it cannot be replicated, taken away, or destroyed.
Launched: 28th November, 2017
Founded By: Axiom Zen
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Social Media: Facebook.com/CryptoKitties/ || Reddit.com/r/CryptoKitties/ || Twitter.com/Cryptokitties || Discord.gg/3GvT66U« Back to Dictionary Homepage With 1,000+ Crypto Terms