Overview of CryptoKitties and how to make money from it

CryptoKitties is the first game built on the Ethereum network. It came with attractive features and you can trade in it. Cryptokitties exploded recently thanks to it’s cool features and has people earning a lot of money through it with it’s trading features. If you do not want to miss the great and amazing world of CryptoKitties, then stay with me until the end of this post. In this post, we will give an overview of the CryptoKitties game and its benefits, and I will explain how it works.

What is CryptoKitties?

Axiom Zen created CryptoKitties in 2017. This online game is known as the first game built on the Ethereum network and is a decentralized application in which you can buy, sell, collect, breed virtual cats In fact, all digital cats in the world of CryptoKitties are tradable. Each digital cat in this game is completely unique and there will be no other copy of that digital cat. So when you have a digital cat, no one can have a digital cat like that and in fact, you are the real owner of that digital cat. By selling your digital cat, you are actually exchanging ownership with someone else. Also, note that destroying these virtual cats is impossible.

How Do CryptoKitties Work?

This game uses Ethereum blockchain technology and CryptoKitties are non-fungible tokens based on the ERC721 token standard. This game runs on an algorithm called Genetic Algorithm or GA. According to this algorithm, each CryptoKitty is unique and inspired by a real genetic pattern. As a result, the information contained in a digital cat is in the form of DNA placed in a smart contract. This information includes colors, patterns on the fur, facial expressions, etc.

How to buy a CryptoKitty?

First, you must have a MetaMask wallet to be able to follow the steps below.

Step 1

You need to go to the CryptoKitties marketplace and create an account. This marketplace is user-friendly and easy to get started.

Step 2

In the marketplace section, you can see different digital cats such as Exclusive cats and Founder cats with different prices. Pick a cat and then click on the “buy now” icon. Also if CryptoKitty is not for sale you can bid on a CryptoKitty and the seller can accept or reject your bid.

Step 3

You can now finalize your CryptoKitty purchase by paying through your wallet.

Breeding the cats

For Breeding the cats you need at least two cats to act as the Sire & Dame. Sires after breeding needs a short time for recovery. After selecting one of the cats as Sire, you can select a cat as Dame by selecting the “Sire with my Kitties” option and then clicking “OK”. Once your cats have bred, you can see a new egg in the inventory section. When you click on the egg, your new kitten comes out with its own new and special sets of features.

How to make money from CryptoKitties?

What makes virtual cats valuable is that they are rare and special. When you have a cat, that cat is actually special in the world of CryptoKitties and there will be no other cat with the same features. Cats are also ranked based on gen. For example, cats released with gen 0 were the first cats to be given to users for free by CryptoKitties. Another way to make money on CryptoKitties is to buy and sell. You can buy cats at a lower price and sell them at a higher price. Also, you can give your cat as a Sire to other users and they will pay you in return. You should also note that this is a gamble. And you might buy a cat for 0.1 ETH today, but tomorrow its value will decrease. You may also get cats with a special gem during the game.


Conclusion

The world of CryptoKitties can be a new opportunity for you to make money. Setting up an account on this site is very simple and with a few clicks and connecting to the MetaMask wallet, you can create your own account. You will not be limited by Breeding and surely the world of CryptoKitties can expand every day.

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