Kitties, Pokemons, Ethereum – what connects these things? That is ethereum-based computer games. The world seems to go mad.

There was nothing in the beginning. Then, there was offline video games. Then, the games became online, now it’s difficult to imagine a computer game without online mode. As cryptocurrency grows more popular, cryptocurrency-based computer games are expectedly appearing.

What can be cryptocurrency spent on? Another war game? Plane rides and attacks on enemy ships? No. Military games have been replaced by...kitties. Yes, you are not mistaken. Kitties haven’t gone out of fashion, on the contrary, they have gained the world popularity, entering the world of ethereum.

LiteFinance: Kitties, Pokemons, Ethereum – what connects these things? That is ethereum-based computer games. The world seems to go mad.

 

CryptoKitties is a game, based on the life of cats owners, a kind of simulator. You can buy a cat, sell and breed cartoon kittens.

An ideal option for those, who are allergic to cats. But there are some drawbacks:

  • you can’t give a virtual cat a stroke;

  • it can’t purr

  • ethereum-based cats are quite expensive

There are kitties for $10, for $16 000 and for $114 000. What’s the difference? Each kitty has its own set of genetic traits. The more unique are the genes, the more expensive is the creature.

If you are septic about the game and think it will fail, there is bad news for you. More than ten million dollars have been spent on CryptoKitties .

Considering the fact, that ethereum price, as that of any cryptocurrency, is constantly fluctuating, one can make profits from cryptokitties. For example, you can buy a Maine Coon for $700, and sell it with ethereum surge for $800. Of course, there is a risk of a loss. But it is not a reason to get upset. The object of games is to have a good time, but not to become rich due to them. That is not exact, though. You can play cryptokitties onwww.cryptokitties.co. Just for the first week since the game had started, it was spent $2.5 million on buying kitties, so don’t get carried away too much:)

Such kind of games includes not only kitties. There are cute Japanese monsters, back from the past, Pokemon.

 

The number and diversity of the kitties is really striking:

LiteFinance: Kitties, Pokemons, Ethereum – what connects these things? That is ethereum-based computer games. The world seems to go mad.

 

The third rise

Pokemons have conquered the world again. First, there was a cartoon, conquered the hearts of millions. Then, Pokemons were chased with Pokemon Go game. Now, they got to cryptocurrency. Etheremon is a new game based on ethereum, which has challenged cryptokitties.

Pokemon number in the game is limited, it’s about 20 characters. Each has its own military abilities and its own element: water, fire or poison. There are only 19 Etheremons on the game website, the last of them is going to appear soon. The most important in the game is the battles between the monsters. But they are temporarily unavailable too. One will be able to buy not only Etheremons, but also characters’ equipment, like with legendary WOW and Diablo.

Etheremons are not as expensive as kitties yet; the most expensive one on the site is 3.06 ETH.

Most functions in the game, such as battles between the characters, are not available yet. You can make profits from the interest of a similar character purchase. For example, someone likes an Etheremon like you have, a person buys it, and you get some money as a fee. A kind of ponzi scheme, but cryptocurrency is impossible without ponzi schemes.

 

Cute warriors Etheremons are onwww.etheremon.com.

 

So cute are Etheremons the monsters:

LiteFinance: The third rise

 

There is, of course, a risk to lose your money in such games. It should be understood by anyone, who takes up for cryptocurrency. The profits can be made from them as well. Besides, a game form will bring positive emotions.

So, it’s no use in speculating, whether these games are good or bad.

As Ethereum-based games appeared, the cryptocurrency expectedly started growing more popular, especially in the Asian market. It can positively influence the rate. The success of such games can well cause game industry giants to develop their products based on blockchain.

But there are drawbacks.dfb  as well. Appearing of CryptoKitties and Etheremons raised the average transaction cost and resulted in deadlocks; transactions take more time to be processed, and one has to pay for the speed.

CryptoKitties is based on blockchain, that is each action inside the game will be recorded into Ethereum block-chain. Blockchain is a convenient system, but for the cryptocurrency, based on it, it is a problem, as the developers do not always manage the network capacity.

If the number of such games increases, followed by the increase in the number of gamers (especially in Asia), ethereum will face a serious test. Will the network manage this success?

Etheremon developer, Canadian-Russian programmer Vitaly Buterin has said more than once, that the cryptocurrency bandwidth needs increasing. Now, with CryptoKitties popularity, this problem can be solved sooner.

Another problem, that can be faced by gamers, is complete blockchain decentralization, that is there are no people being responsible for any actions. For example, if your kitten is stolen due to software failure, you will have no one to address.

Take care of kitties ;)


P.S. Did you like my article? Share it in social networks: it will be the best "thank you" :)

Useful links:

  • I recommend trying to trade with a reliable broker here. The system allows you to trade by yourself or copy successful traders from all across the globe.
  • Use my promo code BLOG to get a 50% deposit bonus on the LiteFinance platform. Simply enter this code in the appropriate field when funding your trading account.
  • Telegram chat for traders: https://t.me/litefinancebrokerchat. We are sharing the signals and trading experience.
  • Telegram channel with high-quality analytics, Forex reviews, training articles, and other useful things for traders https://t.me/litefinance
Ethereum games

The content of this article reflects the author’s opinion and does not necessarily reflect the official position of LiteFinance broker. The material published on this page is provided for informational purposes only and should not be considered as the provision of investment advice for the purposes of Directive 2014/65/EU.
According to copyright law, this article is considered intellectual property, which includes a prohibition on copying and distributing it without consent.

Rate this article:
{{value}} ( {{count}} {{title}} )
Start Trading
Follow us on social media
Live Chat
Leave feedback
Live Chat