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Cheapest Crypto Kitty

How To Make A Profit

How To Make A Profit

Ive learned a lot about CryptoKitties thanks to this subreddit . Its earned me a decent profit. Time for me to give back to the community. (And from a selfish angle, if I can encourage more people into the game, it helps me make more profit too). Note:I dont claim this is the most efficient way to make a profit. I just know its worked for me. Please feel free to make suggestions for improvement. The key to making a profit is to produce kitties with rare traits. The best way Ive found (so far) to do that is to breed 2 cats that already have the trait. For example, breeding 2 cats with Jaguar is very likely to produce kittens with Jaguar. Id say about 80% likely. Hint:See which are the rarest traits using either of these 2 sites: I would pick a trait in the top 10 or top 15 at most. I trust the wisdom of the market to set prices. I usually set the start price at about 1.5x what I think the cat will actually sell for, and set the ending price pretty low, sometimes even just 0.02 ETH. Personally, I prefer it if my cats sell on the first attempt, even if they sell very cheap. This opens up opportunities for bargain hunters people who search the market looking for cats which are undervalued and immediately resell them. 3. How to do a precise search to value your cat. Do a search of the marketplace which includes the Gen, Cooldown, and the cats rarest trait. For example: Then sort the results by cheapest first. I usually set my starting price somewhere around the values shown on the first page. And my ending price is usually below the cheapest cat. I usually use a time of 0.5 days, mainly because prices decrease so rapidly. As an extra check, do a wider search by taking out the cooldown. This helps you to confirm your intended pricing is about right. For example: Check the pr Continue reading >>

Cryptokitties - Everything You Need To Know

Cryptokitties - Everything You Need To Know

Blockchainhas started taking the world by a storm of innovative use cases. For those whove come in late, the blockchain is the underlying technology behind cryptocurrencies like Bitcoin , Ethereum etc.(Take a look at our detailed blockchain guide ) Industries across the globe have started experimenting with this technology to explore every possible niche of their sector to solve different problems in ways never tried before. And with every industry trying hard to make use of this technology, why should the Gaming industry fall behind! Thats why interesting blockchain-based games are being introduced for the consumers to feel even more associated with this revolutionary tech i.e. blockchain. And one of the most interesting and innovative blockchain game is Cryptokitties, which is also our topic of extended discussion today. In this introductory write-up of Cryptokitties, I will walk you through the below mentioned salient points of this unique idea: CryptoKitties is a blockchain-based game where you can breed, collect and HODL kittens that are made & generated over Ethereum blockchain. These digital kittens or cryptokitties are just like humans that are unique and cannot be replicated, taken away or destroyed by anyone. Still not making sense? Bear with me and read further. I will break it down in simpler words so that you are absolutely clear by the end of this post. Cryptokitties is a blockchain powered game. Just like cryptocurrencies that thrive and are born on the blockchain, cryptokitties are also born and thrive on Ethereums blockchain.Just like each Bitcoin or Ether, each cryptokitty is also unique. These cryptokitties are like a new form of collectibles called cryptocollectibles. Their team is quite diverse that includes numerous start-up founders, crypto-enthu Continue reading >>

Cryptokitties Maker On $100,000 Digital Cats: 'it's Crazy'

Cryptokitties Maker On $100,000 Digital Cats: 'it's Crazy'

CryptoKitties Maker on $100,000 Digital Cats: 'It's Crazy' If theyre going to value or devalue in the future, I honestly dont know. CryptoKitties, if youre mercifully unaware, are digital collectibles that people buy and sell on the Ethereum blockchain for cryptocurrency. The game, which launched at the end of October, has become immensely popular in the last week or so and rare kitties are going for well over $100,000 USD. Its rather controversial since CryptoKitties are essentially digital Beanie Babies (pro: provably unique, con: dont physically exist), that can cost a lot of money. CryptoKitties are really just bits of code on the blockchain, and two bits of code can be combined (or bred) to create a new and unique bit of code, which creates a new kitty. This code gives them defining visual characteristics, which may make them more or less valuable. Then, people buy and sell their cats. The game is so popular that the resulting traffic has been blamed for slowing down the entire Ethereum network recently. "I honestly believe there is an Ethereum before and after CryptoKitties" What you may not know, though, is that CryptoKitties arent a random lark by some fun-loving coders. The game is a product of Vancouver-based company Axiom Zen , and the company makes money on it. How much, exactly, is hard to say, but with more than $8 million USD spent on kitties so far according to one third-party site, the company has made at least $300,000 from the 3.75 percent cut it takes on every CryptoKitty trade alone. Thats not counting what the company makes from selling brand new kitties , which are minted every 15 minutes. To get a sense of what CryptoKitties wild ride has been like from the inside, and if the team is worried about a CryptoKitty market crash, I called up Arthur C Continue reading >>

Cryptokitties, Explained ... Mostly

Cryptokitties, Explained ... Mostly

Cassandra Shi, center, talks with other guests during a Crypto Christmas Party at Mr. Tipple's Recording Studio in San Francisco. Credit Jason Henry for The New York Times SAN FRANCISCO Joe Buttram, a former mixed martial arts fighter and start-up security guard turned cryptocurrency investor, was looking at a new toy called a CryptoKitty. You can see he wants to sire, Mr. Buttram, 27, said. For about 20 of the cryptocurrency called ether ($14,000 at the time), the cartoon cat would mate with one of Mr. Buttrams, and he would get a new CryptoKitty. That kitty could inherit its fathers desirable eyes (traits include thicccbrowz) or fur pattern (like totesbasic). Every new technology gets a game that helps bring it careening into the mainstream. Social networks had FarmVille. Mobile phones had Angry Birds. And, its investors hope, blockchain has CryptoKitties . Blockchain technology like Bitcoin and Ethereum, ledgers for recording virtual currency transactions, is booming, and CryptoKitties is the first big blockchain game. As they did with baseball cards, people collect CryptoKitties, but these cards can breed. The Ethereum network, whose currency is called ether, is valued at about $70 billion, but not many of the investors really know what their ether can be used to do. And now heres one thing you can do with it: Ether is the only currency that exists in the CryptoKitties world. Since CryptoKitties was introduced a month ago, 180,000 people have signed up. Theyve spent about $20 million in ether, and more than 10 kitties have sold for over $100,000. Based in Vancouver, British Columbia, CryptoKitties is now a team of 18. Next the company is starting social games like kitty beauty contests and expanding into other blockchain collectibles. Were just like, man, people wa Continue reading >>

This Man Has Made More Money Trading Cryptokitties Than Investing In His Ira

This Man Has Made More Money Trading Cryptokitties Than Investing In His Ira

This man has made more money trading cryptokitties than investing in his IRA CryptoKitties, a game where users breed and trade digital kitties using Ethereum-based smart contracts, has emerged as the latest mark of societys obsession with rising cryptocurrency values. In some ways, the popularity of the game reflects the skyrocketing values of digital currencies like Bitcoin and Ether. Total sales on the platform created by Canadian startup Axiom Zen have reportedly hit $12 million, according to Coin Telegraph , as some cats with rare attributes have been sold for upwards of $80,000 . Cryptokitties are generated by code, and bred by spending Ether tokens on smart contracts that use two base cats to create a new one. Each resulting cat is unique and persistent, recorded on Ethereums public ledger. While the game has proven wildly popular, CryptoKitties has also been plagued by network slowdowns, little game progression and automated bots that snipe deals. Its also placing a new load on the currency itself. The game has slowed down the Ethereum network by as much as 11 percent, Motherboard reported last week. But as the first successful game built on the Ethereum network, CryptoKitties success has hinted at the greater potential of apps powered by blockchain technology and given rise to a new wave of cryptocurrency speculation. Like Bitcoin and Ethereum, CryptoKitties allowed speculators to make a lot of money if they got in at the right time. One of those speculators is Todd, who wished to remain anonymous in order to disclose personal financial details. While we talked, the CryptoKitties site dipped in and out of commission. Todd is a 30-year-old entrepreneur and software designer from Austin, Texas. Hes also been the owner of 35 cryptokitties , an extension of his bro Continue reading >>

Ethereum-based Cryptokitten Sells For $117,712

Ethereum-based Cryptokitten Sells For $117,712

Ethereum-Based CryptoKitten Sells For $117,712 According to Etherscan, the Ethereum address of CryptoKitties decentralized application (dapp) accounts for 3.84 percent of the Ethereum networks total daily transaction volume of over 500,000 transactions. Essentially, CryptoKitties is similar to Neopets and allows users to breed and look after a digital pet. On the CryptoKitties platform, users can purchase cartoon kittens with Ether and breed them to obtain rare attributes. Scarcity adds value to these digital cartoon kittens, which can be sold again on the peer-to-peer Ethereum marketplace. The immutable nature and decentralized structure of the Ethereum blockchain network ensures there are no duplicate kittens. Possession of a cartoon kitten is embedded onto the Ethereum network and thus, the ownership of it is unalterable. While CryptoKitties isnt a digital currency, it does offer the same security: each CryptoKitty is one-of-a-kind and 100% owned by you. It cannot be replicated, taken away, or destroyed, said the CryptoKitties team. Since the cartoon kittens on the CryptoKitties marketplace are collectibles as their values are purely based on scarcity, rare kittens can be sold at substantially higher prices. On December 3rd, a user by the name of Stimpson J. Cat sold the first kitten generated by the CryptoKitties dapp for $117,712. Other rare cartoon kittens have been sold for around $5,000, with some bred kittens sold on the marketplace for over $9,000. [There exists] 4 billion possible cats [on the CryptoKitties network]. I dont know if all of those cats will be discovered in the length of CryptoKitties life cycle. I think itd probably destroy the Ethereum network if they are. There are also hundreds of fancy cats so all of our cats are procedurally generated. Ge Continue reading >>

Cryptokitties - Useless But Fun

Cryptokitties - Useless But Fun

Discussion in ' Altcoins ' started by Wekkel , Dec 3, 2017 . Recently, I stumbled on the concept of 'Crypto Kitties' in a post at Hackernoon . I decided to keep this one in mind and recently, CryptoKitties launched . The basic premise of the Crypto Kitties project (Project) is the following.: the Project runs on the Ethereum blockchain the creators of the Project will release 50,000 crypto kittens until November 2018 (1 each 15 minutes) these cats are called 'Gen 0' cats (generation zero) each cat is unique; the owner thereof is recorded on the Ethereum blockchain they sell each Gen 0 cat to the public. The market place is part of their website but cats can also be breeded with each other, either between cats of a single owner or cats of different owners (owners decide) the breeding will lead to new variations of cats of different generations (Gen 1, Gen 2 etc) The stated purpose of the Project is to create digital collectables. These collectables can be traded online with prices set in the free market. If no one is interested, the Project will die. If it takes off, papers can start to write about 'Tulip Mania' in the trade of ..... digital kitties..... "Blockchain could be the information ages biggest advancement since the internet. By enabling trustless transactions and empowering transparency, security, and privacy, the technology holds immense potential for businesses and consumers alike. Unfortunately, the public perception of blockchain barely brings this up if the technology itself is even acknowledged. Instead, the peaks of Bitcoins valuation dominate most headlines; a successful token offering has an ICO horror story the next article over. This revolutionary technology is misunderstood, often maligned, and its potential is underexploited. Thats why were puttin Continue reading >>

Guide To Buying Cryptokitties (ethereum Game)

Guide To Buying Cryptokitties (ethereum Game)

Crypto, Products, and other Random Thoughts Guide To Buying CryptoKitties (Ethereum Game) howto games blockchain ethereum guide crypto cryptokitties CryptoKitties launched in late Nov 2017, and within a week it had taken the world by storm , flooding the Ethereum transaction network and generally causing a ruckus as kitties are wont to do. This post will give you a brief introduction to the beanie babies (/neopets) of this generation, and a step-by-step guide on how to get your very own CryptoKitty. Prepare to get your paws wet! There's tons to learn in this post. To help you remember, check out my app Harvest: Take Notes and Learn Passively . It uses a memory algorithm called spaced repetition to help you remember notes just like this summary : CryptoKitties are digital cats that live purely on the Ethereum blockchain ( refresher on blockchain ). They are collectibles that you can buy, sell, and best of all, breed to create new kitties. When you own a kitty, no one can take it away from you (not even the CryptoKitty company) since your Ethereum address owns it and only you have the private key. The whole point of CryptoKitties is not only that they are beautiful digital kitties that you can admire and collect (maybe this is the whole point); you can also breed any two kitties together and create an entire unique new kitty, with its own " cattributes " and name. CryptoKitties are each part of a "Generation" which just means that the kitties that were magically created and without parents are "Generation 0" and every subsequent breeding from these kitties are "Generation +1" of the youngest of the parents. Generation 0 + Generation 0 = Generation 1 "Cattributes" (cat attributes) are what uniquely define a kitty. These describe everything about your kitty, including colo Continue reading >>

How We Made $100k Trading Cryptokitties

How We Made $100k Trading Cryptokitties

Founder Cat #4, the main protagonist of thestory. By now everyone has heard of CryptoKitties, a cute game that went viral to the point of overloading the whole Ethereum network. This is the inside story behind how we made $107K investing in CryptoKitties and briefly set the record for the largest sale ever (currently second-largest). Later, we made ~$8K running an automated arbitrage bot. While playing the speculation game at the height of the mania was exciting, the bot was fairly technically involved and will be interesting to people who want to learn blockchain engineering in general. As I was toying with my Ethereum smart contracts on a regular Saturday night (December 2), something was clearly off: transactions were stuck and took much longer than usual to confirm. A quick investigation showed there were 1020 times more pending transactions than usual, and many of them were going to the same mysterious address, 0x06012..66d . This is how I first learned of the now-famous CryptoKitties game. Next morning I called Oleg, a close buddy who runs a top crypto hedge fund in Russia to discuss this unusual phenomenon. While the CryptoKitties game was merely a curiosity for me, Oleg immediately spotted a lucrative investment opportunity. First, we were clearly among the earlier entrants. Second, the game looked like it had all the precursors of going viral, similar to Pokemon Go, and was in the early stage of a hockey stick explosion. Now the question was, which Kitties should we buy? The marketplace offered 4 ways to sort Kitties: cheapest first, most expensive first, newest first, oldest first (note: the website had been redesigned since). The first 3 options are clearly transient: you can always put a cheaper, more expensive, or a newer Kitty on the market. Oldest, howev Continue reading >>

People Have Spent Over $1m Buying Virtual Cats On The Ethereum Blockchain

People Have Spent Over $1m Buying Virtual Cats On The Ethereum Blockchain

People have spent over $1M buying virtual cats on the Ethereum blockchain 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, its blowing up fast. Built by Vancouver and San Francisco-based design studio AxiomZen , the game is the latest fad in the world of cryptocurrency and probably soon tech in general. People are spending a crazy amount of real money on the game. So far about $1.3M has been transacted , with multiple kittens selling for ~50 ETH (around $23,000) and the genesis kitten being sold for a record ~246 ETH (around $113,000). This third party site tracks the largest purchases made to date on the game. And like any good viral sensation prices are rising and fluctuating fast. Right now it will cost you about .03 ETH, or $12 to buy the least expensive kitten in the game. So now we have people using Ether, an asset with arguably little tangible utility to purchase an asset with unarguably zero tangible utility. Welcome to the internet in 2017. In all seriousness, its a little bit reminiscent of the beanie baby trend where people were paying insane amounts of money for stuffed animals. But if the popularity continues to increase these people may be able to make a return by reselling or breeding their rare kittens, or theyll be stuck holding the virtual cryptographic keys to a virtual rare kitten when the market crashes in a few day, like eventually happened with beanie babies. There are a few cool things about the game though, and putting aside the valuation absurdity its actually a cool way for beginners to interact with the Ethereum blockchain. First off, its important to understand that since its played on the Ethere Continue reading >>

Meet Cryptokitties, The $100,000 Digital Beanie Babies Epitomizing The Cryptocurrency Mania

Meet Cryptokitties, The $100,000 Digital Beanie Babies Epitomizing The Cryptocurrency Mania

Someone spent $114,000 on a virtual kitten that runs on blockchain So states the FAQ for CryptoKitties, a new game for collecting, breeding and selling digital cats that is so popular, it is clogging up the network of digital currency ethereum . Players have spent the equivalent of $6.7 million and counting buying CryptoKitties, which can sell for as much as $114,481.59, according to third-party research from developer Niel de la Rouviere . The median price of a kitten is $25.04. Just three days ago, the site had logged about $1.3 million in sales . "The popularity of virtual cats fits the euphoria we see elsewhere in the crypto-currency space," Peter Atwater, who studies market sentiment and heads Financial Insyghts, said in an email. "It feels very reminiscent of the Candy Crush craze that helped propel the King Entertainment IPO back at the peak of the 'Unicorn' era in mid 2014." Created by Vancouver-based Axiom Zen, CryptoKitties launched to 200 users on Thanksgiving and was opened to the public last Tuesday. More than 41,000 unique kittens have been sold already, according to de la Rouviere's data. But CryptoKitties' popularity indicates blockchain technology still has a long way to go to reach its hype. CryptoKitties accounted for about 13.5 percent of power on the ethereum network Wednesday morning, said Benjamin Roberts, co-founder and CEO of Citizen Hex, an ethereum-focused start-up backed by three Canadian venture funds. "With Cryptokitties every Ethereum user has suddenly taken on the computational overhead of running a mainstream application," Roberts said in an email. "This overhead affects not only Cryptokitty transactions, but every other transaction on the Ethereum network." Blockchain project SophiaTX postponed its token sale by 48 hours this week to T Continue reading >>

Cryptokitties: How One Digital Cat Was Flipped For $60,000 Over Four Days Quartz

Cryptokitties: How One Digital Cat Was Flipped For $60,000 Over Four Days Quartz

Keynes was onto something when he wrote about the animal spirits that animate the economy. The CryptoKitties game, which lets players trade digital kittens on the ethereum blockchain, continues to dominate traffic on the cryptocurrencys network. Over 6,000 players are buying, selling, and breeding the blockchain-based felinesand a few of them are making tons of money doing so, according to new data from the independent data site CryptoKitties Sales . The site recently added the ability to track the historical price of any kitten, which reveals the inner workings of the virtual cat trade. The sites creator, Niel De La Rouviere, picked a couple of kittens randomly that turned out to have interesting price histories. Each kitten has a number based on when it was first generated. Kitten number 23 was first traded for over $4,000 on Dec. 2. Two days later, it was sold on for over $32,000. Yesterday, a user named Its All About The Money paid about $63,000 for it, and its now one of the the most expensive cats for sale in that users stable. Its on offer for 240.12 ether , or about $106,000 at current prices. Here are De La Rouvieres picks, charted: Purr-fect returns. (Jason Karaian/Quartz) CryptoKitties players have already spent about $6.7 million since the game launched on Nov. 28, which averages out to nearly a million dollars in daily trading volume, according to data from CryptoKitties Sales. De La Rouviere is the founder of an ethereum project called StakeTree and started the site as a side project, pulling the data, which is public, from the ethereum blockchain. Hes not affiliated with the games developers, a company called Axiom Zen in Vancouver. De La Rouvieres site has generated 50,000 pageviews over the past 48 hours, a level of popularity that he says hes now feel Continue reading >>

Missed The Bitcoin Boom? Five More Baffling Cryptocurrencies To Blow Your Savings On

Missed The Bitcoin Boom? Five More Baffling Cryptocurrencies To Blow Your Savings On

Missed the bitcoin boom? Five more baffling cryptocurrencies to blow your savings on Regretting not spending a few hundred quid on bitcoin five years ago? Get ahead of the speculators by spending thousands of dollars on a imaginary cat or the Paris Hilton-backed LydianCoin Many investors trade bitcoin for Ethereum.Photograph: NurPhoto via Getty Images Missed the bitcoin boom? Five more baffling cryptocurrencies to blow your savings on Regretting not spending a few hundred quid on bitcoin five years ago? Get ahead of the speculators by spending thousands of dollars on a imaginary cat or the Paris Hilton-backed LydianCoin Last modified on Monday 11 December 2017 17.00EST If you are worried youve missed out on making millions by betting on bitcoin , dont worry: there will be plenty more bizarre, borderline-incomprehensible digital bubbles in the future, and their value is only going to go up (until it all comes crashing down, that is). Here are five assets each competing to be the next bitcoin. If there is a reason beyond market exuberance for the latest boom in bitcoins price $16,900 (12,600) as I write this, though who knows what it will be when you read it then it is Ethereum. It is hard to buy Ethereum directly, so most investors trade currency for bitcoin, then bitcoin for Ethereum, meaning a spike in interest in the latter helped revive the former. Ethereum, which was launched in 2015, allows users to build decentralised applications, spending tokens called ether to buy processing power on computers run by other members of the network. Those applications can offer anything from file storage to financial services or simple games, all in a way that is impossible for any centralised authority to shut them down. One of the oddest Ethereum projects in operation, CryptoKi Continue reading >>

Cryptokitties: I Could Breed Virtual Cats For Aliving

Cryptokitties: I Could Breed Virtual Cats For Aliving

CryptoKitties: I Could Breed Virtual Cats for aLiving One thing is for certain. Cryptocurrency is wildly popular, and its changing the way we look at the world. This week, its changing the world through virtual cats. Yes, digital cats. And yes so far, weve spend over $1.3 million on these virtual cats . Not too long ago, Cryptokitties.co launched, proving to the world that anyone can understand the Ethereum blockchain and ERC20 utility tokens. The concept is simple. You begin by purchasing a virtual cat in exchange for Ether. This is a one-of-a-kind cat, and only you own it. There is no other cat exactly like it in the world. Crypto-geeks call this simple concept non-fungibility. Once you have two cats that arent related (we dont encourage incest in the crypto-community), you can breed them together to birth a new cat. All of these cats can be sired out to the community for breeding, or they can be sold on the marketplace. Pretty easy, right? Whats incredible about this seemingly simple venture is that its teaching your average, everyday person how to use basic cryptocurrency. The CryptoKitties program runs off of MetaMask , and the transactions are completed by using Ether to buy, sell, and trade the cats, which are essentially utility tokens. And just think, most people think learning how to use crypto is difficult. CryptoKitties is much more than a fun little game, however. In a matter of hours, it has become wildly popular, accounting for nearly 13% of all gas use on the Ethereum Network. People even started steaming CryptoKitties on Twitch , giving away cats for free and sharing tips on how to best breed your felines. While most of the cats for sale on the CryptoKitties marketplace are decently inexpensive (you can get your very own kitty for around $10 at the tim Continue reading >>

Cryptokitties Birthing Fees Increases In Order To Accommodate Demand

Cryptokitties Birthing Fees Increases In Order To Accommodate Demand

CryptoKitties birthing fees increases in order to accommodate demand So you may have noticed that CryptoKitties kind of blew up this weekend in a good way. You may also have noticed that the Ethereum network also kind of blew up in a not-so-good way. We want to make sure that CryptoKitties works well for everyone, and the most important way we can do this is to make sure that the network stays stable. The excitement and adoption weve seen this week has been overwhelming and we couldnt be happier! However, the Ethereum network is completely full. The only way to keep CryptoKitties from lagging is to increase the gas prices so that all transactions can complete quickly. We know that increased prices will mean that some of you will need to slow down your breeding regimen, and we are incredibly disappointed by that. But who knows? Maybe this slowdown will just mean that youll love the Kitties you already have that much more. Please double-check all future transactions in MetaMask before sending them to be sure you arent spending more than you expect. Suggested gas prices on all transactions have been increased to 25 gwei. You can always override this, but we really dont recommend it unless you have a lot of experience with Ethereum. Its very easy to get your entire account stuck behind one low-price transaction. The birthing fee (paid whenever you breed two cats, even two cats of your own) is going from 0.002 Ether up to 0.015 Ether. We understand that this is a significant increase, and we wish there were another solution. This fee goes directly to the gas costs of birthing a cat. (See below for the details on this.) You should expect these costs to go down whenever possible, and to rise whenever its necessary. We promise to communicate large changes (more than 50% increa Continue reading >>

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