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Cryptokitties Raises $12 Million From Andreessen, Union Square

Cryptokitties Raises $12 Million From Andreessen, Union Square

Bloomberg the Company & Its Products Bloomberg Anywhere Remote LoginBloomberg Anywhere Login Bloomberg Terminal Demo Request Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. CryptoKitties Raises $12 Million From Andreessen, Union Square Other angel investors include Ehrsam, Ravikant and Pincus Spinoff being done to make blockchain more accessible CryptoKitties, the blockchain-based virtual game that was a breakout success on the Ethereum network, is being spun off as a separate venture that has already raised $12 million from a star-studded roster of investors. While Andreessen Horowitz and Union Square Ventures led the funding round, other investors included Coinbase Inc. founder Fred Ehrsam, AngelList Chief Executive Naval Ravikant and Zynga founder Mark Pincus, the venture-studio Axiom Zen said in a statement. CryptoKitties, which is being spun off from Axiom Zen, aims to make the distributed ledger technology, best known for underpinning digital currency Bitcoin, more accessible and relevant for everyday consumers. The game entered the spotlight in December, when CryptoKitties slowed the entire Ethereum network. In the game, which debuted on Nov. 28, players can breed cats and sell their offspring. In early December, CryptoKitties accounted for 11 percent of all transactions on the network, according to web data tracker ETH Gas Station. The software application has fallen out of the top-10 most used Ethereum apps since. Continue reading >>

Salvation From Cryptokitties Draws Near: Plasma Anticataclysm

Salvation From Cryptokitties Draws Near: Plasma Anticataclysm

Open source PROOF-OF-ASSET protocol to facilitate #digitisation, #tokenisation & exchange of traditional assets. All things #cryptocurrency #fintech #blockchain Salvation From Cryptokitties Draws Near: Plasma AntiCataclysm The crypto community recently had difficulties in providing of ETH transactions. They cried out: Save us from cryptokitties!. While innocuous at a glance, the project has become a problem for the Ethereum ecosystem. The cryptokitties multiply, are bought, sold, rented for breeding, in other words, involved in myriads of transactions, taking up the largest volume of Ethereum traffic (20%). This causes many transactions that had previously taken seconds to currently be either delayed to 10 minutes, or fail entirely. Users make attempts to solve this issue by increasing the gas rewards for the transaction, or increasing the cost of a single unit of gas. But even these actions are no guarantee of successful transactions. To solve this issue, BANKEX is undertaking a special operation titled Plasma AntiCataclysm. This development enables users to make a one-time transfer of their funds from the Ethereum network to BANKEX daughter network, and subsequently conduct free transactions on the latter network with increased speeds. At the same time BANKEX takes responsibility for maintaining a special contract, that will allow users to transfer their money back onto the Ethereum network. During the first test of the Plasma protocol, conducted December 14th on the Rinkeby test network, the transaction per second ratio is estimated to be around 5 thousand per second. This is 250 times faster than Ethereums current bandwidth. The working version of Plasma is expected to boost transaction speed to 100 000 transactions per second. And all this at zero cost! The realiz Continue reading >>

Get Free Crypto Kitties Without Using Ethereum With This Simplehack

Get Free Crypto Kitties Without Using Ethereum With This Simplehack

Get Free Crypto Kitties Without Using Ethereum With This SimpleHack Krypto Kitties are a new viral project powered on the Ethereum ETH Blockchain CryptoKitties is a viral project powered by the Ethereum ETH Blockchain. However its alleged that Crypto Kitties are causing significant congestion on the ETH Network with many Exchanges suspending Ethereum transactions due to Crypto Kitty activity. While Crypto Kitties are a valid argument for Ethereum to scale, I will show you a free way to get ANY Crypto Kitties without using Ethereum. Go to the Crypto Kitty market place and find any crypto kitty you want. Right Click the Crypto Kittys picture> Select Open Image in New Tab > Then Right Click and Save As. Thats it! Right Click > Save As > Open Image in NewTab You will be saving the SVG file version of the Crypto Kitty which you can open in any vector graphic software like Adobe Illustrator to customize your crypto kitty even further. Editing the Crypto Kitty because its anSVG Using the url from the first tutorial just change the SVGnumber. The ETH address in the url is the CryptoKitties contract address incase you were wondering. 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 >>

4 Ethereum Games That Could Pass Up Cryptokitties

4 Ethereum Games That Could Pass Up Cryptokitties

Original Article by Rachel OLeary Edited/Updated by CryptoClarified Indeed, earlier this week, more than $10 million in ether was documented to be circulating within ethereum games, according to data collected by DappRadar . If 2017 was the year of the ICOs on ethereum, 2018 is the year of the crypto games on ethereum, Iuri Matias, developer of ethereum dapps framework Embark, tweeted . Maybe it should be no surprise, since the items being traded have produced incredible price tags. For instance, the most expensive cats on CryptoKitties are currently worth 100,000 ETH per cat, or $93.4 million at todays prices. Simon Powell, developerof CryptoCountries, one of the games garnering a significant amount of attention, told CoinDesk: Were in the middle of the crypto gaming craze. And while CryptoKitties is was by far, the most successful game according to transaction count, it has markedly ebbed since its peak in December. Entering February, some alternatives are attracting higher volumes and the 1st could pass break Crypto Kitties records this month! Theres also a highly anticipated new release covered below that has the potential to break records of its own. So who will reign supreme? Here are the top-grossing games giving CryptoKitties a scare. CryptoClarified is proud to have covered the 1st couple articles on CryptoCountries , and game hasnt slowed its frenzied pace yet.. The slick interface and money-making potential of CryptoCountries puts it first in line as the top-grossing ethereum game today. Billed as offering world domination on the blockchain, the game allows users to purchase countries on a digital map in what amounts to a twist on the board game classic Risk. Should another user place a higher bid, the country then moves into their control, and the user that Continue reading >>

Council Post: Four Lessons From Cryptokitties On Achieving Virality

Council Post: Four Lessons From Cryptokitties On Achieving Virality

Four Lessons From CryptoKitties On Achieving Virality Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Head of Brand at Shapr , the free global networking app. Ill be upfront about one thing: Im not a cat person. That didnt stop me from spending almost $50 on a cartoon cat last week produced by CryptoKitties, a new game by Axiom Zen. CryptoKitties is one of the earliest attempts to gamify the blockchain by allowing users to buy, sell and sire (breed) one-of-a-kind virtual cats. Since its launch on November 28th, over $18 million has been exchanged in one month between enthusiasts eager to own their own digital cats. Cats range in price from a few dollars to over $100,000 for the rarest cats. The companys success has radiated beyond its own channels, causing a slowdown on the Ethereum network after producing 15% of all traffic on the Ethereum network in December. To better understand how CryptoKitties has been able to stand out in a crowded blockchain space and attract thousands of first-time Ethereum traders to its site, I spoke with Bryce Bladon, director of communications at Axiom Zen. Here are a few takeaways from the conversation: The idea for CryptoKitties started when the team rallied around making an accessible blockchain project. According to Bladon, the blockchain space was becoming pretty crowded with companies that were using super technical language and making the technology overly complex to understand. A lot of people were doing the same thing in the space because they wanted to duplicate what others were doing, explains Bladon. At the end of the day, the companies were putting up barriers and making the technology inaccessible. We wanted to do things differently. Their solution was to build the t Continue reading >>

How To Buy A Cryptokitty: The Complete Guide + Dna Sequencing

How To Buy A Cryptokitty: The Complete Guide + Dna Sequencing

How To Buy a Cryptokitty: The Complete Guide + DNA Sequencing my first cryptokitty, First Parent ofDracula Yesterday I purchased my first cryptokitty on the Ethereum blockchain. Professional Mad Scientist! Thats mykitty! I dont consider myself to be the type of person who gets completely swept away by new internet fads, but when my friend told me yesterday that she made $80 by breeding her cryptokitty (and still retaining ownership), I was seized by the idea that I could earn passive income while I pimped out my virtual cats. So far, Ive earned $2.20 by pimping out my first kitty, First Parent of Dracula. This amount is really low, due mostly to me underbidding my kittys reproductive talents. Im not going to tell you how much I paid for my cryptokitty. I bought Ether early this year and paid about $70 for 1 ETH. Now 1 ETH is worth $450. Lets just say I spent way too much for my very first cryptokitty. I bought mine based on three facts: 1. My cat gave birth to a Dracula. 2. My friend who bought one two days ago told me she made $80 by breeding hers. 3. I love SalvadorDali. I wrote this complete guide after many people on Twitter were begging for answers. Heres my kitty and its name is First Parent of Dracula. Cryptokitties are like snails, meaning that all of them can get pregnant. Theres no male nor female. I made mine into an animated GIF using the free tool, Giphy. Step 1: Install the MetaMask Chrome extension: MetaMask is the most noob-friendly way to connect to the Ethereum blockchain. MetaMask is a digital wallet that allows you to sign smart contracts and transactions. If youre new to MetaMask, please watch this intro video to getstarted: Heres an example of a difficult password: Troy!Tupee$Live67M2stlaughTerry987 pro tip: make your password very difficult and d Continue reading >>

Learn How To Master Cryptokitties

Learn How To Master Cryptokitties

Every product here is independently selected by Mashable journalists. If you buy something featured, we may earn an affiliate commission which helps support our work. You've heard there's a new kitty-related crypto fad in town, and you want in on the action. This is exactly what you're looking for. In this article, we'll explain how to play CryptoKitties , the game that's taking the world by storm (and earning some people a fair amount of money). SEE ALSO: Cryptokitties is Ethereum's hit game, but it's threatening the entire network CryptoKitties is a digital goods trading game that lives on the Ethereum blockchain. It lets you purchase, trade, and breed digital kittens. The game has no straightforward "goal" you can simply buy a digital kitten, and it will eternally be yours due to the nature of blockchain technology. However, kittens come with different visual features, called traits, and some of these traits are rarer than others. Naturally, most users are trying to breed rare cats, not only because they look cool, but also because they can be very expensive; one particularly rare cat was recently sold for more than a hundred thousand dollars. In fact, the total kitten sales so far are around $3 million dollars ; pretty impressive given the game launched last week. Before we go on any further, please note that this game requires ether (the currency of Ethereum) to play, which can be converted into real money, and that it can get expensive fast (though it can also be lucrative if you play your kittens right). It also resembles a bit of a pyramid structure, meaning that early adopters were able to buy rare kittens cheaper than you probably will be able to. Finally, the game is currently putting quite a strain on Ethereum's network, and if this becomes a serious proble Continue reading >>

Cryptokitties: The Blockchain Can Be Gamified Too

Cryptokitties: The Blockchain Can Be Gamified Too

CryptoKitties: The blockchain can be gamified too TechRepublic's Dan Patterson and Brandon Vigliarolo talk about a new online collecting game that uses the Etherium blockchain to produce randomized, breedable digital cats. TechRepublic writers Dan Patterson and Brandon Vigliarolo are both interested in a new application of the blockchain: gaming. SEE: Quick glossary: Blockchain (Tech Pro Research) As Dan Patterson points out, the most important thing for businesses to take away from CryptoKitties is the personal ownership element of the assets each player has. It might be digital cats now, but the blockchain technology used in CryptoKitties is a way to give internet users identity-based control over digital assets, instead of account-based control, which can be taken away by the company that controls the account. CryptoKitties is just one more way that Etherium is proving itself as a cryptocurrency that has more applications than just money: It's showing that decentralized ownership and control of code and assets may be the future of computing technology. Learn more about the blockchain and its myriad uses by subscribing to our Next Big Thing newsletter. Continue reading >>

How To Make Money With Cryptokitties?

How To Make Money With Cryptokitties?

artjoker blog your guide for reaching success Without a doubt kittens have a great influence on the Internet and lots of the users of the world web adore them because of being nice and cute. However, could you imagine, what a powerful cocktail you may have in the end if you would try to combine two superpowers of the Internet, kittens and cryptocurrency. Such an idea have blew up the world web a few time ago and today we are going to find out, what are actually CryptoKittiesand how you can use them in order to earn money. Yes, you are right, from 2017 and on you have an opportunity to make money on kittens. However, everything is not so simple as you may think. Before starting your business career you would better deal with the most essential features of the existing system. Read also: How to Create a Website for the Cryptocurrency ICO? To be honest, the entire concept of CryptoKittiesis as easy as pie. That is first of all, a game. The whole structure of which is focused on breeding cats and getting the most rare breeds of them, which are only possible. In other words, you use a digital virtual kitten and make more kittens, while meeting other cats. You may ask, what is the point of getting rare breeds of the kittens. The answer is simple. You are able to make money on them, while selling the virtual kids of your pet. And, I am not joking, several days ago, one of the kittens was sold for $37.000. Sounds unbelievable. However, the system of CryptoKittiesis a sort of a mode of the international market, where you can make money from absolutely nothing. Well, let us get a bit dipper inside the system and figure out, how to start making money. Read also: What to Do if You Have an App Idea? The process of the involvement into the system is not really complicated. However, 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 >>

Free Cryptokitties Generator

Free Cryptokitties Generator

Home Entertainment Free CryptoKitties Generator Using APKPure App to upgrade Free CryptoKitties Generator, fast, free and save your internet data. The description of Free CryptoKitties Generator Free CryptoKitties Generator is one of the world's first CryptoKitties games which lets you collect and breed digital Crypto Kitties! Just run the generator to get rare CryptoKitties. Their cattributes are color coded, that allows you to get free crypto kitties. When you get a free CryptoKitty from the generator, you truly own it and can share it with your friends. Free Crypto Kitties Generator is an unique app on the CryptoKitties marketplace and you will love it for sure. You will look at rare CryptoKitties and see the real potential of your Crypto Kitties, so you will sell CryptoKitties fast for the good money at CryptoKitties marketplace. You can create free CryptoKitties from any family trees with this CryptoKitties app. - Create rare Kitties in the CryptoKitties app! - New, faster Crypto Kitties Generator engine - Save your new CryptoKitties to your device - Share your rare Crypto Kitties with your friends online - Post all your unique CryptoKitties to your social media accounts for free Sure you want to get free Crypto Kitties, but what are your fancy CryptoKitties price will be? Who will buy CryptoKitties from you? CryptoKitties game will help you to find it out. In the next update you will be able to breed two rare CryptoKitties to create new unique Crypto Kitties! Requires Android: Android 4.0+ (Ice Cream Sandwich, API 14) Signature: de8f3f7c6c0c6b6a82b0c8b271d1be448a7a1abc Continue reading >>

Kittyrace Is The New Craze Among Cryptokitties Owners Quartz

Kittyrace Is The New Craze Among Cryptokitties Owners Quartz

The CrypoKitties game took the ethereum world by storm last December, as eager players bought and sold the cutesy virtual creatures for tens of thousands of dollars. The cartoon cats were really just representations of digital tokens on the ethereum blockchain, meaning they could exist independently of their creators, the Canadian studio Axiom Zen. The fact that CryptoKitties exist independently on a blockchain also means that any developer is free to write programs for them. Thats just what one firm has done with a game called KittyRace . Holders of CryptoKitties enter their pets to race against others, set against a thumping soundtrack of TRON-esque electronic music. Competitors must pay an entry feein ether, naturallyto participate. The race is won by the cat that possesses certain desirable traits (cattributes), the timing of its entry to the race course, and an element of chance. The winning cat takes the pot of entry fees as a reward after some is deducted for ethereums miners, who supply the computational resources to run the app. The remarkable thing about KittyRace is that its creators have nothing to do with Axiom Zen, apart from being CryptoKitties fans. No royalties or licensing fees are paid, and no partnerships were struck. We didnt speak with Axiom Zen prior to building KittyRace, says Charley Hine, who runs KittyRaces maker, a firm called Endless Nameless, with Eugene Otto. This sort of permissionless development, in crypto parlance, underlines the benefits of blockchain-based assets. With no central authority controlling property rights, developers are free to create new activities for CryptoKitty owners. KittyRace is currently played on a web browser; players must install an ethereum wallet, such as MetaMask, to access it. Go to KittyRaces website wit Continue reading >>

Ethereum Price Achieves New All-time High At $518, Cryptokitties Effect?

Ethereum Price Achieves New All-time High At $518, Cryptokitties Effect?

Ethereum Price Achieves New All-Time High at $518, CryptoKitties Effect? Join our community of 10 000 traders on Hacked.com for just $39 per month. Ethereum price has achieved a new all-time high at $518, surpassing its previous all-time high established on November 29, at $514. According to leading cryptocurrency market data providers CryptoCompare and CoinMarketCap, the vast majority of recent trades were processed in the US cryptocurrency and Ethereum exchange markets. Currently, the US market accounts for more than 33.71 percent of global bitcoin trades. For many months, the South Korean market remained as the leading Ethereum exchange market, often accounting for at least 30 percent of global Ethereum trades. Recently however, the US market overtook the South Korean market, with GDAX, the flagship cryptocurrency exchange of Coinbase, processing most of the Ethereum trades in the global market. From September to the end of November, the price of Ether has not made major movements, mostly because the impact the ban on initial coin offerings (ICOs) by the Chinese government had on the local Ethereum market and the rapid increase in the value of bitcoin. In early December, the price of Ether started to record small gains, triggered by the communitys excitement on the developer activities around the Ethereum blockchain network. Most recently, Ethereum-based decentralized application (dapp) CryptoKitties gained massive success. The smart contract of CryptoKitties has accounted for nearly 14 percent of the entire Ethereum networks transaction volume, which is higher than the transaction volume of all other cryptocurrencies in the market combined, including bitcoin. While many members of the cryptocurrency community dismissed CryptoKitties as a simple collectibles-based g Continue reading >>

I Bred 'crypto Kitties' On The Ethereum Blockchain

I Bred 'crypto Kitties' On The Ethereum Blockchain

I Bred 'Crypto Kitties' on the Ethereum Blockchain CryptoKitties wants to make blockchain tech fun. Trying to explain Ethereum to someone who is unfamiliar with the topic is a bit like administering anesthesia. You start by explaining a blockchain and their eyes slowly glaze over. By the time you've gotten to smart contracts and ICOs , they're slack jawed and drooling all over the place. When you're finished and they regain consciousness, they won't remember a thing. This is all to say that learning about and using Ethereummost succinctly described as a distributed computing platform based on a public ledgercan be unbelievably dull. In a bid to make blockchain technology fun, a Canadian tech company called Axiom Zen has created CryptoKitties , a game where players breed and trade cats using smart contracts on the Ethereum blockchain. "Kitties should be a part of this revolution of bringing blockchain technology to the masses," Benny Giang, a product manager at Axiom Zen told me in an email. "So many great companies are building awesome technology that the world won't care about or understand. We're the flag bearer for the rest of this ecosystem in terms of getting celebrities to associate with kitties and the Ethereum network." A test version of CryptoKitties was unveiled last weekend at ETH Waterloo, the largest Ethereum hackathon in the world. It was accompanied by a breeding competition that challenged participants to breed digital kittens with certain physical traits and rewarded breeders with real Ether (the digital money that powers apps on the Ethereum network). As a cat-lover with an interest in Ethereum , when I heard about the project I thought I'd try my hand at breeding a few crypto kitties of my own. CryptoKitties will be officially released on November 1, Continue reading >>

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