The result is a virtual game that CryptoKitties, which spun off into its own company in March, has compared to breedable Beanie Babies on the blockchain - collectibles that can be bought, sold and "sired" on the Ethereum network. "Let's put cats on the blockchain," Bladon recalled a fellow CryptoKitties co-founder saying.Īnd that, more or less, is what they did.
VANCOUVER - At first glance, CryptoKitties are googly-eyed virtual cats that come in an array of fanciful forms - from fluffy ninjas, to feline-duck hybrids.īut don't underestimate these collectible critters, because some CryptoKitties have commanded six figures on the virtual market, and the B.C.-based company behind the project says it's attracted more than US$12 million in investments.Īnd depending on whom you ask, the blockchain-based game is either a sign of where the digital economy is heading, or just another crypto-craze fuelled by the internet's cat obsession.įor Vancouver-based developer Axiom Zen, it all began with a simple idea, said CryptoKitties communications director Bryce Bladon.
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