Flutterby™! : Crypto Kitties

Crypto Kitties

2017-12-04 23:05:29.017415+00 by Dan Lyke 2 comments

11% of Traffic on the Ethereum Blockchain Is Being Used to Breed Digital Cats. The application is Crypto Kitties, tamagotchi for this generation, but there seems to be a lot of speculation, so it's also digital Beanie Babies.

Addendum: CryptoKitties birthing fees increases in order to accommodate demand

[ related topics: Cryptography ]

comments in ascending chronological order (reverse):

#Comment Re: Crypto Kitties made: 2017-12-04 23:49:59.701182+00 by: TheSHAD0W

"We now have people using Ether, an asset with arguably little tangible utility to purchase an asset with unarguably zero tangible utility."

It's a game. It's entertainment. People spend assets on entertainment all the time. That's its utility.

#Comment Re: Crypto Kitties made: 2017-12-05 19:44:21.727296+00 by: Dan Lyke

Yeah, "utility" is such a nebulous term in economics (like "work"), that's kind of a bullshit statement: Pixar rendering kind of falls in the same place.

Add your own comment:

(If anyone ever actually uses Webmention/indie-action to post here, please email me)

Format with:

(You should probably use "Text" mode: URLs will be mostly recognized and linked, _underscore quoted_ text is looked up in a glossary, _underscore quoted_ (http://xyz.pdq) becomes a link, without the link in the parenthesis it becomes a <cite> tag. All <cite>ed text will point to the Flutterby knowledge base. Two enters (ie: a blank line) gets you a new paragraph, special treatment for paragraphs that are manually indented or start with "#" (as in "#include" or "#!/usr/bin/perl"), "/* " or ">" (as in a quoted message) or look like lists, or within a paragraph you can use a number of HTML tags:

p, img, br, hr, a, sub, sup, tt, i, b, h1, h2, h3, h4, h5, h6, cite, em, strong, code, samp, kbd, pre, blockquote, address, ol, dl, ul, dt, dd, li, dir, menu, table, tr, td, th

Comment policy

We will not edit your comments. However, we may delete your comments, or cause them to be hidden behind another link, if we feel they detract from the conversation. Commercial plugs are fine, if they are relevant to the conversation, and if you don't try to pretend to be a consumer. Annoying endorsements will be deleted if you're lucky, if you're not a whole bunch of people smarter and more articulate than you will ridicule you, and we will leave such ridicule in place.

Flutterby™ is a trademark claimed by

Dan Lyke

for the web publications at www.flutterby.com and www.flutterby.net.