What is CryptoKitties (NFT)?

CryptoKitties, a digital trading game on the cryptocurrency platform Ethereum, was one of the original NFTs, allowing people to purchase and sell virtual cats that were both unique and stored on the blockchain. So why is the NFT phenomenon taking off now?

What makes CryptoKitties special?

What makes CryptoKitties special — and valuable — is that they are built on non-fungible tokens, better known as NFTs. Non-fungible simply means that unlike Ether or other tokens using the ERC-20 standard, one token is not like every other. NFTs are built on a different standard, ERC-721, where each token is unique.

Can two CryptoKitties be bred together?

Two CryptoKitties can be “bred” together – each CryptoKitty NFT embodies a 256-bit “genome” that can pass on its traits. CryptoKitties plans to migrate to its own dedicated blockchain on the Flow network, enabling greater functionality and lowering transaction costs. CryptoKitties are non-fungible tokens (NFTs) of unique digital cats.

Will CryptoKitties migrate to a dedicated blockchain?

CryptoKitties plans to migrate to its own dedicated blockchain on the Flow network, enabling greater functionality and lowering transaction costs. CryptoKitties are non-fungible tokens (NFTs) of unique digital cats. Minted on the Ethereum blockchain, CryptoKitties emerged as one of the world’s first and most widely recognized blockchain games.