The internet’s fascination with cats is well known, but now it appears that this fascination is spreading and expanding over into blockchain technology, too. At least, that’s what Arthur Camara is saying.
\r\nFounder of ‘Cryptokitties’, Camara is dedicated to bringing a gaming aspect to blockchain technology. Launched in November, Cryptokitties utilises the ethereum network, enabling users to trade digital felines in a similar way to buying and selling cryptocurrency, resulting in an all new blockchain experience.
\r\nThe ultimate aim of Cryptokitties, according to Camara, is to highlight the versatility of valuable blockchain technology and move away from the somewhat exclusive focus on cryptocurrencies.
\r\nWithin the first few days following launch, Cryptokitties transactions accounted for around 20 percent of all transactions taking place over the ethereum network.
\r\nTo date, Cryptokitties boasts more than 150,000 registered users, more than 260,000 cats, and has seen more than $15m worth of transactions. A mobile app is scheduled for Spring 2018, with new token offerings ceasing in November, 1 year following launch.
\r\nCamara hopes that the ongoing and continued success of Cryptokitties will demonstrate how blockchain technology can be used in various ways across multiple sectors, resulting in widespread adoption.
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