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“Crypto Kitty” artist, Hoke.....Ebay Auction....Starting Bid $10.................. ..........Original acrylic painting on recycled wood...Sept 12-19
https://www.ebay.com/sch/metrolux6/m.html?item=352460277645&rt=nc&_trksid=p2047675.l2562
How do crypto kitties work?
CryptoKitties is a decentralized, blockchain-based virtual game that allows players to purchase, collect, breed, and sell virtual cats. These virtual cats, or CryptoKitties, are unique digital assets that are stored on the Ethereum blockchain, which makes them one-of-a-kind and unable to be replicated or duplicated.
Here's how CryptoKitties work:
Purchase a CryptoKitty: To get started with CryptoKitties, you'll need to purchase one using Ethereum. You can purchase a CryptoKitty from the game's marketplace or through a breeding process, where two CryptoKitties can be combined to create a new, unique kitty.
Own and store your CryptoKitty: Each CryptoKitty is unique and stored on the Ethereum blockchain as a non-fungible token (NFT). This means that the ownership of the CryptoKitty is recorded on the blockchain and can't be replicated or duplicated. You can store your CryptoKitty in a digital wallet that supports NFTs, such as MetaMask or MyEtherWallet.
Breed your CryptoKitty: CryptoKitties can be bred with other CryptoKitties to create a new, unique kitty. The traits of the offspring are determined by the genes of the parent CryptoKitties. There is a breeding cooldown period after each breeding process, and the breeding process costs a small amount of Ethereum.
Sell or trade your CryptoKitty: Once you own a CryptoKitty, you can choose to sell it or trade it with other players. The value of a CryptoKitty is determined by its rarity and uniqueness, and it can be sold for a higher or lower price than its original purchase price, just like any other collectible.
CryptoKitties is one of the earliest examples of a blockchain-based game and has popularized the concept of NFTs and blockchain gaming. While CryptoKitties is just a virtual game, it demonstrates how blockchain technology can be used to create unique, collectible digital assets that can be traded and sold just like physical collectibles.Read More
