Why people are buying cartoon cats on the blockchain

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  • Published on:  Thursday, May 24, 2018
  • Forget cryptocurrencies. These are cryptocollectibles.Subscribe to our channel! http://goo.gl/0bsAjOEvery time you send something on the internet, it’s a copy. But using new technology, can we make digital goods that are... rare? That’s the question behind CryptoKitties, a new game to buy, breed, and sell digital cats on the blockchain. These cats are more similar to real-world collectibles like beanie babies or baseball cards than they are to cryptocurrencies like Bitcoin or Ethereum. In just the last few months, a whole community of third party sites and services has formed around CryptoKitties. And fans have spent more than $23 million playing along. All of this is made possible by the clever and surprising code behind the game. Vox.com is a news website that helps you cut through the noise and understand what's really driving the events in the headlines. Check out http://www.vox.com.Watch our full video catalog: http://goo.gl/IZONyEFollow Vox on Facebook: http://goo.gl/U2g06oOr Twitter: http://goo.gl/XFrZ5H
  • Source: https://youtu.be/jGfvkjzLrNw
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Comment

  • Vox

     1 years ago

    Watch the Verge video on prescription gaming, that Cleo mentions at the end, right here: http://bit.ly/2kld1op

  • Gabriel Lundberg

     11 months ago

    Look at steams community market for this pattern which has been going on for basically a century.

  • Zuzu

     1 years ago

    What new pokemon game is this

  • Mr Oof

     5 months ago

    I think its called Pokemon: generation 0

  • EE Hm

     11 months ago

    I see you in like every comment section i browse through

  • Baked Potonion

     a years ago

    *over priced adoptables*

  • uncle ben

     1 years ago

    not sure if i'm more impressed by the creators or disappointed by the consumers...

  • Zzues

     2 months ago

    What is your hobby and how much do you spend on it annually?

  • Jonathan

     11 months ago

    You should be just compare them to skins

  • Darren D. MacDonald

     1 years ago

    Or... I can draw my own cat... It's completely unique, I can make it however I want and I spent nothing... Top that Neopets2018....

  • Some Random Fellow

     a months ago

    @Trader Jedi Who cares who owns it? In the end it's just a picture anyways.

  • Glenn Wilkinson

     9 months ago

    People could draw their own baseball cards, but that’s not the draw (pun very much intended).

  • Dragon Artz Studios

     1 years ago

    Yo. Artists have been doing something like this for years. These are just glorified adoptables/breedables. I find it funny when someone does something that literally a bunch of people have done before and then all of the sudden it's new and innovative. There are no use for these. At least with most adoptables you can use the character and not waist a bunch of money on em. A lot are relatively cheap for what you're actually getting.

  • Astral'o Pithecus

     1 months ago

    This is not new or innovative. This is not art; It's just a very elaborate pyramidal scheme!!Kryptokitties and all the other Ethereum games/collectibles are giving crypto a bad name!!!

  • Sunny H.

     2 months ago

    I immediately thought the same thing! I was just like, these are adoptables but more expensive. And well, I'd rather have the artist adopts since they're much more unique!

  • Cannon Mabray

     1 years ago

    “Digital scarcity is brand new” Tell that to the people trading and selling items on steam for years and years, like rare counter strike skins.

  • Jaydon K

     11 months ago

    Thecontrodude proversial tell that to website designers who make custom CSS feature/designs

  • Thaeros the Dragon

     12 months ago

    Or tf2 hats…

  • VoB

     1 years ago

    I am definitely not from this planet.

  • D. A.

     3 months ago

    @Trader Jedi its an image anyone can copy dumbass. lmao what a tard

  • SaltedSaltr

     12 months ago

    Trader Jedi “99%”

  • paraki-la

     1 years ago

    deviantart adoptables

  • Astral'o Pithecus

     1 months ago

    No, it's an elaborate scam! Differently from Bitcoin, Monero and so on...

  • Alrakia serpent

     11 months ago

    Linda but Not reale because if you by an adobtable you own complete rights on the character Design but Here only a Code.

  • Jonathan Palmquist

     1 years ago

    She looks like a cross between Natalie Portman and Eleven from Stranger Things. They must have bred her on the blockchain.

  • Xoopa Xoopa

     1 years ago

    Nah she looks like Cleo Abram

  • Jonathan Palmquist

     1 years ago

    Christian B Yep, gotta spread the word. Plus I made this one before any of the others.