CryptoKitties or CryptoCatastrophe? Breedable Beanie Babies Go Viral and Cause Massive Delays on Ethereum Blockchain. Are Blockchain Virtual Goods the Next Big Thing for Gamers?
Summary
Back to Newsroom Since its launch only a week ago, CryptoKitties players have already spent over $10M on the virtual goods craze, causing unprecedented delays in the Ethereum network.NEW YORK, December 10, 2017 (Newswire.com) - No one could have foreseen the meteoric rise of CryptoKitties, the viral trading game launched earlier this week by Vancouver/San Fransisco based AxiomZen.More importantly proving undoubtedly that a business model centered around collectible and marketable virtual items is a strong proponent for mainstream adoption of blockchain technology.Since the earliest social networks, virtual goods have played a critical role in shaping the behaviors and business models behind many of today’s major trends in online engagement.Gizer is currently in open beta on iOS and Android and readers interested in getting involved can only purchase GZR for the next 24 hours on their official website.