Cryptocurrency’s new avatar: CryptoKitties from Axiom Zen top Ethereum transactionssteemCreated with Sketch.

in cryptocurrency •  7 years ago 

Are you bored with cryptocurrency mining or dealing with dreary digital coins? Then CryptoKitties, the new cryptocurrency game on the Ethereum blockchain launched by Axiom Zen should pique your interest.

Cryptocurrencies are basically virtual properties that use blockchain’s shared ledger technology to decentralize control. It’s mostly a self-regulated market, and most cryptocurrencies are not backed by securities.

The basic concept can be applied to any digital property, even animated cats. And Axiom has proved YouTube’s long-standing claim that cute cats can make you tons of money. In just the few days since their launch, CryptoKitties are already at the top of the Ethereum network, now making up 10 percent of all transactions.

For more on how CryptoKitties works, watch this video:

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