Do you remember cryptokitties, blockchain-based games that were phenomenal. Let’s take a look back at this game, Cryptokitties is a virtual block based game that allows players to adopt, raise and trade virtual cats. The game was created by Vancouver-based blockchain company Axiom Zen. However, what is very important to remember is that this is the first known DAPP application for recreation and recreation.
Cryptokitties sales have peaked. People have spent over twelve million dollars buying these cryptokitties. There are even reports of people making more money trading cyptokitties than investing in their IRA!
In late November 2017, design studio Axiom Zen launched CryptoKitties, a Pokemon-style game built on the Ethereum blockchain network. There, you can buy and collect virtual cats, and breed them with the hope of creating new cats with special attributes. The presentation may be said to be familiar, but every transaction there uses cryptocurrency.
Every digital cat on CryptoKitties belongs to the user completely. They are only one in the whole game; cannot be duplicated, taken by others, or destroyed. The most special aspect of the game is its breeding system: when two cats “get along,” the cubs are completely unique – including in appearance, biography and characteristics.
Kittens’ unique features are the result of their mother’s 256-bit genome, resulting in about four billion different genetic variations. Then why a cat? On its website, Axiom Zen explains jokingly: “Because cats are so hard to understand. They are the ambassadors of Pharaoh, appearing in memes and on your mother’s Facebook page. Cats never discriminate, because they hate every human being fairly. ”
This game comes with 100″ Founder Kitties “. There’s also a new ‘Gen 0’ cat that is released every 15 minutes, presented at an average price of five sold plus a 50 percent discount. The price will continue to fall in 24 hours until someone buys it. Players can also sell their cats through auctions. You are welcome to set the starting and ending prices with the digital currency ETH (ether, cryptocurrency Ethereum).
So suppose I choose a starting price of 1 ETH and an ending price of 0 ETH, then someone buys it within 12 hours of the auction starting, he pays me 0.5 ETH.
To breed them, you can specify the number of ether so that other players can breed their cats with our digital pets, and furthermore, they are eligible to have kittens. Alternatively, you can pay ether to pair her with another cat and get her kitten.
About kittieFIGHT
KittieFight is Mortal Kombat for Cryptokitties. In the game kittieFIGHT, ETH & KTY tokens are given out and shared among the winning group / coalition of fighting matches using special battle kittie avatars originating from the Cryptokitties platform. There is an Eth & KTY token jackpot to win in every game. All participants in the game have a 50% chance of being on the winning side. This is also an experiment in group psychology with two opposing coalition groups at odds with each other over large sums of money. You can read more about it in the whitepaper here: https://www.kittiefight.io/whitepaper
The tools needed to play
MetamaskKTY token (Rinkeby)Ether (Rinkeby)
Kittiefight on the Rinkeby Ethereum Testnet
Go to https://metamask.io/ and install metamask for chrome or Firefox. Create a password and seed, then select and maintain an Ethereum address for in-game use. The KittieFIGHT smart contract is currently being used to the Rinkeby testnet, so make sure your metamask wallet is set to Rinkeby.KittieFIGHTKitty fight is a game where cats / kittens fight each other based on crowd-based action. Just like how a cheering crowd at a boxing match motivates boxers to box, in the case of kittyFight, the crowd is betting on every cat they support, causing their cat to become another opponent. The people / crowd chooses which cats to bet on, resulting in action on the side of the chosen cat. The actions are random bets placed on the blockchain. The result of the bet of each crowd participant causes the event to be emitted from the blockchain api service to the front-end / UX resulting in kitty animation (punching, scratching, etc.). The action results in reflected damage to the opposing cat through vibrations and / or shocks or blocks.
If there is no action for 10 seconds [No event is emitted from the blockchain for 10 seconds], there is a simulated action called “silent action-with sound and reaction” which each cat takes in turn. Basically, during the idling cycle, the cat shadows squares at each other, and avoids the action / punches with a slight crouch, but keeps the interactivity and continuity of the game going, to keep the game fun without any actual damage. The winner of this game is the cat that takes the least damage.KittieFIGHT adds utility for Cryptokitties users and reduces the excess supply of cats on the Cryptokitties platform. This is also an interesting experiment in gamified demand in the Token economy using a utility ERC 2O token called KTY, which is tightly integrated with UNISWAP AMM. KTY has various costs and expenses for game participation, without the need for users to hold KTY directly.Combat MMO game for Cryptokitties users.A jackpot game supported by the Lending Protocol.Players push the battle by betting ETH.The game generates 10 times the initial ETH jackpot.Economy of KTY Gamified Token demand with UNISWAP AMM.Decentralized Governance using Aragon DAO.Weekly results for lenders, DAO shareholders and match winners.UNSTOPPING, PROVEN fair and TRANSPARENT Ethereum Dapp.How does it work ??
KTY Dutch auction.The Dutch KTY auction is an initial KTY distribution prior to the launch of Kittiefight Volcano Yield Farming which incentivizes on-chain liquidity. Users can set a price from KTY by submitting a bid during the 4 week offer period. Users can then receive + 200% more KTY and SDAO utility tokens to provide KTY and WETH, ANT, yDAI, yYFI, yyCRV, yaLink, aLend, aSNX, yETH, aYfi, 2key, GNO, but liquidity at Uniswap takes advantage of the + $ potential 1.7 Strength of B USD worth of governance without risk of non-permanent loss. Learn more .Dutch auction.The Dutch auction is an auction in which a set of tokens is put up for sale to the public using a process that allows the buyer to determine the token price. The process works like this:
Dutch auction tutorial.
ADSStart dateExpiration DatePrices startMinimum priceThe number of tokens to be soldTokens for saleImagine that a rare resource pool consisting of 100 tokens will be sold at a starting price of $ 10 each and a minimum price of $ 1, with the price gradually decreasing every second towards the $ 1 mark and over the specified auction time duration.The bidder sends a bid at a specified time and price point. The bid represents the total money a buyer is willing to pay for an allocated number of tokens at a specific price point during a specific time in the auction duration.Some people may buy tokens for a very initial $ 7 or $ 5. $ 4, most for $ 3 and tokens selling for $ 2.5. The interesting thing is that everyone can pay $ 2.5 per token, balancing first-mover profits with a democratic price allocation. This auction process makes it a fair way to make sure everyone who really wants the limited available tokens gets it and everyone is happy with the price. KTY tokens will be distributed in a fair manner described above enabling early holders to acquire our tokens for use in the KTY Volcano yield mining program to earn more KTY and SDAO tokens as the main KittieFIGHT lending and gaming protocols roll out to the Ethereum Main network.Agricultural Products KTY. Agricultural Products Volcano FaucetKittieFIGHTdistributing KTY and SDAO tokens to Yield Farmers who provide liquidity at Uniswap V2 while staking uniswap liquidity pool tokens in Volcano agricultural contracts. The more liquidity you provide, and the longer, more than the 6 month program duration, the larger the share of the KTY and SDAO token pool you receive. 7% (or 7,000,000) of the total fixed KTY token supply and 7% (or 7,000,000) of the total SDAO token supply remains allocated for the program duration of 6 months. 10% (700,000 KTY & 700,000 SDAO) of program allocation is awarded automatically to yield farmers who participated in the first 7 days of launching the volcano program, and as long as they continue until the end of the program duration.#DeFi #Gaming #blockchain #YieldFarming #DeFi # ERC20 #Ethereum #DutchAuction #Uniswap #cryptocurrency #mmorg #NFTs #DAOAbout the KTY Gamified token.KTY Token Utility.KittieFIGHT DAO tokens and ETHER prizes.
Project Links
ANN Thread: https://bitcointalk.org/index.php?topic=5276851.new#new
WEBSITE: https://www.kittiefight.io/
WHITEPAPER: https://www.kittiefight.io/whitepaper
FACEBOOK: https://www.facebook.com/KittieFight-110975747423209
TWITTER: https://twitter.com/kittiefightHQ
REDDIT: https://www.reddit.com/r/kittiefight/
TELEGRAM: https://t.me/Kittiefight_ANN
TELEGRAM: https://t.me/KittieFIGHT_DeFi
LINKEDIN: https://www.linkedin.com/company/kittiefight/
DISCORD: https://discord.com/invite/rgQ5F3R
Author
Bitcointalk Username: vikrant93
Bitcointalk Profile link: https://bitcointalk.org/index.php?action=profile;u=2853620