When CryptoKitties burst onto the scene back in November 2017, we had our first taste of load-testing a blockchain solution at scale. Congestion spiked, and we saw glimpses of how far away we were from mass adoption being a realistic achievement. After setting about increasing “birthing fees,” in search of a better solution, the game continued to prove popular with both collectors and breeders and ignited the imaginations of countless developers and gaming communities.
By taking a nonfungible token and attaching it to a regular video game, we introduce a basic economy that differs from the existing model of in-game “soft gold.” The NFT is a record of ownership, is transferable, and, in some instances, can be swapped for other fungible cryptocurrencies and fiat currencies.
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