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Ethereum-based game about kittens becomes a local meme

04 December 2017 21:00, UTC

Everybody is aware that cats are popular on the Internet — and what about another revolutionary net technology called blockchain? Turns out that the Ethereum environment which the Cryptokitties app uses is no different.

Another reason of the application’s success — most cryptocurrency enthusiasts have visibly become tired of smug press releases on how another technology is going to revolutionize bank transactions. And by the way, at the peak of its popularity, the app took 11% of all Ethereum transactions.

The game developers tell they made this entertaining app deliberately, to show how modern ICOs and other over-advertised projects with no real value look. “Blockchain technology could be the biggest technology revolution since the Internet, but opportunists, investment froth, and a lack of consideration for everyday consumers is distracting folks from the technology's long-term potential”, explains Elsa Wilk, Marketing Director of the app.

If the ICO and cryptoinvestments problems are so strong that people started to develop applications to attract everybody’s attention to them, then the upcoming ICO transformation Vitalik Buterin talked about is near. However, before this occurs, there is going to be an initial coin offerings’ market collapse.