CryptoKitties is a game that allows users to buy, sell, feed, and mate virtual cats. Players use an ether, a crypto currency, to do this.
The New York Times reported that since the day the game was released, it has reached 180,000 users and that the ethers that these people spend on virtual pheasys are worth $ 20 million.
The developer of the game, Mack Flavelle, states that the cat's are not worth any change and that people are taking them as an investment for their future: "You can not get coffee with ether, but you can buy a virtual cat."
Developed by US-based AxiomZen, the game only allowed $ 1.3 million in money transfers in a week. So much so that some virtual cats can cost up to 22,500 dollars. The number of virtual cats sold to date is over 20.
Although the value of crypto money seems to be in a steady increase, the number of institutions and institutions that accept these amounts continues to be on the spot. They have 180 thousand crypto moneys, which they can use their digital wealth, and they intend to overcome this fact by investing in the virtual cats.
At the beginning of December, ether transfers for CryptoKitties accounted for 10 percent of the processing capacity of the Ethereum block chain.