I have a loose acquaintance that made $200k USD off of cryptokitties. Absolute insanity. Wondering if that was a one-time thing or people will start going wild for blockchain-based digital collectibles...
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The concepts are great, and are a good way to help bring crypto to the mainstream public if they do it right. The only people making anything in Kittyland were those who had liquid ETH to jump in the first week and understood how to trade with gas/fees etc. The average user coming in later got stuck with a flood of late generation tokens (Kitties) that have lost so much value in the last month they would be sold at a loss.
Hopefully, each new collectible-style game will nudge closer to a level buy-in playing field and be easier to use for the average person.
Yeah, 100%. Pretty wild. I'm waiting for the crypto Pokemon ;)
Yep, it's interesting. I will give them each a try and see how they all work compared to each other.