Express
Ethereum NFT Game CryptoKitties Sees Activity Resurgence
Summary: According to data collected by The Block Research, an activity uptick taking place on CryptoKitties, the long-running collectibles game built on the Ethereum blockchain. Although the resurgence is nowhere near the network-clogging heights of 2017, when CryptoKitties experienced an explosion in popularity. The weekly data indicates that CryptoKitties is seeing more usage now than it ...
According to data collected by The Block Research, an activity uptick taking place on CryptoKitties, the long-running collectibles game built on the Ethereum blockchain. Although the resurgence is nowhere near the network-clogging heights of 2017, when CryptoKitties experienced an explosion in popularity. The weekly data indicates that CryptoKitties is seeing more usage now than it has since April 2019. Weekly trade volume data also illustrates the ramp in activity, reaching $1.83 million for the week starting February 28.
CryptoKitties is a blockchain game on Ethereum developed by Canadian studio Dapper Labs that allows players to purchase, collect, breed, and sell virtual cats. It is one of the earliest attempts to deploy blockchain technology for recreation and leisure. The game's popularity in December 2017 congested the Ethereum network, causing it to reach an all-time high in the number of transactions and slowing it down significantly.
by Sara Zhang
Tags: CryptoKitties,Ether (ETH),Ethereum,NFT
Link: Ethereum NFT Game CryptoKitties Sees Activity Resurgence [Copy]
