The popularity of the CryptoKitties NFTs has also attracted high-profile celebrity collaborations. This genome mechanism allows nearly four billion unique CryptoKitties to be minted from the parent CryptoKitties.

The unique characteristics of each CryptoKitty are derived from a combination of the cattributes of its parents. Not only that, the demand for CryptoKitties NFTs can be partly credited to the 256-bit DNA sequence assigned to each. When this event occurred, at the peak of the 2017 bull-run cycle, it emphasized the scalability challenges of the Ethereum network and threatened to exclude other decentralized blockchain-based application startups. The increase in volume caused a significant drop in transaction speed and an increase in gas rates across the entire Ethereum network. At one point, it accounted for 25% of the volume of transactions on the network. Interest in CryptoKitties has been so great since its inception that it has created an estimated six-fold increase in the number of Ethereum transactions. In fact, the early days of the collection’s release and sales are now something of a crypto legend. CryptoKitties: what are the famous NFTs?Īs one of the first and most popular NFT projects, CryptoKitties introduced blockchain technology to thousands of early users, players, traders, and collectors.

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