This new coverage series gathers some of the best and latest news published this week about Non-Fungible Tokens and Crypto-Collectibles. Read our Press Review.
Sheila Warren is Head of blockchain tech at the World Economic Forum. So that’s why Dapper Labs team (founder of Crptokitties) turned her into a CryptoKitty 😺
This was done for fun but it is more than that: Sheila believes blockchain technology, and its application, can solve many things.
As you cannot imagine valuing a Lamborghini in yogurts, I do not think it makes sense to value/trade an NFT for another NFT.
Non-fungible tokens are different from fungible tokens or coins such as Bitcoin, Ethereum or other cryptocurrencies.
CryptoKitties spreads blockchain awareness and helps to gain public adoption.
Nate is a 8 years old boy host of the show “About Science”. In his last podcast he interviewed Dieter Shirley, the creator of CryptoKitties. He asked some interesting questions about creating games on the blockchain.
Consumers can develop understanding of and comfort with the process by which blockchain is used for transactions, along with the benefits of that technology (security, privacy, immutability, etc.) by playing the game. And as they become comfortable, the opportunity for businesses to use blockchain and cryptocurrencies in the B2C marketplace will increase.