Stephen Curry Inks Deal to Release his own CryptoKitties.

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NBA superstar Sstephen Curry has a deal that will make him the first celebrity to get a CryptoKitty treatment. It was a partnership with Moji (Curry's emoji app development company) to release the GSW point guard a series of three exclusive CryptoKitties modeled after his likeness.

“Stephen is the perfect partner to try out this new kind of Kitty,” “He’s an incredible athlete, but also has a deep interest in technology and innovation.”
- said Mack Flavelle, co-founder of CryptoKitties

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The named of Curry's CryptoKitties are "Steph Fur Three", "Chef Furry", and "#30 Furry". Steph Fur Three was named because obviously the man loved to shoot three points in basketball. Chef Furry named because his wife loves celebrity chef and the last name from his jersey number in GSW.

CryptoKitties allows users to buy, sell, and breed digital cats, and it runs on the Ethereum blockchain as a decentralized application (DApp). Cats are structured as ERC-721 tokens, which are non-fungible and built to represent unique assets.

We may wonder what is a CryptoKitties all about and how it will run on the blockchain. Here are some information that could help us understand about CryptoKitties.

What are CryptoKitties?

CryptoKitties is a blockchain based virtual game developed by Axiom Zen. It allows players or users to purchase, collect, breed and sell types of virtual cats. It has said that it represents as one of the earliest attempts to deploy blockchain technology for creational purposes. Because of the game's popularity in December 2017 it build a congestion in Ethereum network and cause to reach an all-time high transactions and slow down.

The good aspect of CryptoKitties is a demonstration, fun and cute to own. However, it shows potential blockchain for trading and securing digital assets - this was the principle behind the creation of CryptoKitties.

Currency or Asset?

Most of the projects launch in blockchain is with cryptocurrency. But, CryptoKitties are not a currency. Instead, they are blockchain assets. It structured is similar to most other tokens but, have major difference. Each Cryptocurrency is unique and not meant to be fungible. Fungibility is key for a currency.

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Because they are non-fungible tokens, they rely on their uniqueness and scarcity to create value. Every CryptoKitty is an ERC-721 token with unique features. They features are written into codes as the phenotype and genotype. In short, CryptoKitty's genetic information which determines the appearance and other characteristics is written directly into the code of the ERC-721 token. When the phenotype and genotype combined, it will result to four billion possible CryptoKitties making it every CryptoKitty is unique in the world.

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@thinkingmind