CryptoKitties Unveils KittyVerse Platform & Blockchain Nifty License

CryptoKitties Has Just Announced The KittyVerse Platform And Also The Nifty License

The Nifty Licenses has been considered as the very first blockchain standard when it comes to the licensing of digital assets; this is in the third-party application. As a result, this is showing CryptoKitties, and the other distributed blockchain applications are proper platforms put in place and not just products on the web.

More To Expect On The Platform

The CryptoKitties platform just announced the new KittyVerse platform, which has been designed to have several games, tools and various other projects that are still in development for users to explore. When at the KittyVerse, a player with digital assets from the CryptoKittie platform is able to have some catfights, race and even be in the position to collect some crypto collectibles.

Additionally, the CryptoKitties platform also went ahead to update their terms of service to ensure they give the third party creators the needed freedom to be in a position to leverage the CryptoKitties assets.

Thanks to the decentralization it is able to empower a unique development in the environment, this is according to the co-founder of the CryptoKitties platform. Once a concept has proved to be viable, the third party creators in the market are able to create on top of it and have the ability to access the existing user base.

In this regard, it means every individual is a stakeholder, and every new experience that is explored just means there are new ways you are able to use your CryptoKittie, states the founder.

The Nifty Kitty program

The other thing that was revealed was the Nifty Kitty program, where the CryptoKitties platform is planning on supporting third-party developers financially, it is for the developer who actually builds a game on the platform. As a creator, you just need to submit your project to the site of the platform. It is all to ensure that they have been able to promote growth within the community with the use of a sustainable revenue motive, instead of having an ecosystem fund in place.

The Nifty Kitty program license will allow the various creators to use and also build on the company’s license foundation for any type of experience that they create with the use of the ERC-721 token. The co-founder of the company authored the original ERC-721; as a result, the game created pioneered this token to be the standard for the non-fungible assets.

There are over 800,000 CryptoKitties that are out in the market, having the collectible cats sold for six dollars to even six figures, it is something that has slowly grown in demand within the market.

A Little About The CryptoKitties platform

In 2017 is when the platform was able to capture the public’s imagination; as a result, the platform was able to maintain its position as the most used decentralized app you can find in the market that is on the Ethereum network. The platform was able to attract a peak usage that was able to account for over quarter of the traffic in the system.

Thanks to the platform there has been over 1.5m wallets and also over $25M that has been transacted through the platform. The digital cats have been able to adequately showcase how the blockchain technology can be cleverly used beyond the crypto coins in the market.

Get Free Email Updates!

*Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

Avatar
Bitcoin Exchange Guide News Team
B.E.G. Editorial Team is a gracious group of giving cryptocurrency advocates and blockchain believers who want to ensure we do our part in spreading digital currency awareness and adoption. We are a team of over forty individuals all working as a collective whole to produce around the clock daily news, reviews and insights regarding all major coin updates, token announcements and new releases. Make sure to read our editorial policies and follow us on Twitter, Join us in Telegram. Stay tuned. #bitcoin

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

LEAVE A REPLY

Please enter your comment!
Please enter your name here

3,511FansLike
2,795FollowersFollow
4,272FollowersFollow

Live Bitcoin Price & Latest BTC Charts

Today's Latest Crypto News

BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.

Start Using Crypto Today