If someone spent $100,000 on a CryptoKitty, but nobody cares about CryptoKitties in two years and that cat is then worth $5… Do you worry about that? Read More: The Big Business of CryptoKitties Is Being Automated We created a market that wasn’t there before, so we created an opportunity for other businesses and we can explore that. I honestly believe there is an Ethereum before and after CryptoKitties. All of a sudden we have the number one blockchain application bringing in thousands of users. We’re establishing ourselves right now as a very important blockchain company. How is Axiom Zen using the profits from CryptoKitties? We also take 3.75 percent of every transaction, so if someone sells a kitty to someone else for $10, we make 37.5 cents. I can’t comment on that, but you can follow sales at, which is something one of our users created and doesn’t have anything to do with us. How much have you made just from selling kitties? That money goes to Axiom Zen, so that’s how we make some of the money in the game. ![]() Our contract releases gen0 kitties every 15 minutes, and launches them for sale in an auction, and it will do that for a year. How does your company make money with CryptoKitties? At that hackathon, we didn’t have anything that you see today. That version was ugly and didn’t totally work. We wanted to test and launch this in an amazing way, so Benny and I jumped into the project and we came to ETH Waterloo with a very rough prototype of CryptoKitties, and colourful T-shirts and balloons, and we made a big impact. The original people who came up with this were Mack and Deiter, and they were working on a prototype for a little while. How long was your company working on this before release? Read More: 11% of Traffic on the Ethereum Blockchain Is Being Used to Breed Digital Cats It’s been amazing and crazy at the same time. We had a six-month plan when we thought CryptoKitties would be really big, but we never thought it would take a week. We had big goals, but we never expected them to come this fast. Is there any sense that this has gone too far? We’re definitely surprised that CryptoKitties exploded this way, and we didn’t expect to see people re-selling their kitties for thousands of dollars, but we’re working on making the product fun and accessible. It’s crazy when we see these numbers, but we wanted to make it approachable and we wanted to create groups that can define what’s important to them and buy the cat with traits desirable to them for an affordable price. We want CryptoKitties to be selling for a dollar. ![]() CryptoKitties is revolutionizing the industry by opening a market for people who have never been involved with crypto before.īut with people paying more than $100,000 USD for CryptoKitties, do you think it’s outstripped your educational goal? Motherboard: What do you say to people who accuse CryptoKitties of being digital Beanie Babies, with all the negative implications there?Īrthur Camara: I would say CryptoKitties’ goal is to educate and raise awareness about the blockchain, a technology that’s going to change the world.
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