CryptoKitties, one of the first games built on Ethereum, arguably brought NFTs (non-fungible tokens) to mainstream attention. But now, more than a year later, the game has faded into obsolescence.
CryptoKitties boomed in popularity in December 2017 — at the peak of the crypto bubble. The game consumed around 15% of Ethereum’s traffic and drove the median transaction fees to upwards of $3, which is more than 100 times higher than the current fees.
Because of CryptoKitties’ early success, the enthusiasm around blockchain-based games was high and hundreds of copycats started popping up. In March, Dapper Labs, the company behind CryptoKitties, raised $12 million from Andreessen Horowitz and Union Square Ventures amongst others.
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