CryptoKitties? Let the games begin..

I have to admit it…I’m not a gamer.

I cant imagine sitting down for hours on end playing a game either by myself or with other people. However, I do love animals and the thought of creating and breeding kitties did intrigue me.

But of course the logical side of my brain also wanted to know how buying and breeding kitties would help me learn about cryptocurrency. I decided to visit the site out of sheer curiosity and was surprised that I learned a few things.

First of all, you have to buy the kitties with Ethereum. inside the marketplace on the site. There is a breeding fee that is about 0.008 Ether (approx. $4.69). Ok, that’s not too bad, but you can only play the game on a PC/MAC desktop. You also have to use a Metamask digital wallet. I guess if you are a gamer with a desktop set-up this scenario would be normal for you. I have read reviews that suggest that people are having a great time collecting kitties and “growing their crypto family”.  It seems that you can also make a good deal of money by breeding, mating and selling your kitties. The overall goal is to get a kitty that everyone wants.

If your into gaming, Cryptokitties just might be your entry into the crypto world. I found a site that talks about the possible future of crypto gaming. Maybe I will stick my toe in the water one day just to make myself a virtual kitty.

Altcoin Fantasy…Fun or Fantasy?

Remember the show Fantasy Island? (I’m definitely dating myself…but actually that was the first thing I thought of when I heard the name Altcoin Fantasy. Turns out, I wasn’t too far off the mark on this one.

Altcoin Fantasy is a cryptocurrency simulation platform where users learn to trade cryptocurrencies RISK FREE. It’s like your money making fantasies come true!

You get to play with virtual USD cash which you can use to make trades while learning about trading. The best part is that you actually win bitcoin and prizes if you win the contest.

I’m not a big gamer but I’m totally on board with playing the type of game where you don’t lose your own money and your learn something in the process. I cant find any negatives with this one at all. Here is a great article featuring the founders of Altcoin Fantasy where they talk about the motivation behind the company.

I’m going to definitely play this game to learn more about trading before taking the plunge for real. I will update my experience and share my thoughts in future posts.

Happy virtual trading!!

Ok..PoolTogether..Let’s Play!

PoolTogether Turns Saving Money Into A Game

If you’ve ever been to Las Vegas or any casino for that matter, the excitement of winning a big pot of money is definitely a head rush. I mean who doesn’t want to win big and take home free money. But the risk of a possible loss is too much for my safe brain to comprehend.

But what if there was a way to play without EVER losing? Does such a thing exist you ask?

Well, PoolTogether is proposing just that. A savings game where you can’t lose. Of course this definitely piqued my interest because I hate to lose.

Pool together works like this:

Each player deposits stable coins into a smart contract to buy tickets. Each ticket costs the equivalent of 1 USD. Each player can buy as many tickets as they want, and withdraw their money at any point. The funds in the pool are sent to DeFi lending platform Compound Finance, where they accrue interest for a period (currently, one week). At the end of the week, a winner is chosen at random, who gets the interest earned by the pool and their tickets back. Simultaneously, each other player gets their tickets back, and the game restarts. 

Now here’s where it gets interesting. PoolTogether is basically a no-lose lottery. Imagine a lottery where you don’t lose ANY money? Okay, I’m in! Definitely sounds good. But what’s the catch? There really isn’t one except that you can’t take your winnings anywhere else. It stays in the PoolTogether ecosystem where you just play for fun and profit. Eventually the creators will start to take profit but for now it’s just set up for fun. Of course, like in life there are a few downsides to this whole scenario like some might try to tip the scales in their favor by adding more money so they can win more. But I personally look at any type of gambling as fun, so I’m ok with that. Also because smart contracts are new and experimental they are vulnerable to bugs so please only play with what you can afford to lose.

I like the idea of playing a bit of “Russian roulette” without losing any money – how about you?