“I’ll admit it, collecting digital cats is silly, but that’s beside the point. Let’s stop for a moment and imagine that, instead of selling cats, this website sold:
– World of Warcraft items,
– Houses, buildings, land titles,
– Corporate stocks such as Apple, Amazon or Facebook.
Do you see the potential? What makes Crypto Kitties exciting isn’t the cats themselves, its the possibilities that it demonstrates. This is a proof of concept for something much bigger. With the Ethereum protocol, we can now create, tokenize, and freely trade any type of assets on the blockchain. This isn’t about cats; it’s about the future of this new, revolutionary technology.
A Few Predictions
A lot of people — including me — believe the blockchain is the most important invention since the Internet.
The blockchain changes everything we thought we knew about computers. By removing one of the computer’s biggest feature — the ability to duplicate information — it opens up computing to a multitude of new, real-world use-cases that would have never been possible before.
Granted, breeding digital cats is silly, and it will likely be a temporary fad. However, this marks the beginning of a digital revolution. The blockchain bridges the digital and the physical worlds in a massive way. Now, digital assets can have real-world properties such as scarcity, and physical assets can be traded just as easily as sending an email. This is the best of both worlds.”