DIGITAL currency Ethereum opened at £619.07 ($829.49) on December 20.
The cryptocurrency – can be purchased from the Coinbase app where users can also buy Bitcoin. But what are CryptoKitties, the new game which has increased the value of Ethereum?
What are CryptoKitties?
CryptoKitties, dubbed the next big cryptocurrency, is a new application built on the Ethereum chain.
It was launched on Thanksgiving and became available for transactions last Tuesday.
Players can buy and sell virtual cats for as much as $10,000, in a bid make hundreds of thousands more in real value.
Users purchase their collectible kitties with Ethereum, and then breed them to create more kitties.
Each cat has its own set of genes, uniquely coded as “Cattributes”. Users will make more money if their cat’s genes are appeasing to other players.
The players can make…