The first project to use ethereum's ERC-721 standard, CryptoKitties has since been rolled out into a standalone company with backing from some of the industry's top investors, while NFTs themselves have become one of tech's hottest buzzwords.
CryptoKitties introduced the idea tokens could breed and create totally new tokens, and lots of the new projects are now coming up with different ways to play around with that idea.
Lots of the early NFT projects are on some level or another imitations of Pokemon.
HyperDragons takes advantage of decentralization by interacting with another team's project.
The projects white paper acknowledges, like most projects in this space do, that real gaming interactions on ethereum are a problem, and it notes particular concern about the protocol's ability to handle the castle game.
Created as a side project by two staff members at Serbian blockchain company Decenter, CryptoJingles was started at the end of 2017.
The creator owns it and can sell it on to others, as an NFT. The project is not in active development but there have been a few super fans making lots of jingles.
A spokesperson says it is a project that is "Authorized" by the center, but the company didn't respond to questions from CoinDesk about whether purchasing any of the pandas benefits their conservation at all.
Previously, 7th Wave tried to launch an ICO project called Wardz, but it didn't succeed.
To spread the word about the project, they tried to run a "Motorboat Contest" where people would win an actual boat.
Non-Believable Tokens: The 7 Strangest Crypto Collectibles Explained
Published on Aug 18, 2018
by Coindesk | Published on Coinage
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