Ethereum monster
CET The developers of the game have contacted me to explain how the game has changed since its wobbly beginnings. The ponzi-like gameplay is gone; many new features have been added, including a marketplace, a monster training gym and a battle arena. More details about the gameplay, which is vastly different from what it was when the game launched, can be found here. It was only a matter of time before someone tried to copy the success of CryptoKittiesa virtual collectibles game that was so popular it hogged the Ethereum network nearly entirely for itself in early December.
The new game is called Etheremonand it allows you to purchase, with ether Ethereum's currencyvirtual monsters which earn you interest depending on their popularity. Bitcoin takes a break but Ethereum and other cryptocoins reach new highs. The game in its current state is incredibly basic: You buy pictures of monsters and in the future you may be able to trade or even do battles with them.
To play, all you need to do is visit the site with an activated Metamask browser extension that's funded with some ether.
Right now, pretty much the only thing you can do with your Etheremon is keep them, which earns you a small amount ether every time someone else buys that same type of Etheremon, which aren't cheap — prices range from 0. Okay, I stayed up all night buying Etheremon —basically Pokemon powered by Ethereum. I am officially done accumulating And therein lies the problem: In its current state, this is little more than a Ponzi scheme, in which early adopters earn money from people joining in down the line.
Once newcomers stop coming, the entire thing collapses. This doesn't seem to bother players who are jumping head over heels to get in on the action early. One of the game's smart contracts currently accounts for 2.
One of the game's developers replied in the thread, claiming they are acting transparently and that the "whole world" would know if they try to steal players' funds. While that may be so, the possibility that this may happen is quite unsettling. Also, the game's monsters currently look like eggs as the initial imagery was apparently used without permission. A notice on the game's website states that the game's developers "are in talks with artists regarding used artworks.
All images are subjected to change. These guys don't have my permission, don't spend any money on this, and share this so people are aware https: He also owns one Etheremon. We're using cookies to improve your experience. Click Here to find out more. Tech Like Follow Follow. People are spending millions on virtual CryptoKitties.
/https://blueprint-api-production.s3.amazonaws.com/uploads/card/image/689197/d4a6255a-3c53-40b6-add2-703e4acdd192.jpg)
) If anyone would advise a link for particular information about HFT I'd be pleased to review it. Great stuff. The website does not provide ethereum monster services or personal recommendations to clients to trade binary options.