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CryptoKitties is Coming to iPhone

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    Popular Blockchain-based game CryptoKitties is coming to iPhone.

CryptoKitties is Coming to iPhone
Cover image via u.today

CryptoKitties — the game built on the Ethereum blockchain which allows users to buy, breed and sell digital cats — is coming to Iphone users. Axiom Zen, the creator of the game, is making CryptoKitties available for iOS users in Greater China and Singapore beginning Feb. 16.

CryptoKitties

CryptoKitties was first released on Nov. 28. On Dec. 2, the most valuable cat was sold for 246.9255 ETH which was equivalent to $117,712 USD at the time. About three days later, the popularity of the game congested the Ether network creating a queue of pending transactions. On Dec. 4, CryptoKitties accounted for about 12 percent of all transactions on the Ethereum Network. By Dec. 5, players had spent over $3.5 mln in Ether on the game.

Axiom Zen will be releasing CryptoKitties in China before they release the app to the rest of the world because they believe the app will be successful there. Mack Flavelle, one of the game’s co-founders, told Fortune,

We’re targeting China, Singapore and other Asian countries because to be honest, we think they’ll love the kitties. The area has a sophisticated and passionate crypto community… plus a long time appreciation for cute things.

The game will be available in Apple’s App Store beginning Feb. 16 in China — the same day as Chinese New Year. All of the digital cats introduced into the game on Feb. 16 will be given a Chinese backstory, and three “ultra rare fancy cats” will be released for the holiday.

Network congestion

With CryptoKitties set to launch in China, it is possible that the Ethereum network could experience similar network traffic to when the game first became popular in December. At one point, CryptoKitties accounted for 30 percent of the traffic on the Ethereum network and caused 30,000 transactions to become backlogged.

In China — a country with a population of 1.379 bln (2016) — mobile games have millions of users daily. There are currently over 320,000 CryptoKitties players, but with the game being introduced to such a large population, it is possible for the Ethereum network to become backlogged with even more transactions than before.

Global launch

Co-founder Benny Giang says Axiom Zen expects to release the game to the rest of the world a few weeks after the China release.

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Patrick Thompson is a freelance writer who has written for several publications in the past about a vast range of topics.  Thompson is an Economics & Philosophy major at Rutgers University, where he is currently completing his senior year; upon graduating, Thompson plans to go to law school. Thompson is currently the

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Company That Offers Free Bitcoin for Purchases on Alibaba Graces CNBC’s Top Startups List

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    Bitcoin startup has secured a stop among the 100 best startups with less than $50 mln in funding

Company That Offers Free Bitcoin for Purchases on Alibaba Graces CNBC’s Top Startups List
Cover image via u.today

Lolli, the cryptocurrency firm that allows online shoppers to get Bitcoin rewards, has made to this year's "Upstart 100" list published by leading financial media CNBC. 

In its celebratory blog post, Lolli states that it is the only Bitcoin-related company that made it to the list that features 100 venture-backed startups from various industries such as artificial intelligence (AI), cybersecurity, healthcare, and e-commerce.  

"So excited and proud of what Alex and I and our amazing team have built in such a short amount of time. Making the CNBC Upstart list is high praise and great for both us and bitcoin. Many thanks to CNBC and our Lolli community!" says Lolli CEO Alex Adelman.    

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These companies have been picked up based on numerous metrics that include scalability, sales growth, access to capital, etc. CNBC had to choose the most promising startups among 600 companies that raised less than $50 mln in funding, which means that they are yet to produce significant impact on their respective industries. 

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Speaking of impact, Lolli has recently grabbed headlines by securing a partnership with Alibaba on Singles Days, a popular shopping holiday in China that brought the retail giant $38 bln in sales this year. From now on, Chinese-Americans can purchase goods on the site and get free Bitcoin instead of mundane cash-backs.  

As reported by U.Today, London-based digital payment company Wirex recently launched a multicurrency travel card that also lets its users earn rewards in Bitcoin on all in-store purchases.     

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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