Yes, you read that correctly. Almost 23 Million dollars worth of Ethereum (ETH) has exchanged hands in the newest Crypto trading game. The crazy part is that this all happened during the game’s Beta.
Traders and collector’s have been flocking in to snap up their favorite celebrity at a frenzying pace.. with the highest celebrity fetching 152 ETH ($126,000 dollars)
CryptoCelebrities is still in it’s infancy.. several new Features are being added as we speak such as group buys, new releases and more. The Development team is rewarding early adopters (it’s still early) with Bounties and Rewards for participation and just tonight Crypto Celebrities has announced interest payments to reward users!
Huge New Announcement! Interest Airdrops!
The development team has launched a sustainable rev-share plan in the form of continuous ETH airdrops for the 50 highest ranked players according to total net value.
The airdrop is calculated on a daily basis. Payouts are financed from the revenue generated by the game and are expected to continue as long as the game is active.
Gold members (rank #1 to #10):
A 50% yearly interest payment, calculated and paid daily. Example: If you rank #7 among all players in the game, and your total net value is 200 ETH, your yearly interest payout is 100 ETH, thus earning you a daily airdrop of 0.27397 ETH.
Silver members (rank #11 to #30):
A 30% yearly interest payment, calculated and paid daily. Example: If you #12 among all players in the game, and your total net value is 100 ETH, your yearly interest payout is 30 ETH, thus earning you a daily airdrop of 0.082191 ETH.
Bronze members (Rank #31 to 50):
A 15% yearly interest payment, calculated and paid daily. Example: If you rank #35 among all players in the game, and your total net value is 50 ETH, your yearly interest payout is 7.5 ETH, thus earning you a daily airdrop of 0.02054 ETH.
What Is It?
Blockchain meets gaming
Buy, sell, or trade your CryptoCelebrity Smart Contract like it was a traditional collectible using blockchain technology. Bitcoin and ether are cryptocurrencies but CryptoCelebrities are actual cryptocollectibles. Be the only person in the world to own Smart Contracts for well-known personalities such as Angelina Jolie, Leonardo DiCaprio, and Vladimir Putin.
The moment you purchase a Smart Contract, it automatically increases up to double in price. Watch out! When someone else matches the current price, they’ll automatically snatch your Smart Contract. You’ll lose the card but you will receive up to double the amount you originally invested in ETH.
How it works
CryptoCelebrities runs on the same blockchain technology as Ethereum. Just like each individual coin, each personality is linked to one, and only one, Smart Contract Token on the game’s blockchain.
To purchase a Smart Contract: Send Ether to the contract using Metamask. If someone wants to buy one of your current contracts, the buyer has to pay you more than the amount of your original purchase.
Value increase is hard coded!
The price of each contract increases with each transaction. When you buy a Smart Contract, watch out! Anyone can take it away from you by paying up to double what you paid.
If you buy a contract for 0.02 ETH, another player can snatch it away from you. Once that happens, you’ll automatically receive 0.04 ETH!
Contracts double in price with each transaction until they reach 0.05 ETH.
2x from 0 ETH to 0.05 ETH, 1.2x from 0.05 ETH to 0.5 ETH and 1.15x from 0.5 ETH up.
At some point, CryptoKitties was the largest decentralized application on the Ethereum protocol, accounting for more than 13% of the network’s transactions.
The craze peaked to the point that initial coin offerings (ICOs) could not launch on the Ethereum protocol due to network congestion caused by the sale and trading of the digital kittens.
What’s the catch?
Basically this is a form of gambling, “crypto chicken” if you will. You buy the cards and they sell quickly for a profit. I can see this picking up steam and continuing for a few weeks at best, so there is a lot of profit potential if you have a healthy risk appetite.
But after a few weeks these things tend to run out of gas, so get while the gettin’ is good because these fads typically run their course. For now, it’s on and crackin’ the website is having trouble handling the traffic which is a good thing for card holders.
This is a fun game, but it’s risky. Never invest money you can’t afford to lose, because as great as it it selling a card for a profit, think of these cards as art. They are collectibles, but you aren’t guaranteed to have a buyer
In the meantime, as press coverage begins and word spreads.. Crypto Celebrities has the potential to become the biggest Ethereum based game ever.
Since we are playing as well we will be doing giveaways on the Crypto Celebrities Discord Channel as well as buying cards off of players. We are currently offering a buyback guarantee on Katy Perry with a 10ETH bonus. We’ve had a lot of fun playing and have made a nice chunk of profit and we’re happy to give back!
New/Upcoming Releases to Watch
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