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CryptoKitties Quietly Suspends ‘CurryKitties’ Promotion

Cryptokitties quietly suspends ‘currykitties’ promotion

CryptoKitties Quietly Suspends ‘CurryKitties’ Promotion


Cryptokitties quietly suspends ‘currykitties’ promotion
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The company behind popular Ethereum-based game CryptoKitties has quietly suspended its “CurryKitties” promotion, which allowed users to purchase limited edition digital cats modeled after the likeness of NBA superstar Stephen Curry.

Stephen curry

It’s unclear when precisely the promotion was taken down, but its web page has replaced with a message explaining that the campaign has been suspended indefinitely since — contrary to CryptoKitties’ original understanding — the Golden State Warriors point guard was not an active participant in the promotion.

“The CurryKitties are taking a cat nap,” the page now reads, adding:

“We have reason to believe Steph wasn’t as involved in the CurryKitties as we thought. Until we’re sure he’s an active participant, we’re suspending the campaign.

As CCN reported, CryptoKitties had launched the CurryKitties promotion earlier this month in partnership with Moji, an emoji app development company owned by Curry.

Stephen curry
Source: cryptokitties

The companies together released three CurryKitties modeled after Stephen Curry’s likeness and had planned to auction them directly from his personal wallet. The digital cats, which are structured as non-fungible ERC-721 tokens, were expected to rival the six-figure sale prices seen at the height of CryptoKitty mania in December.

In March, CryptoKitties raised $12 million in Series A funding from a group of venture capital firms and tech investors led by Andreessen Horowitz and Union Square Ventures.

The CurryKitties campaign was viewed as a way to bring CryptoKitties and other decentralized applications (DApps) further into the mainstream, as — despite a widespread belief that digital collectibles will be one of the first major consumer use cases for blockchain technology — DApps have yet to acquire many active users.

CryptoKitties, for instance, has just 452 daily active users, according to DApp Radar, and — excluding decentralized cryptocurrency exchanges — no Ethereum-based DApp has more than 1,000 active users.

CryptoKitties creator Axiom Zen did not immediately respond to a request for comment sent outside of business hours.

Featured Image from Flickr/Keith Allison.

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Published at Thu, 24 May 2018 14:48:00 +0000

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CURRENSEE -World’s First physical gold backed cryptocurrency launches successfully

Dubai, London, Hongkong, December 6, 2017 – World’s first 100% physical gold-backed cryptocurrency – CURRENSEE announces its launch.  Historically, gold has been the mode of payment and wealth preservation. However, it requires expensive security, safekeeping, and insurance. CURRENSEE Coin will bring the unique characteristics of Gold into the Blockchain space with its long-established role as a store of value with cryptocurrency’s global payments network technology.

“We want to give investors the opportunity to purchase before we list on exchange“, confirmed R. Mitteysh, co -founder – CURRENSEE, adding further he said “We are also offering lucrative bonus under various referral programs.”

Juned Khan, co-founder – CURRENSEE said “The basic principle is very simple. The issued coin will represent One gram of gold which in itself will be held in a secure, insured and audited vault. In addition, every single transaction will generate a small transaction fee of which 80% will be reinvested into more gold”. This will cumulatively increase the amount in Gold that will back each of the coins. In essence, the real value of each coin will increase over time because of the Gold being reinvested from the transaction fees. He added “This will ultimately make CURRENSEE very unique when compared to the characteristics of other cryptocurrencies”.

Major advantage of the CURRENSEE is that it will have an intrinsic value just as Gold. This is unlike other existing cryptocurrencies that have no intrinsic value, because their value is based on demand and supply and the altitude of users on the specific Cryptocurrency.

The amount of CURRENSEE coins that will be issued at the Initial Coin Offering (ICO) will be 15,000,000 tokens. All these will be available for purchase through the official website of CURRENSEE. The gold that will back the coin will be insured by Lloyds Group which will ensure that all the funds and gold that involves the Coin offering is safe.

“To ensure the security of the Gold, we will seek the services of leading gold vaults. And to ensure that we diversify the risk regarding the Gold, we will work with vaults in Dubai, Singapore, Turkey and Hong Kong, which are some of the major financial hubs in the Asia and the Middle East” confirmed Amjadh Waghu, co-founder CURRENSEE.

This is a brilliant time in the cryptocurrency sector, the benefits that come twofold, both from a gold investment perspective and a cryptocurrency investment perspective.

For more information visit: www.currensee.io

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Disclaimer: Contributors and/or entities incorporated, established or registered in United States and People’s Republic of China are not allowed to Contribute in CURRENSEE TOKENSALE. CURRENSEE is not accepting fiat currencies (native/local currencies of the respective countries) in any form like GBP, INR, USD, EUR etc for contribution purpose. CURRENSEE does not accept payments in cash in the United Kingdom, India, United States and other countries.

The post CURRENSEE -World’s First physical gold backed cryptocurrency launches successfully appeared first on NEWSBTC.

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