Ethereum collectibles game CryptoKitties sees activity resurgence

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Data collected by The Block Research shows an activity uptick taking place on CryptoKitties, the long-running collectibles game built on the Ethereum blockchain.

To be sure, the resurgence is nowhere near the network-clogging heights of 2017, when CryptoKitties experienced an explosion in popularity. But weekly data indicates that CryptoKitties is seeing more usage now than it has since April 2019.

Weekly trade volume data also illustrates the ramp in activity, reaching $1.83 million for the week starting February 28.

CryptoKitties debuted in 2017, the brainchild of Dapper Labs. As seen in the above data, NFT activity has been dominated by another Dapper product: NBA Top Shot. 

The Block reported last month that Dapper Labs is set to raise as much as $250 million in a new funding round. Last August, Dapper Labs raised $12 million, drawing support from a group of NBA stars in the process. 

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The Block Research was commissioned by Algorand to create Layer-1 Platforms: A Framework for comparison, which provides a “look under the hood” at seven platforms: Algorand, Avalanche, Binance Smart Chain, Cosmos, Ethereum/Ethereum 2.0, Polkadot, and Solana. We assess their technical design, related ecosystem data, and qualitative factors such as key ecosystem members to get an understanding of how they differ. Having done this analysis, we draw some insights for what the future of the broader smart contract landscape could look like for years to come. 
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Aug 11, 2021, 5:18PM UTC
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