
The Spectacular Collapse of CryptoKitties, the First Big Blockchain Game
On 4 September 2018, someone known only as Rabono bought an angry cartoon cat named Dragon for 600 ether—an amount of Ethereum cryptocurrency worth about US $170,000 at the time, or $745,000 at the cryptocurrency’s value in July 2022. It was by far the highest transaction yet for a nonfungible token (NFT), the then-new concept […]