CryptoKitties, Explained ... Mostly

by Nellie Bowles

SAN FRANCISCO — Joe Buttram, a former mixed martial arts fighter and start-up security guard turned cryptocurrency investor, was looking at a new toy called a CryptoKitty.

“You can see he wants to sire,” Mr. Buttram, 27, said.

For about 20 of the cryptocurrency called ether ($14,000 at the time), the cartoon cat would “mate” with one of Mr. Buttram’s, and he would get a new CryptoKitty. That kitty could inherit its father’s desirable eyes (traits include thicccbrowz) or fur pattern (like totesbasic).

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