Cryptocollectibles are the hottest new trend in blockchain technology. These digital collectibles are all the rage with kids and grownups alike, who want to own a slice of virtual currency that can be traded for real-world goods and services. Cryptocollectibles might be the next big thing in mainstream crypto adoption, but they raise some important questions about digital ownership and the nature of value.
It’s safe to say that everyone has heard this phrase before. It’s an iconic line from the 2004 movie Mean Girls, which stars Lindsay Lohan as a young high school student who gets swept up in popularity politics at her new school.
The line is uttered by Gretchen Wieners (played by Lizzy Caplan) when she finds out that Cady Heron (Lindsay Lohan) has been sitting at the popular table during lunchtime.
Cryptocollectibles Are Back
Now, Bitcoin script transactions are using this meme to give back to the community in their own way: You can’t sit with us? The popularity of the game has led to a revival of other collectible games.
The first crypto collectible was CryptoKitties, which was inspired by the success of Pokémon Go and released in 2017. After that, another game called Cryptopuppies and Cryptobunnies appeared.
These games are based on the principle of collecting virtual items, but unlike traditional digital games that allow players to buy or earn currency (gold coins) for their characters and purchase items with it, crypto kitties cannot be bought or sold directly — only their genes can be purchased using ether tokens or any other cryptocurrency.
Coins can then be used to breed new kittens with different attributes.
So, if you’re looking to diversify your crypto portfolio and start trading in some new assets, it might be worth checking out the wide range of Cryptocollectibles on offer. While some will stay classics for decades to come (T-shirt anyone?), others may go down in history as a brief fad that came and went.
Either way, these unique items represent an important step towards mainstream adoption of blockchain technology and cryptocurrencies by more people outside the tech world.