‘CryptoKitties’ Creator Earns $275,000 in Just a Week After ‘Cheeze Wizards’ Launch

Coinspeaker
‘CryptoKitties’ Creator Earns $275,000 in Just a Week After ‘Cheeze Wizards’ Launch

The Ethereum blockchain network is hosting yet another blockchain-based gaming experience! Dapper Labs, the creator of popular crypto-collectibles game ‘CryptoKitties’, has unveiled its new gaming experience called ‘Cheeze Wizards’.  The concept is quite similar to ‘CryptoKitties’ wherein thousands of cheese-shaped cartoon wizards will engage in an online duel for a grand prize of ETH tokens.

Launched last Friday, the game has already attracted 973 players purchasing over 4470 fighters says Bryce Bladon, head of communications at Dapper Labs. Most of the ETH tokens spent by the players on the digital Cheeze Wizards shall go towards prizes. The game’s grand prize winner will be getting 607 ETH tokens.

Speaking to CoinDesk, Bladon said that they plan to launch the first tournament later this summer. The tournament will see digital Wizards or players engaging in a duel until the final winner takes away the “big cheese”. Bladon added:

“Players summon wizards, each of which is a non-fungible token (NFT). The winner gets a portion of the losing wizard’s power. … Using rock-paper-scissors logic, a winner is picked for each of the five spells cast.”

Just like CryptoKitties, the “Cheeze Wizards” have got self-custodied NFTs which have got some unique traits while providing opportunities of usage beyond the Dapper Labs tournament. Bladon notes that this extensibility feature is the secret sauce for the success of Dapper Labs’ crypto games.

Besides, “Cheeze Wizards” uses the Dapper Ethereum wallet that is compatible with several other cryptocurrency wallets. Bladon notes that with the launch of CryptoKitties, the DApp community has contributed a robust ecosystem distinguishing itself from other gaming experiences.

Bladon noted that Dapper Labs will help to provide support and create opportunities for developers who want to build features, tools, and other similar experiences related to “Cheeze Wizards”. He said:

“[Community] is the one thing you can’t really fake at scale. A lot of blockchain games are trying to appeal to the mass market by sacrificing the decentralization and using side chains or hosted solutions. We want to go to the other side of the spectrum and create a game with the community for an experiment with user behavior in crypto networks.”

Last year, Dapper Labs attracted over $15 million in investments from funds like Samsung Next, Venrock, Google’s GV, and Fred Wilson’s Union Square Ventures.

Since “Cheeze Wizards” offer monetary prizes, it won’t be available in certain jurisdictions due to regulatory hurdles. However, gamers have already found out ways to create and develop external applications that allow participating in this ecosystem.

‘CryptoKitties’ Creator Earns $275,000 in Just a Week After ‘Cheeze Wizards’ Launch

Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries.

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