Do not invest more money than you can afford to lose.
Shortly after the CryptoKitties craze that has gripped the world in the end of last year waned, China’s internet giant and most popular search engine Baidu announced the launch of CryptoDogs, Laici Gou, in mainland China.
The goal of the game, which is very similar to Tamagochis or Pokemons, but is played on a blockchain, rather than with cards, is to breed and collect various dogs. Each of them has unique traits, or genes, that produce another unique breed of dog with different traits when bred.
The transactions are recorded on a blockchain ledger. Unlike CryptoKitties, which was played on the Ethereum network and congested it for days, creating a huge backlog and annoying the people using it for other purposes than breeding digital cats, CryptoDogs will be played on a separate blockchain. It is a fork of the Achain public blockchain platform.
Unlike the CryptoKitties, which were purchased with Ether, the digital dogs will be paid for with special credit points generated by Baidu. They will not be exchangeable for fiat currency or other cryptocurrencies, but obtained by using Baidu’s products.
Meanwhile, the co-creator of the CryptoKitties Benny Giang told Tech-Node that the Chinese-language version of the digital cats game will launch in mainland China for the Lunar new year in mid-February as a mobile application for iOS and Android.