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Xiaomi releases blockchain bunny game
CryptoKitties rival is only in beta for now
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This article originally appeared on ABACUS
Everyone’s getting into the blockchain craze, but with a crackdown on digital currencies by the Chinese government, how do the country’s tech giants take advantage of the boom? With pet games based on blockchain.
Xiaomi has just launched its own blockchain pet game called Jiamitu, which translates to CryptoBunnies. (The gadget maker’s mascot is a white rabbit.)
The launch comes just a few days after CryptoKitties debuted in China and a month after Baidu introduced a blockchain dog game.
Games like CryptoKitties rely on one key feature of blockchain: Scarcity. There are a limited number of pets -- each with a different appearance -- giving them a certain value. And none of the pets can be replicated or destroyed, which means ownership is secure.
To get around the government’s clampdown on digital currency trading, Xiaomi’s game has one big difference from CryptoKitties: It’s not based on established cryptocurrency.
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