Xiaomi to Launch CryptoBunnies

Chinese tech giant will launch own CryptoKitties' knock-off
14 March 2018   115

The largest manufacturer of smartphones in China Xiaomi launched its own analogue of the popular game on the Ethereum's blockchain called CryptoKitties. This is reported by CoinDesk.

Jiami Tu or CryptoBunnies allows owners of Xiaomi accounts to launch digital rabbits, differing in design and built-in characteristics of rarity. Information about each "pet" is stored in the blockchain. Xiaomi does not specify whether it uses her own or one of the public blockchain.

According to the current rules, every day Xiaomi will produce a certain number of digital rabbits. Despite the absence of prior notification, the first brood of rabbits users dismantled within an hour.

The company emphasizes that it does not allow exchanging digital rabbits for crypto or fiat. It should be noted that in China, cryptotrading has been banned since last year.

Monetha is about to release first version of its wallet app

Monetha's MVP to be released on March 21 exclusively for MTH holders in order to make a significant step towards fully working decentralized trust and reputation system
23 March 2018   71

Starting from March 31 all of MTH token holders will gain exclusive access to Monetha wallet app - the MVP of the project. The release is considered to be Beta release, and approximately 10,500 of the users of the platform will become the first to test out the product. The app will be available on both iOS and Android.

The wallet itself is based on smart contracts and features

  • making/solving claims;
  • rating merchants;
  • writing reviews;
  • review of purchase history;
  • see clients' and merchants' trust ratings

The integration with Monetha through the app will allow merchants to accept Ethereum based tokens as a payment and then easily convert cryptocurrency into fiat currency. Monetha's mission is 'to develop and deploy the best transaction system that would be based on enforceable contracts without third party between consumer and merchants and a strong decentralised reputation management system'. Its solution is going to be universal, transparent, self-executing and transferable.

To the moment of the publication, Monetha's market parameters are as follows:

Average price: $0.102597

Market cap: $22,274,083

Volume (24): $435,208