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Pokémon game released on Ethereum [ETH] blockchain!

Anirudh VK



Pokemon game released on Ethereum [ETH] blockchain!
Source: Unsplash

A version of the Pokémon games has been built on the Ethereum blockchain. The game uses Ethereum’s smart contracts to store the ownership of Pokémon in the game.

The game features random encounters as a way for the players to capture Pokémon. The Pokémon will be captured with Pokeballs. The Pokeballs have to be bought in the in-game store with Ethereum, with a starting price of 0.005 ETH for the basic ball, going all the way up to 0.15 ETH for a ball that is guaranteed to capture the Pokemon.

The game has support for a marketplace, where players can trade different Pokémon for Ethereum. Every Pokémon captured in the game is unique from each other. These Pokémon are hence a form of a crypto-collectable, a non-fungible digital asset characterized by digital scarcity.

The aim of the game is to fill the player’s Pokedex by capturing all the 151 different type of Pokémon present in the game. The first person to capture 150 Pokémon will be awarded an opportunity to capture the rare Pokemon Mew, of which there is only one copy. Once this is done, the players can then fight against each other in a “Battle Island”.

The developers also mentioned that they would be releasing rare Pokémon at announced events. They said:

“…we will create specific events to announce the release of those legendary Pokémon. Those Pokémon will be really rare, there will be only 3-5 entities of them available in the game.”

The developers also mentioned that they wouldn’t be making the contents of the smart contract public, as it might have negative consequences on the game. They said:

“We understand that a public contract is important to build trust among players but we fear that publishing the contract could damage some parts of the gameplay.”

They also mentioned that they had plans of making it public after the game is popular, saying that they would work with some other blockchain game developers to build their own game on top of the existing game.

Some users, however, were worried about copyright infringements. User DNiceM said to these:

“Guess the Pokemon Company will now have to run a 51% attack on the network :/”

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Anirudh VK is a full-time journalist at AMBCrypto. He has a passion for writing and interest towards the future of blockchain technology and cryptocurrencies. He does not own any cryptocurrencies currently.

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Bitcoin Dominance Index [BDI] falls short of Bletchley Ethereum Token Index [BETI] in 2019

Biraajmaan Tamuly



Bitcoin Dominance Index [BDI] outperformed by Index based on the Ethereum blockchain in 2019
Source: Pixabay

One of the key factors which is often used to represent or indicate the potential of a particular cryptocurrency’s growth is its market capitalization. When the market capitalization of a coin or token showcases a positive hike, it usually has a positive impact on that particular asset’s market.

According to LongHash, the Bitcoin Dominance Index [BDI], which is used to measure Bitcoin’s market cap had been the dominant index since the beginning of 2019. It was observed that the BDI improved from 53 percent to 58 percent over the past few weeks after the largest crypto-asset underwent multiple price hikes.

XRP, which dominated Bitcoin by 1,600% back in 2017 on cryptocurrency exchange Bittrex in 2017, was currently down by almost 50% against Bitcoin in 2019. Ethereum [ETH] fared better comparatively, but was still down by 14% against the Bitcoin.

However, the Bletchley Ethereum Token, a token built on top of Ethereum, seemed to have outperformed Bitcoin this year.

The Bletchley Ethereum Token Index [BETI] can be utilized by investors for their allocation to tokens placed on top of the Ethereum blockchain. However, it should be noted that Ethereum is not a part of the index as it is an independent entity. The BETI is a weighted index, which means that the tokens with dominant market caps will take up a larger part of the index and the re-balance will take place at the end of a particular month.

For example, Tron [TRX] and Binance Coin [BNB] currently take up more than half of the BETI’s Weighted Index. Since the launch of their DEX, BNB has enjoyed a lucrative year with multiple hikes bringing the coin to $30 from under $6. Tron also witnessed major growth in market cap as it was up by 40% in comparison to the US dollar.

However, it is important to note that the major tokens on the BETI’s weighted index have all launched their own blockchain, at press time. Hence, it can indicate that the dominance enjoyed by BETI over the BDI over the last few months could point to a situation where the Ethereum blockchain was preferred for the launch of various tokens.

Despite the aforementioned reason, it is safe to state that Bitcoin was not the only entity which dominated the crypto-space this year.

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