Memes are Moving from the Cryptoverse to the Metaverse
January 19 2022 - 3:10AM
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Decentralization, at its core, is and has always been a
community-driven revolution in money and culture, and
cryptocurrency has served as a key player in the movement. After
the advent of cryptocurrency, Dogecoin came in as a meme coin
purely to mock investors who bought crypto despite a lack of
understanding of the concept. Ironically, Dogecoin grew to become
one of the most valuable coins in terms of market capitalization.
Once Dogecoin emerged as a trend it rapidly spread into popular
culture and with its widespread success, several tokens based on
dog breeds were been created, including Shiba Inu, Baby Shiba Inu,
and Floki Inu – named after Elon Musk’s pet. Dogecoin is now being
accepted as a form of payment at Coinbase Commerce, paving the way
to conventional utility, and with the Metaverse growing and
evolving, users can already use several cryptocurrencies, including
meme coins as payment in various ecosystems. With the power of
artificial intelligence meme coins have finally come to life. A
relative newcomer in the space Kitty Inu ($KITTY) splashed onto the
scene with a Fair Launch on October 24, 2021. Capitalizing on the
dog-themed coin craze, the adorable Kitty Inu meme is of a cat
disguised in a dog costume, seemingly so she can run with the big
dogs. The female-led team behind Kitty Inu is comprised of
experienced industry professionals, who have wasted no time laying
out their vision and embarking on some seriously ambitious
projects, especially given the current microcap status of the
project. The $kitty token will be the native currency of an NFT
based Free-to-Play and Play-to-Earn racing game, KittyKart, being
built on the Ethereum blockchain where players race karts to “mine”
NFT assets. Through continued gameplay, mined NFT assets will
then confer either skillset advantages or enhancements to visual
appearance. Assets will have the ability to be “mined”
(earned) through gameplay or bought and sold on the secondary
market via the in-game marketplace. From the preview trailer on the
Kitty Inu website, it appears KittyKart will be colorful, serious,
and fun, having been inspired by the likes of past favorites such
as Mario Kart and Crash Bandicoot. Further broadening the
game’s appeal, Team Kitty has been acquiring popular NFTs, the
likes of a Bored Ape, a Deadfellaz, and Rumblekong to name a few,
for use to populate the game with characters that will be inclusive
of the larger community. The beta release of Kitty Kart is expected
around the end of January or early February of 2022. Kitty Inu is
also engaged in a partnership with The Culture Dao ($CULTUR) a
decentralized Web3 Pixar and Virtual Beings Development Guild
founded by Emmy award winner Edward Saatchi (founder of Fable
Studios and co-founder of Oculus VR story studio) and blockchain
developer Anna Nevison, M.S. to assist in the development of an
Artificially Intelligent Kitty Virtual Being. AI Kitty would
tap into an array of data from sources such as news & world
events, cities, communities, social media, facial analysis, and
Google trends to teach her to feel. The intent is that AI
Kitty would empathize on multiple scales, gathering data from the
communities that adopt her and once perfected in the metaverse, she
would find a place in IRL public spaces. Furthering the use-case of
their token, Team Kitty Inu also recently partnered with
Shopping.io where non-us holders can use their Kitty Tokens to shop
at major retailers online. They have also have retained the
outside legal counsel of the international law firm of Squire
Patton Boggs to aid in the development of their business
enterprise. Furthermore, Kitty Inu is Certik audited and the
Lead Developer is KYC Verified by InterFi Network. Kitty Inu
($kitty) is currently available for trade on Uniswap and
Pancakeswap.
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