Hot on the heels of CryptoKitties, comes a new Ethereum based game - CryptoCelebrities
How it works
CryptoCelebrities runs on the same blockchain technology as Ethereum. Just like each individual coin, each personality is linked to one, and only one, Smart Contract Token on the game’s blockchain.
To purchase a Smart Contract: Send Ether to the contract using Metamask. If someone wants to buy one of your current contracts, the buyer has to pay you double the amount of your original purchase.
Value increase is hard coded!
The price of each contract increases with each transaction. When you buy a Smart-Contract, watch out! Anyone can take it away from you by paying double what you paid.
If you buy a contract for 0.2 ETH, another player can snatch it away from you. Once that happens, you’ll automatically receive 0.4 ETH!
Most contracts double in price with each transaction until they reach 1 ETH. Price increase: 2x from 0 ETH to 0.05 ETH, 1.2x from 0.05 ETH to 0.5 ETHand 1.15 ETH from 0.5 ETH up.
Will it succeed?
Leave your thoughts below, and feel free to checkout my profile page (currently holding 3 celebs - not for long I'm sure)