
In 2018, several Ethereum-based decentralized application (dapp) browsers gained significant popularity, primarily due to the rise of dapps like CryptoKitties. During its peak, CryptoKitties, the digital cartoon collectibles game, was responsible for more than 20 percent of the entire Ethereum network’s daily transaction volume.
CryptoKitties in particular was praised by some of the cryptocurrency sector’s experts like Andreessen Horowitz partner Balaji Srinivasan. Srinivasan noted that CryptoKitties has demonstrated the potential of the Ethereum network to process digital asset trading in a decentralized manner, without the involvement of intermediaries. According to Srinivasan:
“It's one of the first examples of what people have been talking about for years: frictionless international trading of digital assets (not just cash) on a Blockchain.”
Difficult to replicate
But CryptoKitties was a one-time success story of a decentralized application that reached large-scale commercial success. It did so through extensive mainstream media coverage triggered by a sudden increase in demand. It is extremely rare for an app on the Ethereum protocol to achieve the level of success that CryptoKitties did.
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