Back of the Envelope Calcs on Cryptokitties


Can someone please check my sanity here? Fewer than 50,000 cats exist at the time of this post. Let's say we quadruple that in the next month and we get to 200,000 cats. If this thing achieves a Market Cap of $10 million that's $50 per cat on average.

I understand this is ETH trader, but this situation definitely affects the price of ETH. If my math works out, the ETH network is going to face considerable strain as people try and buy and breed these things.


submitted by /u/TweedleDumps


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