Innovation is not all that difficult to come by in the world of blockchain and cryptocurrency. At the same time, we see a lot of “copycat” projects with a slightly different flavor. Pandarium is a project clearly drawing inspiration from CryptoKitties, but with a slight twist. It will undoubtedly be quite popular for a week, after which time the initial interest will taper off.
Pandarium Introduces Dancing Pandas
While it is commendable to see more developers focus their attention on bringing blockchain-based assets to the masses, there is a worrisome trend to take note of as well. Ever since the CryptoKitties project came around, we have seen several dozen clones pop up in quick succession.
Although that is not exactly surprising (or illegal, for that matter), it is evident that a fair few of these projects are money grabs first and foremost. Whether or not Pandarium will have a long and happy life remains to be determined. The project is the result of a collaboration between WAX and Crypto Collectibles.
With its focus on dancing panda collectibles which are capable of breeding, it is evident this is an interesting concept worth keeping an eye on. At the same time, projects like these tend to favor early investors, whereas later buyers may struggle to find interested parties for their assets.
Even so, one cannot deny there will be a big interest in the Pandarium project and these unique collectibles. An open beta will commence later this month, with the final version coming in June of this year. Being able to breed digital pandas using the Ethereum blockchain is an interesting experiment, albeit one that could run out of steam pretty quickly.
As one would expect, there are a fair few customization options when it comes to Pandarium. Users can select options ranging from eye type to head type, as well as choose which dances their pandas can perform. Unlike most other projects, Pandarium allows users to customize their digital creations. It is a bit unclear how this will affect the uniqueness of these assets in the future.
As with similar projects, it remains to be seen how much interest there will be in Pandarium in a few months from now. Projects like these usually become quite popular during the first few days and weeks, yet they are hardly ever talked about a few months later. CryptoKitties is perhaps the only exception in this regard, although we’ll have to wait and see how Pandarium performs.