More than the course of 2017, there’s been a lot of blockchain projects, and the Initial Coin Providing (ICO) craze has been off the charts. One issue is for certain: a fantastic majority of these ERC-20 tokens and some of the aspiring distributed ledger efforts have created very tiny value, minus the gains and losses captured from speculative markets. Nonetheless, there is one blockchain project developed a year ago that has developed a robust ecosystem primarily based on a well-known web meme — Pepe the Frog.
It is been over a year considering that the Rare Pepe blockchain trading card economy was designed bringing the dankest, most rarest pepes to the cryptocurrency environment. News.Bitcoin.com reported on the launch of the initial couple of series of Uncommon Pepe cards traded as counterparty (XCP) assets more than the bitcoin blockchain.
Rare Pepe cards are generally assets created using the Counterparty blockchain similarly to the well-liked card game Spells of Genesis. Counterparty assets are held within the Bitcoin blockchain inside classic BTC transactions. These tokens or assets are diverse than the technology employed in Colored Coins, as they are not tethered to a certain BTC address or balance. This enables folks to transfer bitcoin with out affecting underlying assets like Uncommon Pepes. In addition to the technology behind these collectible cards, pepes are traded on the decentralized Counterparty-based exchange known as DEx. Utilizing the DEx exchange, users can purchase and exchange very rare pepes in XCP-denominations. Pepes can also be collected employing the Uncommon Pepe Wallet which supports XCP, BTC, Pepecash, and gift cards.
Due to the frog’s extreme reputation, the Uncommon Pepe blockchain scene has a robust community, foundation, a wallet, and a trading card directory. Given that then the neighborhood has grown substantially, and specific cards have been exchanged for thousands of dollars this year. As far as laughter and immutable Pepes that are always obtainable on the blockchain go, this grassroots community has produced far far more value than most ICOs in 2017.
“For years men and women have been trying to preserve the rarest of pepes from getting stolen — Thanks to bitcoin and counterparty we can associate these Uncommon Pepes with tokens to make them actually uncommon,” explains the Rare Pepe blockchain trading card’s directory web page.
Now Pepes can preserve their rareness and truly be traded on the market.
Blockchain-based Rare Pepes are actively traded on the market alongside the community’s native token Pepe Cash. Back in 2016 Pepe Cash was trading at less than $.000087 per token and these days it trades for $.02. Additional, as far as the collectible pepes are concerned, some cards have traded for thousands of dollars. For instance, the very uncommon card ‘Lord Kek’ (only ten created) traded for 1600 XCP or $22,720 at today’s spot rates. The very first series ‘Satoshi Nakamoto’ card (300 in circulation) has traded for $200.
The Rare Pepe Directory shows the card assets now have a total of 30 series with roughly 20 cards per set. The compendium of Rare Pepe blockchain assets now includes cards like Marty Pepfly, Pepe Punchout, Games of Trump, Pepe Soup, the Dark Pepe, Playboy Pepe and so a lot of far more. Scrolling through the complete directory of blockchain based pepes can take hours and even days to overview, as the library is not only dank but vast.
These days the community’s Telegram group has over 1500 active members sharing and discussing their extremely preferred pepe cards. Alongside this is the Rare Pepe Foundation which has acted as the wonderful protector from those attempting to infiltrate the net frog trading card ecosystem. For instance, the foundation claims it is preparing a 29-day Rare Pepe Training Conference that will give out truly uncommon certificates to the event’s participants.
“The Uncommon Pepe Blockchain Education Conference is a new type of conference,” explains the foundation’s site.
Not only will the occasion be the very first 29-day Rare Pepe blockchain training event ever, but it will be the initial 1 where attendees can walk away with true Rare certifications in the field, as properly as continuing education credits for expert Rare credentials.
Further, the foundation specifics that Rare Pepe blockchain technology is getting actively researched by economic incumbents, tech giants, and venture capitalists. Just a few hours of analysis will tell anyone this particular distributed ledger tech (DLT) primarily based on green frogs just might transform society for the far better.
So if you’re sick of hearing about blockchain projects that pretend to be backed by true-estate and diamonds, then the pepe blockchain space could interest you. ICOs that raise millions worth of ether and do practically nothing with it but party continue to come and go, but these dank trading cards will be cemented in time forever.
What do you feel about the Rare Pepe Blockchain project? Let us know in the comments beneath.
Images via Shutterstock, The Uncommon Pepe Blockchain Neighborhood, Foundation, and Directory.
Published at Thu, 23 Nov 2017 04:30:33 +0000