But the point is collecting something has its own magical feeling whether it’s useful or not. I try to really harp on that with Rare Pepe stuff because, in my opinion, the token is part of the art in that the image is just what it looks like -- that thing you're collecting. I think that's probably about what I would expect that that would have gone for.’. But you need to spend BTC to send these cards around because that is what powers the Counterparty system. the Rarepepeparty project is developing a trading card game with some RPG element utilizing rarepepe tokens and user created memes. Gaming is about instant gratification. The people who trade Rare Pepes are familiar with that tension, though they don’t see it as a reason they should stay away from the frog. PROPS ICO Overview. GitHub data at data/rare-pepes. Run-DMC Pepe. And what's really interesting with those OpenDime USB sticks is that you really can trade these digital Pepes, these digital items, physically because the whole idea is that the private key only exists on that USB stick and because you can actually see it by looking at it that it's not damaged in a way that would have revealed the private key, that it's secure and that you can basically trade it and feel good knowing that it's on there and the person can't steal it back once they give it to you. Going back to rarepepe, tokens on the blockchain take digital collection to a whole other level. Hype/Community: 9 Collecting in the Age of Digital Reproduction. The absurdity of this project is not lost on its participants. .This story amplifies the pitfalls of crypto. In my opinion, this is the biggest advantage of using tokens on a public blockchain and this type of cross collaboration has started to emerge already with Pepe. The current supply of the coin is fixed at only 700M and since each week half of the earnings from submissions are sacrificed in praise of Lord Kek, the supply is shrinking. Overall: 8 The site features about 1,600 “Rare Pepes,” with more added regularly. A business could offer the tx subscription service via 2 of 3 multisig and a server that constructs txs on demand for users to sign, it is not incredibly difficult. They are essentially saying “you have to have this token that goes with this art piece” because they're trying to take that physical art and make it digital; whereas Pepe kind of switched that whole thing on its head. You pointed out a lot of the reasons but the long confirmation times and latency make it challenging for a non infrastructure app to thrive IMO. This interview took place very early in the life of Rare Pepes. There's so many things you can do because it's like, what can you do with a physical piece of art or collectible or trading card. Prototype/MVP: 5 Really interesting that Pepe cash itself is also a rare and a potentially “collectible” asset. Because it's already in crypto, it's just easy for them to buy other CryptoCollectibles. All it takes is an original image and a fee of 200 Pepe Cash — about $11 as of Monday afternoon. There are also several exciting PepeCash-only features being planned, such as an entire exchange based off PepeCash and a Pepestarter crowdfunding platform. To be honest, I don't know if I heard someone talk about it or something or if I came up with it. In those cases bitcoin could be a viable option. The jury is still out on how “reliable” Ethereum will be whereas Bitcoin has been proving itself (pun intended). At least one company, Spells of Genesis, explored the creation of digital trading cards tied to the blockchain before the invention of Rare Pepe Wallet. Public sale Date: 13th December, 2017- 15th January 2017. I have a Big Red Car (1966 Chevrolet Impala Super Sport convertible), not a “red car.”Big Red Car has a top end which exceeds 120 mph. So I'm not crypto-retired because I have to be responsible because I'm a parent. We are back from the long hiatus.
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