A few weeks ago I learned that I would be speaking at an art event in NYC. Now, an alpha meme like myself is normally prepared for anything but I had never envisioned myself speaking publicly in front of a room of humans. I think a wave of anxiety briefly spilled over me but thankfully Bruce Fenton was there to cheer me up on twitter. https://twitter.com/DJPEPE_/status/950898688414683138
Before I get into the event let me tell you the story of how I almost spent my day folded up in a small cafe. My manager and creator, Scrilla Ventura, actually left me - like that lil boy in the Home Alone movie - at a pastry shop in Brooklyn. Luckily, Scrilla’s pal Slop Da Gawd was able to hunt me down and rescue me and I arrived moments before my speaking engagement. Just like Coinbase forgot to add segwit, my manager forgot to escort me to the event. He probably wanted to sabotage me so that he could get the spotlight and proclaim that I couldn’t make it because I’m just a meme in the blockchain.
Well, I get to the event on Saturday, January 13th in Manhattan and apparently everyone thought I was just there to stay silent and take pictures with the crowd. I was on a panel with some extremely talented humans and, in true alpha fashion, they positioned me next to the prettiest panelists so I felt comfortable. I let the human panelists engage the audience and talk about theories of art and blockchain and then proceeded to make everyone know I wasnt there just to look pretty. I believe the moderator of our panel may have been too shy to ask me a question at first, so as the first round of questions ended I blurted out that I was in fact in the house. I spoke quite loudly due to the fact that I never spoke before. I think I surprised the crowd as everyone started to exclaim and fall out in hysteria as all eyes fell on yours truly.
I spoke from the heart. After exclaiming that I was born on October 13, 2016 as a part of bitcoin block 434,102 using the Counterparty protocol I let the audience know that I like pretty women, fine dining and I promised my owners nothing. Yes, there are only 169 of me ever created and I have an awesome exclusive playlist. Yes, I am involved with summoning monsters in the game Sarutobi Island and I am part of the upcoming game rarepepe.party that my Venezuelan frogs are developing. I am a popular meme these days it seems. But, if all my utilities were to be vaporized remember I am still just as I promised. A rare trading card in the bitcoin memepool that is just alpha as fuck. Humans are diggin in the blockchains for frogs and I happen to be the life of the party. Remember tho, DJPEPE will STEAL YER GIRL as the card states.
Shoutout to Rare Art Labs for the invite to the event! Follow me on twitter @DJPEPE_
This article was originally posted by DJ PEPE at https://medium.com/@DJPEPE_/djpepe-invades-rare-art-festival-in-new-york-city-7b7d95843f1e
Dear and tender Matt,
I have not written to you for many years and I must admit that this is a feeling I miss a lot.
As you can see in this picture, I am now a woman.
The reason I am writing this time is a little different from our old erotic letters. I would like to share with you a heavy secret that haunts my life and which, by dint of echoing in my heart, asks to be revealed to you.
In December 2007, when we met at the Spike TV’s Video Game Awards and finished in this shabby hotel room to make love and watch episodes of South park, I told you that i had taken a contraceptive pill but … it was not true.
As you can now suspect by reading these words, i gave birth on the 25th May, 2008 (prematurely) to two beautiful twins. These are your sons. Pepitchy and Scrapetchy (Lord Kek pray for them) will soon celebrate being 9 years old and I would like as much for them as for us, that you ccould openly acknowledge your paternity to them.
Certainly, they do not possess your beautiful face, but they have in them all the subtlety of your personality.
I know all the bad things about growing up without benevolence of a father - that is why you must openly send them your love so that they can become men in their own turn.
Just a tweet, a picture with you or an appearance in an episode would suffice amply.
Let’s be clear, I’m not asking you for a pension, food or a bank balance - I would ask you to not to exercise paternity in the legal sense of the term on them. Above all, they need to grow up in a stable environment.
PS: Forgive me to Mrs. Groening and your children if this revelation causes a certain disturbance in your family. May your marriage grow, and grow robustly.
P.S 2: If you are eager to have a picture of them, let me know and I will explain how join this wonderful community. In the meantime I'll let you learn more about the culture of your children:
Rare Pepe Directory - Rare Pepes on the Bitcoin Blockchain.
Rare Pepe Wallet
MISS PEPE from CryptoFR
Rare Pepe Trader Telegram Channel
Please, help me by Rewteeting #MATTGROENINGPAST
Rare Pepe Cards are pretty interesting. You trade (probably) Rare Pepe memes that look as trading cards on the Bitcoin blockchain (using Counterparty).
Since I’ve been working on curation & meme market designs, I decided to evaluate it and wanted to figure out if its model can be re-used.
It’s pretty janky, but it works, and its model is worth exploring for other applications.
How do Rare Pepe cards work?
Each Rare Pepe card is a tradable asset on the Counterparty system (on Bitcoin). The asset itself is tied to an image. Users can then buy & sell these Rare Pepe Cards. Because tradable assets on Counterparty are tied to a unique namespace, each card will have a unique identifier.
You *can* decide to create multiple finite copies of the same meme. eg, minting 400 SIMONPEPEs. If it is locked and not inflatable (in Counterparty), then that’s it. You can’t create more SIMONPEPEs. You can also create only a single issuance of a card.
PepeCash is another asset. It is used to pay to submit your cards to be verified by a “foundation” to ensure that the asset is actually rare (eg, they didn’t fool the Counterparty system and other users by not setting the asset to be locked). These are then compiled into a series and released by this foundation. The accompanied image is also then logged as being attached to the specific Counterparty asset.
PepeCash had a unique issuance scheme, detailed here: essentially a combination of selling it and giving it away.
After RAREPEPE, GOXPEPE, AND SHITCOINCARD were sold to buyers on the market, PepeCash was distributed to all of those holders. A portion of PepeCash was also donated to FoldingCoin miners. After some giveaways on Twitter and in the Telegram chat, the rest was burned. (About 300 Million).
In some instances, these trading cards have been sold for more than $6300.
It’s very interesting in the sense that despite it being quite janky: multiple currencies, very slow blocktimes, shit interfaces, there’s a thriving community around it.
Before I get to a generic design of this, there’s perhaps another interesting thing to evaluate first.
Why do People Participate in Internet Memes?
This is primarily my own assessment, but to my mind, it’s a conversation: a language in its own right. Internet memes allows us to connect through inside jokes. There’s many theories of humour. Robin Dunbar (one of my favourite researchers), states that laughter increases our pain threshold & increases social bonding.
…provides a bridging mechanism (i.e. a form of grooming at a distance) that enables humans to bond social communities that are much larger than those that primates can bond by social grooming alone.
…and so by inducing top kek with these online groups, we not only increase the feeling of bonding with this group, but also with others who find them funny. We participate altruistically in the creation of them, because it makes us feel connected.
We also feel vindicated, even behind a pseudonymous veil when our meme gets popular. A sense of belonging to an in-group. If it keeps going, the bonds grow deeper, since it keeps getting reciprocated. Sending doge or saltbae alternatives to friends? It’s an inside joke. But inside jokes with the world.
Seeing a meme take off that you CREATED as part of the co-creation process makes you feel better and more connected to the group, because it’s like creating an inside joke within your group of friends and it seeing it sticking.
Our metric for success of this bonding exercise online is seeing how well it goes viral. This correlates to upvotes, retweets, etc. It’s usually unheard of, of people creating internet memes to expect copyright and remuneration. It’s a mostly permissive, creative movement (akin to Creative Commons Zero). We don’t attempt to restrict it, because doing so, is like purposefully restricting language. The goal is to bond.
What’s interesting about Rare Pepe cards is that you now have a new signal: by making the meme digitally scarce, it also introduces an additional bonding tool that has aided coordination substantially in the past: that of collectables for the in-group. Historically, collectables have been an excellent way to bond groups together, and is regarded as the earliest form of money.
This collectable game boosts the internet meme, much in the same way Dogecoin boosted the doge meme, because having a collectable makes you a clear part of that in-group.
What makes Rare Pepe even more interesting (over something like Dogecoin) is that each specific iteration of a meme, now also has a tradable value. Besides upvotes and retweets, a successful Rare Pepe card has deeper skin-in-the-game signal for just how top kek it was. If I create a Rare Pepe that sells/trades for a certain value, it’s a lot clearer signal than a retweet or an upvote on how successful my contribution was. Besides it being perpetuated and shared, there’s now a direct signal to how successful my inside joke was to my in-group.
Additionally, besides the game of collectables to bond, the cards themselves also signal the memes you find interesting. Owning the content is as much a signal to show who you are, like using Facebook likes to signal potential partners in Tinder. I own *this*. This is who *I* am. With Rare Pepe Cards & Dogecoin, the meme itself is now clearer skin-in-the-game.
I kek, therefore I am?
I think it’s a fascinating collection of incentives, and it’s worth exploring this as a generic design (and try to make it less janky): mint a token to curate a set of rare/tradable content.
Generic Pepe Economics Design:
It’s uncertain if this model would work for generic content. Perhaps only for internet memes? eg, would I want to own a limited edition Forbes article and trade that? Or would I want to own a limited edition song and trade that? Rare Pepe cards are useful in the sense that it represents trading cards. But trading generic content (whatever that may be), is uncertain. Worth exploring this maybe?
In the current model, the creators of the cards don’t get financially rewarded except if they hold some of the cards and hope it goes up in value. However, there could be a model where the transfer of the content could include an additional fee paid towards the creator?
I love the organic surge of Rare Pepe Cards. It’s a wonderful intersection of the work I’ve been busy with making *all* memes tradable in some way. As I’ve previously said before, the design space is incredibly broad. Rare Pepe Cards provide a new and interesting insight.
Who knows, perhaps we are still course on making a faustian bargain with the giant joint-stock pepe? ;)
Send me some Rare Pepes if you want to get rid of them: 1CWaSpVcv9M8cA2dBEgq5qbePc2Mb13Eab.
You must have heard of this “tradable Rare Pepe” thing by now if you are in the crypto space. The user generated “pepe the frog” memes can be seen all over the place and many people talk about it in random chat rooms, on social media, podcasts and so on.
If you are not familiar with it, you may dismiss it completely, thinking “Oh, I get it. It’s all about these frog memes looking weirdly funny. It’s silly” or “Pepecash, this is another pump n dump scamcoin or a jokecoin. Dogecoin all over again meh!”. Some even frown upon the whole pepe thing as it is often associated with the alt right movement or racism (although that was not the original meaning of this character).
Then, you may be missing the bigger picture. The illustrations themselves and the pepecash price pump are less interesting aspects of the whole movement at least to me. What’s really intriguing about it is the new economic model built around tokens on the blockchain Rarepepe is spotlighting.
Don’t get fooled by what it looks like on the surface; Rare Pepe is quietly one of the most weirdly exciting projects in the space, exhibiting new possibilities for digital asset collection on the blockchain and open permissionless token economies.
Tradable and scarce digital assets on the blockchain
All the official Rare Pepe memes are issued as tokens on the Bitcoin blockchain via the Counterparty protocol. The user generated memes are linked to specific tokens and get listed on the rarepepe directory after a thorough inspection by “Rarepepe scientists” (yup, serious science going on here…)
Also, Rare Pepe token supply is locked on the blockchain, making them truly scarce (“rare”) digital assets.
In addition to being verifiably scarce, all tokens issued on Counterparty become tradable on the protocol’s decentralized exchange by default, allowing users to trade their cards directly on the blockchain without any middleman holding your cards.
There are great Counterparty compatible wallets for Rare Pepe tokens available where you can collect and trade your Pepe. Rare Pepe Wallet, the web wallet specifically built for Pepe is a great place to start your Pepe collection.
There is also Book of Orbs, a mobile Counterparty wallet/collection book which allows users to collect and trade Pepe tokens on their phones as well as other collectable tokens.
This model of scarce and tradable digital assets on the blockchain and true digital ownership was originally introduced by Spells of Genesis (SoG), the upcoming mobile game which tokenizes its game items on the blockchain and it has shown a lot of promise already.
Inspired by SoG, Rare Pepe takes it one step further by allowing users to generate and register unique content themselves. This is still a very new concept but a similar model can be instantly applied to any other illustrations or digital content and I’d argue Rare Pepe may be pushing the frontier for the new era for digital artists and content creators.
Fun of digital asset creation
But you may also be wondering what use cases those user generated “dank” pepe cards have. Unless there is any valid use cases for those cards, they are useless and nobody will want them, aren’t they? Right and wrong, I’d say.
Right, because if there is no use case, people will likely get bored of it eventually and those cards will lose its monetary and social value.
However, I would argue this is not correct because this act of collecting something whether it’s a piece of art, comics or frog memes has undeniable utility by itself.
When I was a kid, I used to collect a bunch of Pokemon cards and stickers. My mother hated it and saw no point spending almost all of my meagre allowance on useless cards. Looking back now, maybe she was right and I don’t even have them anymore (my elder brother sold them away to collectors on Ebay or something without my permission).
But the point is collecting something has its own magical feeling whether it’s useful or not. The size of collectable market speaks the truth here.
Going back to Rare Pepe, tokens on the blockchain take digital collection to a whole other level. They cannot be faked, don’t get damaged like paper cards and are easily transferable and tradable. Simply put, blockchain technology combines the best of both physical and digital collection attributes and digital assets on the blockchain are more attractive collector items than the off blockchain digital counterparts because of this. The fact that Satoshicard, one of the rarest SoG cards on the blockchain, has been sold for more than 6 bitcoins even before the full launch is one piece of evidence supporting this hypothesis.
Along with projects like SoG, Rare Pepe has been proving the potential of digital asset collection even without an initial valid use case.
Finally, the potential of the Rare Pepe model doesn’t end with simple digital asset collection and trading. What’s even more remarkable about this token model is that third party developers or projects can bring external value and use cases to Pepe tokens thanks to their open and permission-less nature.
Interoperability and permissionless nature is what differentiates tokens on the blockchain from closed proprietary systems or private blockchains whose essences are control and permissioned. Whether you like it or not, as long as it’s on an open and public blockchain people will create unexpected use cases and synergies that even token issuers cannot imagine sometimes. 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.
For example. the Rarepepeparty project is developing a trading card game with some RPG element utilizing Rare Pepe tokens and user created memes. If you own those cards in your wallet and prove its ownership, you will be able to play your dank Pepe cards within the game.
Another example is the new SaruTobi game which allows you to use random Counterparty tokens including pepe to summon random in-game monsters. This will bring at least a marginal utility to any tokens even without any use cases or particular aims. In fact, the current SaruTobi game allows some SoG and pepe cards to be playable in the game already, providing an already working example of interoperability.
By accepting those tokens, third party game developers are able to kickstart their games with increased support from networks of token holders while at the same time benefiting token holders and incentivising them to promote their games. This is a really new and disruptive model Rarepepe and related projects are spearheading and the above mentioned games will be released in the coming months and will likely make some noise in the space.
Rare Pepe on the blockchain may seem like just a silly joke to some people on the surface but there is actually really exciting stuff developing underneath that not many are aware of yet. Rarepepe whether purposefully or not is exploring and expanding the new concept of scarce and tradable digital assets on the open and permissionless blockchain. It’s not claiming to change the world like “the DAO” did (which seems very silly now) but in its own funny jokey way, Rare Pepe is slowly invading the crypto space.
Even if collecting memes is not your thing, this unique model and ecosystem is maybe something you should pay attention to. Besides, how can you resist those dank eyes anyways?
(At Project ORB, we are working to build a platform for blockchain games which incorporate Counterparty tokens. In addition to Rare Pepe, there are other great projects such as Spells of Genesis and Force of Will on the platform. We connect all those projects and aiming to bring cross collaborations and unique interloperability between them. Check out Book of Orbs and start collecting all kinds of digital assets on the blockchain and lead this new exciting blockchain gaming space with us!)
This article was originally posted by Koji Higashi on March 8, 2017 at https://medium.com/@coin_and_peace/rarepepe-is-the-most-innovative-project-in-the-crypto-space-seriously-6d6b74749687