"Hmph, is it pineapple this time? Is Defi mining finally going to expand to the NFT field? It's nothing new." He said so, but his body entered it honestly.

secondary title

First look at the cards on MEME intuitively---full of meme culture.

On the left is the "Aoben Satoshi" incident recorded (ridiculously), and the words FAKE are pasted on Aoben Satoshi's head, and the neck will be twisted by the person who symbolizes the Bitcoin community.

The record on the right is the grievances and grievances between sushi founder Chef Nomi (Twitter profile picture is Panda Chef) and FTX founder SAM, because Chef reneged on his promise and sold the sushi in his hand, which led to criticism from the community, and Sam expressed his willingness at this time The willingness to take over, I didn't expect Chef to really give the coins to Sam. In short, on that hot weekend, the two of them staged a bloody drama with ups and downs in the currency circle.

These three are the new Uniswap founder Hayden Adams series. The left, middle and right are common, rare, and legendary cards. Common and rare card faces refer to an expression from the well-known cartoon Rick and Morty:

The difference is that Sam, whose eyes were plucked from the ordinary card, said on the card "Giving them free money, and grab them back slowly - that's how we grow as DEXs" (give them money (make a friend), and then slowly Cut back, this is how we develop as a DEX), it can be said to be very real.

The eye of the rare card is MEME's pineapple zombie anthropomorphism, with the well-known catchphrase "Few understand this" on the card face. Very mean.

The legendary card is Hayden Adams himself riding a unicorn that symbolizes Uniswap, smiling and looking at the destroyed sushi in the upper right corner.

Instead, I prefer the common cards in this set, which are very dark and ironic.

MEME's genesis card pool is composed of these well-known figures who record the currency circle (mainly Defi at present) and the hot events that happened at that time. Not only has it become a popular testing ground for celebrities in the currency circle, the current popularity is well-deserved is YFI founder AC, 10 legendary cards to 1000 ordinary cards have been exchanged. The most embarrassing thing is CZ. The legendary card has not been exchanged for a single one. Considering that DEFI is home after all, it is understandable. (Is it true that no one considers sending one to CZ to ease the embarrassment?)

MEME also records the history of DEFI in an extremely playful way. It is easy to imagine that a few years later, when the old leeks see these cards, they can immediately think of everything they experienced on Defi in 2020. At that time, MEME is likely to be a history book of DEFI. (Looking forward to AC's EMN hacking incident being recorded, it's too performance art)

Afterwards, MEME opened a card pool for artists, expanding from DEFI memes to the art NFT field. The first issue is a set of pineapple-themed works created by digital artist SvenEberwein, which is very interesting and meaningful.

The picture on the left is a whole process from ordinary pineapples to inflated pineapples to shriveled pineapples, named shitcoin cycle (altcoin cycle).

The picture on the right shows a pineapple who wanted to hit the wall with his head but was bounced back and finally fell helplessly on the ground. The name is Crashtest (because it will) (crash test (because it will come)). They are all very real works.

There are too many details, and interested readers can go to the official website Dontbuymeme.com (yes, it is such an ironic website name, daily persuasion is community culture) to dig.

When I saw these, I didn't think about NFT, art right confirmation, Defi, selling money to make the difference, and so on. There was only one thought in my mind:

I want to own them! ! !

This primitive desire is the same as when I was a child, I went home from school every day and went to the canteen to buy a few bags of raccoon collection cards from the Water Margin. I just wanted to collect them all, and I just wanted to show off to my classmates. Specifically, whether this thing is limited, and whether it can add value in the future, I didn't think so much at the time.

I think this is the difference between digital art NFT and DEFI. NFT may be attractive, while Defi is full of emotional calculator investors.

This is also the most frequently asked question about NFT. What is its use? Can't right click to save? Isn't it air?

Asking this question, the implicit condition is whether the self-substitution will buy these NFTs, and make yourself a passionate friend! You are not the receiver of these NFTs at all.

Works of art, whether they are traditional or digital, even if they are air, they are priced at a niche price.

Niche pricing! Niche pricing! Niche pricing! (Say important things three times)

Niche pricing means that it is priced by a certain circle of rich people. Key words:Small circles, rich people.

For example, this little raccoon's Outlaws of the Marsh, can you understand that this insignificant crab treasure sells for 6666 yuan?

Another example is this, the rarest Charizard card in Pokémon, which sold for a sky-high price of 195,000 US dollars at a New York auction. Do you understand?

If you feel unreasonable when you see these things, you may think that the market with the smallest price is normal, that is, the traditional art market.

Picasso's "Women of Algiers" sold for 179 million yuan, and Modigliani's "Side Nude" was bought by Liu Yiqian for 170 million yuan in 2015.

The richest people in the world have built this market together, and it only takes a few people to manipulate the price of a painting to keep it at a high level.

Scarcity? Show off your wealth? art value? Historical Value? Joint hype? Money laundering function? Store of value?

This is one of the reasons for their price increase, butAt the core, this is a niche market, and at the same time, the richest people in the world hold the pricing power.

Most people neither have goods nor plan to buy, so their opinions have no effect on pricing.

The little raccoon is, the Pokemon card is, the coin card is, and the artwork is even more.

It is not because NFT is related to the blockchain that digital artworks will be different, but they are actually the same.

For example, for this work, the recent auction price in the marketplace was $15,305.

This piece of heart feeling has been auctioned on superrare to 30ETH.

Who is buying it? Is it someone who speculates around us? Are you a calculator investor? Is it a miner participating in the two-pool game?

In fact, I don't know who it is, it may be a rich player like Whale, which is why NFT helps the blockchain to break the circle and attract traffic.

Those who know know everything, and those who don't know gradually understand.

Therefore, the concept of NFT itself does not actually connect the traditional currency circle and the mainstream art circle.

But MEME has created the possibility for the two to connect, which is all due to the minimalist and fair mechanism of MEME.

Simply put, the MEME mechanism is to pledge MEME to obtain intermediate settlement points called pineapple. Pineapple can be exchanged for NFT on various platforms, and NFT can be sold on OPENSEA.

At first glance, the mechanism of MEME mining NFT is the same as that of Defi mining, but it has made three changes:

• A single pool can pledge up to 5 MEME, and dig up to 5 pineapples a day

• Pools with different themed cards are designed. Pineapples cannot communicate with each other in different pools, and pineapples themselves cannot be traded.

• Only by patiently waiting for the specified time can the corresponding NFT be exchanged. The rarer the NFT, the longer the waiting time.

What is revealed under this minimalist mechanism isfair, fair, or tm's fairness.

So retail investors also have the opportunity to obtain the works of well-known artists in a fair way, and then sell the precious art cards to big investors.

This is the real bridge between the Defi fellows and the works of art --- the fellows use the familiar way of prostitution to obtain unfamiliar works of art, and the rich pay for them skillfully through unfamiliar payment methods in the currency circle.

There are few ways to cheat other than waiting for the pineapple to slowly scoop out.

secondary title

secondary title

MEME currently has 4 pools, 2 founding pools, 1 artist pool, and 1 event pool. The pineapples in each pool cannot be shared with each other. It is conceivable that in the future, the pool is infinite, but your meme is limited. If you dig out more precious cards with limited resources, it becomes a strategy game. There are two main layers I can think of at the moment:

1) MEME's allocation of pools:

Even though the upper limit of a single pool is only 5 MEME, but at the current unit price of 700 dollars, it is still expensive to plant a full pool. So there is a choice of which pool to dig. In most cases, just choose what you like. Of course, for large households, each pool is full of 5 pineapples, and sub-address types are standard.

2) Pineapple's allocation of cards:

A pond can grow up to 5 pineapples every day, so how to distribute them is naturally a problem. Do you dig out old cards, or wait for new ones? Do you wait to dig the most expensive card, or dig out the rarest card in advance? It's all trade-offs. For example, the newly released artist pool has a total of 4 cards. If you want to grab only 10 of the rarest cards, you not only need to rush in first, but also need to harvest them immediately.

For the top 10 addresses, there is naturally a competitive strength. But if it is not in the top 10, you will encounter a dilemma, whether to wait 3 days to grab the rarest card. Because once you wait for 3 more days, the sub-rare cards with a limit of 100 may have been exchanged. If you haven’t grabbed the rarest one at this time, you may miss even the second-rare cards, and you will lose your wife and lose your army. Of course, the heat is not high now, and the competition is not fierce. If the heat rises in the future, it will be more difficult to choose an exchange strategy.

secondary title

People who follow dramas know the fun of following updates. Every day during this week, I am looking forward to what new card MEME will release today, which artist it will cooperate with, and what new pool will be released. Looking forward to turning into attention on Twitter, and the daily interaction of the team on Twitter can always surprise people. For example, in the picture below, Sven, the author of the first artist pool, hinted that the next artist will be Pak.

Who is Pak? It was only at the beginning that I checked and found out that it was a digital artist big V. Lianwen just reported on him "Who is Pak?" Listen to the muse of digital art talk about the bottleneck of encrypted art and the way out of the circle".

https://www.chainnews.com/articles/620437341573.htm

The work that cost 15,000 dollars just now was actually created by him:

At the same time, he is also the founder of Archillect, an art AI public account with over 2 million followers on Twitter.

This tweet is also one of Elon Musk's 97 followers. And last weekend also saw the cooperation and interaction between Musk and Pak.

Hmmmm, when I think of the possibility that the next artist pool may be a big guy like him, the key is that I may be able to prostitute for free.

Can whoring for nothing! Can whoring for nothing! Can whoring for nothing! (Say important things three times)

Follow up to learn more about the latest cooperative card dynamics, learn about artists, prepare the distribution strategy of pineapple in advance, and slowly enjoy the moment of waiting for the favorite card to be collected and transferred to the wallet.

I would like to call the aboveMEME fun trio up, ah, I'm fine.

And the meme that brought me such pure joy was actually (as expected) an unintentional project.

Founder Jordan Lyall is the head of defi products at consenSys. At first, I was disgusted by various meme projects like sushi, kimchi, etc. I thought it was sad that everyone was driven by high APY to mine air meme coins. So he said on August 15th that he would launch a fictitious DeFi project called "The Degenerator" (which can generate a DeFi project in 5 minutes), with only one purpose: to despise the DeFi MEME projects that were launched in the market in a short period of time.

Later, it got out of hand (unsurprisingly), the community helped him distribute the MEME coin he hated the most, and completed the airdrop. He thought it was fun and wanted to do it officially. I feel that this is a performance art in itself, so I chose the direction of combining Defi and NFT (mainly because the products in the original screenshots are a bit difficult)

This unintentional opportunity, Dontbuymeme's early cultural atmosphere and community cohesion and continuous innovation capabilities, as well as the technical realization capabilities of the founding team engineers. It is determined that MEME, as the leader of NFT and the creator of this wave of short mode, can only be resembled in shape, not in spirit.

secondary title

my favorite isMEME's Patience Mint concept.

The why not and unregulated characteristics of the currency circle itself make it inevitable to be labeled as social Darwin, accelerationism and other labels. It means that the blockchain itself is fast, which is especially prominent on Defi, sleep? What is sleep, don't delay me to grab the "unaudited head mine".

In MEME, apart from the fact that the team must maintain rapid innovation, the user end is slow, mining is slow, harvesting is slow, waiting is slow, and even the value-added of artworks is slow. Let us have the opportunity to slow down and enjoy the changes brought by the blockchain to our lives, and occasionally make a small fortune instead of just being a "farmer". This may be what the public needs.

This is very interesting. Fortunately, the iteration of the currency circle is fast enough to allow MEME to record slowly.

Never a dull day in crypto

MEME didn't give me a suite, but brought me back to my childhood when I collected little raccoon cards. Of course I would prefer to look back on my childhood in the house