Thread by @DCLBlogger

There's been some recent 6-7 figure Rare Pepe & Spells of Genesis sales.

Here's a thread on Why + What + Data + How to buy.

Pepe's may take over the internet in the coming months,

Thread 1/

2/ Disclaimer: I own ~ 7 figs of the above so be critical of this thread and always do a lot of your own research/look at critical takes etc.

NFTs/Crypto is a high risk space.

3/ What are they.

Early Art/game cards, etc on a protocol called "counterparty" built on the Bitcoin blockchain.

Basically like a mini early Ethereum.

Turns out before cryptopunks, there were many early art, game, etc experiments on Bitcoin!

4/ When you dig in you find funny meme's like rare pepe's, early art, even a card game called "spells of Genesis" which is still played today.{{ img:663988 }}

5/ These had their moment in the early days when the space wasn't as big.

So although they didn't make mainstream headlines, many argue they were significant in inspiring more games, art, experiments on future blockchains, (Ethereum, etc).

Regardless, let's look at the data.

6/ Emblem Vault has enabled people to wrap entire Bitcoin wallets and sell them on Opensea.

You can see how volume for Embelm vault has been picking up, yesterday had the highest sales volume, (~$9M), and 777 transactions).

7/ THere's an Emblem Vault Twitter Bot that tweets sales over 2ETH and it pings quite frequently.

22 hours ago it Tweeted a 200 ETH Namakoto card sale, (first rare pepe release of 300 supply) .

2-3 weeks ago these were 70-110 ETH.

8/ There was also a $1M+ sale but I couldn't find it so someone please post below if you can.

Bottom line - these things are going from "long forgotten" to signs of blowing up.

Memes + History. Hmm I think they may do well.

9/ So how do you make sense of all this?

No substitute on Diving real deep, dedicating some weekends, experimenting etc.

I might do a vid on them.

Some links below,

10/

Pepe Directory -> rarepepedirectory.com
Pepe Telegram -> t.me/joinchat/QJdrG…
Blockchain/transaction explorer -> xchain.io

Here's how to use these links,

11/ Pepe Directory shows all in existence.

Some are funny, some are offensive, some are extremely low supply, some have supply in the 100s of millions.

I would take the time to match the small/mid/high sales on Twitter Bot/Opensea on the Pepe's here.

12/ And ask the community about ones you're interested in.

After following the sales history for a while you see some trends/consistent sales.

Looks like Series 1 are quite desirable. So are those that have scarce supply.

13/ Is Opensea the only place you can buy these? NOPE.

You may be able to get them for WAYY cheaper on counterparty directly.

The other day I bought this PEPALISA for 1BTC directly on Counterparty. When there were multiple 1.4BTC sales on Opensea,

14/ How do you buy on Counterparty?

There may be different methods but this is how I buy.

1. Get a wallet on rarepepewallet.com
2. Store the passphrase somewhere safe
3. Send some BTC to it
4. Send the exact BTC amount to the dispensers to get rare pepe's, (will explain).

15/ Once you're at step 3, you can search the exact Rare pepe on xchain.io

You then click dispensers which are basically listings.

Click "view" if you're happy with the price and it pops up an address to send the BTC to.

Make sure it's NOT a fraction, not closed.

16/ I would suggest do a test on cheaper rare pepe. Pepecash you can get for like $0.08.

Make sure it doesn't look like this, (closed - meaning someone else has claimed. Also make sure there are NO unconfirmed transactions which means, someones in the process of buying it).

17/ Make sure you send the exact amount. When approved it auto sends the rare pepe to your Bitcoin wallet!

DON'T use a bitcoin wallet on an exchange.

Again, test all of the above with a way cheaper Pepe.

18/ Anyway - People are figuring out how to get early art/game items etc on earlier chains as cryptopunks basically showed how importance provenance, history and collectibility is.

Volume is def picking up, so I've invested.

Again, DYOR.

19/ Will cover this on todays Live (7pm EST every day),
youtube.com/channel/UCn_tz…