Thread by @davincithreads

1/"The Opepen Opportunity"

Is this the right collection for you?

Everything you need to know in 1 🧵

2/Inspiration

The #OpepenEdition is inspired by @batzdu Geometric Pepe Series

which is in turn inspired by Pepe Creator @Matt_Furie

3/Mint

Created by @jackbutcher on Jan 8th 2023

Opepen was a free 60 minute OE that sold 16k pieces

4/Opepfp

On Feb 21, Jack announced he was working on a 2nd phase of the project

Speculation was rife within the community with the Opepen floor pumping to 0.8 Eth

Yesterday we received confirmation the next stage will be a PFP collection

5/PFP Ideals

Jack believes PFPs are the best digital real estate someone can have and wants Opepfp to represent:

🔸Opt-in to a set of permissionless creative values
🔸Unique Identifier
🔸Art

6/Values

"If Checks is what and why, Opepfp is who"

The Jack Butcher ecosystem has the following values:

🔸Decentralised Consensus
🔸Permissionless Building
🔸Collector Agency
🔸Emphasis on Provenance
🔸Essentially Free Mints

7/Principles

Jack accomplishes this in practice with the following principles

🔸Building in Public
🔸Constant Twitter Communication
🔸Open to feedback and iteration
🔸Transparency
🔸Innovation

8/Benefits

This encourages

🔸Public dialogue and increased engagement
🔸Community participation
🔸Derivatives
🔸Increased Web3 Mindshare

9/#ChecksVV Involvement

Jack noted the following

"The most important thing to get right for me is the relationship between this work and Checks

It is an opportunity to extend the work already done, but needs to be done very thoughtfully"

Checks Info:

https://twitter.com/davincithreads/status/1620215919434948608?s=20

10/Checks influence on Opepfp

No Checks requirement but ownership will be considered and reflected where it is the case

Checks supply and mechanics remain unchanged

11/Permissionless Creativity

"By setting recognisable constraints, we maximise the likelihood of permissionless extensions"

We have already seen a few great examples from the community

12/Checkcade

@Markamedia has done excellent work turning Checks and Opepen into a suite of games

This gives utility to the community while also spreading the meme

https://twitter.com/markamedia/status/1636460249619259392?s=20

13/Opepefy

@Visualzare has created a tool with the ability to Opepfy any image or text

As with Checks this now allows the Opepen symbol to be spread by anyone

https://twitter.com/visualzare/status/1636467874989481984?s=20

14/Opepefy Impact

The tool allows Opepen to unite disperate NFT communities in 3 clicks, as anyone can Opepefy their PFP

Over the last 2 days we have seen pfps, art, photos, textures and sketches as inputs

15/CC0

What makes these creations notable are:

🔸Tools built permissionlessly by the community
🔸Made in alignment with the ethos of the Creator

Jack is creating a base meme layer for the internet economy

16/Meme Proliferation

This image shows a small number of outputs since Opepefy was launched

You can see how quickly the meme is spreading as it unites NFT communities

Source: @jhekub

17/Predictions

Check Editions reflect current memes through changes in metadata

Jack previously tweeted that Opepen is the "Check Collectors PFP"

I believe Opepen will have the ability to Opepefy Checks metadata to create an Opepfp on the blockchain

https://twitter.com/avsinghETH/status/1636615119747596288?s=20

18/Game Theory

Since the metadata is constantly changing holders will have limited time to burn Opepen for a specific Opepfp

The impact of the event captured and future popularity will determine the Opepfp's value

This equals provenance

19/Relevance

The constant updates to reflect new memes in the metadata and on social media will ensure both collections garner attention and relevancy

Sub communities will naturally form around Opepfps created due to specific events causing buy-in, engagement and UGC

20/Compounding Memes

Opepfps will be built on the backs of the Pepe and Check memes while also incorporating current events

With Jack Butcher at the helm I predict the meme spreads like wildfire

And we know whatever captures attention garners value

21/Newsletter Announcement

This may or may not be notable

I will be releasing the 2nd Edition of DaVinci Letters tomorrow on Jack Butcher

If you are interested subscribe for free below

davinciletters.substack.com

22/Team to follow

@jackbutcher @jalil_eth @traf

23/Prominent holders

@avsinghETH @0xDigitalOil @tylers_nfts @Henwi98 @tonyceroli @Money_Mitch_88 @0xGanon @penguin_curator @NFT4U_ETH @supDeoji @ethersole
@DonAplas @BjrcProfit @KingSHSB @mitch21222
@DeboisMaurice @cryptocoffey7 @SlamDiegoZoo @jjjjpegs @0xAg3nt @MetaCityMike

24/Holders continued

@RhonBell @pordede @SnareSZN @Hombreai @faxx_eth @spirouzi @GotrillaGorilla @dtrain22k @Vecktooor @hotlneblng_ @OGDeathBot @jpgkingpin
@pat_whitenoise @AlexandWeb3 @cs_woods @_TeeJJ_
@poont4ng @dgoldzz @gretz4thewin @SupremeCROnos @RumiMunawar @itchygang

25/TL;DR

1. Inspiration
2. Mint
3. Opepfp
4. PFP Ideals
5. Values
6. Principles
7. Benefits
8. Checks Involvement
9. Checks influence on Opepfp
10. Permissionless Creativity

26/TL;DR cont

11. Checkcade
12. Opepefy
13. Opepefy Impact
14. CC0
15. Meme Proliferation
16. Predictions
17. Game Theory
18. Relevance
19. Compounding Memes
20. Newsletter Announcement

27/Thanks for reading ❤❤❤

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