The “trader” behind many popular projects, Bitcoin NFT project NodeMonkes is facing strong gains

php Editor Zimo NodeMonkes project is one of the hot projects that have attracted much attention in the Bitcoin NFT market, and the traders behind it are experiencing strong gains. This project has performed well recently and attracted the attention of many investors. The successful experience of NodeMonkes deserves an in-depth discussion in order to better understand the development trends and investment opportunities of the NFT market.

With the support of many factors such as the team background and the attributes of the golden shovel, the price of NodeMonkes has repeatedly hit new highs and is considered a strong competitor for Bitcoin's NFT leader. So, with so many small pictures competing on the same stage, how did NodeMonkes quickly gather community consensus in the short term and occupy a place in the hot Bitcoin market?

"NodeMonkes is not an institution, movement, council or DAO and has no utility, roadmap, events, merchandise, etc., but loves to try and create cool stuff and enjoy them." Logged in as the second The Bitcoin project of the well-known auction house Sotheby's, NodeMonkes is the first original 10K PFP series on Bitcoin, with a total amount of 10,000, launched by anonymous members Nodetoshi and Monketoshi. Among them, 80% is used for auctions, 10% is used for communities, contributors and developers, etc., and the remaining 10% is reserved by the team and the corresponding address is made public.

Magic Eden data shows that as of February 26, the floor price of NodeMonkes exceeded 0.4 BTC, surpassing Ethereum’s “mutated ape” MAYC, with an increase of more than 150 in the past week %, and the total transaction volume reached 1,900 BTC.

Behind NFT’s rapid fame, team background is an important factor, and NodeMonkes seems to have a “strong banker”. In addition to being the founder of the popular Bitcoin NFT Bitcoin Rocks, Nodetoshi may also be the "controller" of the Bitcoin rune project RSIC. According to an article by Ordinals contributor @ordjingle, the parent inscription of the RSIC rune distribution system is Inscription No. 126 and BitcoinRocks 162 The casting funds for No. Inscription came from an address. He also revealed that Nodetosh was one of the three early members of the founding team of Ordinals, but later left for some reason. Simply put, the team at NodeMonkes are seasoned veterans.

The release of NodeMonkes has also gone through many "episodes". After NodeMonkes claimed to have chosen to reject VC's $5 million in financing and chose to launch the project in the form of Free Mint, it gained good market attention. However, it later changed its sales method many times, from whitelisting, donation to final Dutch auction. The capriciousness also triggered FUD in the community, which also caused the original Dutch auction price of 0.21 BTC to be finally sold for 0.03 BTC after about 30 hours. The team obtained about 240 Bitcoins (worth about US$10.49 million at the time). Sales revenue. Judging from the on-chain data, the NodeMonkes team has not sold off its NFT assets and auction funds so far.

In addition, the properties of the golden shovel are also one of the important factors to consider in the value of NFT. According to public information, the past included airdrops of multiple projects such as RSIC, NFT lending protocol Arcade. Welfare.

The strong rise of NodeMonkes can be traced, whether it is the strength of the team or the value empowerment of the project. As similar projects continue to emerge, Bitcoin's position in the NFT ecosystem will become more stable. This development trend will further enhance the role of Bitcoin in the NFT market and provide strong support for the prosperity and development of the entire ecosystem.

The above is the detailed content of The “trader” behind many popular projects, Bitcoin NFT project NodeMonkes is facing strong gains. For more information, please follow other related articles on the PHP Chinese website!