While almost all Crypto players are waiting for Bitcoin to hit a new all-time high, almost all NFT players are also waiting for NodeMonkes to hit a new all-time high in Bitcoin-based pricing. The first Bitcoin NFT series in history with a unit price exceeding 1 Bitcoin, NodeMonkes is almost certain to happen in everyone's expectations, and it is destined to happen.

NodeMonkes

It only took NodeMonkes more than two months from its birth to becoming the top 3 NFT project in the Crypto world by total market value. Two days ago, according to @punk9059's tweet, the total market value of NodeMonkes has exceeded 5 100 million US dollars, surpassing Pudgy Penguins and ranking only behind CryptoPunks and BAYC.

(Picture source: @ punk9059)

Yesterday, an NFT player spent 53.452 Bitcoins (about 3.25 million US dollars) to purchase 6 "alien" features NodeMonkes. Amidst the clamor of ETH NFT players shouting "ETH is dead" and rushing into the Bitcoin market, no one seems to be much surprised by the news from NodeMonkes.

(Image source:@CirrusNFT)

Looking back on the journey of NodeMonkes in less than 3 months, I believe you will also sigh, "Every time comes and goes with the same force, but heroes are not free when they are destined."

Born from controversy

On December 23, 2023, after about 30 After an hour of auction in the Netherlands, NodeMonkes was finally sold out when the price dropped to 0.04 Bitcoins, and the project team finally received about 240 Bitcoins in sales revenue.

NodeMonkes first caused huge discussion when it announced that it had rejected a $5 million investment from VC and insisted on being a Free Mint project. However, the popularity of the project continued to increase, and the project team continued to change the sales plan and reneged on previous commitments. From claiming Free Mint and no whitelist mechanism, to announcing that it will adopt a whitelist mechanism and fee-based minting, to all Dutch auctions without a whitelist, its claimed $5 million investment has also been questioned.

Many early Ordinals players were quite dissatisfied with NodeMonkes' repeated jumps during the launch stage - of course you can make money, but it's a bit too ugly to watch. Moreover, early Ordinals players were obsessed with the “fairness”, “free” and “sincerity” of the Bitcoin ecosystem. It is precisely because of this that Dr. Jin Dog (@ordjingle) voluntarily resigned from his position as NodeMonkes Mod.

Later, NodeMonkes announced that the minting revenue will be deposited into a platform hosted by Bitcoin Mining CEO @hash_bender, Taproot Wizards CTO @rot13maxi, Mining Galaxy VP @bitcoinbeezy and others The formed multi-signature wallet has partially quelled players’ doubts about the project. But not long after the sale was completed, another wave of ups and downs occurred. On December 24th, NodeMonkes experienced an uneasy Christmas Eve - Discord was hacked...

After nearly 3 weeks of struggle, NodeMonkes Finally decided to set up a new Discord server. During this period, NodeMonkes held an auction at Sotheby’s, and the “hammer” was eventually sold for $9,525.

At this point, the controversy about NodeMonkes ends It's basically over. What really detonated NodeMonkes next was its “strongest shovel” effect.

"The Strongest Shovel" and the Mysterious Founder

This round of Bitcoin NFT performance The best assets can actually be summed up by the word "shovel". One is the Rocktoshi series and the other is the Bitcoin Puppet series. Although you may disagree, NodeMonkes dug into the roots of Bitcoin Frogs and stole the unique narrative of "the first original 10K Bitcoin NFT series." Or maybe NodeMonkes is the first project to catch the attention of ETH NFT players on a large scale and really like the art style. But I think the current Bitcoin NFT market is a bit accelerating to follow the old path of ETH NFT. Assets that can "earn interest" are good assets. Think about the BAYC and CyberKongz on ETH?

On January 22, “Rune Miner” RSIC was quietly airdropped into the hands of a group of Bitcoin NFT players. One of the player groups that will benefit the most from this airdrop is NodeMonkes holders. Active addresses holding NodeMonkes even received up to 5 RSIC airdrops.

The price of RSIC basically broke through 0.01 Bitcoin at the opening, quickly rose to 0.05 Bitcoin 2 days later, and then fell back to 0.03 Bitcoin and remained stable. Entering February, RSIC has basically been rising all the way, breaking through 0.1 Bitcoin at its peak. The current floor price is still above 0.1 Bitcoin, and is on the verge of hitting a new high.

RSIC historical trend

RSIC not only created a wave of "rune" projects, but also opened up NodeMonkes' "Ren and Governor". The "shovel" effect of NodeMonkes began to be activated, and soon became a Bitcoin NFT. The "strongest shovel" in the project.

Who made RSIC? This goes back to the concept of "Rocktoshi series" we mentioned at the beginning of this chapter. Because the funding sources for burning Ord Rocks (a very, very old Ordinals project, similar to Ether Rocks on Ethereum) and RSIC point to the same address - bc1pce53d78cuyw4fkuhh95ppc8h8v4wjc00nqulj2gff2474qg0xyns9krcq5.

In addition, NodeMonkes is the biggest beneficiary of the RSIC airdrop, so many people in the Ordinals ecosystem believe that Rocktoshi is the operator behind the three projects of Ord Rocks, NodeMonkes and RSIC. .

Players who have made money must love Rocktoshi very much, but if you look at the overall Ordinals ecosystem, his evaluation is not so good. At least, in his previous Beef with another Ordinals big V @cbspears, no Few people chose to side with @cbspears. In January, @cbspears accused Rocktoshi of trying to blackmail and threatened to sue him in the past six months. He even bluntly stated that NodeMonkes is Rocktoshi's project, and expressed his dissatisfaction with Rocktoshi's continued use of the wealth and influence he earned to attack others. Worry.

(Picture source: @ cbspears)

Perhaps people who are capable of making such a successful project will have some "artist qualities" in their personality. This may be the kind of quality that inspired Rocktoshi. .

On the last day of last year, after I used my Twitter to criticize NodeMonkes for its "repeated jumps" during the launch phase, I unexpectedly received a message from NodeMonkes. Official private message. I don’t know if the person across from me was Rocktoshi, but he expressed his dissatisfaction to me, saying that NodeMonkes was not released to make more money, and that NodeMonkes was “a victory for Ordinals.” Firstly, I was surprised that a person with little influence would receive private messages. Secondly, I felt that my attitude had never changed and would never change, and I was a piece of shit...

For example, there may be Rocktoshi behind the screen The man said, "Let's go." Although my attitude has not changed, and this attitude has prevented me from ever thinking about buying NodeMonkes, the prosperity of the Bitcoin ecosystem is already before our eyes. Ten thousand years from now, these will be trivial matters that will not be counted as dust. There will be no trace. For me, I think this article also keeps my promise in this conversation, not judging NodeMonkes with any subjective emotions, but just telling some stories faithfully.

Conclusion

There is no doubt that NodeMonkes is currently the most successful Bitcoin NFT project.

At the narrative level, it has unique narrative scarcity. It is impossible for another project to take away the "first original 10K Bitcoin" exclusive to NodeMonkes. NFT Series" tag.

On an artistic level, it allows ETH players to change their view on the Bitcoin NFT ecosystem for the first time. At least in my observation, NodeMonkes is the first to attract large-scale ETH players, and allow ETH players to express "I will buy" the project.

In terms of "creating wealth", RSIC was a great success. It not only pioneered the "Rune" project, but also attracted a large number of airdrops for NodeMonkes. It also makes its community full of expectations for Rocktoshi, becoming the "strongest shovel" of the Bitcoin ecosystem in one fell swoop.

No matter how the Bitcoin NFT ecosystem develops in the future, NodeMonkes has left a mark in the history of Bitcoin NFT.

However, would you have thought that the rise of Bitcoin was so fast and so fierce, and that the small picture would be in such a situation with FOMO?

"Every time comes and goes with the same force, and heroes are not free when they are transported."

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