Awesome story! Really cool to learn about these kinda crypto "underground" stories.
I wonder, could the original OLGA NFT still be sold in theory?
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Awesome story! Really cool to learn about these kinda crypto "underground" stories.
I wonder, could the original OLGA NFT still be sold in theory?
Thanks for the encouragement.
JP Janssen has the 1/1 so he could sell it, but he probably has no intention of doing it.
He did create an OLGA token for DogeParty, which was also made in June of 2014. It is divisible, and there are 1000 tokens. The image data was added in 2022 and is a beautiful shimmery color photo of him and his girlfriend/wife.
What is so interesting to me is this guy basically created NFTs, both the 1/1, the 1/N, and the NFT project where people get dividends or part ownership in something for holding tokens, and almost nobody knows he exists outside those in the crypto underground.
Dogeparty is a story for another time. I always laugh when people say Doge is irrelevant because I know they are unaware that some of the earliest NFTs in history were created on DogeParty.
You are welcome!
I remember when NFTs became a thing and just started popping up everywhere but nobody was asking who came up with the idea - at least I don't remember reading about it. They just appeared and people went crazy.
I think in the future when the dust has settled, people start searching for history of tech inventions and become interested in stories like these.
Have to bookmark this, I have a feeling I need to refer to this at some point.
Thanks for sharing, great post!
Thank you. I appreciate it. I kind of like the geeky historical and obscure stuff about crypto, so that kind of story got my interest.
They will never be as flashy as stuff like Bored Apes or CryptoPunks, but for collectors with deep pockets owning some of these gems will come with a big payoff someday.
The way I see it, OLGA could have much more value in the long run because of it being a frontrunner. Hard to tell what happens to Bored Apes & Crypto Punks, should they also have historical value or are they replaced by another trendy NFT hype?
Crypto Punks are historical in their own right, and they've inspired a million derivatives. It's wild how many Punk projects there are. Stampunks. PridePunks Phunks,Bitcoin Punks,Dogecoin Punks,Pipe Punks, ETH scriptions Punks,Cursed Punks and probably a million others.
Seems like the first thing to drop on any new chain or protocol are copy/paste Punks collections.
I still don't get why V1 Punks are worth less than V2, especially considering V1 have an older contract.
BAYC have made their way into crypto cultural history, but since they're from 2021 it's hard to say what will happen to them long term.
I remember Punks also on SmartBCH?
I wonder about the urge to replicate that on every chain... perhaps that just tells us how little the actual art matters when talking about NFTs. Instead of coming up with something unique, people see more value in well-known stuff.
That's a good point.
I had this dude I met in Discord during the early months of Ordinals who made 7 figures flipping random crap and that was kind of what he said.
Rarity traits don't matter. Originality is overrated. Just buy a bunch of what people like and sell it to them at a higher price.
Punks are popular. They're on every chain. People love them.
The interesting thing about Bitcoin Punks was that they were a totally grassroots project. Somebody set up a basic website with the links to the byte perfect image of crypto punks and if you were savvy enough to have a full node and Ord set up or trusted someone to do it for you it costed maybe $3-5 to have a byte perfect Punk.
The grail traits like zombies, apes, aliens or hoodies sell for north of 10k, and the floor punks go for around $1k.
Stampunks were the same.
Ethscriptions Punks...
They are popular, and they sell.