Meme pioneer launches NFT lolcats on OpenSea

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Meme pioneer launches NFT lolcats on OpenSea

The unique “I Can Has Cheezburger?” meme has turn into the newest image of well-liked tradition to be immortalized as an NFT.The meme’s creator, Er



The unique “I Can Has Cheezburger?” meme has turn into the newest image of well-liked tradition to be immortalized as an NFT.

The meme’s creator, Eric Nakagawa, introduced his foray right into a collection of lolcat NFTs on Feb. 23. “Completely satisfied Cat” — the crown jewel of Nakgawa’s NFT launch — is being auctioned on NFT market OpenSea, with the best bid presently sitting at 0.25 ETH.

The 10 piece collection, titled “No Fries At this time,” contains early lolcat memes and meme-inspired art work. Some proceeds of the gross sales might be donated to charitable organizations, together with the American Society for the Prevention of Cruelty to Animals, the Web Archive, and the World Wildlife Basis.

Every NFT consists of the backstory explaining how the meme it represents was initially created, with Nakagawa stating he exhumed picture recordsdata from his “historical private archive” for the collection.

Whereas Nakagawa tells Cointelegraph that he “undoubtedly jumped the gun on Completely satisfied Cat,” he says he has a few different collections rearing to be launched.

NFTs have been on a tear throughout 2021, pulling $60 million in every day gross sales on Feb. 23, with many well-liked tokens drawing inspiration from well-known memes..

A NFT model of “Nyan Cat” — the closely memed video of a flying toaster-shaped feline — bought on Feb. 21 for almost $580,000, on the Basis market app.

In January, American collectibles large Topps launched a collection of caricatures primarily based on a meme-able image of Bernie Sanders, promoting 8,876 packs of NFT playing cards over a 3 day sale.

Nakagawa isn’t any stranger to cryptocurrency, presently working as head of Open Supply within the Blockchain division of Novi Monetary — the Fb subsidiary overseeing improvement of its crypto asset challenge, Diem.

After co-founding the favored image sharing web site icanhascheezburger.com in 2007, he briefly joined Ripple Labs as Director of Development in 2013, earlier than taking a place as Startup Outreach on the Dogecoin Basis the next 12 months.

Whereas working with Dogecoin, Nakagawa organized “doge4water,” a fundraiser that collected 40 million DOGE for a Kenya-based charity — price $33,00Zero on the time.