Because the abundance of non-exchangeable code projects generated by the algorithm reduces the digital scarcity premium, digital history and being “on the first” has become a more reliable source of value. as a result of, Long-forgotten projects were discovered by serial detectives, and they may have found gold yesterday in what appears to be their greatest discovery..
At 7 a.m. UTC on March 12, a Twitter user and NFT collector “ETHoard” posted a short post about what Second non-exchangeable holdings project launched on Ethereum and MoonCats.
Although it may not be as satisfying to the eye as the recent #CryptoCats discovery, after this eruption occurred, I began to search and found #MoonCatRescue. Cryptopunks is also inspired, and it really predates CryptoCats. / 1
– ETHoard (ETHoard) March 12, 2021
Although it might not be as easy on the eye as the recent discovery of #CryptoCats, I started digging after I hit #MoonCatRescue. Cryptopunks is also inspired, and it really predates CryptoCats.
According to Etherscan, Mooncats contract is 1,310 days old and was first written in Ethereum on August 09, 2017. This means that MoonCats are three months ahead of Crypto cats, The NFT project is credited with the popularity of NFTs, and it’s also slightly newer than CryptoPunks, Ethereum’s original NFT project.
It didn’t take long for users to figure out how to do this Interact with contracts manually through Etherscan, as site has already disappeared. MoonCat debuted at 992 Days in Digital Life at 2:52 PM UTC.
How to package MoonCats to sell on openseaDo this at your own risk and always confirm contract addresses.
– RyanJK (@RJ_Kunz) March 12, 2021
How to Pack MoonCats to sell on openseaDo this at your own risk and always check contract addresses.
At that time users reported that The cost of handling a cat “rescue” contract ranged from $ 50 to $ 200 (Some speculate that gas prices have risen due to mining demand from MoonCats.) Its packaging cost for listing on the NFT Opensea Market was over $ 200. All 25,600 cats were minted in a few hours.
The minimum price for cats in the Opensea region reached 0.8 ETH At the time of publication, it represents a Earn roughly $ 1,000 per cat. 715 ETH activity was registered, which brought the project to the top of the various leaderboards, and new community interfaces have already appeared.
Wonderful History has been compared by some as a form of digital archeologyAs treasure hunters found a long lost story:
They are the first digital archaeological dig. Context is anything but lamer imo. https://t.co/ciDmeOjpbb
– mewny (@ mewn21) March 13, 2021
They are the first digital archaeological excavations. The context is nothing but a pitiful thing, in my opinion.
“in my opinion, What we saw yesterday was the digital equivalent of discovering historical artifactsSaid Elmo, MoonCat collector. “While it may seem far fetched now, I think history will remember these seemingly primitive pieces of art as The first steps to driving the growth of the digital arts“.
Elmo publishes color statistics and records of its MoonCat footprint, including a Reddit thread in which users said the cost of minting the cat was 50 cents.
> Annoyed that he missed getting into cryptocurrencies> Posted 3 years ago> RIP pic.twitter.com/hCf2Kmw3Hx
Elmo’s Short Volatility Fund (@ jrob1564) March 12, 2021
> He regrets not being able to enter cryptopunksPosted 3 years ago> RIP
Cats aren’t the only digital miners of gold that historians and prospectors have found in recent days. Efforts were made to revive other projects that the community found undervalued. Nate Hart collector and developer saw a surprise offer on his Chainfaces project, one of the first NFT projects to have all relevant metadata on the chain earlier this month, after months of relative stagnation.
The question now is what other long-lost contracts are gathering cobwebs on Ethereum.
Don’t stop reading: