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RAREPEPESS edit
Introduction edit
RAREPEPESS is a digital asset and non-fungible token (NFT), notable as the first sports-related NFT in history. Created by Yoni Terenzi, it is part of the Rare Pepe Collection Series 3, card #47. Minted on October 7, 2016 on the Counterparty protocol on the bitcoin blockchain. It features an artistic representation reminiscent of basketball legend Michael Jordan. The asset reflects the intersection of sports culture and digital collectibles within the blockchain technology sphere.[1][2]
Background edit
Rare Pepes, to which RAREPEPESS belongs, are based on the Pepe the Frog character from Matt Furie's comic. Evolving from a popular internet meme, these digital cards represent an early and influential phase in the NFT and crypto art movement. The Rare Pepe collection, which gained prominence in the mid-2010s, has been a pivotal part of internet culture, influencing the development and popularity of NFTs.[3]
Significance and Legacy edit
As the inaugural sports NFT, RAREPEPESS marks a significant development in the history of digital collectibles, preceding many well-known NFT collections. It counts dozen of derivatives on the subject, and represents the early use of blockchain technology for the digital representation of sports memorabilia. The Rare Pepe Wallet was the original platform for collecting these tokens. RAREPEPESS's emergence and its sustained relevance highlight the role of NFTs in evolving the landscape of sports memorabilia and digital art. For more information on its holder distribution and market data, refer to Pepe.wtf.[4]