The Most Famous Secret in NFTs Today

One little known sector of NFTs is hotter than anything in crypto right now and for anyone paying attention, an investment here could be life changing.

One of the easiest strategies for investing in crypto, or really anything for that matter, is to follow the “smart money.” This is why I took a particular interest in whats going to be talked about in this months letter. A few weeks ago I attended a small crypto event with a few speakers on various blockchain topics. It wasn’t a very impressive event except for one guy who stood out to me as being more knowledgable than the rest. I knew this because of the NFT project he was talking about and the concept he was discussing. This was not beginner stuff. He was talking about what some of the biggest Bitcoin whales were doing with their money and one of the first NFT projects in existence. This was a complex topic with a significant barrier to entry so I was sure his talk flew over most of the audience’s heads but thats exactly what got me interested. Today, I want to share those ideas and this opportunity with you.

Bitcoin is the king of cryptos but, Ethereum is king when it comes to NFTs. At least for now. Most people are not even aware that there are NFTs on Bitcoin. But, there are, and their historical significance may be greater than any NFT on Ethereum. The Bitcoin blockchain was actually the pioneer of NFTs and the first ever NFT projects can be found there. Dating back to the early 2010’s the first NFT project ever is supposedly Spells of Genesis. Spells of Genesis is a card playing NFT game that was created on Bitcoin as early as 2014. When the project came out there was a small group of Bitcoin developers who were interested in the new idea and reached out to the team to see if they could have some input on the cards. After the team at Spells of Genesis denied any outside input into the cards, a new project was born. Just 18 months after the first Spells of Genesis card was released, arguably, the most famous NFT to date was created. This NFT is know as the Rare Pepe Nakamoto card. The Nakamoto card kicked off what is today, the biggest, most decentralized art movement in crypto, The Rare Pepe Collection.