Reported by Web3 Project Hub, KumaSanki.eth
Recently, a new face appeared on NFT, the No. 1 trading chart of OPENSEA, with a Twitter authentication symbol hanging in it, with a series of 16,027 pieces and a total trading volume of 10,218 ETH, which immediately caused an echo in the circle. Creators in the community immediately embraced this trend, and the original author @jackbutcher was kind enough to help retweet it, making the creative atmosphere in the NFT community very high.
To get to know @jackbutcher, you can first meet the team Visualize Value, or "VV", whose main specialty is to take complex ideas and simplify them to the extreme by extracting the most important parts and presenting them to clients in graphic design form. It was during his time running VV that @jackbutcher developed this "simplification" expertise and applied it to NFT, and CHECKS - VV EDITION (CHECKS for short) is one of the results of using this expertise and refining it.
CHECKS may seem complicated, but it is actually quite simple after a little bit of understanding. The NFTs you see on OpenSea now are all first stage, all with the same pattern, but the holder will soon be able to turn the NFT in hand into the next stage through the burning mechanism - yes, this is actually a fairly common way to play NFTs, but @jackbutcher adds randomness and simplification to it, making it very versatile.
Randomness and Simplicity#
In this project, the basic element is not only the medium "NFT", but also the number of tokens held by the holder, the Token ID and the color. Therefore, in the following burning stage, the holder can choose the number of NFTs to be destroyed each time, which will affect the casting result.
Therefore, this mechanism results in some of the more popular Token IDs having higher transaction amounts. At the same time, the NFTs obtained by burning are able to allow the holder to choose a new number.
However, although the author has the above understanding of the project, this information is not 100% accurate, so please DYOR - however, CHECKS is also telling you that perhaps what you see and hear may not be the most accurate facts.
Using CHECKS to satirize Twitter is the best marketing technique#
Since Twitter was bought by Elon Musk, blue tick verification on Twitter has become a commodity, and no longer represents strict official verification. This has led to a situation where users who have money and live in a country that allows them to use credentials can easily purchase what was once an authoritative and prestigious credential, changing the social environment and atmosphere of Twitter over time.
CHECKS is a sarcastic commentary on this very thing. You can find a description of the work on the website, which tells the meaning behind it and reminds people to stop trusting and to always check and observe the authenticity of the information they receive.
Of course, these meanings also had a very strong marketing effect, as the Twitter fiasco caused a lot of dissatisfaction among users, which led to CHECKS being quickly spread and widely used, both as an "advertisement" for Elon Musk and CHECKS, and as a channel for people to vent their frustrations, thus turning into a short-lived trend.
With the second phase of the project's burning mechanism about to go live, perhaps CHECKS will change a lot - in terms of price, volume, and how it is used. But regardless of its fate, its short-lived popularity represents an online phenomenon and a change of times.
Don't Trust - CHECK.
【Special News | OPEN EDITION】Free Mint#
THIS #NFT MAY OR MAY NOT BE USEFUL.
- Talk about @jackbutcher & #ChecksVV in T. Chinese / ENG.
- Minting is now open and will close on February 10 at 11:59 p.m.
- Mint ENG ver :Manifold.xyz/c/Special-News-about-Checks-VV-Edition-ENG
- Mint T.Chinese ver.: Manifold.xyz/c/Special-News-about-Checks-VV-Edition
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