The message For The Culture is spreading rapidly on the NFT market. A series of famous personalities as well as major NFT Marketplace platforms such as: OpenSea, Magic Eden,… have changed their Avatar profile pictures with custom Opepen Edition images along with the message For The Culture. So what is the origin and story surrounding For The Culture? Let’s find out with Weakhand in this article.
The Story Revolving Bored Elon, ThreadGuy and Opepen Edition
Users in the NFT market must have heard of the name Jack Butler Author of two famous collections, Check VV and Opepen Edition. After the success of Check VV, Jack Butcher continues to introduce to users the second collection, Opepen Edition, in January 2023.
The collection is inspired by Pepe the Frog immediately created a huge stir in the market. From only $8 USD per NFT mint initially, the price increased continuously and reached ATH at 1.12 ETH (equivalent to 2000 USD at that time).
During that time, a named collector Bored Elon (BE) became one of the first holders of the Opepen NFT. On July 11, 2023, Bored Elon asked ThreadGuy – a famous figure in the NFT market to exchange ThreadGuy’s Mutant Ape Yacht Club (MAYC) with his first Opepen Edition. However, ThreadGuy did not accept this deal on the grounds that MAYC had become his trademark.
The Birth of Open Threadition
Post by ThreadGuy
Jack Butcher’s comment below Jack Butcher’s post
With Jack Butcher’s signature design, this special Opepen Edition features colorways taken from ThreadGuy’s MAYC as the focus for the Opepen frame. Needless to say, Jack Butcher changed his profile picture on Twitter and organized a Meeting with about 3,600 attendees to commemorate this moment. This event rippled across the entire NFT space with Jack Butcher’s act of humanity shifting from a for-profit transaction to the friendly and creative nature of the NFT space.
Since then, countless other creators and collectors have stepped in to create their own versions of the Opepen. Because when the custom Opepen craze was at its peak, Butcher had to create it on July 16, 2023 by launching an open edition collection called Openen Threadition of PFP editions that he created for ThreadGuy. Each NFT costs 0.001 ETH (~2 USD) giving anyone a way to join in the fun. All proceeds from the sale of Openen Threaditions will be reallocated back to ThreadGuy as a way to thank ThreadGuy for the value he always adds to the Web3 community.
Message For The Culture Is Spread Throughout The NFT Market
After Openen Threadition was released, it became clear that the events that transpired between Bored Elon, ThreadGuy, and Jack Butcher had far greater significance than what might have been expected from a simple relationship between the parties. . The message of close friendship has spread and been received by a series of KOLs such as: Beeple,.. on the NFT market.
A series of projects such as OpenSea, Magic Eden, … also began to follow the trend with the message “For The Culture” posted on twitter. Not only avatars, some projects also change their names such as OpenSea to OpenSea, Zaper to Zappepen…
During the above period, two Jack Butcher collections, Check VV and Opepen Edition, witnessed strong growth in the market. Over the past 7 days, Opepen Edition has seen 60% growth and reached a floor price of 0.82 ETH. Meanwhile, Check VV also witnessed a growth of about 30% and reached a floor price of 0.65 ETH.
summary
The message For The Culture brings humanistic meaning and was enthusiastically received by many KOLs as well as major projects in the NFT market. Above is all the information I want to provide in this article, hope everyone receives interesting knowledge.
