It is strongly recommended to pay attention to NodeMonkes in the Bitcoin NFT ecosystem
NodeMonkes are NFTs on Bitcoin with a total supply of 10,000. The project was founded earlier and started official promotion in February this year. The project describes itself as "NodeMonkes is not an institution, movement, council or DAO. It has no effect. No roadmap. No events. No products. Nothing. We like to try. And create cool stuff. Enjoy them. Or don’t. We really don’t care. We’ll make them anyway. — Nodetoshi & Monketoshi” NFT Collection debuts on Magic Eden on October 31st. Currently, the project is actively developing a novel native distribution mechanism, which is planned to be released before December 13th.
It is worth noting that the project announced on November 15 that it had rejected $5 million in venture capital and would adhere to the free casting policy, demonstrating its determination to maintain the original intention of the project.
Reasons for concern:
Fund flows in the Bitcoin NFT field: The rise of various digital assets in the Bitcoin ecosystem has injected a large amount of active funds into the NFT field, and NodeMonkes may become a hot topic.
Unique issuance mechanism: The minting of NodeMonkes adopts an innovative method that may involve full nodes. This unique issuance method may attract market attention. Historical experience shows that unique, difficult, and threshold-based participation methods in the early stage are usually highly sought after.
Community culture and atmosphere: NodeMonkes advocates against centralized project management and is committed to helping people run Bitcoin nodes to ensure network security, which is in line with the concept of Bitcoin originalism.
Summary: NodeMonkes is a high-profile Bitcoin NFT project, and investors should make prudent decisions when minting. There are risks associated with market fluctuations. Please research the project in detail and pay close attention to market changes before investing.
