NFT Developer Framework Hits Web3 Netizens

What if an influencer crashed with NFT? IreneDAO provides experimental results.

Recently, Instagram celebrity Ireneshao entered the market by linking many popular Meme characters as multiple hot images of himself and turning them into non-fungible tokens. This NFT was initially distributed for free, and after a few days the floor price of the OpenSea NFT trading platform rose to 3 ETH, or around $9,900.

The organization that publishes these NFTs is IreneDAO, which was started by a female online artist, and as the blockchain's "fan circle", rather than a special project. According to the report, IreneDAO seeks to dismantle the "developer" and allow all established developers to monetize their interest through NFTs.

Ireneshao entered the cryptocurrency cycle in 2021 as the Executive Director of Konomi Network and is currently developing a "Social Collectibles" platform called "SO-COL". According to the report, SO-COL aims to be a Web3 version of OnlyFans that will allow writers to use NFT to manage members and communities. IreneDAO is a community member of this platform.

Another well-known figure on the internet representing the basics of NFT is an Indonesian brother who has just been spotted by netizens, and has been making his own portraits since 2017 by filming self-portraits. An inexperienced young man from a small town in East Asia reported over 900 NFT self-portraits. NFTs cost hundreds of dollars.

NFTs aren't just toys for business owners and celebrities, and even people can make them. When people say what Web3 is, the similarities between basic NFTs provide many answers. Web3 focuses more on people than big Internet companies. The technology embedded in Web3 will ultimately have human and business benefits. The rewards must go beyond that. For self-design.

IreneDAO NFT price below 3 ETH

How much is this collection of hot and cute kids worth? In the information age, these images are all over the internet. In particular, many internet celebrities are born to make beautiful names, as many photos of sexy girls have been created and posted on SNS such as Twitter, Instagram and Just Fan. Of course, these photos are usually "viewed" for free.

With the rise of NFTs and Web3 conferencing, JEPG images can now be pinned directly to assets. The NFT team published by IreneDAO last Friday described the phenomenon.

IreneDAO does not operate around a different "plan" from the autonomous organs people have seen in the past. The heart of the community is an Internet celebrity IP called "Ireneshao", which is a typical IP-style DAO. , as the first fan industry representative in Web3. As indicated by the operating guidelines, IreneDAO is a global mobility company that aims to dismantle the "industrial" with its main advantages of simplicity, integrity, meaning and purpose.

Ireneshao is a 28-year-old Instagram model, sporting a hot body and sexy clothes, often posting photos of herself on social platforms. On Instagram and Twitter, Ireneshao has gained many followers and has over 500,000 followers.

Compared with the famous Internet industry, this woman on the Internet can follow the trend of streaming monetization. However, Ireneshao took a different approach and discovered a new difference in the blockchain industry: NFTs.

Ireneshao completed the NFT cast by designing IreneDAO and uploading her designs to the channel. Each image was accompanied by a meme color label that was converted into a bulletin board such as "WAGMI" (meaning "we will all succeed") and "HYPE" (hype). The combination of this image and text was minted with 1107 NFTs, originally distributed in the Mints whitepaper and then released to the market on the OpenSea NFT trading platform.

NFT image series released by IreneDAO

After the release of the IreneDAO NFT, the most common question was, "Why are you spending so much money on chains to create and buy these images?" After all, these images can be viewed for free without having to purchase them. In other words, what can you do with this NFT image?

This image is not intended for illumination. Having this NFT image corresponds to identification of an IreneDAO member, and generally "fan approval" by Ireneshao.

No matter how many puzzles and doubts, the eye-catching NFT image speed is amazing, and the price has risen. The price of photo NFTs on OpenSea was initially around 0.2 ETH, but within two days the lowest price for this group of NFTs was 3 ETH, equivalent to a cheaper NFT at 9,900 $.

Beautiful photos of Internet celebrities, NFT, hot bet, these words together, Iindao has attracted a lot of attention in a short time. Su Zhu, founder of Three Arrows Capital, said on Twitter that the "ancient goddess worship" has a long history and early consumers can contribute to the ghost community or pose as huge idols.

Galaxy Digital CEO Mike Novogratz also tweeted that he was a member of IreneDAO. He posted a photo of Irene on the NFT, saying, "I'm glad the NFT has brought their community together."

These funds also began to explore Iindao's new "entrepreneurial spirit". Of course, skeptics and critics are not in the minority. Some deny in Suzhou that Irene has nothing compared to an ancient goddess, while others believe she speaks badly.

Why are you looking for basic NFTs in the market?

Along with the controversy, IreneDAO has become a popular NFT company, and it can be said to open up a small community where idols and fans communicate better.

With IreneDAO's reputation, people started to like more people in addition to Irenezhao's "internet celebrity". He joined the crypto world in 2021 and entered the crypto world as the executive director of the Konomi Network, the money distribution and lending arm of the Polkadot chain.

Currently, Ireneshao is developing a "Social Collectibles" platform called "SO-COL" on StarkWare Layer 2 solutions. He said SO-COL is a unique exchange for platforms such as Discord and OnlyFans that are used by NFTs. Developers can link their community funds to Web3 via a Decentralized Identity Protocol (DID) and manage members and communities based on NFT.

According to Ireneshao, IreneDAO is a SO-COL-based social experiment whose mission is to prove the core concept of SO-COL: to empower developers by connecting to communities via NFT. He said the ultimate goal is to create hundreds or thousands of communities through the SO-COL platform. Communities can be large or small, and each community, with its writers, defines the benefits of writing.

This shows that IreneDAO is a small "circle of fans" built on the SO-COL platform. As expected, the platform will create another kind of insufficient fanbase in the future and provide potential developers with a channel to earn money with the help of NFTs. According to these guidelines, SO-COL is very similar to the Web3 version of OnlyFans.

In fact, since their growing popularity, NFTs are considered one of the best ways to gain value and impact. Meanwhile, several NBA stars have teamed up with NBA Topshot to announce details of their own NFTs and generate additional revenue from sales. With the advent of the Web3 era, listening debuts are becoming less and less, and not only artists or artists can go out with NFTs, but anyone can go out and sell their own NFTs. .

In addition to “beauty style” NFTs such as Iindao, the Sibling Selfie NFT series, which was popular in Indonesia some time ago, is a good example. A young man who took a "face selfie" with a computer's front-facing camera every day for more than 900 days from 2017 to 2021.

Recently, about 900 images of the online cafe era have been created and sold by NFT. At first glance, this reminds me of the $60.25 million NFT artist Beeple working on 'Everyday: The First 5000 Days'. Indonesian Brother's NFT Selfie Series Fired From OpenSea For Hundreds of Dollars

Indonesian Brothers NFT Selfie Series

With the help of blockchain and NFTs, more and more "native" online celebrities have a channel to catch their attention, providing a better interpretation of the concept of Web3.

KOL '0x_Todd', who replaced the Indonesian younger brother's selfie with his own Twitter avatar, said, "I always thought that Web3 should pay attention to the ordinary life of ordinary people and not the big V, which exists already in Web2. This is the true carrier of Web3, and I firmly believe that even ordinary people have the same story."

Similarly, root NFTs have become popular and support the encrypted world when people talk about Web3 chats. Web3's direction of improvement is clear.

Whether it is IreneDAO or a relative Indonesian NFT selfie, you need to think about the loss of value after interest and whether you can get a lower price after buying these NFTs. Many similar NFTs are expected to occur, and crypto enthusiasts should assess their buying goals and not fall into this trap.