A curious NFT collection launched around a week ago on Opensea. Under the moniker 24px, 9900 pixelated cats priced for .01 ETH. No mint, no marketing, no marketing. Just pixels and kitties.
— unkn0wn alia$ (@I3itcoin) August 15, 2021
There is no team or dev to talk about the project. The domain on the webpage was a dead end. Every step we have taken in order to attempt to identify the mind behind this initiative has not led to anything. As the number of individuals who are actively attempting to discover the inventor grows, the odds are that this will happen.
If you wanted to see a bullish community here’s the 24px community which has no leader watching wolf of Wall Street at 1 am with 50 people in vc. pic.twitter.com/UqNRWBtznB
— Zayden (@yungexs) August 13, 2021
All we have is 9,901 cute pixellated kittens, each with its own predetermined level of rarity. Somehow, the price floor of the cats leaped from a 0.01 ETH starting point all the way to 0.04 ETH, for a 4000% increase. It has since settled around 0.1 ETH as the NFT market turned.
A Dead Dev for Pixel Cats?
The identity of the developer behind 24px has become a modern mystery within the crypto world. Sometimes speculation about the identity of the developer was directed to Vitalik, Anonymous, Elon Musk, Satoshi Nakamoto, and even Mike Tyson of all people. A meme has risen with the idea that the dev might even be dead, with 24px being his dying creation.
Where will NFT’s be in the next ten years?
— Mike Tyson (@MikeTyson) August 9, 2021
Growth of the 24px community has been astronomical, with the Discord community going from double digit users to over 3,000 members as of press time. This grassroots approach has attracted a significant community that considers 24px to be a welcome alternative to VC-influenced NFT collections that populate the Opensea market.
You only have to spend a few minutes in the Discord community to experience the ownership that members feel over the overall project. The mysterious history of 24px has already generated many tales and sounds.
An Influencer Outside of Crypto Joins In
Last week, Twitter user WSBChairman joined the community, adding to the overall lore of the 24px culture. Although renowned as a Doge and meme stock fan, it is not surprising that the 24px community’s ethos attracted the leader of the WSB community.
What’s next? Well, the sky is the limit as long as the community keeps growing. As the NFT market currently faces a downturn in price floors, opportunistic users may try to scoop up “rare” pixel cats at bargain-bin prices. The community may reach out to more influencers, including those outside of the immediate crypto community.
Like Bitcoin, Ethereum, and DOGE have shown, the most powerful communities tend to come from grassroots movements rather than corporation-driven growth. Centralized entities like the typical tech startups are a dime a dozen, eventually falling due to a change in hands or government intervention. Communities, however, stand the test of time. It remains to be seen how long the 24px gang will survive, but at the astronomic rate of growth we’ve seen so far, they should be just fine.