This is a virtual good, called a Rare Pepe. I blogged about it a few weeks ago.
Hawkeye tweeted this at me a couple days ago:
@aweissman @fredwilson Add to your art collection with PEPEBASQUIAT. Who knows, maybe someday a Japanese Billionaire will buy it. https://t.co/BgPokE3C8y pic.twitter.com/m9E0KPHwep
— Hawkeye (@nathanhawkeye) May 22, 2017
And I liked it so I went into the Rare Pepe directory, found the card, and offered 1000 Pepe Cash for it.
1000 Pepe Cash goes for $22.38 right now in the cryptomarkets.
So I paid $22.38 for a virtual card that has no utility other than I can collect it (on my computer or phone), I can send it to someone else, I can sell it, and I can blog about it.
But the one thing I do know is that these are “rare”. There are only 391 issued right now. And that is verified on the blockchain.
Something to think about as it relates to digital media/digital art/digital music/etc which has been suffering from no scarcity value since the invention of the Internet.
