↑ "Meme Collectors Are Using the Blockchain to Keep Rare Pepes Rare"."The NFT Origin Story, Starring Digital Cats". ↑ "Rare Pepe Wallet & The Birth of CryptoArt".↑ "The story behind 4chan's Pepe the Frog meme".↑ "The Rise and Fall of Pepe the Frog as an Internet Meme".The backbone of the Rare Pepe Wallet is the Counterparty (platform)which is built upon the bitcoin network. This web-based encrypted wallet was developed to allow users to buy, sell, and store Rare Pepes using a medium of exchange called Pepe Cash. Crypto artists used these resources to publish their work as digital tokens with a fixed circulation and then issued the art to collectors who then sold, traded, or stored their collections. Two components of this market, created simultaneously, both support each other to enable interaction and asset exchange among both contributors and market participants. More soon followed and this spurred developers to build platforms for the purpose of cataloging and exchanging these unique images, thereby creating the first Crypto art|Crypto Art market in 2016. In September 2016 the very first Rare Pepes were minted and sent to users in the Telegram (software)|Telegram chat dedicated to discussing Counterparty. In April 2015, a collection of rare pepe images were listed on eBay where it reached a price of $99,166 before being removed from the site The First Crypto art|Crypto Art Market In 2015 a subset of Pepe memes began to be referred to as "rare pepes" generally meaning that the artist had not yet posted the meme publicly. Many of the initial versions of this meme are documented on Know Your Meme.
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