$MMSS It was just created. @shan1211pic.twitter.com/gHDfno54az
— MIMIC SHANS OFFICIAL 🐈⬛ (@MimicShhans) NNovember 19, 2023br/>a
Posted by Mimic Shhans Korean writer SHAN Appears on November 19, 2023 with the inscription BRC-20, autonomously operated by the MMSS community.
Mimic Shhans was established as Korea’s first BRC-20 inscription.
With a total supply of 21 million tokens on the Bitcoin chain, MMSS operates at an unprecedented level of decentralization.
The distribution cost of this inscription amounts to approximately $10 million, highlighting the significant costs incurred during the minting process.
Origin of ‘black cat’
Shahan’s ‘Black Cat’ series symbolizes moments of comfort in the chaos of everyday life, and resonates with those who seek independence amidst the pressures of life.
It expressed:
“Despite the pressures and frustrations of life, I still seek independent space and freedom and freedom without restrictions.”
The ‘Black Cat’ community creates a culture of ‘play’ by uniting active individuals who seek personal space and freedom.
MMSS fosters creativity and a vibrant lifestyle through platforms such as Black Cat Square and various themed series.
The community’s self-organized leadership, led by the Builder group, oversees MMSS operations and promotes effective communication among members.
Contributors participate in a variety of functions such as day-to-day operations, social media management, content creation, marketing, technology development and training.
Pillars of MMSS
MMSS focuses on four main sectors: Art Club, Fashion Club, Research Institute and Education Institute.
Art Club aims to build a decentralized platform for artists to collaboratively create and disseminate “black cat” artwork, with the goal of making art the soul and driving force of the community.
Fashion Club introduces ‘black cat’ art to the public through fashion and promotes the commercialization of IP art value by producing fashion products and community ambassadors centered on the ‘black cat’ theme.
The lab develops cost-effective, fast and secure payment channels and social e-commerce platforms along with decentralized governance and IP infrastructure to enhance the technological advancement of the community.
The Education Lab trains talent, promotes BTC culture, and provides a variety of educational resources covering art creation, cryptography technology, and many other aspects.
These segments aim to make the Black Cat IP famous around the world by leveraging art, fashion, technology development and education to drive community engagement.
Rapid growth of MMSS
In just 10 days since launch, MMSS has seen a notable surge in trading volume and active community engagement, demonstrating significant potential for rapid growth.
Analyzing various indicators, MMSS shows room for growth and development, and its lower ranking compared to other BRC20 inscriptions indicates that there is room for price growth.
MMSS has a relatively small market capitalization of $6 million, suggesting greater market play potential compared to other meme tokens such as Sats or RATS.