Mimic Shhans (MMSS) BRC-20
Mimic Shhans, deployed by Korean artist, SHHAN on 19 November 2023, emerges as a BRC-20 inscription, autonomously operated by the MMSS community.
Mimic Shhans positioned as Korea’s first BRC-20 inscription.
With a total supply of 21 million tokens on the Bitcoin chain, MMSS operates at an unprecedented decentralisation level.
The deployment of this inscription amounts to approximately $10 million, highlighting the substantial expenses incurred in its minting process.
Origin of “Black Cat
Shhan’s ‘Black Cat’ series symbolises moments of solace amid the chaos of daily life, resonating with those seeking independence amidst life’s pressures.
“Amidst the pressures and frustrations of life, I still seek independent space and free and unconstrained release.”
The ‘Black Cat’ community cultivates a ‘play’ culture, uniting spirited individuals seeking personal space and freedom.
Through platforms like Black Cat Square and various themed series, MMSS fosters creativity and spirited lifestyles.
The community’s self-organised leadership, spearheaded by the Builder group, oversees MMSS operations and fosters effective communication among members.
Contributors engage across various functions like daily operations, social media management, content creation, marketing, tech development, and education.
Pillars of MMSS
MMSS focuses on four key sectors: the Art Club, Fashion Club, Research Lab, and Education Lab.
The Art Club aims to establish a decentralised platform for artists to collaboratively create and desseminate “Black Cat” artworks, aiming to make art the soul and driving force of the community.
The Fashion Club uses fashion as a medium to introduce ‘Black Cat’ art to the public eye, crafting fashion products and community ambassadors centred around the ‘Black Cat’ theme, thereby driving the commercialisation of IP art value.
The Research Lab develops cost-effective, swift, secure payment channels and social e-commerce platform, alongside decentralised governance and IP infrastructure, to bolster the community’s technological advancements.
The Education Lab nurtures talents, promotes BTC culture, and offers diverse educational resources encompassing art creation, encryption technology, and various other facets.
These segments aim to propel the Black Cat IP into global prominence by utilising art, fashion, tech development, and education to drive community engagement.
MMSS’s Rapid Growth
Within a mere ten days of its launch, MMSS has experienced a remarkable upsurge in trading volumes and active community involvement, showcasing substantial potential for rapid growth.
Analysing various metrics, MMSS showcases room for growth and development, ranking lower compared to other BRC20 inscriptions, signifying substantial room for price appreciation.
MMSS possesses a relatively small market cap at $6 million, suggesting potential for a larger market play, compared to other meme tokens like Sats or RATS.