20 Compelling Reasons Why OnChainMonkey Has Captured My Heart (and Mind!)
When OnChainMonkey was first brought to my attention, I wasn't just intrigued; I was captivated by its unique blend of innovation, community, and impact.
Here are the 20 compelling reasons that drew me in, capturing both my heart and my mind, ultimately solidifying my decision to join this revolutionary movement and community.
(Please note that no legal, financial or investment advice is given in this post. Always do your own due diligence.)
#1: The Founders
OnChainMonkey brings a wealth of experience from various industries.
CEO and Co-Founder, Danny Yang, also founded the Stanford Bitcoin Meetup in 2013, MaiCoin (Taiwan's largest cryptocurrency exchange), and Blockseer, an early blockchain analytics firm. Blockseer's clientele included the FBI, US Secret Service, and DHS.
Danny holds a PhD in Computer Science from Stanford University and a degree in Chemistry and Physics from Harvard University.
Co-Founder, Amanda Terry, has 20 years of digital and business development leadership experience and is also the Co-Founder and Chief Operating Officer of Metagood along with being the Managing Partner of ACTAI Ventures.
Co-Founder, Bill Tai, had 23 of his startups become listed companies and is an angel backer of 3 of the top 10 on "CNBC's 50 Top Disruptor List for 2022" (#3 Lineage Logistics, #4 Canva, #9 Dapper Labs).
Together, their combined experience is a valuable asset to the OCM community providing insights, leadership, and a unique vision that sets OCM apart from other projects in the space.
#2: First 10k collection on Bitcoin
OnChainMonkey made history as the first-ever, 10,000-piece collection to be inscribed onto the Bitcoin blockchain. The inscription number, 20219, is significant as it reflects the original year and month of OCM's creation.
This historic move not only preserves the legacy of OnChainMonkey in the immutable ledger of the Bitcoin blockchain, but also showcases the innovative spirit and pioneering ethos of the OCM community.
#3: Legal Perspective and Community Learning
As a lawyer with a keen interest in Web3, being involved with leaders in the community, like those in OnChainMonkey, is crucial for continuous learning and for helping others navigate the complexities of this new, decentralized world.
Engaging with OCM keeps me abreast of the latest technological developments, while also providing insight into the interests and demands of the thriving Web3 community.
This dual approach not only enhances my legal acumen, but also positions me as a knowledgeable and valuable resource in the ever-evolving landscape of Web3 technology.
#4: Leveraging the DAO for Collaborative Governance
OnChainMonkey has established a DAO (Decentralized Autonomous Organization) to allow for a more democratic and community-driven approach to decision-making. The DAO has recently allocated more than 850 ETH to migrating digital assets to the Bitcoin blockchain.
Discover more on the official OCM DAO webpage.
#5: First Mover Advantage
OCM is the first project to launch a 10k collection is a single transaction on Ethereum. Now, OCM is one of the first projects to leverage Bitcoin Ordinals, a brand new protocol that runs on top of Bitcoin, positioning OCM at the forefront of this new technology.
See more about this topic in a recent article from Business Wire.
#6: Community Building
The OCM community is vibrant and diverse, attracting members from various countries and backgrounds. Not only that, but the community as a whole stands behind the !RISE values.
RISE is an acronym for the words respect, integrity, sustainability, and enrichment. Each one of these core values plays a large role in creating a safe environment where members feel seen and heard on a regular basis.
#7: Digital Art Innovation
The OCM Dimensions 300 collection is a prime example of how the project is revolutionizing digital art in the Web3 space. Take a look at this recent article regarding the Dimensions 300 collection.
The Ordinals protocol on Bitcoin is brand new this year, and OCM was the very first project to inscribe a 10k collection (Genesis) in a single transaction. Innovation is OCM’s middle name, and it has been that way since the beginning in September 2021.
#8: Sustainability
OCM's commitment to social good and sustainability is evident in its projects and initiatives. The OnChainMonkey news page is an excellent resource to see what what has been accomplished by the team and community up until this point.
#9: Accessibility
OCM provides opportunities for non-crypto natives to get involved with their easy-to-use platforms and communities. There are a multitude of learning portals available such as:
and even here at OCM Magazine.
#10: Blockchain Integration
OCM's use of blockchain technology ensures transparency and immutability in its operations and offerings. The original Genesis collection, as well as the Karma collection, were each placed on the Ethereum blockchain in a single transaction.
Now, because of Ordinals protocol, each of these collections are migrating to Bitcoin as it is the most secure, decentralized blockchain in the world. Being on-chain is important, because it ensures that the NFT’s acquired are then sustained on that chain for the life of the network.
#11: Innovative Fundraising
OCM's approach to fundraising, combining traditional and Web3 methods, is unique and trailblazing. For example, view this article on a past approach to fundraising utilizing NFT technology.
Inside the article, it discusses how OnChainMonkey raised ~$185,000 for Ukrainian Humanitarian Aid with a charity NFT.
“OCM Earth, an artistic mosaic of over 25,000 OCM Genesis images which together create a globe with a heart over Ukraine, had two phases to raise the money. The first was a public sale of 604 OCM Earth NFTs for 0.1 ETH (~$280) each, followed by a one-week auction package.”
NFT technology creates a world of new opportunities to give back to others in need.
#12: Learning Opportunities
Being part of the OCM community provides ample learning opportunities in the ever-evolving Web3 space.
Danny Yang, CEO of OnChainMonkey, PhD from Stanford, and founder of the Stanford Bitcoin Meetup, is continually providing the community with updates on Ordinals technology and how OCM is primely positioned at the forefront of the digital artifact movement.
#13: Global Reach
OCM's global community ensures a diverse range of perspectives and ideas. Having monkey’s spread out throughout the world allows for meetups to take place in every region.
Just this month, Danny and Amanda were in Amsterdam at the Bitcoin Magazine conference. Many monkeys met up and hung out together because of the global reach this project has.
#14: Supporting Artists and Builders
OCM's platform supports artists, builders and creators by providing them with a space to learn, share and showcase their work.
#15: Unique Digital Assets
The OCM Genesis and Karma NFTs are unique digital assets that offer value beyond just ownership. Upon becoming a holder, you are immediately ushered in to the wealthy digital nation, otherwise known as the monkeyverse.
Here, you gain access to the banana economy, the OCM DAO, holder-only discord rooms, and even private IRL parties such as spending an evening on the official floor of the New York Stock Exchange.
Owner: JBrush
Celestial Karma (K3) #30003
#16: Engagement with Emerging Technologies
OCM's leadership engagement with emerging technologies, like Bitcoin Ordinals, sets it apart from other Web3 projects. The technological advancements are being made possible through the OCM team with Danny Yang leading the pack.
Both the Dimensions 300 collection and the Genesis collection on Bitcoin usher in numerous industry firsts and surprises that no one expected to occur. OCM has a vision for the future that is unprecedented, allowing other projects to take advantage of the innovative technology for their own collections.
#17: Provenance and Immutability
The use of the Bitcoin blockchain ensures the provenance and immutability of OCM's digital assets. Provenance is a term that means who was first in line to accomplish something. For example, OCM Genesis is the first 10k collection on Bitcoin, which can be proven by looking at the blockchain’s un-editable history.
Immutability refers to this concept of “never moves” or “cannot be shaken”. Once a block is mined on Bitcoin, it is permanent and lives there forever. That block is unable to be altered or changed in any way.
#18: Collaborative Opportunities
Being part of the OCM community opens up collaborative opportunities with other members. X and Discord are great places to connect online in preparation for IRL, or in real life, events.
Imagine having access to a large community of like-minded individuals who come from different backgrounds and possess various talents. Better yet, how much more can be accomplished by you jumping in and lending your own talents and abilities to the group as well?
#19: The New Osura Platform
OCM is behind Osura, a new, high-end marketplace for the finest Digital Artifacts. Osura showcases only the highest quality digital artifacts, curating an unrivaled experience for the refined collector. Connoisseurs come to Osura to acquire the most innovative art and the most exclusive collections.
#20: Education and Collaboration
A significant reason to engage with OnChainMonkey is the unique opportunity it offers for education and collaboration. OCM regularly hosts AMAs (Ask Me Anything sessions), community calls, and other events where members can learn directly from experts in the field, ask questions, and engage in meaningful dialogue.
Please feel free to DM me with questions. If OCM resonates with you, learn more or get involved here https://onchainmonkey.com
