After Scrilla's ban, the Fake Rares community grew fast. The first 100 members received an airdrop of FAKEASF tokens, a community-created card made by 21 founding artists who were present in the chat when the project started. FAKEASF turned into the directory's access card: to submit a Fake Rare for approval, you must destroy (burn) one FAKEASF token, creating deflationary pressure on the supply of 2,000.
The community quickly attracted artists, collectors, and Rare Pepe enthusiasts who appreciated Bitcoin-native NFTs. Joe Looney, the creator of the original Rare Pepe Wallet, got involved and helped establish infrastructure for trading Fake Rares.
By late 2021, the project had enough momentum to collaborate with mainstream figures. On Black Friday 2021 (November 26), hip-hop legend Ghostface Killah of Wu-Tang Clan partnered with Fake Rares for an NFT drop on OpenSea. The collection featured 1,871 NFTs across five tiers (ranging from $75 to $2,000+), each containing original music composed by Ghostface himself, a groundbreaking collaboration between crypto art and hip-hop.
Since Fake Rares launched, over 100 similar directories have emerged on Counterparty, triggering a resurgence of the protocol and Bitcoin-based NFT culture.