Building NFT Communities in Cosmos with CTButt of Galactic Mining Club
In this episode of Blue Collar Crypto, host Phillip Simon sits down with CTButt, co-founder of Galactic Mining Club and a passionate builder in the Cosmos ecosystem. They dive deep into the story behind CTButt’s entry into the crypto space in 2017, his experience with the infamous Luna crash, and how it shaped his conviction in decentralized technologies.
CTButt shares the inspiration and mission behind Galactic Mining Club, an innovative NFT collection that blends digital art with real-world Bitcoin mining. He explains how this project aims to deliver real utility, value, and transparency by combining community ownership with the power of Bitcoin infrastructure. You’ll also get an insider look at their latest collection, Guardians of Asgard, which introduces a new layer of interactivity by allowing NFT holders to choose custom name traits for their avatars. NFTs (non-fungible tokens) are often associated with digital art, but their real power lies in their ability to represent ownership or access rights to real-world assets. In the case of Bitcoin mining, NFTs can be used to tokenize ownership or revenue rights tied to actual mining equipment and operations.
Projects like Galactic Mining Club issue NFTs that represent a share in a Bitcoin mining operation. Each NFT might correspond to:
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A specific mining rig (like an Antminer S19),
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A fraction of total hash power (e.g., 1% of a 1 PH/s operation),
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Or a revenue share from the pool of mined BTC.
This gives NFT holders on-chain proof of ownership or participation in the mining business — something previously limited to insiders or large investors.
Revenue Sharing via Smart Contracts
Instead of holding stock in a company, NFT holders can receive payouts in Bitcoin or stablecoins directly to their wallets, based on:
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The hash rate assigned to their NFT,
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The mining rewards earned over a period of time.
Smart contracts on platforms like Cosmos or Ethereum can automate this distribution, making it transparent and tamper-proof.
Real-World Example: Galactic Mining Club
In the Blue Collar Crypto interview, CTButt explains how Galactic Mining Club combines:
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High-quality digital art,
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Real Bitcoin mining hardware,
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A community-first approach to revenue sharing and NFT utility.
Their upcoming collection, Guardians of Asgard, builds on this by adding interactive NFT features, such as allowing holders to customize names and traits, increasing emotional and financial engagement.
Throughout the conversation, Phillip and CTButt discuss some of the biggest challenges in launching and growing NFT projects—like maintaining community engagement, delivering on promises, and building long-term trust in the Web3 space. CTButt emphasizes the importance of under-promising and over-delivering, and how that principle has helped shape the success of their collections.
This episode also touches on the broader Cosmos blockchain ecosystem, the need for better onboarding experiences, and the barriers new users face—like the complexity of acquiring assets like RUNE. Whether you’re a builder, collector, or someone exploring NFTs for the first time, this episode offers a wealth of insights about sustainable Web3 growth and the importance of community in the crypto world.
Key Topics Covered:
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CTButt’s crypto origin story and resilience through market crashes
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The concept and utility behind Galactic Mining Club
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How NFTs can integrate real-world assets like Bitcoin mining
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Launching and sustaining NFT communities in the Cosmos ecosystem
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The future of Guardians of Asgard and community-driven customization
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Challenges of onboarding new users into Cosmos and how to simplify it
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Why community trust is more valuable than hype in Web3
Links
NFT Market Place
https://app.backbonelabs.io/nfts/mark…
(X) https://x.com/Galactic_Mining
(Discord) / discord
(Telegram) https://t.me/Galactic_Miners
Blue Collar Crypto
https://bluecollarcrypto.io/podcasts/
https://bluecollarcrypto.io/contact-us/
Blue Collar X account: https://x.com/bccryptolearn
Education Hub: https://bluecollarcrypto.io/
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