A few days ago, MyEtherWallet (MEW) launched a curious initiative related to NFTs and blocks on the Ethereum blockchain.
ETH Blocks: the first collection of NFTs from MyEtherWallet
MEW is by far one of the most used wallets in the world for the Ethereum blockchain, so it is intrinsically connected to it.
To pay homage to this sort of close collaboration they have created and launched their first NFT collection that celebrates Ethereum and the community of developers and users who created it.
The NFTs that are part of this collection (ETH Blocks) represent individual blocks mined on the Ethereum blockchain.
Each block is associated with a unique image, generated from the data contained within the block itself, which, as we know, is inevitably always different from any other block.
The NFTs of each block in this collection can only be minted once each, and only on MyEtherWallet.com.
Users become creators
The curious thing is that these NFTs can be created directly by the users themselves.
Once a user mints the NFT of a block in this way, no other user can ever create another NFT of the same block.
These NFTs can only be minted on the MEW web, and those related to the first 10 blocks ever mined on the Ethereum blockchain will be reserved for its founders, i.e. those who contributed the most to its creation and growth, making possible the creation of the Ethereum ecosystem we know today.
NFTs for charity
In addition to these first ten, 13 other blocks marking crucial moments in Ethereum’s history have been pre-concocted and auctioned off starting November 11, until December 11. Proceeds from the auction will be donated to thirteen organizations: The Skid Row Trust, Wikipedia, The Internet Archive, Smile Train, Extra Life, Girls Who Code, Petsmart Charities, Go Red For Women, Prostate Cancer Foundation, Red Noses, Gary Sinise Foundation, Create Now, and NPR.
Once created, these NFTs can be sold on Rarible as part of the ETH Blocks collection.
MEW CEO Kosala Hemachandra said:
“MEW is dedicated to making history by bringing NFTs to help newcomers and experienced users explore a new way of Ethereum in a trusted environment”.