You Can Now Own An Ethereum Block via NFTs

Covered:

MyEtherWallet “allows users to mint Ethereum blocks as NFTs”
CEO Kosala Hemachandra calls the drop “historic”
The NFTs are tokenized individual blocks on the Ethereum blockchain

Ethereum Block: MyEtherWallet

Owning Ethereum is now more than holding the ETH token. Thanks to MyEtherWallet — considered by some to be the original Ethereum wallet — you can now own a piece of Ethereum history by owning an actual block on the blockchain.

The NFT collection launched on Thursday, and according to the announcement, Ethereum’s founder called dibs on the first 10 blocks. The tokenized blocks come in the form of NFTs: “Unique images associated with ETH Blocks are generated based on the block’s data. These NFTs are available exclusively to MEW users via the MyEtherWallet website.”

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You can see them already up for sale on Rarible, going for as much as 521 ETH.

CEO Kosala Hemachandra Calls The Drop “Historic”

Each block contains a unique story, and some have historical significance. 13 specific blocks have been chosen that represent updates to the chain, such as hard forks and other improvement protocols.

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These 13 historic blocks have been “put up for a month-long auction, the proceeds of which will be donated to organizations such as The Skid Row Housing Trust, Wikipedia, Girls Who Code and NPR, among others.” The CEO of MyEtherWallet Kosala Hemachandra, known as the original Ethereum Wallet spoke on the drop saying:

“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.”

He went on the explain the sentimental value behind the blocks, and how they can be seen as a relic and also an educational tool. Many potential buyers will also find it interesting how the data behind the block is uniquely generated in an image–certainly a unique way of “creating” art via the blockchain. Rather than an artist “making” this art, the art is actually made by Ethereum itself. “Users can take control of the ETH Blocks in the way they want to and be as creative as they can be with how they share them and which moment on the blockchain they mint.”

Ethereum Block: More On MyEtherWallet

Founded in 2015, MyEtherWallet is one of the “OG” wallets in crypto and still is functioning today. If you are interested in minting an Ethereum block, you can do so here. Certainly, we can imagine if this happened on Bitcoin, someone like Michael Saylor may track down the block which contained his first major purchase. Sentimental value is a key component to art, and more than just a picture of a “rare ape” these NFTs do exemplify more of what constitutes sentimental relics.

Whether it’s a block that represents a milestone in Ethereum’s history, or one that has a secret and special significance to you personally — once you’ve minted it, no one else can get it.

I have minted block #10237208

The reason i minted coz the highest reward and fee paid in one tx 49M$ i mean 10k #ETH #EtherScan block #10237208 = https://t.co/JHpQVWC8lI

Thanks @myetherwallet for this initiative!https://t.co/1N3oWLhIH7 pic.twitter.com/ZRLFR92WcN

— P a r h a M ? (@Shotojoo) November 13, 2021