MyEtherWallet brings its first NFT collection to mint Ethereum blocks

MyEtherWallet (MEW), the ETHER wallet provider, released its first Non Fungible token collection named ETH Blocks on November 12. The main aim of the collection is to use the Ethereum blockchain to tokenize individual blocks. The block’s data will generate unique images associated with the NFT collection. 

The company says its ETH Blocks are a symbol to celebrate Ethereum and its developers and users community. These NFTs will be exclusively available to MEW users through its website.

As per the MyEtherWallet’s announcement, some special significant blocks have already been claimed. The first ten blocks are reserved for the people who majorly contributed to Ethereum’s creation and growth: the Ethereum founders. 

Another 13 ETH Blocks are reserved to represent the history of Ethereum and will be put for auction from November 11 to December 11. The proceeds of the auction will be donated to Wikipedia, The Skid Row Trust, Smile Train, The Internet Archive, Girls Who Code, Extra Life, Go Red For Women, Petsmart Charities, Red Noses, Prostate Cancer Foundation, Create Now, NPR, and Gary Sinise Foundation.

MyEtherWallet focuses on all kinds of users

MyEtherWallet also informed that it would offer a discount to early adopters. The first 100 blocks will be available for 0.01 ETH, after which the price will increase to 0.03 ETH for the next 500 blocks. After this, people will get the block for 0.05 ETH, excluding gas fees.

The CEO of the company, 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.”

He further added that their goal is to provide full access to all the offerings Ethereum blockchain is capable of providing. As the majority of NFT markets are built on the Ethereum blockchain, he believes that it is justifiable to bring all kinds of Ethereum users to mint and own a unique block of the chain.

As TheCoinRise compared the peformance of Ethereum and “Ethereum Killer,” Solana, Solana is going up pretty fast despite majority of NFT markets built on Ethereum blockchain. However, SOL co-founder recently said that he does not aim to “kill” ETH.