MetaMask Wallet 's parent company issues free NFT to celebrate The Merge
With strong traction building around The Merge, ConsenSys is planning to release a series of “green” NFTs for Ethereum’s historic upgrade.
In celebration of the most important event in Ethereum's history, The Merge, Metamask wallet parent company ConsenSys will release a one of the organization's first landmark sustainable NFT collections called Regenesis.
Inspired by The Merge, Ethereum's transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS) consensus, Regenesis will include different versions of NFT in The world of elaborately detailed simulation technology demonstrates the benefits of consolidation including sustainability, security, and scalability. ConsenSys will collaborate with artist Chris Skinner and animation studio Keithcity Group to design the collection.
The main theme of the collection will mainly showcase the ambitious architecture in the Web3 space of Ethereum as well as improved efficiency in terms of transaction speed and power saving by the platform side purpose. .
Based on a report from the Ethereum Foundation, the transition to PoS is estimated to reduce energy consumption by as much as 99% since PoW is said to be “eroding” the equivalent of a single country. average size.
NFT Regenesis will be minted for free on The Merge day, scheduled for September 15-16. The only costs incurred will be from paying gas fees, which can vary significantly based on activity on the Ethereum mainnet.
However, because blockchain holds the largest market share in the NFT segment, the community could not help but wonder about the state of the field after The Merge. To better understand the application process to better protect assets and NFT transactions, please refer to the following article in detail:
According to ConsenSys, Regenesis is simply a collection of effects. artwork celebrating a major technological milestone that the company will look back on as an early moment in the evolution of Web3. As part of a technological memorabilia, the utility of this NFT collection only comes from demonstrating that users have witnessed one of the greatest advancements in crypto industry history.
Not only ConsenSys is exploiting the NFT array to increase the "attractiveness" surrounding The Merge, other crypto companies in the field are also planning to prepare their own strategies for raising the stakes. grant. Recently, OpenSea – the industry's largest NFT Marketplace has committed to supporting NFT only on Ethereum Proof-of-Stake.
Crypto Fox News summary
Sep 04, 2022