Business In News
- ConsenSys is launching a sustainable NFT Collection called Regenesis collection
- The collection will be launched on the Ethereum mainnnet.
Leading blockchain firm Consensys is all set to launch one-of-a-kind green NFTs in its bid to “celebrate” and “commemorate” the deployment of the upcoming Ethereum merge.
Consensys Is Launching Green NFTs
ConsenSys, one of the leading blockchain firms and the creators of the leading ethereum wallet MetaMask are all set to drop sustainable NFTs dubbed the Regenesis collection.
The collection has been launched by the platform to celebrate the upcoming merge launch, which according to ConsenSys is “a landmark moment in Web3s young history.
The Regenesis NFT collection is aimed at accentuating the “sustainability” factor of the upcoming merge and seeks inspiration from technological advancements that the merge is set to deploy in near future.
The collection comes in different editions including an open edition that comprises art elements aimed at exploring the “scale and significance of the merge. ” The collection primarily constitutes detailed artistic expressions that can effortlessly capture sustainability, security, and the scalability factors attached with the upcoming Ethereum merge.
“The collection, called Regenesis, comes in different editions including an open edition focused on the most important benefit of the Merge: sustainability. The art explores the scale and significance of the Merge, an ambitious re-architecture of the world’s largest open programmable blockchain, which makes the network 2000x more energy efficient and positions Ethereum to sustainably support the next generation of Web3 creators and developers.” the blog later adds
Since the NFT collection constitutes several versions, ConsenSys further adds that each version will ” depict an elaborately detailed world embodying one of the prime benefits of the Merge: sustainability, security, and scalability.”
The collection designed in collaboration with artist and illustrator Chris Skinner and NFT animation artist Keithcity group will be launched on the Ethereum mainnet and will be available for sale the day the merge goes live on the Ethereum blockchain. As far as the NFT prices are concerned, ConsenSys Regenesis NFTs are free to mint, however, a standard network fee will be applicable on all transactions.
As part of the celebration, ConsenSys will also be air-dropping the full collection to the members of the Protocol Guild as a “small token of appreciation” for their dedication and for contributing years of decentralized coordination and efforts by making the Merge a reality.”
“These limited edition NFTs were created specifically for this team and will include the team members’ names embedded in the metadata on some of the first blocks of the PoS Ethereum they helped create.” the blog later added.
The upcoming Ethereum merge is one of the most anticipated crypto events of the year. The merge is set to shift Ethereum to a proof-of-stake mechanism which will play a critical role in slashing the network’s energy consumption by half and make the blockchain more sustainbale for the future.
Image courtesy: ConsenSys/Ethereum Evolved