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MyEtherWallet Offers Supporting Features For Minting Ethereum Blocks As NFTs

By Natalie Wu | November 14, 2021

MyEtherWallet (MEW) reportedly introduced its first nonfungible token (NFT) collection dubbed ETH Blocks on November 11th, aimed at completing tokenization for the Ethereum blockchain. 

Specifically, unique images in relation to ETH Blocks are rolled out deprived of the block’s data. These NFTs will be released only to MEW users through the MyEtherWallet website.

A variety of blocks have already been claimed, as revealed by the firm. Ethereum’s founders had their preference set upon blocks one through 10. 

There are also 13 ETH Blocks acting as the representative for the history of Ethereum, nominally major milestones, forks, and updates to the blockchain, which have been proposed for an auction lasting for a month. 

The proceeds will reportedly be sent towards different establishments like the Skid Row Housing Trust, Wikipedia, Girls Who Code, and NPR, among others.

“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.” Kosala Hemachandra, Head of MEW, offered further details regarding Ethereum wallet’s initiative to adopt a pro-attitude towards NFTs and innovate on the Ethereum blockchain. 

He additionally disclosed that the initiative has a primary goal of making it fully accessible to every feature of Ether. Because a majority of NFT markets are designed upon the Ethereum blockchain at the moment, he revealed that it “makes sense” to loop Ethereum users at all skill levels in the process, via rolling out supporting features for minting and possessing unique pieces of the blockchain itself.

“The amazing thing about ETH Blocks is that they can be sentimental and meaningful or an educational tool. 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.”

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