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First Merge NFT minted for $60,000

Today it happened: Ethereum was successfully switched from Proof of Work to Proof of Stake.

First Merge NFT minted for $60,000

Today it happened: Ethereum was successfully switched from Proof of Work to Proof of Stake. Shortly after the Merge, the first NFT on Ethereum 2.0 was mined. The name of the digital artwork? "The Transition".

For this, the wallet was dug deep: According to Etherscan, 36ETH in gas was paid — the equivalent of about $60,000.

The NFT is already for sale on OpenSea, by the way. Current price: 9.15 ETH — about $15,000. More information about the Merge and what consequences the transition has you can read it here.


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