In brief
We wrote a technical and conceptual writeup of our NFT for @Sothebys Natively Digital auction: https://t.co/f77eBnyvRF
— terra0 (@_terra0) May 27, 2021
$84,582.00
-0.53%$1,597.26
0.51%$2.08
0.16%$594.25
0.44%$134.23
-0.33%$0.999976
0.01%$0.158636
1.03%$0.240544
-3.18%$0.630003
1.34%$1,595.69
0.52%$84,517.00
-0.52%$9.23
1.72%$12.64
0.43%$19.20
0.21%$3.00
1.61%$0.241533
-0.03%$0.00001232
4.06%$0.999959
0.02%$0.165871
1.01%$2.14
0.06%$344.31
1.90%$1,914.88
0.45%$76.56
1.49%$17.11
0.76%$3.71
1.87%$1.00
-0.02%$4.40
0.64%$0.998931
0.01%$1,596.66
0.42%$0.622135
0.58%$27.92
0.33%$215.71
-0.72%$1,699.96
0.47%$84,534.00
-0.52%$5.21
-0.01%$0.00000726
-0.74%$50.41
-0.48%$4.74
2.14%$22.47
-0.53%$33.51
-4.03%$0.833299
-0.02%$1.048
0.12%$2.06
0.09%$1.00
0.00%$15.48
2.60%$4.76
0.76%$269.64
7.81%$0.08412
0.56%$0.65671
-3.88%$1.17
0.02%$139.23
0.12%$3.96
-2.39%$0.076869
0.07%$0.02321178
1.44%$4.16
0.51%$4.23
0.12%$84,294.00
-0.54%$0.190256
3.82%$0.19129
1.66%$2.46
2.60%$0.997015
-0.24%$0.282022
1.75%$7.70
2.64%$0.465682
-1.37%$2.40
1.92%$3.84
-0.18%$0.291787
2.52%$0.512552
2.69%$84,482.00
-0.53%$10.02
-0.58%$1,358.62
0.71%$140.45
-0.17%$0.070559
-1.12%$0.666289
2.50%$0.374518
0.81%$3.84
-2.19%$1.025
-1.66%$0.01592603
7.55%$1,598.13
0.48%$0.625705
-0.46%$1,662.90
0.45%$64.03
-2.90%$0.00001196
1.18%$0.999921
0.03%$0.593275
1.23%$0.70784
0.23%$0.172676
2.71%$0.999765
-0.03%$1.00
-0.01%$3,349.29
0.39%$0.999778
-0.01%$0.441502
5.22%$14.03
0.90%$0.602954
-0.57%$7.95
2.09%$3,358.63
0.59%$1,796.58
0.38%$594.33
0.47%$0.752996
-12.51%$83,746.00
-0.83%$0.07807
2.41%$0.998077
0.00%$84,516.00
-0.39%$0.01361497
2.37%$147.90
-0.22%$0.645352
2.10%$0.260276
4.47%$0.01430935
2.64%$0.653373
-0.68%$2.16
-4.18%$0.01873516
0.67%$0.999111
0.11%$0.697059
1.02%$172.35
-0.37%$1,698.75
0.61%$3.43
-0.07%$0.60324
2.09%$0.00000061
-0.47%$0.159756
1.02%$0.100801
-1.14%$0.24009
1.62%$1.095
-0.66%$0.360252
4.00%$28.48
1.52%$0.00005634
2.95%$1.87
3.11%$0.499056
0.73%$0.275293
1.34%$1.61
1.15%$3.17
2.28%$1,670.20
0.47%$31.42
1.18%$84,270.00
0.73%$0.136687
-1.17%$0.997748
-0.06%$0.393079
-3.10%$0.067324
-0.93%$82,501.00
-0.64%$0.999976
0.01%$14.09
0.88%$0.42238
-2.51%$0.999976
0.01%$1.66
-2.20%$0.575199
1.73%$2.04
1.63%$84,558.00
-0.57%$83,087.00
0.00%$0.00744945
5.17%$0.00000042
-1.72%$0.00446861
-2.04%$1.082
0.87%$0.158468
0.97%$0.999955
0.87%$1,667.32
0.63%$1.14
0.72%$14.16
2.49%$0.427888
-7.12%$0.398828
4.44%$0.00001995
1.92%$110.75
0.00%$5.55
0.49%$1,701.15
0.99%$84,298.00
-0.42%$0.587699
3.93%$1,595.27
0.42%$22.82
0.00%$2.27
1.85%$1.00
0.09%$3.30
-10.62%$0.123585
1.65%$39.81
1.13%$1,597.23
0.56%$0.03670629
3.71%$0.999164
0.07%$1,596.54
0.53%$0.067712
4.11%$0.03492225
0.43%$0.432275
3.75%$5.28
5.17%$1,597.35
0.53%$0.999987
-0.02%$0.126996
-2.73%$0.190821
4.13%$0.162874
0.58%$0.00005968
2.89%$0.999595
-0.09%$0.07082
5.48%$0.999993
-0.00%$0.00609052
2.00%$0.01652146
-2.06%$0.759767
1.16%$0.269445
-2.03%$0.388008
-1.72%$0.488644
-0.97%$0.03046683
-0.79%$0.999754
0.08%$0.00354012
-0.09%$0.00468216
-3.86%$0.999867
-0.00%$1,611.04
-0.58%$108.43
-0.00%$3.49
-5.56%$0.649532
-14.32%$84,598.00
-0.46%$3,232.49
0.00%$0.00000133
4.81%$0.287232
-0.63%$2.43
-1.36%$0.268056
1.53%$0.127551
-0.89%$1.057
1.91%$84,551.00
-0.68%$0.99998
0.00%$2.74
-0.25%$20.99
2.83%$0.207936
3.62%$1,580.52
0.47%$0.563671
0.38%$22.97
8.17%$0.03528178
2.12%$0.999957
-0.02%$1,597.81
0.55%$0.529632
-0.07%$0.170978
1.95%$0.415192
2.16%$1,689.40
0.67%$0.0117014
1.08%$0.02731536
2.12%$0.235012
-7.73%$1,698.05
-0.54%$0.459548
0.54%$19.20
0.23%$0.00258121
3.59%$0.0223048
47.77%$0.098783
1.41%$3.49
1.16%$0.00037121
4.33%$2.12
6.65%$1.14
0.23%$0.999957
-0.02%$0.086918
2.87%$0.907781
-1.44%$0.253785
1.73%$0.00242483
7.03%$1,748.96
0.45%$84,422.00
-0.75%$1.31
11.70%$0.624597
-0.26%Reading
Sotheby’s is auctioning off an NFT that can be destroyed if the average global temperature rises 2 degrees centigrade (3.6 degrees Fahrenheit) above pre-industrial levels.
The NFT, Two Degrees, is a 20-second video of a 3D scan of a forest in southern Germany with a self-destruction warning superimposed on it.
We wrote a technical and conceptual writeup of our NFT for @Sothebys Natively Digital auction: https://t.co/f77eBnyvRF
— terra0 (@_terra0) May 27, 2021
“Just as the real forest will disappear as soon as a certain threshold in global climate change is passed, so will the NFT,” said the decentralized autonomous organization (DAO) that minted the NFT, terra0, in a description accompanying the lot, which closes on June 10.
The NFT’s smart contract uses an oracle to monitor the global temperature that NASA publishes in its annual reports.
Scientists expect that global temperatures will rise by two degrees by 2062 if the historical warming trend over the past 30 years continues. Should that happen, the NFT’s smart contracts allow anyone to “burn” it. The DAO describes it as a “hedge against annihilation.”
Since crypto’s impact on the environment is a common criticism, burning an NFT may, at first glance, appear to add insult to an injured Earth.
However, Ethereum’s upgrade to a proof-of-stake consensus mechanism in the next few years should reduce its environmental impact by 99.5%, according to the Ethereum Foundation, the non-profit that oversees the development of the network.
While that happens, eco-conscious crypto projects are on the rise. Last week, two developers launched CryptoTrunks, an NFT project that generates a pixelated tree in accordance with one’s transaction history.
An NFT project that grows a pixelated tree in accordance with the carbon footprint of your crypto trading was paused just two days after launch when Ethereum’s exorbitant gas fees turned the project into an environmental disaster. “Tens of dollars for the network cost of some free art is cool, hundreds of dollars is bonkers. Better to pause and wait for things to cool off,” Will, the pseudonymous developer of CryptoTrunks, told Decrypt. Gas fees cooled down about an hour later; the developers ha...
The developers briefly paused the project when Ethereum’s gas fees skyrocketed, and have since transitioned to a carbon-negative model, becoming the first major NFT project to do so.
As more and more games launch on the chain, the Solana gaming ecosystem aims to get a boost from Thursday's launch of the Solana Game Pass—a free NFT that will provide early access to games and potential crypto rewards to players. Available to mint via NFT marketplace Magic Eden, the Solana Game Pass launches with four weeks' worth of promotions across 30 partnered games, comprising "Season 0" of what's planned to be a multi-season program. Players who hold the free NFT will gain early access to...
A CryptoPunks owner sold their NFT for $6 million worth of Ethereum on Thursday, netting a $10 million loss in the process. CryptoPunk #3100, one of nine Alien Punks in the 10,000-piece collection and the only one with a headband, sold for 4,000 ETH or about $6,076,840 at current prices via a private offer on the CryptoPunks marketplace. The deal was allegedly brokered by crypto art brokerage Fountain. The anonymous seller had initially purchased the #3100 in March 2024 for 4,500 ETH, or aroun...
After teasing a big announcement and an announcement of an announcement, Magic Eden has finally revealed the news: It’s pivoting into fungible token and meme coin trading across multiple chains. In a move signaling its growing ambitions beyond NFTs, Magic Eden revealed Wednesday that it will acquire Slingshot Finance, the mobile-first crypto trading application known for its cross-chain swaps and retail-friendly interface. The acquisition strategy positions Magic Eden as an alternative to tradit...