

Bitwise launches an Ethereum advertising NFT! Proceeds will be donated to the Protocol Guild and 2 actors
Jun 22, 2024 am 04:46 AMBitwise, the issuer that participated in the application for Ethereum spot ETF, launched an advertisement introducing Ethereum and made the advertisement into NFT. 50% of the proceeds will be donated to the Protocol Guild created by the core contributors of Ethereum, and the other 50 % will be divided between the two actors.
Big Finance Sleeps
Bitwise stated that the "Big Finance Sleeps" short film it produced is the first national TV commercial produced in the form of NFT. The content is a dialogue between the two protagonists─Big Finance and Ethereum.
Big Finance is an old man wearing pajamas and business attire underneath, symbolizing traditional finance. He starts working hard non-stop at nine in the morning and gets off work on time at four. He claims that he has processed billions of funds in one day. Tired and ready to go to bed.
Ethereum, another young man wearing casual clothes, said that he also handles billions of funds a day, including stablecoins, NFTs, loans, etc., and works 24 hours a day.
Big Finance was very surprised after hearing this! But Ethereum hurriedly covered him with a quilt, saying that everyone is different and Big Finance should have a good rest and work again tomorrow.
But tomorrow is the weekend! Well~~ let’s rest until Monday!
Advertising NFT proceeds will be donated to the Protocol Guild and the two actors
Bitwise said that 50% of the NFT proceeds will be donated to the Protocol Guild, a collective financing mechanism created by Ethereum core contributors. The remaining 50% will be allocated to the ad's two actors, Jamie Kaler and Michael Tacconi.
So far, 1,392 of this NFT have been minted, and Protocol Guild, Kaler, and Tacconi have earned 0.62 Ether from the NFT, which is approximately $2,170.
This is another example of Ethereum’s unique ability to provide fair and transparent rewards to creators.
The above is the detailed content of Bitwise launches an Ethereum advertising NFT! Proceeds will be donated to the Protocol Guild and 2 actors. For more information, please follow other related articles on the PHP Chinese website!

Hot AI Tools

Undress AI Tool
Undress images for free

Undresser.AI Undress
AI-powered app for creating realistic nude photos

AI Clothes Remover
Online AI tool for removing clothes from photos.

Clothoff.io
AI clothes remover

Video Face Swap
Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Article

Hot Tools

Notepad++7.3.1
Easy-to-use and free code editor

SublimeText3 Chinese version
Chinese version, very easy to use

Zend Studio 13.0.1
Powerful PHP integrated development environment

Dreamweaver CS6
Visual web development tools

SublimeText3 Mac version
God-level code editing software (SublimeText3)

Hot Topics

This article reviews the price trend of Ethereum since its listing in 2015, from the initial $0.31, it experienced a surge in 2017 to nearly $1,400, as well as a market plunge in 2018 and 2022, and then hit a record high of $4,891.70 in 2021, as well as a rebound and stability in 2023. The article data covers the significant changes in Ethereum prices over each year and predicts price trends for 2024-2025, providing investors with a comprehensive historical reference and future outlook for Ethereum prices. Understand the history of Ethereum price fluctuations and seize investment opportunities!

This site (120bTC.coM): Ethereum spot ETF issuer Bitwise revealed this morning that it will donate 10% of the profits from the newly launched ETHW fund to Ethereum open source developers, saying that their credit cannot be taken for granted. This move It can be said to be a friendly expression of TradFi and innovative financial technology. Bitwise Ethereum ETF will distribute 10% of profits to Ethereum developers. Bitwise announced the launch of a new Ethereum ETF (code: ETHW) in a tweet on the 23rd, and introduced its features in detail: The fund will invest directly in ETH and charge 0.20% management. Fees (no management fees for the first six months or until the transaction volume reaches 500 million US dollars) 10% of the fund profits will be donated to Ethereum open source developers and disclosed through the fund

This article comprehensively interprets the major upgrade of Ethereum from the Proof of Work (PoW) mechanism to the Proof of Stake (PoS) mechanism. Because the PoW mechanism has limitations such as high energy consumption and low efficiency, and cannot meet the industry's growing demand for blockchain scalability, speed and efficiency, Ethereum has launched this upgrade. The article compares the principles and advantages and disadvantages of the two mechanisms PoW and PoS, elaborates on the key upgrade processes such as "The Merge", Dencun upgrade and future sharding, and analyzes the impact of this upgrade on economic model, ecosystem, developers, users and miners, and finally discusses the technical, community and supervision challenges faced during the upgrade process.

The transformation of Ethereum 2.0 from PoW to PoS is a major change in blockchain. The transformation stems from PoW's high energy consumption and poor transaction processing capabilities, which cannot meet the industry's development needs. The "merger" will be completed in September 2022, and there will be subsequent upgrade plans such as sharding. PoW and PoS have obvious differences in principle and advantages and disadvantages. Transformation affects economic models and ecosystems, and also faces challenges at technology, community, and regulatory levels, aiming to improve Ethereum's scalability, transaction speed and energy efficiency.

ETC is a hard fork currency derived from Ethereum. Its prospects depend on the development of the Ethereum network, the popularity of DeFi and NFT, miner support, and market sentiment. You can buy ETC through a cryptocurrency exchange, dealer or peer-to-peer market: 1. Create an exchange or dealer account; 2. Fund the account; 3. Find an ETC trading pair; 4. Enter the purchase amount and price; 5. Download Single transaction.

This site (120btC.coM): As the Ethereum spot ETF opened for the second day, the market saw a capital outflow of US$133 million, mainly due to the Grayscale Ethereum Trust Fund (ETHE). ) caused a massive loss of funds. At the same time, BTC once fell below 64k at noon Beijing time, and ETH fell by more than 5% in 24 hours. Ethereum spot ETF saw a net outflow of US$133 million on the second day. Farside Investors data pointed out that eight of the nine Ethereum spot ETFs currently on the market achieved net capital inflows on the next day. However, even so, the overall market still had a net outflow of $133.3 million, reversing Tuesday’s original net inflow of $106.6 million.

CoinbasePro belongs to the top exchanges and is a regulated professional trading platform that provides high liquidity, low transaction fees and advanced trading tools. It offers the following trading pairs: 1. Cryptocurrency to cryptocurrency; 2. Cryptocurrency to fiat currency; 3. Fiat currency to fiat currency. In addition, it supports trading of 22 cryptocurrencies, including Bitcoin, Ethereum, and Litecoin, among others.

MEW (MyEtherWallet) is a free and open source Ethereum wallet for storing and trading ETH and ERC-20 tokens. It does not have its own native token, so MEW coins cannot be invested.