EtherRock also called EthRock is an early
Ethereum
Ethereum is a decentralized, open-source blockchain with smart contract functionality. Ether (Abbreviation: ETH; sign: Ξ) is the native cryptocurrency of the platform. Among cryptocurrencies, ether is second only to bitcoin in market capita ...
based
non-fungible token
A non-fungible token (NFT) is a unique digital identifier that cannot be copied, substituted, or subdivided, that is recorded in a blockchain, and that is used to certify authenticity and ownership. The ownership of an NFT is recorded in the b ...
(NFT) project from 2017 that depicts various-colored rocks. There are 100 EtherRocks.
Background
In December 2017, 100 EtherRocks were produced via a
smart contract, using artwork taken from a
clipart website,
and published on the
Ethereum
Ethereum is a decentralized, open-source blockchain with smart contract functionality. Ether (Abbreviation: ETH; sign: Ξ) is the native cryptocurrency of the platform. Among cryptocurrencies, ether is second only to bitcoin in market capita ...
blockchain. Only 30 rocks were sold in the first three years of the project's existence.
In the early weeks of August 2021,
Gary Vaynerchuk
Gary Vaynerchuk (born Gennady Vaynerchuk; November 14, 1975; , ), commonly known as Gary Vee, is a Soviet-born American entrepreneur, author, speaker, and Internet personality. He is a co-founder of the restaurant reservation software company Res ...
tweeted about EtherRock and the price spiked so much that the $300,000 became the lowest available price for one of the NFTs.
Justin Sun
Justin Sun ( Chinese: 孙宇晨; pinyin: Sūn Yǔchén; born July 30, 1990) is a Chinese cryptocurrency entrepreneur, and business executive. He is the founder of Tron (founded July 2017), a blockchain DAO ecosystem. Sun is the Permanent Repre ...
has been reported to have bought an EtherRock for $500,000.
Prices continued to rise thereafter. In late August and early September 2021, 3 Etherrocks were sold for $ 2,268,832 (599 Ether), $2,607,584 (790 Ether) and $2,872,733 (888 Ether). Another Etherrock was sold for $1,929,060 (420 Ether). The highest price to date of $3,765,261 (900 Ether) was achieved in October 2021.
In March 2022, a collector by the name of "Dino Dealer" claimed to have accidentally listed an EthRock for 444
WEI ($0.0012 USD) instead of 444
ETH
(colloquially)
, former_name = eidgenössische polytechnische Schule
, image = ETHZ.JPG
, image_size =
, established =
, type = Public
, budget = CHF 1.896 billion (2021)
, rector = Günther Dissertori
, president = Joël Mesot
, a ...
($1.2M USD), and said that it had been immediately
sniped by a bot. The NFT was then relisted at $600,000.
See also
*
Rare Pepe
A rare Pepe or RarePepe is a variation on the "Pepe the Frog" internet meme, itself based on a character created by Matt Furie. The related Rare Pepe crypto project, created by various artists worldwide between 2016 and 2018, was based on the afo ...
*
CryptoPunks
*
Bored Ape
Bored Ape Yacht Club, often colloquially called Bored Apes, Bored Ape or BAYC, is a non-fungible token (NFT) collection built on the Ethereum blockchain. The collection features profile pictures of cartoon apes that are procedurally generated by ...
References
External links
EtherRock websiteEtherRock smart contract
{{Cryptocurrencies
Blockchain and auctions
Ethereum
Non-fungible token
Blockchain art
Digital art
2017 in art
2017 in Internet culture