The MergeApes NFTs have been successfully minted! The Ethereum Network has now transitioned from Proof of Work to Proof of Stake, significantly reducing Ethereum's energy consumption by 99% and making NFTs environmentally sustainable. Moreover, 42.0% of all mint fees and secondary sales royalties collected will be directed towards funding public goods for open-source projects within and around the Ethereum community through Gitcoin Grants, with the MergeApes community having a say in which public goods projects to support. The remaining funds will be utilized for development, marketing, education, news, and drops that align with the values of Ethereum and web3.
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Explanation of the Key Terms
NFTs
NFTs, or non-fungible tokens, are digital assets that represent ownership of a unique piece of content, such as artwork or music. These one-of-a-kind tokens are stored on a blockchain, such as Ethereum, and provide verifiable proof of ownership and authenticity. NFTs have become increasingly popular in recent years, with some pieces selling for millions of dollars at auction.
Ethereum
Ethereum is a decentralized blockchain platform that allows developers to build decentralized applications (dapps) on top of it. It is the second-largest cryptocurrency by market capitalization after Bitcoin. Ethereum's smart contract functionality allows for the creation of programmable money, which can be used to create various financial applications such as decentralized exchanges (DEXs), lending and borrowing platforms, and insurance products. With Ethereum, developers can create their own tokens and launch their own initial coin offerings (ICOs) or initial DEX offerings (IDOs) to fund their projects.
Web3
Web3 is the next generation of the internet, which is designed to be more decentralized, secure, and privacy-focused. It is built on top of blockchain technology and aims to provide users with more control over their data and digital assets. Web3 enables decentralized applications (dApps) to run on a decentralized infrastructure, allowing users to interact with each other and with digital assets in a more secure and transparent manner. Web3 is expected to revolutionize many industries, including finance, healthcare, and supply chain management.
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RiseAngle NFT Calendar
At RiseAngle NFT Calendar, we understand the importance of keeping up-to-date with upcoming NFT drops. That's why we offer a comprehensive NFT calendar that includes an ETH drops calendar, ADA NFT drops, Solana NFT drops, and Polygon NFT drops. With our NFT mint schedule, you'll never miss out on the latest NFT projects again.