Breaking News

ConsenSys Marks Ethereum Merge With Green NFTs

By Crypto BriefingCryptocurrencySep 02, 2022 01:15AM ET

www.investing.com/analysis/consensys-marks-ethereum-merge-with-green-nfts-200629304

By Crypto Briefing | Sep 02, 2022 01:15AM ET

Saved. See Saved Items.

This article has already been saved in your Saved Items

ETH/USD

+0.31%

Add to/Remove from Watchlist

The Ethereum development firm will release a free collection of NFTs called "Regenesis."

Key Takeaways

Ethereum development firm ConsenSys has announced a line of NFTs to mark Ethereum's upcoming Merge.
Ethereum's switch to Proof-of-Stake will reduce energy consumption, a fact reflected by ConsenSys' green NFTs.
In recent years, Ethereum-based NFTs have been criticized due to their dependence on energy-intensive mining.

Blockchain development firm ConsenSys has announced a line of green NFTs to commemorate Ethereum’s upcoming Merge.

ConsenSys Announces NFT Line

ConsenSys is releasing a line of eco-friendly NFTs to celebrate the Merge.

The company announced on Thursday, Sept. 1 that it will release a collection of NFTs called “Regenesis.” ConsenSys says that the NFT collection “explores the scale and significance” of Ethereum’s Merge and is “focused on the most important benefit of the Merge: sustainability.”

ConsenSys noted that Ethereum’s transition to Proof-of-Stake will reduce the blockchain’s carbon footprint by 99.95%, which is in line with estimates provided by Ethereum developers last year. With this change, the Ethereum network will be about 2000 times more energy efficient than it is today.

The collection of NFTs will feature art created by Chris Skinner and animated by KeithCity Group. The blockchain marketing agency Invisible North contributed to the design.

ConsenSys will begin to mint the NFT at 1:00 PM UTC on the Merge date and will allow minting to continue for 72 hours.

NFT minting will be free except for gas or transaction fees, and users will be able to mint as many NFTs as they like. Ethereum contributors who are part of the Protocol Guild will also receive an airdrop featuring a collection of limited edition NFTs.

NFTs have historically been criticized for being environmentally damaging because the Ethereum blockchain relied on energy-intensive mining.

Companies and brands such as Ubisoft, the WWF, Minecraft, Discord, and Sega have received backlash over the past year after announcing plans to release NFTs. Even Kickstarter, which opted for Celo’s energy-efficient blockchain, faced criticism.

ConsenSys pursued energy-efficient NFTs in 2021 when it co-launched the Palm ecosystem on Ethereum.

While Ethereum’s transition to Proof-of-Stake will virtually eliminate the environmental impact of NFT minting, it is unclear whether this will be fully recognized by the public, given the notoriety of past controversies around the issue.

Original Post

Add a Comment

3 Cryptocurrencies in a Price Crunch at Critical Levels: Here's How to... By Günay Caymaz - Nov 30, 2023

November has seen notable developments for major Altcoins, with Ethereum, Avalanche, and Chainlink forming price squeeze patterns. Ethereum's symmetrical triangle suggests a...

Bitcoin: Why Haven't Rising Rate Cut Expectations Sparked a Rally Yet? By Naeem Aslam - Nov 30, 2023

The Bitcoin price has continued to move in a sideways pattern for the past number of days, and this is despite the fact that we have seen the Fed dialing down their hawkish tone by...

Bitcoin Is a Constant in a World of Drama By Ulrik Lykke - Nov 23, 2023

The last week has been filled with more management drama than I can remember for any individual week. Most notably with the back-and-forth between OpenAI and Sam Altman, who first...

Add a Comment

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:

Enrich the conversation, don’t trash it.
Stay focused and on track. Only post material that’s relevant to the topic being discussed.
Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.
Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
Only English comments will be allowed.
Any comment you publish, together with your investing.com profile, will be public on investing.com and may be indexed and available through third party search engines, such as Google.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

I have read Investing.com's comments guidelines and agree to the terms described.

I Agree

Write your thoughts here

Are you sure you want to delete this chart?

Delete Cancel

Post

Post also to:

Replace the attached chart with a new chart ?

Replace Cancel

1000

Comment Guidelines

Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.

Please wait a minute before you try to comment again.

Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.

<div id="comment">
				<div class="comment js-comment" data-comment-id="{commentID}" id="comment-{commentID}" data-user-id="">
    <div class="mainComment js-content">
       <div class="commentInnerWrapper">
        <a href="{userLink}" class="js-user-link"><img src="{userImage}" width="33" height="33" alt="{usernameAlt}" class="img" onerror="this.src='https://i-invdn-com.investing.com/defaultUserMaleTmp.png';"></a><div class="commentBody">
                					<span class="commentUsername">
                    	<a href="{userLink}" class="js-user-link js-user-name">{username}</a>
					</span>
                                <span class="js-date" comment-date="{dateFormat}" comment-date-formatted="{dateFormatted}" title="{dateTitle}">Just Now</span>
                <div class="commentDropDown js-commentDropDownWrapper " data-user-id="" data-cid="{commentID}">
	<a href="javascript:void(0);" class="threeDotsIconSmall js-thinDropdownArrow"></a>
	<div class="tooltipPopup commentActionsPop noHeader js-commentDropDownOptions displayNone">
		<div class="addRow js-option share">
			<a href="javascript:void(0);" class="js-commentSharePopup" data-cid="{commentID}" data-curl="{commentLink}"><span class="smallShareIcon middle"></span>Share</a>
		</div>

<div class="js-option addRow follow">
            <div class="js-follow-post-button" data-reg_ep="follow comment">
                <span class="alertfollowIcon middle"></span>Follow this post            </div>
            <div class="js-unfollow-post-button displayNoneImp">
                <span class="alertUnfollowIcon middle"></span>Unfollow this post            </div>
        </div>

<div class="addRow js-option save"  data-reg_ep="save comment">
		<a href="javascript:void(0);" class="js-save-item-btn" data-item-type="comments" data-item-id="{commentID}">
			<i class="saveItemBigIcon middle"></i>
			Save		</a>
	</div>
	<div class="addRow saveItemsConfirmation noHover displayNone js-saveItemResult">
		
<div class="content js-saveItemSuccess displayNone">
	<span class="mediumGreenSuccessIcon"></span><span>Saved. See <a href="/members-admin/saved-items" target="_blank">Saved Items</a>.</span>
	<a href="javascript:void(0);" class="bugCloseIcon js-close"></a>
</div>
<div class="content js-saveItemAlreadySaved saveItemAlreadySaved displayNoneImp">
	<span>This comment has already been saved in your <a href="/members-admin/saved-items" target="_blank">Saved Items</a></span>
	<a href="javascript:void(0);" class="bugCloseIcon js-close"></a>
</div>
	</div>

<div class="addRow shareButtons js-sharePopup displayNone">
			<div class="js-shareComment"><span class="js-shareCommentSpan"></span></div>
		</div>
	</div>
</div>
                 <div class="commentAuthor js-comment-by-author"><span class="commentAuthorIcon"></span>Author's response</div>             </div>
		<div id="commentText-{commentID}" class="js-text-wrapper commentText withImage">
							<div id="commentBigChart{commentID}" class="commentBigChart js-comment-chart" onclick="openViewChartPopup('{commentID}')">
					<img src="https://d1-invdn-com.investing.com/comments_images/{commentImage}" alt="{commentAlt}">
					<i class="newMagnifyChartIcon"></i>
				</div>
						<span class="js-text">{commentContent}</span>
			<div class="clear"></div>
							<div class="commentButtons js-not-master-user">
					<a href="javascript:void(0)" class="reply js-reply-btn" data-real-parent-id="{commentID}" data-to-user-name="{username}" data-to-user-id="">Reply</a>
					<div class="inlineblock likeDislikeBox js-like-dislike-box" data-item-id="{commentID}">
	<input class="js-like-checkbox" type="checkbox" name="option" value="Yes" id="like_{commentID}">
	<label for="like_{commentID}" class="like" title="I agree"></label>
	<span class="numOfLikes js-like-count lighterGrayFont">0</span>
	<input class="js-dislike-checkbox" type="checkbox" name="option" value="No" id="dislike_{commentID}">
	<label for="dislike_{commentID}" class="dislike" title="I disagree"></label>
	<span class="numOfDislikes js-dislike-count lighterGrayFont">0</span>
</div>

<div class="reportComment js-flag float_lang_base_2">
                            <a href="javascript:void(0);" id="commentFlag_{commentID}">
                                <span class="reportCommentIcon middle"></span><span class="inlineblock middle">Report</span>
                            </a>
                        </div>
                    				</div>
					</div>
	   </div>
	</div>
	</div>			</div>
			<div id="reply">
				
    <div class="commentReply js-comment js-comment-reply" data-comment-id="{commentID}" id="comment-{commentID}" data-user-id="">
		<div class="commentInnerWrapper"><a href="{userLink}" class="js-user-link"><img src="{userImage}" width="33" height="33" alt="{usernameAlt}" class="img" onerror="this.src='https://i-invdn-com.investing.com/defaultUserMaleTmp.png';"></a><div class="commentBody js-content">
            				<span class="commentUsername">
					<a href="{userLink}" class="commentUsername js-user-link js-user-name" onMouseOver="">{username}</a>
				</span>
                        <span class="js-date" comment-date="{dateFormat}" comment-date-formatted="{dateFormatted}" title="{dateTitle}">Just Now</span>
			 <div class="commentAuthor js-comment-by-author"><span class="commentAuthorIcon"></span>Author's response</div> 			<div class="commentDropDown js-commentDropDownWrapper " data-user-id="" data-cid="{commentID}">
	<a href="javascript:void(0);" class="threeDotsIconSmall js-thinDropdownArrow"></a>
	<div class="tooltipPopup commentActionsPop noHeader js-commentDropDownOptions displayNone">
		<div class="addRow js-option share">
			<a href="javascript:void(0);" class="js-commentSharePopup" data-cid="{commentID}" data-curl="{commentLink}"><span class="smallShareIcon middle"></span>Share</a>
		</div>

</div>
		<div id="commentText-{commentID}" class="js-text-wrapper commentText withImage">
							<div id="commentBigChart{commentID}" class="replyBigChart displayNone js-comment-chart">
					<img src="https://d1-invdn-com.investing.com/comments_images/{commentImage}" alt="{commentAlt}">
					<i class="newMagnifyChartIcon"></i>
				</div>
				<span id="commentSmallChart{commentID}" class="commentSmallChart pointer js-comment-chart" onclick="openViewChartPopup('{commentID}')">
                    <img src="https://d1-invdn-com.investing.com/comments_images/{commentImageSmall}" width="116" height="52" alt="{commentAlt}">
                    <span class="chartMagnifyOverlay displayNone"></span>
                    <span class="searchGlassIcon chartMagnify displayNone"></span>
                </span>
						<span class="js-text">{commentContent}</span>
			<div class="clear"></div>
							<div class="commentButtons js-not-master-user">
					<a href="javascript:void(0)" class="reply js-reply-btn" data-real-parent-id="{commentID}" data-to-user-name="{username}" data-to-user-id="">Reply</a>
					<div class="inlineblock likeDislikeBox js-like-dislike-box" data-item-id="{commentID}">
	<input class="js-like-checkbox" type="checkbox" name="option" value="Yes" id="like_{commentID}">
	<label for="like_{commentID}" class="like" title="I agree"></label>
	<span class="numOfLikes js-like-count lighterGrayFont">0</span>
	<input class="js-dislike-checkbox" type="checkbox" name="option" value="No" id="dislike_{commentID}">
	<label for="dislike_{commentID}" class="dislike" title="I disagree"></label>
	<span class="numOfDislikes js-dislike-count lighterGrayFont">0</span>
</div>

Are you sure you want to delete this chart?

Delete Cancel

Post

Replace the attached chart with a new chart ?

Replace Cancel

1000

Comment Guidelines

Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.

Please wait a minute before you try to comment again.

I feel that this comment is:

Spam

Offensive

Thank You!

Your report has been sent to our moderators for review

More Categories

1D1W1M6M1Y5YMax

US 30	35,686.0	+255.6	+0.72%
US 500	4,544.7	-5.9	-0.13%
Dow Jones	35,688.09	+257.67	+0.73%
S&P 500	4,544.24	-6.34	-0.14%
Nasdaq	14,167.25	-91.24	-0.64%
S&P 500 VIX	13.24	+0.26	+2.00%
Dollar Index	103.407	+0.731	+0.71%

Crude Oil WTI	76.97	-0.89	-1.14%
Brent Oil	81.84	-1.04	-1.25%
Natural Gas	2.806	+0.002	+0.07%
Gold	2,040.30	-6.80	-0.33%
Silver	25.280	+0.208	+0.83%
Copper	3.8512	+0.0257	+0.67%
US Soybeans	1,348.25	+1.25	+0.09%

U.S. 10Y	4.341	+0.074	+1.74%
U.S. 30Y	4.499	+0.048	+1.07%
U.S. 5Y	4.293	+0.074	+1.74%
U.S. 3M	5.406	+0.002	+0.04%
US 10Y T-Note	109.59	-0.34	-0.31%
Euro Bund	132.25	-0.47	-0.35%
10-2 Yield Spread	-38.84	+3.34	+-7.92%

Apple	188.67	-0.70	-0.37%
Alphabet A	131.84	-3.14	-2.33%
Tesla	240.92	-3.22	-1.32%
Amazon.com	145.33	-0.99	-0.68%
Netflix	473.68	-3.51	-0.74%
Meta Platforms	324.61	-7.59	-2.28%
Bank of America	30.39	+0.32	+1.08%

	Interest Rates	Next Meeting
FED	5.50%	Dec 13, 2023
ECB	4.50%	Dec 14, 2023
BOE	5.25%	Dec 14, 2023
SNB	1.75%	Dec 14, 2023
RBA	4.35%	Dec 05, 2023
BOC	5.00%	Dec 06, 2023
RBNZ	5.50%	Feb 28, 2024
BOJ	-0.10%	Dec 19, 2023
CBR	15.00%	Dec 15, 2023
RBI	6.50%	Dec 08, 2023
PBOC	3.45%
BCB	12.25%	Dec 13, 2023

ConsenSys Marks Ethereum Merge With Green NFTs

Key Takeaways

ConsenSys Announces NFT Line

Related Articles