The long-awaited Ethereum Merge has ensued, and the community can’t sit still. Moments after the historic crypto event, one user minted the first ever nonfungible token on the proof-of-stake (PoS) consensus.
Officially the Merge took place on Sept. 15 at 06:42:42 UTC at block 15537393. The first statement of the mint and sale of the NFT came shortly after at 07:08 UTC.
The NFT, which is a time capsule of the moment of the first NFT mint and the iconic panda face, was rapidly purchased at the price of 36 Ether (ETH).
Following the announcement of the first PoS NFT, crypto Twitter blows up with retweets and commentary. Community remarks ranged from “questionable decision making” to calling it “fire.” One user even asked if the Merge panda is going to be the new ape, in reference to iconic Bored Ape Yacht Club personas.
After the news broke of the first NFT mint and sale, so started the flood of firsts for the new blockchain operating system.
The founder of the Web3 lifestyle brand Bloom, Sheldon Evans, tweeted that the brand created the first official NFT collection to mint on the PoS network.
While some are proudly showing off their first minted digital assets and collections, others in the Ethereum community are proudly displaying their first purchases on the new system.
Consensys, the blockchain software company of Joseph Lubin, is also inspiring community members to make their first transaction on PoS by minting one of their own celebratory NFTs which celebrates the Merge.
The Merge has also sparked creativity from big names such as Beeple, who created a Merge-inspired illustration of a large slowly forming Ethereum logo supported by scientists. Members of the Ethereum Foundation also got creative and composed and performed a song dedicated to the event.
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