The long-awaited Ethereum Merge has happened, and the community can’t sit still. Moments after the historic crypto event, one user minted the first ever nonfungible token (NFT) 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 announcement 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 quickly purchased at the price of 36 Ether (ETH).
Someone just paid 36 ETH in gas to mint thisThe first minted NFT on proof of stake pic.twitter.com/zKUKI06EjH
Following the announcement of the first PoS NFT, crypto Twitter exploded with retweets and commentary. Community remarks ranged from “questionable decision making” to calling it “fire.” One user even questioned if the Merge panda is going to be the new ape, in reference to iconic Bored Ape Yacht Club personas.
Related: Breaking: Historic day for crypto as Ethereum Merge to proof-of-stake occurs
After the news broke of the first NFT mint and sale, so began the avalanche of firsts for the new blockchain operating system.
Sheldon Evans, the founder of the Web3 lifestyle brand Bloom, tweeted that the brand created the first official NFT collection to mint on the PoS network.
A new beginning We are officially the first NFT collection on the #Ethereum proof-of-stake chain.Airdrop of the rest of the tokens will happen later today https://t.co/jGj0EwE1K9
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.
update have made my first great purchase on this beautiful proof of stake
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