POW NFT #23

Collection

POW NFT

Ethereum

Owned by

0xaF...DdC0

Ethereum

Rarity

4,889

/ 5,866

Traits

Generation

4

Element

Helium

Period

1

Group

18

Category

Noble gas

Description

POW NFT 23. A Helium atom, created with Proof of Work NFT mining. POW NFT atoms are generated according to a scarcity model relative to the natural distribution of elements. The element, ionic charge and generative properties of the render are all determined by the token’s hash – an unpredictable result of the mining process. POW NFTs are the first ever mineable NFT, and are mined with an increasing level of difficulty using Proof of Work – a fundamental feature of blockchain first described in Satoshi Nakamoto’s Bitcoin whitepaper. When a POW NFT is mined, a unique and increasingly rare ERC-721 token is created. The mining process prevents front-running and network congestion while maintaining security, and parallel mining-difficulty and price-demand-curves create natural, market-driven scarcity.

Details

Token ID

23

Network

Ethereum

Standard

ERC721

Network

POW NFT

POW

Floor Price

24h Volume

Size

Owners

POW NFT 23