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NFT substitution of the unspendable genesis BTC. It represents the ownership of the first bitcoin mined by Satoshi Nakamoto. It reclaims the value of genesis BTC, so it can be spend via this NFT. Full story: Melouny.com
Genesis Bitcoin collection image

The NFT memorabilia and proposed substitution of the unspendable BTC. Why?

Own the greatest piece of crypto history. The Genesis Bitcoin NFT represents the ownership of the very first bitcoin mined by Satoshi Nakamoto himself on 3 January 2009.

The original genesis bitcoin can not be spent (transferred to someone) because the genesis block is hardcoded in the software - thus not a part of the blockchain database itself. This makes it invisible for processing while being counted in the total bitcoin supply.

Genesis Bitcoin NFT reclaims the value of the unspendable genesis bitcoin which is in unreachable territory in the manner of Terra nullius. So the genesis bitcoin can be spend vicariously through selling this Genesis Bitcoin NFT memorabilia.

Each of the 50 interchangeable BTC from genesis block has its own representation as a single Genesis Bitcoin Non-Fungible Token. Therefore the full price of one Genesis Bitcoin NFT is 1 BTC.

Full story: Melouny.com#story

Contract Address0x1a86...8fa1
Token ID2
Token StandardERC-1155
BlockchainEthereum
Creator Earnings
info
2.5%

Genesis Bitcoin

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50 total
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494 views
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Genesis Bitcoin

78

view_module
50 total
visibility
494 views
  • Unit Price
    USD Unit Price
    Quantity
    Expiration
    From
  • Unit Price
    USD Unit Price
    Quantity
    Floor Difference
    Expiration
    From
NFT substitution of the unspendable genesis BTC. It represents the ownership of the first bitcoin mined by Satoshi Nakamoto. It reclaims the value of genesis BTC, so it can be spend via this NFT. Full story: Melouny.com
Genesis Bitcoin collection image

The NFT memorabilia and proposed substitution of the unspendable BTC. Why?

Own the greatest piece of crypto history. The Genesis Bitcoin NFT represents the ownership of the very first bitcoin mined by Satoshi Nakamoto himself on 3 January 2009.

The original genesis bitcoin can not be spent (transferred to someone) because the genesis block is hardcoded in the software - thus not a part of the blockchain database itself. This makes it invisible for processing while being counted in the total bitcoin supply.

Genesis Bitcoin NFT reclaims the value of the unspendable genesis bitcoin which is in unreachable territory in the manner of Terra nullius. So the genesis bitcoin can be spend vicariously through selling this Genesis Bitcoin NFT memorabilia.

Each of the 50 interchangeable BTC from genesis block has its own representation as a single Genesis Bitcoin Non-Fungible Token. Therefore the full price of one Genesis Bitcoin NFT is 1 BTC.

Full story: Melouny.com#story

Contract Address0x1a86...8fa1
Token ID2
Token StandardERC-1155
BlockchainEthereum
Creator Earnings
info
2.5%
  • Sales
  • Transfers
Event
Unit Price
Quantity
From
To
Date