MyEtherWallet, or MEW, launched its showtime nonfungible token (NFT) collection called ETH Blocks on Th, which tokenizes private blocks on the Ethereum blockchain. Unique images associated with ETH Blocks are generated based on the block's data. These NFTs are available exclusively to MEW users via the MyEtherWallet website.

A number of blocks accept already been claimed, co-ordinate to the visitor. Ethereum'southward founders chosen first dibs on blocks one through ten. There are also xiii ETH Blocks representing the history of Ethereum — such as major milestones, forks and updates to the blockchain — that have been put up for a month-long auction, the proceeds of which will be donated to organizations such equally The Skid Row Housing Trust, Wikipedia, Girls Who Code and NPR, among others.

Cointelegraph spoke with Kosala Hemachandra, CEO of MEW, to learn more about the original Ethereum wallet's decision to embrace NFTs and innovate on the Ethereum blockchain:

"MEW is defended to making history by bringing NFTs to help newcomers and experienced users explore a new style of Ethereum in a trusted environs."

He went on to explain that the projection aims to provide complete access to all the Ethereum blockchain has to offering. Since nearly NFT markets are currently built on the Ethereum blockchain, he told united states that it "makes sense" to involve Ethereum users at all skill levels past allowing them to mint and own unique pieces of the blockchain itself.

When asked what he considers to be the value commuter behind owning an ETH Block, Hemachandra told Cointelegraph:

"The amazing matter about ETH Blocks is that they can be sentimental and meaningful or an educational tool. Users [tin can] take control of the ETH Blocks in the manner they want to and be as creative equally they tin be with how they share them and which moment on the blockchain they mint."

As much as ETH Blocks may be sentimental for users, Ethereum's history and "every private fork and upgrade hold a special place" in the MEW squad'south hearts likewise, added Hemachandra. Since both the Ethereum blockchain and MyEtherWallet were founded in 2022, Hemachandra noted that MEW has made it a priority to be at the forefront of innovation for the Ethereum community:

"We believe that [Ethereum] can grow into the indisputable best blockchain for Web3. And now, with ETH Blocks, we all tin can remember how we got there when we arrive!"

Before this year, Hemachandra wrote an commodity for Cointelegraph well-nigh the value beyond the hype of NFTs. And with the announcement of ETH Blocks, he and the MEW squad hope to demonstrate their conviction in the potential of Ethereum and the staying power of NFTs.