Eth rocks nft

eth rocks nft

How to Buy Ether Rocks?

Just like any other dApp on the Ethereum network, users have to connect their web-extension wallet – MetaMask to the official website, using the “Connect to MetaMask” button. Follow the instructions on the MetaMask extension to let the wallet integrate with the EtherRock.com website.

Now, after making sure you have enough ETH in your balance, you can browse the marketplace and simply look for rocks with a BUY button below them.

Just Another Seasonal Hype?

With EtherRocks having no real purpose, critics argue that it’s just another passing trend in the crypto space pushed by the rapid growth of the NFT market, and it won’t be long until the hype dies down.

But at the moment, the price of these virtual rocks is increasing every minute and smart investors are cashing out.

Eth rocks nft

Currently, all of the Ether Rocks have been successfully minted and majority of the rocks are put up for sale, via the Ether Rocks NFT marketplace.

How much are Ether Rocks valued at currently?

The rocks are currently valued at sale price from a range of 31 ETH (nearly $104,000 USD, at the time of writing) to a whopping 626,262 ETH (approximately $2.1 billion USD) per one, and these rocks are in high demand for purchasing, at the moment. Only a few weeks ago, ETHRock number 21 was sold for 45 ETH, equivalent to about $134,240 USD, at the time.

This craze to own one Ether Rock is causing the prices to spurge even higher. The cheapest rock in the Ether Rocks marketplace is currently valued at 95 ETH ($305,000 USD).

Eth rock nft price

NFT craze subsides. The meme culture surrounding the rocks has also helped with their popularity, with many saying that despite their simple and somewhat ridiculous premise, they serve as a scarce, extremely limited supply collectable that may become more valuable as time goes on.

Also, in fitting with the simple nature of the project, the comical tagline “We like the rock” frequents EtherRock related posts on Twitter.

The meme culture has spread to other NFT projects too, with CryptoPunks, Pudgy Penguins and other rock-related NFT projects becoming the latest NFT projects to flourish throughout the various crypto communities on Twitter and social media.

CryptoPunks are considered an “OG” project in the NFT space and are seen as the “holy grail” of NFT among avid collectors.

Ethereum rock nft

The cryptocurrency space has repeatedly taught us that with time anything can be valuable, even a collection of ordinary, digital rocks with no “real” value or purpose.

For the past few months, the entire industry has been raving about non-fungible tokens (NFTs), which are digital collectibles stored on the blockchain and can represent anything from art to music and real-world assets.

The craze has seen Investors pay mad money just to acquire NFTs like the infamous Beeple’s “First 5000 Days” that sold for $69 million. Even mainstream companies like Twitter and Visa are not left behind.

Ethereum rock nft price

The NFT craze has seemingly returned to the crypto industry following the record sale of an EtherRock NFT for an astonishing $250k.

EtherRock #61 purchased for Ξ78 Ether ($251,092.92)

3 hrs 14 mins ago (Aug-11-2021 05:54:13 AM +UTC)

Txn: https://t.co/eEWVWXEbJQ#EtherRock#EtherRockspic.twitter.com/tr7RFyFJHV

— EtherRock Price (@etherrockprice) August 11, 2021

EtherRock remains one of the original NFT projects launched on the blockchain, releasing shortly after the launch of CryptoPunks’ in June 2017. More than just a digital image, or “Rock.jpg”, each EtherRock minted comes in a unique colour and remains identical in shape and size.

What makes them so popular is the scarcity and collectable nature of the rocks, with only 100 EtherRocks ever being minted.

Txn: https://t.co/bSZvXGmCpt#EtherRock#EtherRockspic.twitter.com/UGWCfAu1zx

— EtherRock Price (@etherrockprice) August 23, 2021

The above image sold for over 400 ETH, or just over $1.3 million as per ETH value at press time. It’s essentially a non-fungible token (NFT)—or blockchain-based representations of real-world or virtual unique objects that prove their holders are the true owner of whichever underlying asset they represent, with the latter ranging from crypto collectibles to in-game assets to real estate.

EtherRocks have no intrinsic value or purpose, as pertheir own site: “These virtual rocks serve NO PURPOSE beyond being able to be bought and sold, and giving you a strong sense of pride in being an owner of 1 of the only 100 rocks in the game :)”

That has, however, not stopped individuals from shelling out huge amounts to own part of the supply.

That never dawned on me, but you are probably spot fucking on. The whole “let’s pay hundreds of thousands of dollars for a jpg file that depicts very minimalist/not terribly unique cartoon art” has utterly baffled me…I mean to the point where I have gone on incredulous rants to my girlfriend about the mind-melting rediculousness of it.

But seeing this comment has helped it all come together. If that is indeed what is going on, this NFT is the blockchain equivilent of that banana duck taped to a wall “art piece” (which sold a few years ago for some disgustingly high amount of money).
It’s been an open secret for a while now that some of those art shows in NYC (in which literal garbage is sold as art for hundreds of thousands of dollars) are uses as money laundering fronts for The Mob.

I’m convinced you’re right about this now.

EtherRocks’ NFT marketplace.

What is the Most Expensive Ether Rock for sale?

The rocks are selling for 31 ETH (approximately $104,000 at the time of writing) to an outrageous 626,262 ETH ($2.1 billion) per one, and they are being bought. Just a few weeks ago, ETHRock #21 sold for 45 ETH, worth about $134,240, at the time.

The craze continues to push prices further. The cheapest rock in the EtherRocks marketplace is currently priced at 95 ETH ($305,000).
Within the past few days, some of the rocks have been sold for $612,00, $642,000, $714,000, and even $837,000.

Unlike other NFT collections that can be traded on third-party NFT marketplaces, the ETHrocks can only be sold on its platform.

As of writing these lines, the most expensive rock was sold for approximately $1.3 million, or 400 ETH.

NFT craze subsides. The meme culture surrounding the rocks has also helped with their popularity, with many saying that despite their simple and somewhat ridiculous premise, they serve as a scarce, extremely limited supply collectable that may become more valuable as time goes on.

Also, in fitting with the simple nature of the project, the comical tagline “We like the rock” frequents EtherRock related posts on Twitter.

The meme culture has spread to other NFT projects too, with CryptoPunks, Pudgy Penguins and other rock-related NFT projects becoming the latest NFT projects to flourish throughout the various crypto communities on Twitter and social media.

CryptoPunks are considered an “OG” project in the NFT space and are seen as the “holy grail” of NFT among avid collectors.

“These virtual rocks serve NO PURPOSE beyond being able to be bought and sold, and giving you a strong sense of pride in being an owner of 1 of the only 100 rocks in the game,” part of the website reads.

But that’s not all. The metadata of these rock images is not even stored on the blockchain, thus making it almost impossible to tie their sole ownership to the images.

So what exactly is driving the craze? Most buyers of ETHRocks say their motive for spending huge sums of money to purchase the NFT, which has no real-world value, is to be in possession of the second-best historical NFT left, after CryptoPunks.

Holders revel in the nostalgic aspect of the non-fungible token rather than the monetary benefits or external utilities tied to the rocks.

Some people are convinced that the prices of EtherRocks will continue to soar.

EtherRock: NFT of rocks

EtherRock’s collection is 100 NFTs representing a JPEG depicting rocks built and sold on Ethereum’s blockchain. And it may be because of the limited number, but the 2017 brand today saw one of its unique pieces worth over $1 million.

They call it NFT mania, and EtherRock is definitely part of it with its initial distribution of its 100 NFTs dating back to Christmas 2017, with an initial sale worth 0.099 ETH.

Today, the entire collection of the EtherRock 100 is sold out, with only 33 available for resale on the official website. It is estimated that about 20% of the clipart rocks in the collectible token format are in wallets that are no longer used.

The current 400 ETH, and thus $1.3 million spent on the purchase, marks a new record for EtherRock NFT.

Clip art of a rock just sold for 400 ether, or about $1.3 million, late Monday afternoon. The transaction marks the latest sale of EtherRock, a brand of crypto collectible that’s been around since 2017 – making it one of the oldest non-fungible tokens (NFTs) on the block.

EtherRock is, as the name implies, a JPEG of a cartoon rock, built and sold on the ethereum blockchain. There are only 100 out there, and that scarcity is part of what’s driving up its value.

So, what are these rock pics good for? According to the EtherRock website, “These virtual rocks serve NO PURPOSE beyond being able to be brought and sold, and giving you a strong sense of pride in being an owner of 1 of the only 100 rocks in the game :)”

Following this latest sale, the new price floor for an EtherRock NFT has been raised to $1.02 million.
Two days ago, the cheapest rock went for $305,294.

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