The Ethereum Foundation has announced the launch of a new NFT collection in honor of Ethereum's 10th anniversary. This project aims to commemorate the people and values that have shaped the platform's development.
Ethereum Turns a Decade
On July 21, the Ethereum Foundation confirmed that Ethereum will celebrate its 10th anniversary since launching on July 30, 2015. This non-profit organization supports the Ethereum ecosystem, with notable members including Aya Miyaguchi, Vitalik Buterin, and Hsiao-Wei Wang.
> 2/ On July 30th, the torch will be burned to mark Ethereum’s 10-year anniversary. > A commemorative NFT will be available that day for anyone to mint. > Learn more. CITE_NA
Overview of Commemorative NFT
In celebration of the 10th anniversary, the Ethereum Foundation plans to launch a generative NFT collection called Torch, scheduled for July 30, 2025. This NFT will honor the people and values that have shaped Ethereum over the past decade and will be symbolically passed from wallet to wallet in the 10 days leading up to the anniversary.
Ethereum's Significance in the NFT Space
Ethereum plays a leading role in the NFT market, hosting many blue-chip collections such as CryptoPunks and Bored Ape. The platform's established infrastructure, robust smart contract capabilities, and active developer community make it popular for NFTs. Standards like ERC-721 and ERC-1155 facilitate the creation and management of unique digital assets.
The launch of the new NFT collection Torch symbolizes not only Ethereum's achievements over the past decade but also its commitment to evolving its ecosystem in the future.
