Historical Timeline of NFTs on Ethereum Blockchain
ETH blockchain is the most popular platform digital artists use to host the NFT or digital art. An NFT is simply a unit of data stored on a blockchain. Anything can be an NFT, be it a picture, a video, or a crypto artwork.
Early NFTs on Ethereum Blockchain
Several NFT projects have been hosted on the Ethereum blockchain, and many more are hosted monthly, weekly, or daily. The debate over when NFTs were created is one that hasn’t been resolved. We will look at projects believed to be pioneers of the NFT world. This list focuses on those hosted or minted on the Ethereum blockchain.
Terra Nullius
Adam McBride believes the Terra Nullius is the first project minted on Ethereum on 7th August 2015. This project, regarded as the first true NFT, aimed at helping investors stake a claim on the blockchain.
The project started with 22 minted units at the first launch and 25 units subsequently. This small number and the fact that the Dev team didn’t call their product an NFT may have contributed to its low reception in the NFT community.
Block Plots (Etheria)
This game was hosted on ETH in October 2015. It has the reputation of being the first ever NFT with a transfer function that served as an inspiration for present-day NFTs. Etheria was simply a map made up of 457 pieces which people could buy and keep as NFTs.
Curio Cards
Minted on 9th May 2017, this NFT art project was the first of its kind on the ETH blockchain. The game is made up of 30 different collectible card characters, each having different rarity levels. Curio card characters were designed by a total of seven artists.
There are 29,296 cards in supply, with the value determined by the forces of demand and supply in the NFT market.
Crypto Punks
This NFT brought about a revolution in the NFT world. It started with 10,000 unique characters that caught the attention of NFT collectors and the crypto world.
This project also set the ERC-721 NFT standard still in use today. It is also one of the most successful NFTs in the crypto market.
Axie Infinity
Created in March 2018, this play-to-earn game recorded massive success and became popular on NFT stories. This game harnesses the fusion of blockchain technology and NFTs to provide a means of income for users.
Users earn cryptocurrency by battling Axies and competing with other players for control of a virtual kingdom.
Crypto Strikers
Although initially minted in June 2018, this NFT gained recognition in 2021 as the first ever Sports NFTs on the ETH blockchain. Holders of this NFT can trade and exchange sports player cards. In addition, this NFT has a reputation for being trustworthy and transparent.
World of Women
In 2021, the first of its kind female-run NFT projects were launched, starting with World of Women. Boss Beauties soon joined the ship after that.
Girls Robots Dragons (GRD): A Trailblazer
The legendary artists Zoltan Boros and Gabor Szikszai are the masterminds behind the GRD project. The NFT game launched in 2022, captivating the gamification industry with its exciting storylines and high-quality digital artworks.
This NFT game has 15 characters (5 each of girls, robots, and dragons). Each character is depicted by distinctive figures that embody their true selves; the Girls represent humanity and good. The Robots signify the future or what is to come, while The Dragons represent the unknown.
These unique characters also have four levels of rarity: common, rare, epic, and legendary. GRD card holders are also eligible to benefit from the price pools. You can check out the game at https://grd.fan/#/.
Galaxis
This blockchain-based project creates an avenue for digital artists to create and monetize dynamic NFTs with real utility. Owners or Collectors can add dynamic traits to existing or new NFT artworks using Galaxis.
You can check out the Galaxis NFT vault at https://galaxis.xyz/#/nft-vaults.
Conclusion
Although NFTs started on a shaky note, they have been able to adapt and make their mark in the crypto world. Going by what we’ve seen, the future promises to be exciting for NFTs.
Written by Olasoji Amujo, Business Analyst & Crypto Writer
