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EtherRock also called EthRock is an early Ethereum based non-fungible token (NFT) project from 2017 that depicts various-colored rocks.[1] There are 100 EtherRocks.[2]

EtherRock
The original 2013 public domain clipart on which the collection is based
Platform(s)Ethereum
ReleaseDecember 2017
Genre(s)Collectable

Background


In December 2017, 100 EtherRocks were produced via a smart contract, using artwork taken from a clipart website,[2] and published on the Ethereum blockchain. Only 30 rocks were sold in the first three years of the project's existence.[3]

In the early weeks of August 2021, Gary Vaynerchuk tweeted about EtherRock and the price spiked so much that the $300,000 became the lowest available price for one of the NFTs.[2] Justin Sun has been reported to have bought an EtherRock for $500,000.[4][5]

Prices continued to rise thereafter. In late August and early September 2021, 3 Etherrocks were sold for $ 2,268,832 (599 Ether),[6] $2,607,584 (790 Ether)[7] and $2,872,733 (888 Ether).[8] Another Etherrock was sold for $1,929,060 (420 Ether).[9] The highest price to date of $3,765,261 (900 Ether) was achieved in October 2021.[10]

In March 2022, a collector by the name of "Dino Dealer" claimed to have accidentally listed an EthRock for 444 WEI ($0.0012 USD) instead of 444 ETH ($1.2M USD), and said that it had been immediately sniped by a bot. The NFT was then relisted at $600,000.[11][12][13][14]


See also



References


  1. Sigalos, MacKenzie (2021-08-23). "Somebody just paid $1.3 million for a picture of a rock". CNBC. Retrieved 2021-08-30.
  2. "Free Clipart of a Cartoon Rock Is Selling for $300,000 as NFTs". www.vice.com. Retrieved 2021-08-30.
  3. "'Purposeless' Digital Painting Of Ether Rock Fetches Rs 75 Lakhs on Ethereum Blockchain". News18. 2021-08-10. Retrieved 2021-08-30.
  4. "EtherRock NFTs are now worth millions, but are they the originals?". Fortune. Retrieved 2021-08-30.
  5. Boris, Teejay (2021-08-24). "JPEG of a Rock, the EtherRock NFT, Sold for MORE than a Million Dolllars [UPDATE]". Tech Times. Retrieved 2021-08-30.
  6. "Ethereum Transaction Hash (Txhash) Details | Etherscan". Ethereum (ETH) Blockchain Explorer.
  7. "Ethereum Transaction Hash (Txhash) Details | Etherscan". Ethereum (ETH) Blockchain Explorer.
  8. "Ethereum Transaction Hash (Txhash) Details | Etherscan". Ethereum (ETH) Blockchain Explorer.
  9. "Ethereum Transaction Hash (Txhash) Details | Etherscan". Ethereum (ETH) Blockchain Explorer.
  10. "Etherrock #55". Fractional.art.
  11. Ongweso, Edward (11 March 2022). "Someone Sold a $1 Million Clipart Rock NFT For Under a Penny by Mistake". Vice. Vice. Retrieved 19 March 2022.
  12. Corrigan, Hope (15 March 2022). "$1 million clipart rock NFT accidentally sold for less than a cent". PC Gamer. PC Gamer. Retrieved 19 March 2022.
  13. Frauenfelder, Mark (18 March 2022). "Gentleman accidentally sells NFT of a rock for $0.0012, it later sells for $641,866". Boing Boing. Boing Boing. Retrieved 19 March 2022.
  14. Zawadzki, Eduardo (16 March 2022). "Big mistake! Collector sells the NFT of a rock worth $1 million for a penny". Entrepreneur. Entrepreneur. Retrieved 19 March 2022.





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