Ethereum Prize At present – Coinbase staff change NFT marriage ceremony rings on Ethereum blockchain throughout the ceremony | Fintech zoom

Ethereum Prize Today – Coinbase employees exchange NFT wedding rings on Ethereum blockchain during the ceremony

Two employees of the upcoming public crypto exchange Coinbase exchanged their vows for the ether (CRYPTO: ETH) Blockchain over the weekend.

What happened: Peter Kacherginsky and Rebecca Rose commemorated their marriage with Ethereum Smart Contracts and Non-Fungible Tokens (NFTs).

Rose, Head of Product Design at Coinbase, shared details of the blockchain-based ceremony on Twitter.

“In addition to a traditional Jewish ceremony, we wanted to cement our vows in a more personal way,” she said. Her husband, Kacherginsky, wrote a smart Ethereum contract for their marriage that issued Tokenized Digital Artwork (NFTs) for their respective cryptocurrency wallets.

The tokens were called “Tabaat”, which is the Hebrew word for ring, and contained an animation by artist Carl Johan Hasselrot of two different things becoming one.

“For us, the images of digital rings hidden in these NFTs are displayed in our cryptocurrency wallets as a constant reminder of the lasting bond they represent,” said Rose when she shared a link to blockchain explorer Etherscan, which reveals the permanent public record of represents this “virtual ring exchange”.

Etherscan also revealed more details of the blockchain wedding. According to the transaction details, the wedding contract was validated by the Ethereum network in four minutes and four seconds and cost miners fees of $ 50.

Kacherginsky created the contract on March 10 for 0.25 ETH, which was around $ 450 at the time, and spent another $ 87 on three more transactions to complete the tokenization of the marriage contract.

“In contrast to physical objects, the blockchain is forever. It’s unstoppable, impossible to censor, and doesn’t require anyone’s permission. The way love should be What could be more romantic than that? “explained Rose on Twitter.

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Ethereum Prize Today – Coinbase employees exchange NFT wedding rings on Ethereum blockchain during the ceremony

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