Blockchain group Metis launches first community-minted NFT

The blockchain company Metis has successfully launched the first-ever community-minted non-fungible token (NFT) dubbed as “Rebuilding the Tower of Babel.”

The artwork of the NFT aims to be a bridge for people with different backgrounds and establish a more versatile community, making it an adaptable addition to the growing NFT industry.

In a quote by Blockchain.news, Metis CEO Elena Sinelnikova said, “We may speak different languages and come from different cultures, but people around the world can achieve amazing things through decentralized collaborations.”

Sinelnikova added that they are excited to watch the rebuilding of the Tower of Babel and show “just how much power communities can have when they band together.”

Metis plans ahead

A few weeks after the Toronto-based company raised seed fund amounting to $1 million, they were able to release their new product.

Metis, founded in 2018 by Elena Sinelnikova, Kevin Liu, and Yuan Su, is currently developing an easy to use, highly scalable, low-cost, and fully functional Layer 2 Framework that will be dubbed as Metis Rollup, enabling the shift from Web 2.0 to Web 3.0 for applications and businesses.

Sinelnikova said that by bringing power back to users, Web 3.0 would vastly improve financial inclusion and help bring the world together.

Plans for the new NFT

Metis aims to sell the Rebuilding the Tower of Babel NFT to Ethereum’s leading NFT marketplace, OpenSea. All proceeds will go to the contributors.

The activity is divided into five phases, namely: Reserve Airdrop, Claim Tribe NFT, Community NFT minting, Auction, and Rewards. Users will be given an option to start a tribe of up to 15 people and they will get Metis tokens as airdrop rewards.

Rewards and surprises for users will be given in the first phase. A mystery box, which can be unveiled by participants, offers three cards, with each participant choosing a single card. The lucky ones will receive a key with 3x mining power, while the vast majority of other users will get keys that grant 1x mining power.

 

Image courtesy of Photo Manipulation/YouTube Screenshot

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