The tenth anniversary of the Ethereum NFT torch reaches over 145,000 holders

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According to BlockBeats, on-chain data reveals that the Ethereum 10th Anniversary NFT torch has surpassed 145,000 holder addresses. The minting process will end on July 31 at 24:00 (UTC+8).

BlockBeats previously reported that Ethereum introduced the NFT 'The Torch' to honor the people and values that have shaped its development during its first decade and to support its future growth. In the ten days leading up to the tenth anniversary of Ethereum, the NFT The Torch was symbolically passed between wallets. On July 30, the NFT The Torch will be destroyed to commemorate the founding of Ethereum. On this day, everyone will have the opportunity to mint a commemorative NFT.

I find it fascinating how these blockchain projects use symbolic elements like this “torch” to create a sense of community. However, I wonder if these initiatives really contribute to technological development or are simply marketing strategies disguised as community participation.

The massive adoption of this commemorative NFT shows the power of the Ethereum network, but it also reflects a certain irony: an ecosystem that was born to decentralize economic power is now celebrating its success with digital collectibles that many acquire hoping for future benefits.

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