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The co-creator of Dogecoin (CRYPTO: DOGE), Billy markus, sells his “10 commandments” to the meme cryptocurrency community that he wrote in 2014 as a non-fungible token (NFT).
What has happened
Markus, who uses the username Shibetoshi Nakamoto On Twitter, he said that he is going to sell digital images from the original Reddit post he wrote for the Dogecoin community in January 2014 as NFT on Rarible, an NFT token market.
# 10 NFT Doodle drop!
This week, I dramatized a Reddit post I made Jan 2014 about my vision for $ DOGE. Met with mixed reaction – some wanted focus on the speculation, and I wanted more focus on learning, growing, and fun.$ DOGE has 1000x’d since. pic.twitter.com/EOym6uUrRN
– Shibetoshi Nakamoto (@ BillyM2k) August 16, 2021
Markus will sell 420 copies of the “10 commandments,” of which 416 were available at press time. Editions were priced at 0.069 Ethereum (CRYPTO: ETH), which translates to nearly $ 220, at press time when ETH was trading at $ 3,184.78.
NFTs are minted on the Ethereum blockchain, as Dogecoin does not have any NFT capabilities.
The Dogecoin co-creator noted that the unclaimed doodles from the “Crappy Dogecoin Doodle” series are burned before each new installment is introduced every Monday.
Because it is important
NFTs, the blockchain-based tokenization of collectibles or pieces of art, allow users to own digital assets such as retail properties, art, digital sneakers, and video moments. It is a unique and indivisible digital asset.
Markus began publishing NFT’s weekly series “Crappy Dogecoin Doodles” in June. The “10 commandments” is the tenth installment of the series.
In May, Markus’ NFT titled “Capped Doge” sold for $ 70,000. He has also sold other pieces titled “Dogecoin Alpha” and “Doughge.”
Doge, the classic meme behind Dogecoin, sold for around $ 4 million at auction in June, making it the most expensive meme ever sold as NFT.
The movement of prices
Dogecoin is down 3.1% over the past 24 hours and was trading at $ 0.3271 at the time of publishing this article. For its part, Ethereum has fallen 3.5% to $ 3,184.78 over the course of 24 hours.