Ethereum

#3520 Cobalt

Collection

POW NFT

Description

POW NFT 3520. A Cobalt ion with +3 charge, created with Proof of Work NFT mining. POW NFT atoms are generated according to a scarcity model relative to the natural distribution of elements. The element, ionic charge and generative properties of the render are all determined by the token’s hash – an unpredictable result of the mining process. POW NFTs are the first ever mineable NFT, and are mined with an increasing level of difficulty using Proof of Work – a fundamental feature of blockchain first described in Satoshi Nakamoto’s Bitcoin whitepaper. When a POW NFT is mined, a unique and increasingly rare ERC-721 token is created. The mining process prevents front-running and network congestion while maintaining security, and parallel mining-difficulty and price-demand-curves create natural, market-driven scarcity.

Traits

Generation

Element

Cobalt

Ion Charge

Period

Group