EIP NFTs: How To Retroactively Fund Contributors To The Ethereum Ecosystem

Introducing the EIP NFTs. Only authors of finalized Ethereum Improvement Proposals can mint these new NFTs that represent their contributions to Ethereum as a whole. This is a way to, not only recognize, but retroactively fund the work of the developers and philosophers that make the Ethereum ecosystem what it is. How will the market value these EIP NFTs? That’s what the experiment is about. Related Reading | Why This Crypto Billionaire Abandoned Ethereum Before we get into EIP NFTs, what’s an Ethereum Improvement Proposal? According to the project’s documentation: “Ethereum Improvement Proposals (EIPs) are standards specifying potential new features or processes for Ethereum. EIPs contain technical specifications for the proposed changes and act as the “source of truth” for the community. Network upgrades and application standards for Ethereum are discussed and developed through the EIP process.” 4/ Each NFT that gets minted implements #ERC2981 which means that royalties will be paid in perpetuity to the minting address (i.e. EIP author). The artwork is heavily inspired by @Uniswap v3 LP NFTS by @crypt0glitter. You can see the collection here: https://t.co/ba5hBSH7n0 — blainemalone (@blainemalone) November 17, 2021 Retroactive Public Goods And The Results Oracle Before we get to EIP NFTs, we have to explore the Retroactive Public Goods idea. As with everything in the Ethereum ecosystem, this comes from the mind of ...