EtherRock explained

EtherRock also called EthRock is an early Ethereum based non-fungible token (NFT) project from 2017 that depicts various-colored rocks.^[1] There are 100 EtherRocks.^[2]

Background

In December 2017, 100 EtherRocks were produced via a smart contract, using artwork taken from a clipart website,^[2] and published on the Ethereum blockchain. Only 30 rocks were sold in the first three years of the project's existence.^[3]

In the early weeks of August 2021, Gary Vaynerchuk tweeted about EtherRock and the price spiked so much that the $300,000 became the lowest available price for one of the NFTs. Justin Sun has been reported to have bought an EtherRock for $500,000.^{[4] [5]}

In March 2022, a collector by the name of "Dino Dealer" claimed to have accidentally listed an EthRock for 444 WEI ($0.0012 USD) instead of 444 ETH ($1.2M USD), and said that it had been immediately sniped by a bot. The NFT was then relisted at $600,000.^{[6] [7] [8] [9]}

External links

• EtherRock website

Notes and References

1. Web site: Sigalos. MacKenzie. 2021-08-23. Somebody just paid $1.3 million for a picture of a rock. 2021-08-30. CNBC. en.
2. Web site: Free Clipart of a Cartoon Rock Is Selling for $300,000 as NFTs. 2021-08-30. www.vice.com. 17 August 2021 . en.
3. Web site: 2021-08-10. 'Purposeless' Digital Painting Of Ether Rock Fetches Rs 75 Lakhs on Ethereum Blockchain. 2021-08-30. News18. en.
4. Web site: EtherRock NFTs are now worth millions, but are they the originals?. 2021-08-30. Fortune. en.
5. Web site: Boris. Teejay. 2021-08-24. JPEG of a Rock, the EtherRock NFT, Sold for MORE than a Million Dolllars [UPDATE]]. 2021-08-30. Tech Times. en.
6. Web site: Ongweso . Edward . Someone Sold a $1 Million Clipart Rock NFT For Under a Penny by Mistake . Vice . Vice . 19 March 2022 . 11 March 2022.
7. Web site: Corrigan . Hope . $1 million clipart rock NFT accidentally sold for less than a cent . PC Gamer . PC Gamer . 19 March 2022 . 15 March 2022.
8. Web site: Frauenfelder . Mark . Gentleman accidentally sells NFT of a rock for $0.0012, it later sells for $641,866 . Boing Boing . Boing Boing . 19 March 2022 . 18 March 2022.
9. Web site: Zawadzki . Eduardo . Big mistake! Collector sells the NFT of a rock worth $1 million for a penny . Entrepreneur . Entrepreneur . 19 March 2022 . 16 March 2022.