Linagee Name Registrar confirmed as the oldest ETH NFT project, created in 2015

Linagee Name Registrar confirmed as the oldest ETH NFT project, created in 2015

A researcher Mason Keresty discovered the oldest domain name ETH smart contract from 2015 by a developer named Linagee.

Dubbed the Linagee Name Registrar (LNR), the newly discovered smart contract allows users to mint non-fungible domain name tokens (NFTs) for $0.70 and package them for $3-$4 for listing on the popular secondary NFT marketplace OpenSea. The contract was distributed on August 8, 2015, and has processed 414,112 transactions so far, according to Etherscan. NFT analysis page DuneAnalytics registers 30,025 wrapped domain names. About 60 domains was marked in 2015.

The founder of GenerativeNFTs.io, Jim Dee, has said that the smart contract has not been verified, which may explain why it remained hidden for seven years. A non-technical person will only see meaningless bytecode.

Keresty co-launched LNR Discord with developers on October 2, 2022.

LNR follows the Ethereum Name Service in launching human-readable names as NFTs on the Ethereum blockchain. ENS, which started in 2017 as part of the Ethereum Foundation and later became an independent organization, solved the Web3 problem of having to enter a series of letters and numbers to send a user an NFT or any crypto. Instead, by renting out ENS domain names for an annual fee, the destination wallet address can be replaced by a human-readable string ending in “.eth”, reducing the risk of sending tokens to the wrong address.

LNR already has domain name clubs such as ENS

LNR domain names end in “.og”, in the same way that Ethereum Name Services (ENS) domains end in “.eth”. NFT Historian LeonidasNFT has already claimed the domain name Leonidas.og and has actively participated in the LNR community since the smart contract was discovered.

See also  Fanatic sells 60% stake in Candy Digital amid 'imploding NFT market'

Like the ENS 10K Club, communities have formed around LNR domains. The ENS 10K Club is an exclusive community that has ENS addresses 0-9999 ETH. LeonidasNFT go away The LNR equivalent of a 10K address for Twitter user BuyseSandra on October 1, 2022.

Linagee is a combination of the Linux computer operating system and Apogee, a game studio responsible for the Wolfenstein 3D video game.

It is unclear whether LNR domains have any utility beyond speculation. Unlike the Ethereum Name Service, which is currently compatible with most ETH wallets, nothing has come from the project developers regarding wallet support.

EtherID2015 emits name service kroner

Until the discovery of LNR domains, EtherID2015 was believed to be the oldest domain name project on Ethereum, launching on November 30, 2015. Other early NFT collections include Punycodes2011 and Namecoin. BitDomains2011 was one of the earliest NFT collections to be established.

At press time, LeonidasNFT so they hope domain collectors will start “nerd out” over historically notable collections.

Currently, the highest sale price for the domain name ‘412’ was sold for 3 ETH.

For Be[In]Crypto’s Latest Bitcoin (BTC) Analysis, click here

Disclaimer

All information on our website is published in good faith and for general information purposes only. Any action the reader takes on the information contained on our website is strictly at their own risk.

You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *