CryptoZR@cryptoZR_
<>
Out of Nothing is my first cryptoart experiment. The artwork was created in December 2017 and released on January 5, 2018.
I modified the ERC20 token standard, allowing each Ethereum address to display a token called PRO.
This meant that over 500,000 active Ethereum addresses at that time would receive 88,888 Tokens simply by opening their wallets.
And I designed an additional mechanism during the token generation event. Where the 88,888 tokens on each address would only become active when owners made their first transfer.
Some people transferred tokens to others while others transferred them to their own addresses.
About two weeks later, this new token was listed on the decentralized exchange EtherDelta. The first trade of PRO occurred on the 34th day, where 4M PRO were purchased with 0.28 ETH.
This artwork explores the concept of how consensus is formed and how the legitimacy of currency is derived from consensus.
Even if the token itself is meaningless, as long as more people pay attention to it, its value will gradually increase.