On August 8, Caitlyn Jenner made waves by unveiling a singular public sale for her 1976 Olympic gold medal, using the MEDAL token. This revolutionary venture has shortly captured the eye of the crypto group, even gaining recognition from Mario Nawfal in a broadly attended X house.
The public sale is being performed on a custom-built platform developed by Jenner’s crew, utilizing the Base chain to supply fractional possession of this legendary piece of sports activities historical past. Jenner’s imaginative and prescient is to create a seamless mix between bodily memorabilia and digital property, enabling anybody to personal a digital share of her Olympic gold medal.
The MEDAL Token and Its Impression
The gold medal is tokenized as an ERC-721 NFT on the Ethereum Layer-2 community, Base. This NFT will probably be securely saved in a vault and damaged down into 100 million tradable ERC-20 MEDAL tokens. Every MEDAL token is linked to a legally binding contract signed by Caitlyn Jenner, guaranteeing verifiable possession of the medal by means of metadata saved on IPFS.
Expressing her enthusiasm, Jenner remarked, “That is the primary time a gold medal has been supplied as an NFT, and it’s an opportunity to personal a bit of historical past.” This revolutionary method not solely honors Jenner’s historic win but additionally presents a brand new funding alternative.
Understanding Fractionalization
The gold medal‘s possession is represented by a one-of-a-kind ERC-721 token, which incorporates verified authorized proof of possession by Caitlyn Jenner. This token is securely saved in a vault, permitting the medal to be divided into 100 million MEDAL tokens. Via this course of, followers and traders can personal a digital portion of Olympic historical past.
Public sale Particulars
The public sale is being hosted on Jenner’s {custom} platform, beginning on August eighth at 11:00 AM EST and ending on August fifteenth at 11:00 AM EST. Throughout this era, individuals can bid for fractional possession of the gold medal. There isn’t any set beginning worth, and the potential worth of every MEDAL token may attain a whole bunch of {dollars}, making it a promising funding alternative.
How one can Purchase MEDAL Tokens
- Go to the Public sale Web site: Navigate to https://public sale.brucejennerolympicgold.com/
- Join Your Pockets: Click on “Join Pockets” within the contribute part and hyperlink your Ethereum pockets.
- Enter the Quantity: Enter the quantity of ETH-Base you want to spend money on MEDAL tokens.
- Contribute: Click on “Contribute!” to finalize your buy and safe fractional possession of the 1976 Olympic Gold Medal by means of your MEDAL tokens.
This public sale marks a major milestone within the intersection of sports activities memorabilia and blockchain know-how, providing a brand new means for lovers and traders alike to personal a bit of Olympic historical past.
