Ultrasound Burn Redemption by x0r

The crypto community often refers to ETH as ultrasound money due to its underlying economic properties. Specifically, in EIP-1559, the base gas fee of every transaction is burned. As a result, if gas fees are high and there is significant network demand, ETH can become a deflationary asset (more ETH is burned than mined). Ultrasound is a homage to the bat and sonar emojis used by the crypto community symbolizing ETH as ultrasound money and is composed of EIP-1559 source code from go-ethereum.

This collection features 1 burn reward: ‘Ultrasound’.

The burn will take place starting on Saturday October 23 at 6:30pm EST and end on Monday October 25 at 6:30pm EST.

In order to receive ‘Ultrasound’, you must burn 2 editions of Gas by x0r. Redemption pieces will be sent in a random order. Submitting your burn pieces earlier doesn’t NOT guarantee a lower edition number . There is no limit to how many ‘Ultrasound’ a collector can redeem! Any transfers before 6:30 PM EST burn window will disqualify the user from receiving the redemption piece.

To burn, you will need to send your pieces to @GASBURN on Nifty Gateway. The username of the account will be revealed exactly at 6:30 pm ET on this page - just refresh at that time!