MergeApes are minted! The Ethereum Network switches from Proof of Work to Proof of Stake, lowering Ethereum's power consumption by 99% and making NFTs climate-friendly. 42.0% of all mint fees and secondary sales royalties collected in perpetuity will go to public goods funding for open source projects in and around the Ethereum community through Gitcoin Grants. The MergeApes community will vote on which public goods projects to support. The remainder of funds will be used for development, marketing, news, education, and drops that align with the Ethereum ethos and web3 values.
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