According to the announcement, the NFT, called “The Ethereum Torch“, will move from wallet to wallet each day until July 30. The digital torch is designed to honor the people, ideas, and values that have shaped the Ethereum ecosystem since its launch in 2015.
The first ceremonial bearer is Joseph Lubin, co-founder of Ethereum and founder of ConsenSys. Over the next 10 days, a rotating cast of prominent figures from the community and builders will hold the torch for 24 hours.
This comprises a curated procession intended to reflect the global reach of Ethereum and its shared governance. On the last day, July 30, the NFT will be permanently burned, representing both the culmination of the first chapter of Ethereum and the beginning of the next.
To commemorate the occasion, a new NFT will be available for anyone to mint freely and openly:
“A commemorative NFT will be available that day for anyone to mint,” the network stated.
This token will serve as a public reminder of the milestone and is expected to be claimed by thousands across the ecosystem. The initiative reflects Ethereum's long-standing values of inclusivity, transparency, and decentralization. By turning the tenth anniversary celebration into a collaborative digital ritual, the foundation has reiterated its commitment to keeping Ethereum as a community-owned and community-driven platform.
