To thank you for supporting us, this is our welcome NFT to you as a new Gecko!

Holders of this POAP celebrated Ethereum Mainnet's upgrade to Dencun. This eagerly anticipated upgrade is projected to reduce gas fees for Layer 2 networks, unlocking greater scaling for the Ethereum ecosystem. Special thanks to the Ethereum Foundation, Ethereum Cat Herders, The Daily Gwei and EthStaker for hosting the watch party call. https://ethereum.org/ https://www.ethereumcatherders.com/ https://thedailygwei.substack.com/ https://ethstaker.cc/

The address which minted this POAP participated in the KZG Summoning Ceremony: a publicly coordinated ritual to produce a random output. This output will be used in Proto-Danksharding, aka EIP 4844: an Ethereum scaling mechanism which will hopefully enable lower Layer 2 fees and greater global accessibility. EIP-4844 is expected to go live with the Dencun network upgrade in the near future. As of the time of writing, this ceremony was the largest setup of this kind when considering the number of contributions.

This POAP shows that you were there for the Ethereum Merge event on ETHGlobal.tv. Together we watched as Ethereum replaced its proof of work consensus algorithm with proof of stake reducing Ethereum’s energy consumption by ~99.95%. Additionally, to receive this POAP you needed to have joined the conversation and celebration!