What Is The The Thousand Ether Homepage?
Depending on your age, you may remember the Million Dollar Homepage, a platform launched by 21-year old digital entrepreneur Alex Tew in order to fund his education. The original Million Dollar Homepage offered advertisers the opportunity to purchase real estate on a million-pixel grid arranged in a 1000×1000 grid, and now a new blockchain-based platform is offering crypto enthusiasts and startups the same.
The Million Dollar Homepage was extremely successful, and netted its creator just a little over $1 million USD, as planned. The Thousand Ether Homepage builds on the legacy of this highly successful original concept, offering users the option to purchase real estate on a million-pixel board that is connected directly to the blockchain.
The Thousand Ether Homepage is the brainchild of two Toronto-based entrepreneurs by the names of Andrey and Max, who are selling individual pixels on the platform for the price of 0.0001 ETH. Both of the creators of the site have stated that the Thousand Ether Homepage is a simple fun side-project, as they both work in the cryptocurrency industry.
As a blockchain-based venture, the Thousand Ether Homepage is refreshingly direct. Creators Max and Andrey are quick to point out that the platform is not an ICO or a scam, but is instead a simple and direct method of selling advertising space. Buyers exchange ETH for ads by the pixel in an extremely straightforward manner.
Interestingly, the Thousand Ether Homepage claims that ads sold on the platform will “Be on the Ethereum blockchain forever”. As the platform is linked directly to the Ethereum blockchain, ads placed on the Thousand Ether Homepage will remain active for as long as at least one person in the world is mining Ethereum and keeping it alive- an extremely likely eventuality given the current ETH market cap.
To date, the Thousand Ether Homepage has sold a little under 80,000 pixels, which works out to around 80 ETH at a value of a little over $23,000 at the time of this report. According to the creators of the Thousand Ether Homepage, this capital is likely to be used in order to fund the developments of future projects.