The former CEO of the bankrupt bitcoin exchange Mt Gox, Mark Karpeles, announced he has launched a non-fungible token (NFT) project that will give Mt Gox customers registered between 2010 and 2014 an airdropped NFT. The Mt Gox NFTs are ERC721-compatible tokens that claim to provide “specific use cases.”

Exchange CEO Announces Commemorative Mount Gox NFTs

Mark Karpeles has announced that he will be back in the crypto world, launching an NFT collection linked to the Mt Gox bankruptcy. “You can claim your Mt Gox NFT on [mtgoxnft.net] if you were a Mt Gox customer between 2010 and 2014. The NFT is airdropped for free, and available no matter if you had a balance or filed a claim with the bankruptcy,” Karpeles tweeted on March 28.

Karpeles explained that the NFTs don’t feature artwork, and also said the project would “not be using ethereum, because of the fees” and he mentioned that Polygon “looks like a much better choice at this point.” The Mt Gox NFTs also have a website that explains that each NFT is numbered (uint256), and they match each Mt Gox customer account number. This website explains how each NFT owner can use the NFTs to access a members-only area, future Airdrops, and a DAO governance structure.

“Ownership of a Mt Gox token is proof that someone was an early adopter of bitcoin,” the website details. [its] is also evidence of having survived and been through one of the most widely covered bitcoin-related catastrophes. A Mt Gox NFT is proof that you are an OG. You were there in the early days of Bitcoin, and now you can prove it on the blockchain.”

On March 28, Karpeles updated the community about his NFT project. The former CEO of the defunct bitcoin exchange stated that there were many requests for the Mt Gox NFT. He said that they would start minting tomorrow. “How do we receive? Will it just go to our polygon wallet on Metamask once you have submitted?” asked one individual in response to Karpeles’ tweet.

“You’ll get an email at that time and there’s one more step to choose your privacy options such as hiding balances/etc,” Karpeles replied. Once you confirm, the process will enter minting status and your wallet will be in your hand within a few hours at most .”

What do you think about Mark Karpeles and his new Mt Gox NFT project? Please comment below to let us know your thoughts on this topic.

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