Thousand Ether Homepage

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Thousand Ether Homepage
TEH .png
Blockchain Ethereum
Creation Date August 26, 2017
Fungibility Non-Fungible
Developer(s) Max Veytsman, Andrey Petrov
Artist(s) Max Veytsman
Explorer(s) [1] Etherscan
Marketplace(s) OpenSea, LooksRare
Social Account(s) [2]
Chat(s) Discord
Website(s) Official Site

A brief 3-5 sentence summary of the collection goes here. This is so that people can pull up any collection and in roughly 10-20 seconds have a basic understanding of the main aspects about it. In other words if you only had 3-5 sentences to describe the collection to people what would you say? This section can include information from the Infobox and should start with something similar to:


"Thousand Ether Homepage is an NFT project on the Ethereum blockchain. It was released on the 26th August 2017 by software developers Andrey Petrov and Max Veytsman."

The Thousand Ether Homapage is a homage to the famous Million Dollar Homepage, a viral hit from the 2005-era web created by then British teenager Alex Tew. According to the authors, "the goal is to balance the authentic retro feel of the original project with a modern interpretation of Ethereum blockchain technology".

Early history

This section is the core of the page and where you chronologically walk through the series of events that led up to release of the collection, the release, and the initial reception and following events. It's important to also provide the necessary context for understanding the historical significance of these events. It may help to organize this section into major events or periods of time via Sub-heading-1.

This project was created by Andrey and Max, on the 12th year anniversary of the launch of Million Dollar Homepage: August 26, 2017. They are software developers from Toronto. Andrey worked on cryptocurrency-related projects since 2011 and Max has an info-sec background. They both worked on some Solidity security audits together and thought this would be a fun side project to start.The Thousand Ether Homapage is a homage to the famous Million Dollar Homepage. The goal was to balance the authentic retro feel of the original project with a modern interpretation of Ethereum blockchain technology.

Authors

This section is for walking through the modern events chronologically starting roughly around 2021/2022 with the modern NFT era and the phenomena associated with it. This would include a rediscovery for example.

Supply and rarity

This section is particularly relevant for collectors because of how important it is to understand the scarcity/rarity of a collection. The goal here is to provide collectors with the information they need to understand the dynamics associated with the supply of the collection. This should be a trusted source where collectors can go to get the lowdown on a collection to ensure they are making informed decisions. What is the current supply? Is the supply locked or could the developer create more? If so how many more? Are there important rare attributes that collectors care about such as mint year and if so what is the supply of each one? It may be helpful to create tables in this area to give a more clear representation of supply/rarity. For example with CryptoPunks you could create tables for types and traits like was done

1621 ads

here.

Things to know

Thousand Ether Homepage vs Million Dollar Homepage

Imagine how you’d build a clone of the Million Dollar Homepage in 2017. You’d start with a database, it would probably have a user table and a table of ads belonging to the users. You’d host that database and a web app around it somewhere in the cloud. When a user signs up, they put in their email and password, verify their email, select the ad-space they want to buy, pay for the ad with a credit card, and then are able to edit the ad.

You’d probably need to implement some kind of locking, so a user can reserve an ad spot for the 10 minutes it takes them to fish their credit card out and enter the numbers.

The Thousand Ether Homepage has a fraction of the complexity. From the user’s perspective there’s no emails, no password, and no credit cards. They open thousandetherhomepage.com in an Ethereum-enabled browser like MetaMask or Mist, and they can just select a space and click “buy.” The ads they own are tied to their wallet, ready to have their contents changed.

From the developer’s perspective there’s no database, and no cloud. The “ads table” is the smart contract and the “users table” is the Ethereum wallet. The user-facing application is just html & javascript, hosted on Github pages.

"When we first started work on the Thousand Ether Homepage, I thought that the major innovation would be that we’d use a cryptocurrency for payment and a smart contract to track ownership. I didn’t realize that we were building an entirely new kind of web application.

When I thought about the kinds of applications that Ethereum allows you to build, my mind would go to The DAO, distributed applications that pay for their own hosting and use their capital to make decisions. It seems like scifi, something for the future when AIs are playing the stock market to make more paperclips.

What I didn’t realize was the near-term pedestrian implications.

Ethereum lets us build web applications that don’t need Stripe, don't need AWS, don't need a database, don't need usernames, and don't need passwords.

I knew that DApps were an important part of Ethereum, but it took actually building one to realize what it means". - Max Veytsman, Nov 2017 https://dev.to/mveytsman/ive-seen-the-future-of-the-web-and-its-ethereum-apa


What's so cool about the Smart Contract?

This is a template for you to start from. Just click the "Edit" button at the top to begin editing or if you prefer the more manual way click the "Edit source" button.


All the ad unit management happens on the blockchain. If you buy the ad slot, you own it forever (or until you transfer it to someone else).

As described by Matt and Andrey, the coolest thing is: "It’s simple and easy to audit. It doesn’t do anything weird with complex pricing structures or use sneaky modifiers.

The second best part? Simple means the fees are low. The most complicated thing you’ll do will only cost a dollar or two in fees, and you’re mostly paying for what you’re buying (storing your ad data on the blockchain) rather than complex middle-ware logic. As long as there is someone mining Ethereum somewhere and keeping it alive, your owned piece of the blockchain through the page will also remain active".

What if I want to advertise my socially-questionable business?

As it is completely decentralized no one can stop you, but authors advise that you set the NSFW flag if the content you’re putting up is not appropriate for minors or illegal in western society. NSFW ads are not displayed by default.

No one can ever take your ad away, but one right that developers do reserve is to mark your ad as NSFW if we feel that it’s inappropriate.

If you mark your ad as NSFW, then you can always change it later. If the developers have to go in and override your ad to NSFW, then only them can change it to not-NSFW later. Authors rather not get involved, but at the same time they don’t want to be liable for promoting questionable content.

What happens when I buy an ad?

You’ll be able to publish a URL for an image and a URL that your ad links to. You can change them anytime you want as well! You can even transfer your ad to someone else

Infobox

All fields in the infobox are not required. For example, a collection may have an artist and no developers. In this case "Developers" can be left blank. Infobox is smart enough to just not display a field if it is blank.

Citations

For now we don't need to be over the top and cite every single sentence the way Wikipedia does. It's more important that we get down a lot of our knowledge quickly, then later we can go back and improve citations to increase the integrity of the information. That said it's still encouraged to do a few citations for each collection. All you have to do Cite -> Basic -> Copy paste the full citation -> Insert. To generate the citation any citation generator can be used and it is not required that all fields are filled in. In 99% of cases you can simply install the MyBib Citation Generator Google Chrome extension which will automatically generate the full citation for the webpage you are on. A citation will look like this.[1]

Spelling and grammar

Always reread and proof read your writing multiple times. There are free tools such as Grammarly that you can copy-paste your writing into in order to catch the things that your computer's built in checker might not.

Objectivity

It's important for the integrity of this information that everything is written objectively. Simple state things and don't add extra bias or subjective opinions.

Look to other pages for guidance

You can reference the completed collection pages on the timeline on the homepage. We're not going to explicitly create a bunch of rules to follow for the time being, but attention to detail on basic stuff such as categories, only capitalizing the first word, etc. will lead to a more cohesive wiki.

Get feedback

It's very important that you ask for feedback from at least one other person who is knowledgeable about the collection and then integrate some of that feedback.

References

  1. “CryptoPunks: All Attributes.” Cryptopunks.app, 2022, cryptopunks.app/cryptopunks/attributes. Accessed 21 July 2022.

2. https://keybase.io/shazow

3. https://newsbtc.com/news/million-dollar-homepage-reborn-ethereum-smart-contract-dapp/

4. https://dev.to/mveytsman/ive-seen-the-future-of-the-web-and-its-ethereum-apa

5. https://news.ycombinator.com/item?id=15393446

6. https://www.producthunt.com/products/the-thousand-ether-homepage#the-thousand-ether-homepage