Looking for an original bar/bat mitzvah gift with a biblical twist?
You can already buy jewelry encrusted with the nanometer text of the 24 books of the Hebrew Scriptures.
And now there’s CryptoVerses, a project that lets you buy, sell, collect, or trade individual encrypted Bible verses stored on the blockchain.
Four months after the launch of CryptoVerses in June, around 200 worms have been purchased as NFTs (non-fungible tokens). These crypto units each represent a specific image, unlike cryptocurrency tokens which look alike.
“An NFT represents ownership of something unique,” says software developer Yonatan Bendahan, co-founder and CTO of CryptoVerses.
Its co-founder, Yuval Meyraz, saw people using NFTs to represent digital images such as photos, paintings, videos, text, and audio.
“Yuval came up with the idea of using this technology to safeguard important information for people,” says Bendahan. “We took the biblical text, which billions of people around the world care about, and saved it on the blockchain.”
The CryptoVerses project has encrypted the 5,844 verses of the five books of Moses: Genesis, Exodus, Leviticus, Numbers and Deuteronomy.
“Each verse is blockchain-encrypted in Hebrew, the original language of the Bible,” says Bendahan.
“Because NFTs are abstract, we’ve created a visual image for each that you can navigate that can be seen in both English and Hebrew.”
All verses are categorized into collections based on 45 stories and 536 Bible scenes. Some examples of NFT Bible verses already sold are those describing the creation of the world; Moses and Pharaoh; the destruction of Sodom and Gomorrah; the laws of Yom Kippur; and the breastplate of the high priest.
This Israeli project uses the Ethereum blockchain, allowing buyers to confirm exclusive ownership of a particular unique digital cryptographic version of a Bible verse and verify the authenticity of that version.
CryptoVerses tokens can be traded on OpenSea, the largest NFT market in the world.
The cost varies by verse, ranging from 0.05 Ethereums (1 Etherium today equals around $4,000) to 0.1 Ethereums. Bendahan explains that most of the revenue goes to transaction fees paid to the server network.
“We see this project as an evolution of text, printing press, internet, and blockchain,” Bendahan says.
He adds that CryptoVerses is not just a novel gift and collectible idea, but serves to preserve the text from deletion or corruption by bad actors.
“It’s stored on an independent, decentralized network of computers, so no one can delete it,” he says.
“We believe that in addition to preserving the text, people will want encrypted verses for themselves and for future generations, who will become increasingly digitally oriented,” says co-founder Meyraz, director of business development at CryptoVerses.
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