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Nebula Genomics, AkoinNFT, and Oasis Network are joining forces to auction the world’s first fully sequenced human genome as a non-fungible token (NFT). The ERC-1155 NFT will be sold to the highest bidder on June 10 and the team says it will be represented as a high-resolution artistic representation of Harvard Medical School Professor George Church, according to a press release on May 25, 2021.<\/strong><\/p>\n At a time when non-fungible tokens are fast gaining traction around the world, with a vast array of real-world objects, including artworks, memes, and <\/span>musical concerts<\/span> now stored on the blockchain as NFTs, the <\/span>$2 billion industry<\/span> is about to welcome the first-ever human genomic non-fungible token.<\/span><\/p>\n Per <\/span>sources<\/span> close to the latest development, Nebula Genomics, a leading privacy-focused personal genomics service co-founded by Harvard Medical School’s Professor George Church, is joining forces with Akon\u2019s\u00a0 AkoinNFT and Oasis Network to auction off Church\u2019s full genome as an NFT.<\/span><\/p>\n For those who are unaware, a genome is a complete encoding of a person\u2019s DNA and Professor George Church, who is often referred to as \u201cThe Father of Synthetic Biology,\u201d is the first human to have their genome fully sequenced.\u00a0<\/span><\/p>\n The team has hinted that the genomic data, whose NFT representation will be auctioned off to the highest bidder on June 10, 2021, will be stored on the Oasis Network blockchain via the Oasis Labs Parcel SDK.\u00a0<\/span><\/p>\n Commenting on the groundbreaking project, five-time Grammy nominee and cryptocurrency entrepreneur, Akon said:<\/span><\/p>\n \u201cAdvances in the field of genomics, led by people like George Church and companies like Nebula Genomics, are changing the world as are the advances in blockchain technology. As we celebrate the artist within all of us, there is no better indicator than our own Genome Sequenced DNA to showcase the individuality that makes us who we are. This NFT drop will be groundbreaking in so many ways.\u201d<\/strong><\/p>\n<\/blockquote>\n At a time when the issue of lack of <\/span>transparency<\/span> in the monetization of people’s health records is on the increase, the team says it hopes that auctioning off Professor Church\u2019s genome as an NFT, will set a good example for others in the health industry to follow.<\/span><\/p>\n<\/span>World\u2019s First Genomic NFT Goes On Sale<\/strong><\/span><\/h2>\n
<\/span>A Groundbreaking NFT\u00a0<\/strong><\/span><\/h2>\n
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