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The founder of 1confirmation calls Ethereum the world's first asset with triple attributes.

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Nov 26, 2024

Nick Tomaino, the founder of 1confirmation, published an article on the X platform stating that Ethereum has become the world's first asset with three distinct attributes. These three attributes include: 1. Capital asset, representing ownership stakes in the developer ecosystem that drives crypto innovation (such as DeFi, NFTs, prediction markets, decentralized social networks, etc.); 2. Store of value, with an inflation rate lower than that of $BTC, and also serving as the foundational asset for decentralized finance; 3. Yield-bearing asset, with an annual yield of approximately 3%.

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