NEGATIVE VALUE

CERTIFICATES

Issued by
Steve Pikelny
Tokens Issued
256
Tokens Offered
256
Par Value
-0.09937734 ETH
License
CC BY-NC 4.0
Contract
0xe6da...daba
Public Issuance
COMPLETED

Each Negative Value Certificate has a par value of -0.09937734 ETH, which is backed by a one two hundred fifty-sixth share of the 25.4406 ETH loss sustained by Ethereum address:

0x7c23c1b7e544e3e805ba675c811e287fc9d71949

following the public exposure of its private key on October 15, 2021 at 02:44:49 (UTC).

While certificate holders may possibly sell this token for an amount greater than the purchase price, the negative par value indicates that they have no reasonable expectation of profit, and, in fact, have a reasonable expectation of loss.

Certificates are non-revokable, non-redeemable, and may not be exchangeable for monetary or non-monetary compensation.

All certificates are minted through the compromised wallet responsible for the loss as proof of authenticity.

Certificates are backed by the following liabilities:

Liquid Assets

ETH
10.5041 ETH
Uniswap LP
6.5938 ETH
USDC
2.7400 ETH
WETH
1.2163 ETH
LINK
0.1490 ETH

Liquid Assets Total: 21.2032 ETH

NFTs (All values based on cost basis)

Exterior #138
0.910 ETH
Radiance #129
0.450 ETH
Robotto #8221
0.213 ETH
CryptoArte #1660
0.169 ETH
Transitions #4625
0.137 ETH
Transitions #185
0.118 ETH
Gen 3 #642
0.087 ETH

NFT Total: 3.377 ETH

Total Gas Spent on Asset Recovery: 0.8604 ETH

Grand Total: 25.4406 ETH

Read more about the circumstances of this negative value here.