• Temporarily Unavailable

NFTs Now Have Human DNA Sequences?

By Ollie H - Crypto Consultant - 15-04-2021

A crypto selling user known as "Cybex Dreamer" had made a new listing selling their DNA as a non-fungible token (NFT) for sale on OpenSea's digital marketplace. This includes the identifier, chromosome number, base pair location, and genotype; this NFT seller has put their DNA, the 3 NFTs up for auction, with each token containing one-third of their complete DNA sequence.

Even with it being just a sample of the seller’s genetic code and this data being"intended for genealogical research only," the first NFT bid is starting at 1 Ether (ETH), or around $2,463. There has yet to be a bid to buy crypto containing the user’s DNA at the time of release. There is, however, less than a day before the first auction concludes.

While this appears to be one of the few instances where an individual's DNA has been sequenced and minted on the blockchain, a business has announced that it will be selling DNA tokens for cryptocurrency trading enthusiasts. GenoBank.io intends to offer its customers the ability to build a biological NFT, allowing them to retain some control of their DNA.

In America, questions of privacy about one's DNA can be contentious and are not fully established in a court of law. In its Combined DNA Index System, or CODIS, the Federal Bureau of Investigation maintains a highly extensive database of genetic samples linked to cases such as sexual harassment and missing persons. In most cases, a court order filed on behalf of the holder is required to remove a DNA sample from the system.

The OpenSea consumer did not state that they are attempting to test any legal or ethical limits by allowing a random individual to possess a copy of their DNA sequence. However, if DNA is used as it is in dystopian sci-fi films like Gattaca, someone might theoretically get information on their ancestry, predispositions to genetic diseases, and how to commit identity theft at some stage.

If you’re looking to buy and sell cryptocurrency but you’re not sure where to buy Bitcoin (BTC),Ethereum (ETH) and other popular crypto online, then head over to BC Bitcoin and register an account to start investing in cryptocurrency.

https://cointelegraph.com/news/it-was-only-a-matter-of-time-some-nfts-now-have-human-dna-sequences

We use cookies to better provide our services. By using our services, you agree toour use of cookies.