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Queen Elizabeth II: immortalized in blockchains or merchandise for a new business?

Posted on September 9, 2022 By Brad O'brien

Key facts: You will go to hell”, says a Twitter user who intends to profit from death. More than 40 new tokens are named after queens and kings on the Ethereum and Binance network. After the death of Queen Elizabeth II on September 8, a flood of new cryptocurrency and non-fungible token (NFT) projects flooded the blockchain ecosystem. At first glance it seems like the world is expressing its pain for the physical disappearance of the monarch of the United Kingdom. But with a closer look, anyone can understand that behind the euphoria the interest seems to hide for capturing the attention of the unwary. A few hours after the death of Queen Elizabeth II there were already around 40 cryptocurrencies dedicated to the monarch on the Ethereum and Binance Smart Chain blockchains.

A short tour of the DEX Screener site will be enough to notice that cryptocurrencies dedicated to the late queen now abound. They are obvious by their characteristic names, such as Isabel II, Elizabeth, Reina, Reina RIP, Reina Isabell II, among other. Other cryptocurrencies related to the successor to the crown of the British Royal Family, King Charles III, are seen on the same decentralized exchange data site. It seems that capitalizing on public attention is the focus of many, who also rely on how easy it is to create new crypto assets. The most curious thing is that many of the tokens and cryptocurrencies dedicated to the Queen have risen in value. As an example, the Queen Elizabeth Inu token raised its price above 3,000%, although in the last hours it has begun to fall. It is not ruled out that many of these proposals will disappear after having added profits.

Far from being solid proposals, some initiatives launched after the death of Queen Isabell II only seem focused on capturing the attention of the most unwary of the ecosystem. Source: Opensea.

The queen, immortalized in the world of blockchains?

Another avalanche of new projects is seen in the OpenSea NFT market. Today it seems that no one is willing to stop to think and create solid initiatives from the technical and artistic aspects. So no matter the quality, currently the face of Queen Elizabeth II is one of the most visible among the new collections of non-fungible tokens.

Queen Elizabeth II is one of them, although the one that is capturing the most attention from the community is the Queen Elizabeth 69 Years NFT collection. This pretends to offer an image for each year of the reign of Elizabeth II, but curiously it says that she will launch 69 and not 70, which was really the time that her reign lasted. On Twitter, some users invite not to believe in proposals like these, like notthreadguy, who believes that all those who try to capitalize on someone’s death will ultimately be punished. “I don’t know who needs to hear this but if you released a Queen Elizabeth Nft collection to profit off her death you will go to hell,” she wrote in his message.

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