AUSTIN, Texas--(BUSINESS WIRE)--Eggschain, the first patented supply chain system that combines blockchain and genetics to bring medical grade information and data to individuals undergoing IVF in a secure, transparent and universally trackable format, is opening an online auction for the first publicly available spot for sperm storage on the blockchain. For a chance to win this historic prize, auction participants will place bids on an exclusive NFT that Eggschain will drop - the winning bid for the NFT will also secure the sperm account. The auction will begin at 12:00 pm ET on Saturday, March 26, and conclude at 11:59 pm ET on Wednesday, March 30.
Bids may be placed using either a credit card or Stacks cryptocurrency.
Click here to participate in the online auction
“We are thrilled to invite the public to join us in taking such a pivotal step forward into the era of patient-powered healthcare,” said Wei Escala, founder and CEO of Eggschain. “Eggschain was designed to empower people undergoing highly personal fertility treatments with secure access to their data. This auction is an opportunity to demystify fertility treatments, participate in crypto culture, and learn more about the blockchain and Eggschain.”
Within thirty days of the auction’s conclusion, the winning bidder must store the sperm in an Eggschain-approved clinic to be logged onto the blockchain via the Eggschain platform, or the spot may be taken by other patients.
The below is the description that will accompany the NFT on blockchain:
This NFT is a unique artistic expression of Eggschain and sperm, but also the first publicly available spot for his sperm on blockchain, via Eggschain, and a history-making moment of his own. Eggschain was created with the goal to empower people undergoing treatments related to biospecimens with secure access to their data that is secure, immutable and decentralized. Biospecimens include DNA, RNA, blood, sperm, eggs, embryos, tissues, organs, stem cells, genome and more. This NFT auction is an opportunity to demystify fertility treatments, participate in crypto culture, and/or learn more about Blockchain and Eggschain. Privilege and benefit may include lifetime discount on sperm storage for the 1st owner, with participating clinics. Sperm storage discount may only apply for the 1st owner of the primary sale, and not resells. Benefits subject to additional terms and conditions.
About Eggschain, INC.
Eggschain is a healthcare technology company and thought leader in the fertility, health tech, family-building and cryogenic preservation industries. Patent-granted and cloud-based, Eggschain is the first blockchain-integrated inventory management and chain of custody technology for tracking bio specimens, including sperm, eggs, embryos, genome, stem cell, tissues and organs, and other genetic material. In partnership with several of the world’s leading experts in reproductive biology, endocrinology and high complexity labs, Eggschain delivers medical grade information and data to individuals undergoing IVF in a secure, transparent and universally trackable format and also provides the means for clinics to monitor their inventory, either personal, such as oocytes and sperm, or lab-related, including equipment inventory and maintenance scheduling. At its core, Eggschain strives to enable better decision-making, preserving the hope of life and helping to advance humanity.