# First NFT Project on ECH

The first Echelon Egg was minted @ [May-01-2022 04:17:58 PM +-5 UTC](https://scout.ech.network/tx/0x9570a3bd1cf228bbc9391429f34639e28771a7b16303e774ee5a2fa03039b27b/token-transfers)

To the best of our knowledge this was the first NFT minted on the Echelon Network, and definitely the first to build and store all metadata on-chain.

### Mint Proceeds Breakdown

* 1000 EGG minted at 100 $ECH = 100,000 $ECH
* (50%) 50,000 $ECH - $sEGG LP
* (5%) 5,000 $ECH - Gradient Egg bounties
* (5%) 5,000 $ECH - Miscellaneous Promo
* (40%) 40,000 $ECH - Founder/Dev