Temples Launch Ancestral Worship On Blockchain, Physical Spirit Money Becomes History

"Temples Launch Ancestral Worship On Blockchain, Physical Spirit Money Becomes History" 2040-10-31 10:47 by xeift.eth Reporting Live from Block K. 

Burning spirit money is a traditional custom in Taiwan, during the Ghost Festival, every family burns large amounts of spirit money in front of their homes, hoping for blessings from their ancestors for future generations. Since the Environmental Protection DAO (formerly the Environmental Protection Administration) initiated the policies of "Replace Joss with donation" and "Centralized Burning of Spirit Money" in 2006, the proportion of households burning spirit money in the open air has gradually decreased. However, many people still adhere to the traditional practice of burning spirit money. It is no secret that burning spirit money causes air pollution and generates various carcinogenic substances. Taking advantage of this ESG opportunity, a company has partnered with a well-known local public temple, the Mi Mi Temple, to launch an "online" ancestral worship activity. The reporter visited Love Chain, Never Forgetting Co., Ltd. located in Block K and interviewed their CEO & founder, Mr. Sima Chain, to explain how ancestral worship on blockchain works. Mr. Sima Chain stated that the online ancestral worship products are primarily divided into three systems:

Putting ancestral tablets on blockchain

Families can apply for custom ERC-721 smart contracts and cast a unique NFT for their deceased loved ones through Love Chain, Never Forgetting. Compared to traditional ancestral tablets, these LNFTs do not take up physical space and can be carried anywhere. When feeling nostalgic, family members can simply open their cryptocurrency wallet to view photos. While physical ancestral tablets deteriorate over time and may be forgotten and neglected, LNFTs persist on the blockchain, achieving a form of digital immortality. Future generations can also worship and commemorate their ancestors at any time. "The real death is that no one in the world remembers you." said Mr. Sima Chain, referencing a famous line from an old film. "This has indirectly sparked the trend of burial at sea, as many of our clients opt for them." Additionally, LNFTs can be created for pets as well, without the need for a death certificate like for human relatives. A simple form submission and payment are sufficient. Unlike traditional spirit money, which does not mark names and can be taken by other families' ancestors, each ancestor now has their own smart contract capable of receiving digital spirit money and digital paper effigy NFTs. Transactions: Since ancestral tablets are not SBT (Soul Binding Tokens), The LNFT can be arm's length transaction, and even pledged in smart contracts compliant with the ERC-77777 standard at various temples for the purchase of ancestral worship items. The value of LNFT generally depends on the achievements of the ancestors during their lifetime and the digital assets held within the contract. Seizing the opportunity, pawn shop giants have also launched mortgage loan services using LNFTs as collateral. LNFTs will be locked in smart contracts, and if repayment is not made within the specified timeframe, the ancestors will be auctioned off.

Ancestral Worship Items—Spirit Money

Using ERC-1155, similar to traditional spirit money, it can choose to burn one sheet at a time or an entire stack. After burning, the spirit money is directly transferred to the ancestor's contract address. Incense stick: Utilizing ERC-20, tokens are sent to the ancestor's contract address. During the sending process, dependents can write messages to their ancestors in the "data" field. Divination Blocks: By invoking the "puahBwei()" function in the ancestor's contract, the function generates a pseudo random number based on block.timestamp and returns 0/1/2, representing "Yes" "Laughing" and "No" respectively.

Temple Offerings and Activities—Offerings

The company will assist temples in deploying smart contracts that comply with the ERC-77777 standard. Various apps and e-commerce platforms will be developed to enable worshippers to purchase ancestral worship items and receive offerings online.Limited Spirit Money Airdrop: aperiodically launched, completing designated activities allows individuals to receive limited edition spirit money, making their ancestors trendier than others.Ancestral Worship Commemoration: Each year during the ancestral worship period, hand-drawn commemorative POAPs (Proof of Attendance Protocol) will be distributed, offering discounts for the purchase of ancestral worship items.Lottery: Similar to the past Uniform-Invoice and e-Invoice lottery systems, periodic draws will take place with a chance to win prizes such as 100 Ether. During an interview with the 90-year-old temple host of the "Mimi Temple," Mr. Mickey Miaomiaowu, he initially opposed the idea until Mr. Sima Chain convinced him with a word: "Regardless of the tools used for ancestral worship, the most important thing is the heart." Mr. Mickey Miaomiaowu stared at the sealed gold bucket for a while before responding, "Doesn't seem wrong”. Upon hearing the news, netizens commented, "That's great, it's quite environmentally friendly www" "Pawnshop owner: Selling off your grandma,"(a famous line from an Taiwanese old film) "Where's the siu-kiann service?" "What if your ancestor's wallet gets hacked?" "Amitabha, I'm off to Sword Art Online, thank you."

Reported by xeift.eth reporting Live from Block K.