According to BlockBeats, on March 25, The New York Times turned one of its columns into a non-fungible token (NFT) and sold it publicly. “Why can’t journalists attend the NFT party?” New York Times technology columnist Kevin Roose tweeted, explaining the event. According to the column, proceeds from the 24-hour auction will be donated to the magazine's "Need Most Cases Fund" to support social welfare causes in New York and elsewhere. In addition, the buyer will be introduced in a subsequent article about the transaction, and their name, affiliation, etc. will be mentioned. Of course, the buyer can also choose to remain anonymous. As of press time, the NFT is being bid on the NFT marketplace Foundation for 4.65 ETH (about $7,600). As previously reported by Lvdong, Time magazine auctioned three special edition cover NFTs on the crypto art platform SuperRare, and stated that it would accept users to purchase the magazine using cryptocurrencies within 30 days. |
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