Time Releases an Entire Magazine Issue as an NFT By DailyCoin

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Time Releases an Entire Magazine Issue as an NFT

Famous media outlet, read by millions daily, Time magazine released its first full issue as an NFT. The release marks the first time an entire publication has been stored on the blockchain and hosted through a decentralized protocol, thus, enabling users to read the magazine in the form of an interactive NFT.

The issue was created in partnership with LITDAO, a cultural organization that is currently developing a fully decentralized book.

On the cover of the NFT magazine stands one of the most prominent figures in the Web 3.0 space – Ethereum’s co-founder Vitalik Buterin.

Time has been launching NFT drops and accepting cryptocurrency payments since last year and ‘TimePieces’, the magazine’s official NFT marketplace, has launched several NFT collections and collaborated with numerous artists.

“As TIME continues to push the boundaries as to what is possible within the Web 3.0 ecosystem, producing the first-ever full magazine on the blockchain seemed like a natural extension for our brand and we knew this issue, in particular, would be cherished by our community,”
said Keith A. Grossman, the president of Time.

On the Flipside

  • Time has hired Will Ban to be its first-ever vice president of Web 3.0 operations. Ban will work to build the magazine’s Web 3.0 vision to support creators, collectors, and the community, Time announced.

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Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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Time Releases an Entire Magazine Issue as an NFT

Famous media outlet, read by millions daily, Time magazine released its first full issue as an NFT. The release marks the first time an entire publication has been stored on the blockchain and hosted through a decentralized protocol, thus, enabling users to read the magazine in the form of an interactive NFT.

The issue was created in partnership with LITDAO, a cultural organization that is currently developing a fully decentralized book.

On the cover of the NFT magazine stands one of the most prominent figures in the Web 3.0 space – Ethereum’s co-founder Vitalik Buterin.

Time has been launching NFT drops and accepting cryptocurrency payments since last year and ‘TimePieces’, the magazine’s official NFT marketplace, has launched several NFT collections and collaborated with numerous artists.

“As TIME continues to push the boundaries as to what is possible within the Web 3.0 ecosystem, producing the first-ever full magazine on the blockchain seemed like a natural extension for our brand and we knew this issue, in particular, would be cherished by our community,”
said Keith A. Grossman, the president of Time.

On the Flipside

  • Time has hired Will Ban to be its first-ever vice president of Web 3.0 operations. Ban will work to build the magazine’s Web 3.0 vision to support creators, collectors, and the community, Time announced.

EMAIL NEWSLETTER

Join to get the flipside of crypto

Upgrade your inbox and get our DailyCoin editors’ picks 1x a week delivered straight to your inbox.

[contact-form-7]
You can always unsubscribe with just 1 click.

Continue reading on DailyCoin

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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