March 22, 2021 03:44 pm
Original Link: https://www.theverge.com/2021/3/22/22344403/time-nft-auction-is-fiat-dead-cover
Time made a hypey crypto cover and is selling it as an NFT
Time is the latest brand to jump on the NFT craze, with auctions for three magazine covers — including its iconic 1966 front page asking, “Is God Dead?” A more recent spin on the cover, “Is Truth Dead?” from 2017, is also up for auction, as is a brand-new “cover” that’s not actually appearing on the magazine: “Is Fiat Dead?” — a phrase that sounds like catnip for the type of crypto enthusiasts likely to bid on these things.
The three covers are selling on the NFT auction site SuperRare, with bids running through Wednesday evening. A minimum price of 10 Ether, or close to $18,000 USD, has been set for each cover. The “Fiat” cover is already at double that as of press time.
NFTs, or non-fungible tokens, are essentially blockchain-based...
Original Link: https://www.theverge.com/2021/3/22/22344403/time-nft-auction-is-fiat-dead-cover
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