Journal at auction article: The value of nearly $500,000

Journal at auction article: The value of nearly $500,000

The NFT fever [Non-Fungible Tokens] continues. On Tuesday, Kevin Roose of The New York Times auctioned a column that he wrote as a blockchain for 350 ethers, equal to $530,000, or about 480 thousand euros. Money minus the inevitable service delivery commissions must go [...]

Money minus the inevitable service delivery commissions must go to charity foundations.

NFTs are a new way of declaring unique digital goods by thus making it valuable [for some].

Technology became popular in 2017, but it has been on the cover of news only in recent months, writes Der Spiegel, translates Periscope.

On the other hand, it's because of Roo and others' experiments that have turned everything digital into NFT. On the other hand, the success of artists like Beeple [Mike Winkeman] and musicians like Grimes proves that NFTs can be a new source of income for creative people.

Roose wrote on Twitter that he had been sitting in front of his computer since the auction started and was laughing uncontrollably at himself.

His experiment had surpassed even the greatest expectations. /Periscope

NFT is the data unit in digital accounts called “Blockchain” where any NFT can react to a unique digital unit, and thus become inconsistent.

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