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New York Times columnist sells article for $ 560,000 digitally

2021-03-25T19:23:03.091Z


The New York Times columnist Kevin Roose on Thursday March 25 sold one of his articles in digital form for $ 560,000, the latest episode of the madness around the new " NFT " technology , which collectors are snapping up. To read also: "NFT": The new global fever of digital collectables The article itself was devoted to the initiative of the editorial writer, who aimed to test the market and exp


The New York Times columnist Kevin Roose on Thursday March 25 sold one of his articles in digital form for $ 560,000, the latest episode of the madness around the new "

NFT

"

technology

, which collectors are snapping up.

To read also: "NFT": The new global fever of digital collectables

The article itself was devoted to the initiative of the editorial writer, who aimed to test the market and expand a little more the fields of digital works sold in the form of "

NFT

".

The “

NFT

”, a non-fungible token or “

non-fungible token

” in English, allows a certificate of authenticity to be associated with any virtual object, whether it is an image, photo, animation, video, song. music and now a newspaper article.

This certificate is theoretically inviolable and cannot be duplicated.

It is designed using so-called “

blockchain

” technology, which serves as the basis for cryptocurrencies such as bitcoin.

The “

NFT

”, which has only really become popular for only six months, has boosted the digital collection market, which until now has been considered a niche.

On March 11, a digital work by American artist Beeple, titled "

Everydays: The First 5000 Days

", sold for $ 69.3 million at Christie's.

"

Why couldn't a reporter be part of the NFT party?"

", Read the caption of Kevin Roose's article, titled"

Buy this article on the blockchain! "

(Buy This Column on the Blockchain!).

24 hour auction

After 24 hours of auctioning, a collector who calls himself Farzin and whose username is @ 3FMusic won it with 350 ethereum, or ether, one of the major cryptocurrencies, or around $ 560,000.

"

I just look at my screen laughing without being able to control myself

," reacted Kevin Roose, journalist specializing in new technologies, a few minutes after the end of the sale, on his Twitter account.

The journalist had indicated that the proceeds of the sale, after deducting the 15% commission collected by the Foundation platform on which the auctions were organized, would go to the charities of the New York Times.

On Monday, the co-founder and CEO of the social network Twitter Jack Dorsey had sold, in the form of NFT, his very first Tweet, for $ 2.9 million.

On Thursday, a digital portrait made by the famous robot Sophia, with the collaboration of artist Andrea Bonaceto, was acquired for $ 688,000 during an auction on the Nifty Gateway platform.

Source: lefigaro

All news articles on 2021-03-25

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