We are proud to be part of BitColors ecosystem, a unique collection of 1000 NFT colors that you can own and trade on OpenSea. BitColors aims to create something unique in the NFT space and set an example for a new wave of collections like CryptoPunks did for avatars. Colors for our logo we took from the BitColors collection. Ownership of colors should be remarkable and unprecedented and you have a chance to buy it now. Want to follow their updates? Then subscribe to BtColors Twitter, and Discord.
The New York Times sells one of its columns as an NFT
Crypto News

The New York Times sells one of its columns as an NFT

Saudu Clement
Saudu Clement

After turning one of its columns into a non-fungible token (NFT) a few days ago, The New York Times has netted over $570,000 in ETH from the sale.

NYT tech columnist Kevin Roose had earlier tweeted about the initiative. He asserted that journalists were free to join the NFT party.

The auction took place on NFT marketplace Foundation. It ended yesterday afternoon, eventually selling for 350 ETH – equivalent to $572,000 at current prices. The winning bidder was Foundation user @3fmusic.

Roose explained that the proceeds of the sale will be channeled to Neediest Cases Fund. The fund was created by the newspaper giant to support social causes in New York and other cities. Although the buyer can choose to stay anonymous, there is an option to feature him/her in a follow-up article.

The Times has joined the list of publications cashing in on the NFT boom. These unique tokens are proof of ownership linked to a piece of art or creative work. Twitter’s CEO recently sold the first-ever tweet as an NFT for $2.9 million.

Meanwhile, bidding is currently ongoing for three issue covers from TIME Magazine.