April 24, 2024

A famous magazine with 92 years of history will keep Ethereum

The American business magazine Fortune has decided to receive half of the proceeds from the recent sale of its non-fungible tokens(NFT) in cryptocurrency.

At the first NFT auction, which took place on August 6, the magazine sold a set of 256 digital collections of animated animations for the price of one ether (ETH) each

The collection plans were purchased"Almost instantly," according to Fortune. Interestingly, according to the words of the writer and editor of the journal Pobert Hackett, for the Fortune docs it will not be converted into a regular currency.

«50% will be directed to non-profit organizations. And yes, Fortune plans to STORE the ETH received.

NFT was developed by a digital artist"Pplpleasr". According to Fortune, the decision to release 256 NFTs is a tribute to the "256-bit cryptographic keys underlying such cryptocurrencies, like bitcoin and ether." Fortune magazine also held another three-day auction of digital collection items. The maximum bet for one of the NFTs reached 105 ETH. One cult publication of the enrollment in the total amount of 429 ETH, which in fiat currency amounts to about $ 1, 3 million.

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