Tim Berners-Lee Sells Web Source Code NFT for $5.4 Million
Published on July 01, 2021 at 12:16AM
The original source code for the world wide web has been sold as a non-fungible token, making $5.4m. From a report: NFTs are certificates of ownership for digital assets, which often do not have a physical representation. They do not necessarily include copyright control -- and critics say they are get-rich-quick schemes that are bad for the environment. World-wide-web creator Sir Tim Berners-Lee sold the NFT to an unidentified buyer, through auction house Sotheby's. The highest bid stood at $3.5m for most of the last day of the auction -- but there were a flurry of bids in the closing 15 minutes. The auction began on 23 June, with an opening bid of $1,000. Further reading: Tim Berners-Lee Defends Auction of NFT Representing Web's Source Code.
Published on July 01, 2021 at 12:16AM
The original source code for the world wide web has been sold as a non-fungible token, making $5.4m. From a report: NFTs are certificates of ownership for digital assets, which often do not have a physical representation. They do not necessarily include copyright control -- and critics say they are get-rich-quick schemes that are bad for the environment. World-wide-web creator Sir Tim Berners-Lee sold the NFT to an unidentified buyer, through auction house Sotheby's. The highest bid stood at $3.5m for most of the last day of the auction -- but there were a flurry of bids in the closing 15 minutes. The auction began on 23 June, with an opening bid of $1,000. Further reading: Tim Berners-Lee Defends Auction of NFT Representing Web's Source Code.
Read more of this story at Slashdot.
Comments
Post a Comment