Time magazine enables cryptocurrency registration

The US weekly TIME recently sold three-pack covers through NFT, and the current highest price is known to have exceeded $ 35,000 (about 228,000 yuan). In the future, Time Magazine also plans to accept cryptocurrency registrations.

Time Magazine announced on the morning of March 22 that it would auction three NFTs for the first time in history, both old covers and a new cover designed specifically for the competition. These NFT terms can be used on their own or as an archive of the SuperRare cryptocurrency market.

The first issue of April 8, 1966, "Is God Dead?" sparked controversy at the time.

Now, half a century later, April 3, 2017, the cover of Time magazine, President Donald Trump's first year in office, asked, "Is the truth dead?" Time magazine editor-in-chief Nancy Gibbs said: “As many people said in 1966 that they believed in God, many are now saying that they believe in the truth. Play, we discussed the role. . What does he believe. His words If you believe, is that a lie? "

The word "Fiat" on the back cover is not as widely used in American culture as "God" and "Truth," but it certainly applies to all citizens of the world. Fiat currency is a government currency and is subsidized by the government without the use of real property such as gold and silver as a medium. This is the case with cryptocurrencies such as Bitcoin and Dogecoin.

This is one of our three unique creations at "Time", featuring one of the most important characters in the 98 year history of "Time", and the first special design for the NFT.

"Time" chairman Keith Grossman tweeted that the newspaper will start accepting cryptocurrency as a payment method for listing within the next 30 days. According to LinkedIn, the company is still looking for a new CFO who can "make the move to Bitcoin and cryptocurrencies."

Our cover of 'Time' will be on sale at NFT Supermarket SuperRare, which ends March 24.