The original source code for the world wide web has been sold as a non-fungible token, making $5.4m.
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.
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An NFT of the World Wide Web sells for $5.4 million.
NFTs, the hottest collectible that has been embraced by the founder of Twitter, the National Basketball Association and the artist who created a flying cat with a Pop-Tart body, has cast its reach back to the beginning of the digital age: the source code to an early version of World Wide Web.
Sotheby’s on Wednesday auctioned off the code, created by Tim Berners-Lee, in the form of a nonfungible token, or NFT, for $5.4 million with fees. Sotheby’s said it was accepting payment in cryptocurrency for both the hammer price and its buyer fee.
Tim Berners-Lee’s NFT of world wide web source code sold for $5.4m
An NFT of the original source code for the world wide web, written by its inventor Tim Berners-Lee, has sold for $5.4m at Sotheby’s in an online auction, the auction house said on Wednesday.
A non-fungible token (NFT) is a kind of crypto asset that records ownership of digital items, and has recently become a major asset in the creative world, with NFTs of artwork, music and internet memes selling for millions of dollars.