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Showing posts with the label NFT

Visa buys NFT based CryptoPunk and paid $150,000 in Etherium

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Visa buys NFT based CryptoPunk and paid $150,000 in Etherium:  Leader in the digital payments   Visa   has purchased a digital CryptoPunk for $150,000, marking the company's first ever   NFT   purchase. The deal is clearly shows that, Visa is stepping into the world of NFTs with its purchase of   CryptoPunk 7610 .   Going forward, NFTs and Visa to align and integrate them in new brand strategy to gain a sizable market share. However, NFTs have often been compared to physical collectible items like rare trading cards and works of art.   The CryptoPunk 7610, which feBlatures a female punk with a mohawk and large green eyes. "We envision there could be a future where your crypto address becomes as important as your mailing address," Visa's Head of Crypto said.   An NFT - which stands for non-fungible token - is a unique digital asset designed to represent ownership of a virtual item. Unlike bitcoin and other cryptocurrencies, NFTs can’...

World Wide Web’s source code to get auctioned as NFT

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World Wide Web’s source code to get auctioned as NFT:  The   World Wide Web's creator Tim Berners-Lee   is auctioning off his invention's source code as an NFT (non-fungible token). Berners-Lee, a London-born computer scientist, invented the World Wide Web in 1989, revolutionising the sharing and creation of information in what is seen as one of the most significant inventions since the printing press appeared in Europe in 15th Century Germany.   Berners-Lee’s 1989 invention of the  World Wide Web  went on to revolutionise how the world creates and shares information. The winning bidder for the World Wide Web source code, tied as NFT, will receive a letter from Tim Berners-Lee “reflecting on the code and the process of creating it.”   The original archive of dated and time-stamped files contains the source code, written between October 3, 1990, and August 24, 1991.   Approximately 9,555 lines of source code, which include implementations of HTML, ...