The NFT craze touched not only the world of games, fashion, music, and sports. Media editions are also greatly involved in the non-fungible ecosystem. The deliverer of breaking news TIME was one of the first media representatives to join the NFT world. Last year TIME issued the TIMEPieces NFT collection, composed of original artwork by more than 40 artists. It was a BIG collection literally and figuratively but TIME doesn’t stop there.
On March 23rd, the world-famous magazine brings a new hit that will definitely shake the NFT community. For the first time in history, a full magazine issue will be released as an NFT. Vitalik Buterin’s life-size photo, the co-founder of Ethereum, graces the cover of a magazine with the words “The Prince of Crypto Has Concerns” and “Ethereum Creator Vitalik Buterin Fights To Fix The World He Created.” His story on the future of Ethereum is also put into this issue.
It’s obvious that Vitalik got to the cover, not by chance. Being truly one of the most influential personas in the crypto community, he knows what kind of future crypto will possibly have. The full interview with Vitalik is via the link.
This exclusive issue was created in partnership with the LITDAO and it will be available to TIMEPiece holders as well as genesis LIT community wallet holders. The holders of the NFT magazine will be able to read the full magazine through an interactive NFT as it will be hosted through a decentralized protocol.
Keith A. Grossman, President at TIME, commented on such a move: “As Time continues to push the boundaries as to what is possible within the web3 ecosystem, producing the first-ever full magazine on the blockchain seemed like a natural extension for our brand, and we knew this issue, in particular, would be cherished by our community,” he said.
The first-ever, interactive issue of the magazine on the blockchain is a breakthrough in the NFT world as well as a special treat to the dedicated community who owns all of the TIME’S Signature collections.
It’s also worth noting that TIME has recently hired its first-ever VP of web3 Operations who will be responsible for expanding the opportunities of TIME in the web3 realm. For now, TIME’s web3 development counts over 25,000 artists, collectors, and fans in the loyal community and it has already generated over $10 million in revenue.
