Original Internet source code is sold as NFT for $ 5.4 million

The original source code files for the World Wide Web were sold on Wednesday as a non-fungible token, or NFT, for $ 5.4 million, the latest in a series of digital collectibles to fetch more than $ 1 million.

The files were sold at a Sotheby’s auction by Sir Tim Berners-Lee, known for inventing the World Wide Web application in 1989, which allowed users to generate and navigate links to content and files over a computer network.

NFT’s artwork called “This Changed Everything” also includes an animated display of the code as it was being typed, a scalable vector graphic representation of the code with a graphic autograph from Mr. Berners-Lee, and a digital letter written by him that it reflected his thought process in creating the code.

The winning bidder has not been identified. The Berners-Lee sale is among the most valuable NFT digital artworks ever sold, according to Sotheby’s.

NFTs are a type of digital asset that works on the blockchain, similar to cryptocurrencies like bitcoin, and they are unique tokens, each with its own identification that cannot be replicated. They can act as a digital certificate of authenticity for everything from artwork, sports collectibles to music albums.

Source: WSJ

Add Comment