On On Wednesday, March 23, TIME will release the first ever fully decentralized magazine issue available as an NFT on the blockchain. NFT issues feature a TIME cover story. The Cryptographic Prince has concerns, About Vitalik Buterin’s Battle for the Future of Ethereum Andrew ChowTIME editor In the metaverse Newsletter.
Read the full cover story: https: //bit.ly/3CPFPNj
This issue was created in collaboration with LITDAO. LIT is a web3 cultural currency and NFT project that devised and created the first fully decentralized book earlier this year. Although the magazine resides on the blockchain, it is hosted via a distributed protocol and owners can read the entire magazine via an interactive NFT. TIME will drop NFT issues in the air and select the TIME Piece and Genesis LIT community wallet holders made possible by Circle support.
Circle, the only publisher of USD Coin (USDC), a global internet finance company that provides internet-based payments and financial infrastructure to businesses of all sizes, is the first ever magazine published on the blockchain. Presenting partner. Transient Labs was the technical partner for the project.
This announcement follows TIME’s first blockbuster year in the WEB3 space, which has emerged as an exciting new business since TIME’s first foray into March 2021. To date, the evolution of TIME’s web3 has generated over 10 million revenues and is a passionate community of over 25,000 artists, collectors and enthusiasts. More than 5,000 of these TIME Piece holders connect their digital wallets to TIME.com to ensure smooth access to the site.
Keith A. Grossman, President of TIME, said: In particular, the issue will be cherished by our community. ”
It was also announced today that TIME has adopted Will Ban, the first VP of web3 operations. He joined from Artsy and was the VP of the Secondary Marketplace. Ban will focus on running TIME’s web3 vision, building support for creators and artists, collectors and communities, CMOs and brands, and further developing IP-based television shows from the web3 community.
Chow will attend Grossman at TIME Pieces’ weekly Discord Community Town Hall to discuss a cover story about Buterin at 10am EST on Friday, March 18th. Join the City Hall on discord.gg/ timepieces or follow TIME Pieces on Twitter @ timepieces.
For more information on TIME’s efforts in the NFT community, please visit time.com/timepieces.
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