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NFT was created by the English scientist Tim Berners-Lee in 2021 and represents the ownership of various digital products since he created the World Wide Web in 1989.
A blockchain launch sign representing the first World Wide Web number by Tim Berners-Lee sold for $ 5.4m at Sotheby’s online marketplace on Wednesday, the retailer said.
The original code was marketed as a non-binding index (NFT), a type of crypto asset that records the ownership of digital assets.
NFT was developed by the English scientist Berners-Lee in 2021 and represents the ownership of various digital products since its inception of the World Wide Web in 1989.
In fact, the World Wide Web itself has not been sold. The product was a blockchain documentation for file ownership that contained the original World Wide Web code. The final price was $ 5,434,500 and half the bettors were new to Sotheby’s.
The World Wide Web is a way to manage and access information online.
NFT is considered valuable by some because blockchain proves it to be a certain type and is legally made, or “made”, by Berners-Lee himself.
“Symbolism, history, that it comes from the Creator is what makes them so valuable – and there are so many people who collect things for the same reasons,” says Cassandra Hatton, Sotheby’s global scientific and cultural director.
“We put it in public, we sold it out of nowhere (betting started at $ 1,000) and we let the market decide its value. There have been a number of invitations that have all agreed it is important.”
Combined with the purchase by NFTs representing approximately 9,555 lines of the number recorded in 1990-1991, a 30-minute form, a digital sign, and a letter written by Berners-Lee in June 2021, highlighting his skills.
The letter begins: “Since people seem to like the books that have already been published, now that we have the NFT expertise, I think it’s fun to make old scripts for the first browser.”
The sale is the latest in a series of traditional real estate to take over the blockchain economy, which exploded in early 2021.
In March, NFT is a digital collage filmed by Beeple of America took $ 69.3m from Christie, for the first sale by a large art gallery that is not available. Twitter master Jack Dorsey sold his first tweet in NFT form for $ 2.9m.
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