Fortune magazine sold an issue cover in the form of the NFT for $1.3m

Canaan to sell nft

US business magazine Fortune sold its issue cover in the form of a non-exchangeable token (NFT) for 429 ETH (more than $1.3 million at the time of the deal). The publication plans to HODL the earned cryptocurrency.

US business magazine Fortune sold its issue cover in the form of a non-exchangeable token (NFT) for 429 ETH (more than $1.3 million at the time of the deal). The publication plans to HODL the earned cryptocurrency.

Digital artist pplpleasr1's limited edition NFT sold out in minutes. It included 256 non-exchangeable tokens at 1 ETH each and collections of three special versions of NFT.

The auction took place on the OpenSea marketplace. The popularity of the tokens led to a temporary "crash" of the platform, which left some users unable to buy NFT.

As a reminder, the popular American magazines TIME and Playboy issued their own non-interchangeable tokens. The New York Times also joined them.

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