İWAN – Trading Analyszes

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The Economist Magazine Plans to Sell its DeFi Front Cover As an NFT

The Economist, the venerable British magazine, has announced a plan to auction off the front cover of its September 18 edition as a non-fungible token (or NFT).

The cover — which parodied a scene from Alice in Wonderland by placing Alice and the white rabbit on the verge of a rabbit hole filled with tokens — will be sold on October 25. It was converted into an NFT with the help of the platform Foundation.

Proceeds from the sale — minus fees, transactions costs and taxes — will go The Economist Educational Foundation (TEEF), an independent charity focused on news. The magazine will retain a 10% stake in the royalties generated by future secondary sales of the NFT, with proceeds also going to TEEF.

#XTZ is on its way to break from the channel !

@crypto_iwan

$GBTC has cracked -20% on the discount