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TIME Magazine will Auction NFT tokens for three Covers

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TIME Magazine

TIME Magazine will auction NFT tokens for three covers

TIME Magazine

Immediately after the opening of the auction, the magazine began to look for a new CFO who can “comfortably” work with cryptocurrencies and bitcoin.

TIME magazine has announced the sale of three of its covers in the form of non-fungible tokens (NFT) on SuperRare. The auction will run until 21:00 on March 24. Today, the maximum bid per lot is 22 Ethereum ($ 36.9 thousand).

Immediately after the auction opened, the magazine posted a job on LinkedIn to find a new CFO. In addition to the standard duties for this position, the employer has included a clause on “comfortable” work with cryptocurrency and bitcoins. The vacancy does not specify what exactly the applicant will have to do with cryptoassets.

Previously, thanks to NFT technology, the Beeple artist managed to become one of the three most expensive living artists in the world. His collection of drawings “Everydays: The First 5000 Days”, consisting of 5,000 works, was auctioned by Christie’s for $ 69.35 million.

NFT tokens are unique and not divisible. Such a token is used to confirm ownership of an object; it cannot be replaced without the consent of the owner.

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