AP set to auction 10 NFTs to mark 175 years of iconic photojournalism

AP set to auction 10 NFTs to mark 175 years of iconic photojournalism
фото показано с : invezz.com

2021-5-27 00:07

The Associated Press (AP) is planning to auction a series of 10 non-fungible tokens (NFTs) that represent some of the most noteworthy photos in history. The news agency unveiled this information through a press release on May 25, noting that it has partnered with blockchain firm Everipedia, OpenSea, the largest NFT marketplace, and digital artist to achieve this feat. Reportedly, the digital work is set to become available on the Ethereum blockchain starting this week.

According to the news release, the NFT series is titled AP ARTiFACTS: The 175 Collection. The first piece in this collection is a digital “representation of AP’s iconic photo of U.S. soldiers raising the American flag on Iwo Jima in 1945”. Captured by AP’s Joe Rosenthal, the 76-year-old Pulitzer prize-winning image has been digitally recreated by Marko Stanojevic.

The NFT, which is currently available on OpenSea, also features a musical note from Nick Kennerly, a renowned violinist, and composer. On top of this, the NFT will comprise several rarely-seen pictures that Rosenthal captured, a rare first print that was produced from his negative, and an Iwo Jima film and audio obtained from AP’s corporate archives.

Reportedly, all funds obtained from the sale of the AP ARTiFACTS: The 175 Collection will go towards funding AP’s journalism.

Using the blockchain to bring history into life

Commenting on how NFTs are improving AP’s photojournalism, the news agency’s director of blockchain and data licensing, Dwayne Desaulniers, said,

We are excited about this new way to view, own and experience historic moments captured by AP journalists. AP’s NFTs are a homage to our rich history of factual journalism, history and facts that belong onchain.

According to the co-founder and CTO of OpenSea, Alex Atallah, the AP ARTiFACTS: The 175 Collection shows how the combination of NFTs, the blockchain, digital art, and metadata helps create innovative pieces that tell stories that can stand the test of time.

The sale of this series of NFTs marks AP’s second interaction with NFTs. The company made its debut in the NFT space in November last year by using Everipedia’s OraQle software to publish its 2020 US election race calls on the blockchain. AP then used this data to create a piece dubbed The Associated Press calls the 2020 Presidential Election on Blockchain – A View from Outer Space, as its first NFT. This piece sold on the blockchain in March this year for $185,000.00 (£131,063.25).

The post AP set to auction 10 NFTs to mark 175 years of iconic photojournalism appeared first on Invezz.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Setcoin (SET) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 SET

nfts auction set photojournalism press iconic mark

nfts auction → Результатов: 44


VR Content Platform Dvision Network to Auction Crypto Celebrity Avatar and Other Limited-Edition NFTs

Dvision Network, the blockchain-based virtual reality (VR) content ecosystem, has announced the introduction of five limited-edition NFT characters, to be auctioned later this month. These NFTs are the first among many unique tokens to be introduced by the project as it continues to enhance the VR industry.

2021-3-23 15:51