Wikipedia creator Jimmy Wales' computer and edit NFT sell for $1M
Wikipedia creator Jimmy Wales’ computer and first ever online edit from 20 years ago sell for $1million
- NFT of the first edit on Wikipedia, which reads ‘Hello, World!’ sold for $750,000
- The Strawberry iMac he used to develop the site also fetched $187,500
- Part of the proceeds from the sales will help fund Wales’s WT.Social project
The computer used by Wikipedia founder Jimmy Wales when first programming the website and an NFT memorializing his first edit on the page have sold for almost $1million.
The Non-Fungible Token, a unique digital object, was sold by Christie’s for $750,000 while his Strawberry iMac fetched $187,500 at auction on Wednesday.
The NFT is of Wikipedia’s debut onscreen image when Wales posted the first words, ‘Hello world.’
A Non-Fungible Token of Jimmy Wales’ first edit on Wikipedia (pictured), saying ‘Hello, World!’ has been sold at auction for $750,000
His Strawberry iMac (pictured) which he used for developing the site, fetched $187,500 at auction on Wednesday
The iMac was the personal computer he ‘used for development and research at the time of the website’s launch on January 15, 2001,’ Christie’s said.
The NFT, presented in JPEG format, is interactive, with the buyer able to edit the page, ‘which can be reset with a timer to revert to its original state,’ according to Christie’s.
Part of the proceeds from the sales will help fund Wales’s WT.Social project, a ‘non-toxic alternative’ social media network that uses an advertising-free model.
Wales set up Wikipedia with Larry Sanger in 2001 and has gone on to become one of the most visited websites in the world.
He still serves on the board of the Wikimedia Foundation, the charity that he helped establish to operate Wikipedia.
Wales set up Wikipedia with Larry Sanger in 2001 and has gone on to become one of the most visited websites in the world
The new darling art form for some collectors and investors, NFTs have become staples of auction houses and the art market.
An NFT of the World Wide Web’s source code sold in July for $5.4 million at Sotheby’s, while the all-digital work of American artist Beeple drew $69.3 million in March at Christie’s, an NFT record.
Also on Friday, Christie’s announced the auction of a bulletproof vest worn by rap megastar Kanye West during a party marking the release of his 2021 album ‘Donda.’
What is a non-fungible token (NFT)?
What is a NFT?
A Non-Fungible Token (NFT) is a unique digital token encrypted with an artist’s signature and which verifies its ownership and authenticity and is permanently attached to the piece.
What do they look like?
Most NFTs include some kind digital artwork, such as photos, videos, GIFs, and music. Theoretically, anything digital could be turned into a NFT.
Where do you buy them?
At the moment, NFTs are most commonly sold in so-called ‘drops’, timed online sales by blockchain-backed marketplaces like Nifty Gateway, Opensea and Rarible.
Why would I want to own one?
There’s an array of reasons why someone may want to buy a NFT. For some, the reason may be emotional value, because NFTs are seen as collectors items. For others, they are seen as an investment opportunity similar to cryptocurrencies, because the value could increase.
When were NFTs created?
Writer and podcaster Andrew Steinwold traced the origins of NFTs back to 2012, with the creation of the Colored Coins cryptocurrency. But NFTs didn’t move into the mainstream until five years later, when the blockchain game CryptoKitties began selling virtual cats in 2017.
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