TIME, an American news magazine, has also joined the non-fungible token (NFT) craze. The popular news publishing website recently announced that it is auctioning three first-ever NFTs inspired by its most iconic covers.
According to the report, the popular magazine includes an original cover specially created for the auction. The non-fungible tokens (NFTs) are available individually or as a collection on the Ethereum-based cryptocurrency marketplace SuperRare. The auction is currently live and will run until 24th March 2021 at 8:00 PM ET.
About the Three Time Non-Fungible Tokens (NFTs)
According to the report, the “Is God Dead?” cover is from 8th April 1966, when TIME first included only text. It was written by TIME religion editor John Elson.
In the TIME Magazine, Elson wrote, “it is a question that tantalizes both believers, who perhaps secretly fear that he is, and atheists, who possibly suspect the answer is no.”
In those days, the cover gave rise to numerous sermons and thousands of letters from readers. It also brought about a lively debate at a time when 97% of Americans proclaimed their belief in God to Pollsters, the report said.
About 50 years later, in the first year of President Donald Trump’s administration, TIME’s April 3, 2017 cover asked “Is Truth Dead?”
The TIME editor Nancy Gibbs wrote, “just like many said they believed in God in 1966, many today would say they believe in Truth, and yet we find ourselves having an intense debate over its role and power in the face of a President who treats it like a toy. What does he actually believe? Does it count as lying if he believes what he says?”
The new “Is Fiat Dead?” cover was created by TIME Creative Director D.W. Pine. In a statement, he said he loves the attention around the world of NFTs:
“I love the idea that it’s meaning isn’t clear to the casual viewer – much like the crazy, lucrative world of NFTs.”
Several interested bidders are already contesting for the TIME NFT covers. The highest bidders are expected to claim the NFT covers individually or as a collection.
To participate in the auctions, visit: