Sotheby’s is a well-known auction that is selling numerous items. However, this time the item was very special. The creator of the WWW sold its original code source as a non-fungible token (NFT).
Non-Fungible Token (NFT)
So what NFT is? This token is a cryptographic asset with an identification code and metadata. Unlike other cryptocurrencies, NFTs cannot be traded for equivalency.
The files were auctioned for $5.4 million. They comprise over 9.500 lines of code and form the foundation for the languages and protocols that support the Internet as we know it. There were a total of 51 bids.
Who is the buyer?
According to Sotheby’s, the source code for the Web was sold to an unidentified buyer. The bid was recognized as one of the most valuable NFTs ever sold.
So, what does the anonymous purchaser get? No unique rights, for sure. The source code for the Web has been in the public domain since 1995 and can’t provide any special usage rights for the buyer.
Here you can learn more about this topic.
I currently live in Kyiv, the capital of Ukraine. I’ve finished the Kyiv Linguistic University with a degree in English and Spanish language teaching.
I’ve written numerous scientific and research articles, but creative writing has always been the most exciting part of my English language classes.
Today, I am a highly accomplished translator and a content writer. I eagerly write unique and gripping content such as book reviews, articles on different topics, and more.