The cover story for the NFT edition is The Prince of Crypto Has Concerns: Vitalik Buterin Battle for Ethereum‘s Future
Time magazine has published its first-ever full-length magazine issue as an NFT. Time is the first digital or print publisher to distribute and issue content on the blockchain with the release of its current magazine. The first-ever issue of Time published entirely in NFT format is also important in that it covers Vitalik Buterin, Ethereum’s founder.
Vitalik Buterin, co-founder of Ethereum (ETH/USD) and a significant figure in the cryptocurrency industry, is featured on the cover of Time Magazine’s blockchain edition. Buterin also discussed a variety of topics relating to cryptocurrency and blockchain technology. According to the creator, the notion of blockchain technology was evolving. Specially since it now posed a greater risk of damage than benefit. Cryptocurrency investments have drawn inexperienced investors who have lost significant sums of money betting on price changes.
The President at Time, Keith A. Grossman, further elaborated the significance of this achievement through the following statement: “As Time continues to push the boundaries as to what is possible within the web3 ecosystem. Producing the first-ever full magazine on the blockchain seemed like a natural extension for our brand, and we knew this issue, in particular, would be cherished by our community.”
The corporation has appointed Will Ban as the magazine’s first-ever vice president of Web3 operations, according to reports. Ban will contribute to the company’s Web3 goal, which will empower content creators, collectors, and fans. Additionally, he will endeavor to expand television programming based on Web3 IP. The magazine’s Web3 development has earned over $10 million in revenue and cultivated a committed fan following of over 25,000 artists. As well as collectors and enthusiasts, many of whom have linked their digital wallets to TIME.com for frictionless access.
