WWW creator says he’ll auction the World Wide Web source code as a NFT, starting at $1000
The creator of the World Wide Web Sir Tim Berners-Lee announced he’ll auction the original World Wide Web source code as an NFT.
Sotheby will be hosting the action titled “This Changed Everything” between June 23 and 30 in a standalone online auction.
“Three decades ago, I created something which has been a powerful tool for humanity,” said Sir Tim.
What will the NFT purchase include?
The NFT will include the time-stamped files containing the source code written by Sir Tim.
The WWW auction package will also include an animated visualisation of the code, a personal letter from the creator and a digital “poster” of the full code. Sir Tim will also digitally sign all parts of the NFT.
The full code amounts to nearly 10,000 lines of HTML, HTTP and URI in total, The code also includes the original HTML instructions for early web users.
“I sincerely hope its use knowledge and potential will remain open and available to us all to continue to innovate, create and initiate the next technological transformation, that we cannot yet imagine,” said Sir Tim.
“They are the ideal way to package the origins behind the web.”Sir Tim Berners-Lee
What are NFTs?
NFT stands for “non-fungible token”. Each NFT is entirely unique, and cannot be replaced. Most NFTs form part of the Ethereum blockchain.
Sir Tim says NFTs are the web’s “latest playful creation” and the most “appropriate means of digital ownership that exists.”
“Why an NFT? Well, it’s a natural thing to do as when you’re a computer scientist and when you
write code and have been for many years. It feels right to digitally sign my autograph on a
completely digital artefact,” he added.
History of the World Wide Web
The “WorldWideWeb” application was the first hypermedia browser. It allowed users to create and
navigate links between files across a network of computers.
Three decades later, that single server and website has turned into over 1.7 billion websites being accessed by 4.6 billion people around the world.
A mission to “re-decentralise” the web
Today, Sir Tim is working on a project called Solid, which aims to bring the web ‘closer to his original vision’ when things were completely open and without centralisation.
Sir Tim says the movement to “redecentralise” the web is gaining traction.
He hopes that the movement will empower users with ownership of their own data.
North Korea bears the brunt of the crypto market crash
The crypto market crash is impacting North Korea’s weapons programme
The recent crypto market crash has made its way to North Korea, where hackers are bearing the brunt.
The isolated country relies on stolen crypto to fund part of their weapons program.
But as crypto holdings drop by millions of dollars, the nation is reportedly scrambling to find new ways to fund Pyongyang’s missile plans.
North Korea has ramped up its stolen crypto assets in recent times leading to one of the largest cryptocurrency heists on record earlier this year.
Hackers allegedly stole $615 million worth of crypto prompting the U.S. tplace a warning about potential workers who are hiding their identities to find jobs abroad.
Meanwhile, crypto holdings have decreased in value with the market sliding below $1 trillion for the first time since January 2021.
Katerina Kostakos contributed to this report
Russian Police investigate a crypto mining facility
Russian Police are investigating a crypto mining facility, which is suspected of defrauding clients
It’s understood the miners handed devices to those who were running a mining hotel.
They are also accused of stealing their expensive coin minting hardware, and stopping payments to their customers.
The scam allegedly took place from November to May, where the suspects worked with people who wanted to install their coin minting hardware in a mining hotel.
They were offered electricity prices that were below market value.
Electricity consumed by some of the world’s largest cryptocurrencies has dropped by nearly half.
Gucci goes big in metaverse with new Vault Art Space
Forward thinkers who love fashion, this exhibit is for you
Luxury brand Gucci has opened a Vault Art Space as it continues to explore the art world and the metaverse
Gucci inaugurated the gallery in a partnership with NFT marketplace SuperRare
The debut exhibit is titled “The Next 100 Years of Gucci”
Keep your eye out for a special selection of NFT artworks, each a collectible fragment of Gucci’s heritage.
The artworks are showcased and auctioned off directly on Vault’s website in three drops between now and the end of July.
All sales will be in Ethereum.
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