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Associated Press news agency to launch NFT marketplace of all-time photos

Alex Coin
January 15, 2022
Reading Time: 3 mins read
0
photographer

The Associated Press news agency will launch its own NFT (non-fungible tokens) marketplace on the Polygon Blockchain.

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***

Los tokens no fungibles, NFT, seem to be here to stay. The use by large companies only ratifies its novelty and strength.

January 10, 2022, Associated Press (AP) the U.S. news agency founded in 1846, announced the launch of a marketplace for tokens no fungibles (NFT) . The market an area or arena, online or offline, in which commercial dealings are conducted. AP NFT non-fungible tokens (NFTs) are cryptocurrencies that do not possess the property of fungibility. was built by the distributed accounting technology provider Xooa and about the blockchain network a network refers to all nodes in the operation of a blockchain at any given moment in time. Polygon.

The idea is that collectors can buy historical and contemporary photojournalism images from the news agency that have won international awards.

The initial collection will feature photographs by AP photojournalists of all time and a selection of digitally enhanced representations of their work. Included will be AP images that won the Premio Pulitzer.

“For 175 years, AP journalists have recorded the world’s most important stories, including through gripping and moving images that continue to resonate today.” , dijo Dwayne Desaulniers, director de Blockchain a distributed ledger system. A sequence of blocks, or units of digital information, stored consecutively in a public database. The basis for cryptocurrencies. and data licenses from AP. “With Xooa’s technology, we are proud to offer these tokenized pieces to a rapidly growing global audience of NFT photography collectors.”

From January 31st

Each NFT will include a comprehensive set of original metadata which will provide collectors with information about the time, date, location, equipment and technical configuration used for the shot.

The initial collection will be released starting January 31. NFTs will range from space, weather, war and other images to spotlights on the work of specific AP photographers. NFT price points will vary. As a nonprofit news cooperative, proceeds go to fund AP journalism.

Collectors of all levels will be able to buy, sell and trade official AP digital digital technologies are these electronic tools that have the ability to generate, store or even process data. collectibles seamlessly through the marketplace. It will support the opposite of Resistance, it is a threshold that crypto’s price doesn’t fall below. secondary market transactions and purchases using credit card payments, as well as crypto wallets, including MetaMask, with support forFortmatic, Binance y Coinbase is an American company that operates a cryptocurrency exchange platform. por venir.

NFTs to be minted on the blockchain Polygon which is a layer two solution compatible with Ethereum a decentralized open-source blockchain with smart contracts functionality. and environmentally friendly.

“Xooa is proud to work with The Associated Press to launch the AP NFT marketplace. Xooa’s work with brands around NFTs non-fungible token, a unique non-interchangeable piece of digital content that is stored on a distributed ledger (blockchain). and metaverse a metaverse is a digital universe that contains all the aspects of the real world, such as real-time interactions and economies. It offers a unique experience to end-users. marketplaces provides inherent scarcity and utility for collectors, as well as a powerful connection between the virtual world and the real world.” said Zach Danker-Feldman, director of markets at Xooa. “In this marketplace implementation, emphasis has been placed on accessibility for all types of collectors to allow them to join a community that shares their interest in dazzling photography.”

How to buy an Associated Press NFT?

To access the NFT marketplace you must log in to Apmarket . It is not yet available, there is only the clock that counts down the hours to the launch. Those who want early access should sign up for the waiting list there. If you leave the mail, they will also send you a referral link that you can send to others to get a higher ranking on the waiting list and receive priority access.

One of the images of AP to be presented and sold as NFT is an award winning photo. Pulitzer of a Jewish settler defying Israeli security the term securities refers to a fungible and tradable financial instrument that carries a type of monetary value. agents in the West Bank settlement of Amona, 1 February 2006, by Oded Balilty.

Another is Emilio Morenatti’s recent image of a house covered in ash from an erupting volcano on the Canary Island of La Palma, Spain, on November 1, 2021.

It is worth noting that AP had already dabbled in NFT. In May 2021 it auctioned some iconic Pulitzer Prize-winning photos: the first was the iconic AP photo of American soldiers raising the American flag on Iwo Jima in 1945. It is worth noting that it was not a static image, but a moving one.

Sources: AP, The Verge , Bitcoin.com , archivo

Version of DiarioBitcoin

Imagen de Unsplash

Tags: APAssociatedfotosNFTPolygonPressPulitzerXooa
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Alex Coin

Cryptoinvestor. I follow the world of cryptocurrencies. Looking for the most relevant and significant news for you :)

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