Here is the
add, the price still yet to be determined.. as of now, more than half a mill USD.
As I watched these riches change hands, I thought to myself: Why should celebrities, athletes and artists have all the fun? Why can’t a journalist join the NFT party, too?
So I decided to turn this column into an NFT and sell it on the open market. Whatever I make from it will go to The New York Times’s Neediest Cases Fund, a 110-year-old effort started by the former Times publisher Adolph S. Ochs that supports charitable causes in New York and beyond. (Administrative note: Since the Neediest Cases Fund doesn’t accept direct cryptocurrency transfers, I’ll have to convert the proceeds to dollars first, meaning that this is not a tax-deductible gift for the buyer.)
This basically reveals all the stupidity surrounding the NFTs that do not really confer any exclusivity right or possible utility. But.. I feel tempted
Once I joined Foundation and linked my account to my Ethereum wallet, I had to upload an image of my column to a decentralized storage service called InterPlanetary File System, or IPFS. I then had to mint a token mapped to that file — essentially, generating a unique cryptographic signature that would live on the Ethereum blockchain, marking the file I uploaded as the real one.
The process is simple enough isn´t it?