{"id":208150,"date":"2021-03-22T19:30:00","date_gmt":"2021-03-22T16:30:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/time-to-auction-3-nft-covers-based-on-iconic-is-god-dead-design\/"},"modified":"2021-03-22T19:30:00","modified_gmt":"2021-03-22T16:30:00","slug":"time-to-auction-3-nft-covers-based-on-iconic-is-god-dead-design","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/time-to-auction-3-nft-covers-based-on-iconic-is-god-dead-design\/","title":{"rendered":"# TIME to auction 3 NFT covers based on iconic \u2018Is God Dead?\u2019 design"},"content":{"rendered":"

“# TIME to auction 3 NFT covers based on iconic \u2018Is God Dead?\u2019 design <\/strong>”
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TIME Magazine is embracing the blockchain digital art movement by auctioning three non-fungible tokens, or NFTs, inspired by some of its most iconic covers throughout the decades.\u00a0<\/p>\n

The American news<\/a> magazine announced<\/a> Monday that the three NFTs will be sold both individually and as a collection on SuperRare, a digital-art trading platform, through March 24. The collection is based on the theme<\/a>, \u201cIs ___ Dead?\u201d which refers to a series<\/a> of provocative typological covers inspired by the original April 8, 1966 rendition, \u201cIs God Dead?\u201d As TIME notes, this was the first cover in the magazine\u2019s history to include only typography with no image. <\/p>\n

The NFT rendition of \u201cIs God Dead?\u201d is now available on SuperRare, alongside TIME\u2019s April 3, 2017 cover, \u201cIs Truth Dead?\u201d and the forthcoming March 29\/April 5 cover, \u201cIs Fiat Dead?\u201d<\/p>\n

The question \u201cIs Fiat Dead?\u201d references the meteoric decline in purchasing power of government-controlled currencies like the U.S. dollar. As TIME noted, a cryptocurrency like Bitcoin (BTC) is challenging present-day monetary norms through its fixed supply and transparent monetary policy. <\/p>\n

\u201cI love the idea that its meaning isn\u2019t clear to the casual viewer \u2013 much like the crazy, lucrative world of NFTs,\u201d says TIME Creative Director D.W. Pine, who designed the forthcoming \u201cIs Fiat Dead?\u201d cover.<\/p>\n

The NFT market has exploded in popularity over the past year, with sales quadrupling<\/a> in 2020 alone. As Cointelegraph recently reported, everyone from social media<\/a> influencers to celebrities have embraced NFTs.<\/p>\n

Investors are also taking notice. Just last week, NFT marketplace OpenSea raised $23 million in Series A funding led by Andreessen Horowitz and angel investors including Mark Cuban, Tim Ferriss and Naval Ravikant. <\/p>\n