{"id":276726,"date":"2021-06-17T03:38:14","date_gmt":"2021-06-17T00:38:14","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/cnn-selling-historic-news-moments-as-nfts\/"},"modified":"2021-06-17T03:38:14","modified_gmt":"2021-06-17T00:38:14","slug":"cnn-selling-historic-news-moments-as-nfts","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/cnn-selling-historic-news-moments-as-nfts\/","title":{"rendered":"#CNN selling historic news \u2018moments\u2019 as NFTs"},"content":{"rendered":"

“#CNN selling historic news<\/a> \u2018moments\u2019 as NFTs<\/strong>”<\/p>\n

<\/p>\n

                CNN will drop NFTs depicting historic moments such as space travel<\/a>, technological advancements, and presidential elections. \n                <p>CNN has followed Fox and Time Magazine into the NFT market, announcing the launch of collectible historic moments from the news. \n<\/code><\/pre>\n
CNN\u2019s NFT project is dubbed \u201cVault by CNN: Moments That Changed Us\u201d and includes<\/a> a series<\/a> of tokenized iconic moments from its 41-year history, along with a vault to purchase, store and display the NFTs. <\/p>\n
Vault by CNN: Moments That Changed Us<\/em><\/figcaption><\/figure>\n
The news organization has not revealed which specific historic moments will be tokenized, however, it noted that theme<\/a>s including CNN exclusives, notable firsts, world history, and presidential elections, will be covered.<\/p>\n
The initial launch will include six weekly drops starting from late June, with CNN teasing the first drops may depict space travel and election results. The NFTs will be sold in a combination of open and limited editions. <\/p>\n
The NFTs will be minted on the Flow blockchain, which CNN chose for its energy-efficient proof-of-stake consensus mechanism. Flow is also home to NBA Top Shot, which has had huge success selling iconic sporting \u2018moments\u2019.<\/p>\n
To purchase NFTs, users will need to sign up to CNN\u2019s vault, where they will store their moments. Cryptocurrency is not be required to purchase, with the platform accepting credit cards via third-party payment platform Stripe. The vault\u2019s description reads:<\/p>\n
\u201cUntil now, there has been no way to ‘collect’ these moments. Users can often find old footage online, or packaged up in documentaries, but they  cannot ‘own’ them or display them in the way they can with a print newspaper or magazine.\u201d<\/p><\/blockquote>\n
CNN has also partnered with video framing firm Infinite Objects so that users will have the option of rendering their NFT onto a screen and displaying it physically offline. The vault\u2019s description reads.<\/p>\n
Interestingly CNN\u2019s online archive already boasts 700,000 hours of news content that can already be purchased and downloaded without conferring ‘ownership’. <\/p>\n
Despite putting forward ownership as a value proposition of the NFTs, they note that \u201cCNN retains copyright and ownership over the content.\u201d<\/p>\n
Related: <\/em><\/strong>Want to own an NFT of your favorite movie scene? Soon, you might be able to<\/em><\/strong><\/p>\n
A growing number of news outlets and media<\/a> organizations have entered the NFT market in 2021. <\/p>\n
CNN\u2019s move into NFTs follows Fox Corp\u2019s announcement of a $100 million creative fund for NFT content creation yesterday to accompany its animated tv shows. <\/p>\n
In late March, Time Magazine entered the market with three tokenized magazine covers on SuperRare, with the \u201cTIME Space Exploration \u2014 January 19th, 1959\u201d generating the biggest sale of 135 Ether (ETH) worth around $318,000 at today\u2019s prices. <\/p>\n
Since then, Time has dropped<\/a> another seven NFTs depicting magazine covers, with the \u201cTIME First Issue \u2014 March 3, 1923\u201d fetching<\/a> 120 ETH worth roughly $283,000 in June. <\/p>\n
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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"
“#CNN selling historic news \u2018moments\u2019 as NFTs” CNN will drop NFTs depicting historic moments such as space travel, technological advancements, and presidential elections. <p>CNN has followed Fox and Time Magazine into the NFT market, announcing the launch of collectible historic moments from the news. CNN\u2019s NFT project is dubbed \u201cVault by CNN: Moments That Changed…<\/p>\n","protected":false},"author":1,"featured_media":276727,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDYvMTI4MzJkNmUtNjkwMC00NzI4LTliZWEtY2ZjYWZjMTAzYTMzLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-276726","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/276726","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=276726"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/276726\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/276727"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=276726"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=276726"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=276726"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}