TIME Magazine will release a first-time full-length issue as NFT on blockchain next Wednesday, March 23. The TIME Magazine NFT-issue cover features the Ethereum co-founder Vitalik Buterin, and the title “The Prince of Crypto Has Concerns”. TIME will airdrop the issue to selected TIMEPieces and genesis LIT community wallet owners.
This full NFT issue of TIME Magazine is created in partnership with LITDAO. The issuer of USD Coin Circle is TIME’s partner in this endeavour, while the technical partner is Transient Labs. TIME magazine is definitely taking a step further into the web3 ecosystem and embracing the changes and tech advantages of blockchain technology.
Since last year, when TIME stepped into the web3 waters, the development in this area alone has generated more than 10 million in revenue for the magazine. They have a large, growing community of artists, collectors, and enthusiasts, and this is only going to be a push forward.