Tim Berners-Lee, an inventor of the world wide web, is selling the source code for the first-ever web browser as a non-fungible token or NFT, according to a press statement by Sotheby’s.
What Happened: The NFT auction will be managed by Sotheby’s and will include the code for the browser, a letter from Berners-Lee, a vector file that can be printed as a poster, and a 30-minute silent video showing the typing of the code, said the statement.
See Also: How To Buy NFTs
The sale is set to open from 23-30 June and bidding will start at $1,000; the proceeds will go to initiatives run by Berners-Lee and his wife.
The unique NFT will be available on the Ethereum (ETH) blockchain. ETH traded 2.6% lower at $2,517.38 at press time.
Why It Matters: The “WorldWideWeb” application was the first hypermedia browser and was written in the Objective C programming language on a NeXT computer, a machine made by the company founded in 1985 by Apple Inc AAPL co-founder Steve Jobs.
The World Wide Web was invented by Berners-Lee in 1989, which he said “with the subsequent help of a huge number of collaborators across the world, has been a powerful tool for humanity,” as per Sotheby's statement.
NFTs have been the rage this year with the digital artist Beeple selling one for a record $69 million.
See Also: Humanoid Sophia Sells Her NFT Art For $700,000
Objects and digital works ranging from toilet paper to a column from the broadsheet published by the New York Times Co NYT have been tokenized and sold so far.
Berners-Lee said it “feels right to digitally sign my autograph on a completely digital [artifact].”
Read Next: Dogecoin Co-Founder's 'Capped Doge' NFT Goes For $70,000, 'Dogecoin Alpha,' Others Find Takers Too
Photo by Athanasios Kasampalis on Flickr
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.