17/06/2021 CNN to Sell NFTs of Its Historic News Coverage

This … is a non-fungible token of CNN.

The WarnerMedia-owned cable news channel is branching into the burgeoning NFT space with a new offering it is calling the “Vault by CNN.”

Beginning in late June, the company will “mint” NFTs on the Flow blockchain of memorable moments from CNN’s 41-year history. It will then sell them to the public as digital collectibles. The first batch of news “moments” is TBD, but the company says it could include coverage from presidential elections, CNN exclusives, or moments from world history (want to own CNN’s coverage of the Berlin Wall coming down? Now might be your chance!).

The tokenholder will be able to display the moments they own on a user page in the “vault,” and CNN says that it is working with a third-party company to produce a physical version of the NFTs for some limited edition sets that “will include a premium video display case that will render a physical representation of the Moment on a screen.”

Unlike many other NFTs being offered on the market, users won’t need to pay with cryptocurrency; they can buy their CNN moments with a credit card. Users will need to create a digital wallet with the blockchain company Blocto, however.

In a FAQ about the service, CNN explains the rationale to launch the “Vault”: “Until 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.”

An NFT is a digital asset that represents some real-world item, be it a piece of art, or music, or in this case, TV news coverage. An NFT acts as something like a digital certificate of authenticity, letting users sell or trade the rights to the digital item they hold. While they are often associated with cryptocurrency because they rely on blockchain technology, they are a separate use case for the underlying tech.

NFTs have increasingly caught the eye of the entertainment industry, which saw the success of NFT programs like NBA Top Shot, and others have sought to adapt it for themselves. Most recently, Fox announced the creation of what it is calling Blockchain Creative Labs, staking $100 million in the business unit, which will seek to create NFT content and experiences based on Fox properties.
Arts

https://www.hollywoodreporter.com/business/digital/cnn-selling-nfts-coverage-1234969149/

Interesting NFTs
Alex in Wonderland
A figure, Alex, stands mostly naked in the midst of a physical and psychological maelstrom. He is clad only in nostalgic 80’s era socks, on a tenuous island between active waters and a variety of shark denizens. Sharks on the right side of the image are all beached, including a shark with a quartz crystal snout, an orange shark wrapped in a life buoy, and a shark further in the distance wearing an 80’s style shirt with the number “88”. On the left side is the largest shark, wearing bright glossy red lipstick and brandishing prominent teeth with braces. She is cordoned off from the figure by a roped float divider, and within her thought bubble is a warning symbol. Behind the figure, hovering in the air, are Grey aliens emerging from the distance, out of a series of elliptical UFO shaped interdimensional membranes. The Greys take on the visual form of spermazoa ostensibly impregnating the interdimensional thresholds. As is typical, these Greys inhabit a zone just behind the unconscious topology of Alex’s dissociative mind. Though Alex’s bottom half is representative, his top half mutates into a psychological cornucopia. In a manner akin to “Auto-Erotic Sphinx”, a predecessor work, the figure has self suctioned—an act of sensual infatuation, enjoyment, and exploration. Upward exists the figure’s primary conscious eye, adorned with a revolutionary beret emblazoned with a Bitcoin badge. The figure’s summit features the nose of a fighter jet facing off against video game Bullet Bills, one of whom is marked by a communist North Korean star. A cropped section of a UFO observes the contest. Alex’s mind branches both left and right. To the left is more singular embodied consciousness, manifesting two eyes and a Ganesh trunk grasping crayons. The right branch dissociates upward diagonally, emerging into an array of eyes, faces, teeth, tail, a unicorn horn, and much more—all of which participate in expressing his unconscious being; a democracy of psychic factions representing thought impressions and associations. All illumination and darkness– fernal, infernal, high consciousness and corporeal underbelly–reside in this realm. In the distance are relatively languid, light clouds, and against the firmament hovers a colossal distant eye peering over the scene and far beyond. This painting possesses underlying genetic traits with previous works such as “Auto-Erotic Sphinx with Toys”, “Dionysus”, and “Fuku-Shiva”. The work serves also as a nod to an earlier period of art inspiration during late teens and early twenties— born out of the nakedness, vulnerability, curiosity, and wonder inherent to coming of age and all subsequent psychedelic revelation.
Death Dip
#XCOPY #GIF #death #dip #lurking
#55876
By OthersideDeployer
EYE-ROLLA #16/25
ROLLIN EYES
Pridestun
A character from The Beacon