Canadian Publishing Industry News
28 September 2021, TORONTO
NFT covers from NOW and Georgia Straight
![]() |
|
According to cnet.com, interest in NFTs generated more than $250 million in sales in 2020. NFTs of Non-Fungible Tokens are a new type of investment supported by blockchain technology. Buyers who purchase the NFTs will own a record and a hash-tag code showing a unique token associated with their purchase. Media Central maintains ownership of the magazine covers.
“We have no illusions that future NFT sales for us will be akin to winning the lottery,” said Kirk MacDonald, president of Media Central Corporation. “That said, we do have the confidence that we have novel digital assets that will appeal to NFT buyers and allow them to own a slice of history in our communities.”
Post a Comment
Most Recent News Comment
![]() |
|
Jaded says: | |
Wow, Torstar really seems to be on a mission to bankrupt one magazine after another.... |
Most Recent Blog Comment
![]() |
|
Lorene Shyba says: | |
Full of terrific information, Thanks!... |
Most Read Stories
Special Reports
Masthead Web Edition Archives
More Archives