The original source code for the World Wide Web created by its inventor Sir Tim Berners-Lee has been sold as a non-fungible token (NFT) for $5,434,500 at Sotheby’s in an online auction, Reuters reports. The NFT reportedly contains 9,555 lines of the source code from 1990-1991.
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Cassandra Hatton, Global Head of Science and Popular Culture at Sotheby's, believes the fact that NFTs are coming from the creator "is what makes them valuable."
"We have placed it in a public forum, we have sold it at basically no reserve and we let the market decide what the value is going to be," she added.
This is the latest NFT sale but not the last one from the British-founded auction house. Sotheby's also plans to auction a rare 101.38-carat pear shaped diamond for $15 million, which can be bought using cryptocurrencies. Thus, Sotheby’s will reportedly be the first to sell a diamond of such size for cryptocurrency.
Dubbed The Key 10138, the diamond is one of ten precious metals of more than 100 carats ever to come to auction. The diamond will be sold on July 9 in Hong Kong. Besides fiat money, the auction house will also accept bitcoin (EXANTE: Bitcoin) or ether (ETH).
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