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Wikipedia auctions first NFT for $ 750,000 at Christie's


 

Wikipedia tries out an NFT for the first time, which takes the owner back to the early days of the platform.


After the popular online encyclopedia Wikipedia celebrated its twentieth birthday in January, the influential information portal is now setting the next milestone in its own company history by selling its first non-fungible token (NFT).


The corresponding auction was this week by the prestigious auction house Christie's held , with two collectibles by Wikipedia co-founder Jimmy Wales were sold.


The auction, entitled “The Birth of Wikipedia”, consisted of two parts. On the one hand, the NFT mentioned at the beginning, the first discontinued Wikipedia article (sales price: 750,000 US dollars) and, on the other hand, the Strawberry iMac (see below), on which Wales developed Wikipedia in the first place (sales price: 187,500 US dollars).


The NFT virtually certifies the laying of the foundation stone for Wikipedia, because it contains the first message that the co-founder put online on the platform in 2001. His words at the time: "Hello, World!"


In design, the NFT retains the original Wikipedia layout from 2001, for which the earliest surviving programming code was used. In addition, the new owner can edit the crypto token as desired and reset it to its original state using a timer.


Christie's Peter Klarnet says the latest auction “reflects the growing interest of collectors in the history of the Internet. According to the auction house, part of the proceeds will go to WT.Social, Wales' new social network.



Not only Wikipedia is trying out NFTs, because the market is still uncharted territory for Christie's. It wasn't until the beginning of 2021 that the auction house got off to a very successful start in the new industry with a digital work of art by the artist Beeple. The work called "Everydays: The First 5000 Days" was auctioned for a whopping 69 million US dollars , which is still the current record.

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