The Economist Magazine Launches NFT ‘DeFi Rabbit Hole’ For 99.9 ETH

on Tuesday The Economist Magazine, an international magazine with 1.6 million print volumes per week Successfully selling non-fungible or NFT tokens From the cover of the magazine on September 18 for 99.9 ETH or almost $419,000 on the theme. “Alice in Wonderland” That has attracted a lot of interest from Cryptoland a lot.

Cover of “Down the rabbit hole: The Promise and Perils of Decentralized Finance” Original illustration by Sir John Tenniel of “Alice in Wonderland” revised for NFT by digital artist Justin Metz. This sale marks the first start for the 178-year-old print business The Economist in the NFT world.

The Economist will bring a portion of the incomeProceeds from NFT sales go to the Economist Educational Foundation, an independent charity. But The Economist wasn’t the first long-standing magazine to enter the world of NFT in March. The New York Times itself entered the world of NFTs and sold one column of NFTs in the book for $562,000.

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