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CNN Is Joining The NFT Game By Letting You ‘Collect’ Famous Moments
By Alexa Heah, 17 Jun 2021
Image via Shutterstock
With artists, auction houses, celebrities, and even the Space Force in the NFT marketplace, it’s no surprise CNN is throwing its hat in the ring.
Its NFTs will debut late this month on the ‘Vault by CNN’ platform, which will feature news clips that users can purchase and display on their ‘Vault’ page.
While the news network has yet to specify which moments will be up for sale first, it’s likely to be “famous moments” in world history that’ll attract the highest bidders.
According to Input, upon purchase of the NFT, you won’t acquire the copyrights to these moments. Rather, you’ll be buying a one-of-one signed copy of the news clip instead. For some limited-edition sets, CNN will be offering a video case display for you to show off your nifty NFT.
The network suggests there could be demand for digital collectibles of live broadcast moments, especially those of importance, such as the fall of the Berlin Wall.
“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 a the way they can with a print newspaper or magazine,” CNN said.
While we wait to see which news clips go up for sale first, purchasing a copy of a “famous moment” in broadcast history could appeal to those who aren’t convinced by the art side of the NFT craze just yet.
[via Input, cover image via Shutterstock]
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