Cryptocurrency News

Sotheby’s to auction World Wide Web source code as NFT


British computer scientist Sir Tim Berners-Lee, who developed the original source code for the World Wide Web, is making the data part of a non-fungible token through luxury auction house Sotheby’s.

According to Tuesday’s announcement from Sotheby’s, the auction house will Branch The World Wide Web Fungible Token, or NFT, is up for bids starting June 23. Bidding for the NFT, codenamed “This Changed Everything” and documents containing the timestamps of the code, will start at $1,000.

Preview of “This Changed Everything” NFT. Source: Sotheby’s

Before the web browser, Amazon, or even shareable memes, was first created in 1989, about 10,000 lines of code — written using Python — included HTML, or Hypertext Markup Language, HTTP, or Hypertext Transfer Protocol, and URIs, or Uniforms. Resource identifiers, languages, and protocols. The computer scientist has also included a letter explaining how he created the codes and their signatures.

“NFTs, whether they are artifacts or digital artifacts like this one, are the latest playful creations [the realm of technological transformation], and the most appropriate means of ownership that exists,” Berners-Lee said. “They are the ideal way to package the original behind the Web.”

Berners-Lee never patented the WWW source code, choosing instead to make it free for all. Perhaps as a result, current estimates put the computer scientist’s net worth at around $10 million, potentially in the trillions or quadrillion. According to Sotheby’s, all proceeds from the NFT sale will benefit initiatives that support Berners-Lee and his wife.

related: Sotheby’s auction sets new world record for $11.8M cryptopunk sales

appears to be sotheby’s becoming more famous For high-profile NFT auctions. In March, the auction house announced that it would be offering token art by a creator named Pak. Last week, its London sales room sold a Cryptopunk one for $11.8 million, reportedly a world record for the type of artwork.