On November 2, a non-fungible token (NFT) magazine called “The NFT Magazine” will be released on the Ethereum blockchain — a periodical publication containing articles and illustrations in the form of an NFT. Advtech IT Solutions is promoting the project, which has collaborated with members of the Zilliqa, Algorand, and Bitcoin Cash blockchain communities, as well as Art Rights, Artuu, The Cryptonomist, and the Poseidon Group.
The NFT Magazine is a non-fungible token publication that covers blockchain topics and features crypto artists.
Non-fungible token (NFT) assets and collectibles have established themselves as a mainstay in the worlds of cryptocurrency and blockchain. Thousands of artists, celebrities, athletes, designers, DJs, and others have published NFTs that have sold for millions of dollars in the last year.
There have been many different types of NFTs, including artwork, gaming items, music, and even physical items that are linked to blockchain technology. Now, Advtech IT Solutions intends to publish an NFT-based periodical containing a variety of topics related to the worlds of crypto art, blockchain, and fintech.
The NFT Magazine project will be minted on the Ethereum (ETH) blockchain, and 500 copies of the magazine will be distributed. According to information shared exclusively with Bitcoin.com News, the first cover of the magazine will feature the well-known crypto artist dubbed Hackatao.
The cover image of The NFT Magazine, on the other hand, will not be revealed until the November 2 release. Furthermore, according to the website, magazine readers will be able to learn about the “biggest players in the crypto world, market trends, rankings, and expert advice.”
Readers Club Will Become a DAO
Unsold copies, according to the team, will be burned to increase scarcity, and NFT magazine owners will be part of an exclusive “Readers Club.” According to the creators of NFT Magazine, the Readers Club will eventually become a decentralized autonomous organization (DAO). The DAO will rely on the community to “choose topics, artists, and projects to include in future issues of the magazine.”
Members of the Bitcoin Cash, Algorand, and Zilliqa blockchain ecosystems are among the project’s partners. “In fact, Bitcoin Cash and Zilliqa will be quoted as one of the most promising blockchains where users and artists can create NFTs,” according to the magazine’s announcement.
The first issue of The NFT Magazine will be available on the leading NFT marketplace Opensea on the day it is released. Because of the extremely limited number of copies, the magazine’s covers will continue to feature “famous artists of the sector,” becoming collector’s cards.
Meanwhile, in mid-August, the well-known magazine brand TIME partnered with the Cool Cats NFT project. At the end of June, Bitcoin.com News reported on Gannett, the largest newspaper publishing company in the United States, launching the company’s first NFTs. Furthermore, on August 12, Fortune raised $1.3 million through an NFT cover sale.