Wikipedia Co-Founder Jimmy Wales Is Selling Off His First Wiki Edit As An NFT

Wikipedia Co-Founder Jimmy Wales Is Selling Off His First Wiki Edit As An NFT
© Provided by Indiatimes

The co-founder of Wikipedia, Jimmy Wales is selling off his first Wiki edit as an NFT. The non-fungible token (NFT) will be sold by auction house Christie’s during a sale between December 3-15.

Christie’s is also auctioning the Strawberry iMac used by Wales during the time Wikipedia was launched. All funds generated from these sales would be allocated to charitable causes and WT.Social – Wales’ social network launched in 2019 which runs on donations.

Wikipedia Co-Founder Jimmy Wales Is Selling Off His First Wiki Edit As An NFT
© Provided by Indiatimes Newsweek

A throwback for Wikipedia enthusiasts

Wikipedia first appeared in January, 2001 and has since then remained the pinnacle of free knowledge – offering users not only the ability to gain information, but to add to the knowledge pool by making changes subject to moderation. In conversation with The Verge, Jimmy Wales explained that the NFT in question is essentially the very first visual manifestation of Wikipedia.

Also read: Metaverse Is No Joke, As Someone Just Paid $650,000 For A Digital Yacht NFT

The single page document would be available to the world – open to edits… then reverting to its original state in five minutes.

Wikipedia Co-Founder Jimmy Wales Is Selling Off His First Wiki Edit As An NFT
© Provided by Indiatimes Jimmy Wales/Christie’s

Written on the Ethereum blockchain, the NFT is enmeshed with a smart contract which gives its buyer the control over that website. Essentially, once the website is sold, the buyer can do whatever they want – edit it, modify it, even shut it down.

Also read: You Can Download ‘Every NFT’ Art On This Portal Inspired By The Pirate Bay

Wales told The Verge that with this sale he hopes to show the world how Wikipedia came to be – “to take people back to that moment when I set up the website.”

A lot of tech creators are selling the earliest versions of their creation as NFTs and then helping out charities. What do you think about this sudden explosion of NFTs? Let us know in the comments below.

Wikipedia Co-Founder Jimmy Wales Is Selling Off His First Wiki Edit As An NFT
© Provided by Indiatimes Reuters

For all-things-NFT and blockchain along with the latest in technology and science, keep reading Indiatimes.com.

Citation

Robertson, A. (2021b, December 3). Jimmy Wales is selling his first Wikipedia edit as an NFT. The Verge.

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