![]() ![]() NFT hype train - Some people have a hard time understanding NFTs, but the basic idea is to imbue value on digital works by creating scarcity. "I’m selling a picture that I made, of what the source code would look like if it was stuck on the wall and signed by me,” Berners-Lee told The Guardian at the time the auction was announced. NFTs are essentially digital autographs, unique cryptographic keys that cannot be replicated. What Berners-Lee sold was merely a copy of the web’s source code along with a one-of-one signature from himself. Of course, this sale isn’t going to make the internet private. Without the web, the internet would just be accessible through a command line and lack all the rich media one is able to access, like YouTube videos and GIFs of cats.īerners-Lee created the first web browser in 1989, and in 1993 the technology was put into the open domain, meaning he held no patents on the web and was never able to directly charge for his invention. Not to be confused with the internet, the world wide web is the system of webpages and links that make them navigable to everyday users. World-changing invention - The windfall sees Berners-Lee finally get direct compensation for his formative work. The sale was completed through Sotheby’s and went to an anonymous buyer. Tim Berners-Lee, the creator of the internet as we know it, just netted $5.4 million selling an NFT collectible version of the source code behind the world wide web. ![]()
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