The "Internet Source Code" was sold as NFT for $5.4 million – Bits Media

Auction house Sotheby’s has completed an auction for the sale of a non-fungible token (NFT), containing the original source code of the technical foundations of the Internet. The developer received $5.4 million.

The source code was written by British scientist Tim Berners-Lee (Tim Berners-Lee) in 1989 year. NFT is more 9 000 lines of code, Including the HTML hypertext marking language codes, HTTP hypertext transmission protocol and unique Internet addresses (URL). Besides, The developer included code visualization in NFT, A letter about the process of writing and a digital poster with the image of the physical signature of Berners-Lee.

The auction started 23 june, And the initial rate was $1 000. However, the price was increased 51 Once and at the time the trading is completed, the price of the lot was $5.4 million. Means, received during the sale of NFT, The scientist plans to put to finance the initiatives supported by him and his wife.

“The process of creating and transferring this NFT gave me the opportunity to look back and remember the moment, When I first sat down to write this code thirty years ago. I thought about that, how much the Internet has developed since then, And where can he come in the coming decades ", -noted Berners-Lee.

This is not the first sale of collectible tokens by the Sotheby’s auction house. In April, Sotheby’s organized an auction of digital works of an anonymous PAK artist in the form of NFT on the Nifty Gateway trading platform.