In accordance with a Binance press release, news organisation The Associated Press launched a group of non-fungible tokens on Binance’s market.
The collection, dubbed “Unique Moments,” includes digitised versions of photographs and news wires based on the AP’s reporting on historic events from the previous century. Examples include Japan’s surrender in WWII, Nelson Mandela’s inauguration, and the discovery of Pluto. The Associated Press confirmed the news in a tweet late Thursday.
As of press time, the information company had not responded to CoinDesk’s request for comment. The NFTs are available in thriller packaging and are each priced at BUSD 29 (Binance’s stablecoin). There are four levels of rarity: common, uncommon, extremely uncommon, and extremely extremely uncommon. Buyers who purchase one common, one uncommon, and one extremely uncommon item but do not sell them by 11:59 p.m. UTC on Oct. 25 may have a chance to win another NFT that “symbolises the AP’s reach on the planet.”
The collection will be available at midday UTC on Thursday, and each Binance account will be able to purchase up to 25 containers.Metalist Lab, an Australian NFT writer who previously worked with Chinese gaming giant NetEase, curated the collection. Metalist Lab released the information on October 8th. In March, the AP sold an NFT painting for $180,000 in ether. NFTs have also been offered by The New York Times and The New Yorker. In June, Binance launched its NFT market.