​​UC Berkley is joining NFT The Fourth Pillar NFT is a digit | NFT Community

​​UC Berkley is joining NFT

The Fourth Pillar NFT is a digital collage of 10 pages of details based on the Nobel Prize-winning research behind cancer immunotherapy by Jim Allison was auctioned on June 8 for 22 ETH ($54,360), 85% of which will go to UC Berkeley to fund research and education with a focus on seed funding for early-stage research that could have a broad impact on society.

The winning bidder was a group of 31 UC Berkeley alumni who pooled their funds in a decentralized autonomous organization, or DAO, to bid on the NFT.

The NFT was minted by UC Berkeley on May 27 to honor the breakthrough research of James Allison at UC Berkeley in the 1990s as well as to raise money for current research that could have a similar impact. This is the first university-issued NFT based on an invention.

UC Berkeley plans to also auction an NFT honoring another Nobel Prize-winning UC Berkeley invention, CRISPR-Cas9 gene editing.