​​NFT Big Sales: 'DeFi Rabbit Hole' by The Economist The Eco | NFT Community

​​NFT Big Sales: 'DeFi Rabbit Hole' by The Economist

The Economist has sold 1/1 DeFi Rabbit Hole NFT representing cover of its USA issue (18 September 2021) for 99.9 ETH (~$419k at the time of the sell).

The magazine cover image is an adaptation of illustrator Sir John Tenniel’s original Alice in Wonderland drawing, revised by digital artist Justin Metz.

The Economist will retain a 10% royalty stake in the digital piece, with proceeds from today’s sale and all future sales going to the Economist Educational Foundation, an independent charity.

Other world-known newspapers that entered the NFT world are The New York Times, which recently sold an NFT of a column for $562k, USA Today with their newspaper delivered to the moon, Fortune with their LE of digital NFT magazines and $1.3M sales, Assosiated Press with their sales on OpenSea and Binance NFT Marketplace, and TIME, which has already many NFT ventures with their TimePieces project.

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