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The Associated Press will launch an NFT-marketplace to sell ph | InCoin Eng (crypto news)

The Associated Press will launch an NFT-marketplace to sell photos

The Associated Press news agency announced the launch of a platform to sell its own photos in the form of NFT. The marketplace will be built on the Polygon blockchain.

The site is scheduled to launch and release its first NFTs on Jan. 31, 2022.

"For 175 years, AP photographers have recorded the world's grandest stories with compelling and moving images that continue to resonate today. With Xooa technology, we are proud to offer these tokenized exhibits to a rapidly growing global audience of NFT photo collectors," said the agency's Director of Blockchain and Data Licensing, Duane Desolyniers.

Each token contains a set of original metadata: time, place, date, equipment, and its settings. Every two weeks, AP plans to host a Pulitzer Drop, a selection of Pulitzer Prize-winning photos.