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99 year-old publisher Time is leading legacy media into the NF | NFTs Metaverse Coins | Binance

99 year-old publisher Time is leading legacy media into the NFT future

NFTs, or non-fungible tokens, are a controversial piece of the crypto conversation, evoking both passionate criticism and praise as Web3 becomes a bigger part of popular culture.Keith Grossman, president of Time, has spent the past year building the 99-year-old media brand’s NFT business, TIMEPieces, and the publisher now accepts 33 cryptocurrencies for digital subscriptions.

NFTs, or non-fungible tokens, have become, perhaps, the most controversial piece of the crypto conversation, evoking both passionate criticism and praise as Web3 becomes a bigger part of popular culture.NFTs are unique digital assets, like artwork and sports trading cards, that are verified and stored using blockchain technology, but critics see them as overhyped and potentially harmful to the environment given the energy-intensive nature of cryptocurrencies.

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