News agency Associated Press rolls out NFT collection on Binance – Micky News


News organization The Associated Press unveiled a collection of non-fungible tokens on the Binance marketplace, a Binance press release disclosed.

In the collection, branded “Unique Moments,” are digitized reproductions of images and news wires that were taken from the news agency’s reporting on significant events that occurred during the last century.

Examples include the surrender of Japan during World War II, the inauguration of Nelson Mandela, and the discovery of the planet Pluto.

NFTs currently available as mystery boxes

The Associated Press confirmed the news in a tweet late Thursday night. As of the time of publication, the news agency had not responded to CoinDesk’s request for comment.

Currently, the NFTs are only accessible as mystery boxes, with each box costing BUSD 29 (Binance’s stablecoin) to purchase.

There are four categories of rarity: normal, uncommon, super rare, and super super rare.

A chance to win another NFT that “symbolizes the AP’s reach over the world” will be given to buyers who gather one normal, one rare, and one super rare item but do not sell them before 11:59 PM UTC on October 25.

NFT purchase starts Thursday

The collection will be available for purchase starting at noon UTC on Thursday, and each Binance account will be able to purchase up to 25 boxes.

Metalist Lab, a publisher of NFT games that previously partnered with Chinese gaming giant NetEase, curates the collection. The company announced the news on October 8.

In March, the Associated Press sold an NFT artwork for $180,000 in ether. NFTs have also been sold by The New York Times and The New Yorker, among other publications.

In June, Binance launched its non-financial token marketplace.

Image courtesy of Cointelegraph News/YouTube

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