![]() ![]() Additional reporting by CNBC's Ryan Browne. He was named one of Time magazine's 100 most important people of the 20th century for this accomplishment. Berners-Lee invented the World Wide Web in 1989 at CERN. That means volumes are now roughly back where they were at the start of 2021. Tim Berners-Lee, a scientist and academic, was the primary author of HTML, with the assistance of his colleagues at CERN, an international scientific organization based in Geneva. Overall sales plunged from a seven-day peak of $176 million on May 9, to just $8.7 million on June 15, according to numbers from Nonfungible. ![]() Total NFT sales reached an eye-popping $2 billion in the first quarter of this year, according to data from Nonfungible, a website which tracks the market.īut there are signs that the bubble could be bursting, with sales of digital collectibles falling dramatically in recent weeks. On Thursday, a rare digital avatar known as a CryptoPunk sold at Sotheby's for over $11.7 million. Jack Dorsey, CEO of Twitter, sold his first tweet as an NFT for $2.9 million later that month. In March, South Carolina-based graphic designer Beeple, whose real name is Mike Winkelmann, sold an NFT for a record $69 million at a Christie's auction. While I do not make predictions about the future, I sincerely hope its use, knowledge and potential will remain open and available to us all to continue to innovate, create and initiate the next technological transformation, that we cannot yet imagine."Ĭassandra Hatton, global head of science and popular culture at Sotheby's, said in a statement that the "NFT format" will allow collectors to "own the ultimate digitally-born artefact." "For me, the best bit about the web has been the spirit of collaboration. "Three decades ago, I created something which, with the subsequent help of a huge number of collaborators across the world, has been a powerful tool for humanity," said Berners-Lee in a statement. It will be the first time Berners-Lee has been able to capitalize financially on what is widely viewed as one of the greatest inventions of our time. They will all be digitally signed by Berners-Lee. The NFT includes original time-stamped files containing the source code written by Berners-Lee, an animated visualization of the code, a letter written by Berners-Lee on the code and its creation, and a digital "poster" of the full code. ![]() NFTs are a type of digital asset designed to show that someone has ownership of a unique virtual item, such as online pictures and videos, or even sports trading cards. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit ![]()
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