The inventor of the Internet as we know it today-Tim Berners-Lee-sold the 30-year – old source code of the World Wide Web as an NFT (non-fungible token) – for $ 5.4 million. But in the meantime it came out: The NFT contains an error.
5.4 Million for NFT “This Changes Everything”
Tim Berners-Lee is considered one of the most famous personalities in the tech industry: it is from him that the significant concept from which today’s Internet has emerged. He had already devised this in 1989 – and now turned it into money. The program was auctioned through the New York auction house Sotheby’s and was able to achieve a sales price of no less than 5.4 million dollars. Content of the NFTs titled “This Changes Everything”: an animated, half – hour version of the nearly 10,000-line code-and a June 2021 letter from the computer scientist in which Berners-Lee reflects on his experiences in creating the code.
“The process of bringing this NFT to auction has given me the opportunity to look back at the moment when I first sat down to write this code thirty years ago and think about how far the web has come since then and where it could go in the coming decades.“
Background NFTs: So-called NFTs (non-fungible tokens) are blockchain-based crypto tokens (usually on Ethereum, but also on Tezos or Polygon) that allow users to prove that they actually own or own a digital or physical asset. According to Sir Berners-Lee, NFTs are “the latest playful creation in this field and the most appropriate means for property there is”.
At the beginning of the year, the NFT industry experienced a gigantic boom, which ultimately culminated in a record sale at Christie’s auction house: digital artist Beeple earned an incredible $ 69 million for his NFT collection. Since then, sales have declined, but the development of the NFT ecosystem continues unabated. NFTs have come to stay. This is also shown by the fact that IT pioneer Berners-Lee sells such historical documents as NFT.
Famous NFT contains critical error
By the way: The 66-year – old is also responsible for the development of HTML, URL and HTTP-three important technologies that still shape the nature and functionality of the Internet today. In addition,: The programmer and his wife are co-founders of the “World Wide Web Foundation”, in addition, he overlooks several non-profit organizations that care about “digital equality”.
Bernes-Lee now wants to donate his share of the sales proceeds to charity together with his wife Rosemary Leith Berners-Lee:
“I am thrilled that the initiatives that Rosemary and I support will benefit from the sale of this NFT. I would like to thank everyone who worked on this project at Sotheby’s and the crypto community for their help and support.”
However, it is quite possible that the famous NFT will be destroyed (“burned”) and re-issued. Because: Shortly after the end of the auction find Users found a bug in Berners-Lee’s half-hour video. Parts of the source code, which Berners-Lee wrote in the C programming language, were replaced by equivalents of the HTML programming language – for enthusiasts a rough blunder, which could also have a value-increasing effect.
One of Banksy’s works of art, for example, had an error: one of his paintings was to be shredded during an auction – but the mechanics failed, the work was only half destroyed – and this error made it even more valuable.
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