Jimmy Wales, the co-founder of Wikipedia, is auctioning the first-ever Wikipedia page edit as an NFT.

Almost everyone visits Wikipedia, an online collection of facts and knowledge generated and maintained by volunteers from all over the world. However, few people are aware of the initial modification to a Wikipedia article.

The inventor of Wikipedia is auctioning a newly issued non-fungible token (NFT) of the first update made to a Wiki page, thanks to blockchain technology and the growing enthusiasm for non-fungible tokens. On January 15, 2001, Jimmy Wales, a co-founder of Wikipedia, established this open-source project and published “Hello World!” on it.

Wales’ NFT is more than just a screenshot of the webpage in JPEG format. With a dedicated homepage, it will provide an interactive experience. Anyone who has purchased the NFT will be able to change the “Hello World!” Wiki page in any manner they wish, as well as restore the page to its prior condition.

Another piece of Internet history is being auctioned off in Wales. He used his Strawberry iMac to create the Wikipedia entry. Christie’s, a British auction company, is in charge of the sale, which will run until December 15.

Jack Dorsey, a co-founder of Twitter, created his first NFT and sold it for $2.9 million (approximately Rs. 21.88 crores) in bitcoin.

According to a story in Vice, Wales aims to utilize the money raised through the auction to establish an ad-free social network.

You may also have a look at the Wiki page.

But what does Wales think about individuals who are opposed to NFTs and cryptocurrency for a variety of reasons, including issues of trust?

Wales acknowledged that there is now a speculative bubble surrounding NFTs, but he remains optimistic about the technology in general. He predicted, “There will be a lot of dumb stuff and a lot of nasty stuff.” “However, there is something fascinating about it all.”

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