Timepieces NFTs by Time Magazine launched on Thursday, September 23rd. TIMEPieces features work from 40 artists which have cooperated with the publication to produce this community NFT collection.
The 4,676 NFTs, sold out in a minute. Each NFT cost 0.1 ETH and now on OpenSea, the floor is 0.82 ETH, and they are already generating much more on secondary markets.
TimePieces NFTs are the second drop from TIME Magazine. At an auction, 3 iconic magazine covers as NFTs were sold for $435,000.
Buyers of TIMEPieces can connect their digital wallets to the website to get endless entry until TIME’s 100th Anniversary in 2023.
The artists for the NFT collection come from a group organized by TIME Creative Director D.W.Pine.The works presented within TIMEPieces collection range from photography to illustrations, from painting to animation, and many artists have produced covers for TIME in the past.
It was mentioned that TIMEPieces collections will turn into a hard cover book as well.
It was added that the launch shows the first time an important media brand has taken on a Web3 advancement toward creating community and using this technology as a new extension of the present digital subscription work.
