The NFT Magazine Project plans to publish a magazine in the form of an NFT on Ethereum – Blockchain

On November 2nd, a non-fungible token (NFT) magazine called “The NFT Magazine” will be released on the Ethereum blockchain - a periodic publication with articles and illustrations in the form of an NFT. The project, funded by Advtech IT Solutions, has partnered with members of the blockchain communities Zilliqa, Algorand and Bitcoin Cash, in addition to Art Rights, Artuu, The Cryptonomist and the Poseidon Group.

The NFT Magazine – A non-fungible token magazine featuring blockchain topics and crypto artists

Non-fungible token (NFT) assets and collectibles have become a mainstay in the world of cryptocurrency and blockchain. In the last 12 months, thousands of artists, Celebrities, sportsman, designer, DJs, and more have released NFTs that have sold for millions of dollars.

There have been all kinds of NFTs such as artwork, game items, music, and even physical items tied to some type of blockchain technology. Now, a team called Advtech IT Solutions is planning to publish an NFT-based magazine with various topics related to the world of crypto art, blockchain and fintech.

The project, called The NFT Magazine, is minted on Ethereum ( ETH ) Blockchain and 500 copies of the magazine published. According to information shared exclusively with Bitcoin.com News, the artist who will be featured on the magazine's first cover will be the well-known crypto artist by the name Hackatao.

However, The NFT Magazine cover photo will not be released until November 2nd. Additionally, the website states that magazine readers can discover the “biggest players in the crypto world, market trends, rankings and expert advice.”

Readers Club is set to transform into a DAO

According to the team, unsold copies will be burned to increase scarcity, and NFT magazine owners will become part of an exclusive “Readers Club.” The NFT Magazine The creators say that Readers Club will eventually become a decentralized autonomous organization (DAO). The DAO will leverage the community, which can “decide topics, artists and projects that will be included in future issues of the magazine.”

The project's partners include members of the Bitcoin Cash, Algorand and Zilliqa blockchain ecosystems. “Bitcoin Cash and Zilliqa are actually cited as one of the most promising blockchains where users and artists can create NFTs,” the magazine’s announcement said.

The day of the first edition of The NFT Magazine falls, it will be listed on the leading NFT marketplace Open sea. The magazine's covers will continue to feature "famous industry artists who become collector's cards given the extremely limited print runs."

Meanwhile, the well-known magazine brand TIME recently in partnership with the Cool Cats NFT project in mid-August. End of June, Bitcoin.com News reported about the largest US newspaper publisher Gannett, which is launching the company's first NFTs. The business magazine will also be published on August 12th wealth educated $1.3 million at an NFT cover sale.

What do you think about NFT Magazine dropping on the Ethereum blockchain? Let us know your thoughts on this topic in the comments below.

Photo credits: Shutterstock, Pixabay, Wiki Commons, The NFT Magazine,