National Geographic will open sales of the first NFT collection on January 17
National Geographic will open sales of the first NET collection called GM: Daybreak Around the World
National Geographic will open sales of the first NFT collection called GM: Daybreak Around the World on January 17. In honor of the magazine's anniversary, the collection will include 1888 NFT. This number is the year National Geographic was founded.
The project involved 16 photographers who shot sunrises in different parts of the world, from Australia to Everest. Each artist presented 118 NFTs.
The tokens were issued on the Polygon blockchain, and their initial cost will be 215 MATIC ($217). Sales will begin on the Snowcrash platform. To participate in the auction, you must register and pass identity verification.
Tokens from the collection will be sold by the "blind" method. The buyer will need to see which NFT he is buying. According to the project team, this "guarantees honesty and presents a pleasant surprise."
Direct sales will begin on January 17, and secondary sales will open 48 hours later. The disclosure of the NFT will occur 5 hours after the sale of the entire collection or 48 hours after the release of the NFT.
Last week, the NFT collection based on "Game of Thrones" from Warner Bros. Discover was sold for over $500 thousand. A series of almost 5 thousand digital tokens were sold on the first day of trading.