The ever emergent world of blockchain technology has brought to the forefront nonfungible tokens (NFTs), a unique class of digital assets. These assets, catering to various real-world use cases, have become a new wave of digital collectibles. Stepping into the spotlight, Cointelegraph has introduced the Historical Collection that enables individuals to mint articles from the platform as digital collectibles.
These are remarkable times when iconic headlines and ground-breaking news can be served on the Polygon blockchain. The Collection has seen nearly 1,100 minted articles resold as collectibles with only 3% of these listed for secondary sale, suggesting these pieces are perceived as long-term or even sentimental assets.
Exceptions aside, the rise of artificial intelligence (AI) in the digital landscape cannot be overlooked. Its potential to generate vast swathes of content could revolutionize the ways we engage with and monetize free content. Fear not, as countermeasures are at hand.
According to Ivan Sokolov, Co-founder of Mintmade, owning pieces of digital content will have significant ramifications in the future. Owning articles demonstrates a commitment to preserving a free, accessible and trustworthy internet ethos. With AI restructuring the way free content is monetized, an era of paywalls could emerge, making open access to professional coverage a thing of the past.
AI’s rapid expansion has brought about concerns. AI systems can generate a staggering amount of text and images in a blink, leading to potential deterioration in online information. Consequently, disinformation could be propagated when AI systems generate erroneous, biased or wholly false data. Legal and ethical issues also arise when AI models scrape web data sans consideration for copyright or privacy.
Cointelegraph’s Historical Collection offers a solution to this puzzle. Preserving pieces of quality, verified content in the form of NFTs allows readers a piece of history. The Collection presents an alternate route to independent, unbiased news in an increasingly decentralized world.
Investing in these NFTs is not just an investment in potential profits but an investment in the future of information. ” This is more important than ever,” affirmed Sokolov.
So, as the crypto community contemplates the nature of content to be consumed in the future and its authors, Cointelegraph’s Historical Collection paves a way to not just own a piece of blockchain history but also to support independent journalism in the crypto space.
Source: Cointelegraph
