Wikipedia’s first ever edit is being auctioned as an NFT

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co-founder of wikipedia Jimmy Wales auctioning off non-fungible tokens (NFTs) One of the first edits made to the site.

Wells said “Hello, world!” typed the word. Since the launch of Wikipedia on 15 January 2001, that moment has been immortalized in an NFT that is being sold by Christie’s, the auction house said in a statement.

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An NFT is a piece of digital content linked to the blockchain, the digital database underpinning cryptocurrencies such as bitcoin and ethereum.

They turn digital works of art and other collectibles into one-of-a-kind, verifiable assets that are easy to trade on the blockchain, and have seen a huge surge of interest in the art world.

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Jimmy Wales made the edit on January 15, 2001. Credit: Christie’s

Now, collectors have the chance to become the largest repository of free information on the Internet and purchase the first entry on one of the top 10 most visited websites in the world, according to Christie’s, which estimates the NFT will be $100,000-150,000. sell in.

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Wells started Wikipedia after initially trying to create Nupedia, a peer-reviewed online encyclopedia written by experts, but the project failed because it took too long to approve edits.

“It was very, very academic and it failed because it was really no fun for the volunteers – it was just too harsh,” Wells said in the statement.

Wikipedia co-founder Larry Sanger proposed making it easier to collaborate on web pages, and the move led to massive progress.

“Within two weeks we did almost as much work as in two years,” Wells said.

At first, anyone could edit the site and previous versions of pages would be lost, but then Wells began backing up the site’s history to be able to reverse any changes, according to the statement.

That code is part of NFT which is up for auction as part of a sale running online until December 15, and includes work on the Strawberry iMac Wells at the time.

Anyone who buys an NFT will be able to edit the page to their liking, as well as return it to its original form.

Wells said it was a way “that I think was meaningful about that moment of potential and excitement to express artistically—that you can create something wonderful, or that you can do something that absolutely Doesn’t work either.”

He continued: “And I hope people react to that, to really think back: this isn’t mature Wikipedia, it was Jimmy’s crazy idea on a strange January morning, which I think fantastic to think about.” Is.”

The proceeds from the sale will support WT.Social, an alternative social media project in Wales, as well as various charities.

“It is a testament to the power of crowdsourcing: allowing billions of people access to a vast storehouse of information – and all of it free of charge,” Peter Clarinet, senior specialist at Christie’s of America, Books and Manuscripts, said in the statement. .

“As frequent users of Wikipedia during our own work, we are honored to be entrusted with two items that mark the birth of this transformative achievement.”

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Credit : www.cnn.com

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