The Associated Press (AP) news agency is introducing an NFT marketplace for collectors to buy images shot throughout the course of its nearly 200 year long history. Xooa, a blockchain technology firm, is reportedly developing the marketplace and the NFTs shall be issued via the Polygon blockchain.
Moreover, the inaugural collection will be presented over many weeks beginning on January 31st and shall include topics ranging from space, environment, and conflict on various AP photographers' work. Every NFT shall additionally have full information about the location, equipment, date, time, and technical parameters utilised to capture the image.
The marketplace will also allow secondary market purchases and transactions via credit card payments and cryptocurrency wallets like MetaMask, with Coinbase and Binance support to follow.
The Associated Press concluded that the revenues generated through the NFTs will be used to finance its journalism endeavors and initiatives for the future.
The Associated Press Is Introducing An NFT Marketplace

Subscribe to the CryptoWeekly Newsletter
Get the top stories, funding deals, technical analysis, cryptocurrency jobs and much more delivered to your inbox, every Monday morning.

February 06,2025
MicroStrategy Rebrands To Strategy As Bitcoin Acquisition Continues

February 06,2025
Legal Watchdog Calls For Investigation Into TRUMP Meme Coin

February 06,2025
TIGER 21 Invests Up To $6B In Crypto

February 06,2025
Hacker Exploits Jupiter X Account To Promote Fake Meme Coins

February 05,2025
Block Production Temporarily Halted By XRP Ledger

February 05,2025
Moonray To Launch On Xbox And PS5 This Year

February 05,2025
Semler Scientific Becomes 10th Biggest Bitcoin Holder

February 05,2025
U.S. SEC Finally Reduces Crypto Oversight

February 04,2025
Crypto Market Recovers After Trump Delays Tariffs

February 04,2025
U.S. Parents Are Choosing Bitcoin Over 529 College Plans

February 04,2025
Over $20M Liquidated As PEPE Continues To Struggle

February 04,2025