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Chaotic TIME Magazine NFT Launch Sends Gas Fees Spiraling — CoinDesk

Chaotic TIME Magazine NFT Launch Sends Gas Fees Spiraling — CoinDesk

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Yesterday afternoon, TIME Magazine introduced a brand new assortment of non-fungible tokens (NFTs) providing “unlimited access” to its web site by 2023. Dubbed “TIMEPieces,” the gathering consists of 4,676 tokens tied to digital artworks, every priced at .1 ETH, or round $310.

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