Berners-Lee NFT Sells for $5.4M at Sotheby's

High-end digital collectibles are still fetching large sums.

Jun 30, 2021 at 7:05 p.m. UTC
Updated Sep 14, 2021 at 1:19 p.m. UTC

Tim Berners-Lee, the British computer scientist and inventor of the World Wide Web, put some source code up for auction as a non-fungible token (NFT) earlier this month.

Someone bought it for $5.4 million.

Sotheby's announced Wednesday that the NFT attracted a total of 51 bids. A Sotheby's spokesperson told CoinDesk the buyer is anonymous. "At this time we can’t confirm if they will pay in fiat or crypto," they said.

Proceeds from the sale will go toward charitable initiatives supported by the Berners-Lee family, Sotheby's said.

UPDATE (June 30, 19:48 UTC): Adds comment from a Sotheby's spokesperson.

The Festival for the Decentralized World
Thursday - Sunday, June 9-12, 2022
Austin, Texas
Save a Seat Now

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Trending

1
Breaking Barriers to the Web 3 Creator Economy

The latest innovations in blockchain technology are enabling creators to earn more from their work and achieve an unprecedented level of autonomy.

The latest innovations in blockchain technology are enabling creators to earn more from their work and achieve an unprecedented level of autonomy.

2
How Not to Run a Cryptocurrency Exchange

At Japan's Liquid exchange, recently acquired by FTX, warnings were ignored, breaches unreported and employees berated and cursed at, insiders say.

At Japan's Liquid exchange, recently acquired by FTX, warnings were ignored, breaches unreported and employees berated and cursed at, insiders say.

3
Morgan Stanley Warns NFTs Next to Watch After UST Collapse, Bukele Announces Mega Banks Meeting in El Salvador

The most valuable crypto stories for Monday, May 16, 2022.

The most valuable crypto stories for Monday, May 16, 2022.

4
First Mover Asia: Metaverse ETFs Are Underperforming Gaming ETFs; Cryptos Return to the Red

Public interest continues to grow about the metaverse, but not as much in metaverse ETFs. Does crypto belong in everything?

Public interest continues to grow about the metaverse, but not as much in metaverse ETFs. Does crypto belong in everything?