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Associated Press to launch NFT photography marketplace

January 13, 2022 By Crypto Reporter

The marketplace and first NFTs are set to debut on Monday, Jan. 31. NFTs will range from space, climate, war and other images to spotlights on the work of specific AP photographers.

The Associated Press will launch a non-fungible token (NFT) marketplace built by blockchain technology provider Xooa, where collectors can purchase the news agency’s award-winning contemporary and historic photojournalism. The NFTs will be minted on the Polygon blockchain.

The initial collection will feature photography by current and former AP photojournalists and a selection of digitally enhanced depictions of their work. Pulitzer Prize-winning AP images will be included.

Each NFT will include a rich set of original metadata offering collectors awareness of the time, date, location, equipment and technical settings used for the shot.

“For 175 years AP’s journalists have recorded the world’s biggest stories, including through gripping and poignant images that continue to resonate today,” said Dwayne Desaulniers, AP director of blockchain and data licensing. “With Xooa’s technology, we are proud to offer these tokenized pieces to a fast-growing global audience of photography NFT collectors.”

Filed Under: General News, News Tagged With: Associated Press, news, NFT

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