The Associated Press is starting its own NFT marketplace for photojournalism

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The Associated Press is starting its own NFT marketplace for photojournalism
France Dernières Nouvelles,France Actualités
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It says it’ll use the proceeds to fund its news endeavors.

, and the project seems entirely aimed at collectors who want to, as the press release puts it, “seamlessly buy, sell and trade official“Pulitzer Drops” will “have increased scarcity to preserve their status”says the MetaMask will be the first wallet supported but that there are plans to add support for others.

It’ll also get revenue whenever they’re resold on its marketplace — the FAQ says there’s a 10 percent fee associated with reselling, and Xooa spokesperson Lauren Easton toldin an email that the two companies would share that fee. Easton also told us that the “photographers will share in all revenue collected,” but didn't specify what their cut would be.

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