Bids for original World Wide Web code skyrockets to $2.8 million

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English computer scientist Tim Berners-Lee, best known as the inventor of the World Wide Web, delivers a speech during an event at the CERN in Meyrin near Geneva, Switzerland, Tuesday March 12, 2019 marking 30 years of World Wide Web. (Fabrice Coffrini/Pool, Keystone via AP)

Bidders are bitting hard at the non-fungible token of the original source code of the World Wide Web, which was written by inventor Tim Berners-Lee. In a rather miraculous turnout, the opening price, which started at $1,000 soared to $2.8 million, just two days before the end of Sotheby’s auction.

Berners-Lee, a London-born computer scientist, invented the World Wide Web in 1989, revolutionising the sharing and creation of information in what is seen as one of the most significant inventions since the printing press appeared in Europe in 15th Century Germany.

The World Wide Web, which was originally invented by London-born computer scientist, Berners-Lee in 1989, revolutionizing the transmission and transformation of information forever. This is widely credited as the most important inventions since the German printing press surfaced in Europe, in the 15th century.

The digitally signed Ethereum blockchain non-fungible token (NFT), a digital asset that records ownership, includes the original source code, animation visualization, a letter written by Berners-Lee, and the digital number of the complete code in the original file poster.

The most expensive NFT auction known to date was in March 2021, when a digital collage by American artist Mike Winkelmann (also known as Beeple) was sold at Christie for $69.3 million.

Since then, no NFT sales have approached this amount. In June, a single “CryptoPunk” NFT (a pixelated image of a cartoon face) was sold at Sotheby’s for $11.8 million.

The auction is expected to close on Wednesday, at 1801 GMT.