JAKARTA – Time Magazine is reportedly starting to receive new ApeCoin tokens in the near future. The crypto-token, which is built on the Ethereum network, was developed by the creators of the NFT Bored Ape Yacht Club, as reported by CryptoPotato.
The announcement was made by Time via its official Twitter account. Initially, the magazine allowed consumers to subscribe to digital content using XRP, BTC, ETH, and DOGE. Recently Time accepted payment with ApeCoin.
A year ago, Time Magazine also auctioned off some of the most memorable covers for NFT. They also agreed to hold Bitcoin on the balance sheet after partnering with Grayscale, a subsidiary of the Digital Currency Group.
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In December, Time magazine named Dogecoin supporter Elon Musk the man of the year.
Earlier this week, the 98-year-old magazine published its first issue as NFT. Ethereum founder Vitalik Buterin graced the front cover. In an in-depth interview, Buterin outlined his main concerns about the crypto industry. He argues that crypto could turn into a dystopia orchestrated by bad actors.
For additional information, ApeCoin began to be traded on a number of the world's largest crypto exchanges such as Binance and Coinbase, as well as Crypto.com. On CoinMarketCap itself ApeCoin (APE) immediately became number one trending. Currently, APE is trading at IDR 144.987.
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