DW Auctioning Off NFT Video to Support Freedom of Press

DeutscheWelle (DW), Germany’s most popular international broadcaster and independent media platform, has minted its first NFT in the form of a video. However, this isn’t just an experimental attempt to make some quick cash off the NFT trend, but an effort to support freedom of the press.

Dubbed ‘PressFreedomX30,’ the proceeds from the NFT auction will go to Reporters Without Borders (RWB), a nongovernmental organization documenting violations of press freedom globally and supporting persecuted journalists. DW is dedicated to producing independent journalistic content in more than 30 languages and giving people worldwide the opportunity to form their own opinions.

The NFT video was produced by DW and displays “freedom of the press” written in 30 languages. It is meant to raise awareness around press freedom, which is in great jeopardy in many parts of the world. At the moment, there are 339 journalists around the globe behind bars, along with some 100 bloggers, citizen journalists and media employees, according to RWB.

The auction will take place on Foundation, starting on November 16 at 17:00 CET and will end 24 hours after the first bid. DW has stated that it plans to release future articles and research on the world of NFTs, and their first sale is an exciting experience which they hope will provide them with insights into NFTs, just like the first sale on eBay back in 1995 or a test drive in the first Tesla car in 2008.

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