Chaotic TIME Magazine NFT Launch Sends Gas Fees Spiraling

Yesterday afternoon, TIME Magazine announced a new collection of non-fungible tokens (NFTs) offering “unlimited access” to its website through 2023. Dubbed “TIMEPieces,” the collection consists of 4,676 tokens tied to digital artworks, each priced at .1 ETH, or around $310. When the sale opened to the public earlier today, all 4,676 were gone in minutes. … Read moreChaotic TIME Magazine NFT Launch Sends Gas Fees Spiraling