You are using an older browser version. Please use a supported version for the best MSN experience.

We're auctioning off stock history as NFTs to participate in the future of finance

Business Insider logo Business Insider 8/2/2021 (Seth Archer)
a person riding a horse in front of a building: Fearless girl stands up to the old way of investing just as Markets Insider explores the future. AP Photo/Mary Altaffer © Provided by Business Insider Fearless girl stands up to the old way of investing just as Markets Insider explores the future. AP Photo/Mary Altaffer

Investing has changed a lot in the past year, and Markets Insider has tracked every twist and turn. We are so far past calling a stockbroker on a telephone and shouting orders on the NYSE floor that even bringing them up as examples can date you.

Markets Insider likes to consider itself part of that evolution. We were born only four and a half years ago, and have found success covering the markets for a digital-native generation of traders. Our written coverage constantly shifts to focus on what you tell us you want to read, and our data pages respect the time it takes to research stocks by putting the most important information at the top.

We've loved covering and observing the shifting financial markets from the sidelines, and now we think it's time to jump in with our audience. We want to allow you, and all the other people who use Markets Insider on a regular basis, to OWN a piece of this generational shift in trading.

Starting next week, we will be auctioning off seminal moments of this shifting stock history on Open Sea, allowing you to bid on the future of trading.

Reddit traders short squeezing the hedge-fund establishment with Gamestop, AMC's silverback CEO leaning into shareholders as fans, and the SEC keeping traders out of a good bet on Hertz all come to mind as seminal moments in stock history that will shape trading and regulation for years. That's why we've picked these three moments as our first round of auctions.

Each of these moments will be sold as individual NFTs. The NFT will include a historical record of the moment and an explanation of why it matters. We also commissioned three new pieces of art from our world-class graphics team to accompany the auctions. By winning the auction, you'll be able to brag about owning a seminal trading moment on the fastest growing and most digitally savvy markets site on the web.

These NFTs will not only allow us to interact with you, our audience, but it also lets us participate in the revolution. Quite frankly, we want to live into this new reality and know what it's like to have cryptocurrency on our company's balance sheet.

Some Details on the Auctions

The three moments we are auctioning is live on Open Sea starting today (Monday August 2nd), and you will be able to bid on each of the moments - Gamestop, AMC and Hertz - individually until August 14th.

We also hosted an AMA on Reddit to answer any questions you may have about the NFT process and how we decided on these historical moments.

We've loved chronicling the rapid changes taking place in the investing industry, and we are even more excited to be more involved in its future. This is just one small step in that direction. And one that we hope to take with you.

Read the original article on Business Insider

More from Business Insider

Business Insider
Business Insider
image beaconimage beaconimage beacon