News Agency AP Announces Their NFT Marketplace; See What Would Be Listed

Published by
News Agency AP Announces Their NFT Marketplace; See What Would Be Listed

The Associated Press (AP), a global news agency, has announced the launch of its own non-fungible token (NFT) marketplace. Blockchain technology provider Xooa would build this. The NFTs are being made available for collectors to purchase the news agency’s award-winning contemporary and historic photojournalism.

The Associated Press is one of the biggest news agencies globally, with its operations spanning over 175 years. It has a rich collection of photos and records spanning history.

Advertisement

When will it be released?

In a release, The AP noted that the NFT would be released on 31st January and would be distributed over several weeks with various subjects from spotlights on the work of specific AP photographers.

Advertisement

What will it feature?

The first set of NFTs will range from space, climate, war, and other things. It will feature photographs by current and former AP photojournalists and a selection of digitally enhanced depictions of their work. Pulitzer Prize, the prestigious journalistic award, winning photos would also be included in the NFT.

Every NFT will have metadata with the photograph’s time, location, date, equipment, and technical settings. The prices of these NFTs will vary, and with the AP being a Non-Profit news cooperative, every penny earned from the sale of NFTs would go towards funding its journalism, the company announced.

Advertisement

Would be minted on Polygon Blockchain

While Xooa will assist in launching AP’s NFT, it would be minted on Polygon Blockchain. It’s environmentally friendly and has a low fee with a fast transaction process. Buyers would buy NFTs either by using their credit cards or Ethereum. MetaMask (a software cryptocurrency wallet used to interact with ethereum) will be the first wallet supported, but there are plans to add support for others, says the AP.

AP- Not the first media house to release an NFT

The NFT is increasing its popularity among the people and enterprises as an interesting way of raising money. The AP is not the first media enterprise to release its NFT. Before AP, Quartz and The New York Times had sold copies of their articles as NFTs. Getty Images’ CEO Craig Peters too showed interest in NFTs last December.

But looking at the scale and rich history of the organization, the AP’s NFT might be the largest effort from a news enterprise.

Share
Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • 24/7 Cryptocurrency News

September 50 BPS Fed Rate Cut Odds Climb Ahead of CPI, PPI Data

Traders are beginning to price in the possibility of a 50 basis points (bps) Fed…

September 6, 2025
  • 24/7 Cryptocurrency News

Michael Saylor Spotlights Strategy’s Performance Following S&P 500 Snub

Michael Saylor highlighted Strategy’s outperformance after the company was excluded from the S&P 500. The…

September 6, 2025
  • 24/7 Cryptocurrency News

Donald Trump Shortlists Hassett, Warsh, and Waller for Fed Chair

U.S. President Donald Trump has revealed his shortlist of candidates who could potentially replace Fed…

September 6, 2025
  • 24/7 Cryptocurrency News

Ethena Labs Secures Fresh Funding From ArkStream Capital, ENA Price Spikes

Ethena Labs has secured fresh funding from ArkStream Capital as it expands its ecosystem in…

September 6, 2025
  • 24/7 Cryptocurrency News

SEC Forms International Task Force to Crack Down on Pump-and-Dump Schemes

The U.S. Securities and Exchange Commission has launched a task force designed to tackle cross-border…

September 6, 2025
  • 24/7 Cryptocurrency News

Justin Sun Pledges $20M Buy Following WLFI Wallet Freeze

Justin Sun responded to World Liberty Financial freezing his wallet by promising to purchase $20…

September 6, 2025