The Associated Press is launching an NFT marketplace for photography

ICYMI: The Associated Press is launching an NFT marketplace for photography

The Associated Press, the leading global news wire service, is looking to non-fungible tokens to monetize its photojournalism.from the AP, the NFT marketplace will go live on January 31. Blockchain-as-a-service firm Xooa has built out the marketplace, minting the NFTs on Polygon , an Ethereum-tied network that the AP identifies as"environmentally friendly."

"As a not-for-profit news cooperative, proceeds go back into funding factual, unbiased AP journalism," the announcement says, optimistic that collectors will be drawn to NFTs of both the photography and unique metadata on the origins of the shots up for sale.The Associated Press has demonstrated an interest in blockchain in the past. In October, it announced

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