Time’s NFT Launch Sends Gas Fees Spiraling – CoinDesk

Time’s NFT Launch Sends Gas Fees Spiraling – CoinDesk

Grossman has become increasingly embedded in crypto over the past year; Time began accepting crypto payments for subscriptions this past spring, and released a set of digital magazine covers as NFTs. Time also has bitcoin on its balance sheet, thanks to a deal with the crypto investment firm Grayscale, which is owned by Digital Currency Group, CoinDesk’s parent company.