Eugene software engineer Miguel Cervera has been a student of blockchain technology for years. “Many of the use cases for NFTs have not been discovered yet,” he says of the technology, which was developed in 2008. “There are a lot of ways we can benefit from it.”
So when
Eugene Weekly jumped on the blockchain bandwagon this spring and auctioned a unique digital image of its April 8 cover as an NFT, it naturally drew Cervera’s attention. The initial bid, from another local software engineer, was $50; Cervera bid it up in $100 increments until it reached $1,000 and won the
EW cover image when the auction closed April 23.
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