TechFlow news, December 3 — Sequoia Capital has announced on Twitter that it is launching an experiment: auctioning its 2005 YouTube investment memo as an NFT from today through December 7. All proceeds will go to the public ecosystem fund of 0xPARC (the cryptography applications research initiative on Ethereum). The winning bidder will gain 100% ownership of the NFT. The current highest bid is reported to be 2.2 ETH.
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