Sara Fischer | Axios
Independent journalist and author Kyle Chayka has funded two months of his daily entertainment and culture newsletter “Dirt” using only NFTs (non-fungible tokens).
Why it matters: “It’s a proof of concept that NFTs alone could fund a small media company,” says Chayka. He made $33,000 in one week selling 131 NFTs. He made over $20,000 in the first 24 hours.