TIME Magazine, one of the most authoritative and informative guide to world issues, will start accepting crypto payments for its 18-month digital subscriptions starting in July 2021.
The digital subscription service is powered by Crypto.com, a leading digital currency platform, and will come with a 10% cash back on the purchase.
The digital subscription is valued at $49.
The subscription service is currently available in the United States and Canada, and will roll out globally from July 2021.
Speaking about the partnership and the new payment method, Keith Grossman, President, TIME Magazine, said:
“This is the next phase in Time’s continued digital transformation and is the latest example of how Time is embracing new technologies in order to build innovative products and offerings for all members of our community.”
– President, TIME Magazine
The announcement comes just a few weeks after the magazine auctioned 3 NFTs covers both individually and as a collection on SuperRate, the popular digital art trading NFT platform.
About TIME Magazine
Since its founding in 1923, TIME Magazine has been one of the most authoritative and informative guide to what is happening in current affairs, politics, business, health, science and entertainment. Every week over 20 million subscribers worldwide turn to Time for award winning exclusive coverage.
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