This issue is the first-ever fully decentralized magazine issue available as an NFT on the blockchain. The NFT issue features TIME’s cover story, The Prince of Crypto Has Concerns, on Vitalik Buterin’s fight for the future of Ethereum by Andrew Chow, editor of TIME’s Into the Metaverse newsletter.

The issue was created in partnership with the LITDAO. LIT is a web3 cultural currency and NFT project that conceived and created the first fully decentralized book earlier this year. TIMEPieces airdropped the NFT issue to select TIMEPiece and LIT community wallet holders, which was made possible with the support of Circle. Transient Labs served as the project’s technical partner.

The magazine will live on the blockchain but is hosted through a decentralized protocol allowing holders to read the magazine in its entirety through an interactive NFT.

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Your use of the TIMEPiece NFT is subject to the License available at https://time.com/privacy/timepieces_license_agreement.html. For clarity, this limited license does not give you the right to modify the Artwork (including, as applicable, any digital TIME issue) in any way or to use the Artwork separately from the associated TIMEPiece NFT.