Nobel-prize-winning data is focus of Berkeley NFT contest

Berkeley alumni were the winning bidders for Nobel-Prize-winning work on groundbreaking cancer treatments, based on research by a fellow Berkeley lecturer. — Bloomberg

A group of University of California at Berkeley alumni exploring the use of blockchain technology to promote research were the winning bidders in a first-of-its kind auction of digital data related to Nobel-Prize-winning work on groundbreaking cancer treatments.

Some 30 graduates, many from the university’s Blockchain at Berkeley, formed a venture capital-like group known as a decentralised autonomous organisation, and outbid three anonymous bidders. Last-minute bidding drove the price up to 22 ethereum, equal to a little more than $55,000 (RM226,737), for the non-fungible token of the digitised documents.