TIME Searching for CFO Comfy with Bitcoin

American new periodical TIME journal is in search of a Chief Monetary Officer (CFO), who’s open to Bitcoin and cryptocurrencies, in keeping with a job itemizing posted on LinkedIn.

“The media trade is present process a speedy evolution, and TIME is searching for a Chief Monetary Officer who may help information its transformation,” the function description begins. Obligations embody monetary reporting in addition to managing the corporate’s money, investments, and price range. 

Nevertheless, the corporate is clearly searching for somebody with extra progressive views of easy methods to strategy these wants. Amongst {qualifications} similar to 7+ years of government expertise, and  understanding superior accounting, regulatory points, and tax planning, the itemizing consists of consolation with Bitcoin and cryptocurrencies.” This portends that TIME could also be among the many subsequent group of main manufacturers to undertake cryptocurrency investments.


This hypothesis has solely been inspired by TIME coming into the crypto sphere in one other method. Moreover, on March 22, the journal introduced it will be releasing three iconic covers as non-fungible tokens (NFTs). Impressed by the unique 1966 cowl ‘Is God Useless?’, the following asks ‘Is Reality Useless?’, about Donald Trump’s tenure, and most just lately ‘Is Fiat Useless?’ 

The primary two covers triggered full of life debate once they have been first launched, as is probably going the intention for the latest cowl. Regardless of not being almost as acquainted to the widespread reader as God or Reality, fiat currencies are presently going through an identical disaster that TIME’s editors need to tackle.

“I really like the concept its which means isn’t clear to the informal viewer – very similar to the loopy, profitable world of NFTs,” says TIME Artistic Director D.W. Pine.

The NFTs can be found individually or as a set on cryptocurrency market SuperRare. The public sale is presently open and can run till March 24.

In 2018, Salesforce CEO Marc Benioff purchased TIME. His technological background and entrepreneurial perspective are probably answerable for its present strategy to cryptocurrencies and NFTs.

This month, the Related Press (AP) information group bought the primary NFT of its personal. The digital paintings commemorated the AP calling a US election on the blockchain for the primary time. Many extra information businesses will probably proceed to commemorate social and cultural landmarks via NFTs.


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