Time magazine named Ethereum co-founder Vitalik Buterin as one of this year’s most influential people, along with musicians, world leaders, activists and more.
Appearing in Time’s list of innovators for 2021, Buterin is named alongside Nvidia CEO Jensen Huang, Tesla CEO and Dogecoin (DOGE) promoter Elon Musk, and others. In his profile on Ethereum co-founder, Reddit co-founder Alexis Ohanian cited Buterin’s role in building the Ethereum network to a market cap of over $ 400 billion and encouraging development. decentralized applications and non-fungible tokens, or NFTs.
“No one could have imagined all the uses of Ethereum, but it took a person’s idea to launch it,” Ohanian said. “From there, a new world opened up and spawned new ways to harness blockchain technology. “
The longtime magazine has apparently become more open to both reporting on the crypto space and accepting it into its own business. In March, Time announced that it was looking for a CFO who was “comfortable with Bitcoin and cryptocurrencies” and auctioned three NFTs inspired by some of its magazine covers.
The following month, the magazine incorporated cryptocurrencies further into its business by announcing that it would accept crypto payments for digital subscriptions. Additionally, in a partnership with fund manager Grayscale, Time said it will keep Bitcoin (BTC) – received as payment from a series of educational videos – on its balance sheets.
“The time is not even on the first round of what we want to do with crypto,” President Keith Grossman said in an interview on September 13.
Related: Time Magazine Names Two Crypto Firms to Top 100 Most Influential Companies List
First published in 1923, the magazine is an institution in the United States, showcasing influential people and companies. Time reports that it has 20 million weekly subscribers across the world.