If you’ve walked by Columbus Circle in Manhattan this week, just south of Central Park on 57th Street, you may have noticed a mysterious billboard displaying individual words and phrases such as “electronic,” “a solution” and “are lost” with little explanation.
Crypto exchange Gemini has revealed itself to be behind the billboard, pulling the phrases from Satoshi Nakamoto’s Bitcoin White Paper in honor of its 13th anniversary on Saturday.
Gemini told CoinDesk that it has rented the billboard, which was previously home to the CNN logo, for a three-year period, the company’s longest-ever out-of-home ad buy.
The exchange, co-founded by Cameron and Tyler Winklevoss, has also turned each of the 105 phrases displayed on its new ad space into non-fungible tokens (NFTs), and is selling them in an auction through Gemini-owned Nifty Gateway that ends Saturday.
Gemini declined to provide the purchase price for the ad space though it comes as crypto exchanges ramp up their marketing efforts. Competing exchange FTX has spent lavishly on sports-related branding tie-ups with the NBA’s Miami Heat and Major League Baseball.
