NFT
“The Legend of Cockpunch,”—an Ethereum mission co-created by standard creator and podcast host Tim Ferriss—is in the present day’s massive NFT market winner, parlaying a sold-out mint into secondary market demand that has pushed the gathering to the highest of the gross sales charts.
“Cockpunch” is billed as an “emergent lengthy fiction” mission from Ferriss, the creator of “The 4-Hour Workweek” and different bestsellers, and it spans 5,555 pictures depicting anthropomorphized rooster characters, every with numerous traits and weapons. Every NFT was priced at 0.3 ETH (about $370) on the time of mint earlier in the present day.
All advised, the first sale—which came about through Premint’s new minting platform—yielded simply over $2 million, with all proceeds going to the creator’s personal Saisei Basis. The inspiration funds analysis into remedies associated to psychedelics, life extension, psychological well being, and extra.
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Because the sale, secondary market costs have surged, with the NFTs listed at 1.4 ETH ($1,725) on main market OpenSea. They usually’re promoting, too: OpenSea’s market-wide chart exhibits about 2,700 ETH (over $3.3 million) price of secondary gross sales so far, topping established tasks like CryptoPunks and Azuki over the past 24 hours.
The 🐓 cometh! The mint for @cockpunch opens in 24 minutes!
10 a.m. PT: Allowlist
11 a.m. PT: Waitlist
Midday PT: Open to the final publichttps://t.co/D4Ja3i8BQT pic.twitter.com/pLqJcCKnCN— CØCKPUNCH ™ (@cockpunch) December 7, 2022
The PFPs are billed as merely the beginning of Ferriss’ plans for the mission. In a podcast interview with Kevin Rose, tech entrepreneur and co-founder of Web3 startup Proof, Ferriss mentioned that he has written a complete first season of a story podcast that can share the lore of the mission’s fictional fantasy world.
Moreover, NFT house owners can use their characters to create spinoff art work and tasks, because of a industrial rights grant. With different standard collections just like the Bored Ape Yacht Membership and CryptoPunks, holders have tapped their NFTs for issues like digital bands and supergroups, attire, themed eating places, drinks, and different merchandise.
Ferriss launched his first-ever NFT earlier this yr as a part of Grails, a promotion wherein house owners of Rose’s Proof Collective NFTs can mint one in all a number of limited-edition art work items with out initially realizing the creators of every. Simply 60 members minted the creator’s NFT, titled “The right way to Begin a Warfare”—his first piece of printed fiction.