“The Legend of Cockpunch,”—an Ethereum venture co-created by in style creator and podcast host Tim Ferriss—is right this moment’s large 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” venture 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 right this moment.
All instructed, the first sale—which passed off by way of Premint’s new minting platform—yielded simply over $2 million, with all proceeds going to the creator’s personal Saisei Basis. The muse funds analysis into remedies associated to psychedelics, life extension, psychological well being, and extra.
DJs Steve Aoki and 3LAU Type CryptoPunks Supergroup
For the reason that sale, secondary market costs have surged, with the NFTs listed at 1.4 ETH ($1,725) on main market OpenSea. And so they’re promoting, too: OpenSea’s market-wide chart reveals about 2,700 ETH (over $3.3 million) value of secondary gross sales to this point, topping established initiatives 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 overall 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 venture. In a podcast interview with Kevin Rose, tech entrepreneur and co-founder of Web3 startup Proof, Ferriss mentioned that he has written a whole first season of a story podcast that can share the lore of the venture’s fictional fantasy world.
Moreover, NFT house owners can use their characters to create spinoff paintings and initiatives, because of a business rights grant. With different in style 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 12 months as a part of Grails, a promotion by which house owners of Rose’s Proof Collective NFTs can mint one in every of a number of limited-edition paintings items with out initially understanding the creators of every. Simply 60 members minted the creator’s NFT, titled “How you can Begin a Struggle”—his first piece of revealed fiction.