XCOPY sold NFTs for almost $ 23 million
Crypto-artist (yes, it really exists) XCOPY sold its collection of NFTs within 10 minutes for almost $ 23 million.
XCOPY is one of those artists who rode the NFT wave in time, and who is now bathed in milk and honey, as his works have become one of the most desired among NFT collectors.
Although so far his works have been sold as one copy, this time the auction is open for ten minutes, and anyone who wanted - could buy a copy of the MAX PAIN painting.
10 minutes after opening sales, XCOPY has become richer by almost $ 23 million, although it has already collected that much more for individual sales in the past few months. At the end of September 2021, the famous rapper Snoop Dog paid $ 3.9 million for one of the most famous XCOPY pictures.
Max Pain is an NFT image of an animated skull with distinctive neon color and glittering elements, and each of the 7,394 images cost exactly 1 ETH, which is a little over $ 23 million at today's exchange rate.
XCOPY itself was surprised by such great interest in his works, which he posted on Twitter.
NFT concept
In case you forgot, NFT is an acronym for Non-Fungible Token. An irreplaceable token means that it is unique and cannot be replaced by someone else, unlike cryptocurrencies, which are interchangeable tokens. For example, when you exchange one Bitcoin or Ethereum for another, you will still have one Bitcoin / Ethereum. When you replace one NFT with another, you will have a completely different thing.
Max Pain and Frens
Max Pain and France, on the other hand, is an entire collection of NFTs, so XCOPY is expected to have enough money soon to buy a small island nation in the Pacific and spend the rest of its life under a palm tree drinking coconut milk.
The nonsense of NFTs is that by buying them you don't get anything physical, but it is written in the blockchain that you own certain digital things, and that's it.
You have no right to forbid anyone else from taking over what is "your property" in digital form, or even to print it. All you have is your name as the owner and your money in the account of the person who sold you NFT.
Joke aside XCOPY has become popular with its works that ridicule and criticize the entire NFT culture. So one of his most famous works is called Right Click and Save As Guy, which sold for $ 7.1 million and you can literally right-click and save it on your computer, as you can. and with every other NFT.
The whole nonsense of NFTs and their popularity can be explained in one sentence: in 2021, the NFT market generated over 25 billion dollars in turnover.
