Crypto Artist XCOPY Raises Millions Of Dollars After Releasing An Open Edition Art

Popular crypto artist, XCOPY sells huge, as his new digital art collection named, MAX PAIN sells in just a few minutes of time.

The NFT market scores once more, as digital crypto artist, XCOPY from London has managed to accumulate double digit millions, selling more than 7,000 NFT copies from his recently launched ‘MAX PAIN AND FRENS’ NFT collection.

NFT Drop

Reports highlight that most of the funds gathered from this sale originated from the minting of the ‘MAX PAIN’ NFT which was available openly, however there were also a set of classified auctions that generated funds on a much higher level, selling much more rare and limited pieces of digital art. The MAX PAIN piece might not seem much to have much value, but many of the minters have already reported significant returns on their investments.

There were two classified auctions held for the rare NFTs that included pieces such as, the “WASTER”, which had a limited number of just six pieces, ready to be claimed by the top bidders, valued between a range of $91,000 to more than a $100,000. Similarly, another rare price named as “DAMAGER LUXE” was also sold using the same auction system, with the top bidder maxing out at around $80,000.

NFT holders having five or more NFTs compatible on Nifty Gateway were also given a chance to enter a raffle, giving them the opportunity to buy a single out of the 24 art pieces from the “GOURMET SPICY” collection for just one dollar.

Sales Numbers

As for the sales, around 7,394 pieces of NFTs were minted and sold, each with a price tag of $3,108, accumulating a total of more than $24Million, from which around $23Million came from the openly available ‘MAX PAIN’ art.

Unlimited Minting

The NFT collection was available for purchase via Nifty Gateway and users were given a time frame of around 10 minutes to mind as much as possible, because there was no limit on the number of NFTs to mint. As of now, the price recorded on OpenSea is around 1.125 Ethereum, which is about $3,559 per piece. Many analysts are predicting that the prices will go even further up, if performance stays persistent.

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