THELOGICALINDIAN - FEWOCiOUS awash 30198 Paint units
The “Paint Drop” NFTs will alleviate rewards in the 19-year-old artist’s accessible FewoWorld project.
FEWOCiOUS Closes Paint Sale
FEWOCiOUS has aloft $19 actor via his latest NFT drop.
The 19-year-old artisan opened his Paint auction over the weekend, introducing the new accumulating as “the architecture block” of his new abundant art project, FewoWorld. Collectors could acquirement Paint units that will be exchanged for “Paint Drop” NFTs apery the cardinal of units they bought. The Nifty Gateway listing for the auction explained how affairs added units would alleviate added rewards in FewoWorld, with the top 50 buyers acceptable for their own bays NFT and custom allotment created by FEWOCiOUS. The auction opened alone to FEWOCiOUS NFT holders Sunday afore a accessible auction commenced, priced at either $500 per assemblage for holders or $1,000 per assemblage in the accessible sale. It bankrupt Monday with 30,198 units sold, equating to about $19 actor in takings.
Though abounding capacity of what FewoWorld will entail are deficient so far, FEWOCiOUS says that the activity is “unlike annihilation he has created before.” He’s additionally promised that Paint Drop NFTs will alleviate rewards such as “Canvas” and “Fewos.” FEWOCiOUS generally refers to his pieces of art as Fewos.
Several NFT “whales”—wealthy agenda art collectors with ample endless of Ethereum to invest—bought hundreds of Paint units in the drop. Mateen Soudagar, contrarily accepted as DCLBlogger, bought 515 Paint at a amount of about $260,000. In a cheep storm, he explained that he thinks the amount for the different NFTs the top buyers will accept could be “pretty huge” and that he thinks FEWOCiOUS’ bequest and beneficiary abject could abound in the future.
FEWOCiOUS is one of abounding crypto-native artists who rose to bulge in aboriginal 2021 as NFTs started to access boilerplate consciousness. His agenda sneaker accord with RTFKT, which included a concrete brace of sneakers, aloft $3.1 actor in March. He went on to advertise works at Christie’s and Sotheby’s as his contour grew. FEWOCiOUS is accepted for his colorful, activated style, at times abandoning Basquiat. As a transgender artist, his assignment generally draws from his claimed activity experiences. In aloof over a year, he’s become one of the arch choir of the NFT movement alongside the brand of Beeple and XCOPY.
Disclosure: At the time of writing, the columnist of this allotment endemic ETH and several added cryptocurrencies.
