- The first NFT watch sold for $100,000.
- A fart jar NFT sold for 0.6 ETH.
- Twitter CEO Jack Dorsey’s first tweet sold for $2.9 million.
When NFTs were nothing more than JPEGs running on hype earlier this year, people came up with all sorts of weird ideas for NFTs to cash in on the mania. Some of them did well, and others made a loss from splurging on a weird NFT. What are some of the odd NFTs that people bought and how are they doing? Read on to find out!
Before Yuga Labs and its Bored Apes became an empire in the NFT space, the fact that digital art of apes backed by NFT got so popular could seem weird to some people. Released in April 2021 by its parent company, Yuga Labs, Bored Ape Yacht Club is the second most popular NFTs by total volume on OpenSea, with sales of the NFT collecting totalling over $1 billion. As of this year, Yuga Labs is valued at $4 billion. On Nov 23, Bored Ape #232 sold for 800 ETH ($927,000) even amidst the bear market and the downward trend of the collection’s prices.
The first NFT watch
In April, luxury jewelry and watchmaking brand, Jacob & Co. released the first-ever NFT watch, which was auctioned off for $100,000. The buyer of the NFT watch is unknown. Why would anyone splash out on an NFT animation of a watch that doesn’t tell the time when they could spend the same amount on a physical watch? Apparently, there is a market for High-End Digital Assets (HELDAs) in the NFT space, according to Jacob & Co. Since then, luxury fashion brands have also launched NFT collections, which perhaps proves the watchmaking company right.
Created by watch geek and crypto enthusiast Jesus Calderon, the Rødex NFT watches are made for fans of Rolex. Currently available as part of his Generative Watches NFT collection, the Rødex Daitona and Rødex Bitmariner are inspired by the Rolex Daytona and Submariner. The priciest piece in the Rødex collection was Rødex Daitona #0057, which sold for 1 ETH a year ago, but the entire Generative Watch collection only has a total volume of 34 ETH.
The NFT image of former Twitter CEO Jack Dorsey’s first tweet sold for an eye-popping $2.9 million last year. It was bought by crypto entrepreneur Sina Estavi, who listed it for sale in April for $48 million. Sadly, the auction received only seven total offers ranging from 0.09 ETH to 0.0019 ETH.
In January, former reality TV star, Stephanie Matto, of 90 Day Fiancé fame went from selling physical jars of her farts to NFT art of fart jars, created in collaboration with Darren Lamb of Full House NFT Studio. Lamb approached Matto last fall to discuss the possibility of creating an NFT collection together and that weird fart jar collection was born.
Matto made headlines for her physical fart jars which reportedly generated an income of £38,000 a week, but said she couldn’t “be a fart jar girl forever” and saw the collaboration as a way to break into the NFT world. Unfortunately, the Fart Jars NFT collection didn’t do as well as the physical ones. The most expensive piece was sold for 0.6 ETH in May, but the entire collection only has a total volume of 6 ETH and a floor price of 0.01 ETH, according to OpenSea.
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