In short
- Podcast host and author Tim Ferriss created The Legend of Cockpunch, a NFT-driven fiction project.
- Secondary sales have surpassed $3.3 million in ETH since the initial mint was sold.
“The Legend of Cockpunch,”—an Ethereum project co-created by popular author and podcast host Tim Ferriss—is today’s big NFT Market winner: The collection has been able to turn a sold-out mint into secondary demand, which has helped push it to the top of sales charts.
“Cockpunch” is billed as an “emergent long fiction” project from Ferriss, the author of “The 4-Hour Workweek” and other bestsellers, and it spans 5,555 images depicting anthropomorphized rooster characters, each with various traits and weapons. Each NFT was sold at 0.3 ETH (or about $370) at the time it was mint.
All told, the primary sale—which took place via Premint’s new minting platform—yielded just over $2 million, with all proceeds going to the author’s own Saisei Foundation. The foundation supports research in psychedelics, life extension, and mental health.
Secondary market prices have increased since the sale. NFTs are now listed at 1.4ETH ($1,725) on OpenSea, the largest marketplace. And they’re selling, too: OpenSea’s market-wide chart Secondary sales of approximately 2,700 ETH (more than $3.3 Million) have been recorded, which is more than any other projects. CryptoPunks Azuki In the last 24 hours.
The PFPs are billed as merely the start of Ferriss’ plans for the project. In a podcast interview with Kevin RoseCo-founder and tech entrepreneur of Web3 Startup Proof, Ferriss said that he has written an entire first season of a narrative podcast that will share the lore of the project’s fictional fantasy world.
NFT owners also have the option to use their characters in derivative artworks and projects thanks to a grant of commercial rights. You can also find other popular collections such as the Bored Ape Yacht Club CryptoPunks and holders of NFTs have used their NFTs to do things like Virtual bands Supergroups, apparel, themed restaurants, Get drinks Other products.
Ferriss released his first-ever NFT earlier this year as part of Grails, a promotion in which owners of Rose’s Proof Collective NFTs can mint one of several limited-edition artwork pieces without initially knowing the creators of each. Just 60 members minted the author’s NFT, titled “How to Start a War”—his first piece of published fiction.