Micah Johnson, a former MLB player-turned artist, offered a whopping $1 million value of tokenized artwork in only one minute on the Winklevoss-own
Micah Johnson, a former MLB player-turned artist, offered a whopping $1 million value of tokenized artwork in only one minute on the Winklevoss-owned NFT market Nifty Gateway.
The public sale, which launched on Feb. 21 and lasted for 28 hours, generated $2 million value of gross sales in complete. The public sale offered NFTs representing a painted sculpture made out of hand-casted resin dubbed AKU: The Moon God.
The bodily AKU sculpture was additionally offered through the public sale, fetching $305,000. The sculpture will probably be deposited right into a vault and is topic to a two-year lockup.
The purchaser additionally receives unique entry to view the sculpture — which is saved in a bodily vault on the Artwork Angels gallery in Miami, and might resell the sculpture at any time by transferring their token.
Chatting with Cointelegraph, Johnson expressed his intention to show how non-fungible tokens can create distinctive experiences and utilities that transcend the digital world.
AKU depicts a younger black little one carrying an outsized area helmet and searching as much as the sky. Johnson recounts discovering inspiration for AKU from a heartbreaking query his sister was requested of her son, “Mother, can astronauts be black?”
In response, Johnson started portray his nephew as an astronaut, which ultimately result in the creation of AKU — a personality that Johnson describes as having limitless potential:
“I wished to present him life, deliver that to gentle, and let the opposite youngsters or different individuals, adults, whoever felt like there was of their goals to have an emblem to the entire world may relate to.”
Johnson described AKU as an ideal private achievement, noting the tokenized paintings’s success as providing inspiration to individuals from all walks of life:
“To deliver collectively such a various group of individuals. And allow them to see or be impressed by AKU, you by no means understand how many individuals who collected that AKU, or promote that AKU, lastly discovered the braveness to go do one thing that they’ve considered doing, dreamed about doing, and they are going to go do it and possibly simply change the world.”
The public sale acquired widespread assist from throughout the crypto group, together with Erikan Obotetukudo, the founding father of PaperTrail media:
We did it!!! $1.4M in 7 minutes!! @Micah_Johnson3 https://t.co/pbr9jIdzGu
— Erikan (@heyerikan) February 21, 2021
Inside 36 hours of the public sale’s completion, the tokens had generated practically $500,000 value of commerce on secondary markets.