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Digital art project sells out $10M in NFTs in four days

Hashmasks, a brand new non-fungible token undertaking has raised over 7,600 ETH (about $10 million) from the sale of greater than 15,300 digital collectible playing cards.The proprietor of Hashmasks #1 has offered his card named after former United States President Donald Trump for about 97 Ether (ETH) which quantities to over $126,000 on the present Ether value.

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Digital art project sells out $10M in NFTs in four days

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  1. Digital art project sells out $10M in NFTs in four days Thanks to a card sale for 97 ETH, early adopters have been able to rake up more than 15,000 Hashmask NFTs (non-fungible tokens) in just four days. A news post on cointelegraph stated that Hashmasks has been able to raise more than $10 million. That was possible because a new non-fungible token project got funded 7,600 ETH because of a sale of close to 15,300 digital collectible cards. The card that is named after Donald Trump, the former United States President, was able to sell for 97 ETH. The owner of Hashmasks #1 amounted to $126,000 for the current price in Ethereum (ETH). Bitcointe offers you the latest news about Bitcoin, and news from cryptocurrency had this to tweet about a Digital art project selling out $10M in NFTs in just four days.

  2. The card, Hashmasks #1, was bought for just 0.1 ETH. This was based on the data collected from the project’s website. It merely means that the first collector has earned a colossal 97,000% profit using the initial investment. Isn’t that amazing? The things you can do with digital art. Each Hashmask costs 1.7 ETH, and there are only 730 pieces left for now. Users can purchase the remaining NFTs for 3 ETH and 100 ETH. The digital art project has been able to raise more than $10 million through selling 15,000 Hashmasks. A Hashmark card has 5 distinct features: skin tone, eye color, mask, character, and item. As of now, the owners can only name their NFTs or NCTs. They can reveal the cards on February 11th, 2021. Hashmasks is expanding rapidly in the NFT niche, as last month saw them sell a CryptoPunk card, which was a rare one, for 605 ETH. That was valued at $750,000. However, the most expensive among them was 900 ETH. At the moment, it is not sold. But, if they were sold, that could be a very expensive NFT. This data was based on the Hashmasks listing on the OpenSea NFT marketplace. The intense surge in NFTs brings many collectors and artists together in the digital art space, which is a good thing. It is not surprising that digital art is gaining immense popularity among users globally. But Tim Sweeney, Fortnite founder, has given a caution that the emerging market, for now, is still in a big mess and will need time to space out.

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