According to data from NFT market analyst NonFungible, NFT gross sales have almost tripled in worth since Q3 2021, rising from a 7-day common of $16.Eight million price of gross sales, to only over $44.three million.
The astronomical determine follows a surge in exercise in the area that noticed gross sales peak at $176 million per day earlier this 12 months. World-renowned public sale homes, Sotheby’s and Christie’s obtained in on the motion, with the latter internet hosting the now-infamous Beeple Collection sale, elevating a document $69 million.
Several of the most important gamers in the NFT area, together with Cryptopunks and Bored Ape Yacht Club, proceed to see spectacular gross sales, with Cryptopunks alone promoting slightly below $15 million price of NFTs on common over the previous 7 days. Despite the market saturation, a brand new child on the NFT block, Wicked Craniums is storming into the market, curating a devoted fanbase. But what are Wicked Craniums and why are they so fashionable?
Wicked Craniums: The New Kid on the Block
Wicked Craniums are an NFT artwork assortment hosted on OpenSea. Each piece is a skeleton-themed caricature that represents considered one of 10,762 “Craniums” belonging to a fictional island referred to as Osseous. There are over 180 differentiable options that make every Cranium distinctive and extremely collectible.
— LiveLoveLife (@Naughtybrites) July 15, 2021
Priced at 0.06 ETH (~$113.70 at current market rates), every Cranium affords its homeowners a number of options, together with entry to a members-only social platform referred to as The Cradle, in which Craniums can share introductions, social media handles, and pictures. There are additionally numerous members-only initiatives that kick off as extra Craniums are bought and every proprietor additionally has full business and use rights for every Cranium.
NFTs Roar, Wicked Cranium Sales Soar
The distinctive theme and mixture of options has remodeled Wicked Craniums into one of many best-performing NFT initiatives. Despite being capped at 645.72 ETH, inside 48 hours of their launch, all Craniums had bought out, and been re-sold, elevating 4,311 ETH (~$8.2 million).
The costliest Cranium bought, inconspicuously named Wicked Cranium #1875, raised $38,000 (19 ETH) alone, and is now being re-sold on NFT market, OpenSea, for virtually $200,000 (100 ETH). The Cranium itself is exclusive in its character, depicting a yellow-eyed, inexperienced skeleton whose joints are weakly held collectively. Atop its head sits a crown harking back to that worn by The Queen at Britain’s State Opening of Parliament.
Many extra equally extravagant Craniums are for sale on OpenSea, together with an much more regal skeleton (Wicked Cranium #3622) and a skeleton depicting a member of the clergy crossed with a love-struck sailor. (Wicked Cranium #2664).
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These excessive resale costs recommend that Wicked Craniums has created one thing that’s undoubtedly desired by an enormous amount of NFT collectors. The attraction has even reached into the celeb realm, with lead singer of heavy steel group Avenged Sevenfold, M Shadows, buying and selling his signature “The Dark Knight” guitar for a Cranium named Synyster Gates.
I ended up accepting probably the most insane NFT for bodily commerce of my profession.
I traded him the saint for his darkish knight signature guitar and a few ETH🤯 pic.twitter.com/9axAiqusAa
— DeeZe (@DeezeFi) July 9, 2021
These milestones recommend a terrific future for the franchise and inevitably extra record-breaking gross sales. For now, Wicked Cranium homeowners may be assured in their artwork collectibles as digital artwork primarily based NFTs change into extra extensively adopted by the general on-line neighborhood.