advertisement

American YouTuber Logan Paul Sells Crypto-Backed Digital Art Worth $3.5 Million In 24 Hours

crypto-backed

American YouTuber Logan Paul has sold crypto-backed digital art worth $3.5 million in less than 24 hours. Paul’s non-fungible token (NFT) art was sold through the BONDSwap (BSWAP) market. The BONDSwap market performs over-the-counter transactions between blockchains using chat applications or social media platforms.

According to a The Daily Hodl report, Paul is entering a partnership with Bondly to create his line of Pokemon-inspired NFTs. 

A tweet highlighted the details of Paul’s NFT art sales:

“Logan Paul made $3,540,456 in 1 day. Dropped the 1st Logan Paul NFT yesterday. 3000 NFTs available. Price: 1 ETH per NFT. Sold 1772 NFTs so far. $1M in sales in first 30 min. 3 buyers will win 1st Edition Pokemon Pack (~40k).”

Non-fungible tokens have been making headlines recently. A new Ethereum project Hashmasks sold 16,000 NFTs in art for $9 million. In a few days, 70 artists successfully sold their work on the blockchain. 

With the ongoing NFTs mania, Ethereum co-founder Charles Hoskinson revealed that he would like rock legend Gene Simmons to do an NFT. In a recent video stream, Hoskinson said:

“I’d love to talk with his people at some point about non-fungible tokens given that he sells so many collectibles and themed stuff, and branded stuff.”

Image Credits: Pixabay

Get Latest Cryptocurrency And Bitcoin News

Signup this form below to get latest Cryptocurrency and Bitcoin news, directly in your mailbox

Note:

Keep in mind that we may receive commissions when you click our links and make purchases. However, this does not impact our reviews and comparisons. We try our best to keep things fair and balanced, in order to help you make the best choice for you.