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 whole. The public sale offered NFTs representing a painted sculpture comprised of hand-casted resin dubbed AKU: The Moon God.
The bodily AKU sculpture was additionally offered throughout the public sale, fetching $305,000. The sculpture will likely 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 Art Angels gallery in Miami, and might resell the sculpture at any time by transferring their token.
Talking to Cointelegraph, Johnson expressed his intention to exhibit how non-fungible tokens can create distinctive experiences and utilities that transcend the digital world.
AKU depicts a younger black youngster sporting 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 needed to provide him life, convey that to gentle, and let the opposite youngsters or different folks, adults, whoever felt like there was of their desires to have an emblem to the entire world might relate to.”
Johnson described AKU as a terrific private achievement, noting the tokenized artwork’s success as providing inspiration to folks from all walks of life:
“To convey 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 thought of doing, dreamed about doing, and they will go do it and perhaps simply change the world.”
The public sale obtained widespread assist from throughout the crypto neighborhood, together with Erikan Obotetukudo, the founding father of PaperTrail media:
— Erikan (@heyerikan) February 21, 2021
Inside 36 hours of the public sale’s completion, the tokens had generated almost $500,000 value of commerce on secondary markets.