Open Edition Sale Nets 1400 ETH

Open Edition Sale Nets 1400 ETH
In this post

"BRRRRRR," an open edition artwork by NessGraphics.eth raised 1404 ETH in a timed open edition drop yesterday on, selling 20,357 editions at a mint price of 0.069 ETH.

โ— Why it Matters

Open Editions are all the rage right now, and Ness' drop raised more ETH than popular PFP projects like Bored Ape Yacht Club and Doodles netted in their original drops (h/t NFTstatistics.eth). Will this mark a local top for open editions or is there more to come?

๐Ÿ” The Deets

  • As with other recent open editions, "BRRRRRRR" will have a burn mechanism where collectors can burn the "poster" version in exchange for an animated scene.
  • The first burn will require five tokens.
  • Ness mentioned there are "a bunch more burns planned" as well.
  • Prior to entering web3, Ness had created art for popular artists like Lil Nas X, Megan Thee Stallion and Travis Scott.

๐ŸŽค Community Quotes

Ness's OE did around 1,404 ETH of volume on primary in contrast, the highest volume collection today has had around 944 ETH in volume (Doodles) degens like the artDeeZe

A $20 open edition (which ends up limited but high count in the end) is the same cost as buying a poster on Anazon. If you buy on primary or secondary with same expectations as a poster, it is fine.punk6529



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