Tyler Hobbs' QQL Mint Pass Sells Out at 14 ETH
Tyler Hobbs' QQL Mint Pass has completed its mint in just 30 minutes with the final pieces selling for 14 ETH.
The collection of 900 Mint Passes started its Dutch auction at 50 ETH, quickly decreasing over the course of the next 30 minutes until the 14 ETH sellout price.
Despite many minters paying more than 14 ETH during the auction, the mechanics of the mint provide a rebate to reward early minters. Those who minted above 14 ETH will have the opportunity to claim a rebate at any time via smart contract.
Hobbs, the famed artist behind Fidenza, recently announced that minters of the Mint Pass will receive a two percent royalty on the pieces they create via QQL.
More info on QQL can be found in our initial reporting.