• In Ethereum, an early XCOPY NFT sells for $6 million

  • “A Coin For the Ferryman” by XCOPY has sold for $6 million in Ethereum. The one-of-a-kind coin was created by the crypto artist in 2018.

    XCOPY Artwork Sets a New Record

    High-value NFT sales are brisk.

    An early NFT by renowned crypto artist XCOPY sold on SuperRare Thursday evening for 1,330 ETH, or approximately $6.03 million at today’s prices. The one-of-a-kind piece, titled “A Coin For the Ferryman,” was created in 2018 and is one of the artist’s earliest works.

    The piece had not been sold since SuperRare user @0xclipse purchased it directly from XCOPY in 2018 for 0.5 ETH (approximately $139 at the time).

    The London-based artist has a history in crypto art dating back to 2017 and is regarded as a pioneer in the field. Following the surge of interest in NFTs earlier this year, their work has gained more attention.

    Several one-of-a-kind XCOPY pieces have since sold for millions of dollars. Another high-profile sale of XCOPY’s artwork occurred last month, when NFT collector Cozomo de’ Medici paid $3.86 million for a piece titled “Some Asshole.”

    Artists typically receive a 10% cut of the final sale price for secondary market transactions of artwork listed on SuperRare, implying that XCOPY received slightly more than $600,000 in Ethereum for the most recent sale.

    XCOPY is not the only crypto artist whose artwork has sold for exorbitant prices. Beeple’s “Everydays: The First 5,000 Days” became not only the most expensive NFT to be sold at auction, but also the third most expensive piece sold by a living artist, fetching $69.34 million in a landmark Christie’s sale in March. Beeple returns to the auction house on Nov. 9 to sell an NFT sculpture titled “HUMAN ONE”; bidding begins at $15 million.

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