- The Ethereum collection of NFT World of Women has been on an upward trend since the beginning of the year.
- According to the team that created World of Women Galaxy, World of Women Galaxy produced a total of $79 million in sales in just 24 hours after it became available.
The Ethereum collection of NFT World of Women has been on an upward trend since the beginning of the year. It has risen in value as celebrities invest in and the project pursues Hollywood goals. This past Saturday, the company debuted an additional NFT collection dubbed World of Women Galaxy and quickly consumed the stock available.
According to the team that created World of Women Galaxy, World of Women Galaxy produced a total of $79 million in sales in just 24 hours after it became available. This includes $34 million worth of sales made by the initial mint in addition to 45 million dollars in secondary market trading, according to information from CryptoSlam.
Since the launch on Saturday secondary trading has exceeded $60 million total. In the process, World of Women Galaxy has completed more transactions in the previous two days than any other prominent NFT profile pictures (PFP) effort, including Azuki ($49.5M), The Bored Ape Yacht Club ($45M), and the Mutant Ape Yacht Club ($42.3M).
An NFT is a unique currency that serves as a form of digital receipt based on blockchain technology. It is a method to verify ownership of digital objects, like PFP artwork. The original World of Women collection contained more than 10,000 profiles and each one with a different selection of features, World of Women Galaxy spans 22222 photos.
WoW #6777 and her Wow Galaxy! 🔮 pic.twitter.com/3iy7MFBNa1
— Farokh.eth (🎙, 🎙) (@farokh) March 28, 2022
Original owners can claim the benefit of one Galaxy NFT for each World of Women NFT they own, while an additional 2222 Galaxy NFTs were made available for sale at a discounted price for “certain individuals and communities” which are working to increase accessibility to the NFT market.
The remaining Galaxy NFTs were offered to auction on Saturday. They used the Dutch auction model that starts at $3 ETH (approximately nine hundred dollars) and then gradually decreases in value until the stock is exhausted. It’s a similar tactic to the Bored Ape Yacht Club’s earlier NFTs and the Mutant Ape NFTs that followed.