Express

Instantaneous Sellout of Stan Lee NFT Collection Injects Renewed Confidence Into NFT Market

Katie Lin

Summary: On Monday, Kartoon Studios experienced a lightning-fast sell-out of the Stan Lee NFT collection, which brought a renewed sense of confidence to the NFT market. The studio managed to sell all 8,294 NFTs almost instantly, yielding $120,000 in revenue. Despite a recent downturn in demand for digital collectibles, the successful sale brought a glimmer of ...

On Monday, Kartoon Studios experienced a lightning-fast sell-out of the Stan Lee NFT collection, which brought a renewed sense of confidence to the NFT market. The studio managed to sell all 8,294 NFTs almost instantly, yielding $120,000 in revenue. Despite a recent downturn in demand for digital collectibles, the successful sale brought a glimmer of hope to the wider NFT market.

Author: Katie Lin

Last Update:

Tags: ,,
Link: Instantaneous Sellout of Stan Lee NFT Collection Injects Renewed Confidence Into NFT Market   [Copy]
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 1 day ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 4 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 8 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 10 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 12 days ago
  • You need to login to comment.