Anthony Hopkins NFT Collection Sellout Defies Bear Market

Defying a trend of declining NFT sales, award-winning actor Sir Anthony Hopkins has sold out his debut collection, ‘The Eternal Collection’, in just seven minutes.

The record sale was announced by NFT design agency Orange Comet Inc. on October 14. The firm, which collaborated with the octogenarian actor on the digital artwork, claimed it was the fastest sell-out in OpenSea’s history.

The collection was originally announced in mid-August to celebrate the actor’s long and diverse career.

THE ETERNAL COLLECTION SOLD OUT IN LESS THAN 7 MINUTES 🎭

IT SELLS OUT FAST @open sea HISTORY 😮‍💨

Thank you @AnthonyHopkins✌🏽 pic.twitter.com/KYH0T1hXeu

— Orange Comet (@OrangeCometNFT) 13 October 2022

Gone in seven seconds

The Eternal Collection contains 1,000 unique images and animations depicting various moments and characters from the actor’s illustrious career. They are designed to reflect archetypal facets of his career spanning decades and include pieces such as The Eternal, The Jester, The Lover, The Rebel, The Hero, The Ruler, The Sage, The Magician, The Giver, The Explorer and The Creator.

According to OpenSea, the collection “conceptualizes the vastly different characters Sir Anthony has portrayed over the course of his illustrious film career and derives its strong energy from his unique and vibrant approach to art.”

The marketplace currently reports a floor price of 0.77 ETH (about $1,000 at current prices) and 619 owners. The most expensive one is already listed for resale at 10,000 ETH.

At launch was OpenSea overwhelmed with demand preventing the NFTs from being minted in the first hour.

Hopkins, who has his own Ethereum domain name, also seemed overwhelmed by the response. “I am honored to be part of the Orange Comet team. Our collaboration has been one of the greatest experiences of my life, he said.

Looks like I have the capacity to crash the internet in a single leap 🚀 Thanks everyone. I could not have imagined this result. #Sold out #TheEternalCollection@OrangeCometNFT @open sea @InnerCityArts pic.twitter.com/ADjBJN9P4s

— AHopkins.eth (@AnthonyHopkins) 13 October 2022

NFT Landscape Outlook

The big sell-off has defied a bear market that has seen NFT sales fall in recent months. According to Nonfungible’s market tracker, NFT sales have fallen nearly 90% since the beginning of the year from around 160,000 per day to current levels of around 20,000.

In late September, Bloomberg reported that NFT volumes had crashed 97% from their January peak as the crypto winter bites deeper.

CryptoSlam reports that the most popular collection in the past week has been CryptoPunks, with $10 million in secondary sales, followed by Bored Ape Yacht Club, with a weekly volume of $7.8 million.

The collapse in prices on the second-hand markets has prompted collectors to lament their losses on social media.

Bored Ape Yacht Club ruined my life. Bought the top for $450,000 with everything I owned and my savings and still holding on today. I would be lucky to remove 6 figs.

— Coinfessions (@coinfessions) 13 October 2022