Author Tim Ferriss tops NFT sales charts with ‘Cockpunch’
by James · December 12, 2022
In short
- Author and podcast host Tim Ferriss launched an NFT-powered fiction project called The Legend of Cockpunch.
- The first coin sold out, with secondary sales since ETH valued at $3.3 million.
“The Legend of Cockpunch“-one Ethereum project created by popular author and podcast host Tim Ferriss – is today’s big one NFT market winner, putting an out-of-stock coin into secondary market demand that has pushed the collection to the top of the sales charts.
Billed as an “emergent long fiction” project from Ferriss, the author of “The 4-Hour Workweek” and other bestsellers, “Cockpunch” spans 5,555 images depicting anthropomorphic rooster characters, each with different characteristics and weapons. Each NFT was priced at 0.3 ETH (about $370) at coin time earlier today.
All in all the primary sales – which took place via Premintits new coin platform – raised just over $2 million, with all proceeds going to the author Saisei Foundation. The foundation funds research into treatments related to psychedelics, life extension, mental health and more.
Since the sale, secondary market prices have risen, with the NFTs listed at 1.4 ETH ($1,725) on leading marketplace OpenSea. And they also sell: OpenSea’s market coverage chart shows about 2,700 ETH (over $3.3 million) in secondary sales so far, topping established projects like CryptoPunks and Azuki during the last 24 hours.
The PFPs are billed as just the start of Ferriss’ plans for the project. IN a podcast interview with Kevin Rosetechnology entrepreneur and co-founder of Web3 startup certificatesaid Ferriss that he has written an entire first season of a narrative podcast that will share the knowledge of the project’s fictional fantasy world.
Furthermore, NFT owners can use their characters to create derivative works of art and projects, thanks to a commercial rights grant. With other popular collections such as Bored Ape Yacht Club and CryptoPunks, holders have drained their NFTs for things like virtual bands and supergroupsclothes, themed restaurants, drinks, and other products.
Ferriss released his first-ever NFT earlier this year as part of Grails, a campaign where owners of Roses Proof Collective NFTs can mint one of several limited-edition pieces of art without first knowing the creators of each. Only 60 members marked the author’s NFT, with the title “How to Start a War”– his first published fiction.
