Indian designer Amrit Pal Singh, who has earned $1 million in 9 months by selling NFTs to date, opened a gallery to showcase his NFTs. He paid a total of 30 Ethereums for the NFTs he would put in his gallery.
Verifying that the digital asset is unique and unique NFT, has been on a spectacular rise with digital artworks. All kinds of works, from the unimaginably ridiculous to the unique digital arts, find their buyers for a certain amount of Ethereum. Today, we are here with a new move by an artist who has been in the NFT world for a relatively long time.
An artist named Amrit Pal Singh has averaged 40 Ethereums in total to date, or the time he spent that money. NFTs by spending $125k he bought. Singh’s goal was to showcase these NFTs in a metaverse exhibit. Performing and selling his own art in February, the artist will be on the metaverse in two months.the potential of owning a digital plot‘ he declared.
He created the gallery by taking the plot for their NFT:
The 32-year-old artist bought a plot of land on Cryptovoxels for 2 Ethereums and created a 10 x 18 gallery. ‘The name of his NFT collection’ to his galleryToy Face Cafe‘ he named it. He started to exhibit all his works, for which he spent a total of 125,000 dollars, in his gallery. Singh, who exhibited his own works of art on the first floor of his gallery, started exhibiting the NFTs he bought on the other floors.
He earned more than $1 million with the NFTs he collected and produced:
Over the last 9 months, Singh has sold a total of 57 NFTs. Earn more than $1 million succeeded. On the other hand, although he is confident in the future of NFT, he told people that this could be a risky move.spend as much as you can afford to lose‘ he explained by reminding his importance. He explained that he has made sales at a loss or for which he has not made a good profit so far. On the other hand, he now aims to make a profit with the gallery he opened in the metaverse.
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We’ve heard a lot of new news about the collaboration of Metaverse and NFT over the past few days. So much so that a digital plot 30 million TL, about a yacht to 8.5 million TL We’ve seen it sold. Let’s see what the NFT industry will show us in the future..
Source :
https://www.cnbc.com/2021/12/01/32-year-old-has-spent-6-figures-on-nfts-for-the-metaverse.html