Fewocious has sold almost $20 million in 24 hours with the drop of his new NFT project, FewoWorld.
What is FewoWorld?
FewoWorld is a unique universe created by renowned artist @FEWOCiOUS. FewoWorld is the first generative art project created by FEWOCiOUS who had previously made a name for himself selling an NFT for over $2 million dollars when he was just 14 years old (Source). Since then, FEWOCiOUS has been involved with several well known NFT collaborations while raking in millions for his work, one of which includes his collaboration with RTFKT Studios.
What are FewoWorld “Paint Drops”?
Paint is the building block of all things inside FewoWorld. According to the official site for the Paint Drops, holders of Paint will be able to eventually unlock things inside FewoWorld including “Canvas and FEWOS'' which will be released in future collections & drops by FEWOCiOUS.
Collectors who hold more Paint points will be given more perks inside FewoWorld including opportunities to attend paint parties, purchase physical merchandise, a chance to participate in future drops and join the FewoWorld ecosystem.
How did the launch go?
A little more than 22,000 Paint Drops were purchased for $500 (50% off) during the first 3 hours during the Fewo Holders Presale. At the end of the NiftyGateway drop a total of 30,198 Paint Drops had been purchased. The rest of the Paint Drops (around 8,000 of them) were purchased for $1,000 each.
The total money raised from Presale (3 hour period) was around $11.2 million dollars. The total money raised from Public sale (24 hour period) was around $7.6 million dollars. That means, the total amount raised by FEWOCiOUS for Paint Drop before any secondary sales is around $20 million dollars.