Breaking Records: Anthony Hopkins NFT Collection Sellout Defies Bear Market
A nonfungible token (NFT) collection from legendary actor Anthony Hopkins has smashed records with a sellout in just a few minutes.
Defying a trend of decreasing 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 Oct. 14. The firm, which worked with the octogenarian actor on the digital artwork, claimed that it was the fastest sellout in OpenSea 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 🎭— Orange Comet (@OrangeCometNFT) October 13, 2022
THE FASTEST SELL OUT IN @opensea HISTORY 😮💨
Thank you @AnthonyHopkins✌🏽 pic.twitter.com/KYH0T1hXeu
Gone in Seven Seconds
The Eternal Collection features 1,000 unique images and animations depicting various moments and characters from the actor’s celebrated career. They have been designed to reflect archetypal facets of his career over the 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 widely diverse characters Sir Anthony has portrayed over his illustrious film career drawing its potent energy from his unique and vibrant approach to art.”
The marketplace currently reports a floor price of 0.77 ETH (approx. $1,000 at current prices) and 619 owners. The most expensive one has already been listed for resale at 10,000 ETH.
Upon launch, OpenSea was overwhelmed with demand which prevented the NFTs from being minted for the first hour.
Hopkins, who has his own Ethereum domain name, also appeared to be overwhelmed by the response. “I’m honored to be a part of the Orange Comet team. Our collaboration has been one of the greatest experiences of my life,” he stated.
Looks like I have the capacity to crash the internet in one single leap 🚀 Thank you everyone. I couldn’t have imagined this outcome. #SoldOut #TheEternalCollection@OrangeCometNFT @opensea @InnerCityArts pic.twitter.com/ADjBJN9P4s— AHopkins.eth (@AnthonyHopkins) October 13, 2022
NFT Landscape Outlook
The big sellout has defied a bear market that has seen NFT sales slump over the past few months. According to Nonfungible’s market tracker, NFT sales have slumped almost 90% since the beginning of the year from around 160K per day to current levels of around 20K.
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 over the past week has been CryptoPunks, with $10 million in secondary sales, followed by the Bored Ape Yacht Club, with a weekly volume of $7.8 million.
The collapse in prices on secondary markets has caused collectors to lament their losses on social media.
Bored Ape Yacht Club ruined my life. Bought the top at $450,000 with everything I owned and my life savings and still holding to this day. I’d be lucky to clear 6 figs.— Coinfessions (@coinfessions) October 13, 2022