27/01/2022 Chinese crypto influencer makes over $5 million in 10 days selling her photos as NFTs

A Chinese influencer’s non-fungible token (NFT) project has reached a trading volume of 2,300 ether (around $5.5 million) less than two weeks after its launch.

Singapore-based Yuqing Irene Zhao, 28, created the IreneDAO collection based on a sticker pack she made for her Telegram community, reportedCointelegraph.

TheIreneDAO collection, which was launched on NFT marketplace OpenSea on Jan. 14, features 1,106 NFT images of the crypto influencer in different poses with crypto slang such as “gm,” “wen Binance” and “yes ser.” The collection’s slogan is “SIMP: Simplicity, Integrity, Meaning, and Purpose.”

The NFTs currently trade at a floor price of 1.47 of the cryptocurrency ether (approximately $4,668).

From sticker pack to NFT collection

A fan identified only as “libevm” reportedly encouraged Zhao to turn the sticker pack into an NFT collection after learning about the success of Indonesian college student Sultan Gustaf Al Ghozali. AsNextSharkpreviously reported, Ghozali made over $1 million by selling around 1,000 of his selfies as NFTs.

Zhao has even reached out to Ghozali on Twitter for a potential collaboration.



According to Zhao, she developed the IreneDAO NFT collection with libevm and business partner Benjamin Tang as part of their plan to create a decentralized platform called “Social Collectibles," or "So-Col.” Zhao described So-Col as a “decentralized version of OnlyFans, Discord, Twitch and Patreon” where content creators can monetize their content by converting them into NFTs.

Arts

https://news.yahoo.com/chinese-influencer-simp-nft-collection-221038839.html

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The idea for this piece was borne out of a tweet of mine that caused a bit of a stir. I’d posted a link to a blog article I’d written a number of months previous titled ‘Who is the Creator’ discussing various types of creative collaborations and why I hire people to work on my animations. It generated a lot of debate around creation and attribution with the community split on whether it’s right or wrong for an artist to hire other professionals to help them realize their art projects. I decided to push the boundaries even further and see how the cryptoart community responded. What if I quite literally had nothing to do with the physical or digital elements of the work other than coming up with the concept and coordinating it? I decided there was one artist in the space who could add huge value to this idea on levels that none other could and so I gathered my courage and contacted the great JosĂ© Delbo to ask him if he’d be interested in a very unique collaboration. I explained to him that to make this piece ‘work’ he couldn't have any say in what I produced and moreover, he wouldn’t even be allowed to see the animation until it was dropped on MakersPlace. To my surprise, Mr Delbo agreed to my proposal. The animation tells the story of the creative process, which includes my roles as writer, director, and producer working with a team and making edits and changes ‘in real time’. The dialogue between myself and my ‘hired guns’ plays out in front of the viewer. The music written for the piece adds to the nostalgia of the comic book superhero theme but other elements such as the snapping and kicking of the pencil and the signing of my signature at the bottom incorporates further layers and challenges the viewer to ask important questions, such as, is the ‘Art’ the final animation (the creation) or is the ‘Art’ the concept/credit for the creation itself?
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