27/01/2022 An NFT collection of 10,000 cartoon ducks sold out in less than six hours for $120,000 and saved the designers' home from foreclosure

A male musk duck swimming in Bunbury, Western Australia.
A male musk duck.Auscape/Universal Images Group via Getty Images

The collection, dubbed "Dastardly Ducks," sold out in less than six hours for a whopping $120,000, according to aMonday report from CNBC.

The couple behind the NFTs — Thorne Melcher and Mandy Musselwhite — then wrote a check for $40,000 to cover mortgage back-payments and then some, saving their Atlanta homestead where they've raised ducks and geese, among other animals.

"We saved our farm by selling cartoon ducks. It was like a fever dream," Melcher told CNBC's Taylor Locke. The NFT collection'sTwitter bionow reads, "All hatched in under 6 hours. You helped save a smol duck farm."

The couple told CNBC that they started the project in early January and launched it in two weeks. As an artist, Musselwhite created the ducks, which have 100 different traits. And Melcher, a coder, learned the Solidity programming language to mint the NFTs on the ethereum blockchain. A friend lent them the money tocover the feefor the NFT collection.

On the website, the couple touted the benefits of ducks for agriculture and said with their NFT collection they wanted to bring the ducks they raise in real life "to the metaverse."

NFTs, short for non-fungible tokens, are unique digital pieces of art tied to blockchain technology. The market for NFTs has exploded in the last year, and in 2021 reached$41 billionin sales, according to one estimate. Enthusiasts have said the digital tokens are thekey to unlockinga virtual world called the metaverse in which people interact, play, and work as digital avatars of themselves.

Other NFT collections also reportedly sold out in minutes to hours after launching. For example, the famous CryptoPunks, one of the original NFT collections, sold out in 24 hours after. The Bored Ape Yacht Club collection sold in 12 hours,. And recently, a collection of 10,000 Wall Street bulls sold out in.

Digital collectible sales have remained strong in the new year. In the last week alone, sales of NFTs were about a quarter of a million dollars, with Decentraland and Bored Ape Yacht Club topping the list, according to.

Arts

https://finance.yahoo.com/news/nft-collection-10-000-cartoon-203603180.html

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An anthropomorphic figure stands, wide eyed, staring at the viewer; its body masculine, muscular, and humanoid. Its “mind” dissociates into a conglomerate of structures resembling feathers, grain, teeth–as well as a radial flower “node”, casting linear rays throughout the composition. To his left, a vat of bodies gesture and writhe in a kind of amniotic soup, attended by a video game robot. The bot's red display reads “uWu”. Behind the robot and filling the left side of the composition is an archaic figure composed of a variety of vintage objects and symbols. Among them are a hardbound book with ancient cuneiform scripts, indicating barley, beer, bread, ox, house, and sky, behind which is a grimacing, salivating jagged toothed maw; and an old Commodore floppy drive. The figure’s head tilts toward an illuminated crescent moon, suggesting the Egyptian Sacred Bull. The archaic figure is composed of a variety of mutating cells, which shift in color, and pattern; eventually breaking free into an ephemeral broadcast of bubbles which move across the background. The work came into being against a psychological introspection, which included associations to pop culture such as alien abduction and pod people, as well as quite a bit of reflection on grains as a symbol of civilization, agriculture, sustenance, life, and imbibing (mainly whiskies).
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What's up! I'm Henna Sandalwood. I've never told anyone this, but I once pawed at a dog. I would give it all up to be on Oprah. Purrhaps this is the beginning of a beautiful relationship.