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A derivative NFT project based on Azuki NFTs called Fatzuki has made the creators over 80 eth in 24 hours. Over $150K in 24 hours by copying the art of a project that already existed.

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by COINS NEWS 87 Views

A derivative NFT project based on Azuki NFTs called Fatzuki has made the creators over 80 eth in 24 hours. Over $150K in 24 hours by copying the art of a project that already existed.

Yesterday July 9th a NFT project called Fatzuki was released, the mint price was 0.0069 ($13.00), the project quickly sold out. The total supply is 10,000 which netted the creators 69 ETH within a couple of hours.

https://preview.redd.it/9z0606fis6bb1.jpg?1080&format=pjpg&auto=webp&s=8b60c53839c36b1be31a5d948ff7e1871a5ddd75

you can see the comparison between the art of the Azuki NFTs and the Fatzuki NFTs in the picture below, yes they just made them fatter.

https://preview.redd.it/9s918s7js6bb1.jpg?1080&format=pjpg&auto=webp&s=99116cf88fc4bbb5bda63cd84537d82df8099871

The memes are starting on twitter and perhaps helping with secondary sales.

https://preview.redd.it/r6yf4iujs6bb1.jpg?1080&format=pjpg&auto=webp&s=7d81232f7d4fa507c6618949b3cafbdad874a6db

Creator earnings are 5% on secondary sales, with over 217 ETH in secondary sales within 24 hours the creators have already earned an additional 10.9 ETH and with the floor price quadrupling over night it seems like they are probably on track to make a few hundred ETH with this collection.

https://preview.redd.it/q4pptqyls6bb1.png?1310&format=png&auto=webp&s=4c95b09b8505dd1eb774f350d077c352203ecd64

The art work for each individual NFT has not even been revealed yet, all you get right now is the photo below.

https://preview.redd.it/do3f2rels6bb1.png?774&format=png&auto=webp&s=7890280a86c8a9c2a8c8ab5191b16bd5d9bfba54

Maybe this will motivate you to create your own NFT collection based on an already popular one and make yourself a couple of hundred ETH.

This is happening while NFT sales and prices are plummeting with many expecting NFTs to die this bear market.

I do not own any Fatzuky NFTs because even though I saw them selling for 0.02 eth yesterday I was to stupid to buy them and quadruple my investment overnight since the floor price is currently at 0.08 eth

submitted by /u/Odlavso
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