Spanish artist Joan Cornellà is now working with non-fungible tokens (NFTs) too as he has revealed his own collection dubbed "MOAR by Joan Cornellà."
The tokens —based on the Ethereum network— will be auctioned on OpenSea with the first token MOAR #1 to be sold on April 7. Here's how Cornellà described his new work:
This suited man with a gun is usually seen on the artist’s notable works, which makes it the most valuable and sought-after pfp from the 5,555 NFT collection undoubtedly.
The winner of the auction will get an identical 3D avatar in phase 2 as well as a painted canvas (H273 x W220mm). Cornellà says all the proceeds from the sales will go to "MOAR" future DAO development. As of press time, the largest bid is set at 20 ETH (~$65 000).
Cornellà claims each NFT was hand-drawn with over 200 unique attributes. The Spanish cartoonist also shared his strategy for tokens distribution: out of 5,555 tokens, he will auction 74% on OpenSea, another 21% reserved for whitelist, and the remaining 5% for the team as Cornellà developed his new project in a collaboration with FWENCLUB, a blockchain firm.
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