XCOPY, a famous digital artist in the field of crypto art and NFTs, recently sold “Don’t Panic,” an NFT artwork he created in February 2019, for Ξ 500.
XCOPY’s NFT artwork, Don’t Panic, which he created in February 2019, has just sold for Ξ 500, or about $805,895 at the time. While the Twitter world is abuzz with the staggering price the artwork was bought for, the artist is yet to acknowledge the sale. He did, however, retweet some Twitter posts mentioning the sale.
Lucky Trader, a trusted source for the latest news on the NFT industry, shared the news through its official Twitter account.
Don’t Panic was originally under SuperRare’s “safekeeping” until the platform sold the NFT artwork to a SuperRare user with the handle VK_crypto for Ξ 1 (or about $1,630 at current prices) on March 6, 2019. ModeratsArt then purchased it from VK_crypto in September 2020 for Ξ 12 (or roughly $19,640 at today’s prices).
Per SuperRare’s transaction history, ModeratsArt held on to the NFT artwork for two years before selling it to user yugen.eth for Ξ 500 (around $818,400 currently). Based on how much ModertsArt acquired Don’t Panic before he sold it to yugen.eth, he profited over $800,000 from the sale.
Getting to Know XCOPY
XCOPY is merely a pseudonym for one of the original and top-selling crypto artists ever. The person behind XCOPY remains anonymous to this day, but he has given away the fact that he is from London and is currently based there.
He is considered an icon in the NFT space and highly lauded for being an outspoken advocate for the crypto community. Of course, he is also well-known as an artist with an iconic style; thus, he is considered a blue-chip artist within the NFT art world.
You won’t see XCOPY’s work on generative art platforms like ArtBlocks since his work is not generative. What he does is mint new collections on various platforms like SuperRare, NiftyGateway, Async, and KnownOrigin. His works also resell on popular marketplaces like OpenSea, SuperRare, and KnownOrigin.
XCOPY’s works are easily differentiated from those of other digital artists primarily due to his iconic style. While his cartoonish illustrations typically use bright colors with heavy black outlines, the overall theme is dark.
Wherever you’ll find his artist’s bio, you’ll read that his work “explores death, dystopia, and apathy through distorted visual loops.” He uses unsettling glitch-based motion in bold colors on his NFTs that could pose problems, especially for people with epilepsy. Hence, his NFTs usually come with a flash warning.
What his fandom loves about his work is the exuded punk feel—skulls, fire, psychedelic influence, and lots of neon. The subject matters of XCOPY’s artworks can be gruesome, which he “neutralizes” with witty captions and flippant titles.
A case in point is his artwork Froggy’s Big Adventure, which features a hallucinating frog and has a caption that reads, “Big boy Froggy ate some fairy dust and now has too many friends to share with.”
XCOPY’s History of Big Sales
You can say that XCOPY has a history of significant sales. One of his artworks, Decay, sold for Ξ 345.69, or roughly $1.45 million at the time of purchase. Another artwork of his, Some Other As*hole, was purchased for Ξ 550, or around $2.28 million at the time of sale.
On December 9, 2021, Snoop Dogg bought XCOPY’s Right-Click and Save As Guy NFT for a whopping $7 million. It’s considered one of XCOPY’s most famous artworks. Its title refers to the common criticism attributed to NFT artworks—that anybody can save a copy of it from the Internet by right-clicking the image.
In March 2022, the artist released Max Pain on Nifty Gateway. It was an open edition NFT that accumulated over $22 million worth of sales in just ten minutes. It currently has a floor price of Ξ 0.6 on OpenSea.
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