Crafted from the mind of the iconic author of “4-Hour Workweek” and one of the most popular podcast hosts in the world Tim Ferriss, this collection narrates the tale of the ‘fantastical realm’. And let me get this out of the way… this emergent long fiction project (ELF) is funny. So without further ado, let me introduce the Legend of Cockpunch NFT.
But wait! Before I go on, it’s worth mentioning that Ferris is a jack of many trades! He is quite a businessman, he is an early investor in many major companies such as Meta, Twitter, Shopify, Memeland’s 9GAG, and many more. Also, he is an avid NFT collector and owns some seriously cool Chromie Squiggles by legendary NFT Artist Snowfro.
THE COCKPUNCH NFT
Tim first revealed his now top chart Cockpunch NFT collection on November 17 during the famous podcast “Proof” with renowned NFT-savvy host Kevin Rose. Rose is also a tech entrepreneur and co-founder of Web3 startup Proof.XYZ. You can watch the 2-hour long podcast here!
Inspired by his early obsession with Dungeons and Dragons, Tim’s collection comprises 5,555 bad-ass rooster characters, each boasting unique traits, and weapons. During the pre-sale on Premint’s new minting platform yesterday, the collection minted out its supply at 0.3 ETH per mint (about $370) in less than 24 hours! And Ferriss’s inspiring charity celebrated over $2 Million in donations. Insane.
The Cockpunch NFT project surprised us all by transcending from Allowlist to Waitlist during the mint. In detail, since 10 percent oversubscribed, the Allowlist could not fully mint out the supply. Consequently, the Waitlist managed to snatch around 300 NFTs. This supply was depleted in mere seconds once the mint window opened. Unshockingly.
According to CoinGecko, the floor price for Cockpunch NFT is now a whopping 1.3 ETH or $1,598 with a 24h trading volume of $3.9 Million, and an INSANE $8.8 Million market cap. All of this happened in 1 DAY people!
A NOBLE CAUSE
In the reveal, Tim announced that 100% of primary sale proceeds of the Cockpunch NFTs are being donated to his very own Saisei Foundation, a nonprofit private foundation that funds cutting-edge scientific research, and other initiatives related to mental health therapeutics and medicine.
Created in 2018, the Saisei Foundation focuses on scientific research and clinical treatments of “intractable” conditions, such as treatment-resistant depression, opioid addiction, anorexia nervosa, and post-traumatic stress disorder (PTSD).
Tim’s interest stems from his own experience, including childhood abuse, lifelong major depressive disorders, and the helpless feeling of watching multiple family members lose their lives to addiction (alcohol and opiates). Hats off Tim.
THE STORYLINE OF THE LEGEND OF COCKPUNCH NFT
In his podcast with Kevin Rose, Tim revealed that the rogue Cockpunch characters will belong to eight primary great houses. These are clans, and they’re going to have different characteristics, strengths, weaknesses, cultures, religions, and maps. In his words: “there’s going to be a lot of detail.” and we’re all for it Tim! Moreover, Tim already hired a voice actor to star in the Cockpunch NFT Podcast season.
In the podcast, He also said: “(It) will have this lore performed, and that will come out in drips and drabs so that people can slowly look through the haze and begin to piece this world together because there are going to be a lot of embedded secrets and mysteries and mythologies that folks, if they’re interested, will be able to explore, and in some cases, we’ll have to piece together.” Check out the cocky collection on OpenSea!
UTILITY, ROADMAP, DISCORD, AND EVERYTHING IN BETWEEN
Believe it or not. This collection sold out with no written promise of any of the above holy grails. Basically, the collection was advertised as a fantasy genre story podcast and nothing more.
Ferris merely said during the podcast: “There’s no planned utility, no planned roadmap, and no planned discord. But there might be a few surprises. It’s a big experiment that I’ve been thinking about and planning for the better part of a year. And then there’s some other stuff.”
On the bright side of things… Cockpunch NFT owners can use their characters to create all the derivative artwork and projects their heart desires. Thanks to the copyright regulation adopted. Yes, it’s giving BAYC and Cryptopunks vibes…
BOTTOM LINE
Tim Ferriss’s Cockpunch NFT collection managed to reap $2.5 Million in just a few hours after its release. Is this due to Tim’s enormous cult following? The guy has over 1.8 Million Twitter followers… Or is it due to the innovative story-telling approach he is adopting for his NFTs?
Once the initial shine wears off, we will be able to tell if this collection is a serious contender in the A-list battle of the fittest or a mere 60 seconds of fame ordeal. As always, stay tuned to everything Web3 right here! And have a good day!
