Stan Lee NFT Collection Sells Out Almost Instantly, Rises 500%
- Digital collectibles selling for $81 after launching at $15
- Sale illustrates strong demand for some NFT launches exists
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Kartoon Studios Inc. said its batch of more than 8,000 Stan Lee digital collectibles sold out “nearly instantaneously” on Monday, illustrating strong demand for some virtual assets still exists despite the slow recovery of the NFT market.
The release, in commemoration of what would have been the famed comic book writer’s 100th birthday recently, marked the first phase of a roll out of a broader Stan Lee collectibles universe, Kartoon said in a statement Monday. Lee is famous for creating of plethora of well-known superheroes including Spider-Man, the Hulk and Iron Man.