In 2022, it seems like you can’t go a day on the internet without hearing about cryptocurrencies, NFT art, and the metaverse.
Whether you’re an avid follower of these newer technologies, or have more or less no idea how they all work, you’ve probably come across several famous NFT art projects that bring in series of sums of money.
For example, a ‘Cryptopunk’, one of the most famous NFT projects to date, sold for $11.8 million. Even well-known celebrities join in, such as Eminem and Madonna who buy Bored Ape NFTs worth hundreds of thousands of dollars.
What’s even more appealing about the NFT hype is the opportunity for mainstream performers to earn significant sums of money for their pieces, giving the once “hungry performers” a chance to make some serious money.
How a 19-Year-Old Made Nearly $20 Million Through NFTs
A more recent success story within the NFT art world was when Victor Langlois, a 19-year-old artist who goes by the online name ‘FEWOCiOUS’, made nearly $20 million from his most recent work sales.
This makes him one of the most financially successful NFT performers in history, earning the third highest amount ever recorded on the “Nifty Gateway” marketplace (one of the most popular platforms to buy and sell NFTs ).
How exactly did Langlois do this? He marketed all of his NFT art to buyers during a 24-hour sale. About 5000 people bought his now famous “Paint Drop” NFTs, a trademark symbol of Langlois’, featuring small but vibrant and colorful blobs of paint.
Just the beginning of the story
For Langlois, his most recent NFT art sale is just the beginning of his legacy. He plans to create a digital universe called FewoWorld where all of his projects can coexist digitally to be displayed, bought and sold.
Within FewoWorld, he plans to create a small-character NFT project called Fewos, where people can buy, sell, and collect their own Fewo characters.
Why the high price?
Why and how did Langlois manage to sell his digital artworks for such a high price? The answer probably lies in the investment potential of the pieces.
Each “Paint Drop NFT” purchased by buyers in its recent sale was assigned a select number of “Paint”, which Langlois describes will be “the building block for everything” in FewoWorld. He explains that the specific paint for each Paint Drop NFT is unique and will subsequently grant different special powers to Fewos in the FewoWorld (this is not fully confirmed though).
Langlois plans to use the money from his recent sale to further explore his creativity. Although there are no concrete plans for FewoWorld yet, he wants to add more people to the FEWOCiOUS team to expand his vision for the future.
In addition, he wants to invite buyers of his “Paint Drop” NFTs to exclusive “paint parties”, which will take place in warehouses. He hopes to build a community and give paint droppers the chance to meet, have fun and paint without an agenda.
Regardless of Langlois’ plans, there’s no doubt that the 19-year-old creative has firmly established himself as one of the most successful NFT performers to date. In addition to his nearly $20 million worth of art sold this week, Langlois’ previous sales have been $30 million in profit, leading to total sales of $50 million in just over a year.
Not too shabby, right?
One of his most popular pieces sold for nearly a million dollars. The NFT art “Nice to meet you, I’m Mr. MiSUNDERSTOOD” sold for a whopping ETH 882, or $2.8 million, at Sotheby’s auction house in October.
Whether Langlois decides to become the digital world’s next JRR Tolkien, or simply remains a young adult passionate about creating art, he will undoubtedly be remembered as one of the most imaginative and accomplished visionaries in the NFT art world. .
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