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NFT News

Loomdart’s Loomlock NFTs Sold for More Than 7400 ETH

LoomlockNFT gets Sold for over 7400 ETH with zero marketing expense.

Written By:
Jahnu Jagtap

Last updated: September 20, 2021 12:12 PM
Published September 20, 2021 12:12 PM
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Last updated: September 20, 2021 12:12 PM
Published September 20, 2021 12:12 PM
Loomdart’s Loomlock NFTs Sold for More Than 7400 ETH

In Brief:

  • Loomlock NFT holders will be able to claim a physical Loomlock.
  • Top ten bidders of All 3 days of Auction will receive a Golden Loomlock.
  • The highest LoomlockNFT was sold for 16.2 ETH for a single NFT

The latest project from Loomdart, the Loomlock NFTs were sold for 7,424.26 Ether. In the three days long auction all 9000 NFTs were sold. Overall LoomDart earned $25 million dollars in 3 days from a single project.

As the project is now completed Loomdart has removed the ETHs from the contract address to a gnosis safe wallet.

According to Loomdart, he didn’t spend any money on the marketing of his project. For him, the project’s success was from the goodwill of Twitter users and the crypto community.

To date I have paid $0 in marketing for @loomlocknft

The marketing success we have had so far on twitter has been purely through goodwill, friends, threats of violence, bribes and extortion

— loomdart – Holy War Arc (@loomdart) September 20, 2021

There were a total of 9000 NFTs created by loomdart. This makes the average price of a loom lock equals 0.82 ETH.  According to the Metadrop website, there were a total of 2260 winners of the auction.

Looking at the data, most of the bids were made at a value of 0.9 ETH, looking at the chart almost all NFTs had a bid for 0.9 ETH. After that the maximum bidding was at 0.85 and then at 0.5 ETH.

Originally each NFT were listed for 0.25 ETH, but it was later announced that the top 10 bidder would get a golden LoomlockNFT, which encouraged collectors to bid higher.

Here is Everything You Need to Know About Loomdart’s New NFT Project “LoomlockNFT”

The poll passed with more yes's than no's, this is now in effect! The top 10 winners of each days auction (per unit price. not quantity) Will win a golden loomlock nft!

(Reminder, this has NOTHING to do with loomlocknft or any of the wassies. The art will be a golden lock.) https://t.co/yCrwIeatpq

— ByWassies (@bywassies) September 15, 2021

The most expensive loomlock Nft was sold for 16.2 ETH, and was bought by an unknown collector. The least value paid for a loomlock is 0.45 ETH i.e ≈ $1500.

Most of the collectors bought only one loomlockNFTs. However, a lot of the collectors got their hands on more than one, while some were able to bag more than 30 NFTs. The most successful were two crazy collectors known as kapish.eth and streakdat.eth, who now possess 60 loomlock NFTs each.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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TAGGED:Ethereum (ETH)
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Jahnu Jagtap - Crypto Research Analyst at The Crypto Times
By Jahnu Jagtap
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Jahnu Jagtap is a Research Analyst with over 5 years of experience in crypto, finance, fintech, blockchain, Web3, and AI. He holds a BSc in Mathematics and is certified in Blockchain and Its Applications (SWAYAM MHRD), Cryptocurrency (Upskillist), and NISM Certifications. Jahnu specializes in technical, on-chain, and fundamental analysis, while also closely tracking global macro trends, regulations, lawsuits, and U.S. equities. With a strong analytical background and editorial insight, he drives content that delivers clarity and depth in the fast-evolving world of digital finance.

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