The artworks for Invisible Friends are yet to be published, but eager speculators have rushed to purchase the collection at a massive mark-up on OpenSea.
Last night saw the release of the much-anticipated Invisible Friends NFT compilation. Though the artwork is yet to be unveiled, NFTs were immediately sold on the secondary market for a 5,000 percent mark-up. A limited-edition item from the collection sold for approximately $1.3 million, with the money going to charity.
Last night, Invisible Friends was released with a 0.25 Ethereum mint price open to wallets on an early release list, and the NFTs skyrocketed on the secondary market.
Golden Friend, a limited edition one-of-a-kind item from the Invisible Friends Exclusive series, was also auctioned off for 496.69 ETH. One of the most talked-about NFT collections in recent months was Invisible Friends. Before the debut, it had 500,000 Twitter followers.
The mint for the collection is set to close at 22:00 UTC, yet at press time, 98 percent of the collection has been minted.
While Invisible Friends was a much-anticipated release, the NFT business as a whole has been expanding in recent weeks since its mainstream debut in 2021. While the overall market for fungible crypto assets has declined, daily transfers for NFTs are approaching all-time highs, with OpenSea surpassing $5 billion in sales last month.