Johnny Depp’s NFT assortment surges in worth after defamation trial verdict

Actor Johnny Depp’s NFT assortment witnessed an enormous sudden spike in worth. This comes days after the jury dominated in favour of Depp on all three of his counts, discovering that Heard had not solely made false and defamatory statements however that she’d carried out so with “actual malice”.

Depp’s NFT assortment ‘Near Fear Truth’ was launched in late January 2022. Since its launch, it solely witnessed a complete buying and selling quantity of 1500 Ethereum. However, after the decision, the identical NFT assortment spiked in buying and selling quantity and noticed a buying and selling quantity of $352,000.

According to knowledge obtained from OpenSea, Depp’s NFT witnessed 212 gross sales because the verdict. Each NFT has been bought for a mean worth of 0.8 ETH.

A report by Coinquora reveals that Depp’s assortment had seen barely any transactions earlier than the trial, since March 2022. The assortment had a beginning worth of 0.70 ETH upon its launch with 11,111 generative artwork NFTs.

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Depp’s assortment is impressed by Heath Ledger, Elizabeth Taylor, Al Pacino, Hunter S. Thompson, Tim Burton, and River Phoenix amongst others.

Interestingly, one of many art work additionally included a portrait of his canine, himself, and a personality primarily based on his child’s desires alongside 607 self-portraits.

“Owning a Never Fear Truth NFT will grant you access to Johnny’s community on Discord; an innovative community platform. A place for fans and friends to come together and collaborate on creative projects. The community on Discord will offer an intimate environment for Johnny to express his creativity through; and provide you access to unique works, experiences and future projects in art, music and film,” learn the outline on Johnny Depp’s NFT challenge web site.

Meanwhile, Jurors concluded Depp ought to obtain greater than $10 million. However, Depp’s victory was not absolute, although. Jurors additionally concluded that a part of Heard’s counterclaim had deserves. They rejected two of Heard’s three counts, however discovered she was defamed by a Depp lawyer who accused her of roughing up their house to look worse for police. The jury awarded her $2 million.