The new NFT drop from the High Sloth Society of 10,000 Elite Sloths recently organized a public sale that was sold out in 29 minutes for $1.2 Million. The High Sloth Society NFTs started their public sale on the 28th of April at 12 pm UTC.
The Dutch auction price started at 1 ETH PER NFT for 400 of the legendary sloth collection. According to the auction mechanism, the cost of NFTs was supposed to drop every 30 minutes.
However, the entire collection sold out entirely on the 29th minute for a total of 400 ETH for 400 NFTs. This enthusiasm displayed by the community and investors instills faith in the project’s utility and functionality.
The High Sloth Society is a group of people that are no longer interested in money but want to focus on what money cannot buy.
By owning a high sloth, the users are granted the opportunity to have a direct interest in the ancient artifacts.
The rest of the collection from High Sloth Society has still not gone live yet but will be available for public sale soon. Similarly, HSS recently accrued an artifact from Asia and registered that artifact on the blockchain in a first-of-its-type achievement.
All the NFT membership holders of the High Sloth Society have a chance to gain direct interest in these ancient artifacts.
Apart from this, the High Sloth Membership also includes branded games, branded merchants, and members-only clubhouses with growing benefits.
HSS is brought to the world by HeritageDAO, the first decentralized autonomous organization in the history of crypto to purchase a national treasure.
About Crayon DAO and High Sloth Society
Crayon is a basecamp for NFT DAOs and a web infrastructure for decentralized, democratized, and community-governed investment clubs.
Users can create their DAO in minutes, govern their community, and manage portfolios using the finance tools.
Crayon DAO aims to bridge culturally important artifacts with the crypto community to preserve history while assigning interests in the ownership of these artifacts to exclusive members.
HSS is brought to you by HDAO, and through partnership, Crayon DAO is the exclusive operator of the High Sloth Society. To learn more about them, visit:
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Source: https://beincrypto.com/high-sloth-nfts-sold-out-in-29-minutes-for-1-2-million-dollars/