The Stellar Art to Wrap Pegs by Dmitri Cherniak    

Mr. Pratik chadhokar is an Indian Forex, Cryptocurrencies and Financial Market Advisor and analyst with a background in IT and Financial market Strategist. He specialises in market strategies and technical analysis and has spent over a year as a financial markets contributor and observer. He possesses strong technical analytical skills and is well known for his entertaining and informative analysis of the Financial markets.

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Who ever imagined that the short cylindrical piece of wood could be turned into a classic art piece? All thanks to Dmitri Cherniak who actually made it possible to turn the pegs into a valuable art piece. However, he did it digitally using Javascript in the browser, wrapping the string around pegs in different ways.

How the Set of Pegs is Wrapped

Dmitri Cherniak, a Canadian artist, entered the NFT and crypto space in 2014 and sustained its power in both landscapes. He is well known as a generative NFT artist who creates art using algorithms. 

Ringers, an art-categorized NFT project streaming over the Ethereum blockchain was introduced by Dmitri Cherniak in October 2021. The art best represents the unique ways to wrap a string around a set of pegs. Simply, he tried to turn the idea of wrapping string around the pegs in a digital and artistic way, known as ‘Ringers’.    

As per OpenSea’s data, Ringers is one of the trending NFT projects in the art category, hitting new records. 

Different traits including background, body, peg scaling, peg style, size, wrap orientation, extra color, and peg count may be the reason behind Ringer’s popularity. Dmitri Cherniak tried numerous combinations to carry something new out of the box and surprisingly it worked. 

Addressing the popularity, Ringers #879 is the most viewed item in the list holding 37.9K views, and is available at the best offer of 25 WETH. Another name in the list is Ringers #109, holding 33.5K views and is offered at 25 WETH.    

Considering price as the main factor, the collection offers the cheapest as well as most expensive items. Ringers #934 is the cheapest item in the list available at the price of 32 ETH. If one is interested in buying expensive stuff, Ringers #997 and Ringers #226 are some of the most valuable items in the collection available at the price of 694.2 ETH and 500 ETH respectively.   

 You can also explore the newly added items such as Ringers #737 and Ringers #886 at the OpenSea platform or any other NFT marketplace.         

Current Performance and Stats 

In the past few days, Ringers NFT project has been performing well. With a total volume of 31,301 ETH, the project is all set to boom the NFT space soon. The current floor price of Ringers is 32 ETH with items available at the best offer of 25 WETH. With 303 owners and 30% unique owners, the NFT project just rocked the NFT environment. 

Looking at the past seven days’ performance, the project generated a volume of 140 ETH, a hike of 99% with total sales of 5.   

Conclusion

Ringers NFT project, introduced by Dmitri Cherniak, is all set to boom the NFT landscape with its outstanding performance. The collection of 1,000 items offers a number of ways to wrap a string around the set of pegs to offer unique art.