Moonbird NFT #2642 Purchased For Whopping $1M by The Sandbox

• Kevin Rose established Proof, a media firm that debuted Moonbirds on April 16.
• There are 10,000 owl avatars in the Moonbirds NFT collection.

On Saturday, the NFT marketplace OpenSea sold Moonbird #2642, one of the collection’s rarest members, for a record-breaking 350 ETH (over $1 million). The Sandbox, a Hong Kong-based Animoca Brands subsidiary, purchased the artwork. OpenSea user “oscuranft” made a profit of almost $600,000 after purchasing the NFT for 100 ETH a week ago.

There are 10,000 owl avatars in the Moonbirds NFT collection. In terms of a floor price, it’s one of the quickest collections to gain bluechip status. Kevin Rose established Proof, a media firm that debuted Moonbirds on April 16. At True Ventures, Rose serves as a partner and a board member. Over 1.5 million people follow him on Twitter. He used to be a general partner at Google Ventures.

Special Privileges

Proof presents a podcast by Rose that focuses on NFTs. Proof Collective, a secret organization of 1,000 NFT collectors and artists, including Beeple, holds a Proof Collective NFT and receives certain special privileges. Moonbirds is his second significant NFT initiative after Proof Collective.

In-person events and early access to Proof’s private Discord are among the perks of membership. According to the Moonbirds website, Moonbirds are “the official Proof PFP” (picture for proof or profile pic) of the Proof Collective.

Almost $360 million in sales had been made by Moonbirds NFTs within a week, according to statistics from Dune Analytics. The top ten most lucrative transactions vary from $397,000 to $1 million. According to OpenSea, the current Moonbirds floor price is 33.3 ETH. NFTs with 2.5 ETH price of Proof was created. That implies investors have gained more than 12 times in only a few days.