Instagram model from Singapore made $7.37 million in 10 days selling NFT photos

By: Maksim Panasovskyi | 07.02.2022, 13:14
Instagram model from Singapore made $7.37 million in 10 days selling NFT photos

Singaporean model Irene Zhao sold over 1,100 of her Instagram photos in non-fungible token format and earned over $7 million.

The girl has relatively few subscribers - approximately 422,000. One of them advised creating non-fungible tokens from Telegram stickers with the image of the model. As a result, 1,106 NFTs have appeared on the OpenSea site, worth from 0.94 ETH (~$2,900).

All tokens sold out in 10 days. The total income of the Instagram model was 2,400 ETH, which is equivalent to $7.37 million. By the way, one of the buyers was the American actor and blogger Logan Paul.

True, the girl will not receive this money. The thing is that the organization IreneDAO was established to manage assets. The funds will be invested in cryptocurrency in order to “experiment with the best ways to integrate web3 into the author economy.”

A source: The Sun