Nftnews Today RIP The Queen NFTs Live On OpenSea After Her Death

Within the hours following the demise of Elizabeth ii, Queen of the UK, many individuals had been glued to the TV, watching the information unfold. Nonetheless, for others, this might all the time be a possibility to earn money. Inside hours, quite a few NFT collections ‘devoted to the Queen’ popped up, and many individuals within the NFT group have raised questions concerning the morality of doing so.

Amongst these collections is RIP The Queen Official, Lengthy Dwell The Queen, King Charles, and even a Queen Elizabeth Yacht Membership assortment.

Image of Queen Elizabeth ii, on throne with crown
Within the Hours following the Demise of Queen Elizabeth ii, quite a few RIP Queen NFT tasks sprung up on OpenSea.

Queen NFT collections cut up the Twitter group 

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As quickly because the information of her majesty’s demise unfold yesterday, the NFT Twitter group knew what was coming. One person, @ThreadGirl_eth, stated, “First one to drop a queen nft assortment will make luggage”, whereas @zscuffed stated, “Sure, the Queen of England died. No, you shouldn’t make an NFT assortment about it.”

Nonetheless, earlier than you can say ‘God save the Queen’, quite a few NFT tasks had been already dwell and tweeting about it. Most tasks use a picture of the Queen in some type and are made very swiftly. Clearly, not everyone seems to be impressed with the collections. Many individuals think about this making the most of the demise of the Queen and provides NFTs a awful identify.

One NFT assortment that caught the eye of Twitter is the free-to-mint poorly drawn Queen Elizabeth Yacht Membership. One specific NFT picture is a drawing of the Queen knighting Captain Sir Thomas Moore. The tweet had over 1000 feedback, practically 1500 RTs, and 2000 likes.

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Well-liked NFT Tweeter @NFTherder stated, “Dude makes a “RIP The Queen” nft assortment. Couldn’t wait a day, might ya? Because of this folks hate NFTs.”

Who’s shopping for the RIP Queen NFTs?

Surprisingly, fairly a couple of of those NFTS have offered or minted. @sensorbotNFT, which data NFT gross sales exercise over half-hour, had some stunning knowledge within the following hours.

One 30-minute interval had 3 Queen-related NFTs within the high 5 NFT assortment gross sales. Lengthy Dwell The Queen had 762 mints throughout the half-hour, RIP QUEEN ELIZABETH II had 347 mints, and King Charles had 170 mints.

Collectively, that is over 1000 Queen NFTs and proves there was curiosity in these NFTs. Some folks gather souvenirs of great occasions in conventional kinds, reminiscent of newspapers. Maybe that is only a new digital method of remembering occasions for folks.

Cartoon image of Queen Elizabeth.
The free-to-mint NFT Queen Elizabeth Yacht Membership had many interactions on Twitter.

Utilizing NFTs for good causes

Not each NFT assortment is about revenue. During the last yr, we now have seen NFTs turn into a useful software in serving to folks. For instance, there have been tens of hundreds of thousands of {dollars} raised for Ukraine by the NFT group for Worldwide Girls’s day and Youngsters in Want. 

NFT philanthropy is a wholly new method of offering charity, and we already see it in motion. However, that is just the start, and who is aware of how this can change sooner or later. 

The assorted Queen NFT collections present that there are many opportunists on the market. Nonetheless, with a few of these free-to-mint and getting excessive engagement, we’d see a brand new method of marking historic moments. Solely time will inform, however for now, Twitter is split concerning the morality of those NFT collections.

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All funding/monetary opinions expressed by aren’t suggestions.

This text is academic materials.

As all the time, make your individual analysis prior to creating any sort of funding.

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