Graphic Designer Becomes Multimillionaire By Recreating Rolex Watches Digitally On NFT – One Goes for N31m
- There seems to be a new way to make money online, especially for graphic designers, and it surprises many.
- Graphic Designer Sells 3D Animation NFTs Of Rolex Watches For Much More Than Original Cost
- Its innovation causes online steers and increases confusion over who the buyers are and what it is for
Jesus Calderon, a 29-year-old watch enthusiast and crypto advocate, made his fortune producing and selling expensive Rolex 3D-animated watches as NFTs (non-fungible tokens).
Its Generative Watches collection now includes two main lines, the Rodex Daitona and the Rodex Bitmariner.
He creates the 3D animations using an algorithm and uploads the finished product (a JPG or a GIF) to his store, where fans pay generously in an abstract form of currency (Ethereum).
A student converts his selfie into NFT and sells them for 415 million naira
Calderon collections are more expensive than real watches
According to Bloomberg, the Rodex Daitona – derived from the term Rolex Datyona – is offered for 20 Ethereum, or just over $76,500. (N31 million).
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The cheapest Rolex Daytona costs around $18,000 on the company’s official website.
Calderon also has a Rodex Bitmariner (Rolex Submariner) for sale at the price of 20 Ethereum.
In an interview with one of the world’s most popular watch magazines, Hodinkee, he said:
“I thought people would love to have great looking 3D watches as collectibles, especially if they’re representative of their real-life counterparts.”
“Today, a watch made from pixels that you store on your hard drive and flaunt on social media can command as many as a Rolex Submariner. Welcome to the future.”
Price check: BBNaija Mercy star’s designer shoes in New Year’s photos worth over N400,000
Investors are in tears as over $3 billion worth of bitcoins are wiped out
Meanwhile, bitcoin investors have seen over 1 trillion naira wiped out of their investment as the cryptocurrency crashed in the past 24 hours.
At its lowest on Saturday, one unit of Bitcoin fell below $42,000, losing up to 22%, according to a Reuters report.
The drop comes amid Christmas risk aversion drawing inspiration from global stock markets, which have remained volatile for the same reason.