100-artist NFT collaboration sells out in minutes, increases 7X in price in 24 hours

An NFT made up of 100 individual pieces from 100 different artists has sold out within minutes on the Rarible platform, raising almost $89,000. The Ultimate Artist Collaboration… crashed Rarible and then sold out in minutes — Loopify ‍♂️ (@Loopifyyy) March 3, 2021 Although the sale amount is far from record-breaking, the project is noteoworthy in that it is a mass collaboration th has taken shape through an individual non-fungible token, or NFT.  NFT curator “Loopify” told Cointelegraph the work had been inspired by the current limitations for lesser-known artists…