Johnny Depp NFT Sales Spike Post Defamation Verdict Outcome

• Depp introduced his NFT assortment ‘By no means Worry Fact’ in late January 2022.
• NFT assortment witnessed a buying and selling quantity of $352,000 after the judgement.

The worth of Johnny Depp’s NFT assortment surged dramatically. Depp received on all three of his prices when the jury discovered that Heard not solely uttered false and defamatory claims but additionally did so with “precise malice,” as they put it.

Depp introduced his NFT assortment ‘By no means Worry Fact’ in late January 2022. Solely 1500 Ethereum have been traded on it since its inception. Regardless of this, the identical NFT assortment witnessed a buying and selling quantity of $352,000 after the judgement.

Authentic Paintings by Depp

The gathering consists of 3,850 NFTs, which embody unique paintings by Johnny Depp. The actor’s assortment is titled “Buddies and Heroes” and options portraits of people he’s met personally or who’ve influenced him in some way.

For the reason that ruling, Depp’s NFT has offered 212 models, in response to OpenSea statistics. A median of 0.8 ETH has been paid for every NFT. Since March 2022, Depp’s assortment has solely witnessed a handful of gross sales. With 11,111 generative artwork NFTs, the gathering had a beginning worth of 0.70 ETH when first launched to the market.

Heath Ledger, Elizabeth Taylor, Al Pacino, Hunter S. Thompson, Tim Burton, and River Phoenix are just some influences on Johnny Depp’s newest assortment. Among the many 607 self-portraits was a portrait of the artist’s canine, himself, and a determine primarily based on his youngster’s goals.

Then again, jury members determined that Johnny Depp needs to be awarded greater than $10 million. Even nonetheless, Johnny Depp’s triumph was not full. Heard’s counterclaim was likewise discovered to have benefit by the jury. Though they threw out two of Heard’s three claims, they concluded {that a} lawyer representing Depp had defamed her by accusing her of scuffling about within the couple’s flat to make it appear worse to the cops. The jury granted her $2 million.