Ozzy Osbourne’s “CryptoBatz” NFT collection increased 1200% in value after news of his death broke. As a result, the floor price shot up more than 400%. The bats — now numbering nearly 10,000 — were conceived and created in partnership with the digital artist community and released on Ethereum in late 2021. Each one of those tokens pays homage to Osbourne’s infamous bat-biting incident, memorializing one of rock and roll’s most outrageous moments on the blockchain.
CryptoBatz Origins and Features
The CryptoBatz collection is Osbourne’s exhilarating introduction to the NFT realm. It released on OpenSea literally at the height of the NFT craze. These spooky screenshakers were not just glorified digital cutouts. They included a new special feature, allowing holders to fuse their CryptoBatz with other top NFT collections.
Holders were able to combine their CryptoBatz with NFTs from popular collections like Bored Ape Yacht Club, SupDucks, and Cryptotoadz. This imaginative implementation brought a new level of interactivity and utility to the CryptoBatz experience.
Market Reaction to Osbourne's Passing
So when Ozzy Osbourne’s death was first rumored and later announced, it led to a massive 4000% increase in interest and daily trading volume for the CryptoBatz NFTs. And once the announcement dropped, the floor price exploded. Undoubtedly, collectors and fans alike were clamoring to claim their own piece of Osbourne’s digital legacy.
The collection's value jumped over 400% following the news, reflecting the profound impact of Osbourne's passing on the market. This spike in interest is a perfect storm of celebrity culture, digital collectibles, and the emotional bond fans share with their favorite artists.
Financial Impact and Osbourne's NFT Interest
At the moment, the total market cap of the CryptoBatz collection is at $1.47 billion. Though Osbourne never made public just how much the project earned him, the newly-inflated value indicates a winning lottery ticket kind of financial effect.
In September, Osbourne revealed she was especially interested in buying a Bored Ape NFT. According to press reports, his wife, Sharon, nixed his request. Even so, today his CryptoBatz collection is the one thing that looms the largest over his legacy.
