Ozzy Osbourne’s CryptoBatz spiked after he passed on – a grotesquely intriguing momentary boom in the NFT metaverse 9,966 digital bats, "biting" Bored Apes. The Prince of Darkness going all in on digital collectibles. It's news. But it highlights something far more important, a glaring imbalance in the NFT space:...
The headlines scream: "Ozzy's CryptoBatz Soar!" An incredible 400% increase in value since his passing. Sounds like a rock ‘n’ roll fairytale ending, sure. Wrong. This isn't some heartwarming story of posthumous appreciation boosting a legitimate artist's vision. This example is deeply troubling and more appropriately showcases the audacity of...
The NFT landscape can be a bit like the Wild West. Ozzy Osbourne’s CryptoBatz collection, recent events help to illustrate a compelling convergence of celebrity legacy, digital artistry, and speculative market forces. Following the legendary rocker's death at the age of 76, the CryptoBatz NFT collection experienced a notable surge...
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...
The passing of iconic rocker Ozzy Osbourne at the age of 76 triggered an unexpected phenomenon in the digital collectibles market: a dramatic surge in the value of his CryptoBatz NFTs. This article will unpack the ‘death effect’ that accompanies CryptoBatz. It unpackages the ways this phenomenon distorts value, warps...
Ozzy's gone, and suddenly, CryptoBatz are hot. A 400% price jump? It’s a collective digital wake, encouraged by our grief, nostalgia and a hefty helping of FOMO. Come on – are we paying tribute to the legacy, or just looking to pad our bottom line with a cheap cash grab?...
Ozzy Osbourne's recent passing, while a sad event for music fans worldwide, triggered a bizarre phenomenon in the digital realm: a 400% surge in the floor price of his CryptoBatz NFTs. Many would consider that, in and of itself, to be a proper commemoration of his legacy. Rather, I view...
When the legendary Ozzy Osbourne passed on, the floor price of CryptoBatz went crazy. This series includes 9,666 unique bat-themed digital creations that wowed thousands of collectors. The smart contract for the collection, released in December 2021, made waves at first thanks to Osbourne’s star power. This recent price jump...