Cryptocurrency: Digital artist nets hundreds of thousands in NFT sale

Graphic Designer’s Digital Artwork Sells for Nearly £500,000 as NFTs

Graphic designer Ashley Crossland says the success of his designs was unexpected
Graphic designer Ashley Crossland says the success of his designs was unexpected

Overnight, a graphic designer named Ashley Crossland from Cardigan, Ceredigion, has soared to become one of Wales’ most commercially successful artists. His collection of digital works, consisting of 7,200 individual pieces, was sold as non-fungible tokens (NFTs) for a staggering sum of almost £500,000.

Read More:
Major Theatre Operator Intrest in St David’s Hall
Cardiff splash pad closes temporarily days after opening
Cardiff Council paid out hundreds of thousands in compensation
Owners of Two Acclaimed Welsh Pubs Expand with New Restaurant in Brist
Coroner’s Report Reveals Head Injuries in Electric Bike Crash Tragedy
Qatar Airways Announces Plans to Resume Operations at Cardiff Airport in 2023
Geraint Davies: Labour MP suspended over behaviour claims
Couple who paid builder £27k for porch ‘left without roof or front door 10 months later’

NFTs serve as certificates of ownership and provide copyright protection for digital creations. Crossland’s series, centered around anthropomorphized stags, was sold in exchange for the cryptocurrency Cardano, with each design being unique.

Expressing his astonishment at the success, Crossland said, “I never thought it would be this successful.” He attributed the popularity of the series to the combination of his passion for art and technology, which drew him to the NFT space. He further explained, “I was drawn to the NFT space because it creates the possibility of digital collectability, something that wasn’t as easy before.”

Crossland initially shared sketches of humanoid deer in online communities, and the project swiftly gained substantial interest, culminating in its massive success. The general sale took place over two days at the end of March, and since then, individual pieces from the collection have been resold for the equivalent of up to £6,500 in Cardano.

While NFTs have garnered enthusiasm among digital artists and collectors, they have also faced criticism due to the environmental impact of the underlying technology, which requires significant energy consumption.

Leave a Reply

Your email address will not be published. Required fields are marked *