The death of Queen Elizabeth II is a momentous occasion since it ended a long reign that saw the globe experience significant development, tragedies, and victories.
It’s also an excellent time to work hard. Within minutes of the news of her passing, people started filling online marketplaces with non-fungible token (NFT) artworks of the long-reigning monarch, never missing an opportunity to profit off the globe’s attention.
On the well-known online market OpenSea this morning, thousands of NFTs were posted, ranging from images of the Queen to pixel art related to well-liked NFT collections.
Key Highlights:
- The last original is the 73rd NFT in the QueenE collection.
- On OpenSea, QueenE NFTs are being sold on secondary markets.
- Future “Gen2” collections have been alluded to by the project’s developers.
Overview of the NFT project
Following the passing of England’s long-reigning monarch, an Ethereum NFT initiative that generated dozens of pieces of Queen Elizabeth II commemorative artwork over the past two months is currently holding its final auction for the collection.
Early in July, QueenE began holding auctions for a single Ethereum NFT portrait created to memorialize the late Queen. The project was reportedly developed by Web3 builder Fabio Sevá and the anonymous mladen.eth. It was intended to continuously release new procedurally generated works for the remainder of the Queen’s reign.
The initiative borrowed its style and technology from Nouns. This innovative NFT project allows buyers into an exclusive club by auctioning off a single Ethereum-based profile photo each day but added a royal touch by offering up low-resolution images of Queen Elizabeth II. The QueenE auctions were once held every several hours, but they now often happen once daily.
The initiative declared that the current auction—for the 73rd Ethereum NFT in the collection—will be the last one offered as a part of the original collection after learning of the Queen’s passing today at 96. However, the QueenE Twitter account hinted at a forthcoming “Gen2” collection.
