Metaverse Blockchain Fusion DOT™️ company, Coinllectibles™️ (OTC: COSG) is pleased to provide an update on the transaction performance of the inaugural Fusion DOTs™️.
The first batch of Fusion DOTs™️ that was put up for sale was made up of collectible ceramic art pieces, which had independent valuations ranging from US$64,300 to US$128,600. For the launch, Coinllectibles™️ sold the inaugural batch of Fusion DOTs™️ for a total of US$251,034.
Based on records available on OKEx, the items were collectively bought and resold by 10 different buyers, each represented by a unique OKEx wallet ID. As at 6pm (GMT+8) on 17 Sep 21, the total transaction value for the inaugural batch of Fusion DOTs™️ stands at US$2,459,034. This figure is derived by adding all the successful transactions of the Fusion DOTs™️ since it was launched on 7 Sep 21.
In terms of capital gains, the inaugural Fusion DOTs™️ were last transacted for a collective value of US$835,074. This works out to be a 333% increase from the original value of US$251,034. Coinllectibles™️ #001 saw the largest capital gains – with the last transacted price of US$650,000, the item saw a 685% increase from the original selling price of US$94,850.
Profits wise, each buyer made an average of US$83,430. On the other hand, the top 2 most profitable transactions saw Fusion DOT™️ owners making US$190,000 and US$140,000 respectively.
Commenting on the resale activities, Gerald Gn, Corporate Finance Director of Coinllectibles™️ said, “As a company, we observe the resale market activities with much amusement. Coinllectibles’ mission is to find good projects for our Fusion DOTs™️ and we do not really focus on how our Fusion DOTs™️ perform in the resale market. However, the fact that there is much interest in the resale market for the Fusion DOTs™️ seems to suggest that we must be doing something right – in terms of unlocking the demand for collectible items within the crypto-community.”
“When Coinllectibles™️ started, we had a belief that there was a huge yet latent demand for physical collectibles among the digital currency holders. Based on Statista, more than US$12billion worth of arts and collectibles were sold online in 2020. This was a 100% increase from the year before. Such trading activities seem to suggest that our Fusion DOTs™️ can offer collectors another way to invest and make money. This also reinforces our belief that the future for DOTs will be a fusion of physical and digital DOT ownership. We are still in our early days, however we are very encouraged by the early results,” Gn added.
Currently, the 3 collectible items from Coinllectibles™️ Bronze Series 1 are still listed on OKEx DOT marketplace. The resale Coinllectibles #001 is presently on sale for USDT1,000,000 and can be viewed from https://www.okex.com/defi/DOT/markets/detail?id=29978. The resale Coinllectibles #002 is presently on sale for USDT153,000 and can be viewed from https://www.okex.com/defi/DOT/markets/detail?id=29979. The resale Coinllectibles #003 is presently on sale for USDT117,000 and can be viewed from https://www.okex.com/defi/DOT/markets/detail?id=29980.
Following the success of the inaugural launch, Coinllectibles™️ is gearing up for the next launch. For pre-registration of interest for future Fusion DOT™️ drops, please visit www.Coinllectibles.Art or join the Coinllectibles™️ Telegram Channel at https://t.me/Coinllectibles.