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Home » Johnny Depp’s Ethereum NFTs jump after winning a court case against Amber Heard.

Johnny Depp’s Ethereum NFTs jump after winning a court case against Amber Heard.

Hania by Hania
June 3, 2022
in General News, NFT News
Reading Time: 2 mins read
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Johnny Depp’s Ethereum NFTs jump after winning a court case against Amber Heard.
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Photos of several figures Depp refers to as “friends and heroes” can be found in the NFT collection on OpenSea.

Now since Johnny Depp won a defamation suit over ex-wife Amber Heard yesterday, the value of an NFT collection showcasing his artwork has increased.

pic.twitter.com/YAjoA4PxJ1

— Never Fear Truth (@JohnnyDeppNFT) June 1, 2022

Until this writing, the 3,850 “Never Fear Truth” NFTs have a floor price of 0.52 ETH (approximately $944).

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The collection hasn’t experienced any traction from March 11, when its floor price reached with 1.64 ETH, prior televised defamation trial.

According to CoinMarketCap, Ethereum was trading at $2,664 at the time. With a base price of 0.70 ETH, the collection was first released in January.

Depp’s artwork is featured in the “Never Fear Truth” collection of generative art on OpenSea, which is minted on Ethereum. MakersPlace certified the project’s authenticity last month.

Heath Ledger, Tim Burton, River Phoenix, Elizabeth Taylor, Al Pacino, and Hunter S. Thompson are some of the “Friends and Heroes” from Depp’s past included in the collection.

Depp appears in 607 of the pieces.

Johnny Depp's Ethereum NFTs jump, After winning a court case against Amber Heard.“Every photograph is a representation of how they have disclosed themselves to Johnny, an intimate reflection of their character in his eyes.”

Depp is far from the first controversial figure to enter the NFT industry. Ice-T, the rapper-turned-actor, released an NFT range with Niftify in December.

The protest song “Cop Killer,” written from the perspective of a character fed up by police brutality, was included on Ice-1992 T’s album “Body Count,” which sparked nationwide outrage.

Of course, NFTs have created controversy, with gamers and artists condemning what they see as a cash grab or worse, a scam.

Not to mention the environmental impact of NFTs minted on proof-of-work blockchains such as Ethereum, which is migrating to a proof-of-stake protocol.

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Hania

Hania

Hania is a 30-year-old blogger who used to be a teacher before entering the world of writing. She is originally from India and has been writing blogs on various topics for 2 years now. Hania is particularly interested in exploring the intersections of finance, technology, and cryptocurrency. Her experience as a teacher has given her unique insights into the ways in which digital media can be used to facilitate learning and engagement. Through her writing, Hania hopes to share her knowledge and learning of crypto industry with everyone.

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