Ozzy Osbourne passed away yesterday, July 22, at 76 years of age.
This collection was released in 2021.
The non -fungible tokens market (NFT) registered a strong movement after the death of Ozzy Osbourne, the leader of the legendary Heavy Metal Black Sabbath, which occurred on Tuesday, July 22.
Minutes after will confirm The death of the 76 -year -old British musician, the price of his official NFT collection called Cryptobatz, shot 594%, from 0.018 Ether (ETH) to 0.125 ETH in a matter of minutes, according to the data of the Marketplace Magic Eden.
The collection was launched December 2021, as reported by cryptootics, and is composed of 9,666 unique digital pieces. Each NFT represents a bat inspired by the moment In which Osbourne bit one’s head during a concert in 1982event that marked its public image since then.
Despite the rapid initial increase, the market corrected in the following hours. The base price of the collection retreated about 60% from the maximum reached and was located at 0.05 ETH at the close of this report.
Cryptobatz is a NFT collection developed together with the Sutter Systems firm and from its origin incorporated a mutation function: each token can “bite” another NFT of recognized collections and create a new hybrid work called Mutantbatz. This mechanism attracted collectors and users from other digital communities such as Bored Ape Yacht Club, Supduks and Cryptoadz.
Ozzy Osbourne was one of the first artists of his generation to venture into the NFT ecosystem. His proposal aimed to combine digital memorabilia with new verifiable property technologies in decentralized networks. The NFTs were issued in the Ethereum Network, with a minting process limited to a single generation.
The singer died at age 76 at his residence, weeks after having offered a farewell concert in Birminghamcity where Black Sabbath was founded, the band with which he started his career. The event was cataloged as a symbolic closure for a musical trajectory that covered more than five decades.
Since its launch, the Cryptobatz collection was subject to attention by the followers of Osbourne and cryptocurrency users. Although the project had a moderate reception in 2022, the recent interest rebound has placed the NFT again in the radar of the secondary market.
