Artist Spotlight: XCOPY - The Most Important Crypto Artist Ever
A deep dive into the Crypto Artist XCOPY.
XCOPY is a London based crypto artist who originally started creating NFTs in 2018. Being just the second artist to ever mint on the platform SuperRare, XCOPY is one of the earliest pioneers and innovators of the NFT space.
XCOPY’s unique style is unmistakable, vibrant gifs with moving parts and colors creating masterpieces, impossible to take your eyes off of. No where else can art remotely similar be found, this defined style is part of the reason XCOPY is so sought after by collectors.
The XCOPY floor is not cheap and has been seeing consistent growth. Currently, the cheapest XCOPY available is the NiftyGateway open edition piece “Afterburn” which is available on Opensea for 4.5 ETH. After that, the floor thins out quickly. The next cheapest available is an open edition piece also from NiftyGateway called “Guzzler” and it has a floor of 11 ETH. The cheapest 1/1 Xcopy available on the secondary market is available for 180 ETH ($560,000). As the bull market surges forward, the XCOPY supply continues to thin.
On August 3rd, 2021, XCOPY set a personal record with a primary sale ending at 336 ETH ($1,085,000) on the piece “summer.jpg”. This is the third highest sale ever for an XCOPY behind “Death Dip” which sold for 1,000 ETH ($3,225,000) on March 24th 2021 and “Reflection” which sold for 475 ETH ($1,500,000) on March 31 2021. XCOPY is fourth all time in primary sales on SuperRare with $1,675,345 and 2,100 ETH of XCOPY has been traded on OpenSea.
I believe XCOPY is the most important crypto artist ever. With over 50k followers on Twitter, XCOPY is a prominent figure and beloved in the space, always connecting and entertaining the community. Collectors love everything XCOPY because of the visual appeal and historical significance. The biggest influencers in this space are very open about their bullish opinions on XCOPY. @Beaniemaxi, @Punk4156, and @mattmedved are all XCOPY owners of various pieces. The majority of XCOPY owners vault their collections, unavailable for purchase by the public. Being “early” or “first” adds massive value to anything in the NFT space. Truly being one of the first crypto artists to date, XCOPY will always hold a premium over competitors who simply were not as early.
There has been a lot of chatter around Twitter during this NFT bull run that 1/1 crypto art is going to be the next sector to take off, and that has absolutely started. Slowly, 1/1s across the space are becoming harder to obtain as more and more collectors seek it. A 2018 XCOPY 1/1 is the ultimate NFT grail, with hardly any NFTs, especially artwork, being more valuable. These pieces will be nearly priceless and easily surpass seven figures USD every time they change hands. Massive 1/1 sales will continuously raise the floor on everything XCOPY.
With every record breaking sale, the demand for XCOPY continues to grow. A true pioneer in this space, Xcopy will forever be one of the most important crypto artists to live. Congratulations to anyone who gets their hands on an XCOPY, I know I will never sell mine.