Micah Johnson’s Iconic NFT Auction Breaks Records with $1 Million in One Minute

Unprecedented Success in the NFT Space

Micah Johnson, not just a former MLB player but also a visionary artist, recently made waves in the NFT world by selling an astonishing $1 million worth of his tokenized art in the blink of an eye—specifically, just one minute. This record-breaking event took place on the Winklevoss-owned NFT marketplace, Nifty Gateway, during an auction that ran from February 21 for an exciting 28 hours.

The Art and Its Origin

The star of the show was a painted sculpture called AKU: The Moon God, made from hand-casted resin. Johnson was inspired to create AKU after a poignant conversation with his sister, who faced the heart-wrenching question posed by her son: “Mom, can astronauts be black?” This moment ignited a creative spark in Johnson, leading him to paint his nephew as an astronaut, ultimately evolving into the AKU character—symbolizing boundless potential.

A Lucrative Auction

As if the $1 million in the first minute wasn’t enough to raise eyebrows, the entire auction raked in a whopping $2 million. The physical AKU sculpture made waves too, fetching $305,000. This prized piece will be safeguarded in a vault for two years, but fret not, the buyer will have exclusive access to view it.

Viewing and Trading Opportunities

The unique aspect here? The purchaser has the opportunity to resell the sculpture at any time by transferring their token. Talk about a nifty way to mix art with commerce!

AKU: A Symbol of Inspiration

Johnson believes in the power of art and NFTs to create experiences that transcend the digital realm. The creation of AKU wasn’t just for profit; it was a heartfelt endeavor to encourage others. Reflecting on the significance of his work, Johnson said, “I wanted to give him life, bring that to light, and let the other kids or other people, adults, whoever felt like they were stuck, have a symbol to relate to the whole world.”

Community Support and Secondary Market Trends

The auction received an outpouring of support from the crypto community, with notable figures celebrating its success. Within just 36 hours post-auction, tokens related to AKU generated almost $500,000 in secondary market trades, further cementing the demand for this groundbreaking work.