NFT Traders Respond to ‘Simpsons’ Breakdown by Spending Millions on Knockoff Sets

A collection of NFTs that combine the aesthetic of CryptoPunks with elements of “The Simpsons” has hit nearly $2.5 million in sales in less than 24 hours, reaching the top spot on OpenSea after the long-running animated TV show featured fried NFTs in a special episode. .

The informal collection of Springfield Punks launched as a free mint on Sunday, with traders quickly snapping up 3,405 Ethereum NFTs. Since then, the project has seen a transaction volume of 1,311 ETH (over $2.4 million) according to the OpenSea marketplace. As of this writing, Springfield Punks NFTs are starting at less than 0.11 ETH (about $200) on the secondary market.

Springfield Punks, a self-proclaimed parody artist started by Reno Russo, went live on Sunday night. In terms of daily volume, the group stands only behind Bored Up Yacht Club (2,412 ETH) and CryptoPunks (1,893 ETH) at this writing.

A number of NFT collections seemingly inspired by “The Simpsons” sought to gain popularity at OpenSea Monday, e.g.SimpsonsHe said. “The Simpsons Authority” and “Springfield Monkeys by Reno Russo” are examples of other Simpsons-themed projects that have made an impact on OpenSea's front page.

Donuts, beer, and a blue beehive hairstyle are hallmarks of seminal comedy—but the results resemble many Profile Picture (PFP) NFT projects. A “Simpsons”-themed image was randomly plastered over thousands of simian-like creatures—in both cases.

The set was created last September, with “Chimpsons Authority” taking a special place following Sunday's episode. Since then, there have been nearly 600 sales of 6,996 Chimpsons. OpenSea.

The floor price of the set—or the cheapest NFT from the set for sale—increased overnight to 0.44 ETH ($840) from 0.03 ETH ($6). At the time of writing, Chimpson was trading at around 0.01 ETH ($19), according to OpenSea.

Sunday's episode of “The Simpsons” paid tribute to various NFT collections—including Beeple's. Daily: The first 5000 daysBut Bored Monkey Yacht Club and Kryptopunks have collected the iconic cameras as iconic projects.

Officially licensed NFTs from “The Simpsons” aren't tied to the new “Treehouse of Horror” episode, but the show has dipped its toes in NFTs before. In the year In 2021, to promote the launch of Disney+, Disney issued NFTs. Homer, Bart and the Skateboard In the marketplace VeVe.

Edited by Andrew Hayward.