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IreneDAO NFT Project

What is IreneDAO NFT?

Chinese crypto influencer makes over $5 million in 10 days selling her photos as NFTs

A Chinese influencer’s non-fungible token (NFT) project has reached a trading volume of 2,300 ether (around $5.5 million) less than two weeks after its launch.

Singapore-based Yuqing Irene Zhao, 28, created the IreneDAO collection based on a sticker pack she made for her Telegram community, reported Cointelegraph.

The IreneDAO collection, which was launched on NFT marketplace OpenSea on Jan. 14, features 1,106 NFT images of the crypto influencer in different poses with crypto slang such as “gm,” “wen Binance” and “yes ser.” The collection’s slogan is “SIMP: Simplicity, Integrity, Meaning, and Purpose.”

The NFTs currently trade at a floor price of 1.47 of the cryptocurrency ether (approximately $4,668).

According to Zhao, she developed the IreneDAO NFT collection with libevm and business partner Benjamin Tang as part of their plan to create a decentralized platform called “Social Collectibles,” or “So-Col.” Zhao described So-Col as a “decentralized version of OnlyFans, Discord, Twitch and Patreon” where content creators can monetize their content by converting them into NFTs.

Irene Zhao

IreneDAO - Collection | OpenSea

IreneDAO is a global grassroots movement aimed at disrupting the creator economy. IreneDAO is for the people, by the people. Our core values are: Simplicity, Integrity, Meaning, and Purpose.

One of the NFT Minted on OpenSea

Social Media Profiles

Irene Zhao Twitter Profile

Crypto people have been trying to go mainstream for years. On the other hand web2 people have thought of crypto as a scam for years. We’ve been saying for some time that neither Defi or Gamefi can bridge that gap. We need Sociafi.

Irene Zhao Instagram Profile

Irene Zhao