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Couple make nearly $120,000 in under 6 hours selling NFTs to save home from foreclosure
Posted on 1/24/22 at 7:05 pm
Posted on 1/24/22 at 7:05 pm
quote:
After Thorne Melcher lost her job as a software engineer in February, bills started piling up. Her girlfriend, Mandy Musselwhite, was able to cover a few expenses selling her artwork, but the couple quickly fell behind on their mortgage payments.
Melcher and Musselwhite own a homestead outside of Atlanta. Not only did they spend most of their savings to afford the $300,000 property in 2019, but it includes a farmhouse where they've raised six ducks, two geese and other animals.
"I knew we had to think of something," Musselwhite, 25, tells CNBC Make It. "We really didn't want to lose this property. We love it here. The animals love it here."
Fearful of foreclosure, the couple co-created Dastardly Ducks, a collection of 10,000 cartoon duck nonfungible tokens (NFTs) generated by code with unique combinations of over 100 different traits, in order to raise money. The couple launched it Wednesday and it sold out in less than six hours, earning them just under $120,000.
"We saved our farm by selling cartoon ducks. It was like a fever dream," Melcher, 33, says. "They immediately started going so fast. I couldn't sleep until they were all gone."
Although the couple wasn't already known in the NFT space, a small group of supporters helped generate interest in the project.
It was perfect timing too. The couple owed $35,587 in mortgage back-payments and had to drop off a check to their lawyer on Thursday, or they would've been expected to appear in court on Friday. But Musselwhite was able to hand over a $40,000 check instead, putting them ahead on their payments.
LINK
Posted on 1/24/22 at 7:07 pm to stendulkar
quote:
10,000 cartoon duck nonfungible tokens (NFTs) generated by code with unique combinations of over 100 different traits, in order to raise money. The couple launched it Wednesday and it sold out in less than six hours, earning them just under $120,000.
Pretty freaking weak
Posted on 1/24/22 at 7:07 pm to stendulkar
What, she can’t start an onlyfans like any respectable person would???
Posted on 1/24/22 at 7:07 pm to stendulkar
I’m glad it worked out for them
Posted on 1/24/22 at 7:08 pm to stendulkar
Good for them for cashing in on a fad, but damn this economy/society is off the rails. 

Posted on 1/24/22 at 7:09 pm to stendulkar
I don't understand any of this.
Posted on 1/24/22 at 7:10 pm to stendulkar
I didnt know what NFT means. Im such a moron!
Posted on 1/24/22 at 7:10 pm to stendulkar
Glad that worked out but you have to be a pretty unsavory frick to get laid off as a software engineer now days. There just aren’t enough of them out there.
Posted on 1/24/22 at 7:11 pm to stendulkar
Don’t know what any of that means….but good for them.

This post was edited on 1/24/22 at 7:20 pm
Posted on 1/24/22 at 7:12 pm to BeerMoney
quote:
you have to be a pretty unsavory frick to get laid off as a software engineer now days.
He probably trained his foreign replacement before being laid off
This post was edited on 1/24/22 at 7:13 pm
Posted on 1/24/22 at 7:12 pm to lsusteve1
quote:
America
A fricking mess.
Posted on 1/24/22 at 7:13 pm to stendulkar
I don't want to live anymore.
Posted on 1/24/22 at 7:13 pm to stendulkar
Some people in this country have far more money than they have brains.
Posted on 1/24/22 at 7:13 pm to stendulkar
I still don’t understand where NFTs fit in between the screenshot and the copyright
Posted on 1/24/22 at 7:14 pm to stendulkar
35k in missed payments on a 300k house bought in 2019 that they spent most of their savings on?
Posted on 1/24/22 at 7:15 pm to GregMaddux
quote:
He probably trained his foreign replacement before being laid off
Lesbians brah
Posted on 1/24/22 at 7:16 pm to BuckyCheese
quote:
I don't understand any of this.
No sane person does.
Posted on 1/24/22 at 7:16 pm to boosiebadazz
Am I the only old bastard that has no idea what these NFTs are and how they work?
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