Ethereum News Today: Forexus' NFT Collection Sells Out in Minutes Surpasses 4,000 ETH in 24 Hours on MegaETH Testnet

Forexus, a 36-year-old 3D artist based in Ecuador, has launched a non-fungible token (NFT) collection titled Brass Coin on the MegaETH testnet, selling out during its public phase within minutes. The project generated over 4,000 ETH in 24 hours, with NFTs granting holders early access to Forexus’ upcoming mainnet release on the MegaETH blockchain, slated for Q4 2025. The collection was minted on Rarible, a multi-chain NFT marketplace supporting Ethereum, Tezos, Polygon, Solana, and Immutable X. Social media activity highlighted the NFTs’ utility as a gateway to Forexus’ mainnet debut, with one collector noting the floor price had risen to 194 ETH within hours [1].

Forexus, known for his photorealistic 3D art and chaotic, Web3-infused style, has previously collaborated with platforms like Rarible on projects such as the animated Rise of Abstract. His technical expertise in tools like Cinema 4D and Redshift, combined with his role as an OG member of RARI DAO, positions him as a bridge between traditional art and blockchain innovation. The Brass Coin collection emphasizes dynamic textures, lighting, and a fusion of abstract aesthetics with Web3 concepts, appealing to niche audiences valuing technical mastery [1].

The rapid sell-out underscores growing demand for Web3-native art, particularly from creators who blend conceptual creativity with technical execution. The project aligns with broader NFT market trends where artists leverage blockchain to monetize digital works and engage directly with collectors. The use of MegaETH’s testnet—a Layer 2 solution designed to process 100,000 NFT transactions per second—reflects efforts to address Ethereum’s scalability challenges. This infrastructure also signals strategic momentum ahead of MegaETH’s mainnet launch, which aims to enhance transaction speed and reduce costs for NFT interactions [1].

Analysts suggest the success of Brass Coin highlights a maturing NFT ecosystem where collectors prioritize long-term utility over speculative hype. The limited supply and exclusive access rights embedded in the NFTs exemplify how artists are creating tiered engagement models. The integration of scalable blockchain solutions like MegaETH further supports sustainable adoption, as projects combining artistic innovation with technical efficiency attract sustained interest from both collectors and institutional players. Forexus’ background in 3D modeling and active participation in Web3 communities reinforce his role as a figure driving innovation in the space [1].

Source: [1] [Forexus Drops An NFT Coin – Public Phase Sells Out In Minutes] [https://insidebitcoins.com/news/forexus-drops-an-nft-coin-public-phase-sells-out-in-minutes]