Uninterested Unicorn becomes first NFT Project in Singapore to raise more than USD$1 Million in less than 10 Minutes

Uninterested Unicorns, a new generative NFT (Non-fungible token) avatar project by NEX10 LABS became the first Singapore-founded project to sell out more than USD$1 million (~307 Ethereum) worth of NFTs in less than 10 minutes from the launch of its public sale.

Started by Terence Ting, founder of Southeast Asian-based Esports organisation Team Flash and co-founder of The Asian Mint, an NFT media platform for asian collectors, NEX10 LABS aspires to create a generational NFT that both celebrates and enables artists and their work.

The Uninterested Unicorns co-founding team also includes fellow Singaporeans Ryan Teo and Lim Keng Hin, the lead artist and blockchain developer of the project respectively.

With Uninterested Unicorns, NEX10 LABS aims to showcase talents from Asia, and build a global intellectual property and a new shared economy with their community through Decentralized Finance and NFTs.

With a team of NFT enthusiasts and experts from Ubisoft, DAO ventures, Riot Games and more, NEX10 LABS built the project in just 3 months to sell out 6,900 Uninterested Unicorn NFTs. Post-sale, the collection traded for more than 1,000 ETH in its opening week, indicating a strong and healthy secondary market with more than 35% unique holders across a global community.

Buoyed by the success of this launch, NEX10 LABS will debut their very own cryptocurrency in October 2021 – $UCD, which will be linked to the expanding Uninterested Unicorns NFT collection.

The team is also currently looking to raise its first investment round before the end of 2021, and is planning for the pre-production of the Uninterested Unicorns game, which will integrate the expanding Uninterested Unicorns NFT metaverse collection.

NEX10 LABS has also partnered with top Asia-based Esports teams EVOS Esports and Bren Esports to introduce the Esports and gaming community to the NFT space, launching Asia’s first NFT Metaverse party with DJ Jade Rasif earlier in September.