Radhika Parashar
- Osbourne had launched his NFT collection with 9,666 collectibles
- All the NFTs depicted variations of colourful cartoonized bats
- The Black Sabbath breathed his last in Birmingham, U.K. at the age of 76
Ozzy Osbourne, the lead singer of the cult classic band from the 70s “Black Sabbath”, came to his final rest on July 23. Following the demise of the “Dreamer” singer, his fans raced to acquire NFTs from his “CryptoBatz” NFT collection that was launched in January 2022. In the last few hours, the floor price of Osbourne’s bat-inspired NFTs rallied by up to 400 percent before slightly receding, multiple reports claimed.
Data by NFT marketplace OpenSea, at the time of writing showed, that the present floor price of the CryptoBatz NFT stands at ETH 0.0488 (roughly $175.95). The floor price represents the lowest price at which an NFT is currently listed for sale on a marketplace. Before the singer’s demise, his collection’s floor price was at ETH 0.02 (roughly $72) and at its highest, the floor price reportedly rose to ETH 0.08 (roughly $288).
The NFT dubbed “MegadragonBat” currently stands as the most expensive NFT from the collection – retailing at ETH 99 (roughly $356,976) on OpenSea.
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Osbourne had announced his NFT collection in December 2021 and made it live on OpenSea a month later, in January 2022. The collection featured a total of 9,666 NFTs – all showing variants of colourful cartoonized bats with different expressions.
The Black Sabbath singer, famously known as the Prince of Darkness, drew inspiration from one of his most iconic on-stage moments for his first and only NFT collection – bats. This choice instantly took fans back to Osbourne’s 1982 performance in Des Moines, Iowa, where while performing live, he had bit the head off what he thought was a rubber bat, only to discover it was real.
During the launch of his NFT collection, Osbourne had told The Rolling Stone that he had been wanting to explore the digital collectibles space for a while. He even asked his wife to gift him an NFT from the popular Bored Apes Yacht Club (BAYC) collection for Christman one time – but after she refused to spend thousands on this NFT gift, he decided to launch a collection of his own.
Just weeks after performing in the Villa Park stadium in Birmingham, England, Osbourne breathed his last on July 22 in Birmingham at the age of 76. He was struggling with multiple health issues including a diagnosis of Parkinson’s disease.
Black Sabbath co-founder Tony Iommi, paid homage to his late band member, saying that the band has lost their brother.
