Feb 19, 2025

Solana Traders Record Modest Profits On Mfers NFT Sales

From a simple stick-figure collection to a decentralized NFT sensation, Mfers has taken the crypto world by storm—now making waves on Solana

The average dealer profit from Mfers NFT sales reached $6.48 per token on February 12th, 2025. The current NFT trading environment demonstrates success through any type of profit, even though this profit sits below $6.48 per NFT.

On November 30, 2021, Satoshi introduced Mfers as a collection of 10,021 hand-drawn stick-figure NFTs. These were available at 0.069 ETH, and all pieces were purchased within ten minutes when the artists earned over $1.5 million.

The project operates through an open, decentralized system without a roadmap or central authority to become the ultimate expression of public domain ethos.

Sartoshi will continue to receive 25% of royalties, with the remainder going to the rest of the development team.

The Mfers collection, developed on Ethereum, later migrated to the Solana blockchain because it provides reduced fees and faster speed. The organization introduced NFT trading on Solana to expand its audience while minimizing costs.

Mfers NFT sales on Solana generate an average profit of $6.48 per transaction, proving that even small margins contribute to a growing market.

Similarly, the NFT market has experienced significant fluctuations. In January 2025, NFT sales dropped by 39%, indicating a rocky start to the year.

Despite these challenges, Solana has demonstrated resilience.

Everyone wanted a piece of this stick-figure action, and after launching in November of 2021, mfers generated over $1.5 million in sales.

The Mfers project has cultivated a dedicated community drawn to its minimalist art and the freedom it offers. The public domain status of the artwork allows holders to utilize their NFTs in various creative ways, fostering a culture of inclusivity and innovation.

Sources claim that Sartoshi handed over all authority surrounding the MFers project to the community.

As the NFT landscape evolves, projects like Mfers on Solana exemplify the blend of artistic expression and financial opportunity that defines this space.

As NFTs shift toward community ownership and public domain models, Mfers could set the standard for a new wave of decentralized creativity. Whether this trend sustains in a volatile market remains to be seen.

Traders and collectors are advised to stay informed about market trends and project developments to navigate the complexities of NFT trading effectively.

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