Grimes made more money from her NFTs than from his music

Grimes NFTs
Canadian singer-songwriter Grimes (Claire Elise Boucher) attends the world premiere of "Captain Marvel" in Hollywood, California, on March 4, 2019. (Photo by Robyn Beck / AFP) (Photo credit should read ROBYN BECK/AFP via Getty Images)

Grimes Reveals She Made More Money From Her NFT Collection Than Her Music Career

Grimes, whose real name is Claire Boucher, gave an interview to Wired last week. At one point, the outlet asked her about her involvement in the crypto space, and she responded.

Yes, it has gone very well. I am saddened by what has happened to NFTs and crypto as they were quickly tainted by people trying to make as much money as possible. But I want to think about rewarding artists, especially digital artists. And I hope that when the aggressive fashion fades, we can come back,” Grimes said.

The 35-year-old singer then mentioned that her foray into NFTs had “really changed her life.” “He had a real vision, and we ended up doing one of the first big projects,” she added.

When asked “Have you made more money from NFTs than from your music career?” Grimes simply answered “yes”.

In the spring of 2021, when the NFT fever was at its peak, his War Nymph non-fungible token project sold out on the Nifty Gateway platform, generating $6 million.

At that time, big stars in the music industry like Snoop Dogg, Deadmau5, and Steve Aoki also dove into the NFT ecosystem. The latter declared last year that he had made more money from his mint than in a decade of music and 6 albums.

Enthusiasm for NFTs has since waned and prices have plummeted. The floor price of large token collections has dropped significantly in the last 12 months.