E.T. Model with Partnered NFT Sells for $2.6 Million

What happens when Hollywood meets Web3? The original E.T. model along with a one-off NFT has sold at a Hollywood-themed auction for a whopping $2.6 million. A memorabilia set that included the E.T. model and the NFT went quickly at Julien’s Auction.

The 1982 blockbuster movie, E.T. The Extra-Terrestrial, remains an all-time sci-fi alien classic with fans spanning the globe. Produced and directed by Steven Spielberg, the film stole hearts and racked up sales at the box office for years.

The memorabilia set debuted as one of the collections in The Icons and Idols: Hollywood auction. Stealing the show at an event held in collaboration with Turner Classic Movies featuring over 1,300 Hollywood artifacts. The E.T. model included Rambaldi’s original maquette model of E.T. and of course the corresponding NFT.

Sold for $2,560,000. The original, first mechatronic E.T. from the production of the iconic film E.T. the Extra-Terrestrial.

Sold in Julien’s Auctions and TCM present “Icons and Idols: Hollywood” Saturday and Sunday in Beverly Hills and online at https://t.co/tzS6JKLi4p. pic.twitter.com/0BUH8VjC7a

— Julien’s Auctions (@JuliensAuctions) December 18, 2022

Over the course of the illustrious event, the E.T. set faced fierce competition. The auction also featured Daniel Radcliffe’s Nimbus 2000 broom from Harry Potter and the Prisoner of Azkaban, and Chris Evan’s shield from Captain America: The First Avenger, to name a few. Despite this, the one of a kind piece of E.T. memorabilia blitzed the competition and became the most talked about item at the show.

The E.T. model NFT stands as solid proof that big industries (such as fashion, music, and Hollywood) see value in Web3 projects. NFTs offer a way to crystalize a moment in time and give holders exclusive ownership rights as well as an indestructible keepsake.

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*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.