Two numbers appear in my materials, and they measure different things. The resume says the project grossed roughly $70M: that is revenue the project captured, meaning mint proceeds plus marketplace royalties plus the treasury’s 15% share of all in-game token spend, valued at the time. The personnel file says the economy drove over $100M in on-chain volume: that is every transaction the economy produced, players included. Ethereum is a public ledger, so both claims have receipts. The volume, itemized:
| Component | Volume | USD | Source |
|---|---|---|---|
| Primary mint (auction + packs): treasury balance at peak, Feb 5, 2022 | 15,952 ETH | $48.2M | Etherscan analytics, treasury wallet |
| Heroes, secondary trading (lifetime) | 14.8K ETH | $24.9M | NFTFeed · OpenSea |
| Fighters, secondary trading (lifetime) | 14.1K ETH | $23.9M | NFTFeed · OpenSea |
| Genesis Heroes (unmigrated), secondary | 1,097 ETH | $2.9M | OpenSea |
| $CFTI token, tracked DEX volume (Mar 23 to Oct 31, 2022) | $20.1M | CoinMarketCap dailies | |
| Total | ~46K ETH + token volume | ~$120M |
Most of the volume is players trading with players. What the project itself captured is the gross, and the mint row is its verifiable floor: $48.2M sitting in the treasury the day after the public sale sold out. Marketplace royalties and the treasury’s share of token spend accrued on top of that for months, at 2022 prices, which is how the books reach the resume’s roughly $70M. The breakdown beyond the mint lives in team accounting rather than in any single wallet, which is exactly why this page leads with the number a stranger can verify instead. The difference between an economy’s volume and its revenue matters; anyone who blurs it is selling something.
One more honesty note: the volume figure still undercounts. The token’s first three weeks of trading predate aggregator coverage and are missing entirely, and post-mint royalties are not itemized. The personnel file says “over $100M”; the itemized ledger says 120.
The token contract is 0xCfef8857…f020, deployed January 31, 2022. The mint figure is Etherscan’s own dollar valuation of the treasury’s peak balance; secondary figures use the trackers’ own dated conversions. The full economy case study is Artifact No. 002, currently in excavation.
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