NFT's price rises after the defamation trial judgement for Johnny Depp.

The price of Johnny Depp's NFT collection surged dramatically. After the jury concluded in favor of Depp on all three of his claims, the jury found that Heard had not only uttered false and defamatory comments but that she had done so with "actual malice".

Depp presented his NFT collection 'Near Fear Truth' in late January 2022. Only 1500 ethers have been traded on it since its inception. However, following the judgment, trading volume for the same NFT collection increased and reached $352,000.

Since the ruling, Depp's NFT has sold 212 units, according to OpenSea data. An average of 0.8 ETH has been paid for each NFT.

There had been no transactions in the collection since March 2022, according to a report by Coinquora. Starting at 0.70 ETH with 11,111 NFTs, the collection was available for purchase.

Heath Ledger, Elizabeth Taylor, Al Pacino, Hunter S. Thompson, Tim Burton, and River Phoenix are all inspirations for Johnny Depp's collection.

An interesting aspect of one of the works was that it featured 607 self-portraits alongside images of his dog, himself, and a character based on the dreams of his children

"Taking Ownership of a Never Fear Truth" You will be granted admission to Johnny's community on the cutting-edge social networking site known as Discord if you have NFT. A gathering spot for enthusiasts and their friends, where they can work together on artistic endeavors. "The community on Discord will offer an intimate environment for Johnny to express his creativity through, and it will provide you access to one-of-a-kind works, experiences, and future projects in the fields of art, music, and film," reads the description on the website for Johnny Depp's NFT project.

In the meanwhile, the jury came to the conclusion that Depp ought to earn more than ten million dollars. However, Depp's victory was not a resounding one by any means. The jury also came to the conclusion that a portion of Heard's counterclaim had some validity to it. They decided not to uphold two of Heard's three claims, but they did find that she had been defamed by a lawyer for Depp who had accused her of roughing up their flat to make it look worse for the police. The panel gave her a prize of $2 million.