Four days into its pre-sale and Dapper Labs’ Cheeze Wizards is already proving to be a great success.

Launched over the weekend, a key element to the sale is a business model which increases the price of the powerful Elemental wizards (Fire, Water, Wind) for each one sold.

At time of writing this means one of these wizards will now cost 0.924 ETH (or $232), although the advantage is the highest the cost, the more powerful the wizard.

Early birds

Given this model, it’s no surprise buying activity skewed early in the pre-sale period, peaking with 197 wallets spending 197.43 ETH (c.$46,000) on Saturday 18 May (UTC time).

To-date, the total value of the 3,083 wizards summoned is over 500 ETH (c.$125,000).

1,184 of the cheap Neutral wizards have been summoned, 604 Wind wizards, 639 Water wizards and 656 Fire wizards.