The Goblin Town NFT Collection is sweeping the internet, and with sales rising this week, the Goblin Town project has emerged as one of the week’s top new NFT projects. The Project’s staff has turned the traditional methods of community building, marketing, cooperating, whitelisting, and creating excitement on their heads.
In terms of trade volume, the Project has risen to second place on OpenSea in the previous seven days. The non-fungible coins have earned $4.14 million in sales alone in the last 24 hours. Nonetheless, no one on Twitter knows where the collection came from. But it hasn’t prevented the internet from being astonished by a brand-new project’s ability to create something from almost nothing.
What Exactly Is The Goblin Town NFT Project?
The Goblin Town NFT project has 10,000 distinct goblins with uncommon designs and traits that users may own and trade. These NFTs, which were launched on May 22nd, are based on the Ethereum blockchain and had a floor price of 2.68 ETH. The Project takes its name from a negative crypto market attitude known as Goblin Town. In terms of trading volume and revenues, it has surpassed the premium Bored Ape Yacht Club NFTs, Imaginary Ones NFT, and Invisible Friends NFT projects.
The increased popularity of these NFTs can be ascribed to a CCO component. In typical marketing jargon, this indicates “No Copyright Reserved.” The Project does not have a Discord channel, nor does it have a defined plan or utility. This is done on purpose, making it a one-of-a-kind NFT effort in the digital environment.
At the time of publication, the Goblin Town NFTs had reached the trading floor price of 2.8 ETH. Although the crypto market trend is now unfavorable, the prices of these goblins continue to grow. There are also some unusual goblins with unique avatars in the collection. LooksRare sold them for a whopping 69.42 Ethereum ($136,207).
Goblin Town NFT Plans
The short-term purpose appears to be to ridicule anyone who believes Bored Apes, Mutant Apes, Moonbirds, and Invisible Friends are serious collections. Going against preconceived notions about “blue chip” NFTs appears to be Goblin Town’s strategy of distinguishing itself from the occasionally haughty projects that trade on their own exclusivity.
Looking at the Goblin Town NFT website, it’s clear that a lot of thinking has gone into it, despite the seeming lack of care. However, the Project’s mysterious staff has not invested time in cultivating a passionate audience and a solid community. And because the NFTs were issued for free, nothing can be gained by bricking the floor price.
Goblin Town is, in some ways, the anti-NFT Project. It’s the punk rock of web3, and its rapid popularity attests to its uniqueness. If this trend continues, anticipate a wave of imitators to pretend disinterest and try to manufacture a virtue out of apathy.
Published by Calendarhub.com
Abhishek is a Digital marketing graduate with extensive experience in writing for finance, lifestyle, and tech. He has worked with numerous marketing and advertising agencies throughout his professional career. His interest in the world of Gaming and technology motivates him to stay informed about every little detail and write with passion.