Goblin Town’s NFT are taking the Internet by storm, but what are they?
With its sales skyrocketing throughout this week, the Goblin Town NFT project emerged as one of the best new NFT projects of the week.
The project has taken the second most coveted place on OpenSea in terms of trading volume in the last 7 days.
Launched in mid-May, the collection derives its name from a bearish sentiment in the cryptocurrency market called Goblin Town.
It managed to surpass the Bored Ape Yacht Club NFT award, Imaginary Ones NFT and Invisible Friends NFT project in terms of trading volume and sales.
Let’s take a look at what the new Goblin Town NFT project consists of?
Everything you need to know about the WTF NFT project in Goblin Town
Criticized as an “irreverent NFT” project by several media sources including Dappradar, the NFT Goblin-town project includes 10,000 unique goblins that sport rare styles and features for users to own and trade.
Launched on May 22, these NFTs are built on the Ethereum blockchain and boast a minimum price of 2.68 ETH at the time of writing.
Labeled after a bearish sentiment of the cryptocurrency market, the growing popularity of these NFTs can be attributed to an element of CCO attached to it. This generally means No copyright reserved in common marketing jargon.
This indicates that these NFT goblins are free to be repurposed at the discretion of the owner.
The project does not have any Discord channel, nor does it have a roadmap or adequate utility attached to it. And that’s on purpose, making it a rather unique NFT project in the digital space.
Goblin Town NFT Price
At the time of printing, NFT topwn goblins are trading at a minimum price of 5.08 ETH
Despite the momentum of the cryptocurrency market that currently projects a bearish position, the prices of these goblins continue to rise.
The collection also includes some rare goblins that sport unique avatars. These were sold at a whopping 69.42 Ethereum ($136,207) on LooksRare.
