The Goblintown.wtf NFT project could not have arrived at a better time, given the current state of crypto markets in Goblin Town. Just two days ago, the oh-so-ugly Goblin-themed NFT project made its way into Web3. Surprisingly, the NFT collection has already seized the second place on OpenSea, with a total volume of 3.7k ETH traded.
But what is it about these monstrous creatures that makes them so unique? Let’s take a deeper look if you’re interested in learning more… Ugghh!
What the heck is Goblintown.wtf NFT all about?
First, there’s Goblintown.wtf. This is a collection of 10,000 NFTs depicting a wide range of obnoxious animals that you might find in Goblin Town. Trolls, dragons, wizards, bugs, and Kevin are all examples of this (from Pixelmon). Kevin is also in Goblin Town, as you may have seen.
Without a doubt, each Goblintown NFT has its own distinct traits and characteristics, with 12 of them being one-of-a-kind NFTs in the collection. Goblin#8995 (as shown above) was one among them, and it was sold for 1.03 ETH (about $2,084) yesterday. If you’re looking for a visual feast, Rarity Sniper has the ugliest (and possibly most expensive) Goblins.
Who created the Goblintown.wtf NFT collection?
Perhaps a gang of Goblins? As the designers of Goblintown, we’ll probably never know. NFTs are all undoxxed, wtf. On that note, it’s not shocking at all, given that most NFT project creators would remain anonymous throughout the early stages. As a result, we only know that the NFT collection on OpenSea was developed by the King of The Goblin.
Is there any roadmap or utility for holding these Goblin NFTs?
That is an excellent question. According to Goblintown’s official website, the ugly community has no NFT utility, roadmap, or Discord. Don’t you believe that’s how a Goblin would oversee an NFT project?
Fortunately, all NFTs in Goblintown are CC0 (creative common zeros). This means that the complete NFT collection has no copyright protection. As a result, you have complete freedom in how you commercialise your NFTs.
Why these Goblin NFTs are so popular?
There are several reasons for this, one of which is the project’s suspected collaboration with Yuga Labs. Yuga highlighted Goblins as one of its revenue channels this year, as you can see from the graph above. As a result, many people assumed that Goblintown was one of Yuga Labs’ secret projects. That, however, is unlikely to be the case.
The Goblintown NFT collection then struck a chord with the NFT Twitter bear market culture. Many people can connect to the NFT project’s premise, as NFT fans on Twitter have been making fun of markets entering Goblin Town for weeks.
These Goblins, on the other hand, are horribly hideous in their own right. This, however, does not dampen the enthusiasm for the NFT initiative. In fact, according to Goblintown devotees, ugliness is the new beauty in this universe right now.
Furthermore, minting these NFTs is free in the first place. Given that many new NFTs today might easily cost over a thousand dollars to produce, the Goblintown NFT collection provided a low-cost entry point for newcomers.
Given this, only time will tell if the Goblintown NFT project’s developers will provide a roadmap or any form of NFT usefulness in the future. It will also be fascinating to see if The King of Goblins is ready to meet up with his Goblins at some point in the future. Until then, these Goblintown residents are poised to rumble in the NFT universe.