The crypto markets are growing rapidly and now they have reached Goblin Town. In that context, the Goblintown.wtf NFT project could not be unleashed at a better time. This oh-so ugly Goblin-themed NFT project found its way into Web3 barely two days ago on May 21.
Notably, the NFT collection already took up the second spot on OpenSea, with a cumulative volume of 3.7k ETH changing hands already. But then, what is so special about the hideous creatures represented by these NFTs?
For starters, the Goblintown.wtf is a collection of 10,000 NFTs that consist of all types of unsightly creatures that you may imagine existing in Goblin Town. These can be wizards, trolls, mosquitoes, dragons, and Kevin (from Pixelmon) who has come to Goblin Town as well.
Undoubtedly, every Goblintown NFT has its unique traits and characteristics with 12 of them being 1-of-1 NFTs in this collection. One of them is Goblin#8995 which sold for 1.03 ETH (about $2,084) yesterday. In case you are now ready to feast your eyes, you can check out the ugliest and maybe the most expensive Goblins on Rarity Sniper.
Who Set Up The Goblintown.wtf NFT collection?
Was this collection created by a team of Goblins maybe? For now, we do not know, since these creatures of Goblintown.wtf NFTs are all undoxxed. In that context, it is not surprising because a majority of the founders will remain anonymous in the early stage of a nonfungible token project. With that in mind, we just know that the King of The Goblin is the one that created the NFT collection and published it on OpenSea.
Based on the information published on Goblintown’s official website, there is no NFT utility, no roadmap, and also no Discord channel associated with the hideous community. That sounds like how a Goblin would run an NFT project, don’t you agree?
But luck is on our side since all Goblintown NFTs are CC0 (creative common zeros). It means that no copyright is reserved for the whole NFT collection. Therefore, you can decide to commercialize your NFTs in any manner that you desire.
Why Are These Goblin NFTs Popular?
According to the feedback acquired from the NFT community, there is just one reason why these NFTs are popular. That is because the Goblin Town citizens are very uniquely ugly in their way. Based on the fans of Goblintown, ugly is believed to be a new beauty currently.
Another notable reason might be that the NFTs are free to mint. Since most NFTs can easily cost over a thousand dollars to mint nowadays, the Goblintown NFT collection had provided an attractive low-cost barrier to entering this space.
In that context, only time will tell whether the team behind the Goblintown NFT project will eventually come up with a roadmap or any form of NFT utility in the coming years. It will also be quite interesting to see whether The King of Goblin is ready to meet up with the Goblins one day. Until then, these Goblintown citizens are all willing and ready to thrive and dominate the NFT world.