Crytpo & cooking Perfect combination
No Result
View All Result
Thursday, June 30, 2022
  • Home
  • Learn
  • Crypto News
    • $RYOSHI
    • Bitcoin
    • Ethereum
    • $SHIB
  • Recipes
    • Breakfast
    • Other Recipes
    • Main Course
  • NFT Collections
    • Ryoshi Christmas
    • We Are Ryoshi
  • NFT Launchs
Crytpo & cooking Perfect combination
  • Home
  • Learn
  • Crypto News
    • $RYOSHI
    • Bitcoin
    • Ethereum
    • $SHIB
  • Recipes
    • Breakfast
    • Other Recipes
    • Main Course
  • NFT Collections
    • Ryoshi Christmas
    • We Are Ryoshi
  • NFT Launchs
No Result
View All Result
Crytpo & cooking Perfect combination
No Result
View All Result
Home NFT Launchs

Goblintown NFT – Giving Another Purpose To The NFT Market

May 30, 2022
in NFT Launchs
0
  • Goblintown.WTF NFT grew from 0 to 2.5 ETH per NFT.
  • The project has crossed the $50 million club.
  • Goblintown broke Otherseed’s Sales Record ($22.85 Million within a week).
  • It could become a valuable investment (+30% in the past week).

The NFT marketplace is known for making fun of itself with memes. These can range from simple slang terms to full-fledged memes. And the recent NFT market crash brought another new opportunity for the NFT market. The rise of Goblintown is proof that the NFT space can turn even adversities into opportunities.

LEt’s take a quick tour around this newfound trend.

What Is Goblintown NFT Project?

Goblintown seems to be an NFT project. If you visit the official website, it doesn’t have any information to offer. There isn’t any Whitepaper, Roadmap, or Social platforms for you. However, there is a Twitter account. The entire reason for Goblintown to receive the spotlight is due to this Twitter account.

The account posted a sound clip with catchy music and goblin voices that started to become popular. WIth retweets, people also decided to take on the role of the Goblin NFTs.

Here are some points to note:

  • Goblintown NFTs are available on Ethereum. It initially started as a free-to-mint NFT with 10,000 NFTs available. However, it has gained a value of over 2.5 ETH with its rising popularity.
  • The Goblintown project also reserved 1,000 NFTs for whatever reason.

The Joke Of the NFT Market Crash

Goblintown became a feeling, a revolution, an era, and an idea. How’s that? The release of the Gblintown brought people an opportunity to make the best out of the marketplace.

The NFT Market hasn’t been doing great since the beginning of this year (2022). And there have been several crashes from Cryptocurrencies (Bitcoin) to the blockchain and NFT project crashes. Everything looked bleak and lifeless. Still, people kept holding on.

Even Goblintown’s website says, ‘Hold On, Dammit.’ Which could be taken as ‘Wait’ for either the website or the NFT marketplace.

Either way, people went crazy with the newfound NFT that became their way of expressing their feelings. People went from tweeting things like ‘Dump everything to Zero’ to posting artwork and memes related to Goblin’s unsanitary habit of pissing everywhere.

As disgusting or chaotic as it sounds, Goblintown has given a new shape to even the market crash.

How Is Goblintown Repainting The NFT Market?

It is too soon to judge if Goblingtown is a good thing or a bad thing. Because people were finally moving to a value-based NFT era. Creators were trying their best to provide value or backed-up utilities for their NFT projects. Then came the Goblintown without any whitepaper, roadmap, or speck of information.

Many users took it upon themselves to express how ugly or useless these NFTs seem. Yet, they are increasing in value.

Here’s our evaluation of why is it working:

1. Back To Basics

Before NFTs became popular, these were simply digital art. People bought them because they either liked them or didn’t. Some of these NFTs blew up and became trendy. Yet, there was nothing like Value, economic aspects, and other factors.

Goblintown is using the basic approach of the first-generation NFTs we received back in 2021.

2. An Interesting Story

When you visit the website, there isn’t anything until you get the ‘Fuckin’ Enter Already’ button. After that, you see a text conversation between the two goblins – Urki and Garf.

The text conversation uses broken language, words, and phrases, trying to mimic the goblin style. Yet it just works.

The interactive website and animation also seemingly work.

3. No Greed Project

As mentioned above, Goblintown started as a free-to-mint project where you just have to pay the gas fees. It grew in value by itself, thanks to the secondary marketplace like OpenSea. The original website doesn’t ask you to pay anything.

They also just reserved 1,000 NFTs because they wanted to. No explanation, no people-pleasing, nothing. Just straight to the point because they could do whatever they wanted. This played positively on the people.

The Overall Verdict

Some people are against Goblintown because they feel like it’s a slap for anyone trying to provide value through their NFT projects.

Meanwhile, we can’t ignore that Goblintown has kept the NFT marketplace alive. It could very well be the breeze we needed to revitalize the NFT world. The project could play a role in reviving the market after the crash.

They could very well still increase in value in the secondary marketplace or become one of the short-lived NFTs. It could be as big as Bored Ape Yacht Club and Crypto Apes. It could be the new symbol for the NFT Market Crash – A Goblintown. Because that’s what the market had become in the past few weeks.

Like this:

Like Loading…

Support Us via our Sponsors



Source link

Share this:

  • Twitter
  • Facebook

Like this:

Like Loading...
Tags: GivingGoblintownMarketNFTPurpose
Previous Post

Bitcoin Breaks $30K, But Could Price Entrap Late Longs?

Next Post

Billionaire Tim Draper On What Will Trigger The Next Bitcoin Bull Market

Next Post
Billionaire Tim Draper On What Will Trigger The Next Bitcoin Bull Market

Billionaire Tim Draper On What Will Trigger The Next Bitcoin Bull Market

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
Ryoshis Vision White Paper Anouncement #VisionDay

Ryoshis Vision White Paper Anouncement #VisionDay

September 23, 2021
We Are Ryoshi NFT Collection

We Are Ryoshi NFT Collection

June 2, 2022
Crypto Chef Launches New Ryoshi NFT Collection

Crypto Chef Launches New Ryoshi NFT Collection

December 5, 2021
Ryoshis Guard  Minting Now

Ryoshis Guard Minting Now

March 31, 2022
Man Sues Parents Of Teens Who Stole Nearly $1M In Bitcoin Heist

Man Sues Parents Of Teens Who Stole Nearly $1M In Bitcoin Heist

0
Billionaire Investor John Paulson Calls Crypto A Worthless Bubble

Billionaire Investor John Paulson Calls Crypto A Worthless Bubble

0
Bitcoin Recaptures the 50-day MA as Twitter Sentiment Turns Bullish

Bitcoin Recaptures the 50-day MA as Twitter Sentiment Turns Bullish

0
“Buy Bitcoin, Save The Planet,” Says Canadian Investment Firm

“Buy Bitcoin, Save The Planet,” Says Canadian Investment Firm

0
Cristiano Ronaldo Joins the Binance NFT Marketplace

Cristiano Ronaldo Joins the Binance NFT Marketplace

June 30, 2022
Bitcoin Records Worst Performance For June, Will It Get Better From Here?

Bitcoin Records Worst Performance For June, Will It Get Better From Here?

June 29, 2022
What This Bitcoin Divergence Could Hint About BTC’s Price

What This Bitcoin Divergence Could Hint About BTC’s Price

June 29, 2022
DeFi OTC Desk Marsbase introduces the new ADAM-X NFT collection

DeFi OTC Desk Marsbase introduces the new ADAM-X NFT collection

June 29, 2022

Popular Recipes

Vegan Chocolate Pumpkin Truffles – Running on Real Food
Other Recipes

Vegan Chocolate Pumpkin Truffles – Running on Real Food

August 30, 2021
0

These healthy and delicious vegan chocolate pumpkin spice truffles are easy to make with just 7 simple ingredients. Recipe Features...

Read more
Vegan Spiced Carrot Muffins

Vegan Spiced Carrot Muffins

September 3, 2021

Eggs Benedict Casserole – Vegan Breakfast Casserole

September 5, 2021
Non-Dairy Cinnamon Vanilla Cashew Milk

Non-Dairy Cinnamon Vanilla Cashew Milk

August 30, 2021
Avocado Chocolate Mousse

Avocado Chocolate Mousse

September 6, 2021
Crytpo & cooking Perfect combination

Our mission is to develop a community of people who try to make financially sound decisions and learn new Recipes. The website strives to educate individuals in making wise choices about Cryptocurrencies, blockchain, Cooking and more.

Categories

  • Bitcoin
  • Breakfast
  • Ethereum
  • Learn
  • Main Course
  • NFT Launchs
  • NFT Recipes
  • Other Recipes
  • Ryoshis Vision
  • Shib

Newsletter

  • Contact Us
  • Privacy Policy
  • Terms & Conditions

© 2021 - cryptochefpr.com - All rights reserved

No Result
View All Result
  • Home
  • Learn
  • Crypto News
    • $RYOSHI
    • Bitcoin
    • Ethereum
    • $SHIB
  • Recipes
    • Breakfast
    • Other Recipes
    • Main Course
  • NFT Collections
    • Ryoshi Christmas
    • We Are Ryoshi
  • NFT Launchs

© 2021 - cryptochefpr.com - All rights reserved

  • RelevantRelevant(REL)$0.791.67%
  • Heart NumberHeart Number(HTN)$0.000553-30.47%
  • YAM v2YAM v2(YAMV2)$4.70-1.41%
  • PolkaBridgePolkaBridge(PBR)$0.439876-7.02%
  • Dev ProtocolDev Protocol(DEV)$1.76-16.14%
  • B-cube.aiB-cube.ai(BCUBE)$0.183336-4.61%
  • Shard CoinShard Coin(SHARD)$0.216756-21.17%
  • Finance VoteFinance Vote(FVT)$0.007875-2.41%
  • Value DeFiValue DeFi(VALUE)$0.554.96%
  • B20B20(B20)$0.4507925.62%
%d bloggers like this: