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Goblin Town NFTs: What Is The Goblin Town WTF NFT Project?

By Barry Stidham
Sep 16, 2022
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With its sales skyrocketing throughout this week, the Goblin Town NFT project has emerged as one of the top new NFT projects of the week.

The project has claimed the second-most coveted spot on OpenSea in terms of trading volume in the last 7 days.

Launched in mid-May, the collection derives its name from a bearish crypto market sentiment called Goblin Town. It has managed to soar past the premium Bored Ape Yacht Club NFTs, 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 is all about?

Everything You Need To Know About The Goblin Town WTF NFT Project

Critiqued as an "irreverent NFT" project by several media sources including Dappradar, the Goblin-town NFT project comprises 10,000 unique goblins sporting rare styles and characteristics for the users to own and trade.

Launched on May 22, these NFTs are built on the Ethereum blockchain and boast a floor price of 2.9 ETH at the time of writing.( As of July 5,2022)

Labelled after a bearish crypto market sentiment, 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 lingo.

This indicates that these goblin NFTs are free to be repurposed as per the owner's discretion.

The project does not have any Discord channel, nor does it possess a proper roadmap or utility attached to it. And this is on purpose, making it a rather unique NFT project in the digital space.

Goblin town NFT Founders

Per the latest news, a group called Truth Labs have taken the responsibility of the project claiming to be the founders of the Goblin Town NFT project. The team unveiled the details via posting a video on their twitter, revealing fresh details in a form of video. The team described themselves as "collective of creators working in the web3 space”

Goblin Town NFT Price

At press time, The goblin topwn NFTs are trading at a floor price of 2.9 ETH

Despite the crypto market momentum currently projecting a bearish stance, the prices of these goblins continue to rise.

The collection also includes some rare goblins sporting unique avatars. These sold at a whopping 69.42 Ethereum ($136,207) on LooksRare.

A similar project in league with Goblintown called Moonrunners NFTs has also been launched recently that has raked in millions of dollars in terms of trading.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

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