Goblin Town’s grotesque creature-themed collection of non-exchangeable tokens (NFTs) overtook popular NFT project Bored Ape Yacht Club (BAYC) to become the best collection in terms of sales.
According to NFT data aggregator CryptoSlam, the project had nearly $8.5 million in sales the previous day, a nearly 1000% increase from the day before.
As for the BAYC collection from Yuga Lab, the day before its sales amounted to just over $2.8 million, which is about three times less than the Goblin Town. At that time, Goblin Town was in first place in terms of sales, and BAYC was second.
The minimal price of the new project also grew sharply, reaching 1.94 ETH ($3,535), which is 244% more than the previous day. Moreover, for the previous day collection has attracted 1949 new buyers, which is 336% more than the day before.
The Goblin Town NFT project is a collection of 10,000 NFTs featuring all sorts of creatures, including trolls, dragons, wizards and mosquitoes.
The project domain was registered only 13 days ago, the identity of the creators of the project is currently unknown, that is, no one knows who exactly made these goblins.
No functionality, no roadmap, no community in Discord,” the collection’s website says.
Notably, all NFT Goblin Town has CC0 (Creative Commons Zero) status, which means that no element in the NFT collection is copyrighted. Thus, owners can commercialize their NFTs in any way they want.
The growth of the NFT project Goblin Town has got many crypto-enthusiasts thinking; some of them even claim that the collection has shattered all expectations of the bear market.
Global markets are on the verge of collapse, yet people are spending $4,000 on it.
Meanwhile, despite the project’s impressive growth, some in the crypto space argue that its price will drop to zero. That’s the view held by Eric Conner, a product researcher at blockchain startup Gnosis:
In case anyone is wondering: whoever bought this junk is an idiot, it will be worthless in a couple of weeks.