The current bear market in the NFT space has many pondering the future of NFTs. As if current market conditions weren’t enough, a new NFT project called Goblintown appeared out of thin air. They have experienced more than $41 million in secondary sales since its release. But what is Goblintown and why is everyone talking about it?
Goblintown is a CC0 NFT collection consisting of 10,000 unique Goblin characters. Released on May 19, 2022, the project has no roadmap, Discord, or utility. The NFTs were free. Ever since they have rocketed in price.
Since the launch of Goblintown NFTs, the project has been all the hype in the NFT space. Some people think the extraordinary price tag associated with the project is undeserving. Many believe the price is the result of genius marketing. Though much is still unknown about Goblintown, this article aims to explain everything known up to this point.