Free-to-Mint NFT Collection Goblintown Is Now Worth Over $50 Million
Goblintown is NFT’s latest collection of 9,999 goblins that is making a comeback. Project members are famous for their free NFTs, which gained significant real-world value over time due to free-market issuances.
By May 23, 2022, Goblintown’s floor value was 0.5 ethereum, and its price rose 458% to 2.79 ETH by Sunday evening. The project officially launched on May 22, but word of mouth was the only way people heard of it. Throughout the cryptocurrency campfire, Goblintown NFTs had become much more expensive.Goblintown has 67,400 followers on Twitter today. Visitors to goblintown.wtf can find a tab at the top of the page that says: “F***ing enter,” and after entering, it says “sold out f***ers.”
At the time of writing, weekly NFT sales metrics show Goblintown has sold $37.3 million since May 2. Although this project is among the hottest today, no one is sure where it came from or what exactly is behind the new digital collectibles.
There have been rumors that the American DJ Steve Aoki or Yuga Labs behind the NFT collection have been unfounded. Since the project has gained significant value in a week, Goblintown sellers have profited greatly.