<p>The non-fungible token (NFT) market performed an explosive invasion in 2021. People had no idea that a single image on the blockchain would make many people wealthy and even dollar millionaires. As the year passed by, the NFT craze began to fade. The fact that the crypto market collapsed has lowered interest in non-fungibles even more. However, the world has witnessed the “cake” become hotter again in May 2022.</p><p class="prosemirror-p-center"><img src="https://cdn.builder.news/news/11eceae6f4a39c10a8e6023f659fee92.jpg" alt="Goblintown.wtf" title="Goblintown.wtf" width="600" height="427"></p><p>Recently, there was a new entry of an NFT collection that probably, as of reading this, blew your minds away that has no animals like apes, cats, bears… yet goblins. The Goblintown NFT collection received little reputation at the beginning, nevertheless, just 2 days after, it gained a tremendous popularity resulting in top 2 trending on OpenSea marketplace with 2,1k in trading volume and floor price marked 7.6 ETH (approx 11,080 USD).</p><p>So… What helped Goblintown took the NFT market by storm? Let’s find out on <a href="https://www.builder.news/" alt="Builder.news" title="Builder.news" target="_blank" rel="" class="">Builder.news</a>!</p><h2>"Wat" is Goblintown.wtf NFT?</h2><p>Taking after the crypto native phrase to describe bearish conditions in the digital asset space, “Goblintown” is a brand-new NFT collection entered the market with not much general information like any other projects.</p><p>The storm began when Goblintown offered free mint in the past few weeks. Users only needed to pay a small amount of gas fee and one of the hottest yet most outlandish Gobling NFT was in their wallets. If you were any one owns the NFT, good luck since you are gaining a surprisingly profitable image.</p><p class="prosemirror-p-center"><img src="https://cdn.builder.news/news/11eceae6f4a3a47ba8e6023f659fee92.jpg" alt="Goblin on Opensea" title="Goblin on Opensea" width="600" height="242"></p><p>The Goblin’s collection consists of 10,000 NFTs whose utterly ludicrous visuals exhibit interesting back story. You might, at least, feel some sense of familiarity when Luna, the cryptocurrency that went bankrupt causing investors chaos, are stamped on several goblins. Meanwhile, Pixelmon NFT failure's mascot - Kevin, is also portrayed in the digital images of goblins. Goblintown NFT proves to have the most up-to-date trends on its collection which, somehow, trigger curiosity and interest in users at the same time.</p><p>On the other hand, if you are familiar with Discord, you cannot find Goblin on this platform cause their main communicating channel is Twitter. Strange noises, odd behaviors are always on on Goblintown’s Twitter, even the word font is also weird. You might find irritating to join one of the “gatherings” that only yelling and grunting noises were on the mic. However, that’s the specialty that is indispensably reasonable to “Goblins” style. This is also considered a perfect way to, perhaps, persuade and organize a strong community where you can only join and understand if you agree to follow their rules.</p><iframe width="550" height="400" src="data:text/html;charset=utf-8,%3Cblockquote%20class%3D%22twitter-tweet%22%3E%3Cp%20lang%3D%22en%22%20dir%3D%22ltr%22%3Eg%u2092b%u2097%u2092%u2099%u1D62%20w%u1D64%u2099%u209C%20%u209C%u2092%20b%u2091%20d%u2092w%u2099%20d%u2092w%u2099%20d%u2092w%u2099%20w%u2091%20b%u2091%u2097%u1D64%u2099g%20%u2091%u2099%20g%u2092b%u2097%u1D62%u2099%u209C%u2092w%u2099%20%3Ca%20href%3D%22https%3A//t.co/koxTo8ILnD%22%3Epic.twitter.com/koxTo8ILnD%3C/a%3E%3C/p%3E%26mdash%3B%20goblintown.wtf%20%28@goblintownwtf%29%20%3Ca%20href%3D%22https%3A//twitter.com/goblintownwtf/status/1535703129404186626%3Fref_src%3Dtwsrc%255Etfw%22%3EJune%2011%2C%202022%3C/a%3E%3C/blockquote%3E%0A%3Cscript%20async%20src%3D%22https%3A//platform.twitter.com/widgets.js%22%20charset%3D%22utf-8%22%3E%3C/script%3E%0A"></iframe><p>The squad invented Goblintown remains anonymous. People might whisper to others that some famous characters from BAYC or Larva Labs could be the ones. But, those are only rumours. However, why do you care about this? It is the fact that Goblintown collection has performed extremely well on OpenSea and marked significant recognition over NFT enthusiasts’ minds without knowing who’s behind.</p><h2>What is so bizarre about Goblintown NFT?</h2><h3>Insufficient information about the collection</h3><p>Goblintown, unlike most other NFT collections, affirms to have neither utility, roadmap nor Discord channels. In an industry where project success is often determined by the team's vision and how plans are carried out, Goblintown's stripped-down approach could potentially be a factor in the price increase.</p><p>Even more, while there’s a winter in cryptocurrency on every exchange, NFT turns out to be a rising star with more stable trading volume and floor price. So, why people need to care much about roadmap and utility of Goblintown while the NFTs can be minted free of charge?</p><p class="prosemirror-p-center"><img src="https://cdn.builder.news/news/11eceae6f4a3ab7ca8e6023f659fee92.jpg" alt="Goblintown.wtf" title="Goblintown.wtf" width="600" height="420"></p><p>However, there might be a different reason for a boiling NFT collection. It is likely NFT enthusiasts are betting on the latest trend in the hopes of profiting while other assets are falling in value. Other NFTs have benefited from similar market behavior in the past, but have faded away like Cryptokitties.</p><h3>Copyright Reserved? Nevermind</h3><p>Goblintown proves to have a distinct approach to the boiling NFT market where “copyright reserved” is the top 1 priority of generating a digital asset. Goblintown embraces the CC0 (no copyright reserved) direction, which means the goblins are in the public domain and anyone can build on and reuse the artwork in their own content. The fact is completely opposite to what CryptoPunks's deploying to others.</p><h3>The trends starts from here</h3><p>If you have paid enough attention, you will notice that any blazing NFT collection is having its different versions. Like BAYC, Cryptopunks, their authentic NFTs remain outstanding value while there're copies everywhere.&nbsp;Since the day Goblintown.wtf revealed to the mass via OpenSea, there’re tons of NFT collections follow their approach from the way to entitle the collection to similar design techniques such as goblinszukideployer, baby goblinz… However, the price of “new” goblins do not perform very well when being compared to the original version. This is a way to prove that which collection starts the trend will keep its price from dumping.</p><p class="prosemirror-p-center"><img src="https://cdn.builder.news/news/11eceae6f4a3b44aa8e6023f659fee92.jpg" alt="Goblin trends on Opensea" title="Goblin trends on Opensea" width="600" height="293"></p><h3>There’s more to unveil</h3><p>The project does not stop at offering solely goblins to followers, they keep the heats by continuously advertising new parts in relation to the collection such as MCGoblins Burgers. While no formal pronouncements have been made about the purpose of these burgers, there has been plenty of speculation, and they reached a floor price of 1.5 ETH just a day after listing on OpenSea.</p><iframe width="550" height="400" src="data:text/html;charset=utf-8,%3Cblockquote%20class%3D%22twitter-tweet%22%3E%3Cp%20lang%3D%22en%22%20dir%3D%22ltr%22%3EJust%20when%20you%20thought%20things%20were%20starting%20to%20make%20sense%20in%20%3Ca%20href%3D%22https%3A//twitter.com/goblintownwtf%3Fref_src%3Dtwsrc%255Etfw%22%3E@goblintownwtf%3C/a%3E...%3Cbr%3E%3Cbr%3EOut%20of%20of%20the%2011%20Goblins%20whose%20ordr%20were%20%26%2339%3Bfukdup%26%2339%3B%20by%20%3Ca%20href%3D%22https%3A//twitter.com/urkiwtf%3Fref_src%3Dtwsrc%255Etfw%22%3E@urkiwtf%3C/a%3E%20at%20%3Ca%20href%3D%22https%3A//twitter.com/McGoblinBurger%3Fref_src%3Dtwsrc%255Etfw%22%3E@McGoblinBurger%3C/a%3E....one%20and%20only%20one%20goblin%20sold%20their%20meal%20before%20it%20was%20made...%3Cbr%3E%3Cbr%3ETo%20be%20continued...%20%3Ca%20href%3D%22https%3A//t.co/l25uV8mZlW%22%3Epic.twitter.com/l25uV8mZlW%3C/a%3E%3C/p%3E%26mdash%3B%20reesescup.eth%20%uD83C%uDF54%uD83C%uDF5F%20%28@restinbit%29%20%3Ca%20href%3D%22https%3A//twitter.com/restinbit/status/1535172363838447616%3Fref_src%3Dtwsrc%255Etfw%22%3EJune%2010%2C%202022%3C/a%3E%3C/blockquote%3E%0A%3Cscript%20async%20src%3D%22https%3A//platform.twitter.com/widgets.js%22%20charset%3D%22utf-8%22%3E%3C/script%3E%0A"></iframe><p>Although the price shows a downswing as of writing this, Goblintown.wft is now one of the top 50 most successful projects of all time. The only two free mints in the top 50 are the Goblins and Crypto Punks which is not bad for a three-week-old project in the midst of a bear market.</p><p>Well, let’s see how far the NFT collection will blow us away with its unconventional and “goblinized” approach.</p><p class="prosemirror-p-center"><img src="https://cdn.builder.news/news/11eceae6f4a3ba40a8e6023f659fee92.jpg" alt="Goblintown.wtf nft" title="Goblintown.wtf nft" width="600" height="229"><br></p><div class="pr-block-special"><strong>Disclaimer:</strong><br>This article is intended for and only to be used for reference purposes only. No such information provided constitutes advice or a recommendation that any investment or trading strategy is suitable for any specific name.</div>

Who could ever know "Goblins" will take the "ugly market" by ugliness. 

What makes the world head to Goblintown NFT?