As we approach the midpoint of the year, we can look back on NFT’s interesting six-month growth. But this week? Pure goblin mode.
This new Ethereum project dominated a otherwise quiet week (well, relatively speaking) conversation about all of the NFTs. On the other hand, there are many phishing issues, and Solana is a star performer in the half-baked market, which is the “conference szn”. Let’s summarize all this action from last week and more.
This Week’s Non-Fungible Token News
NFT goes into “goblin mode”
What started as an online meme has become the hottest NFT collection of the week. Goblintown.wtf It’s on the market with roadmaps, big plans, official channels other than Twitter accounts, and many mysteries. It started sub 0.5 ETH of the week and accepted full meme status in an unparalleled way. Their Twitter accounts are posted in small goblin-like characters, the Twitter space is a group of goblin-sounding people, and their community is flat here every second. At the time of publication, Goblins have so far been doing a cool run of about 2.7 ETH with project volumes above 10 ETH. Don’t hate goblins, hate games.
Solana NFT is still strong, but STEPN is a hit
Solana has been holding up surprisingly well, backed by various hot projects such as Okay Bears and STEPN last week. The latter, however Recently hit Following the ban on app users in mainland China.
STEPN has been a hot topic, especially for the past week. The platform is said to be approaching 1 million active users every day. It’s an unconfirmed number, but if it’s confirmed, it’s an amazing number. STEPN encourages active movement and aims to provide users with daily income based on exercise with NFT sneakers. The project will start in December and long-term sustainability will arguably be the biggest headwind.
$ 1.4 million swipe
The 29 MoonBirds NFT was sucked up by unsuspecting owners this week and was struck by an increasingly popular phishing scheme that uses only one wallet signature to quickly phish an entire lot of owners. NFTs are flagged for suspicious activity in OpenSea.
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Solana NFTs were booming this week, but 'walk to earn' platform STEPN took a hit. | Source: STEPN-USD on TradingView.com
Legal look: Seth Green, Hermes, etc.
Two interesting new stories were talked about this week at very different stages of the (potential) court battle, centered around NFTs. The first story is certainly in the early stages of development, the ruckus over actor, producer, writer, director Seth Green and his boring monkey, who appears to be taking content hostage.
Green’s Ape, # 8398, was stolen in a more untimely phishing attack for Green, who was on the verge of putting Ape in the foreground and centering in a new anime series. Leaving the NFT community, wondering where IP rights begin and end, and what steps Green can now take to regain his apes, or whether the show will be completely abandoned. I think.
Meanwhile, beyond the spectrum of “controversy” is the ongoing story of fashion house Hermès, a battle with Mason Rothschild, who released the NFT collection “Meta Birkins” last year. The dispute is currently taking place in federal court, and the Rothschild collection has been determined to be a form of artistic expression that conforms to Article 1 of the Constitutional Amendment, but the court said the name of the project was “sufficiently convincing.” It has not yet been determined whether it shows “with” evidence. Potential confusion between fashion company items and project names.
From VeeCon to NFT.NYC
VeeCon closed off at Minneapolis last weekend. This is the first NFT ticket event in history, less than 30 days after NFT.NYC, so the topic of events and networking hasn’t diminished.
Featured talents onsite like Snoop Dogg, brands like Boardroom and DraftKings, and of course the exclusive NFT BeeFriends drop. NFT.NYC is expected to scale up again after the conference’s short-lived bustle last year, and hopes that the audience that dominates Ethereum will continue.
GameStop launches a beta wallet and supports NFTs
It’s been a long-awaited event for NFTs and GameStop. Their names have been tied to cryptocurrencies as a whole for some time. This week, GameStop released a beta version of its Ethereum-based NFT wallet. Layer 2 is supported thanks to ImmutableX. The NFT marketplace, which has been discussed for about a year, is “almost here”. According to the web page And it could be the next product that gaming companies offer to the NFT community.
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Featured image from Pexels, Charts from TradingView.com
The writer of this content is not associated or affiliated with any of the parties mentioned in this article. This is not financial advice.