As we approach the middle of the year, it is possible to see an interesting 6-month growth for Non Fungible Tokens (NFT). So what happened this week? The NFT market has entered Goblin mode. One new Ethereum project has dominated the conversation in the NFT space. Meanwhile, there are many phishing issues. We have prepared for you the news you need to know about the NFT market.
This week’s NFT news
NFTs go into ‘Goblin’ mode
What started as an online meme is the week’s turned into the hottest NFT collection. Goblintown.wtf launched with no roadmap, no grand plan, no official channels beyond a Twitter account, and many mysteries. She started the week under 0.5 ETH and uniquely embraced full meme status.
Twitter accounts contain small, goblin-like letters. Twitter Spaces is filled with just a bunch of people making goblin noises and their communities. At press time, goblins have reached a project volume of more than 10 ETH so far.
Solana NFTs remain strong, while STEPN has taken a hit
Solana is holding up surprisingly well in the past week, backed by various hot projects like Okay Bears and STEPN. However, as you can follow from Kriptokoin.com news, STEPN has taken a hit in recent days after a ban for app users in China.
STEPN has been a hot topic of conversation especially last week and the platform is said to be approaching 1 million active daily users, an unconfirmed number but a staggering number if confirmed. STEPN encourages active movement and seeks to reward users with daily gains based on exercise with NFT sneakers. The project launched in December and its long-term sustainability will prove to be arguably the biggest headwind.
$1.4M scam
29 MoonBirds NFTs were stolen from a holder this week in an unsuspecting transaction. Holder faced an increasingly common phishing campaign that used only a wallet signature to quickly issue his entire stake. NFTs have been flagged for suspicious activity on OpenSea.
A legal look: Seth Green, Hermes and more
Two interesting stories about NFTs that emerged this week made headlines at very different stages of potential legal battles . The first story is the turmoil surrounding actor, producer, writer, and director Seth Green, who is certainly at an earlier stage of development, and Bored Ape, who has seemingly left the content hostage.
Green’s Ape, #8398, was stolen in a phishing attack that couldn’t have been timed any worse for Green, who is on the verge of putting Ape front and center in a new animated series. The NFT community wonders where intellectual property rights begin and end, and what move Green can make to regain his Ape or whether the show can be shelved entirely.
By the way, far beyond the ‘controversy’ spectrum, the continuing story of fashion house Hermes versus Mason Rothschild, who launched the NFT collection ‘MetaBirkins’ last year There is a war. The dispute is currently in a federal court, and although Rothschild’s collection has been determined to be a form of artistic expression suitable for First Amendment, the court will decide whether the project name has “sufficiently convincing” evidence to indicate the possibility of a confusion between the fashion firm’s product and the project name. yet decided
From VeeCon and NFT.NYC
VeeCon concluded last weekend in Minneapolis, the first ever NFT ticketed event, and NFT.NYC Event and networking news probably hasn’t gotten old since we’re less than 30 days into .
The facility featured talent like Snoop Dogg, brands like Boardroom and DraftKings, and of course exclusive NFT VeeFriends discounts and more. NFT.NYC is expected to continue growing once again and an Ethereum-heavy audience following the largest attendance in the short life of last year’s conference.
GameStop launches beta wallet, supports NFTs
It’s been a long time for NFTs and GameStop, whose names have been tied to crypto for a while. This week, GameStop released a beta version of Ethereum-based NFT wallets with Immutable X’s layer 2 support. An NFT marketplace that has been discussed for nearly a year is almost alive, according to its web page, and could be the gaming company’s next offering for the NFT community.
