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The NFT market is in certified goblin mode. The goblintown NFTs surged past the 1ETH ceiling and were once again the 2nd most traded NFT collection behind only BAYC. Ridiculous Twitter Spaces, an embraced and cherished lack of roadmap, and other nice touches have made this project truly the ultimate meme pfp collection. The true test will be longevity, though.
The Nightly Mint
Latest Mint: Seth Green’s TV Show?
Will Seth Green’s show on his Bored Ape end up making it to the air? If you haven’t caught the story this week, mainstream headlines have hit the wire about actor and producer Seth Green’s intent to create an animated comedy centered around his Bored Ape, which has since been stolen in a likely phishing attack – leaving NFT watchers to speculate around what happens next, and where rights ownership begins and ends.
For the latter issue, we noted earlier this week that fashion brand Hermes is in the midst of a legal battle with creator Mason Rothschild over his ‘MetaBirkin’ NFT collection. We’re clearly on the precipice of much-needed legal rulings around some of these issues that will set a standard for future issues.
Related Reading | TA: Ethereum Divves 10%, Why ETH Might Test $1,500
The bear market continues this week as tokens big and small have been taking hits, including NFT market leader Ethereum.| Source: ETH-USD on TradingView.com
Updates To NFT Marketplace OpenSea
Announced and integrated today are some new OpenSea updates to user profile page and collection page layout. The leading NFT platform also shared in the announcement that they will “continue to roll out changes through the coming weeks, with the goal of putting more focus on our community’s content, simplifying the experience and making room for richer experiences for our OpenSea community.”
The ‘Minty Fresh’ Take
We don’t create the news, we simply report it.
breaking: person who bought cartoon monkey puzzled someone bought cartoon goblin. more at 11.
— sartoshi (@sartoshi_nft) May 26, 2022
Related Reading | XRP Whales Boost Accumulation Appetite, Register 2-Month Peak Holding Supply
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.