WZRDS Novel Burning Method Excites NFT Collectors

WZRDS Novel Burning Method Excites NFT Collectors

For a quick rundown of the WZRDS' burning method and how to handle trading the popular NFT, head to the Lucky Trader YouTube channel.

The WZRDS team tweeted Monday explaining a new burning mechanism put into place where listed NFTs are subject to “death” where other wizards can burn your NFT.

The new mechanism sent the floor price from 0.15 ETH to 3.2 ETH overnight Monday, but most sales are still around just 0.3 ETH. 

The WZRDS council will not burn anyone's WZRDS, it's all from the community, the project said. The 10,000-edition collection, which minted out June 29 for free and has no Discord, communicates through Twitter.

Interested WZRDs can see the Peddler to burn the COWZRDS (listed WZRDS). Burning a WZRD costs SHROOMS, which are earned from staking. For 20,000 SHROOMS, you can burn a WZRD. A tweet from the project said the Peddler “will only be here for a limited amount of time.” Those that had their NFT burned (and the user who paid for the burning) each receive a Half-Skull WZRDS NFT.

The new mechanism was met with some skepticism, especially after 1,000 listed WZRDS were burned. 

Still, several others seemed to be excited about the novel approach. The project says it is building toward an "epic" story, supported by examples of lore it has tweeted out.

More about WZRDS

WZRDS is a collection of 10,000 mysterious, wizardly NFTs living on the Ethereum blockchain. WZRDS was a completely free mint for both whitelist and public minters and was limited to only one mint per wallet. The collection is very lore-centric, and its updates are unveiled slowly, yet meticulously through public channels. 

Disclaimer: The author or members of the Lucky Trader staff may own NFTs discussed in this post. Furthermore, the information contained on this website or the Lucky Trader mobile application is not intended as, and shall not be understood or construed as financial advice.
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