Latest mcgoblin.wtf News
Process Grey, the artist behind Truth Labs, teased artwork for one of the grumpls expected to reveal on November 15.
"sharing this cuz @ajt asked me to," Grey said in a tweet on Friday evening. The artist also noted that there will be eight 1/1 grumpls in the reveal on Tuesday. The grumpls being revealed will be based on burning 3 NFTs from the mcgoblintown.wtf collection.
ᵥᵣₒₒₘ ᵥᵣₒₒₘ gᵣᵤₘₚₗfᵣᵤₘₚₗ
— goblintown.wtf (@goblintown) November 9, 2022
₃ bᵤᵣgₑᵣₛ ᵣₑᵥₑₑₗ 11/15 pic.twitter.com/yi7JawNPcq
Goblintown is one of the NFT projects that informed its holders that they had no exposure to the FTX fallout. "Our stuff is on multi-sig. Zero exchange exposure," said Alex Taub, founder of Truth Labs, in a recent tweet.
Truth Labs, the creators of goblintown and IlluminatiNFT, shared an official universe map and scheduled an upcoming AMA for 2:00 p.m. ET today.
The universe map provides an easy-to-follow visual of all the NFT projects and offshoots from Truth Labs, perhaps most notably the work in creating the viral sensation, goblintown.
Goblintown eventually expanded into mcgoblins and grumpls, and the universe map includes a few redacted items that suggest more is on the way.
The same can be said for the Illuminati and 187 NFT projects, which both contain unaccounted-for roadmap items in the universe map.
Last but not least, Truth's latest endeavor, resurrecting CryptoFace, also found a place on the universe map with indications that at least four DAO-led projects and initiatives are set to spring off from the project.
While little is known about why the universe map was shared, more information will likely be provided during the upcoming AMA.
This is a developing story and will be updated by Lucky Trader as more information is learned.
Goblintown announced that its "baiting" mechanic will be released this Friday in a recent tweet.
Users must hold at least one of each of both a goblintown.wtf NFT and a mcgoblin.wtf NFT to be able to bait.
When users use their "combo meal" for bait they will burn their mcgoblin.wtf in the process.
There is no requirement that users must participate in the baiting.
For holders who do not wish to partake in this event, the team stated "there will be other things for burgers in the future," hinting at future utlity if the holder decides not to burn the NFT now.
Amid all of the recent security issues in the NFT space, the team said they recommend user to use a hot wallet to burn their NFTs but noted a hardware wallet be will acceptable.
While it is currently unknown what burning the NFTs will grant participants, the window to do so will remain open until Aug 19.
mcgoblin.wtf, the expansion collection to goblintown.wtf, released a "research" paper in a tweet earlier this evening.
While nothing is yet confirmed, the paper features instructions on how to trap "grumpls," an expected new NFT to be added to the ecosystem, and depicts that a burger will be necessary for doing so.
This comes after the project's recent reveal of a one-of-one puzzle.
Since the announcement, mcgoblin now ranks second in hourly volume with 94 ETH traded and has seen its floor price rise to 1.71 ETH according to the Lucky Trader Project Rankings.
Yesterday saw Fidenzas selling for 450 ETH, CryptoPunks receiving offers for more than 2,000 ETH, and Bored Ape Yacht Club making its way back a 100 ETH floor. Is Tuesday's NFT market filled with as many notable actions? Let us dive into it.
For more information on the real-time NFT market, refer to our project rankings page.
*All data is taken from the Lucky Trader Project Rankings page and is based on the last 24 hours of volume unless stated otherwise.
Cool Cats
Bill Murray, who has been in notable films Caddyshack and Osmosis Jones, recently purchased a Cool Cats NFT ahead of his own Coinbase NFT drop. Since that time, Cool Cats has done 72 ETH in volume on 16 unique sales. On top of this, the team did some updates and added a handful of new features to its game Cooltopia. While those might not seem like notable figures, it represents an increase of 89 percent in sales volume and a 60 percent increase in sales from the day prior. The floor price of the project is up four percent in the same time span and currently sits at 3.97 ETH.
WZRDS
At the time of writing, WZRDS sports a floor price of 3.20 ETH, an increase of more than 2000 percent from the day prior. But it's not quite that simple.
The project has seen a notable increase in volume and floor price thanks to a unique burning mechanic introduced by the team. Holders of a WZRDS NFT who stake their WZRD can use the rewards to burn other NFTs. This has resulted in less than one percent of the total collection being listed for sale on OpenSea.
For reference, Bored Ape Yacht Club and Doodles have six and five percent listed, respectively.
Want to learn more about what's going on with WZRDS? Read our guide or watch the YouTube short!
Goblintown
Goblins are currently second in total volume traded today with 770 ETH in sales. While there was no announcement or news to pinpoint ahead of this spike, the collection has been on fire for the last 24 hours.
The 770 ETH in volume is an increase of 256 percent from Monday and its current floor price of 3.70 ETH is an increase of 21 percent in the same time span.
Its expansion collection mcgoblin.wtf has also bolstered its numbers today with 227 ETH in sales volume and a 0.98 ETH floor price, an increase of 632 percent and seven percent respectively.
Low Market Volume
Despite big sales in multiple collections over the last week and floor prices increasing, volume is still down across the board. Today is far from over but the no collection has traded more than 1,000 ETH for the second consecutive day and according to Dune, the market is on track for its lowest sales day in terms of USD since July 2, which was the lowest day of sales in the last 3 months.
The @McGoblinBurger Twitter account has been suspended Tuesday for violating the platform's rules.
It is not known which of the terms of service the account ran afoul. Goblintown released a video of the account suspension set to the tune of Sarah McLachlan's "In the Arms of an Angel" eulogizing the suspension.
"₂0₂₂₋₂₀2₂ @McGoblinBurger ᵣₑₛₜ ᵢₙ ₚᵢₛₛ," the project tweeted.
McGoblinBurger is a companion project for Goblintown with a floor price of 0.72 ETH. Some are speculating that McDonald's may have had something to do with the suspension since many of the mcgoblin.wtf NFTs feature a logo that appears similar to the fast food restaurant's.
Other holders didn't appear concerned with the suspension — especially considering the unique marketing efforts of the Goblintown project, which doesn't have a Discord.
Headed for Goblin Town? The goblintown.wtf floor has fallen 30 percent in the last 24 hours to a floor price of 4.5 ETH.
The drop coincides with the collection's companion drop, the mcgoblin.wtf which went live late last night.
The companion collection has generated a floor price of 0.99 ETH thus far, giving the two assets a total value of approximately 5.5 ETH.
Volume remains heavy in the collection, only being outdone by recent free mint We Are All Going To Die.
