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.
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.
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.