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Recently, I saw something quite interesting—electronic music producer Steve Aoki has bought NFTs again, this time targeting Goblin NFTs. Speaking of which, this guy is a bit "notorious" in the NFT circle because projects he bought later experienced a sharp drop in floor price, and the community jokingly calls it the "Aoki Curse."
This time, he bought two Goblin NFTs in one go, spending 8 ETH and 8.88 ETH respectively, and it seems the curse has really come true. Not long after his purchase, the floor price of Goblin NFTs dropped from a high point to 3.4 ETH, a 15% decline in 24 hours. The market cap also fell to $65.72 million, and total trading volume shrank to $76.17 million. Interestingly, this actually sparked more curiosity about the project, as there aren't many projects that can attract such attention in a bear market.
Speaking of Goblin NFTs themselves, this is a collection of 10k cartoon character avatars, including strange dragons, wizards, zombies, and more, with characters living in a virtual small town. The most remarkable thing is that these "weird" styled avatars became popular right after launch, possibly because their "ugliness" became a selling point.
From trading data, Goblin NFTs have indeed performed differently from others. Most NFT projects usually reach their trading peak on the day of minting and then decline steadily. But this project is different; it experienced its most active trading day more than a week after launch—on June 1st—with overall trading volume continuing to grow. This might be related to its distribution method—using a free public sale, which is quite rare in the NFT space.
However, from a practical perspective, Goblin NFTs are quite empty. The project team admits there is no roadmap or utility tools. Currently, the only function is that holders can mint "Goblin Burgers" for free, but these burgers have no real use. The official hints at big plans in the future and mentions updating the roadmap, but there are no concrete details yet.
In terms of community buzz, the Twitter followers have already grown to 66k, with over 2,000 new followers added daily. There are rumors that this is a secret project by Yuga Labs behind the Bored Apes, though unconfirmed, this rumor has definitely increased interest among many.
It's worth noting that the project team is completely anonymous, active only on Twitter, with the main responsible persons called "Garf" and "Urki." Moreover, the smart contract hasn't been audited, and the metadata is stored on IPFS rather than fully on-chain. These are potential risks.
Honestly, by conventional standards, Goblin NFTs don't seem like a successful project—no roadmap, no utility, team is anonymous, contract not audited. But it just defies the usual pattern, growing counter to the bear market trend. Currently, there’s no Discord community, and it’s hard to say how the long-term development will go. At this point, it’s difficult to determine whether this NFT series can really sustain itself long-term.