People are gobbling up all the goblins in the NFT space,
drama amongst bears in this bear market,
and this Hollywood star was stolen!
Only this star is a Bored Ape.
Let's slide into your NFT update!
Goblins, unicorns, mosquitoes?
Oh my!
This week, goblintown.wtf flipped Bored Apes,
becoming the No. 1 on OpenSea in terms of sales volume
with over $8 million worth of sales in its first day.
Goblin Town has a somewhat grotesque collection of creatures,
including trolls, dragons, wizards and mosquitoes,
that started on Wednesday with the floor price of about a half an ETH
and has since tripled in value,
now trading at about one and a half.
Who would have thought people would actually buy mosquitoes?
I'm typically over here trying to kill as many as possible.
There is a rumor that Yuga Labs,
the creators of Bored Ape Yacht Club, were behind the goblins,
but now that doesn't appear to be the case.
The goblin creators are unknown,
and the project seemingly popped up out of nowhere!
Their website domain was only registered two weeks ago,
and currently there's no Discord, roadmap or utility.
But people on Twitter have been gobbling these up in a Twitter space
that was full of incoherent gurgling guttural cries in goblin speak, whatever that is.
I was actually in there. It sounded like
AAAAAAAUUUUUGGGHHHHH
The goblins also have a female counterpart Goblin Grlz.
We're not sure if the collections are from the same creators,
but the project have linked their Twitter accounts.
So if you want a goblin, but you prefer one shooting light out of her chest,
Goblin Grlz are for you.
So, what do you think?
Has the bear market officially driven people insane?
Or are goblins next apes?
Leave a comment below and tell us if you'd buy yourself a goblin.
Goblin deez nuts! Oh!
And speaking of the bear market,
there's some drama going down amongst the bears.
And no, I'm not talking about people who have been foretelling a bear market.
I'm talking about owners of a Solana NFT collection called Okay Bears,
which gained popularity among various NFT enthusiasts including Luke Jackson of the Atlanta Braves.
Go Braves!
When Okay Bears launched in April 2022,
the project started at a price point of 1.5 Solana
and has recently reached a price of 218 Solana
and over 100 million Solana trading volume on various NFT platforms.
But scandal ensued when a copycat project called Not Okay Bears popped up on the ETH blockchain.
They are simply mirror images of the Okay Bears
with an excessively snarky project description
"Bears on the blockchain that actually works"
which threw shade at the original project's choice to run on Solana.
Not Okay Bears also donated 20% of their proceeds to the Mental Health Impact Index,
joining in popular online mental health discourse,
and making the project even more attractive to collectors.
The copycat topped the NFT volume charts in the first two days after it launched in May of 2022.
But as they say,
don't poke the bear.
Because collectors of the original Okay Bears were furious
and started complaining to OpenSea about IP rights,
OpenSea ended up delisting Not Okay Bears two days after their launch on May 18.
And speaking of not being okay,
actor/producer Seth Green,
kind of known for Chris on Family Guy and creator of Robot Chicken,
lost the star of his upcoming NFT show,
his Bored Ape.
Green fell prey to a phishing website that absconded with several of his NFTs.
Green show White Horse Tavern is based on his extensive NFT collection.
And the trailer which he premiered last week at VeeCon extensively featured his stolen Bored Ape.
All of this sparked questions about whether Green can go forward with the show
now that he no longer owns the NFT.
Yuga Labs owns the copyrights to the Bored Apes and the Mutant Apes
but gives collectors an unlimited worldwide license to use, copy and display the purchased art
as well as create derivative works based on the Bored Ape intellectual property.
This license does not exclude buyers who might obtain the NFTs through criminal means.
Green has been tweeting @DarkWing84, who bought the stolen NFT
and then transferred it to a collection called the GBE Vault.
If DarkWing84 four bought the Ape without knowing it was stolen,
it could seriously throw a monkey wrench into Green's plans for the show
since DarkWing now owns the underlying IP associated with the White Horse Tavern show.
He said, "I bought that ape in July 2021 and have spent the last several months
developing and exploiting the IP to make it the star of the show,"
he said at the VeeCon panel.
Then days before he's set to make his world debut,
he is literally kidnapped!
Green says he's prepared to go to court
but hopes to solve the issue with DarkWing directly.
And hey, that's all we got for you today.
Make sure to like and subscribe.
And we'll be here next week to bring you more NFT goodness.
AAAAAAAUUUUUGGGHHHHH