In a stunning turn of events, the creator of the popular NFT artwork series “Goblintown” has publicly trashed his own artwork and disabled trading in the associated royalties stand. The move has shocked the NFT community and left many wondering what could have prompted such a drastic action.The creator, who goes by the name “Goblin King,” posted a scathing statement on his social media accounts, in which he called the artwork “garbage” and accused the NFT industry of being a “fad” that was “built on hype and greed.” He went on to say that he had become disillusioned with the whole concept of NFTs and no longer wanted anything to do with them.
The “Goblintown” series, which featured a cast of whimsical and mischievous goblins engaged in various activities, had been one of the most popular NFT collections of the past year. Collectors had paid millions of dollars for individual pieces, and the associated royalties stand had been generating significant income for Goblin King.
However, in his statement, Goblin King said that he had come to see the NFT industry as little more than a speculative bubble that was bound to burst sooner or later. He said that he did not want to be associated with it anymore and that he would be taking down all of his artwork from the various marketplaces where it had been listed.
The move has caused shockwaves in the NFT community, with many speculating about the reasons behind Goblin King’s sudden change of heart. Some have suggested that he may have been pressured by outside forces, while others believe that he may simply have lost interest in the project.
Whatever the reason, the fallout from this decision is likely to be significant. Many collectors who had invested heavily in “Goblintown” NFTs are now left wondering what will happen to their investments, while others are questioning the long-term viability of the NFT industry as a whole.
As for Goblin King, he has remained tight-lipped about his future plans, saying only that he intends to focus on “other creative endeavors” and that he hopes to “move on from this chapter in [his] life.” It remains to be seen what the future holds for him and for the NFT industry as a whole, but one thing is certain: the events of the past few days have shaken the NFT world to its core.
