Feetpix.wtf’s newly launched nonfungible token (NFT) collection, “Feetpix,” has seemingly taken the NFT community by storm with surging trading volumes, prompting some to suggest the return of “degen” season.
Feetpix.wtf’s collection soared ahead of Bored Ape Yacht Club (BAYC) on Jan. 11 with the fifth-highest trading volume recorded on NFT marketplace OpenSea.
The project — which released 10,000 Feetpix NFTs — has traded over 825 Ether (ETH) ($1,157,000) across nearly 18,000 transactions since its release on Jan. 8.
Crypto Twitter is still split on what inspired the surge in foot fetish-NFT trading volumes. However, Feetpix noted the absence of a roadmap, promise and marketing scheme, suggesting a “love for feet” is not just legitimate but also clearly monetizable through digital art.
0 Roadmap0 Promises0 Marketing0 Paid influencers1 Common love for feet pic.twitter.com/Z8R8BWTXFh
Several Twitter users highlighted the absurd, short-term success of the project, suggesting a return of “degen szn” (season), which entailed a mass trading volume of high-risk NFT collectibles at the bull markets peak in 2021.
But even the creators themselves implied something could be mentally wrong with collectors, suggesting buyers “stop buying feetpix” and instead “use that money for therapy.”
The highly anticipated Game of Thrones “Build Your Realm” NFT collection launch has received a hefty dose of criticism despite ultimately selling out in seven hours on the NFT marketplace, Nifty’s.
The pseudonymous co-founder of Web3 gaming project Treeverse, Loopify, described the collection on Jan. 11 as the “worst thing I’ve ever seen.”
Game Of Thrones NFT revealthis is the worst thing I’ve ever seen pic.twitter.com/sMudsJgP2z
Loopify told their 200,000
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