All You Need to Know about Game of Thrones NFTs?

All You Need to Know about Game of Thrones NFTs?

Game of Thrones NFTs sold out in hours despite being met with backlash due to technical issues

An official Game of Thrones NFTs sold out in just seven hours on NFT marketplace Nifty's. That's despite the collection getting ridiculed on Twitter for its art quality, mainly due to several of the avatars having claw-like hands. The collection has been compared to the unpopular final season of the Game of Thrones TV show. The NFT collection was ranked 13 in terms of its sales in the market and witnessed around 2,894 transactions from over 991 buyers for $506,673.

NFTs (non-fungible tokens) are unique cryptographic tokens that exist on a blockchain and cannot be replicated. NFTs can represent real-world items like artwork and real estate. "Tokenizing" these real-world tangible assets makes buying, selling, and trading them more efficient while reducing the probability of fraud.

Buyers also have reported difficulties with getting their NFTs, including being double charged and not receiving the NFTs. Nifty's said any processed payments that did not result in NFTs appearing in a wallet will be reversed or refunded.

Creators Daz 3D said the NFTs and Build Your Realm project will "give fans the opportunity to build their realm through themed community activities, upgradeable avatars and digital collectibles including iconic moments, locations, characters, and more from the groundbreaking TV series."

Bizarre NFT designs don't surprise us anymore, from Mark Zuckerberg's childhood baseball card to Madonna giving birth to a tree. We thought it was the last but how wrong people were? The Game of Thrones designs are anything to go by, 2023 is set to be just as weird.

A highly anticipated series of officially licensed Game of Thrones NFT designs just dropped and received a bunch of swear words. On social media, people complained about the new "Game of Thrones" (GoT) non-fungible tokens (NFTs), and some said they were "poorly drawn." Others commented on the particularly odd way the artist drew the GoT characters' hands, as the fingers are very long and look like salad tongs. Some people referred to the GoT characters' hands as "salad fingers" on Twitter.

Some users reported waiting for hours just to be told they would have to wait even longer, and others alleged that by the time they received their NFTs, the floor price had already dropped.

Despite the issues, fans were excited about the opportunity to own a piece of the Game of Thrones legacy given how quickly these NFTs sold out.

Some experts see the criticism as a potentially bullish sign for collectors. The roasting of the collection may have put it on the spotlight and driven the demand for it, making it valuable for the collectors in the long run.

The release of the NFT collection is not only a new opportunity for fans to own a piece of the Game of Thrones legacy, but it also highlights the growing importance of NFTs in the digital world. These tokens are increasingly being used to prove ownership of digital and physical content, such as artwork, music, and items in video games.

According to cryptoslam.io statistics, during the last 24 hours, Solana's NFT collection BONKZ was the top-selling collection on Jan. 11, 2023, and the GoT NFT collection of Hero Boxes holds the 13th position in terms of sales. The GoT NFT collection has seen $506,673 in 24-hour sales volume, among 2,894 transactions and 991 buyers.

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