To Mint or not to Mint is the Question when Gas is so high it's a Learning Session
Today as Ethereum crossed $3500 and went higher the gas prices to Mint a .01 were $300 to $500! With ETH making its way back to ATH and Mutant Apes selling out $96 Million in 60 Minutes some people took profits and the NFT market is red across many projects!
One project that has been popping up on my radar and gathered 1000 people in a Clubhouse room tonight and I am so confused to what's going on here! Behold Loot ! According to the OpenSea description Loot is randomized adventurer gear generated and stored on-chain. Stats, images, and other functionality are intentionally omitted for others to interpret. Feel free to use Loot in any way you want.
The card reads
Grimoire of Enlightenment, Ring Mail, Helm, Ornate Belt, Hard Leather Boots, Chain Gloves, Amulet of Titans, and "Pandemonium Moon" Platinum Ring of Skill+1
It feels like "Dungeons and Dragons" meets Cards for Humanity, with a Splash of Monopoly and sprinkled with some Uno. In reality, the 6.1 ETH floor makes this a game very few can afford to play, and yet it is the project many are speaking about.
The world's first NFT Battle Bidding platform that uses a "Proof-of-Play" protocol.
The latest non-fungible token (NFT) craze is among the simplest – and the strangest – yet: a randomly generated list of items ostensibly intended for players of a fantasy video game.
In just five days, “Loot: (for Adventurers),” a text-based NFT side project from social media network Vine co-founder Dom Hofmann, has managed to attract $46 million in sales and a total market cap well in excess of $180 million.
Andrew Thurman
