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Goblintown collection to prioritize the ‘Worst’ traders in second season minting

Goblintown collection to prioritize the ‘Worst’ traders in second season minting

Big Inc, the sequel to the goblin-themed collection, is available at a 50% discount to token owners who mint using the meme coin PEPE.

Goblintown collection to prioritize the ‘Worst’ traders in second season minting

Truth Labs, the makers of the famous non-fungible token (NFT) collection Goblintown, are about to unleash the Season 2 mint, and it’s weirder than ever.

Truth Labs offers collectors free Big Inc token minting

The release date and timing for Big Inc, a 15,000-unit sequel to the Goblintown series, have not been announced. A representative for Truth Labs told CoinDesk that the company is on the lookout for “the worst traders in NFT land” and would give preference to collectors who have engaged in “rekt activity,” or poor trades.

“If you are one of the top 1,000 worst traders in NFT land you get 24 hours to mint your Big Inc acceptance letter for free,” said Truth Labs. Those who already own the Goblintown, Grumpl, or Illuminati NFT collections from Truth Labs will be able to mint their Big Inc tokens at no cost.

Process Grey, co-founder and artist of Truth Labs, says that the second season of Goblintown aims to shine a light on the culture and community that established Web3, whether economic conditions are favorable or not.

As Process Grey, co-founder and artist at Truth Labs, said “Currently everyone is down and to a lot of folks it feels like only the influencers survived the past year. Goblintown originally celebrated on the collective doom of the first wave of collapse — and Big Inc wants to now reward those who have stuck around!”

What is Big Inc?

Big Inc is the main topic of Season 2 of Goblintown, which is about a large company in the made-up city of Goblintown that has indoctrinated animals to work for it. The collection has artwork such as PFPs of animal heads with “super serious” expressions.

Collectors who are interested in participating can fill out an application with the mint, and the wallet data of participating traders will be evaluated by Truth Labs. The “Down Bad Board,” a sort of scoreboard, will feature the worst market traders.

The collection hopes to capitalize on the rising value of PEPE, the meme coin, which has increased in value by 2,100% in the previous month, reaching $502 million. Traders in Goblintown Season 2 will be able to accept PEPE as payment and receive a discount at the token mint in exchange.

It costs 0.096 ether (ETH), or around $175, to join the Mint. The current market price for NFTs is around $88 (0.048 ETH). If a business prefers to pay in PEPE, they will receive a 50% discount on the overall price.

When Goblintown’s mint first opened in May 2022, the collection defied then-current NFT market norms and raked in $7 million in revenues.

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About MahKa

MahKa loves exploring the decentralized world. She writes about NFTs, the metaverse, Web3 and similar topics.

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