If all the NFTs were sold in record time, some collectors expressed their dissatisfaction.
The official collection of NFTs (non-fungible tokens) from the famous Game of Thrones series , announced last November, tore the crypto community apart on Wednesday.
Called Build Your Realm , the collection offered for purchase NFTs called "Hero Boxes" for $150, including an avatar of a hero, as well as a few cards allowing collectors to create their own universe. Going on sale Wednesday, all NFTs (almost 5,000) were gone within hours.
"Collectables, activities and rewards will be unique to each chapter's regional houses, classes, characters and items from the groundbreaking TV series," said the Daz 3D company behind the project.
As a reminder, an NFT ("non-fungible token") is a digital title, issued by a blockchain (mainly Ethereum), and associated with a digital asset (photo, video, etc.). Each NFT is unique and cannot be reproduced. NFTs are used in art, the luxury sector or for trading cards in sports.
"Waiting line"
However, given the popularity of the television series, the sale of this collection of NFTs, circulating on the Palm blockchain, was the subject of a few hiccups. First, many collectors have complained about the process of selling NFTs on Nifty's marketplace, as even Nifty's admitted.
"We have temporarily suspended the queue to process pending transactions," Nifty's said, assuring collectors who haven't received their NFTs will get a refund.
Update on Build Your Realm Public Sale:
— Nifty's (@Niftys) January 10, 2023
We've paused the queue temporarily to work through current transactions. Processed payments that did not result in NFTs appearing in your wallet will be reversed or refunded.
If any Hero Boxes remain, we'll resume the sale shortly.
On Twitter, "one user claims he waited an hour to be told he had to wait another two and a half hours before he could buy his NFT. Another claims that by the time he received his NFT, the floor price had already gone down,” reports Decrypt. Indeed, the floor price of the collection fell around 0.07 ethers (93 dollars) at the time of the sales instead of the original price (0.11 ethers, or 150 dollars).
"No Vision"
Moreover, collectors have made fun of the design of this NFT collection. "This Game of Thrones NFT collection is just like the show's final season," Justin Taylor wrote. "No creative and terrible vision".
Some collectors even made fun of the "claws" instead of avatar hands.
Despite these initial hiccups, Games of Thrones will launch a second collection of NFTs, this time on the biggest NFT marketplace, OpenSea. A delicate operation, while the NFT market has been in freefall since 2022 .
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