Bringing forward a new wave of digital fashion, RTFKT sneakers managed to grab the attention of numerous NFT collectors, including celebrity Alexis Ohanian. RTFKT products have been among the most sought-after in the NFT space. Moving forwardĭespite a rather troublesome start, CloneX has garnered quite the fan base and following. The RTFKT team issued a public apology, and the auction resumed shortly after. Twitter and Discord overflowed with negative comments and disappointed collectors. In the case of the CloneX mint, the RTFKT team paused the Dutch auction midway, which some collectors interpreted as a push to keep the price of NFTs relatively high. However, pausing a Dutch auction is not very well accepted. Of course, you can wait for the price to drop, however, as this happens NFTs start selling out quickly.ĭutch auctions have become popular lately, boasting a reputation as the fairest way to distribute initial mint NFTs. Collectors have a chance to buy whenever they like, at the current price. A Dutch auction is designed to distribute NFTs gradually, with a high starting price, which declines over time. However, collectors were not really happy with this decision. Several hours after the Dutch auction public sale started, the team had to pause the sale, as both the website and smart contracts were flooded with attacks. Unfortunately, as the time came for the public sale on November 29th, problems began piling for the RTFKT team. The floor price for these pre-sale NFTs was higher too, at 3.7 ETH. The pre-sale event for whitelisted collectors started on November 27th, and CloneX Mintvile NFTs started flooding the secondary market. A troublesome start for CloneXĮxcitement and hype surrounded CloneX ever since RTFKT announced it’s going to launch a metaverse-first avatar collection. At the time of writing the floor price for a CloneX NFT is 3.33 ETH, or about $13.440. Demand for the RTFKT avatar collection has been massive ever since launch day on November 29th. Even more impressive is the fact that CloneX managed to outperform The Sandbox, which has been generating exorbitant amounts of trading volume in the past several weeks.
0 Comments
Leave a Reply. |