NFT Worlds, a collection of NFTs based on Minecraft seeds, is now the most traded virtual worlds asset on OpenSea. After the first release of the live server for NFT Worlds, the value of $WRLD skyrocketed. Simultaneously, thousands of players and guilds joined in by purchasing NFT Worlds NFTs.
What exactly is NFT Worlds?
NFT Worlds is a collection of Minecraft-inspired NFTs. Each world is procedurally generated and contains resources of varying rarities. This has an impact on the world’s collection value and potential for airdrops. This isn’t just any Minecraft seed, though. Holders can fully customize their NFT and sync it to the blockchain. Also, they can share their designs with other players and even lease or monetize their land plots.
Interestingly, owners are free to make changes to their world as they see fit. Moreover, they can sync and save changes to the NFT at any time. And guess what? Any changes are then reflected in the image of the NFT. At present, there aren’t many projects that use mutable NFTs. Various professional Minecraft builders have sculpted some of these Worlds into truly amazing landscapes.
The team limited the NFT supply to 10,000. Several NFT projects have already seized an NFT World to serve as a base or headquarters for their community. This includes Metabears, Llamaverse, Bad Baby Dinos, Rare Ghost Club, Gray Boys, and Crazy Skulls.
The exponential growth in the project
Just after their launch, NFT Worlds were going for 1-2ETH. Following the project’s rapid growth, the floor price on OpenSea is now 14.99 ETH, far higher than the floor price on any of the other most traded Virtual Worlds, such as The Sandbox or Decentraland.
The reason for this is simple: many guilds are joining and constructing these Worlds. Things started to get real after the $WRLD token was released and the company switched to the second-layer side-chain Polygon.
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