Punked Goblins
Punked Goblins
Apr 07, 2023 - Apr 13, 2023
Marketplace: OpenSea OpenSea
Blockchain: Ethereum Ethereum

Punked Goblins is an NFT collection that comprises of 8,000 goblins living on the Ethereum blockchain. The collection is an experiment and features six types of goblins: Green, Brown, Red, Albino, Dark, and Gold. The rarity of the attributes matches that of the original punks. At a price point of just 0.002 ETH, Punked Goblins is an affordable entry point for those interested in NFTs. Holding a Punked Goblin not only provides access to a unique ecosystem but also grants access to the project's development team, which offers free support to other NFT projects. By investing in Punked Goblins, you have the opportunity to not only invest but also connect with a vibrant community of NFT enthusiasts.

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Explanation of the Key Terms

NFTs

NFTs have revolutionized the way we perceive and exchange digital assets. By using blockchain technology, NFTs provide a secure and immutable way to verify ownership and transfer of unique digital assets. Unlike traditional digital files, NFTs cannot be duplicated or forged, making them a valuable asset for creators and collectors alike. With NFTs, artists can monetize their digital creations, and collectors can own a piece of unique digital art that can appreciate in value over time.

Blockchain

Blockchain is a distributed digital ledger technology that has the potential to transform various industries by providing a secure and transparent way to store and exchange data. By using a decentralized network of nodes, blockchain eliminates the need for intermediaries, reducing transaction costs, and increasing the efficiency of various processes. From finance to healthcare, blockchain has numerous applications that are yet to be fully explored. With its immutable and transparent nature, blockchain technology offers a trustless way to establish and verify digital identities, contracts, and transactions.

Ethereum Blockchain

Ethereum is a blockchain-based platform that allows developers to create decentralized applications and execute smart contracts. By using the Ethereum blockchain, developers can create and deploy their own custom tokens and execute complex transactions without the need for intermediaries. With its native cryptocurrency, Ether (ETH), Ethereum provides a way for users to interact with decentralized applications and pay for transaction fees. Ethereum's flexibility and programmability make it a popular choice for building various blockchain-based applications, from NFT marketplaces to decentralized finance platforms. As a result, Ethereum has become a vital component of the growing blockchain ecosystem.

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