Game of thrones nft collection, “build your realm,” was launched by hbo and sold out within seven hours. the collection included hero boxes, which cost $150 (~0.11 eth) and included one hero avatar, three story cards, and nine resource cards. nifty announced that they had “paused the queue temporarily” due to congestion and some users reported waiting an hour before being told they would have to wait another 2.5 hours before their nfts were minted. justin taylor, the co-founder of web3 game project treeverse loopify, expressed criticism of the collection.
Collection was launched in late 2021 and was met with both excitement and criticism due to its connection to the show and its quality. former president donald trump also released a collection of 44,000 nfts last month, which sold out within 24 hours. the market reaction to this was mixed, with many investors seeing their nfts’ floor price plummet after the initial excitement.
Collection was sold through a presale of 3,450 hero boxes and public sale of 1,500 hero boxes. despite the initial excitement, some claimed that by the time they received their nfts, the floor price had already dropped. users have raised concerns about the visual look of the avatars, specifically the surreal hands. the nft market has seen an uptick over the past month, with many of the top 10 collections seeing double-digit increases in 30-day trading volume. however, trading volume is still a fraction of its highs in late 2021 and early 2022.