NFTs get lots of stick from people who do not know a fantastic lot about them. Whilst a lot of them are literally just really costly JPEG recordsdata celebrities flex on their Twitter profiles a few of them do have give holders incentives for holding and supply actual use inside certain ecosystems.
‘Game of Thrones’ is a highly popular HBO T.V series that has been loved by tens of millions around the world at this point. It has an enormous finances and reportedly makes $285 million per episode.
This budget has not been put into their latest NFT explained collection it seems with fans taking to Twitter to level out their distress. Let’s look extra into this release and what was supplied.
The Game of Thrones NFT Collection
Released on Tuesday January 10th, this new assortment has been formally launched by Warner Brothers and their blockchain staff. The project has been given the title, “Build Your Realm” and has been released on the Nifty Marketplace.
So far Nifty have had some excessive calibre collections launched from franchises corresponding to Space Jam and The Matrix. The preliminary beginning worth for these NFT expectedly was not cheap, priced at $150 which was value zero.11 ETH on the time.
What precisely are these NFTs?
The NFTs have been launched within the form of collectible playing cards which at this point has been exhausted throughout the NFT marketplace space many would argue. Future use shall be delivered to the desk though as they are going to be usable within a Web3 recreation based on the Game of Thrones sequence.
On the day of release a total of 4,950 Hero playing cards had been made available. Users obtained these NFT collectibles by way of buying Hero Boxes. These featured other objects corresponding to three “story cards” and 9 “resource cards”.
Once obtained and the title is released with updates, gamers can use their resource playing cards to obtain in-game weapons. Many NFT initiatives promise X and Y, with results not precisely being superb for buyers ultimately. However, Warner Brothers are a world famend organisation and can (hopefully) have their followers finest interests in thoughts with no less than releasing the sport and making it playable.
So what’s all the fuss about?
Now we mentioned before that Game of Thrones as an entity made an excellent chunk of change from their TV collection alone. With that, one would presume this capital could be invested into the latest NFT project they have published.
This is not the case in any respect and got here as a shock to followers after they spent $150 to get in on the action.
Classic case of a multi-million dollar company fully blowing their chance to faucet right into a quickly creating market If @GameOfThrones had truly dedicated more time, thought, and sources into their high NFT token artwork they might have been massively rewarded in the future.
Classic case of a mutli-million greenback firm utterly blowing their chance to tap into a rapidly developing market❌
If @GameOfThrones had actually committed extra time, thought, and resources into their NFT art they might have been massively rewarded within the future📉 pic.twitter.com/iP5AEdGakP
— Farmer Nash🍬 (@FarmerNash_) January 11, 2023
The above Tweet is a showcase of the final ideas on this NFT collection. Users were treated to an incredibly bad CGI character reimagined on the blockchain. For a multi billion dollar firm to give the thumbs up on this, it’s clear someone wants a talking to within the workplace.
@Farmer Nash makes an excellent level previous the precise NFT itself. Warner Brothers have left a bad style in people’s mouths when regarding their entry into Web3, a somewhat emerging market nonetheless at this level.
The onslaught doesn’t stop there though as it was additionally discovered that the Resource Cards have been literally just images that had been ripped from Shutterstock.
“This Game of Thrones NFT collection is instead like the final season of the present. No artistic imaginative and prescient and terrible”.
Overall not a good start for the Game of Thrones franchise. Let’s hope future updates of this Build Your Realm venture are a bit extra promising.