NFTs aren’t totally dead as crypto ‘Goblins’ swarm to NYC this week

A handful of investors claim the notoriously battered NFT sector is showing fresh signs of life after a spectacular fall – and hordes of so-called crypto “goblins” are swarming to events across New York City this week to tout their non-fungible tokens.

NFT.NYC, which began Tuesday at the Javits Center and ends Friday, has played host to more than 800 speakers and 100 events for the closely-knit investors in NFTs — pieces of collectible, authenticated digital art that has included the “Bored Ape” and “CryptoPunks” series.

Despite becoming a punchline among crypto skeptics over a major boom-and-bust in 2022, NFTs are still drawing steady interest, according to Alex Taub, co-founder of Goblintown, an NFT collection whose name refers to so-called “goblin” investors who have blown their cash on failed crypto purchases.

Source: NFTs aren’t totally dead as crypto ‘Goblins’ swarm to NYC this week