There’s a new player in the NFT (non-fungible token) space, and it’s called Bloot. Created by tropoFarmer, Dylan Orrell and Hunter Orrell, Bloot is a text-based NFT project that is quickly gaining traction among the crypto community.
What makes Bloot unique is that it doesn’t rely on images or videos to convey its message; instead, all of the content is text-based. This gives users a lot of flexibility when creating their bloots (NFTs). Bloot was also one of the first projects to offer NFTs at a fixed price. The project employs a free-to-mint mechanism and secondary royalties.
During one of the interviews, the Orrell brothers shared that the free-to-mint model does not give a price to the tokens that enable the market to determine what it deems valuable. And according to tropoFarmer, NFT market is such that requires a lot of in depth research. He advises people not to blindly follow whatever you read and rather do your own research in the NFT space to make an informed decision.
Since its launch, Bloot NFT has changed the landscape of what NFT project should look like. Currently, it is set on the path to become the next big thing in this NFT space.
For more information on the same, keep watching the Twitter handle of tropoFarmer.