Hashmasks: The NFT Craze and Profit Phenomenon

Hashmasks: The Basics

Hashmasks have burst onto the NFT scene like a surprise guest at a dinner party—unexpected but undeniably captivating! This new project has successfully raked in over 7,600 ETH (that’s around $10 million for those not in the crypto loop) through sales exceeding 15,300 unique digital collectible cards. Each Hashmask is a little piece of art and investment combined.

The Price Explosion

Let’s talk profits, shall we? The owner of Hashmask #1, cleverly named after none other than former U.S. President Donald Trump, sold this digital gem for 97 Ether. That’s over $126,000! For context, it was originally bought for just 0.1 ETH. Do the math; that’s a whopping 96,900% profit—basically, the crypto equivalent of buying a soda in 1995 and finding out it was a rare collectible!

Pricing and Rarity

If you’re thinking about diving into the Hashmasks world, be prepared for a bit of sticker shock! Currently, snagging a Hashmask costs about 1.7 ETH, but hold on to your digital horses; the last two price epochs are pegged at 3 ETH and then a staggering 100 ETH. Talk about a rollercoaster ride! Only about 730 are left at the initial price before the next surge kicks in.

The Unique Features

Each Hashmask is designed to stand out from the crowd, boasting five unique characteristics: mask, character, eye color, skin color, and item. With so many combinations, collectors can flex their own unique masterpieces. And as if that wasn’t enough, Hashmask owners will face a surprise reveal scheduled for February 11—it’s like waiting for a birthday gift!

Naming Rights and Community Giants

But wait, there’s more! Owners get to name their unique NFTs using NCT (Name Changing Tokens). Accumulation is on a time clock with 10 NCT earned per day, and each name change will cost you about 1,830 NCT. Cleverly, no two cards can share the same name, adding another layer of exclusivity. Naming contests abound with names like ‘Satoshi Nakamoto’ and cheeky ones such as ‘CSW is not Satoshi’ already making waves in the community. It’s all good fun until you realize that NFT names could become more prestigious than your middle name!