What ever happened to Loot NFT?

Probably the weirdest one on this list, Loot NFTs can be pictured as opening notepad on your computer, making the background black, and typing in items you would most likely hear in a game of Dungeons and Dragons.

Just like traditional NFTs such as Cryptopunks’ features, each weapon or item listed in the NFT has its own rarity. For example, out of all the 8,000 Loot bags, The Short Sword is only in 325 Loot bags, and the Divine Robe of the Fox is so rare it is only in one.

As of mid-September, $230 million USD worth of Loot has been bought and sold since its inception, making it the 6th most traded NFT collection by total volume. The average price for one Loot bag is $18,400 USD, and the most expensive one, which is the one that holds the Divine Robe of the Fox, sold for $1.44 million USD.

Loot NFTs really showed how creative and dedicated NFT buyer communities are. A project called “Lootmart” lets Loot NFT holders unbundle the items in their bag and turn them into individual items, which can then be traded with others Loot holders to create a custom bag. To make it even more impressive, each item in the NFT has its own World of Warcraft-like graphic generated by AI. Another project called Lootcharacter.Com creates 8-bit character graphics of each Loot bag with its items. The generated graphic is an “associative NFT” that can be tied to the Loot, and is transferred along with the Loot if sold. These are only two projects associated with Loot, so if you are interested in seeing how creative people can get, you can go check out more projects by searching them up!