This article is from decrypt , the original author: Sander Lutz
Translator for Odaily Planet Daily | Moni
Don't panic when you see the header picture, "foot fetish" may not be so "perverted". After all, Jiang Wen's "Iron Porcelain" and well-known director Quentin Tarantino is also a member of this group. Now, an NFT project related to this hobby has been launched, and it has quickly attracted the attention of the encryption market-the NFT series Feetpix (Feetoix.wtf) consists of 10,000 extremely simple foot pictures. The transaction volume has surpassed "Boring Ape" BAYC, ranking among the top five in a single day.
Fleetpix, which debuted just three days ago, currently has a total transaction volume of approximately 6.40 ETH (approximately $855,000), with more than 16,000 transactions, most of which were completed in the past 24 hours. Similar to the popular NFT series such as "Goblin" goblintown and "Phanta Bear" on the market before, Fleetpix is also free to mint, and its floor price has jumped to 0.135 ETH(about 180 US dollars) at this stage.
Frankly speaking, many people are surprised that this NFT series can become popular in a short time. What stimulated the Fleetpix frenzy? Will there be hidden easter eggs in some pictures of beautiful feet? Is there a chance to become a DAO member by buying now? Is it possible to unlock the high "shame" foot pictures by holding its utility token?
Fleetpix's answer to these questions is: None! 0 roadmap, 0 commitment, 0 marketing, 0 paid influencer promotion, this project has only one purpose: "a common love for a pair of feet", as it says in the project description on the OpenSea platform: to give the crypto community a satisfaction" The deepest and darkest fantasy opportunities".
Rarity for Feetpix is set based on NFT attributes such as configurations such as socks, cigarettes, panties, as well as nail polish color and skin tone (including white, tan, brown, dark brown, and normal).
In fact, after Feetpix was listed on the NFT trading list, the encrypted community flocked to it, and people began to re-examine their views on feet-not just a "container" for wearing socks, but a beautiful, well-proportioned artworks——more importantly, the community believes that the success of Feetpix has become a sign of the end of the NFT bear market, "Degen is Back!"
In fact, for the outstanding performance of Feetpix, the encryption community believes that the NFT market based on "absurd culture" has returned. In 2021, the NFT market transaction volume reached 25 billion U.S. dollars, but with the arrival of the cold winter in May last year, the NFT transaction volume for the whole year of 2022 plummeted by nearly 90%. The absurdity and "bare feet" of Feetpix remind people of the early days of NFT's popularity, and some seemingly meaningless digital collections can also achieve incredible valuations.
Of course, no one is sure whether the thrill and excitement inspired by these 10,000 bipedal JEPGs can really revive the struggling NFT market. After all, even the anonymous creator of Feetpix is laughing at himself on social media. , I don’t know why their project can suddenly succeed.
The cold crypto winter continues, but the NFT market may be the key to reversing the current predicament.
