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RaW pass NFT collection sells out in minutes
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RaW pass NFT collection sells out in minutes

Oct 19, 2023

RaW Pass, a fresh non-fungible token (NFT) assortment connected to the upcoming game Wallet Wars, was completely sold out within 5 minutes of its initial mint on Wednesday, according to Balthazar DAO, the blockchain infrastructure developer.

Key Points:

  • RaW Pass comprises 5,555 NFTs that were introduced with a mint price of 0.035 Ether (approximately US$5), with 555 set aside for the game's treasury.
  • These assets serve as upgradable ships for Wallet Wars, an NFT game inspired by Space Invaders, providing users with access to rewards and governance rights.
  • Balthazar DAO's CEO, John Stefanidis, emphasized the non-inflationary nature of the NFTs, emphasizing that they would lose their value once the season concludes to prioritize gameplay and a rewarding user experience.
  • The blockchain technology holds the potential to establish a fresh economic layer within gaming, enabling seamless ownership of in-game items, yet developers continue to grapple with sustaining player engagement.
  • Wallet Wars' inaugural season is slated to commence by the end of October, with approximately 90% of the estimated $500,000 net earnings being channeled into a prize pool for competitive players.

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