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Squid Game-inspired NFTs now trading on OpenSea

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TL;DR

TL;DR Breakdown:

  • A 2,000 collection of Squid Game NFTs is now trading on the OpenSea NFT marketplace.
  • It remains unknown if these contents are also affiliated with Netflix or the producers of the survival drama. 

A collection of non-fungible tokens (NFTs) referencing the now-trending Netflix series “Squid Game” are seen trading on the NFTs marketplace, OpenSea.

Squid Game NFTs

Squid Game is Korean television survival series where over 400 cash-strapped people were invited to compete in children’s games for a tempting prize via a card with a circle, triangle, and square shape. The series was released in September and has already become popular in over 90 countries of the world. 

At the heels of the show’s popularity, an unnamed creator listed a collection of 2,000 Squid Game Card NFTs on OpenSea. As seen on the platform, the NFTs have been claimed by 422 people with a combined volume of 2.3 Ether (ETH), an equivalent of $7,967 at the time of publication. Some of the NFTs had similar shapes as the original card used in the series, while the others constituted Korean consonant letters. 

Should you buy it?

Counting on the search interest and popularity of the movie, the Squid Game NFT can make a good investment in the future. However, the legitimacy is questionable given the creator isn’t verified on OpenSea; besides, there’s no confirmation that the creator is affiliated with the producers of the series or Netflix. 

Also, the description reads that the “squid game cards are an invitation to enter the adventurous and mysterious metaverse games,” but failed to mention the details of the games, adding that the “genes characteristics and other functionality are intentionally omitted for unlimited imagination and community-driven game development.”

Meanwhile, this is coming as interest and demand in the NFT market are peaking. Recently, Cryptopolitan reported that the secondary sales in the market had surpassed over $10 billion. 

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Ibiam Wayas

Ibiam is an optimistic crypto journalist. Five years from now, he sees himself establishing a unique crypto media outlet that will breach the gap between the crypto world and the general public. He loves to associate with like-minded individuals and collaborate with them on similar projects. He spends much of his time honing his writing and critical thinking skills.

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