September 21, 2022
By Murtuza Merchant
The newest craze among the industry’s Twitter community is storytelling NFTs.
It seems like everyone has been talking about it in the past week.
In reality, there are many Tweets that have only the phrase “Storytelling NFTs” without any further explanation.
What are these NFTs for stories that everyone is noticing, then?
The fact is that many see them as a means for Web3 to embrace storytelling, with community members creating, voting, and adding to stories.
Let us examine more closely what storytelling in the NFT community actually entails.
What are Storytelling NFTs
Simply said, storytelling NFTs provide local residents a means to participate in the artistic components of their communities.
They may now compose the narrative or tale behind an NFT collection, many of which could end up as published works if it is a success.
Storytelling NFTs You Should Know
Lacking a starting point for storytelling NFTs?
Here are a few of the top ones.
Jenkins the Valet created Bored and Dangerous.
The collection, which belongs to the storytelling genre, was made possible by the contributions of 3,000 members of “The Writers’ Room,” who oversaw the project’s creative direction.
Furthermore, the Bored and Dangerous book was written by Neil Strauss, a 10-time New York Times bestseller.
The characters that appear in the book, the artwork, and the “Where’s Jenkins” game are the property of the community that developed the collection.
The OpenSea floor price currently stands at 0.51 ETH, which is remarkable given the present weak market.
Azurbala is a related compilation.
Holders of the Bored and Dangerous card can burn their NFTs for an Azur Root (a sacred item within Azurbala that can be redeemed for a PFP NFT).
Azurbala is a fantasy-based work as opposed to the Bored and Dangerous collection.
Each of Azurbala’s factions, such as House Calypso, The Sprawls, and others, offers a unique online experience.
Renga, on the other hand, is a very distinctive collection of NFT narratives. It is a 10,000-character handmade collection that was first created by Dirty Robot Works.
The characters’ identities are included in the enormous collection. As stated in their OpenSea: “RENGA is the art of storytelling in its purest form.”
The floor price at the moment is 1.39 ETH, which is a significant and outstanding sum. This outstanding collection was motivated by community, art, and inspiration.
Future Possibilities of Collaborative Communities
Overall, it is apparent what these projects and their communities’ aspirations are.
As a result, if constructed properly, storytelling NFTs might play a significant role in the NFT market.
We shall wait to see if this is the future of the NFT area even though it is obvious that these initiatives are growing in popularity.
Despite the fact that it appears to be a niche market, a lot of people are enthusiastic about it.
About the author
Murtuza Merchant is a senior journalist and an avid follower of blockchain and cryptocurrencies.