Art Gobblers paint NFT Town Green with GOO!

“Some really funky and quirky aliens are strolling down NFT town. These aliens will gobble up your art and spew GOO in turn. Don’t worry, you can still see your precious art displayed in their stomachs. Weird? But don’t be a stranger, grab one of these Art Gobblers to show off your strokes and skills!”

It seems like the buzz around NFTs hasn’t died down at all, and one of the NFT projects with promising art, utility and community-focused approach is here! By now you’ve already seen Art Gobblers infiltrating your timelines. If not, we’ll help you put the puzzle pieces together to tell you what’s been brewing in the NFT community.

Art Gobblers is nothing but a digital art experiment carried out by the hit show Rick and Morty creator Justin Roiland and the Web3 venture capitalist company Paradigm. Well, the involvement of such a famous personality further boosts the project and the refreshing concept he added to NFTs gave it an edge in becoming a trending NFT project.

That’s just the tip of the iceberg. There are many other reasons why these Gobblers are very attractive to NFT enthusiasts. Let’s introduce the “handsome” alien NFTs: “Art Gobblers” that beam down to Earth’s surface straight from space.

What is the Art Gobblers NFT Project?

Art Gobblers is a decentralized art factory owned by strange aliens. These aliens are called Gobblers who eat art made by artists, motivating them with GOO tokens. The engulfed art is then displayed in their stomach, which is sort of like an art gallery.

Simply put, this decentralized art factory runs on art and the economy runs on GOO, an ERC20 Ethereum token that Art Gobblers spout from the hoses on their backs. When artists create cool art, Gobblers gain cultural relevance, ultimately increasing the demand for Gobbler art among collectors.

To sum it all up, Art Gobblers is a self-sustaining decentralized ecosystem centered around creating and collecting the coolest art, adding value to the NFT art culture.

Actually this hyped-up The Art Gobblers project has already raised $13 million in just 2 hours after launch. This must have piqued your interest to know how Art Gobblers work. Let’s dive in!

How do Art Gobblers work?

As the name “Art Gobblers” suggests, these creatures gobble up art. These alien ‘Gobblers’ eat art that artists draw using the ‘drawing tool’ and turn into 1/1 NFTs using in-game resources. The drawing tool works on iPad, desktop or Cintiq.

All NFT artwork a Gobbler eats is stored on the chain and displayed in the mage gallery forever. After digesting these artist-drawn NFT artworks, they produce Goo tokens which are used to produce the blank pages needed to create more art.

The creepy nature of Gobblers is that they love the smell of their own goo, so the more Goo they have in their Goo tanks, the faster they spew out more new Goo.

Access to Goo grows faster every day, starting in the hundreds and reaching billions and more over time. So in-game resources or items cannot be given fixed prices in Goo. Instead, a mechanism called VRGDA is responsible for balancing the game economy by automatically adjusting prices over time to target the desired issuance schedule.

For example, the VRGDA mechanism will move prices up when sales are ahead of schedule and down when sales are delayed.

To start with, it’s free to create fully animated Gobblers which are only 2000 in total. Over the next 10 years, players can create 8,000 more Gobblers using Goo Tokens. Issuance is relatively fast at first to start growth, but eventually slows down and eventually falls to preserve exclusivity.

These systems maintain interesting gameplay, making players decide when to trade Goo in exchange for Gobblers. This process changes the VRGDA price for everyone in the ecosystem.

What are pages in the Art Gobbler ecosystem?

Art Gobbler’s journey begins with artists imprinting their own drawings as 1/1 NFTs using in-game resources. This process is called Glamination. To draw their art, artists will need blank pages if they want to expand their art gallery.

Therefore, to glamorize your drawing on a page, you need a Blank Page NFT, which can be created using Goo. When the artist uses Blank Page NFTs to draw using the “drawing tool” and converts it to NFTs, those NFTs go into the Art Gobblers Pages collection. The NFTs are ERC721 tokens that belong to the artist and can be sold or transferred by the artist at will.

Art Gobbler’s ecosystem is based on producing these art pages. The number of pages allowed to be created in a given time period is limited by a VRGDA mechanism as explained earlier.

Any art that is glammed on a page will increase the cultural relevance of Art Gobblers which will capture the attention of the NFT community. With this, most skilled collectors will also jump at the chance to see the potential in Art Gobbler’s NFT project.

Blank Pages will also not exist at the time of embossing, but can be created shortly after using Goo. The initial creation rate will be 69 pages per day to allow the community to experiment with memes, art styles and more.

This issuance rate will decrease over approximately 8 months until it reaches a constant rate of 10 pages per day, which the protocol maintains forever.

No pages will directly accrue to the team, while one in ten newly created pages will go to the Vault to be distributed to artists in the community.

The role of Goo tokens in Art Gobbler’s economy

According to the GOO paper, Goo is an ERC20 Ethereum token produced by Art Gobbler’s NFTs. Goo is needed to create new blank pages. Art Gobblers ultimately decide what art can be created in the ecosystem, which also makes them co-curators of a decentralized art gallery.

Another tool for Goo is that you can create new Gobblers that make the gameplay all the more interesting. In this way, the players have to make a strategic decision not to fall behind other players in the game.

It would be a very bad strategy if you decide to hoard Goo tokens without owning any Gobbler NFTs. That’s because everyone else will be generating Goo with their Gobblers NFT, your share of the total Goo supply will quickly dwindle to nothing.

On the other hand, if you plan to own a lot of Gobblers but little Goo, your Goo production will be much less compared to other players.

What are Art Gobbler’s NFTs?

Art Gobbler’s NFTs are fully animated ERC721 tokens. These NFTs emit Goo and of course gobble art. Let’s say you own both an Art Gobbler NFT and some cool art on a Page NFT. If you feed that page to your Gobbler, ownership of the page is transferred on the chain to the Art Gobblers contract.

The contract has a mapping indication that shows which artwork belongs to which Gobbler. Also, that page becomes a permanent part of that Gobbler’s stomach gallery that a user can view via the Art Gobblers app.

Remember, if you decide to transfer Gobbler, all of the Gobbled artwork comes with it. Collectors can customize Gobblers however they like. For example, a Gobbler that contains only artwork by Justin, a Gobbler that contains only cute dog pictures, a Gobbler that contains autographs, a Gobbler that contains collaborative artwork from artists, and a variety of other possibilities.

As mentioned in the paragraph above, the first 2000 Gobblers are free to mint, but those on the coin list may only be able to mint. We will talk about mintlist later in this article. Note that there are a total of 10,000 Art Gobblers NFTs, remaining 8,000 Gobblers players can purchase with Goo tokens over the next 10 years.

Well, among those 10,000 are 10 legendary Gobblers. Before you scratch your head on how to get them, let’s define legendary Gobblers.

Also read: Doodle’s NFTs paint the city alive

What are legendary gobblers?

The Ten Legendary Gobblers are rare Gobblers who are represented as the supreme rulers of Gobbler civilization. These legendary Gobbler NFTs will be dropped over the next ten years. They arrive at certain predetermined times, giving the game a sense of structure with a touch of punctuated drama.

These Goo-boosting 1/1s Legendary Gobblers can only be obtained by burning a large number of regular Gobblers. The very first Legendary Gobbler is priced at 69 Gobblers and will be cheaper using the standard Dutch auction mechanism until purchased.

Each subsequent Legendary Gobbler will start at a price in regular gobblers equal to twice what the previous Legendary Gobbler sold for.

To compensate for the sacrificed normal Gobblers, Legendary Gobblers spray Goo at twice the speed of the combined Gobblers burned to summon them.

Also, a new Legendary Gobbler appears every time an additional 10% of the total number of Gobblers is issued via VRGDA. Each auction for Legendary Gobblers is scheduled to end when the next one appears or when all Gobblers have been issued in the case of the last Legendary.

How to stamp Art Gobblers?

So far we have established that Art Gobblers starts with a supply of 2000, issued as a free coin. But the people on the mint list were only allowed to mint these ‘free to mint’ Art Gobblers. Of these, 300 Gobblers go to the core team and the remaining 1,700 will go to the community, collaborators, artists, builders, competition winners, builders and others.

Mintlist was mainly composed of artists, collectors and builders who participated in 3 competitions – one for artists, one for collectors and one for builders.

The competition required artists to draw using the “drawing tool” illustrating a concept from the project’s Greenpaper. Collectors were asked to share their reflections on what Art Gobblers means to the word crypto-art – aesthetically, socially, culturally and economically. The builders were also asked to create anything consisting of Gobblers, Goo, protocols, or new games that integrate Gobbler assets.

Winners earned a spot on the coin list based on the coolest things they created for the Art Gobbler ecosystem. Mintlist also included the holder of an NFT from one of Justin Roiland’s previous collections and other small contests held to encourage collaboration.

As of now, the coin list is already full, and you can just wait for the next minting process or pick one up from the secondary market.

Over the next ten years, the remaining 8,000 gobblers will be minted. The protocol used will release around 200 Gobblers per month, but the supply will decrease over time. In this way, society can grow quickly while avoiding hyperinflation in the long term.

The distribution is such that one out of ten newly minted Gobblers will go to the team. A further one in ten will go to a vault to be distributed among the community.

Art Gobblers Future Aspects

There is no roadmap for Art Gobblers as of now. Neither Justin Roiland nor Paradigm nor the Art Gobblers team plan to build anything new after this ongoing free coin. Art Gobblers also has no metaverse plan yet.

It is based on an experimental alien technology that will be unleashed as more people join the ecosystem. The mechanism that makes up the Art Gobblers experiment is focused on empowering the artist and creating a collector-driven community.

As artists continue to create cool art, the cultural relevance of Art Gobblers will grow, and Gobbler art will become more sought after by collectors. Seeing the higher demand for collectors, artists will produce “cooler” art, and that’s how it will create a self-sustaining ecosystem.

Head on over to OpenSea or Blur to grab one of these goo-loving aliens, Gobble on!

Also read: List of celebrity NFTs to watch out for in 2023