NFT Fever: What are ‘Hashmasks’ and why are they so popular?

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NFT Fever: What are ‘Hashmasks’ and why are they so popular?

CryptoSlate2 months ago
Published on February 02, 2021 05:30 GMT+0edited on February 02, 2021 06:09 GMT+0

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A new type of non-fungible token is doing the rounds on Crypto Twitter. And it’s selling for 100s of ETH each.

Hashmasks and a frenzy

Spend an hour on Crypto Twitter today and you’d likely run into mentions of “Hashmasks,” a strange, mystic card that looks like comic drawings made by a child.

Mystical. Mystical. Mystical. Abstract. Mirror. pic.twitter.com/VxzOMGY7aY

— Hashmasks (@TheHashmasks) February 2, 2021

But don’t end up assuming the prices just yet: They are being sold for as much as 100 ETH ($14,400) in some cases, not counting a token airdrop that was done to Hashmasks holders which has itself surged by tens of percents. So what are they anyway?

Hashmasks are a type of collectible art cards in the form of a non-fungible token (NFT). The latter, for the uninitiated, is a …