World Of Women NFT Channel Gone Within A Blink Of An Eye

Galaxy NFT collection by World of Women was 2nd NFT channel launched by the organization. They swiftly got sold during their release.
As of this writing, the World of Women Galaxy NFT collection had a Floor value of 1.58 Ethereum, which is equal to $5282.22.
Similar to its initial collection, its 2nd channel appears to be living up to its anticipations, but not all members of the community are happy about it.

Latest World Of Women (WoW) NFT Channel

World of Women Galaxy NFT collection proved to be a huge success for them. Its team declared the historical day, categorizing it as a triumph for all women in Web 3.0 as well.

Before World of Women Galaxy, Yam Karkai, commenced the World of Women channel, comprising 10,000 NFTs. Non Fungible Token currently has a floor value of 10 Ethereum, which is equal to $33,431.8 at the current Ethereum price.

Eventually, these Non Fungible Tokens traveled through a gateway to joining hands with Galaxy, making the WoWG NFT channel. They didn’t only witness unanticipated transformations but also escalated in numbers. This collection has a total of 2,222 NFTs and 9.8K processors at this moment.

Generally, the World of Women community commemorates fair opportunities, representation, and inclusivity for everyone. Several folks can resonate with this perspective, given the wider gender disparity in the NFT sector today. As per ArcTactic, women make up around 16% of the NFT artwork market.

Views Of WoWG Community

Undoubtedly, there there is not much dispute regarding this project’s success. The majority of parties are in agreement that WoWG has proven itself as a robust NFT collection, with several names supporting it. However, numerous Twitter users indicated that the release method could’ve been better.

World of Women Galaxy NFTs utilization as a Dutch auction, which can offer developers and artists more prominent revenue. However, affluent individuals can genuinely sweep up NFTs, before it marks a more affordable value.

Therefore, it is unsurprising that some folks are unhappy with this method. Yddubla and KTCCrypto_eth were among those folks speaking against Dutch auctions.

Great project, great cause but the way this was setup you have to admins was terrible. Dutch auctions are terrible, minting 10 per txn is to much. The only people who had a chance were those who already have mad money
— Iloveweedalot.eth (@yddubla) March 27, 2022

Additionally, another Twitter user indicated a tremendous interest in this project made gwei surge. This contributes to unfair perks that affluent collectors have as they would possibly win gas wars.

As per another Twitter user, the World of Women Galaxy NFT channel made gas fees go up to 900 Gwei.

Oh damn. Heard the Gas went to 900gwei coz of this lol.
WP.
— MuffinMan2192 (@MuffinMan2192) March 27, 2022

Furthermore, Twitter user Nate_Rivers exhibited his disappointment regarding misleading tweets from the organization.

A World of Women tweet mentioned that “The WoW Foundation pledges 50% of all earnings through #WoWGalaxy to @CodeGreen_nft”

But as per raphfac, co-founder of World of Women Galaxy, the foundation receives 10% of primary sales revenue and 25% from secondary market sales royalties. This means charity have their hands on 5% from primary and 0.5% from secondary market royalties.

Recently, the WoW NFT channel also shook hands with Hello Sunshine, a media house owned by Reese Witherspoon.

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Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.

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Source: https://www.thecoinrepublic.com/2022/03/28/world-of-women-nft-channel-gone-within-a-blink-of-an-eye/