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ToggleThe nWo is considered one of the best faction in the history of professional wrestling. It was originally formed in Eric Bischoff’s WCW during the mid 90s. Hulk Hogan shocked the entire world when he turned heel and teamed up with The Outsiders to form the nWo. The group expanded later and it will always be considered one of the best factions in the history of wrestling.
Eric Bischoff was one of the genius minds behind the success of the faction. He has talked about it so many times even after the death of it. Recently, he talked about the faction once again while he was talking on his 83 Weeks Podcast. He explained what was the real purpose of forming this faction. Here is what the WWE Hall of Famer had to say;

The Mastermind Speaks: Eric Bischoff Unravels the Mystery of nWo’s Inception
“One thing I think people that have never really tried to, who’ve never created anything or been in a position to, you know, your job is to come up with ideas and strategy, right? Your job is a creative job. It’s easy for people who have never been in that position to make assessments or have opinions that aren’t based on reality. You know, do I, as a part of what the concept for the NWO was, which is taking over WCW, that was the personality of the NWO we’re here to take over. It was anarchy meets professional wrestling. That’s what the NWO was.
“So the fact that the NWO took over the show was sloppy, or there were lulls, or it wasn’t as tight or executed as well, or as intense necessarily. I get all that criticism, and it’s valid criticism. But it also served its purpose that that night wasn’t about getting the highest rating we could get. That night was about continuing to build the theme, the personality, the brand of the NWO and brand building. And help get a lot of people over baby faces.

nWo Was One Of The Most Famous Faction Ever
“But it didn’t happen over a two-week, three-week, or 12-minute match. The idea was that we were going to crush WCW. We were gonna put WCW at the point where it didn’t look like WCW was going to be able to survive and then make their comeback. So if you look at the NWO and where the NWO is positioned at WCW, you look at the baby faces, and WCW as a whole, in this case, is the baby fa.
“If you look at the NWOs, the heel and WCW is the baby face. Yes. The idea, if you look at that 12 or 18-month window, where it was really on fire, was like a 12-minute match where the heel had control of the match for 10 of those 12 minutes. That was the idea. So I’m not sure if that answered your question or not. ’cause I actually forgot the question.”

The faction completely lost its charm after the death of WCW back in 2001. WWE tried to cash on it for a number of times but it never worked properly. The faction got inducted into the WWE Hall of Fame in class of 2020. It will always be remembered as one of the most revolutionary factions in the history of professional wrestling.
H/T to Wrestling Headlines for the transcription.