Table of Contents
- What is an BullsOnTheBlock?
- How many owners does the BullsOnTheBlock collection have?
- NFT Collection BullsOnTheBlock Price and Sales
- Why are some NFTs expensive and others not?
- Is the BullsOnTheBlock Collection Over or Underpriced?
- BullsOnTheBlock NFT Collection Examples
- BullsOnTheBlock fees
- BullsOnTheBlock editors list
What is an BullsOnTheBlock?
BullsOnTheBlock are a non-fungible tokens collection built on the Ethereum network launched in 27 June, 2021. 9,998 items of the BullsOnTheBlock collection can now be viewed at OpenSea.
How many owners does the BullsOnTheBlock collection have?
The total number of owners has reached 2128 within 603 days since its release.
NFT Collection BullsOnTheBlock Price and Sales
The market capitalization of BullsOnTheBlock NFT collection is 662.87 ETH. Since created the BullsOnTheBlock, 17,458 collections sales were made at an average price of 0.29 ETH (~$492.74 at the time of writing). This created a total volume in 5,046.962 ETH. The floor price of BullsOnTheBlock is 0.066 and the 30-day trading volume is kept at 26.71 ETH. The payment tokens of the BullsOnTheBlock collection are ETH, WETH.
Why are some NFTs expensive and others not?
NFTs are very new to the blockchain ecosystem and are still in their infancy. It is an emerging market meaning there is no historical data or precedence that can assist in determining the value of an NFT. NFT projects that started at the beginning of the market boom have garnered legitimacy purely because they had a first-mover advantage. These âestablishedâ NFT projects have also had the opportunity to improve and learn from the issues that have plagued the NFT market and have, in such a way, made themselves more valuable. When the NFT boom took flight, many people realized profits beyond their wildest dreams, creating a space for opportunists to take advantage of the market growth. While some NFTs can be considered digital art, created by an artist who recognizes the value NFTs can add to the creative space, others have been made purely out of greed and a need to exploit the immense market growth. NFT projects that stem from greed and exploitation often have no value and are ultimately garbage.
Is the BullsOnTheBlock Collection Over or Underpriced?
It is difficult to determine whether NFTs from the BullsOnTheBlock collection is overpriced or underpriced. Making such an assessment will become clearer when the market for NFTs and metaverses develops more actively. The price is also influenced by how the BullsOnTheBlock collection is developed and promoted by its creators and community.
BullsOnTheBlock NFT Collection Examples
- Buyer fee to dev: 0 basis points
- Seller fee to dev: 700 basis points
- Buyer fee to opensea.io: 0 basis points
- Seller fee to opensea.io: 250 basis points
- Buyer fee: 0 basis points
- Seller fee: 950 basis points
BullsOnTheBlock editors list
The approved editor's accounts of BullsOnTheBlock collection are 0xe56a6844ced868afb88272c669835d1f06191438.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.