NFT Collection BYOPill Price, Stats, and Review

Table of Contents

• What is an BYOPill?
• How many owners does the BYOPill collection have?
• NFT Collection BYOPill Price and Sales
• Why are some NFTs expensive and others not?
• Is the BYOPill Collection Over or Underpriced?
• BYOPill NFT Collection Examples
• BYOPill fees
• BYOPill editors list

What is an BYOPill?

BYOPill are a non-fungible tokens collection built on the Ethereum network launched in 16 July, 2021. 9,999 items of the BYOPill collection can now be viewed at OpenSea.

How many owners does the BYOPill collection have?

The total number of owners has reached 3061 within 584 days since its release.

NFT Collection BYOPill Price and Sales

The market capitalization of BYOPill NFT collection is 1,595.57 ETH. Since created the BYOPill, 17,206 collections sales were made at an average price of 0.40 ETH (~$679.16 at the time of writing). This created a total volume in 6,856.049 ETH. The floor price of BYOPill is 0.158684 and the 30-day trading volume is kept at 21.60 ETH. The payment tokens of the BYOPill collection are ETH, DAI, WETH, USDC.

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 “established” 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 BYOPill Collection Over or Underpriced?

It is difficult to determine whether NFTs from the BYOPill 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 BYOPill collection is developed and promoted by its creators and community.

BYOPill NFT Collection Examples

BYOPILL 0

BYOPILL 1

BYOPILL 2

BYOPILL 3

BYOPill fees

• Buyer fee to dev: 0 basis points
• Seller fee to dev: 500 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: 750 basis points

BYOPill editors list

The approved editor's accounts of BYOPill collection are 0xaa06e628cc9d2354a425a07c4bd9ec3e8fd8ec28.

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.