Table of Contents
- What is an Chumbi Valley Official?
- How many owners does the Chumbi Valley Official collection have?
- NFT Collection Chumbi Valley Official Price and Sales
- Why are some NFTs expensive and others not?
- Is the Chumbi Valley Official Collection Over or Underpriced?
- Chumbi Valley Official NFT Collection Examples
- Chumbi Valley Official fees
- Chumbi Valley Official editors list
What is an Chumbi Valley Official?
Chumbi Valley Official are a non-fungible tokens collection built on the Ethereum network launched in 15 December, 2021. 4,096 items of the Chumbi Valley Official collection can now be viewed at OpenSea.
How many owners does the Chumbi Valley Official collection have?
The total number of owners has reached 1719 within 432 days since its release.
NFT Collection Chumbi Valley Official Price and Sales
The market capitalization of Chumbi Valley Official NFT collection is 589.93 ETH. Since created the Chumbi Valley Official, 4,586 collections sales were made at an average price of 0.71 ETH (~$1,201.92 at the time of writing). This created a total volume in 3,233.925 ETH. The floor price of Chumbi Valley Official is 0.117 and the 30-day trading volume is kept at 9.19 ETH. The payment tokens of the Chumbi Valley Official collection are ETH, 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 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 Chumbi Valley Official Collection Over or Underpriced?
It is difficult to determine whether NFTs from the Chumbi Valley Official 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 Chumbi Valley Official collection is developed and promoted by its creators and community.
Chumbi Valley Official NFT Collection Examples
Creature Frost Chumbi
Void Creature Chumbi
Creature Flame Chumbi
Void Forest Chumbi
Chumbi Valley Official 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
Chumbi Valley Official editors list
The approved editor's accounts of Chumbi Valley Official collection are 0x1f4989ca0536368223e884ea924c01e96b0e1f81.
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.