NFT Collection FoxFam Price, Stats, and Review

Table of Contents

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

What is an FoxFam?

FoxFam are a non-fungible tokens collection built on the Ethereum network launched in 2 October, 2021. 9,991 items of the FoxFam collection can now be viewed at OpenSea.

How many owners does the FoxFam collection have?

The total number of owners has reached 3364 within 506 days since its release.

NFT Collection FoxFam Price and Sales

The market capitalization of FoxFam NFT collection is 1,229.98 ETH. Since created the FoxFam, 20,903 collections sales were made at an average price of 0.35 ETH (~$602.89 at the time of writing). This created a total volume in 7,393.843 ETH. The floor price of FoxFam is 0.094 and the 30-day trading volume is kept at 25.61 ETH. The payment tokens of the FoxFam 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 “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 FoxFam Collection Over or Underpriced?

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

FoxFam NFT Collection Examples

FoxFam #0

FoxFam #1

FoxFam #2

FoxFam #3

FoxFam 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

FoxFam editors list

The approved editor's accounts of FoxFam collection are 0x6e1c38bb640463558d29f0d8fecc4d1f6fe960a9.

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.