What is an Okay Bears Yacht Club?
Okay Bears Yacht Club are a non-fungible tokens collection built on the Ethereum network launched in 18 May, 2022. 7,777 items of the Okay Bears Yacht Club collection can now be viewed at OpenSea.
How many owners does the Okay Bears Yacht Club collection have?
The total number of owners has reached 2824 within 279 days since its release.
NFT Collection Okay Bears Yacht Club Price and Sales
The market capitalization of Okay Bears Yacht Club NFT collection is 151.64 ETH. Since created the Okay Bears Yacht Club, 23,383 collections sales were made at an average price of 0.08 ETH (~$135.91 at the time of writing). This created a total volume in 1,864.535 ETH. The floor price of Okay Bears Yacht Club is 0.015 and the 30-day trading volume is kept at 2.71 ETH. The payment tokens of the Okay Bears Yacht Club collection are ETH, WETH, USDC, APE.
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 Okay Bears Yacht Club Collection Over or Underpriced?
It is difficult to determine whether NFTs from the Okay Bears Yacht Club 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 Okay Bears Yacht Club collection is developed and promoted by its creators and community.
Okay Bears Yacht Club NFT Collection Examples
Okay Bears Yacht Club #1
Okay Bears Yacht Club #2
Okay Bears Yacht Club #3
Okay Bears Yacht Club #4
Okay Bears Yacht Club fees
- Buyer fee to dev: 0 basis points
- Seller fee to dev: 800 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: 1050 basis points
Okay Bears Yacht Club editors list
The approved editor's accounts of Okay Bears Yacht Club collection are 0xea460a3193e792fc3affb7f379cec4ea28406015, 0x0000000ff29b5b2c2ebe300a250091f63b309625, 0xbea75e45134eb9f767c8a1c0b94cd3ecc92d2bc6.
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.