NFT Collection Bonsai by ZENFT Price, Stats, and Review

What is an Bonsai by ZENFT?

Bonsai by ZENFT are a non-fungible tokens collection built on the Ethereum network launched in 27 May, 2021. 8,888 items of the Bonsai by ZENFT collection can now be viewed at OpenSea.

How many owners does the Bonsai by ZENFT collection have?

The total number of owners has reached 2854 within 639 days since its release.

NFT Collection Bonsai by ZENFT Price and Sales

The market capitalization of Bonsai by ZENFT NFT collection is 332.19 ETH. Since created the Bonsai by ZENFT, 7,916 collections sales were made at an average price of 0.20 ETH (~$323.95 at the time of writing). This created a total volume in 1,605.424 ETH. The floor price of Bonsai by ZENFT is 0.035 and the 30-day trading volume is kept at 2.14 ETH. The payment tokens of the Bonsai by ZENFT 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 Bonsai by ZENFT Collection Over or Underpriced?

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

Bonsai by ZENFT NFT Collection Examples

Bonsai #1

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Bonsai #3

Bonsai #4

Bonsai by ZENFT 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

Bonsai by ZENFT editors list

The approved editor's accounts of Bonsai by ZENFT collection are 0x8f2b195992046c364de1eee5bd7a1060be2d82fa, 0xa60b256fee7e5beb09e26ade5439a9959204a609.

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.