Table of Contents
- What is an Generativemasks?
- How many owners does the Generativemasks collection have?
- NFT Collection Generativemasks Price and Sales
- Why are some NFTs expensive and others not?
- Is the Generativemasks Collection Over or Underpriced?
- Generativemasks NFT Collection Examples
- Generativemasks fees
- Generativemasks editors list
What is an Generativemasks?
Generativemasks are a non-fungible tokens collection built on the Ethereum network launched in 12 August, 2021. 9,997 items of the Generativemasks collection can now be viewed at OpenSea.
How many owners does the Generativemasks collection have?
The total number of owners has reached 3271 within 555 days since its release.
NFT Collection Generativemasks Price and Sales
The market capitalization of Generativemasks NFT collection is 533.16 ETH. Since created the Generativemasks, 13,436 collections sales were made at an average price of 0.23 ETH (~$388.52 at the time of writing). This created a total volume in 3,058.182 ETH. The floor price of Generativemasks is 0.0568 and the 30-day trading volume is kept at 31.30 ETH. The payment tokens of the Generativemasks 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 Generativemasks Collection Over or Underpriced?
It is difficult to determine whether NFTs from the Generativemasks 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 Generativemasks collection is developed and promoted by its creators and community.
Generativemasks NFT Collection Examples
- Buyer fee to dev: 0 basis points
- Seller fee to dev: 1000 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: 1250 basis points
Generativemasks editors list
The approved editor's accounts of Generativemasks collection are 0x4b8619890fa9c3cf11c497961eb4b970d440127f, 0x6a4631279ccce80f7625b0434447f000f5a406cf.
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.