Table of Contents
- What is an M Ape Kids Club - M1?
- How many owners does the M Ape Kids Club - M1 collection have?
- NFT Collection M Ape Kids Club - M1 Price and Sales
- Why are some NFTs expensive and others not?
- Is the M Ape Kids Club - M1 Collection Over or Underpriced?
- M Ape Kids Club - M1 NFT Collection Examples
- M Ape Kids Club - M1 fees
- M Ape Kids Club - M1 editors list
What is an M Ape Kids Club - M1?
M Ape Kids Club - M1 are a non-fungible tokens collection built on the Ethereum network launched in 28 December, 2021. 2,998 items of the M Ape Kids Club - M1 collection can now be viewed at OpenSea.
How many owners does the M Ape Kids Club - M1 collection have?
The total number of owners has reached 1625 within 423 days since its release.
NFT Collection M Ape Kids Club - M1 Price and Sales
The market capitalization of M Ape Kids Club - M1 NFT collection is 29.98 ETH. Since created the M Ape Kids Club - M1, 7,745 collections sales were made at an average price of 0.23 ETH (~$360.25 at the time of writing). This created a total volume in 1,746.752 ETH. The floor price of M Ape Kids Club - M1 is 0.0119 and the 30-day trading volume is kept at 0.07 ETH. The payment tokens of the M Ape Kids Club - M1 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 M Ape Kids Club - M1 Collection Over or Underpriced?
It is difficult to determine whether NFTs from the M Ape Kids Club - M1 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 M Ape Kids Club - M1 collection is developed and promoted by its creators and community.
M Ape Kids Club - M1 NFT Collection Examples
M Ape Kids Club - M1 fees
- 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
M Ape Kids Club - M1 editors list
The approved editor's accounts of M Ape Kids Club - M1 collection are 0x59cacad5f405c369e092be30c7b571384fcb0a9d, 0xef214fa756dd2d6e9f593b74aa6ec689766fb81c.
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.