NFT Collection Monaco Planet Yacht Price, Stats, and Review

What is an Monaco Planet Yacht?

Monaco Planet Yacht are a non-fungible tokens collection built on the Ethereum network launched in 12 November, 2021. 9,998 items of the Monaco Planet Yacht collection can now be viewed at OpenSea.

How many owners does the Monaco Planet Yacht collection have?

The total number of owners has reached 4665 within 467 days since its release.

NFT Collection Monaco Planet Yacht Price and Sales

The market capitalization of Monaco Planet Yacht NFT collection is 83.32 ETH. Since created the Monaco Planet Yacht, 13,673 collections sales were made at an average price of 0.18 ETH (~$298.66 at the time of writing). This created a total volume in 2,519.649 ETH. The floor price of Monaco Planet Yacht is 0.007 and the 30-day trading volume is kept at 0.12 ETH. The payment tokens of the Monaco Planet Yacht 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 Monaco Planet Yacht Collection Over or Underpriced?

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

Monaco Planet Yacht NFT Collection Examples

Monaco Planet #0

Monaco Planet #1

Monaco Planet #2

Monaco Planet #3

Monaco Planet Yacht fees

• Buyer fee to dev: 0 basis points
• Seller fee to dev: 450 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: 700 basis points

Monaco Planet Yacht editors list

The approved editor's accounts of Monaco Planet Yacht collection are 0x960dd00fdcad80912c16f99a72f651b2c914372b.

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.