Table of Contents
- What is an Smol Brains?
- How many owners does the Smol Brains collection have?
- NFT Collection Smol Brains Price and Sales
- Why are some NFTs expensive and others not?
- Is the Smol Brains Collection Over or Underpriced?
- Smol Brains NFT Collection Examples
- Smol Brains fees
- Smol Brains editors list
What is an Smol Brains?
Smol Brains are a non-fungible tokens collection built on the Ethereum network launched in 16 August, 2022. 12,727 items of the Smol Brains collection can now be viewed at OpenSea.
How many owners does the Smol Brains collection have?
The total number of owners has reached 4760 within 192 days since its release.
NFT Collection Smol Brains Price and Sales
The market capitalization of Smol Brains NFT collection is 10,957.71 ETH. Since created the Smol Brains, 3,129 collections sales were made at an average price of 1.60 ETH (~$2,556.34 at the time of writing). This created a total volume in 5,007.634 ETH. The floor price of Smol Brains is 0.84 and the 30-day trading volume is kept at 788.64 ETH. The payment tokens of the Smol Brains 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 Smol Brains Collection Over or Underpriced?
It is difficult to determine whether NFTs from the Smol Brains 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 Smol Brains collection is developed and promoted by its creators and community.
Smol Brains NFT Collection Examples
Smol Brains 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
Smol Brains editors list
The approved editor's accounts of Smol Brains collection are 0x393248ae29a7c2128e8e27d23330b1f87e0600fc, 0xbae65c4ba62799f68817cbb2bb353da4572c23ae.
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.