Table of Contents
- What is an The Project URS?
- How many owners does the The Project URS collection have?
- NFT Collection The Project URS Price and Sales
- Why are some NFTs expensive and others not?
- Is the The Project URS Collection Over or Underpriced?
- The Project URS NFT Collection Examples
- The Project URS fees
- The Project URS editors list
What is an The Project URS?
The Project URS are a non-fungible tokens collection built on the Ethereum network launched in 10 September, 2021. 9,981 items of the The Project URS collection can now be viewed at OpenSea.
How many owners does the The Project URS collection have?
The total number of owners has reached 3585 within 525 days since its release.
NFT Collection The Project URS Price and Sales
The market capitalization of The Project URS NFT collection is 82.41 ETH. Since created the The Project URS, 11,671 collections sales were made at an average price of 0.24 ETH (~$404.04 at the time of writing). This created a total volume in 2,762.554 ETH. The floor price of The Project URS is 0.009 and the 30-day trading volume is kept at 0.08 ETH. The payment tokens of the The Project URS 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 The Project URS Collection Over or Underpriced?
It is difficult to determine whether NFTs from the The Project URS 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 The Project URS collection is developed and promoted by its creators and community.
The Project URS NFT Collection Examples
The Project URS 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
The Project URS editors list
The approved editor's accounts of The Project URS collection are 0x18c182c3d20b9f611a65868b6042109a98e6ffce, 0x7efa5ad5d53fe393639b9cd5fe5f0d149f155199, 0xae1b0edfd2bed6be0abd7e9377f3a85b19225b1f.
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.