Table of Contents
- What is an FoxyFam?
- How many owners does the FoxyFam collection have?
- NFT Collection FoxyFam Price and Sales
- Why are some NFTs expensive and others not?
- Is the FoxyFam Collection Over or Underpriced?
- FoxyFam NFT Collection Examples
- FoxyFam fees
- FoxyFam editors list
What is an FoxyFam?
FoxyFam are a non-fungible tokens collection built on the Ethereum network launched in 7 September, 2021. 3,333 items of the FoxyFam collection can now be viewed at OpenSea.
How many owners does the FoxyFam collection have?
The total number of owners has reached 1341 within 559 days since its release.
NFT Collection FoxyFam Price and Sales
The market capitalization of FoxyFam NFT collection is 105.55 ETH. Since created the FoxyFam, 4,882 collections sales were made at an average price of 0.21 ETH (~$366.79 at the time of writing). This created a total volume in 1,031.288 ETH. The floor price of FoxyFam is 0.018 and the 30-day trading volume is kept at 0.37 ETH. The payment tokens of the FoxyFam 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 FoxyFam Collection Over or Underpriced?
It is difficult to determine whether NFTs from the FoxyFam 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 FoxyFam collection is developed and promoted by its creators and community.
FoxyFam NFT Collection Examples
- 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
FoxyFam editors list
The approved editor's accounts of FoxyFam collection are 0xc0336e0d3b42753fcad1de61f0c9bb871109be20, 0x5881c0cb2ffb180a93e59fa9497ba9b54b8bba49, 0xb8367d9e61c8c04baade4833dc6187d7e9bd66a4.
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.