NFT Collection GM GN Industries by Degen Toonz Price, Stats, and Review

Table of Contents

• What is an GM GN Industries by Degen Toonz?
• How many owners does the GM GN Industries by Degen Toonz collection have?
• NFT Collection GM GN Industries by Degen Toonz Price and Sales
• Why are some NFTs expensive and others not?
• Is the GM GN Industries by Degen Toonz Collection Over or Underpriced?
• GM GN Industries by Degen Toonz NFT Collection Examples
• GM GN Industries by Degen Toonz fees
• GM GN Industries by Degen Toonz editors list

What is an GM GN Industries by Degen Toonz?

GM GN Industries by Degen Toonz are a non-fungible tokens collection built on the Ethereum network launched in 1 June, 2022. 2 items of the GM GN Industries by Degen Toonz collection can now be viewed at OpenSea.

How many owners does the GM GN Industries by Degen Toonz collection have?

The total number of owners has reached 934 within 288 days since its release.

NFT Collection GM GN Industries by Degen Toonz Price and Sales

The market capitalization of GM GN Industries by Degen Toonz NFT collection is 0.27 ETH. Since created the GM GN Industries by Degen Toonz, 3,233 collections sales were made at an average price of 0.38 ETH (~$630.39 at the time of writing). This created a total volume in 1,224.069 ETH. The floor price of GM GN Industries by Degen Toonz is 0.129999 and the 30-day trading volume is kept at 19.68 ETH. The payment tokens of the GM GN Industries by Degen Toonz 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 GM GN Industries by Degen Toonz Collection Over or Underpriced?

It is difficult to determine whether NFTs from the GM GN Industries by Degen Toonz 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 GM GN Industries by Degen Toonz collection is developed and promoted by its creators and community.

GM GN Industries by Degen Toonz NFT Collection Examples

GM GN Industries by Degen Toonz fees

• Buyer fee to dev: 0 basis points
• Seller fee to dev: 600 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: 850 basis points

GM GN Industries by Degen Toonz editors list

The approved editor's accounts of GM GN Industries by Degen Toonz collection are 0x034be3074ff759d0167ddf404db149d954dcdcee.

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.