NFT Collection R Planet - Genesis Collection Price, Stats, and Review

Table of Contents

• What is an R Planet - Genesis Collection?
• How many owners does the R Planet - Genesis Collection collection have?
• NFT Collection R Planet - Genesis Collection Price and Sales
• Why are some NFTs expensive and others not?
• Is the R Planet - Genesis Collection Collection Over or Underpriced?
• R Planet - Genesis Collection NFT Collection Examples
• R Planet - Genesis Collection fees
• R Planet - Genesis Collection editors list

What is an R Planet - Genesis Collection?

R Planet - Genesis Collection are a non-fungible tokens collection built on the Ethereum network launched in 25 October, 2022. 8,884 items of the R Planet - Genesis Collection collection can now be viewed at OpenSea.

How many owners does the R Planet - Genesis Collection collection have?

The total number of owners has reached 2789 within 146 days since its release.

NFT Collection R Planet - Genesis Collection Price and Sales

The market capitalization of R Planet - Genesis Collection NFT collection is 223.28 ETH. Since created the R Planet - Genesis Collection, 15,177 collections sales were made at an average price of 0.09 ETH (~$157.37 at the time of writing). This created a total volume in 1,375.573 ETH. The floor price of R Planet - Genesis Collection is 0.0253 and the 30-day trading volume is kept at 28.75 ETH. The payment tokens of the R Planet - Genesis Collection 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 R Planet - Genesis Collection Collection Over or Underpriced?

It is difficult to determine whether NFTs from the R Planet - Genesis Collection 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 R Planet - Genesis Collection collection is developed and promoted by its creators and community.

R Planet - Genesis Collection NFT Collection Examples

RPlanet #1

RPlanet #2

RPlanet #3

RPlanet #4

R Planet - Genesis Collection 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

R Planet - Genesis Collection editors list

The approved editor's accounts of R Planet - Genesis Collection collection are 0x2024b387878e8139221baf11efff94425b720bb3, 0x962c53cc0d27bc962b68e25ba51e2e412bf5ff91.

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.