What is an Galaktic Gang?
Galaktic Gang are a non-fungible tokens collection built on the Ethereum network launched in 14 December, 2021. 5,555 items of the Galaktic Gang collection can now be viewed at OpenSea.
How many owners does the Galaktic Gang collection have?
The total number of owners has reached 2570 within 435 days since its release.
NFT Collection Galaktic Gang Price and Sales
The market capitalization of Galaktic Gang NFT collection is 173.32 ETH. Since created the Galaktic Gang, 6,362 collections sales were made at an average price of 0.28 ETH (~$453.09 at the time of writing). This created a total volume in 1,778.569 ETH. The floor price of Galaktic Gang is 0.0285 and the 30-day trading volume is kept at 3.35 ETH. The payment tokens of the Galaktic Gang collection are ETH, WETH, APE.
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 Galaktic Gang Collection Over or Underpriced?
It is difficult to determine whether NFTs from the Galaktic Gang 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 Galaktic Gang collection is developed and promoted by its creators and community.
Galaktic Gang NFT Collection Examples
Galaktic Guy #1
Galaktic Guy #2
Galaktic Guy #3
Galaktic Guy #4
Galaktic Gang fees
Buyer fee to dev: 0 basis points
Seller fee to dev: 750 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: 1000 basis points
Galaktic Gang editors list
The approved editor’s accounts of Galaktic Gang collection are 0x8fc83d5db716d2ed579e1ab07473512be259e78a.
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.