What is an TOKYO PUNKS by SABET?
TOKYO PUNKS by SABET are a non-fungible tokens collection built on the Ethereum network launched in 2 February, 2022. 4,848 items of the TOKYO PUNKS by SABET collection can now be viewed at OpenSea.
How many owners does the TOKYO PUNKS by SABET collection have?
The total number of owners has reached 2812 within 411 days since its release.
NFT Collection TOKYO PUNKS by SABET Price and Sales
The market capitalization of TOKYO PUNKS by SABET NFT collection is 207.88 ETH. Since created the TOKYO PUNKS by SABET, 5,951 collections sales were made at an average price of 0.18 ETH (~$314.78 at the time of writing). This created a total volume in 1,078.835 ETH. The floor price of TOKYO PUNKS by SABET is 0.0344 and the 30-day trading volume is kept at 3.59 ETH. The payment tokens of the TOKYO PUNKS by SABET 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 TOKYO PUNKS by SABET Collection Over or Underpriced?
It is difficult to determine whether NFTs from the TOKYO PUNKS by SABET 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 TOKYO PUNKS by SABET collection is developed and promoted by its creators and community.
TOKYO PUNKS by SABET NFT Collection Examples
TOKYO PUNK #0000
TOKYO PUNK #0001
TOKYO PUNK #0002
TOKYO PUNK #0004
TOKYO PUNKS by SABET fees
Buyer fee to dev: 0 basis points
Seller fee to dev: 1000 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: 1250 basis points
TOKYO PUNKS by SABET editors list
The approved editor’s accounts of TOKYO PUNKS by SABET collection are 0x02eb75be1e72e988de64f0088d654d8ea1081e87.
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.