NFT Collection Wabi Sabi Collective Genesis Price, Stats, and Review

What is an Wabi Sabi Collective Genesis? Wabi Sabi Collective Genesis are a non-fungible tokens collection built on the Ethereum network launched in 3 March, 2022. 5,677 items of the Wabi Sabi Collective Genesis collection can now be viewed at OpenSea. How many owners does the Wabi Sabi Collective Genesis collection have? The total number of owners has reached 1412 within 383 days since its release. NFT Collection Wabi Sabi Collective Genesis Price and Sales The market capitalization of Wabi Sabi Collective Genesis NFT collection is 0 ETH. Since created the Wabi Sabi Collective Genesis, 10,255 collections sales were made at an average price of 0.11 ETH (~$192.24 at the time of writing). This created a total volume in 1,135.362 ETH. The floor price of Wabi Sabi Collective Genesis is 0.007 and the 30-day trading volume is kept at 0.02 ETH. The payment tokens of the Wabi Sabi Collective Genesis 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 Wabi Sabi Collective Genesis Collection Over or Underpriced? It is difficult to determine whether NFTs from the Wabi Sabi Collective Genesis 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 Wabi Sabi Collective Genesis collection is developed and promoted by its creators and community. Wabi Sabi Collective Genesis NFT Collection Examples Wabi #0 Wabi #1 Wabi #2 Wabi #3 Wabi Sabi Collective Genesis fees Buyer fee to dev: 0 basis points Seller fee to dev: 650 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: 900 basis points Wabi Sabi Collective Genesis editors list The approved editor's accounts of Wabi Sabi Collective Genesis collection are 0xc6733f3dc224bd2556b1982acfacd35578985c78. 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.