What is an Elderly Ape Retirement Club?
Elderly Ape Retirement Club are a non-fungible tokens collection built on the Ethereum network launched in 21 December, 2021. 4,999 items of the Elderly Ape Retirement Club collection can now be viewed at OpenSea.
How many owners does the Elderly Ape Retirement Club collection have?
The total number of owners has reached 2202 within 428 days since its release.
NFT Collection Elderly Ape Retirement Club Price and Sales
The market capitalization of Elderly Ape Retirement Club NFT collection is 88.15 ETH. Since created the Elderly Ape Retirement Club, 8,517 collections sales were made at an average price of 0.22 ETH (~$357.93 at the time of writing). This created a total volume in 1,880.973 ETH. The floor price of Elderly Ape Retirement Club is 0.01699 and the 30-day trading volume is kept at 0.57 ETH. The payment tokens of the Elderly Ape Retirement Club 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 Elderly Ape Retirement Club Collection Over or Underpriced?
It is difficult to determine whether NFTs from the Elderly Ape Retirement Club 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 Elderly Ape Retirement Club collection is developed and promoted by its creators and community.
Elderly Ape Retirement Club NFT Collection Examples
Elderly Ape #0
Elderly Ape #1
Elderly Ape #4
Elderly Ape #2
Elderly Ape Retirement Club 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
Elderly Ape Retirement Club editors list
The approved editor’s accounts of Elderly Ape Retirement Club collection are 0x788f5b84fcd603fe656edda276b28d09c29eff7e, 0xd838f86baa95963ac35d396533ac92c91d63f404.
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.