What is an Sad Frogs District?
Sad Frogs District are a non-fungible tokens collection built on the Ethereum network launched in 9 August, 2021. 6,993 items of the Sad Frogs District collection can now be viewed at OpenSea.
How many owners does the Sad Frogs District collection have?
The total number of owners has reached 2186 within 562 days since its release.
NFT Collection Sad Frogs District Price and Sales
The market capitalization of Sad Frogs District NFT collection is 0 ETH. Since created the Sad Frogs District, 9,416 collections sales were made at an average price of 0.25 ETH (~$400.43 at the time of writing). This created a total volume in 2,326.453 ETH. The floor price of Sad Frogs District is 0.01 and the 30-day trading volume is kept at 0 ETH. The payment tokens of the Sad Frogs District collection are ETH, DAI, WETH, USDC.
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 Sad Frogs District Collection Over or Underpriced?
It is difficult to determine whether NFTs from the Sad Frogs District 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 Sad Frogs District collection is developed and promoted by its creators and community.
Sad Frogs District NFT Collection Examples
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Sad Frogs District fees
Buyer fee to dev: 0 basis points
Seller fee to dev: 300 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: 550 basis points
Sad Frogs District editors list
The approved editor’s accounts of Sad Frogs District collection are 0xf98b69744f9232038ddb95602dae1d7e4dc57e87.
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.