What is an Moon Ape Lab Genesis?
Moon Ape Lab Genesis are a non-fungible tokens collection built on the Ethereum network launched in 17 January, 2022. 8,000 items of the Moon Ape Lab Genesis collection can now be viewed at OpenSea.
How many owners does the Moon Ape Lab Genesis collection have?
The total number of owners has reached 1159 within 404 days since its release.
NFT Collection Moon Ape Lab Genesis Price and Sales
The market capitalization of Moon Ape Lab Genesis NFT collection is 358.20 ETH. Since created the Moon Ape Lab Genesis, 9,586 collections sales were made at an average price of 0.17 ETH (~$265.57 at the time of writing). This created a total volume in 1,593.790 ETH. The floor price of Moon Ape Lab Genesis is 0.041 and the 30-day trading volume is kept at 3.37 ETH. The payment tokens of the Moon Ape Lab Genesis collection are ETH, WETH, USDC, 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 Moon Ape Lab Genesis Collection Over or Underpriced?
It is difficult to determine whether NFTs from the Moon Ape Lab 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 Moon Ape Lab Genesis collection is developed and promoted by its creators and community.
Moon Ape Lab Genesis NFT Collection Examples
MAL #1
MAL #2
MAL #3
MAL #4
Moon Ape Lab Genesis 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
Moon Ape Lab Genesis editors list
The approved editor’s accounts of Moon Ape Lab Genesis collection are 0x735874c07646520878776ad20e7418dcd3aa48cc.
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.