What is an Rare Land NFT?
Rare Land NFT are a non-fungible tokens collection built on the Ethereum network launched in 1 May, 2022. 9,988 items of the Rare Land NFT collection can now be viewed at OpenSea.
How many owners does the Rare Land NFT collection have?
The total number of owners has reached 4011 within 299 days since its release.
NFT Collection Rare Land NFT Price and Sales
The market capitalization of Rare Land NFT NFT collection is 9.98 ETH. Since created the Rare Land NFT, 24,646 collections sales were made at an average price of 0.06 ETH (~$93.85 at the time of writing). This created a total volume in 1,448.116 ETH. The floor price of Rare Land NFT is 0.001 and the 30-day trading volume is kept at 0.11 ETH. The payment tokens of the Rare Land NFT 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 Rare Land NFT Collection Over or Underpriced?
It is difficult to determine whether NFTs from the Rare Land NFT 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 Rare Land NFT collection is developed and promoted by its creators and community.
Rare Land NFT NFT Collection Examples
Rare Land #0
Rare Land #1
Rare Land #2
Rare Land #3
Rare Land NFT 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
Rare Land NFT editors list
The approved editor’s accounts of Rare Land NFT collection are 0x8747d05a7741ddeb81da648bc3307e7ecb1cc13a.
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.