The world of non-fungible tokens (NFTs) is gaining momentum with each passing day. Among the many NFT collections available in the market, one that has caught the attention of many enthusiasts is PridePunks 2018. In this article, we will take a closer look at this collection and assess its price and sales statistics.
PridePunks 2018 is an NFT collection built on the Ethereum network that was launched on June 23rd, 2018. The collection consists of 9,638 items that can now be viewed at OpenSea.
Since its release in June of 2018, the total number of owners for the Pride Punks has reached an impressive figure of around 2,620 within just over four years.
The market capitalization for the entire Pride Punks collection stands at 1,186.34 ETH as per reports. Since its creation back in June of 2018 until now there have been over 9k collections sold accruing to a total volume worth about 1,203 ETH at an average price point of around .13 ETH (~$228.50).
The floor price for this particular NFT series currently sits at .0699 while it's trading volume over a period spanning thirty days amounts to roughly around fifty-three eithers.
NFTs are still relatively new to blockchain technology and thus considered as being partway through their developmental stages; hence little historical data or precedence exists to assist in determining their actual value within any given market space or context.
At present some established projects carry more weight than others due largely to their first-mover advantage and the resultant legitimacy this has bestowed upon them. Opportunists have also taken advantage of market growth, creating NFTs for purely speculative reasons, leading to a glut of low-quality projects.
It is difficult to determine whether NFTs from the PridePunks 2018 collection are overpriced or underpriced. Making such an assessment will become clearer when markets for NFTs mature further in conjunction with metaverse development. The price is also influenced by how well-developed and promoted by its creators and community.
Here are several examples from within the Pride Punks collection itself: - Pride Punks - Pride Punks - Pride Punks - Pride Punks
The buyer fee to developers stands at around 0 basis points while sellers contribute about 700 basis points toward dev fees; ensuring that opensea.io receives no buyer fees but sellers pay up around 250 basis points thereon. Overall, there are zero extra payment tokens required beyond ETH/WETH usage.
The approved editor's accounts of PridePunks 2018 include those belonging to 0x5bb35c9576ef6e42d4447adcb3272f0b8582e82e, 0xe8d848debb3a3e12aa815b15900c8e020b863f31, as well as one other account with address details given as being at:
Disclaimer: This article is provided solely for informational purposes only and should not be used or construed as legal, tax investment financial advice whatsoever.