The Royal Cubs are a non-fungible tokens collection built on the Ethereum network launched in 20 January, 2022. 8,887 items of the The Royal Cubs collection can now be viewed at OpenSea.
How many owners does the The Royal Cubs collection have?
The total number of owners has reached 3379 within 401 days since its release.
NFT Collection The Royal Cubs Price and Sales
The market capitalization of The Royal Cubs NFT collection is 121.27 ETH. Since created the The Royal Cubs, 8,980 collections sales were made at an average price of 0.18 ETH (~$288.83 at the time of writing). This created a total volume in 1,623.784 ETH. The floor price of The Royal Cubs is 0.0155 and the 30-day trading volume is kept at 0.68 ETH. The payment tokens of the The Royal Cubs 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 The Royal Cubs Collection Over or Underpriced?
It is difficult to determine whether NFTs from the The Royal Cubs 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 The Royal Cubs collection is developed and promoted by its creators and community.
The Royal Cubs NFT Collection Examples
Royal Cub #0
Royal Cub #1
Royal Cub #2
Royal Cub #3
The Royal Cubs 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
The Royal Cubs editors list
The approved editor’s accounts of The Royal Cubs collection are 0x04745b4574b5044e216a8440eb4ee001aaa3fd9a.
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.
