Social BEES University are a non-fungible tokens collection built on the Ethereum network launched in 31 December, 2021. 12,608 items of the Social BEES University collection can now be viewed at OpenSea.
How many owners does the Social BEES University collection have?
The total number of owners has reached 7057 within 436 days since its release.
NFT Collection Social BEES University Price and Sales
The market capitalization of Social BEES University NFT collection is 9,278.69 ETH. Since created the Social BEES University, 3,471 collections sales were made at an average price of 0.39 ETH (~$625.14 at the time of writing). This created a total volume in 1,368.654 ETH. The floor price of Social BEES University is 0.6899 and the 30-day trading volume is kept at 57.29 ETH. The payment tokens of the Social BEES University 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 Social BEES University Collection Over or Underpriced?
It is difficult to determine whether NFTs from the Social BEES University 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 Social BEES University collection is developed and promoted by its creators and community.
Social BEES University NFT Collection Examples
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Social BEES University 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
Social BEES University editors list
The approved editor’s accounts of Social BEES University collection are 0x745e8586ffdf3690be3aed54926ca1729172eec5, 0x699d95df1f94d00b015ff542f56c5af70fa3c1c5.
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.
