What is an XANA: GENESIS?

XANA: GENESIS are a non-fungible tokens collection built on the Ethereum network launched in 22 July, 2022. 9,998 items of the XANA: GENESIS collection can now be viewed at OpenSea.

How many owners does the XANA: GENESIS collection have?

The total number of owners has reached 3243 within 233 days since its release.

NFT Collection XANA: GENESIS Price and Sales

The market capitalization of XANA: GENESIS NFT collection is 6,227.98 ETH. Since created the XANA: GENESIS, 4,657 collections sales were made at an average price of 0.31 ETH (~$484.82 at the time of writing). This created a total volume in 1,424.137 ETH. The floor price of XANA: GENESIS is 0.619 and the 30-day trading volume is kept at 75.66 ETH. The payment tokens of the XANA: GENESIS 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 XANA: GENESIS Collection Over or Underpriced?

It is difficult to determine whether NFTs from the XANA: 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 XANA: GENESIS collection is developed and promoted by its creators and community.

XANA: GENESIS NFT Collection Examples

XANA: Genesis #9439 Amaira

XANA: Genesis #8683 Bianca

XANA: Genesis #3321 Caris

XANA: Genesis #0617 Honami (穂奈美)

XANA: GENESIS fees

  • Buyer fee to dev: 0 basis points
  • Seller fee to dev: 750 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: 1000 basis points

XANA: GENESIS editors list

The approved editor’s accounts of XANA: GENESIS collection are 0xb80f023c0dfa49397e4e238a462556cc60c1653e.

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.