NFT Collection The GOAT Society Price, Stats, and Review
The GOAT Society are a non-fungible tokens collection built on the Ethereum network launched in 6 November, 2021. 7,805 items of the The GOAT Society collection can now be viewed at OpenSea.
How many owners does the The GOAT Society collection have?The total number of owners has reached 3154 within 500 days since its release.
NFT Collection The GOAT Society Price and SalesThe market capitalization of The GOAT Society NFT collection is 77.27 ETH. Since created the The GOAT Society, 7,746 collections sales were made at an average price of 0.14 ETH (~$249.72 at the time of writing). This created a total volume in 1,114.014 ETH. The floor price of The GOAT Society is 0.01 and the 30-day trading volume is kept at 0.46 ETH. The payment tokens of the The GOAT Society 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 GOAT Society Collection Over or Underpriced?It is difficult to determine whether NFTs from the The GOAT Society 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 GOAT Society collection is developed and promoted by its creators and community.
The GOAT Society NFT Collection ExamplesGoat Society #1
Goat Society #14
Goat Society #18
Goat Society #7
The GOAT Society 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
The approved editor's accounts of The GOAT Society collection are 0x7a984c84f0fafadaab7d0395e6abe560e26ff370.
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.