NFT Collection Genzee Price, Stats, and Review
Genzee are a non-fungible tokens collection built on the Ethereum network launched in 13 October, 2021. 9,986 items of the Genzee collection can now be viewed at OpenSea.
How many owners does the Genzee collection have?The total number of owners has reached 2528 within 499 days since its release.
NFT Collection Genzee Price and SalesThe market capitalization of Genzee NFT collection is 691.85 ETH. Since created the Genzee, 13,958 collections sales were made at an average price of 0.10 ETH (~$166.55 at the time of writing). This created a total volume in 1,455.376 ETH. The floor price of Genzee is 0.0395 and the 30-day trading volume is kept at 7.51 ETH. The payment tokens of the Genzee collection are ETH, WETH, APE.
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 Genzee Collection Over or Underpriced?It is difficult to determine whether NFTs from the Genzee 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 Genzee collection is developed and promoted by its creators and community.
Genzee NFT Collection ExamplesGenzee #0
Genzee #1
Genzee #2
Genzee #4
Genzee fees- Buyer fee to dev: 0 basis points
- Seller fee to dev: 800 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: 1050 basis points
The approved editor's accounts of Genzee collection are 0x79a920f4f0d142264f147d5840248a8c0ca346d8.
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.
