NFT Collection KaijuFrenz: Genesis Price, Stats, and Review

What is an KaijuFrenz: Genesis?

KaijuFrenz: Genesis are a non-fungible tokens collection built on the Ethereum network launched in 25 March, 2022. 6,666 items of the KaijuFrenz: Genesis collection can now be viewed at OpenSea.

How many owners does the KaijuFrenz: Genesis collection have?

The total number of owners has reached 3407 within 360 days since its release.

NFT Collection KaijuFrenz: Genesis Price and Sales

The market capitalization of KaijuFrenz: Genesis NFT collection is 34.37 ETH. Since created the KaijuFrenz: Genesis, 10,458 collections sales were made at an average price of 0.11 ETH (~$189.22 at the time of writing). This created a total volume in 1,139.662 ETH. The floor price of KaijuFrenz: Genesis is 0.003 and the 30-day trading volume is kept at 0.41 ETH. The payment tokens of the KaijuFrenz: 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 KaijuFrenz: Genesis Collection Over or Underpriced?

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

KaijuFrenz: Genesis NFT Collection Examples

KaijuFrenz #0

KaijuFrenz #1

KaijuFrenz #2

KaijuFrenz #3

KaijuFrenz: Genesis fees

  • Buyer fee to dev: 0 basis points
  • Seller fee to dev: 500 basis points
  • Buyer fee to 0 basis points
  • Seller fee to 250 basis points
  • Buyer fee: 0 basis points
  • Seller fee: 750 basis points

KaijuFrenz: Genesis editors list

The approved editor’s accounts of KaijuFrenz: Genesis collection are 0x2cf6be63d54575de4f34246ed4cbe84bf11a9a96.

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.

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