- What is an Flower Fam – Official? Flower Fam – Official is a non-fungible token collection built on the Ethereum network launched in 21 May, 2022. It has 6,969 items and 337 owners within 277 days since its release.
- Price and Sales The market capitalization of Flower Fam – Official NFT collection is 123.44 ETH and 11,315 collections sales were made at an average price of 0.17 ETH (~$270.20 at the time of writing). The floor price of Flower Fam – Official is 0.0149 and the 30-day trading volume is kept at 1.04 ETH.
- Why are some NFTs expensive and others not? NFT projects that started at the beginning of the market boom have garnered legitimacy purely because they had a first-mover advantage and NFT projects that stem from greed and exploitation often have no value.
Overview of Flower Fam – Official Collection
The Flower Fam – Official collection is a non-fungible tokens (NFTs) collection built on the Ethereum network launched in 21 May, 2022 with 6,969 items. Within 277 days since its release, it has gained 337 owners. The market capitalization of this collection is 123.44 ETH and there have been 11,315 collections sales made at an average price of 0.17 ETH (~$270.20 at the time of writing). The floor price for this collection is 0.0149 while its 30-day trading volume stands at 1.04 ETH with payment tokens as ETH or WETH .
Price Determination for NFTs
It can be difficult to determine whether NFTs from any given project are overpriced or underpriced due to the lack of historical data or precedence in this emerging market space where many people realized profits beyond their wildest dreams when it took flight during its boom period due to opportunists taking advantage of it’s immense growth potential Some projects may garner more legitimacy by having a first mover advantage while others may just be created out of greed with no real value or purpose which would make them garbage in terms of investment potential or returns .
Assessment On Whether The Flower Fam -Official Collection Is Over Or UnderpricedIt’s hard to tell if the Flower Fam –Official Collection’s pricing structure is either over or underpriced as making such an assessment will become clearer when the overall market matures further with more active development in metaverses along with how specific projects like this one are promoted by their respective creators/communities .
Examples Of Flowers From The CollectionSome examples from this colleciton include:
- Flower Fam #1 li >
- Flower Fam #2 li >
- Flower Fam #3 li >
- Flower Fam #4 li >
< h2 >Fees Associated With Purchasing A Flower From This Collection h 2 >>
The buyer fee associated with purchasing any flower from this particular colleciton goes directly towards developers which currently stands at zero basis points .