NFT Collection Flower Fam – Official Price, Stats, and Review

What is an Flower Fam – Official?

Flower Fam – Official are a non-fungible tokens collection built on the Ethereum network launched in 21 May, 2022. 6,969 items of the Flower Fam – Official collection can now be viewed at OpenSea.

How many owners does the Flower Fam – Official collection have?

The total number of owners has reached 337 within 277 days since its release.

NFT Collection Flower Fam – Official Price and Sales

The market capitalization of Flower Fam – Official NFT collection is 123.44 ETH. Since created the Flower Fam – Official, 11,315 collections sales were made at an average price of 0.17 ETH (~$270.20 at the time of writing). This created a total volume in 1,886.386 ETH. The floor price of Flower Fam – Official is 0.0149 and the 30-day trading volume is kept at 1.04 ETH. The payment tokens of the Flower Fam – Official 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 Flower Fam – Official Collection Over or Underpriced?

It is difficult to determine whether NFTs from the Flower Fam – Official 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 Flower Fam – Official collection is developed and promoted by its creators and community.

Flower Fam – Official NFT Collection Examples

Flower Fam #2

Flower Fam #3

Flower Fam #4

Flower Fam – Official fees

• Buyer fee to dev: 0 basis points
• Seller fee to dev: 690 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: 940 basis points

Flower Fam – Official editors list

The approved editor’s accounts of Flower Fam – Official collection are 0x799037c44f4c40bcc613fa6bf7402c467d61d964, 0xc2d92613244175cb2f52bf1eace9a4f69943600c.

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.