• Bad Face Bots is an NFT collection built on the Ethereum network with 5,555 items.
• It has 2500 owners and a market capitalization of 61.11 ETH.
• The prices and fees of Bad Face Bots vary depending on the development and promotion of the collection.
Overview of Bad Face Bots
Bad Face Bots is a non-fungible tokens (NFT) collection built on the Ethereum network launched in 28 December, 2021. The total number of owners has reached 2500 within 442 days since its release. It consists of 5,555 items which can be viewed at OpenSea. The market capitalization for this NFT collection is 61.11 ETH with a 30-day trading volume kept at 0.22 ETH and floor price set to 0.025 ETH. The payment tokens for this collection are ETH and WETH.
Price & Sales
Since created, 6,757 collections sales were made at an average price of 0.18 ETH (~$297.02 at the time of writing). This created a total volume in 1,205.409 ETH making it one of the most successful NFTs in terms of sales volume to date. The fees for buyers and sellers vary depending on the platform used to purchase or sell these tokens; it ranges from 0 basis points (buyer fee) to 750 basis points (seller fee).
Why Some NFTs Are Expensive
NFTs are very new to the blockchain ecosystem and are still in their infancy meaning there is no historical data or precedence that can assist in determining the value of an NFT . Projects that started near the beginning have garnered legitimacy because they had a first-mover advantage allowing them time to improve their projects avoid any issues that may arise with newer projects entering into this space . Many people realized profits beyond their wildest dreams creating a space for opportunists to take advantage . Thus some NFTs are expensive because they have been around longer while others may not have any value due to being purely made out exploitation or greed .
Is Bad Face Bots Collection Over/Underpriced?
It is difficult to determine whether NFTs from the Bad Face Bots collection are overpriced or underpriced as it depends on how well developed and promoted by its creators/community members which will be more evident once this market develops further .
Examples Of Bad Face Bots
Some examples from Bad Faces Bot includes #1 , # 2 , #3 , #4 which all differ in design but follow similar pricing structures when sold through third party platforms such as OpenSea .