• Notorious Frogs is an NFT collection built on the Ethereum network.
• The total number of owners has reached 2604 and 10,407 collections sales were made at an average price of 0.25 ETH.
• It is difficult to determine whether NFTs from the Notorious Frogs collection are overpriced or underpriced.
Overview of Notorious Frogs
Notorious Frogs is a non-fungible tokens collection built on the Ethereum network launched in 8 September, 2021. 10,000 items of the Notorious Frogs collection can now be viewed at OpenSea. The total number of owners has reached 2604 within 527 days since its release. The market capitalization of Notorious Frogs NFT collection is 703.32 ETH and 10,407 collections sales were made at an average price of 0.25 ETH (~$424.92 at the time of writing). This created a total volume in 2,590.648 ETH with payment tokens such as ETH, WETH and floor price 0.059 with 30-day trading volume kept at 7.64 ETH .
Why Are Some NFT’s Expensive?
NFT’s are very new to the blockchain ecosystem and are still in their infancy so it is hard to predict their value accurately without any historical data or precedence that can assist in determining the value for them. Projects that started at the beginning of this boom have gained legitimacy purely because they had first-mover advantage and also had opportunity to improve and learn from issues that have plagued NFT market so far which made them more valuable overall when compared to these projects that stem from greed and exploitation which usually have no value attached to them thus making them garbage projects .
Is The Notorious Frogs Collection Over or Underpriced?
It is difficult to determine whether NFTs from the Notorious Frogs collection are overpriced or underpriced until we get more clarity when market for NFT’s and metaverses develops more actively as well as by how creators develop & promote their project & community around it .
Examples Of Notorious Frog’s Collection
Some examples from this collection include: Notorious Frog #0 , #1 , #8 & #18 .
Fees For Buying/Selling From This Collection
The fees associated with buying/selling from this collection include : Buyer fee to developer – 0 basis points ; Seller fee to developer – 500 basis points ; Buyer fee to opensea .