• CHIBI DINOS are a non-fungible tokens collection built on the Ethereum network launched in 20 August, 2021.
• The total number of owners has reached 2934 within 551 days since its release.
• The market capitalization of CHIBI DINOS NFT collection is 541.56 ETH, with 17,878 collections sales made at an average price of 0.13 ETH.
About CHIBI DINOS
CHIBI DINOS are a non-fungible tokens collection built on the Ethereum network launched in 20 August, 2021. 9,999 items of the CHIBI DINOS collection can now be viewed at OpenSea. The total number of owners has reached 2934 within 551 days since its release.
Market Capitalization and Sales
The market capitalization of CHIBI DINOS NFT collection is 541.56 ETH. Since created the CHIBI DINOS, 17,878 collections sales were made at an average price of 0.13 ETH (~$217.89 at the time of writing), creating a total volume in 2,403.520 ETH . The floor price of CHIBI DINOS is 0.05 and the 30-day trading volume is kept at 5.09 ETH . The payment tokens of the CHIBI DINOS collection are ETH, DAI, WETH, USDC .
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 creative space , others have been made purely out greed and need to exploit immense market growth . NFT projects stem from greed exploitation often have no value ultimately garbage .
Is it Over or Underpriced?
It is difficult to determine whether NFTs from CHIBI DINO sthe collection is overpriced or underpriced . Making such assessment will become clearer when markets for metaverses develops more actively . Price influenced by how CHIBID INOs developed promoted creators community too .
Buyer fee dev: 0 basis points Seller fee dev: 500 basis points Buyer fee opensea : 0 basis points Seller fee opensea : 250 basis points Buy
• Generativemasks is a collection of non-fungible tokens built on the Ethereum network, launched in 12 August 2021.
• The market capitalization of Generativemasks NFT collection is 533.16 ETH and 13,436 collections sales were made at an average price of 0.23 ETH (~$388.52).
• It is difficult to determine whether NFTs from the Generativemasks collection is overpriced or underpriced as it depends on how they are developed and promoted by its creators and community.
Overview of Generativemasks Collection
Generativemasks is a non-fungible tokens collection built on the Ethereum network launched in 12 August, 2021. 9,997 items of the Generativemasks collection can now be viewed at OpenSea. The total number of owners has reached 3271 within 555 days since its release.
Generativemasks Price and Sales
The market capitalization of Generativemasks NFT collection is 533.16 ETH. Since created the Generativemasks, 13,436 collections sales were made at an average price of 0.23 ETH (~$388.52 at the time of writing). This created a total volume in 3,058.182 ETH. The floor price of Generativemasks is 0.0568 and the 30-day trading volume is kept at 31.30 ETH with payment tokens being ETH or WETH..
Why are some NFTs expensive and others not?
NFTs are very new to the blockchain ecosystem and are still in their infancy so it’s difficult to determine their value without any historical data or precedence that can assist in doing so.. Projects that started early during market boom have garnered legitimacy purely because they had first mover advantage; these established projects also had opportunity to improve upon issues that have plagued NFT market which has led them becoming more valuable.. Additionally, opportunists took advantage when NFT boom took flight as many realized profits beyond their wildest dreams which created space for exploitation as some projects lacked any real value behind them but only greed driving them forward.. Finally, digital art created by artists who recognize value that NFTs can add to creative space often have more worth than those just driven by greed alone..
Is the Generatvemask Collection Over or Underpriced?
It is difficult to determine whether NFTs from the Generativemasks collection are overpriced or underpriced due to lack of historical data or precedence available to do such assessment as it’s still a emerging market.. Also price will depend heavily on how well it’s developed & promoted by its creators & community .
Some examples from this collection include: #3799 – #3804 all priced differently depending on various factors stated above…
• Tether has improved its financial situation drastically, with a $700 million Q4 net profit and no longer any commercial paper backing.
• An attestation report from BDO Italia confirmed that Tether had $67 billion in consolidated assets and excess reserves of at least $960 million.
• Despite the improvements, suspicions remain as a full financial audit has not yet been conducted.
Tether Improves Finances
Tether has managed to improve its financial situation significantly in 2022, with a $700 million net profit reported in Q4. This allowed the company to get the commercial paper off of its books, meeting their target by the end of 2022. An attestation report provided by top-5 accounting firm BDO Italia confirmed this, stating that Tether had $67 billion in consolidated assets and excess reserves of at least $960 million.
The success counters FUD (fear, uncertainty, doubt) which had been heaped upon Tether for some time now due to uncertainties about the US dollar-pegged token’s backing. The improved finances have alleviated these doubts and Paolo Arduino, CTO of Tether stated that they were proud of how they had continued to be a driving force in rebuilding trust within the crypto industry.
Full Financial Audit Still Needed
A third-party attestation is only really a snapshot at a particular time and does not equate to a full financial audit which would allow full access to Tether’s books. Until such an audit is conducted it is likely that suspicions will remain regarding the integrity of its finances.
This article is provided for informational purposes only and is not intended or offered as legal, tax, investment or other advice.
Tether has seen remarkable improvements to its financial situation in 2022 which has allowed them to counteract FUD surrounding their US dollar-pegged token’s backing and rebuild trust within the crypto industry; however until an official financial audit is carried out there will still be lingering doubts about their actual finances.
• The U.S. Department of Justice has launched a probe into Silvergate Capital Corp. over its dealings with bankrupt crypto firm FTX and its sister concern Alameda Research.
• Federal prosecutors in the DoJ’s fraud section are conducting a criminal probe into the bank’s dealings, especially those with FTX and Alameda Research
• Silvergate could potentially be charged in light of the current environment and the anti-crypto sentiments among most U.S. government departments.
U.S Department of Justice Launches Probe Into Silvergate Capital Corp.
The United States Department of Justice has launched a probe into Silvergate Capital Corp. and its dealings with bankrupt crypto firm FTX and its sister concern Alameda Research. Prosecutors are examining the operations of Silvergate Captial Corp., which was one of the chief backers of FTX, as customers withdrew deposits totaling $8 billion after the crypto exchange collapsed, resulting in a net loss for the bank of $1 billion in the fourth quarter of 2022.
Criminal Probe Underway
Federal prosecutors in the DoJ’s fraud section are conducting a criminal probe into Silvergate’s dealings, particularly those involving FTX and Alameda Research, as well as their parent company’s risk management practices. The collapse of FTX’s ecosystem caused major trouble for Silvergate; as it had been hosting several accounts tied to businesses associated with FTX founder Sam Bankman-Fried, resulting in shares losing 88% of their value in 2022 and 40% premarket trading down since then due to increasing scrutiny from government bodies and policymakers.
Could Silvergate Be Charged?
Although no charges have been brought against Silvergate at this time, that possibility is still on the table due to growing anti-crypto sentiments among most U.S government departments as well as being requested by a bipartisan group of United State Senators for details concerning its risk management practices related to dealing with FTX and Alameda research firms..
Silvergates rise began when it went public in November 2019 following becoming significant feature as a bank for crypto companies that were turned down by traditional banking service providers; however since then it has suffered considerable losses due to customer withdrawals alongside increasing pressure from government bodies such as DOJ leading investors to become wary .
Although no charges have currently been brought up against them ,it remains possible that they may be charged due to changing political climate & rising anti crypto sentiment within US govt departments .