• 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 .
Generativeskms Examples
Some examples from this collection include: #3799 – #3804 all priced differently depending on various factors stated above…