NFT Collection Mad Rabbits Riot Club Price, Stats, and Review

What is an Mad Rabbits Riot Club?

Mad Rabbits Riot Club are a non-fungible tokens collection built on the Ethereum network launched in 11 October, 2021. 7,490 items of the Mad Rabbits Riot Club collection can now be viewed at OpenSea.

How many owners does the Mad Rabbits Riot Club collection have?

The total number of owners has reached 2192 within 499 days since its release.

NFT Collection Mad Rabbits Riot Club Price and Sales

The market capitalization of Mad Rabbits Riot Club NFT collection is 780.04 ETH. Since created the Mad Rabbits Riot Club, 9,713 collections sales were made at an average price of 0.18 ETH (~$298.58 at the time of writing). This created a total volume in 1,789.434 ETH. The floor price of Mad Rabbits Riot Club is 0.0597 and the 30-day trading volume is kept at 7 ETH. The payment tokens of the Mad Rabbits Riot Club 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 Mad Rabbits Riot Club Collection Over or Underpriced?

It is difficult to determine whether NFTs from the Mad Rabbits Riot Club 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 Mad Rabbits Riot Club collection is developed and promoted by its creators and community.

Mad Rabbits Riot Club NFT Collection Examples

Mad Rabbit #0000

Mad Rabbit #0001

Mad Rabbit #0002

Mad Rabbit #0003

Mad Rabbits Riot Club fees

• Buyer fee to dev: 0 basis points
• Seller fee to dev: 500 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: 750 basis points

Mad Rabbits Riot Club editors list

The approved editor’s accounts of Mad Rabbits Riot Club collection are 0x9704e7f9445509c740caafb4c6cd62cea03c3fa5, 0xd230f390abb50470fa265a022d673c6147bdc396, 0x060b103d088e3f5c8381c20cf2c5e675dda28d59, 0xd854526ea2e285666c9d35d2da3c07d514db90a7.

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.