NFT Collection OCM Karma Price, Stats, and Review

What is an OCM Karma?

OCM Karma are a non-fungible tokens collection built on the Ethereum network launched in 29 June, 2022. 11,179 items of the OCM Karma collection can now be viewed at OpenSea.

How many owners does the OCM Karma collection have?

The total number of owners has reached 2695 within 241 days since its release.

NFT Collection OCM Karma Price and Sales

The market capitalization of OCM Karma NFT collection is 4,021.25 ETH. Since created the OCM Karma, 3,335 collections sales were made at an average price of 0.53 ETH (~$842.09 at the time of writing). This created a total volume in 1,758.179 ETH. The floor price of OCM Karma is 0.34 and the 30-day trading volume is kept at 140.03 ETH. The payment tokens of the OCM Karma collection are ETH, WETH, USDC, APE.

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 OCM Karma Collection Over or Underpriced?

It is difficult to determine whether NFTs from the OCM Karma 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 OCM Karma collection is developed and promoted by its creators and community.

OCM Karma NFT Collection Examples

Karma #10000

Karma #1

Karma #2

Karma #3

OCM Karma fees

• Buyer fee to dev: 0 basis points
• Seller fee to dev: 1000 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: 1250 basis points

OCM Karma editors list

The approved editor’s accounts of OCM Karma collection are 0x164e0d92eed7c397c675fede671b49ce2b289d1f.

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.