NFT Collection Secret Society of Whales Price, Stats, and Review

What is an Secret Society of Whales?

Secret Society of Whales are a non-fungible tokens collection built on the Ethereum network launched in 11 August, 2021. 10,000 items of the Secret Society of Whales collection can now be viewed at OpenSea.

How many owners does the Secret Society of Whales collection have?

The total number of owners has reached 3785 within 563 days since its release.

NFT Collection Secret Society of Whales Price and Sales

The market capitalization of Secret Society of Whales NFT collection is 219.53 ETH. Since created the Secret Society of Whales, 11,979 collections sales were made at an average price of 0.13 ETH (~$205.57 at the time of writing). This created a total volume in 1,541.632 ETH. The floor price of Secret Society of Whales is 0.0179 and the 30-day trading volume is kept at 2.21 ETH. The payment tokens of the Secret Society of Whales 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 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 Secret Society of Whales Collection Over or Underpriced?

It is difficult to determine whether NFTs from the Secret Society of Whales 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 Secret Society of Whales collection is developed and promoted by its creators and community.

Secret Society of Whales NFT Collection Examples

Secret Society of Whales #0

Secret Society of Whales #1

Secret Society of Whales #2

Secret Society of Whales #3

Secret Society of Whales 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

Secret Society of Whales editors list

The approved editor’s accounts of Secret Society of Whales collection are 0xb7759a43f615362c54c65eb7c10e3997dda98532, 0x23e40e9a6dbe9bb52be855ad23481957dbe1c40e.

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.