What is an Society of Degenerate Apes (SODA)?
Society of Degenerate Apes (SODA) are a non-fungible tokens collection built on the Ethereum network launched in 21 November, 2021. 9,996 items of the Society of Degenerate Apes (SODA) collection can now be viewed at OpenSea.
How many owners does the Society of Degenerate Apes (SODA) collection have?
The total number of owners has reached 4935 within 454 days since its release.
NFT Collection Society of Degenerate Apes (SODA) Price and Sales
The market capitalization of Society of Degenerate Apes (SODA) NFT collection is 77.47 ETH. Since created the Society of Degenerate Apes (SODA), 19,178 collections sales were made at an average price of 0.14 ETH (~$239.58 at the time of writing). This created a total volume in 2,691.713 ETH. The floor price of Society of Degenerate Apes (SODA) is 0.007 and the 30-day trading volume is kept at 0.18 ETH. The payment tokens of the Society of Degenerate Apes (SODA) collection are ETH, WETH, 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 Society of Degenerate Apes (SODA) Collection Over or Underpriced?
It is difficult to determine whether NFTs from the Society of Degenerate Apes (SODA) 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 Society of Degenerate Apes (SODA) collection is developed and promoted by its creators and community.
Society of Degenerate Apes (SODA) NFT Collection Examples
Society of Derivative Apes #0
Society of Derivative Apes #1
Society of Derivative Apes #2
Society of Derivative Apes #3
Society of Degenerate Apes (SODA) fees
- Buyer fee to dev: 0 basis points
- Seller fee to dev: 750 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: 1000 basis points
Society of Degenerate Apes (SODA) editors list
The approved editor’s accounts of Society of Degenerate Apes (SODA) collection are 0xe789d673dfb3c46801c6e1b1b707189a891b7fc8.
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.
Source: https://cryptodaily.co.uk/2023/02/nft-collection-society-of-degenerate-apes-soda-price-stats-and-review