NFT Collection Yaypegs Price, Stats, and Review

What is an Yaypegs?

Yaypegs are a non-fungible tokens collection built on the Ethereum network launched in 11 November, 2022. 9,998 items of the Yaypegs collection can now be viewed at OpenSea.

How many owners does the Yaypegs collection have?

The total number of owners has reached 2609 within 105 days since its release.

NFT Collection Yaypegs Price and Sales

The market capitalization of Yaypegs NFT collection is 459.24 ETH. Since created the Yaypegs, 47,856 collections sales were made at an average price of 0.08 ETH (~$123.39 at the time of writing). This created a total volume in 3,696.877 ETH. The floor price of Yaypegs is 0.035 and the 30-day trading volume is kept at 242.58 ETH. The payment tokens of the Yaypegs collection are ETH, 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 Yaypegs Collection Over or Underpriced?

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

Yaypegs NFT Collection Examples

Yaypeg #1

Yaypeg #5

Yaypeg #6

Yaypeg #4

Yaypegs 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

Yaypegs editors list

The approved editor’s accounts of Yaypegs collection are 0x9c82303ce0bda427d3ae13d7ffff59e2a49a82ad.

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.