NFT Collection The Picaroons Price, Stats, and Review

What is an The Picaroons?

The Picaroons are a non-fungible tokens collection built on the Ethereum network launched in 13 April, 2022. 10,000 items of the The Picaroons collection can now be viewed at OpenSea.

How many owners does the The Picaroons collection have?

The total number of owners has reached 2873 within 315 days since its release.

NFT Collection The Picaroons Price and Sales

The market capitalization of The Picaroons NFT collection is 132.71 ETH. Since created the The Picaroons, 14,358 collections sales were made at an average price of 0.14 ETH (~$226.92 at the time of writing). This created a total volume in 2,010.326 ETH. The floor price of The Picaroons is 0.0119 and the 30-day trading volume is kept at 0.85 ETH. The payment tokens of the The Picaroons 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 The Picaroons Collection Over or Underpriced?

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

The Picaroons NFT Collection Examples

Cofresi de St.Malo

Tookerman of Cayagua

Halsey del Margarita

The Picaroons fees

• Buyer fee to dev: 0 basis points
• Seller fee to dev: 600 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: 850 basis points

The Picaroons editors list

The approved editor’s accounts of The Picaroons collection are 0x5e5dbd175b035873693955f1f55c0b4ef7358a0a.

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.