What is an My Homies in Dreamland?
My Homies in Dreamland are a non-fungible tokens collection built on the Ethereum network launched in 21 January, 2022. 10,420 items of the My Homies in Dreamland collection can now be viewed at OpenSea.
How many owners does the My Homies in Dreamland collection have?
The total number of owners has reached 4911 within 416 days since its release.
NFT Collection My Homies in Dreamland Price and Sales
The market capitalization of My Homies in Dreamland NFT collection is 209.80 ETH. Since created the My Homies in Dreamland, 10,319 collections sales were made at an average price of 0.14 ETH (~$214.91 at the time of writing). This created a total volume in 1,398.796 ETH. The floor price of My Homies in Dreamland is 0.008 and the 30-day trading volume is kept at 1.28 ETH. The payment tokens of the My Homies in Dreamland 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 My Homies in Dreamland Collection Over or Underpriced?
It is difficult to determine whether NFTs from the My Homies in Dreamland 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 My Homies in Dreamland collection is developed and promoted by its creators and community.
My Homies in Dreamland NFT Collection Examples
My Homies in Dreamland #0
My Homies in Dreamland #1
My Homies in Dreamland #2
My Homies in Dreamland #3
My Homies in Dreamland 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
My Homies in Dreamland editors list
The approved editor’s accounts of My Homies in Dreamland collection are 0x21a9bdafe65e52e14fb76104fd3ce52c465ff402, 0xe4cd5b52b309fd29a30ad24a4ec55af76d1c92a1.
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.