NFT Collection Official Dormant Dragons Price, Stats, and Review

What is an Official Dormant Dragons?

Official Dormant Dragons are a non-fungible tokens collection built on the Ethereum network launched in 23 November, 2021. 5,000 items of the Official Dormant Dragons collection can now be viewed at OpenSea.

How many owners does the Official Dormant Dragons collection have?

The total number of owners has reached 1561 within 477 days since its release.

NFT Collection Official Dormant Dragons Price and Sales

The market capitalization of Official Dormant Dragons NFT collection is 0 ETH. Since created the Official Dormant Dragons, 8,967 collections sales were made at an average price of 0.14 ETH (~$237.75 at the time of writing). This created a total volume in 1,280.455 ETH. The floor price of Official Dormant Dragons is 0.0185 and the 30-day trading volume is kept at 0.19 ETH. The payment tokens of the Official Dormant Dragons 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 Official Dormant Dragons Collection Over or Underpriced?

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

Official Dormant Dragons NFT Collection Examples

Dormant Dragons #4726

Dormant Dragons #4727

Dormant Dragons #4728

Official Dormant Dragons 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

Official Dormant Dragons editors list

The approved editor’s accounts of Official Dormant Dragons collection are 0x1167ff8655e5bb5f891bd53add610d453563e356.

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.