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What is an OSRS Punks?
OSRS Punks are a non-fungible tokens collection built on the Ethereum network launched in 18 July, 2021. 2,004 items of the OSRS Punks collection can now be viewed at OpenSea.
How many owners does the OSRS Punks collection have?
The total number of owners has reached 870 within 606 days since its release.
NFT Collection OSRS Punks Price and Sales
The market capitalization of OSRS Punks NFT collection is 44.07 ETH. Since created the OSRS Punks, 3,671 collections sales were made at an average price of 0.30 ETH (~$501.14 at the time of writing). This created a total volume in 1,104.926 ETH. The floor price of OSRS Punks is 0.039 and the 30-day trading volume is kept at 0.77 ETH. The payment tokens of the OSRS Punks collection are ETH, DAI, 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 OSRS Punks Collection Over or Underpriced?
It is difficult to determine whether NFTs from the OSRS Punks 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 OSRS Punks collection is developed and promoted by its creators and community.
OSRS Punks NFT Collection Examples
OSRS Punk #1
OSRS Punk #2
OSRS Punk #3
OSRS Punk #4
OSRS Punks fees
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OSRS Punks editors list
The approved editor's accounts of OSRS Punks collection are 0xbf5a330b28f7392e27d04c92e3eeb3afe15e23c4.
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