• Dreamland Genesis is a non-fungible tokens collection built on the Ethereum network launched in 20 December, 2021.
• There are over 4006 owners and 10,835 collections sales with an average price of 0.15 ETH (~$245.33).
• The market capitalization of Dreamland Genesis NFT collection is 36.07 ETH and the payment tokens of the collection are ETH, WETH, USDC.
What is Dreamland Genesis?
Dreamland Genesis are a non-fungible tokens collection built on the Ethereum network launched in 20 December, 2021. 9,993 items of the Dreamland Genesis collection can now be viewed at OpenSea.
Ownership and Sales
The total number of owners has reached 4006 within 432 days since its release. Since created the Dreamland Genesis, 10,835 collections sales were made at an average price of 0.15 ETH (~$245.33 at the time of writing). This created a total volume in 1,664.113 ETH. The floor price of Dreamland Genesis is 0.004 and the 30-day trading volume is kept at 1.15 ETH.
The payment tokens of the Dreamland Genesis collection are ETH, WETH, USDC.
Why Are Some NFTs Expensive?
NFTs are very new to the blockchain ecosystem and are still in their infancy; therefore it is difficult to determine whether an NFT’s value comes from legitimate artistic work or if it was created purely out of greed and exploitation which often have no real value or purpose other than to take advantage of market growth opportunities .
Is Dreamland Over or Underpriced?
It is difficult to determine whether NFTs from the Dreamland Genesis collection is overpriced or underpriced as it relies heavily on how well it is developed by its creators and promoted by its community as well as future market trends for NFTs and metaverses . The fees associated with buying/selling these types of collections also play a role in determining their overall worth .