• hobotown.wtf is a non-fungible tokens collection built on the Ethereum network with 6,892 items of the collection.
• The market capitalization of hobotown.wtf NFT collection is 17.23 ETH and 13,587 collections sales were made at an average price of 0.10 ETH since its launch.
• The payment tokens of the hobotown.wtf collection are ETH, WETH and buyer fee to dev and seller fee to dev is 0 basis points and 750 basis points respectively.
What is an hobotown.wtf?
hobotown.wtf are a non-fungible tokens collection built on the Ethereum network launched in 2 June, 2022 with 6,892 items that can be viewed at OpenSea. There are currently 2967 owners within 284 days since its release.
Price and Sales
The market capitalization of hobotown.wtf NFT collection is 17.23 ETH and 13,587 collections sales were made at an average price of 0.10 ETH (~$157.29 at the time of writing). This created a total volume in 1,348014 ETH with a 30-day trading volume kept at 0.02 ETH and floor price of 0:002 ETH . The payment tokens used for this 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 without historical data or precedence that can assist in determining their value . Some projects have garnered legitimacy because they had first-mover advantage but others have been made purely out of greed and exploitation often having no value .
Is Hobotown Over Or Underpriced?
It is difficult to determine whether NFTs from the hobotown collection is overpriced or underpriced as it depends on how it’s promoted by its creators and community . Making such an assessment will become clearer when the market for NFTs develops more actively .
The buyer fee to dev : 0 basis points while seller fee to dev : 750 basis points , Buyer fee to opensea:io : 0 basis points while Seller fee to opensea:io : 250 basis points , Buyer fee : 0