2h ago • cryptodaily
SVB pays £15 million in bonuses to execs after rescue - Bitcoin?
Only days after being rescued by HSBC, the UK arm of the Silicon Valley bank received bonuses for its executives that total between £15m to £20m.
It might be argued that the SVB rescue was not a ‘bailout’ as such. It could be sustained that in fact the bank was bought by another bank (HSBC) … for a pound.
So after approaching a near collapse of the bank, which was engineered by the bank’s executives themselves, when they decided to buy long term treasuries which they were then forced to sell at a huge loss when depositors asked for their funds. This gross negligence was rewarded, just like it was back in the Global Financial Crisis of 2007/2008, by large bonuses to the banks’ executives.
Modest bonuses
This kind of occurrence appears to be so common and so matter of fact now that even the general public hardly turns a hair when it is reported that recently failed bank executives have been awarded bonuses after contributing to the collapse of their bank.
Comments on the matter by sources quoted by CoinTelegraph were along the lines that the bonuses were actually “modest”. It was also pointed out, as though to further bolster the case for the bonuses, that the stock owned by the executives had been “rendered worthless” by the bank’s collapse.
Bonuses in the banking industry are as extremely common as they are extremely uncommon in other industries. The question might also be asked as to where the money for the bonuses comes from?
Banking is inefficient, pays negligible return to depositors (especially after inflation is taken into account), and charges exorbitant fees to customers (credit cards, overdrafts etc.).
Banking is obsolete
In fact, given how financial innovations in crypto have sped up payments dramatically and at close to zero cost, it would appear that banking is practically obsolete.
However, people are still forced to hold a bank account, and are obliged to deal with the inefficiencies and high costs of doing so on a daily basis. However, change is coming, and that change is likely to speed up corresponding to the frequency of bank collapses.
The last throw of the dice for governments and their central banks is the imposition of central bank digital currencies (CBDCs). These are likely to fail, given that they are based on the same system.
Bitcoin anyone?
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.
2 days ago • cryptodaily
$MBLK Token Private Sale Exceeds Expectations, Sets Stage for IDO Success
Dubai, United Arab Emirates, 17th March, 2023, ChainwireZOGI Labs, a multidivisional blockchain company and gaming studio established in May 2021, and the team behind the revolutionary MMORPG Legends of Bezogia, has announced the successful conclusion of its private token sale for its in-game currency, Magical Blocks ($MBLK). Led by web3-focused M3 Ventures Ltd (HK), the investors, partners, and collaborators of ZOGI Labs also include notable industry leaders like Polygon (MATIC), Cronos Chain (Crypto.com), BNB Chain, as well as multiple ecosystem partnerships with platforms, guilds, and communities. The private sale exceeded all expectations, closing the round with $1.8 Million of token sales and setting the stage for a highly anticipated public sale (IDO).“I strongly believe the reason behind the confidence of our investors comes from Legends of Bezogia being a proprietary late stage product with a mature community and ecosystem which involves tens of thousands of gamers and many hundreds of beta testers that are experiencing Legends of Bezogia going into final release this year. This has established a strong demand for the $MBLK token already before its launch and release. Utility is what grows value for all stakeholders and our investors see that.” said CEO, Steve Murray, talking to industry leaders recently on the panel at AIBC conference in Dubai.This milestone marks a major step forward for $MBLK, as it prepares for its highly anticipated initial DEX offering (IDO) in April of this year. With a unique blend of blockchain technology and cutting-edge gaming mechanics, $MBLK is exactly what the industry has needed to seamlessly bridge the gaming and blockchain industry. Designed and coded from scratch by the ZOGI team, $MBLK establishes a new standard in sustainability mechanics and logics of an open-world metaverse environment. Learn more about this in ZOGI Labs' whitepaper.The overwhelming demand for $MBLK is a testament to the innovative nature of the project and the full-stack team of more than 45 talented individuals who are fully committed to delivering this immersive and entertaining decentralized gaming experience. With the private sale now closed, ZOGI Labs is turning its attention to the upcoming IDO, where it plans to offer whitelisted investors a chance to buy early and gain access to the exciting world of Legends of Bezogia.It's clear that the gaming and blockchain communities recognize the enormous potential of $MBLK and, after 2 rigorous years of development, are excited to see Legends of Bezogia coming to every major gaming platform and operating system in 2023.To stay informed about the IDO and Legends of Bezogia, sign up here and join our growing community today!About ZOGI LabsZOGI Labs is a multidivisional blockchain company and gaming studio established in May 2021, and the team behind the revolutionary MMORPG Legends of Bezogia. At ZOGI Labs, our mission is to seamlessly blend blockchain technology and cutting-edge gaming mechanics to create a truly immersive digital realm - a place where gamers can escape into stunning otherworldly landscapes, live vicariously through their Bezogi avatars, and have a block-buster of a time in the lands of Bezogia.ZOGI Labs is raising the bar for crypto-based games with breathtaking graphics, a rich storyline, quirky characters, and a level of fun that will keep you chained to your screen.ZOGI Labs is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.ContactCEOSteve MurrayZogi [email protected]
2 days ago • cryptodaily
Senator Warren neither understands the banking system nor crypto
Senator Warren is a woman looking for justice, and a fighter for the people. However, she is woefully deficient in her understanding of the banking system, and worse on crypto.
A fighter for the people
A champion of the people and equality, Senator Elizabeth Warren is a fiery and dogged supporter of causes that she believes will make things easier for the common person.
So how can she be so wrong about the monetary system and the wildly innovative world of crypto?
It must be acknowledged that Senator Warren really means well. To be fair, she does take various facets of the banking system to task, and is incredibly vociferous in condemning any nefarious practices that she is able to unearth.
On Monday she wrote a guest essay for the New York Times in which she took Washington leaders to task for “weakening the financial rules”. She wrote that she had fought against the rolling back of parts of the Dodd-Frank act that had allowed the bigger banks to “load up on risk”. Before the vote to make changes to the act, she was right when she said:
“Washington is about to make it easier for the banks to run up risk, make it easier to put our constituents at risk, make it easier to put American families in danger, just so the C.E.O.s of these banks can get a new corporate jet and add another floor to their new corporate headquarters.”
Looking at crypto through the lens of the system
She is able to see the excesses of the bankers without any problem, and she is vehemently combative against them when it is required. However, of the banking system as a whole, she appears to be completely blind, obviously believing that it is a system worth protecting.
If she cannot see the fatal flaws in the banking system, or she cannot find the time to educate herself about them, then for her to understand crypto would be highly unlikely. If you are deeply inside the system, then you see everything else through the lens of that system.
She must be blissfully unaware of what crypto is trying to do, and what Bitcoin has already done. Just as in the case of ancients like Warren Buffet and his number 2 Charlie Munger, Liz Warren does not have the slightest clue about anything in the crypto sector.
Like these two, she probably thinks that it is a danger to the only world that she knows, but she doesn’t realise that the world she thinks she knows is as broken, unfair, and as inefficient as it can get.
Could Warren one day change her mind?
It is such a shame that Senator Warren is so certain of herself that she will make no effort to check her views on both systems. Will it take a ‘road to Damascus’ type moment for her to see the light and start supporting what is the only chance for the common man or woman?
It is to be hoped that a woman who has fought so hard for justice will get that chance at some point. All of us can only pray that when it arrives she will take it.
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.
2 days ago • cryptopotato
Crypto Price Analysis Mar-17: ETH, XRP, ADA, BNB, DOT
This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Polkadot. Ethereum (ETH) This week, the market sentiment completely shifted, with bulls taking full control of the price action. ETH rallied by 21%, making it the best performer on our list. This spectacular rally allowed it to break above the key […]
2 days ago • cryptodaily
SingularityNET ($AGIX) Launches $RJV Utility Token, Surges 150%
In an environment where the majority of the cryptocurrency market is grappling with the ongoing crypto winter and challenges within the banking sector, Rejuve.AI ($RJV), an artificial intelligence token with connections to Cardano, has experienced remarkable traction, all while of course, also experiencing some degree of volatility.
At the time of writing, the token's price has skyrocketed by roughly 153% within the past 24 hours, reaching a new all-time high (ATH) of $0.1132, according to data from CoinMarketCap.
The token's recent surge can be traced back to its successful Token Generation Event (TGE), which followed a series of community funding round events. The token's design is linked to both Ethereum (ETH) and Cardano (ADA), leveraging the capabilities of two leading proof-of-stake (PoS) Layer 1 protocols. Rejuve itself was launched by SingularityNET ($AGIX) as a utility token, with the prospect of accelerating the extension of human health and lifespans. SingularityNET's thrust, in terms of the social impact it aims to achieve, is quite straightforward: to enable individuals to easily "create, share, and monetize" AI services through a globally accessible AI marketplace.
The current enthusiasm surrounding the Rejuve.AI protocol and token can be attributed to the crypto market's broader excitement in terms of artificial intelligence ecosystems and projects. With the introduction of OpenAI's ChatGPT and GPT-4 algorithmic models, numerous crypto projects are pivoting towards AI, devising solutions and applications to advance the frontiers of both AI and blockchain technology.
The convergence of AI and blockchain technology has garnered support from numerous proponents, and it is this intersection that Rejuve.AI is currently exploring. However, while the integration of artificial intelligence (AI) within the Web3 ecosystem offers numerous benefits that have the potential to revolutionize the way we interact with decentralized networks and applications, there are several factors that we (humans, yes, all too human humans) need to stay wary of.
The unethical use of artificial intelligence, especially in the context of Web3 and blockchain development, may lead to unintended consequences and threats. This may also be countered given how recent deployments of OpenAI's GPT-4 model were used to debug smart contract code, opening the possibility of outsourcing or automating code audits to large language models which contain vast libraries and databases of smart contract code, even those which may be too obscure or may be reserved only for those who have been developing smart contracts since its heydays sometime between 2013 and 2014, which was when Ethereum and other derivatives first sprang.
In this instance, AI-driven applications may be exploited for malicious purposes, such as manipulating markets, facilitating illegal activities, or creating fraudulent dApps. Moreover, the mass use of AI can amplify existing biases and inequalities, as algorithms may inadvertently reinforce discriminatory patterns present in training data.
Another potentially incriminating quandary with the use of AI for Web3 and blockchain development is this: the centralization of AI development and resources can potentially undermine the decentralized nature of Web3, resulting in power imbalances and compromised security. Consequently, it is crucial to approach AI integration in Web3 with caution, ensuring ethical and responsible use to prevent negative outcomes.
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. Opinions stated herein are solely of the author's, and hence do not represent or reflect CryptoDaily's position on the matter. The author has no stakes in any of the digital assets and securities mentioned, and does not have any significant hold of own any cryptocurrency or token discussed.
3 days ago • cryptodaily
NFT Collection Wrapped CryptoCats Official Price, Stats, and Review
What is an Wrapped CryptoCats Official?
Wrapped CryptoCats Official are a non-fungible tokens collection built on the Ethereum network launched in 14 March, 2021. 315 items of the Wrapped CryptoCats Official collection can now be viewed at OpenSea.
How many owners does the Wrapped CryptoCats Official collection have?
The total number of owners has reached 160 within 731 days since its release.
NFT Collection Wrapped CryptoCats Official Price and Sales
The market capitalization of Wrapped CryptoCats Official NFT collection is 0 ETH. Since created the Wrapped CryptoCats Official, 273 collections sales were made at an average price of 4.47 ETH (~$7,437.49 at the time of writing). This created a total volume in 1,219.497 ETH. The floor price of Wrapped CryptoCats Official is 3.25 and the 30-day trading volume is kept at 4.49 ETH. The payment tokens of the Wrapped CryptoCats Official 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 Wrapped CryptoCats Official Collection Over or Underpriced?
It is difficult to determine whether NFTs from the Wrapped CryptoCats Official 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 Wrapped CryptoCats Official collection is developed and promoted by its creators and community.
Wrapped CryptoCats Official NFT Collection Examples
Cat #14
Cat #339
Cat #271
Cat #475
Wrapped CryptoCats Official fees
Buyer fee to dev: 0 basis points
Seller fee to dev: 250 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: 500 basis points
Wrapped CryptoCats Official editors list
The approved editor's accounts of Wrapped CryptoCats Official collection are 0xae4196a511b17022d018a6bdc6549efa84034369.
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.
3 days ago • cryptodaily
NFT Collection Shabu Town Shibas Price, Stats, and Review
What is an Shabu Town Shibas?
Shabu Town Shibas are a non-fungible tokens collection built on the Ethereum network launched in 16 August, 2021. 9,981 items of the Shabu Town Shibas collection can now be viewed at OpenSea.
How many owners does the Shabu Town Shibas collection have?
The total number of owners has reached 3198 within 576 days since its release.
NFT Collection Shabu Town Shibas Price and Sales
The market capitalization of Shabu Town Shibas NFT collection is 0 ETH. Since created the Shabu Town Shibas, 7,193 collections sales were made at an average price of 0.17 ETH (~$280.90 at the time of writing). This created a total volume in 1,213.524 ETH. The floor price of Shabu Town Shibas is 0.004 and the 30-day trading volume is kept at 0.09 ETH. The payment tokens of the Shabu Town Shibas collection are ETH, DAI, WETH, USDC, SHIB.
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 Shabu Town Shibas Collection Over or Underpriced?
It is difficult to determine whether NFTs from the Shabu Town Shibas 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 Shabu Town Shibas collection is developed and promoted by its creators and community.
Shabu Town Shibas NFT Collection Examples
Shabu Town Shiba #0
Shabu Town Shiba #1
Shabu Town Shiba #2
Shabu Town Shiba #3
Shabu Town Shibas fees
Buyer fee to dev: 0 basis points
Seller fee to dev: 250 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: 500 basis points
Shabu Town Shibas editors list
The approved editor's accounts of Shabu Town Shibas collection are 0x1a1dd4f1549ae231bedba4cfee750252f9f77209, 0x54e35a069ff7916d594c4b7fd404bd7688f589da.
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.
3 days ago • cryptodaily
NFT Collection Bad Face Bots Price, Stats, and Review
What is an Bad Face Bots?
Bad Face Bots are a non-fungible tokens collection built on the Ethereum network launched in 28 December, 2021. 5,555 items of the Bad Face Bots collection can now be viewed at OpenSea.
How many owners does the Bad Face Bots collection have?
The total number of owners has reached 2500 within 442 days since its release.
NFT Collection Bad Face Bots Price and Sales
The market capitalization of Bad Face Bots NFT collection is 61.11 ETH. Since created the Bad Face Bots, 6,757 collections sales were made at an average price of 0.18 ETH (~$297.02 at the time of writing). This created a total volume in 1,205.409 ETH. The floor price of Bad Face Bots is 0.025 and the 30-day trading volume is kept at 0.22 ETH. The payment tokens of the Bad Face Bots 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 Bad Face Bots Collection Over or Underpriced?
It is difficult to determine whether NFTs from the Bad Face Bots 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 Bad Face Bots collection is developed and promoted by its creators and community.
Bad Face Bots NFT Collection Examples
Bad Face Bots #1
Bad Face Bots #2
Bad Face Bots #3
Bad Face Bots #4
Bad Face Bots fees
Buyer fee to dev: 0 basis points
Seller fee to dev: 750 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: 1000 basis points
Bad Face Bots editors list
The approved editor's accounts of Bad Face Bots collection are 0x41528f7c18b412e83a4feb32f3ee1356a4cc7a96.
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.
3 days ago • cryptodaily
NFT Collection Evolved Apes Inc Price, Stats, and Review
What is an Evolved Apes Inc?
Evolved Apes Inc are a non-fungible tokens collection built on the Ethereum network launched in 23 September, 2021. 9,940 items of the Evolved Apes Inc collection can now be viewed at OpenSea.
How many owners does the Evolved Apes Inc collection have?
The total number of owners has reached 4164 within 538 days since its release.
NFT Collection Evolved Apes Inc Price and Sales
The market capitalization of Evolved Apes Inc NFT collection is 0 ETH. Since created the Evolved Apes Inc, 9,318 collections sales were made at an average price of 0.13 ETH (~$214.93 at the time of writing). This created a total volume in 1,202.872 ETH. The floor price of Evolved Apes Inc is 0.004 and the 30-day trading volume is kept at 0 ETH. The payment tokens of the Evolved Apes Inc 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 Evolved Apes Inc Collection Over or Underpriced?
It is difficult to determine whether NFTs from the Evolved Apes Inc 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 Evolved Apes Inc collection is developed and promoted by its creators and community.
Evolved Apes Inc NFT Collection Examples
EvolvedApe #0
EvolvedApe #1
EvolvedApe #2
EvolvedApe #3
Evolved Apes Inc fees
Buyer fee to dev: 0 basis points
Seller fee to dev: 0 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: 250 basis points
Evolved Apes Inc editors list
The approved editor's accounts of Evolved Apes Inc collection are 0x992228c6903caa66f0e79b1129d36be780eaf6ac.
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.
3 days ago • cryptodaily
NFT Collection Roaring Leaders Price, Stats, and Review
What is an Roaring Leaders?
Roaring Leaders are a non-fungible tokens collection built on the Ethereum network launched in 16 September, 2021. 7,991 items of the Roaring Leaders collection can now be viewed at OpenSea.
How many owners does the Roaring Leaders collection have?
The total number of owners has reached 1544 within 546 days since its release.
NFT Collection Roaring Leaders Price and Sales
The market capitalization of Roaring Leaders NFT collection is 209.52 ETH. Since created the Roaring Leaders, 7,625 collections sales were made at an average price of 0.16 ETH (~$260.51 at the time of writing). This created a total volume in 1,193.020 ETH. The floor price of Roaring Leaders is 0.0193 and the 30-day trading volume is kept at 1.86 ETH. The payment tokens of the Roaring Leaders collection are ETH, DAI, WETH, USDC, 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 Roaring Leaders Collection Over or Underpriced?
It is difficult to determine whether NFTs from the Roaring Leaders 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 Roaring Leaders collection is developed and promoted by its creators and community.
Roaring Leaders NFT Collection Examples
Roaring Leader #2
Roaring Leader #3
Roaring Leader #5
Roaring Leader #6
Roaring Leaders fees
Buyer fee to dev: 0 basis points
Seller fee to dev: 600 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: 850 basis points
Roaring Leaders editors list
The approved editor's accounts of Roaring Leaders collection are 0x20601758550ea4391cda5a8e2c47b462f3f31c30, 0xdc8eb8d2d1babd956136b57b0b9f49b433c019e3, 0x653c7c5d8b14e0b2b261ed1fcfd652eea0496376.
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.
3 days ago • cryptodaily
NFT Collection Krazy Koalas NFT Price, Stats, and Review
What is an Krazy Koalas NFT?
Krazy Koalas NFT are a non-fungible tokens collection built on the Ethereum network launched in 16 August, 2021. 9,975 items of the Krazy Koalas NFT collection can now be viewed at OpenSea.
How many owners does the Krazy Koalas NFT collection have?
The total number of owners has reached 3906 within 576 days since its release.
NFT Collection Krazy Koalas NFT Price and Sales
The market capitalization of Krazy Koalas NFT NFT collection is 0 ETH. Since created the Krazy Koalas NFT, 11,247 collections sales were made at an average price of 0.11 ETH (~$175.99 at the time of writing). This created a total volume in 1,188.833 ETH. The floor price of Krazy Koalas NFT is 0.008 and the 30-day trading volume is kept at 0.05 ETH. The payment tokens of the Krazy Koalas NFT 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 Krazy Koalas NFT Collection Over or Underpriced?
It is difficult to determine whether NFTs from the Krazy Koalas NFT 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 Krazy Koalas NFT collection is developed and promoted by its creators and community.
Krazy Koalas NFT NFT Collection Examples
#0 - Krazy Koalas are max 9999 koalas
#1
#2
#3
Krazy Koalas NFT fees
Buyer fee to dev: 0 basis points
Seller fee to dev: 250 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: 500 basis points
Krazy Koalas NFT editors list
The approved editor's accounts of Krazy Koalas NFT collection are 0x8ff403153621b0a25b1ebe0ec2003b085948bf86, 0x58c48d2718449dbeac8d31044ca5889168cc3a59.
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.
3 days ago • cointelegraph
Decentralize and the week’s Breaking News: SVB, USDC and BTC to 26k
Breaking news and insightful views: Decentralize with Cointelegraph drops a new style of podcast, curated for you by the Cointelegraph news team.
3 days ago • cointelegraph
Cointelegraph Markets Pro VORTECS Report Summary — 179% gains from 4 alerts
Cointelegraph Markets Pro’s VORTECS™ Score, NewsQuakes™, Tweet Volume and Most Active On-Chain indicators helped subscribers identify four profitable trades.