NFT Collection Pirates of the Metaverse by Drip Studios Price, Stats, and Review

Pirates of the Metaverse by Drip Studios are a non-fungible tokens collection built on the Ethereum network launched in 7 March, 2022. 10,000 items of the Pirates of the Metaverse by Drip Studios collection can now be viewed at OpenSea.

How many owners does the Pirates of the Metaverse by Drip Studios collection have?

The total number of owners has reached 2620 within 371 days since its release.

NFT Collection Pirates of the Metaverse by Drip Studios Price and Sales

The market capitalization of Pirates of the Metaverse by Drip Studios NFT collection is 1,729.31 ETH. Since created the Pirates of the Metaverse by Drip Studios, 13,979 collections sales were made at an average price of 0.10 ETH (~$152.86 at the time of writing). This created a total volume in 1,347.851 ETH. The floor price of Pirates of the Metaverse by Drip Studios is 0.03 and the 30-day trading volume is kept at 9.91 ETH. The payment tokens of the Pirates of the Metaverse by Drip Studios 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 Pirates of the Metaverse by Drip Studios Collection Over or Underpriced?

It is difficult to determine whether NFTs from the Pirates of the Metaverse by Drip Studios 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 Pirates of the Metaverse by Drip Studios collection is developed and promoted by its creators and community.

Pirates of the Metaverse by Drip Studios NFT Collection Examples

POTM #1

POTM #51

POTM #2

POTM #52

Pirates of the Metaverse by Drip Studios fees

• Buyer fee to dev: 0 basis points
• Seller fee to dev: 500 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: 750 basis points

Pirates of the Metaverse by Drip Studios editors list

The approved editor’s accounts of Pirates of the Metaverse by Drip Studios collection are 0x9de6405c0c7512ee94bcb79b860668a52aa7fad2, 0xebe07406e170f74d2916e0b25a259e97b1a63164.

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.