What is an AO ArtBall?
AO ArtBall are a non-fungible tokens collection built on the Ethereum network launched in 11 January, 2022. 8,014 items of the AO ArtBall collection can now be viewed at OpenSea.
How many owners does the AO ArtBall collection have?
The total number of owners has reached 3861 within 406 days since its release.
NFT Collection AO ArtBall Price and Sales
The market capitalization of AO ArtBall NFT collection is 691.99 ETH. Since created the AO ArtBall, 8,587 collections sales were made at an average price of 0.23 ETH (~$368.80 at the time of writing). This created a total volume in 1,953.996 ETH. The floor price of AO ArtBall is 0.051949 and the 30-day trading volume is kept at 13.02 ETH. The payment tokens of the AO ArtBall 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 AO ArtBall Collection Over or Underpriced?
It is difficult to determine whether NFTs from the AO ArtBall 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 AO ArtBall collection is developed and promoted by its creators and community.
AO ArtBall NFT Collection Examples
AO Art Ball #479
AO Art Ball #3648
AO Art Ball #2768
AO Art Ball #4467
AO ArtBall 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
AO ArtBall editors list
The approved editor’s accounts of AO ArtBall collection are 0x3c02ba1b4e3149e34880f7bf39c61087b4262a18, 0x6b37ca573f0a877f342434236721d1ee6ce83bb1.
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.
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