What is an Illuvium, you ask?
Illuvium is a collection of non-fungible tokens built on the Ethereum network, which was launched in April 2021. OpenSea now allows you to view 21 items from the Illuvium Collection.
How many owners does the Illuvium collection currently have?
Within 688 days of its release, the total number has reached 1963.
NFT Collection Illuvium Prices and Sales
Illuvium NFT Collection has a market capitalization of 2.77 ETH. The average price for Illuvium NFT collection sales was 0.52 ETH ($850.63) since its creation. This resulted in a total volume of 2,370.757 Ethereum. The Illuvium floor price is 0.109949, and the 30-day trading volume at 12.24 ETH. The payment tokens for the Illuvium collection include USDC, DAI and WETH.
Why are some NFTs more expensive than others?
NFTs are a relatively new addition to the blockchain ecosystem. This market is still in its infancy and there is not much historical data or precedent that can help determine the NFT’s value. NFT projects that were established at the peak of the market boom have gained legitimacy simply because they were the first to move. These “established” NFT project have had the chance to learn from the problems that plagued the NFT market, and have become more valuable. Many people made huge profits from the NFT boom, which created a market for opportunists to profit from the market growth. Some NFTs are digital art if they are created by an artist who recognizes how valuable NFTs are to the creative space. Others were made out of greed and a desire to profit from the enormous market growth. NFT projects that are based on greed and exploitation often have little value and end up being garbage.
Is the Illuvium collection too expensive or too cheap?
It is difficult to tell if NFTs from Illuvium are overpriced or low-priced. This assessment will be easier when the market for NFTs or metaverses becomes more active. How the Illuvium community develops and promotes it will also influence its price.
Examples of the Illuvium NFT Collection
Dawnlight Badge – Platinum
Atlas Pwease Emote Genesis Promo
Rhamphyre – Genesis Dark Holo Promo
Dawnlight Badge – Silver
Illuvium fees
Buyer fee to dev: 0 Basis points
Seller fee to dev: 300 base points
Opensea.io Buyer Fee: 0 Basis Points
Opensea.io seller fee: 250 basis points
Buyer fee: 0 basis point
Seller fee: 550 basis point
Illuvium editors list
The approved editor’s accounts of Illuvium collection are 0x0691f5804d4227925f19b031821b530b48fff38f.
Disclaimer: This article is intended for informational purposes only. This article is not intended to be used for legal, tax, investment or financial advice.
