• ChronoForge is an NFT collection built on the Ethereum network with 7,500 items.
• It has 1706 owners within 404 days since its release and a market capitalization of 190.50 ETH.
• The price of the NFTs depend on their development, promotion, and the growing metaverse market.
What is ChronoForge?
ChronoForge are a non-fungible tokens (NFT) collection built on the Ethereum network launched in 10 January 2022. 7,500 items of the ChronoForge collection can now be viewed at OpenSea with 1706 owners within 404 days since its release. Its market capitalization is 190.50 ETH, 8,956 collections sales were made at an average price of 0.34 ETH (~$581.92 at the time of writing), creating a total volume in 3,053.203 ETH with payment tokens being ETH and WETH.
Why Are Some NFTs Expensive And Others Not?
NFTs are very new to the blockchain ecosystem and are still in their infancy meaning there is no historical data or precedence that can assist in determining the value of an NFT. Those projects that started earlier had a first-mover advantage as well as time to improve from issues plaguing the NFT markets making them more valuable than those created out of greed and exploitation which often have no value at all and are considered garbage .
Is The ChronoForge Collection Over Or Underpriced?
It is difficult to determine whether NFTs from the ChronoForge collection is overpriced or underpriced due to its emerging status and lack of historical data available for comparison as well as how it’s developed and promoted by its creators and community playing a major role in shaping its price .
Examples Of Chrono Forge NTF Collection
Legendary Adventurer #1 Legendary Adventurer #2 Legendary Adventurer #3 Legendary Adventurer #4
Chrono Forge Fees
The 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 o