• Bad Face Bots is an NFT collection built on Ethereum launched in 2021.
• It has 2500 owners and 6,757 collections sales at an average price of 0.18 ETH (~$297.02).
• The floor price of Bad Face bots is 0.025 and it’s difficult to assess whether the collection is overpriced or underpriced as the market for NFTs and metaverses develops more actively.
Bad Face Bots is a non-fungible tokens (NFT) collection built on the Ethereum network launched in 28 December, 2021. There are 5,555 items in the collection which can be viewed at OpenSea, and it has reached 2500 owners within 442 days since its release.
Price & Sales
The market capitalization of Bad Face Bots NFT collection is 61.11 ETH and 6,757 collections have been sold 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 with a floor price of 0.025, and 30-day trading volume kept at 0.22 ETH using payment tokens such as ETH and WETH.
Why are some NFTs expensive?
NFT projects that started at the beginning of the market boom have garnered legitimacy due to first-mover advantage with better opportunities to improve from issues that have plagued the NFT market making them valuable. Additionally, opportunists saw this growth as a way to exploit for profits beyond their wildest dreams creating digital art purely out of greed with no value making them garbage projects ultimately leading nowhere else but disappointment or losses for buyers or investors who get caught up in these schemes without proper research or investigation beforehand into their legitimacy or lack thereof before investing real money into them..
Is Bad Face Bots Over/Underpriced?
It is difficult to determine whether NFTs from the Bad Face Bots collection is overpriced or underpriced as it depends on how they are developed and promoted by its creators and community as well as when more active markets develop around them which will help make assessments easier when more information becomes available about these types of investments before taking part in any transactions involving themone should always do their own research beforehand so they can make informed decisions when deciding whether or not to invest real money into these types of projects that may seem too good to be true especially if there isn’t much evidence backing up their legitimacy behind them first prior to investing anything into them whatsoever..
Bad Face Bots #1, #2, #3 & #4 are examples from this collection with buyer fees set to dev being zero basis points while seller fees set to dev being 750 basis points with opensea buyer fees also set to zero while opensea seller fees remain unknown currently until further notice regarding their exact fee structure going forward moving forward with all other details concerning this particular project remaining subject changes down road depending upon how everything progresses over time as seen fit by its developers & creators altogether now onwards from hereon out indefinitely evermore onwards yet still again nonetheless regardless all said & done conclusively finally either way roundabout either way nevertheless overall for sure!
• Coinbase announced its partnership with Optimism (OP), allowing users to access Ethereum (ETH) scaling solutions faster and cheaper than on the main blockchain.
• Orbeon Protocol (ORBN) sold $800,000 ORBN tokens in 24 hours, demonstrating strong investor interest in this DeFi platform.
• Bitcoin (BTC) took a breather after its recent bull run, with its price currently hovering between $22,000 and $25,000.
Coinbase Partnership With Optimism
This week saw Coinbase announce its partnership with Optimism (OP), an Ethereum (ETH) scaling solution that leverages a technique called optimistic rollups to process transactions faster and cheaper than on the main blockchain. Despite being new to the market, Optimism (OP) has already gained significant traction thanks to this news, sending its prices soaring. This partnership also marks the launch of Coinbase’s new layer-2 platform called Base which will utilize Optimism (OP).
Orbeon Protocol Token Sale
Orbeon Protocol (ORBN) is a decentralized finance (DeFi) platform that is disrupting the traditional financial system by providing a trustless environment for users to trade digital assets. This week saw Orbeon Protocol sell $800,000 ORBN tokens in just 24 hours, demonstrating strong investor interest in this project. The success of this sale demonstrates that DeFi projects are gaining traction as investors begin to realize their potential and appreciate their benefits over traditional finance options.
Bitcoin Taking A Breather
Bitcoin (BTC) is the world’s largest cryptocurrency by market capitalization and it recently experienced a bullish run that saw its price soar above $68,000 earlier this year. However, BTC then experienced a sharp correction which pushed its value down below $16,000 before recovering slightly. Bitcoin (BTC)’s current price is hovering between $22-25k as it takes a breather from its recent bull run; however some analysts have warned of another potential correction coming soon.
Strong Investor Interest In Crypto Markets
This week’s news stories demonstrate strong investor interest in crypto markets across multiple projects – from Ethereum scaling solutions such as Optimism (OP), through to decentralized finance protocols like Orbeon Protocol(ORBN). With many investors turning towards crypto assets for both speculative gains and fundamental utility purposes these developments show that crypto has become an increasingly important part of modern financial infrastructure globally.
Overall this week has been full of exciting news stories in the crypto markets as major players continue to enter into strategic partnerships and innovate within decentralized finance space. As more projects come into view we can expect continued investor interest in these markets going forward as they take on an increasingly important role within our wider economy
• 0x Labs has launched a transaction relay API that is designed to facilitate frictionless crypto experiences.
• The Tx Relay API eliminates the need for users to hold and maintain native token balances in order to interact with the blockchain.
• This service offers developers and users the ability to switch between different networks while still maintaining their original balance and value.
0x Labs Launches Transaction Relay API
0x Labs, the blockchain development team behind 0x Protocol, has launched a new transaction relay API built for Polygon and Ethereum. According to 0x Labs, the transaction relay API (application program interface) is designed to create a more streamlined experience for developers who are looking to build frictionless crypto experiences.
Removing Barriers of Entry
For the most part of its early innovations, Web3 has required users to hold and maintain a certain amount of balance from a specific chain’s native token, a prerequisite that has often been recognized as a barrier of entry for users trying out different blockchains. With 0x‘ Tx Relay API, the requirement can be dissolved, allowing users to directly enter a chain’s configuration without needing to have some balance to initialize transactions.
More Streamlined User Experience
The new Tx Relay API seeks to address this problem by providing developers and users with options to quickly and securely execute transactions between various networks. The service allows users to switch between different networks while still maintaining their original asset balance and amount of value held in their originating wallet. Without requiring another layer for operation, the Tx Relay API processes approvals, allowances, and swaps, thereby lessening the steps for a user to actually make use of a network’s utilities, with all other auxiliary processes abstracted into the contract’s backend.
Interoperability & Adoption
This means that someone who is, for example, a beginner in Web3 could straight out hit the ground running and gain more knowledge of how these ecosystems work together. What this relay interface implies for the blockchain space is that it sets a new level of interoperability with more ease of use across varying use cases in Web3. Adoption and scale are two other fronts towards which this new integration opens for.
Partnership With Robinhood Wallet
0x Labs says that they have partnered with Robinhood Wallet which is one of the more popular e-wallets with secured crypto integration In collaboration with Robinhood Wallet , 0x Labs strives make inter-chain transactions effortless easily accessible for users Having opportunity access multiple blockchains from single platform would give capacity interact variety crypto projects across different chains easy straightforward manner User experience crypto natives will also improved new relay APIs composability features providing execution options opt in or opt out selections gasless transactions end us