The team behind the popular game CryptoKitties saw a successful initial coin offering and then raised millions more in their pre-sale. The popularity of these virtual collectibles is such that many people are now building apps for them, and some users have even built games around them.
The “nft value estimator” is a website that allows users to estimate the worth of an obscure NFT. The website has seen a $100 million valuation in 2019 alone.
The WHALE Vault was assessed at over $100 million in the last audit provided by NonFungible.com, with over 13,000 NFTs in its portfolio.
The NFT collection housed inside The Vault is the primary backer of WHALE, which was issued in May 2020 as an ERC-20 token.
The popular NFT market metrics tracker produces a monthly value of the WHALE Vault based on market circumstances and analysis, while accounting for balance and inflow and outflows of NFT assets in the collection.
The value of the WHALE Vault has increased by 29%.
The collection was launched in 2019 by an unknown investor who goes under the moniker “WhaleShark,” and contains some of the rarest NFTs from games including Gods Unchained, Sandbox, and Avastars.
The $WHALE Vault, a collection of NFTs that I established in 2019, has been valued at more than $100 million by third parties.
US$126,153,558 in November 2021
This assessment by @nonfungibles is cautious since it is based on prior sales.
@whale community, congrats! pic.twitter.com/p1QpJ7Zv9g
December 2, 2021 — WhaleShark.eth (@WhaleShark Pro)
The Vault’s worth increased to $126,153,559 in November, according to the most recent appraisal report.
Along with NFTs, which account for about 90% of the total, the audit took into account the Vault’s fungible assets, which total $8,9 million, as well as $4,2 million in the WHALE Liquidity Pool.
NBA Top Shot NFTs make up 72 percent of the Vault collection volume, accounting for 17 percent ($18,8 million) of the portfolio’s 13,274 assets, valued at around $112,9 million.
Meanwhile, 513 SuperRare NFTs, which account for just 4% of the Vault collection total, are worth $72,7 million.
Despite the fact that NFT collectibles are becoming less popular,
“While certain projects, such as the Bored Ape Yacht Club (BAYC), have seen their worth increase, the bulk of NFT collections are on the decline,” according to DappRaddar’s monthly industry report.
According to the renowned data gathering and analysis firm, the NFT industry produced $3.76 billion in trading volume in November, a 15% fall from October’s figures.
The analysis found that the NFT market, especially collectibles, entered a “cool down” phase in November, despite the fact that trade volume of NFT collectibles fell 16 percent month over month.
The WHALE Vault gained 56 NFTs during this bearish era, but the collection value climbed by a whopping 29 percent.
Aside from the ongoing addition of new assets, the recorded growth represents a rise in the value of the VAULT’s assets as well as the price of Ethereum.
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The “creating nft” is a collection of rare NFTs that has been released in 2019. The collection only has 10,000 items and the value of these items is $100 million dollars.
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