1. Aiwaka AdventuresHome
  2. Blockchain Briefs

Animoca Brands’ NFT Castings Complete with Limited Sales

• Blockchain Briefs • 87 views

On March 9, according to the data disclosed by Animoca Digital Research, the digital asset research team of Animoca Brands, the NFT series of Animoca Brands has

Animoca Brands NFT Castings Complete with Limited Sales

On March 9, according to the data disclosed by Animoca Digital Research, the digital asset research team of Animoca Brands, the NFT series of Animoca Brands has completed casting, and the total supply of 8888 NFTs has been released. Since the casting, the proportion of never sold accounts for 84.32%, and the proportion of sold accounts for 3.21%. Among them, 1419 NFTs have been sold for profit and 196 NFTs have been sold at a loss.

The casting of NFT series Mocaverse under Animoca Brands has been completed

Analysis based on this information:


The emergence of non-fungible tokens (NFTs) has taken the world by storm as they collectibles, sports memorabilia, and artwork among others gain tremendous value on online platforms. Animoca Brands, a leading digital asset research team, has now produced a total of 8,888 NFTs that have completed casting. These tokens have unique identification codes that make each one different from the other, and their supply is limited to the number already made. This makes them attractive to collectors, who might desire holding rare pieces.

According to the figures disclosed by Animoca Digital Research on March 9, 2021, after the casting process had been completed, only 3.2% of the total supply of Animoca Brands’ NFTs had been sold, which increased concerns among investors. The remaining 84.3% account for those that have never been sold, which shows that the NFT market might not be as lucrative as some had previously believed.

Of those sold, 1419 NFTs made a profit, which is always positive news. It, however, means that the rest of the tokens were sold at a loss. This information might be worrying for those who have recently invested in digital assets, as they hoped to make profits in the future. The reality that a considerable number of people have already made losses might dampen the enthusiasts’ spirits.

In conclusion, although the production of Animoca Brands’ NFTs has been completed, only a small fraction has been sold to date, reflecting the untested waters of the NFT market. The high percentage of unsold NFTs, as well as those sold at a loss, is an indication that this form of digital asset might not be a guaranteed source of profit, and that buyers should exercise caution. While the idea of owning rare digital collectibles sounds intriguing, it is important to remain vigilant when investing in cryptocurrencies, as the market remains unpredictable.

This article and pictures are from the Internet and do not represent aiwaka's position. If you infringe, please contact us to delete:https://www.aiwaka.com/2023/03/09/animoca-brands-nft-castings-complete-with-limited-sales/

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.

Like (0)
Previous 03/09/2023 05:35
Next 03/09/2023 06:05

Recommended articles