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- 1 Kolectiv is an NFT marketplace that focuses on large drops with upcoming artists in the space.
- 2 It is the first project to launch on ImmutableX, the first layer 2 scaling solution.
Kolectiv NFT showcases NFT collections of artists from different fields and themes and shares them with their fans. Their first project launched was crypto 2021set, a collection of artists, themes, and their projects in 2021. The marketplace wishes to release such every year to raise awareness among people about the yearly changes in the NFT ecosystem.
Kolectiv has longer span drops where themes are picked and similar artists are invited to take part in a series of drops that will last for a whole month. As the growth of the NFT community and artists are encouraged, open submission to promote such talents to the community in a more structured way is permitted.
This platform is different from other NFT platforms because they post blog posts and in app info pages, sharing the thought process behind the drops. They also share the utility, rewards, founder card incentives, and Youtube content which includes Q and As, and podcasts. Furthermore, they clearly show the partnership and collaborations with other projects in the NFT community.
This NFT has contributions from top NFT artists and projects comprising Sandbox, Bryan Brinkman, Dot Pigeon, etc. Users are provided with exclusive reward cards for completing se and participating in the inaugural drop.
Recent Market Analysis of Kolectiv NFT
Kolectiv NFT has a total volume of 1,058ETH and a floor price of 0.0195 ETH. The collection has 5,218 Discord total users. It has issued 1,186 NFTs. There are 574 NFT wallet holders which includes 2 whales and 136 blue chip holders.
The holders trend shows that on June 20, 2021, the number of holders were 8 with no whales. But by June 8, 2023, this gradually increased to 574 holders and 2 whales. Its current market cap is 6.37 ETH.
The owner distribution chart shows there are 417 owners of 1 item, 101 owners of 2-3 items, 43 owners of 4-10 items, 11 owners of 11-25 items, 1 owner of 26-50 items, and 1 owner of 51 items.
As per data available on Opensea, 8008 Playing Card Deck NFT was sold at the lowest price of 0.0195 ETH. RIP by XCOPY NFT was sold at the highest price of 24.69 ETH. The recently listed NFTs are BeastMode by XCOPY at 4.6 ETH, Neuromancer by Archangel at 0.05 ETH, and PUMP KING by XCOPY at 16 ETH.
Summary
The Kolectiv NFT marketplace features both primary and secondary sales that have no gas fees. Furthermore, it also has security and interoperability of the Ethereum network.
Though it has a longer span drops but it also lies with the opportunities to create niche, loyal communities and explore some ways to add value,and utility. It can expand scope like music, gaming and sport.
Andrew is a blockchain developer who developed his interest in cryptocurrencies while pursuing his post-graduation major in blockchain development. He is a keen observer of details and shares his passion for writing, along with coding. His backend knowledge about blockchain helps him give a unique perspective to his writing skills, and a reliable craft at explaining the concepts such as blockchain programming, languages and token minting. He also frequently shares technical details and performance indicators of ICOs and IDOs.
