The eth_porsche NFT collection had a slow start to its mint on Monday, with NFTs selling on the secondary market for below the collection's mint price of 0.911 ETH. camlearnscrypto and rosieperper report
collection on Monday, though the project isn’t racing towards high resale prices as fans may have speculated., which pays homage to the brand’s iconic 911 sports car, opened minting for allowlist holders at 9 a.m. EST on Monday in four waves of one hour each. After the initial allowlist mint ended, the mint was released to the general public with an open-ended stop time. Collectors were allowed to mint up to three virtual 911 Porsches at 0.911 ETH each, roughly $1,490.
In the hours after the mint initially opened, sales of the collection appeared to stall. At the time of writing on Monday evening, only 1198 NFTs – about 16% of the total collection – had sold throughSales on the secondary market also appeared idle. At the time of writing, the collection’s floor price was 0.89 ETH, or about $1,450 – meaning, the collection was selling for $50 cheaper on secondary marketplaces likeat Miami Art Week in December with much anticipation.
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