Porsche NFT Floor Price Races Up Following Bumpy Mint

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Porsche NFT Floor Price Races Up Following Bumpy Mint

Porsche’s initial plan was to sell 7,500 tokens at a floor price of 0.911 ether (ETH), or roughly $1,420. However, NFT Twitter quickly excoriated the collection’s launch, noting large supply and high price as factors in the flop, noting the brand’s lack of understanding of Web3 strategy. www.coindesk.com

Porsche’s initial plan was to sell 7,500 tokens at a floor price of 0.911 ether (ETH), or roughly $1,420. However, NFT Twitter quickly excoriated the collection’s launch, noting large supply and high price as factors in the flop, noting the brand’s lack of understanding of Web3 strategy.

www.coindesk.com