Puuvilla Society: Is the new Klaytn-based NFT collection here to sink or swim
The undisputed rulers of the NFT world are Ethereum [ETH]-based NFTs. In recent times, Solana-based NFTs have also managed to establish a decent position. However, the Klaytn-based NFT project Puuvilla Society seems to be the latest entry in the NFT space.
The Puuvilla Society NFT collection launched on 11 June and has already made its way among the top 15 NFT collections, currently standing at #14. Furthermore, the Puuvilla Society NFT collection happens to be the only Klaytn-based NFT collection among ETH-based NFTs at the time of writing.
At press time, the NFT collection already witnessed a volume of 269.674 KLAY. Furthermore, as per data from OpenSea, Puuvilla Society also witnessed 2,825 sales with an average price of $0.0995.
Source: OpenSea
Additionally, as per the Puuvilla Society web page, the creators of this NFT have laid out a roadmap for the progression of this collection. The NFT collection will not just stay limited to the virtual world but projects about converting the same to a retail space along with hosting special events are all underway.
Popular NFT collections, such as Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), and MoonBirds created a buzz in the market with their launch. On the contrary, this doesn’t seem the case for the Puuvilla Society NFTs.
Furthermore, BAYC NFTs sold out in the first 12 hours of being launched, whereas MAYC witnessed 5,592 sales as per data from OpenSea. MoonBirds also witnessed approximately 3,500 NFT sales post-launch. With Puuvilla’s number of sales standing at approximately 2,800, the market seems to show some budding interest in the Klaytn-based NFTs.
Given the current situation of the market and the ongoing performance of all tokens alike, investors are being
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