> For the complete documentation index, see [llms.txt](https://mintverse.gitbook.io/mintverse-help-centre/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://mintverse.gitbook.io/mintverse-help-centre/beginners-guide/what-is-the-floor-price.md).

# What is the floor price?

The "**floor price**" in an NFT market is the lowest price of any NFT within a certain collection.

Buying the floor works well because it's an approachable entry point for new people joining the project.