Цени на колекции от топ NFT на Bitcoin, класирани по търговски обем за 24 ч
# | NFT | Минимална цена | 24 ч% | Последните 7 дни | Пазарна кап | Обем за 24 ч | 24-часови продажби | Собственици 24 ч | |||
---|---|---|---|---|---|---|---|---|---|---|---|
1 |
NodeMonkes
Bitcoin
|
0,36 BTC
20 728 $
|
20.0% |
3 599 BTC
207 284 957 $
|
14,82 BTC
853 670 $
|
43 | 8.2% | ||||
2 |
Bitcoin Puppets
Bitcoin
|
0,26 BTC
14 712,63 $
|
3.2% |
2 580 BTC
147 141 046 $
|
12,15 BTC
692 643 $
|
48 | 0.2% | ||||
3 |
Quantum Cats
Bitcoin
|
0,36 BTC
20 264 $
|
4.1% |
1 183 BTC
67 540 542 $
|
3,17 BTC
180 890 $
|
9 | 0.0% | ||||
4 |
RSIC METAPROTOCOL
Bitcoin
|
0,043 BTC
2 457,28 $
|
8.2% |
904,01 BTC
51 602 786 $
|
3,10 BTC
177 044 $
|
69 | 0.1% | ||||
5 |
Rune Pups
Bitcoin
|
0,068 BTC
3 913,08 $
|
0.7% |
731,83 BTC
42 175 160 $
|
2,77 BTC
159 627 $
|
42 | 0.2% | ||||
6 |
Runestone
Bitcoin
|
0,021 BTC
1 222,70 $
|
25.3% |
2 408 BTC
137 431 616 $
|
1,67 BTC
95 421 $
|
80 | 0.8% | ||||
7 |
Prometheans
Bitcoin
|
0,016 BTC
884,77 $
|
0.6% |
325,50 BTC
18 580 263 $
|
1,19 BTC
68 156 $
|
80 | 0.0% | ||||
8 |
Ordinal Maxi Biz (OMB)
Bitcoin
|
0,40 BTC
23 038 $
|
4.8% |
840,00 BTC
48 378 939 $
|
1,02 BTC
58 688 $
|
2 | 0.1% | ||||
9 |
Pizza Ninjas
Bitcoin
|
0,15 BTC
8 276,92 $
|
3.3% |
217,50 BTC
12 415 383 $
|
0,85 BTC
48 406 $
|
5 | 0.2% | ||||
10 |
O.P.I.U.M.
Bitcoin
|
0,35 BTC
19 921,70 $
|
6.1% |
271,17 BTC
15 479 158 $
|
0,56 BTC
31 960 $
|
2 | 0.0% | ||||
11 |
Natcats
Bitcoin
|
0,029 BTC
1 649,68 $
|
5.2% |
233,05 BTC
13 302 989 $
|
0,45 BTC
25 493 $
|
12 | 0.0% | ||||
12 |
Bitcoin Punks
Bitcoin
|
0,023 BTC
1 324,31 $
|
3.3% |
232,00 BTC
13 243 076 $
|
0,41 BTC
23 420 $
|
12 | 0.0% | ||||
13 |
Bitcoin Wizards
Bitcoin
|
0,20 BTC
11 461,60 $
|
18.7% |
266,25 BTC
15 335 620 $
|
0,40 BTC
23 040 $
|
2 | 0.1% | ||||
14 |
Rune Doors
Bitcoin
|
0,005 BTC
305,25 $
|
27.1% |
53,00 BTC
3 052 481 $
|
0,34 BTC
19 438,98 $
|
71 | 0.1% | ||||
15 |
RuneX: UNNAMED
Bitcoin
|
0,006 BTC
358,48 $
|
53.2% |
48,84 BTC
2 787 871 $
|
0,30 BTC
17 243,00 $
|
57 | 0.3% | ||||
16 |
RuneX: The Secret Weapon
Bitcoin
|
0,006 BTC
358,48 $
|
53.2% |
48,84 BTC
2 787 871 $
|
0,30 BTC
17 243,00 $
|
57 | 0.3% | ||||
17 |
Bitcoin Frogs
Bitcoin
|
0,067 BTC
3 858,72 $
|
5.6% |
669,99 BTC
38 587 151 $
|
0,29 BTC
16 863,34 $
|
4 | 0.0% | ||||
18 |
Ape Odyssey
Bitcoin
|
0,007 BTC
413,34 $
|
11.5% |
36,25 BTC
2 066 693 $
|
0,24 BTC
13 720,77 $
|
35 | 0.2% | ||||
19 |
INK
Bitcoin
|
0,014 BTC
782,03 $
|
11.5% |
137,00 BTC
7 820 265 $
|
0,24 BTC
13 652,06 $
|
14 | 0.2% | ||||
20 |
OnChainMonkey (OCM) Genesis
Bitcoin
|
0,062 BTC
3 535,59 $
|
2.6% |
620,00 BTC
35 355 941 $
|
0,23 BTC
13 233,39 $
|
4 | 0.1% | ||||
21 |
Tiny Vikings
Bitcoin
|
0,005 BTC
263,94 $
|
4.5% |
91,60 BTC
5 278 898 $
|
0,21 BTC
12 323,20 $
|
45 | 0.1% | ||||
22 |
Honey Badgers
Bitcoin
|
0,024 BTC
1 353,93 $
|
21.5% |
235,00 BTC
13 539 304 $
|
0,21 BTC
12 150,80 $
|
9 | 0.2% | ||||
23 |
OCM Dimensions 300
Bitcoin
|
0,26 BTC
14 979,66 $
|
23.8% |
78,00 BTC
4 493 897 $
|
0,20 BTC
11 638,04 $
|
1 | 0.0% | ||||
24 |
FloraForms by Harto X Belvedere
Bitcoin
|
0,006 BTC
348,20 $
|
13.0% |
61,00 BTC
3 482 016 $
|
0,17 BTC
9 631,31 $
|
28 | 0.2% | ||||
25 |
Bitcoin Burials
Bitcoin
|
0,004 BTC
247,88 $
|
15.8% |
36,40 BTC
2 478 762 $
|
0,15 BTC
10 312,87 $
|
40 | 2.6% | ||||
26 |
The Wizards of Ord
Bitcoin
|
0,023 BTC
1 324,66 $
|
4.5% |
76,66 BTC
4 415 097 $
|
0,14 BTC
8 339,03 $
|
6 | 0.3% | ||||
27 |
Rune Whisperers
Bitcoin
|
0,002 BTC
119,04 $
|
4.3% |
20,85 BTC
1 190 384 $
|
0,14 BTC
7 958,58 $
|
80 | 0.2% | ||||
28 |
The Block
Bitcoin
|
0,019 BTC
1 066,78 $
|
2.5% |
18,70 BTC
1 066 780 $
|
0,14 BTC
7 933,53 $
|
7 | 0.0% | ||||
29 |
bitmap
Bitcoin
|
Закупуване
|
0,001 BTC
73,40 $
|
1.2% |
1 011 BTC
58 257 753 $
|
0,13 BTC
7 663,57 $
|
80 | 0.1% | |||
30 |
Runevo
Bitcoin
|
0,003 BTC
142,64 $
|
4.2% |
15,06 BTC
859 428 $
|
0,098 BTC
5 614,85 $
|
43 | 0.3% | ||||
31 |
BIT APES by BAYC Members
Bitcoin
|
0,002 BTC
160,00 $
|
21.7% |
23,50 BTC
1 599 955 $
|
0,083 BTC
5 624,35 $
|
16 | 0.2% | ||||
32 |
Runers by BVM
Bitcoin
|
0,001 BTC
77,21 $
|
3.1% |
28,13 BTC
1 620 961 $
|
0,080 BTC
4 608,21 $
|
55 | 0.1% | ||||
33 |
BITCOIN BABBIES
Bitcoin
|
0,005 BTC
277,28 $
|
29.7% |
24,96 BTC
1 441 841 $
|
0,079 BTC
4 544,46 $
|
19 | 0.1% | ||||
34 |
Rare Sats
Bitcoin
|
0,0000 BTC
0,00057633 $
|
0.0% |
0 BTC
0,00 лв.
|
0,066 BTC
3 793,58 $
|
80 | 0.5% | ||||
35 |
Puppet Maxi Biz (PMB)
Bitcoin
|
0,003 BTC
149,88 $
|
6.8% |
26,00 BTC
1 498 818 $
|
0,061 BTC
3 538,13 $
|
21 | 0.0% | ||||
36 |
Seize CTRL
Bitcoin
|
0,075 BTC
4 279,31 $
|
25.0% |
30,30 BTC
1 728 840 $
|
0,060 BTC
3 423,45 $
|
1 | 1.4% | ||||
37 |
Little Pups
Bitcoin
|
0,004 BTC
199,47 $
|
5.1% |
35,00 BTC
1 994 666 $
|
0,060 BTC
3 393,34 $
|
17 | 0.1% | ||||
38 |
XO Unchained
Bitcoin
|
0,001 BTC
67,62 $
|
0.1% |
11,86 BTC
676 165 $
|
0,057 BTC
3 269,94 $
|
45 | 0.3% | ||||
39 |
CC0
Bitcoin
|
0,003 BTC
198,55 $
|
16.1% |
34,84 BTC
1 985 746 $
|
0,056 BTC
3 216,60 $
|
16 | 0.1% | ||||
40 |
RSIC BOOST
Bitcoin
|
0,004 BTC
222,52 $
|
13.1% |
0,004 BTC
222,52 $
|
0,035 BTC
1 992,43 $
|
9 | 0.0% | ||||
41 |
BTC Mutant Virus
Bitcoin
|
0,013 BTC
725,59 $
|
27.0% |
9,87 BTC
563 780 $
|
0,030 BTC
1 713,87 $
|
3 | 0.3% | ||||
42 |
Shadows
Bitcoin
|
0,027 BTC
1 529,14 $
|
0.0% |
17,85 BTC
1 018 407 $
|
0,029 BTC
1 654,67 $
|
1 | 0.0% | ||||
43 |
DogePunks
Bitcoin
|
0,003 BTC
157,96 $
|
10.6% |
27,70 BTC
1 579 612 $
|
0,027 BTC
1 567,64 $
|
5 | 0.1% | ||||
44 |
Bitcoin Bear Cubs
Bitcoin
|
0,002 BTC
125,47 $
|
0.9% |
21,99 BTC
1 254 684 $
|
0,027 BTC
1 517,59 $
|
12 | 0.1% | ||||
45 |
RunePunks
Bitcoin
|
0,0010 BTC
56,50 $
|
13.9% |
9,90 BTC
565 007 $
|
0,023 BTC
1 297,68 $
|
22 | 0.0% | ||||
46 |
EVERYDAY SATOSHIS
Bitcoin
|
0,001 BTC
70,78 $
|
0.8% |
6,93 BTC
395 530 $
|
0,021 BTC
1 223,79 $
|
17 | 0.5% | ||||
47 |
The Final Pattern by Nullish
Bitcoin
|
0,004 BTC
212,66 $
|
50.4% |
7,55 BTC
430 628 $
|
0,021 BTC
1 210,94 $
|
8 | 0.3% | ||||
48 |
Hashlings
Bitcoin
|
0,009 BTC
501,41 $
|
2.2% |
43,98 BTC
2 534 615 $
|
0,017 BTC
979,76 $
|
2 | 0.2% | ||||
49 |
Commoners
Bitcoin
|
0,002 BTC
103,61 $
|
0.1% |
17,99 BTC
1 036 137 $
|
0,016 BTC
895,60 $
|
8 | 0.1% | ||||
50 |
GameStone
Bitcoin
|
0,0002 BTC
8,82 $
|
23.5% |
0,0002 BTC
8,82 $
|
0,015 BTC
882,38 $
|
79 | 0.1% | ||||
51 |
Goosinals
Bitcoin
|
0,007 BTC
393,62 $
|
0.0% |
69,00 BTC
3 936 247 $
|
0,014 BTC
787,25 $
|
2 | 0.1% | ||||
52 |
Sats Hunters
Bitcoin
|
0,005 BTC
273,72 $
|
15.8% |
5,46 BTC
311 497 $
|
0,011 BTC
647,24 $
|
2 | 0.0% | ||||
53 |
Titanium Cheeto (BRC-420)
Bitcoin
|
0,0006 BTC
33,09 $
|
16.0% |
0,58 BTC
33 126 $
|
0,010 BTC
555,74 $
|
19 | 0.0% | ||||
54 |
MemFlux
Bitcoin
|
0,010 BTC
570,36 $
|
12.5% |
2,56 BTC
146 011 $
|
0,009 BTC
506,98 $
|
1 | 0.0% | ||||
55 |
Bitcoin Trumps
Bitcoin
|
0,002 BTC
125,50 $
|
10.2% |
22,00 BTC
1 255 035 $
|
0,008 BTC
430,71 $
|
3 | 0.0% | ||||
56 |
BEVM Whitepaper
Bitcoin
|
0,004 BTC
216,15 $
|
1.1% |
37,50 BTC
2 161 490 $
|
0,008 BTC
434,32 $
|
2 | 0.0% | ||||
57 |
BTC Slugs
Bitcoin
|
0,002 BTC
128,31 $
|
2.2% |
7,50 BTC
427 650 $
|
0,007 BTC
421,99 $
|
3 | 2.9% | ||||
58 |
DomoDucks (Serial Edition)
Bitcoin
|
0,0007 BTC
43,23 $
|
7.1% |
1,93 BTC
111 156 $
|
0,007 BTC
420,13 $
|
10 | 0.1% | ||||
59 |
The Rune Guardians - Miners
Bitcoin
|
0,0004 BTC
23,63 $
|
2.5% |
4,10 BTC
236 295 $
|
0,007 BTC
393,17 $
|
14 | 0.2% | ||||
60 |
NodeRocks
Bitcoin
|
0,002 BTC
103,98 $
|
4.8% |
18,00 BTC
1 039 789 $
|
0,006 BTC
349,31 $
|
3 | 0.0% | ||||
61 |
ApeRunners BTC
Bitcoin
|
0,001 BTC
57,60 $
|
0.0% |
3,00 BTC
172 798 $
|
0,005 BTC
288,00 $
|
1 | 0.0% | ||||
62 |
KarmaStone
Bitcoin
|
0,002 BTC
86,43 $
|
11.2% |
45,00 BTC
2 592 896 $
|
0,005 BTC
274,85 $
|
3 | 0.1% | ||||
63 |
Elemental Runes
Bitcoin
|
0,0005 BTC
31,05 $
|
4.0% |
3,75 BTC
214 264 $
|
0,005 BTC
258,49 $
|
8 | 0.1% | ||||
64 |
The Rune Guardians
Bitcoin
|
0,0003 BTC
17,16 $
|
9.4% |
2,98 BTC
171 632 $
|
0,004 BTC
252,61 $
|
13 | 0.0% | ||||
65 |
MNCHRMS
Bitcoin
|
0,001 BTC
79,88 $
|
0.0% |
14,14 BTC
806 866 $
|
0,003 BTC
184,86 $
|
2 | 0.0% | ||||
66 |
SUPER VERIFIED JULIO
Bitcoin
|
0,0006 BTC
31,70 $
|
8.3% |
1,39 BTC
80 015 $
|
0,003 BTC
183,87 $
|
3 | 0.1% | ||||
67 |
AINN Rune Star
Bitcoin
|
0,0001 BTC
7,49 $
|
48.0% |
12,27 BTC
706 782 $
|
0,003 BTC
176,02 $
|
15 | 0.0% | ||||
68 |
Bitmaps by OTO
Bitcoin
|
0,003 BTC
172,32 $
|
0.0% |
0,78 BTC
44 804 $
|
0,003 BTC
172,32 $
|
1 | 0.8% | ||||
69 |
PepeNals
Bitcoin
|
0,001 BTC
80,63 $
|
5.4% |
9,66 BTC
556 363 $
|
0,003 BTC
160,11 $
|
2 | 0.1% | ||||
70 |
Runes As Fuck
Bitcoin
|
0,0005 BTC
28,24 $
|
4.1% |
8,22 BTC
474 490 $
|
0,002 BTC
140,64 $
|
4 | 0.0% | ||||
71 |
Game of Blocks
Bitcoin
|
0,0004 BTC
21,32 $
|
2.6% |
32,89 BTC
1 895 368 $
|
0,002 BTC
137,72 $
|
5 | 0.1% | ||||
72 |
Mikan!
Bitcoin
|
0,0009 BTC
51,29 $
|
6.3% |
3,00 BTC
170 954 $
|
0,002 BTC
106,57 $
|
2 | 0.0% | ||||
73 |
BTC Bulls
Bitcoin
|
0,002 BTC
107,86 $
|
0.5% |
3,97 BTC
226 516 $
|
0,002 BTC
105,58 $
|
1 | 0.4% | ||||
74 |
Cursed Bitcoin Punks
Bitcoin
|
0,002 BTC
97,98 $
|
0.0% |
17,00 BTC
979 762 $
|
0,002 BTC
96,82 $
|
1 | 0.0% | ||||
75 |
Taproot Punks
Bitcoin
|
0,0006 BTC
36,47 $
|
5.9% |
6,40 BTC
364 739 $
|
0,001 BTC
83,78 $
|
2 | 0.0% | ||||
76 |
Rune Mania Miner
Bitcoin
|
0,0003 BTC
17,83 $
|
4.2% |
1,19 BTC
67 755 $
|
0,0006 BTC
35,06 $
|
2 | 0.0% | ||||
77 |
BTC Land
Bitcoin
|
0,0003 BTC
17,11 $
|
3.4% |
8,83 BTC
503 600 $
|
0,0006 BTC
33,09 $
|
2 | 0.0% | ||||
78 |
NatMonkeys
Bitcoin
|
0,0001 BTC
7,69 $
|
0.0% |
1,09 BTC
62 042 $
|
0,0005 BTC
30,77 $
|
4 | 0.0% | ||||
79 |
Titan Meka
Bitcoin
|
0,0006 BTC
33,05 $
|
0.0% |
2,46 BTC
140 217 $
|
0,0005 BTC
28,50 $
|
1 | 0.1% | ||||
80 |
Bitcoin mfers
Bitcoin
|
0,0003 BTC
15,98 $
|
0.0% |
2,80 BTC
159 761 $
|
0,0003 BTC
17,06 $
|
1 | 0.1% | ||||
81 |
Runes OMBI
Bitcoin
|
0,0001 BTC
5,13 $
|
12.5% |
0,42 BTC
24 136 $
|
0,0003 BTC
15,38 $
|
3 | 0.0% | ||||
82 |
Recursive Punks
Bitcoin
|
0,0000 BTC
1,38 $
|
0.4% |
0,24 BTC
13 806,44 $
|
0,0000 BTC
1,39 $
|
1 | 0.0% | ||||
83 |
Memento Mori by Richard Nadler
Bitcoin
|
0,010 BTC
570,93 $
|
33.3% |
2,06 BTC
117 611 $
|
0 BTC
0,00 лв.
|
0 | 0.0% | ||||
84 |
BitDodos
Bitcoin
|
0,0001 BTC
7,99 $
|
0.0% |
0,23 BTC
13 340,29 $
|
0 BTC
0,00 лв.
|
0 | 0.0% | ||||
85 |
Ordinal Shards by Billy Restey
Bitcoin
|
0,10 BTC
5 759,52 $
|
0.0% |
10,00 BTC
575 952 $
|
0 BTC
0,00 лв.
|
0 | 0.0% | ||||
86 |
Bitcoin Ape Yacht Gang
Bitcoin
|
0,0002 BTC
8,55 $
|
0.0% |
0,83 BTC
47 516 $
|
0 BTC
0,00 лв.
|
0 | 0.0% | ||||
87 |
Rare Sats LilFox
Bitcoin
|
0,0007 BTC
37,14 $
|
0.0% |
0,002 BTC
111,41 $
|
0 BTC
0,00 лв.
|
0 | 0.0% | ||||
88 |
Recursive Doodinals
Bitcoin
|
0,049 BTC
2 799,50 $
|
0.0% |
102,90 BTC
5 878 960 $
|
0 BTC
0,00 лв.
|
0 | 0.0% | ||||
89 |
Misprints
Bitcoin
|
0,006 BTC
314,23 $
|
5.8% |
18,45 BTC
1 054 242 $
|
0 BTC
0,00 лв.
|
0 | 0.0% | ||||
90 |
YUKI
Bitcoin
|
0,002 BTC
114,62 $
|
0.0% |
0,50 BTC
28 656 $
|
0 BTC
0,00 лв.
|
0 | 0.0% | ||||
91 |
Block Gods
Bitcoin
|
0,014 BTC
812,08 $
|
1.4% |
4,94 BTC
284 229 $
|
0 BTC
0,00 лв.
|
0 | 0.0% | ||||
92 |
Satoria Shop
Bitcoin
|
0,0002 BTC
13,14 $
|
0.0% |
0,45 BTC
25 926 $
|
0 BTC
0,00 лв.
|
0 | 0.0% | ||||
93 |
Twelvefold
Bitcoin
|
0,30 BTC
17 176,64 $
|
14.9% |
89,40 BTC
5 152 992 $
|
0 BTC
0,00 лв.
|
0 | 0.0% | ||||
94 |
Axolotl Valley
Bitcoin
|
0,0005 BTC
28,81 $
|
0.0% |
2,10 BTC
121 002 $
|
0 BTC
0,00 лв.
|
0 | 0.0% | ||||
95 |
Blesstiger(♆) [Reinscriptions]
Bitcoin
|
0,001 BTC
69,18 $
|
0.0% |
4,00 BTC
230 564 $
|
0 BTC
0,00 лв.
|
0 | 0.0% | ||||
96 |
Ordinal Robots: Wormhole
Bitcoin
|
0,0001 BTC
5,65 $
|
1.0% |
0,11 BTC
6 463,68 $
|
0 BTC
0,00 лв.
|
0 | 0.0% | ||||
97 |
Block 9 Cheekz
Bitcoin
|
0,004 BTC
213,29 $
|
0.0% |
0,37 BTC
21 329 $
|
0 BTC
0,00 лв.
|
0 | 0.0% | ||||
98 |
Bitcoin Whales
Bitcoin
|
0,002 BTC
99,68 $
|
3.5% |
17,46 BTC
996 839 $
|
0 BTC
0,00 лв.
|
0 | 0.0% | ||||
99 |
AYELIENS: World Domination
Bitcoin
|
0,0007 BTC
39,42 $
|
10.4% |
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What Are NFTs?
A non-fungible token (NFT) is a digital asset or a unique identifier that assigns, links, or proves ownership of unique physical and digital goods. These goods can be anything ranging from artwork, music, digital real estate, or videos. In simple terms, NFTs are unique crypto tokens managed on a blockchain and they can be considered as modern-day collectibles. Each NFT is coded with a unique ID and other metadata that are impossible to replicate on other tokens. The blockchain acts as a decentralized ledger that is used to track the transaction history and ownership of the NFT, and this makes it difficult to be counterfeited or altered. Any digital object can become an NFT and anyone can make an NFT. To convert a digital object to an NFT, you just need to mint or put the object on the blockchain as a token and put the digital artwork for sale. NFT creators can choose to attach a commission to the file and get paid for every sale or resale of the file.
What is a NFT floor price?
Floor price refers to the lowest price for an NFT collection that someone can buy directly from the market. You can now track market data for NFT collections using our new API за данни за NFT.
How to Calculate NFT Floor Prices?
NFT floor price is the lowest price an individual is willing to sell an NFT for. Alternatively, the NFT floor price can also be the lowest amount of ETH a person is able to spend to own an NFT or become a member of an NFT project. NFT floor price is often determined and set by the owner of the NFT. The seller can decide to choose a floor price that is less than that of other similar NFTs within the NFT project. Knowing how to calculate the floor price of an NFT will save you the trouble of making a bad investment. In most cases, NFT investors use the floor price to determine the rarity of an NFT and find out if the NFT project has the chance of appreciating in value. The major determinant of the value of NFT floor price is the demand. If the NFT is in high demand, the seller will not want to sell it at a price lower than the value of other NFTs in the project. But if the reverse is the case and the demand for the NFT is low, the seller will most likely pick a low floor price in order to sell out the NFT quickly before it freezes out. As stated above, the floor price of an NFT is determined by the demand for the NFT. Below are factors that can affect the demand for an NFT and ultimately affect the floor price of NFTs: - The utility of the NFT - The uniqueness of the product - Creator's popularity - The product appeal to a wide range of buyers - The diversity of the NFT creators
How Do NFTs Differ From Cryptocurrencies?
Cryptocurrencies are identical to each other and can serve as a medium of commercial exchange, NFTs on the other hand, cannot be exchanged or traded at equivalency. This is because they are not identical to each other. Fungible items like cryptocurrency and fiat money can be exchanged with one another without losing value because their value is not tied to their uniqueness. An example of a fungible item is a dollar bill. Every $1 bill has the same value, so exchanging one bill with another bill that has a different serial number will in no way reduce the value of the $1 bill. The reverse is the case with NFTs. Each token is unique and is not always worth the same amount as other similar tokens.
Why Do NFTs Have Value?
The primary reason for NFT value is that each token is unique and cannot be interchanged. NFTs are also valuable because they help verify the authenticity and ownership of a non-fungible asset. Even though these digital assets may be duplicated, the original is unique and irreplaceable. Plainly put, the value of NFTs is tied to the non-fungibility of the tokens. Unlike fungible tokens, NFTs cannot be broken down into smaller units. Fungible tokens such as bitcoin are divisible into smaller units. For instance, bitcoin can be split into Satoshi. The implication of this is that even though an NFT asset can be copied, the digital certificate of ownership that can be bought or sold along with the artwork can't be duplicated. Only the original asset has the ownership certificate. So while other people may have access to the asset, none of them can claim ownership of it. Even though the NFTs are virtual, the fact that their ownership and authenticity can be verified makes them valuable.
What are NFTs Used For?
NFT buyers can choose to do whatever they like with their NFT after purchase. In most cases, the use of the NFT is dependent on what type of NFT it is.
Some may choose to hold NFTs that they believe will have long-term value, while others may sell their NFTs after buying just to make some profit. Savvy NFT traders take advantage of price fluctuations and actively trade NFTs to generate profit.
On the other hand, some NFT buyers like art collectors are not interested in reselling the NFT. They buy NFTs because they like collecting them. This group of buyers derive joy from knowing that they are the sole owners of certain digital assets.
Also, the importance and uses of NFTs keeps increasing as more categories are being discovered.
Below are some things you can use NFTs for:
1. Verifying the Authenticity of Products
NFTs are used to store information regarding the manufacturing process and ownership of a product on the blockchain.
This information cannot be tampered with or duplicated.
The fact that all this information about a product can be accessed easily helps to solve the problem of the circulation of fake copies of a product.
2. Gaming Industry
The uses of NFTs in the gaming industry cannot be overemphasized. Game developers use NFTs to create a constant stream of revenue by having gamers buy and trade in-game NFT items.
The use of NFTs in the gaming industry also enables gamers to make easier and safer transactions devoid of middlemen within the blockchain.
3. Intellectual Property and Patents
You can use NFTs to protect intellectual property and patents and also prove your ownership of any piece of digital content.
The traditional IP right tools like trademarks and copyrights are not as efficient as NFTs when it comes to protecting and proving the real ownership of a piece of content.
With NFTs, the creator of content can prove that he is the original creator of a digital asset at any given time.
4. Utility in the Metaverse
NFTs play a leading role in shaping the virtual reality future like the metaverse.
Literally, every item sold in the metaverse is an NFT. Transactions are already being made in the metaverse using NFT coins.
The future avatar of every metaverse user is also an NFT.
How to Mint NFTs
Anyone can mint NFTs. This minting can be done on many of the available NFT marketplaces like OpenSea, SuperRare, and Rarible.
Because many of these marketplaces are only available on the Ethereum network, you must have Ethereum's native currency Ether, and a wallet compatible with the Ethereum network to be able to mint NFTs.
The process of minting NFTs in each marketplace may be slightly different, but they are similar. The major difference in the minting process is the fees charged by each marketplace.
The minting steps below are applicable to most marketplaces:
Step 1: Create a Crypto Exchange Account.
You will need Ether in your wallet to pay the minting fee.
Step 2: Create a Crypto Wallet
To get started with the minting process you need to open a crypto wallet and connect it to the NFT Marketplace.
If you are using a wallet like Coinbase or MetaMask, you may be asked to connect your wallet through a QR code scanner on your smartphone or download the wallet to your computer.
Step 3: Send Ether to your Wallet
After setting up your wallet, the next thing to do is to send Ether from your exchange to your wallet.
In most cases, you will be able to send crypto to a wallet with a public address.
Your wallet's public address will always be visible when you open your wallet plugin on the browser or on your smartphone.
Step 4: Connect Your Wallet
After opening your wallet, go to the website of the platform you are using and click on the profile option.
When you do this, you will see an option for connecting your wallet to the marketplace.
Select the option.
Once the wallet is connected and your marketplace profile has been created, you will need to complete your profile by entering a username and your email address to verify your account.
Your profile can include information such as what type of crypto you accept as payment, your website, and social media link, and some information about yourself.
Step 5: Mint Your NFT
After opening your wallet, go to the website of the platform you are using and click on the profile option.
When you do this, you will see an option for connecting your wallet to the marketplace.
Select the option.
Once the wallet is connected and your marketplace profile has been created, you will need to complete your profile by entering a username and your email address to verify your account.
Your profile can include information such as what type of crypto you accept as payment, your website, and social media link, and some information about yourself.
Step 6: Sell Your NFT
After creating your NFT, you will need to list it for sale.
To do this, click on the "Sell" option on your NFT page. You will be redirected to a new page where you can choose to sell your NFT for a fixed price or auction it.
If you are selling at a fixed price, set the price you want to sell at, then complete the listing.
Before finally listing your NFT for sale, your platform may ask you to initialize your wallet. You will also need to confirm the selling price through your wallet.
Once this is done, your NFT has been minted and is ready for sale.