Nejvyšší minimální cena kolekcí NFT podle objemu obchodování za 24 hodin
# | NFT | Minimální cena | 24 h.% | Posledních 7 dní | Tržní kapitalizace | Objem (24 h.) | Prodej za 24 hodin | Vlastníci za 24 hodin | |||
---|---|---|---|---|---|---|---|---|---|---|---|
1 |
Bored Ape Yacht Club
Ethereum
|
Koupit
|
15,94 ETH
49 730 $
|
7.6% |
159 338 ETH
497 200 716 $
|
1 384 ETH
4 317 927 $
|
85 | 0.1% | |||
2 |
Mutant Ape Yacht Club
Ethereum
|
Koupit
|
3,13 ETH
9 776,25 $
|
8.6% |
61 072 ETH
190 568 501 $
|
880,76 ETH
2 748 348 $
|
278 | 0.2% | |||
3 |
Pudgy Penguins
Ethereum
|
12,00 ETH
37 439 $
|
8.7% |
106 656 ETH
332 758 680 $
|
706,31 ETH
2 203 640 $
|
58 | 0.0% | ||||
4 |
Azuki
Ethereum
|
Koupit
|
4,52 ETH
14 095,82 $
|
1.1% |
45 180 ETH
140 958 191 $
|
236,96 ETH
739 312 $
|
52 | 0.0% | |||
5 |
Milady Maker
Ethereum
|
Koupit
|
4,76 ETH
14 857,08 $
|
5.4% |
47 515 ETH
148 243 955 $
|
234,25 ETH
730 831 $
|
49 | 0.2% | |||
6 |
DeGods
Ethereum
|
Koupit
|
1,72 ETH
5 367,70 $
|
5.5% |
15 463 ETH
48 255 628 $
|
191,92 ETH
598 933 $
|
104 | 0.2% | |||
7 |
Bitcoin Puppets
Bitcoin
|
0,28 BTC
17 713,70 $
|
13.9% |
2 820 BTC
177 154 721 $
|
8,62 BTC
541 411 $
|
29 | 0.0% | ||||
8 |
Lil Pudgys
Ethereum
|
0,95 ETH
2 954,57 $
|
7.5% |
20 505 ETH
63 975 274 $
|
154,37 ETH
481 631 $
|
154 | 0.0% | ||||
9 |
Captainz
Ethereum
|
3,25 ETH
10 135,10 $
|
0.9% |
32 477 ETH
101 340 870 $
|
142,18 ETH
443 672 $
|
44 | 0.1% | ||||
10 |
Prometheans
Bitcoin
|
0,082 BTC
5 153,33 $
|
10.9% |
1 722 BTC
108 219 925 $
|
6,42 BTC
403 472 $
|
80 | 0.3% | ||||
11 |
Lasogette
Ethereum
|
0,54 ETH
1 685,52 $
|
15.0% |
4 180 ETH
13 050 999 $
|
117,88 ETH
368 092 $
|
212 | 0.5% | ||||
12 |
CryptoPunks
Ethereum
|
Koupit
|
38,97 ETH
121 602 $
|
0.0% |
389 466 ETH
1 215 295 224 $
|
106,98 ETH
333 822 $
|
2 | 0.0% | |||
13 |
Redacted Remilio Babies
Ethereum
|
1,66 ETH
5 179,91 $
|
3.6% |
16 586 ETH
51 788 693 $
|
100,03 ETH
312 354 $
|
61 | 0.3% | ||||
14 |
Mad Lads
Solana
|
89,95 SOL
12 212,66 $
|
0.0% |
896 442 SOL
121 711 406 $
|
2 125 SOL
288 476 $
|
20 | 0.2% | ||||
15 |
RSIC METAPROTOCOL
Bitcoin
|
0,040 BTC
2 513,48 $
|
0.8% |
840,00 BTC
52 783 131 $
|
3,82 BTC
239 743 $
|
80 | 0.1% | ||||
16 |
Forked Nouns
Ethereum
|
36,75 ETH
114 688 $
|
0.7% |
17 346 ETH
54 132 951 $
|
71,00 ETH
221 575 $
|
2 | 0.0% | ||||
17 |
rektguy
Ethereum
|
0,41 ETH
1 272,96 $
|
9.1% |
3 596 ETH
11 219 899 $
|
66,08 ETH
206 160 $
|
157 | 0.5% | ||||
18 |
Clone X
Ethereum
|
0,56 ETH
1 759,60 $
|
4.4% |
11 049 ETH
34 477 617 $
|
64,79 ETH
202 161 $
|
112 | 0.1% | ||||
19 |
Moonbirds
Ethereum
|
0,63 ETH
1 965,55 $
|
1.2% |
6 300 ETH
19 655 525 $
|
59,72 ETH
186 330 $
|
93 | 0.1% | ||||
20 |
Froganas
Solana
|
1,95 SOL
265,32 $
|
13.5% |
10 854 SOL
1 473 844 $
|
1 362 SOL
184 965 $
|
601 | 2.0% | ||||
21 |
WHAT THE FFFF
Ethereum
|
0,011 ETH
34,27 $
|
0.0% |
11,00 ETH
34 268 $
|
59,34 ETH
184 850 $
|
- | 0.0% | ||||
22 |
Rune Pups
Bitcoin
|
0,069 BTC
4 323,71 $
|
22.5% |
741,52 BTC
46 600 909 $
|
2,93 BTC
184 192 $
|
37 | 0.2% | ||||
23 |
Doodles
Ethereum
|
1,56 ETH
4 880,46 $
|
2.7% |
15 627 ETH
48 794 820 $
|
58,24 ETH
181 867 $
|
37 | 0.0% | ||||
24 |
Mocaverse
Ethereum
|
3,80 ETH
11 858,61 $
|
7.4% |
33 755 ETH
105 399 305 $
|
52,35 ETH
163 459 $
|
14 | 0.1% | ||||
25 |
BEEPLE - GENESIS COLLECTION
Ethereum
|
79,00 ETH
246 455 $
|
73.4% |
8 058 ETH
25 138 434 $
|
50,00 ETH
155 984 $
|
1 | 0.0% | ||||
26 |
NodeMonkes
Bitcoin
|
0,36 BTC
22 435 $
|
4.8% |
3 570 BTC
224 351 462 $
|
2,24 BTC
140 930 $
|
6 | 0.4% | ||||
27 |
L3E7 Worlds
Ethereum
|
5,98 ETH
18 656,95 $
|
5.1% |
3 587 ETH
11 194 168 $
|
44,72 ETH
139 545 $
|
8 | 0.3% | ||||
28 |
My Pet Hooligan
Ethereum
|
0,47 ETH
1 469,48 $
|
4.8% |
4 186 ETH
13 060 778 $
|
43,83 ETH
136 733 $
|
75 | 0.2% | ||||
29 |
Bored Ape Kennel Club
Ethereum
|
0,63 ETH
1 973,26 $
|
12.7% |
6 068 ETH
18 947 246 $
|
41,85 ETH
130 673 $
|
65 | 0.0% | ||||
30 |
Azuki Elementals
Ethereum
|
0,41 ETH
1 285,61 $
|
6.8% |
6 499 ETH
20 279 213 $
|
41,24 ETH
128 690 $
|
97 | 0.0% | ||||
31 |
Runestone
Bitcoin
|
0,025 BTC
1 558,57 $
|
14.5% |
2 788 BTC
175 183 046 $
|
1,97 BTC
123 619 $
|
80 | 0.0% | ||||
32 |
CyberKongz (Babies)
Ethereum
|
0,98 ETH
3 051,76 $
|
7.2% |
3 912 ETH
12 207 055 $
|
35,52 ETH
110 831 $
|
41 | 0.1% | ||||
33 |
Terraforms by Mathcastles
Ethereum
|
1,02 ETH
3 189,06 $
|
2.7% |
10 129 ETH
31 606 792 $
|
33,47 ETH
104 427 $
|
33 | 0.3% | ||||
34 |
Bit Bears by Berachain
Ethereum
|
4,29 ETH
13 395,93 $
|
2.7% |
9 784 ETH
30 529 329 $
|
33,00 ETH
102 970 $
|
8 | 0.1% | ||||
35 |
Kanpai Pandas
Ethereum
|
1,71 ETH
5 348,78 $
|
0.5% |
13 648 ETH
42 592 321 $
|
32,70 ETH
102 038 $
|
20 | 0.0% | ||||
36 |
MATR1X KUKU
Ethereum
|
1,67 ETH
5 211,69 $
|
10.7% |
11 132 ETH
34 741 146 $
|
30,19 ETH
94 229 $
|
19 | 0.3% | ||||
37 |
mfers
Ethereum
|
0,45 ETH
1 403,81 $
|
5.4% |
4 508 ETH
14 064 741 $
|
29,83 ETH
93 090 $
|
64 | 0.1% | ||||
38 |
Ordinal Maxi Biz (OMB)
Bitcoin
|
0,42 BTC
26 432 $
|
0.0% |
883,24 BTC
55 507 583 $
|
1,41 BTC
88 458 $
|
3 | 0.0% | ||||
39 |
TOPIA Worlds
Ethereum
|
0,94 ETH
2 927,34 $
|
29.8% |
9 379 ETH
29 270 427 $
|
28,30 ETH
88 305 $
|
27 | 0.9% | ||||
40 |
Solana Monkey Business
Solana
|
36,94 SOL
5 015,22 $
|
0.1% |
184 441 SOL
25 041 013 $
|
640,38 SOL
86 943 $
|
17 | 0.1% | ||||
41 |
Chromie Squiggle by Snowfro
Ethereum
|
5,35 ETH
16 694,21 $
|
2.7% |
53 468 ETH
166 841 916 $
|
27,27 ETH
85 097 $
|
4 | 0.0% | ||||
42 |
Otherdeed for Otherside
Ethereum
|
0,20 ETH
631,66 $
|
2.4% |
9 558 ETH
29 827 396 $
|
25,71 ETH
80 251 $
|
78 | 0.0% | ||||
43 |
INK
Bitcoin
|
0,019 BTC
1 193,39 $
|
23.1% |
190,00 BTC
11 933 875 $
|
1,26 BTC
79 340 $
|
54 | 0.1% | ||||
44 |
Pixelmon
Ethereum
|
1,60 ETH
4 995,99 $
|
2.6% |
20 106 ETH
62 779 615 $
|
25,39 ETH
79 284 $
|
12 | 0.1% | ||||
45 |
Quantum Cats
Bitcoin
|
0,40 BTC
24 811 $
|
1.3% |
1 317 BTC
82 695 511 $
|
1,21 BTC
75 941 $
|
3 | 1.2% | ||||
46 |
Honey Comb
Ethereum
|
0,31 ETH
967,18 $
|
17.2% |
5 090 ETH
15 881 040 $
|
21,77 ETH
67 921 $
|
72 | 0.3% | ||||
47 |
RΞMNANTS
Ethereum
|
7,50 ETH
23 403 $
|
25.2% |
1 875 ETH
5 850 774 $
|
21,50 ETH
67 089 $
|
2 | 0.0% | ||||
48 |
BEEPLE - SPRING/SUMMER COLLECTION 2021
Ethereum
|
10,50 ETH
32 764 $
|
16.7% |
5 365 ETH
16 742 573 $
|
20,00 ETH
62 408 $
|
1 | 0.0% | ||||
49 |
Flokitars
Ethereum
|
0,033 ETH
102,47 $
|
0.0% |
328,93 ETH
1 024 720 $
|
19,38 ETH
60 387 $
|
15 | 0.0% | ||||
50 |
sharx by sharky.fi
Solana
|
3,18 SOL
431,61 $
|
0.7% |
32 133 SOL
4 362 737 $
|
444,13 SOL
60 300 $
|
128 | 1.0% | ||||
51 |
Fellowship Patron Pass
Ethereum
|
0,055 ETH
171,68 $
|
15.1% |
54,99 ETH
171 682 $
|
18,87 ETH
58 894 $
|
2 | 0.0% | ||||
52 |
CryptoDickbutts
Ethereum
|
0,39 ETH
1 232,26 $
|
6.8% |
2 053 ETH
6 405 284 $
|
18,27 ETH
56 982 $
|
41 | 0.1% | ||||
53 |
Persona
Ethereum
|
0,23 ETH
730,06 $
|
10.2% |
2 077 ETH
6 479 303 $
|
17,68 ETH
55 152 $
|
69 | 0.4% | ||||
54 |
PX Quest
Ethereum
|
0,72 ETH
2 239,67 $
|
0.2% |
5 384 ETH
16 797 543 $
|
16,86 ETH
52 598 $
|
25 | 0.0% | ||||
55 |
PXQuest Adventurer
Ethereum
|
0,72 ETH
2 239,48 $
|
4.0% |
5 384 ETH
16 796 114 $
|
16,86 ETH
52 593 $
|
25 | 0.0% | ||||
56 |
Apostles of Greed 🟠
Bitcoin
|
0,016 BTC
1 018,18 $
|
15.8% |
44,84 BTC
2 818 335 $
|
0,81 BTC
51 169 $
|
37 | 0.8% | ||||
57 |
Honey Badgers
Bitcoin
|
0,024 BTC
1 507,58 $
|
9.6% |
240,00 BTC
15 075 830 $
|
0,81 BTC
51 094 $
|
30 | 0.3% | ||||
58 |
Rug Radio - Genesis NFT
Ethereum
|
0,094 ETH
294,24 $
|
15.7% |
1 886 ETH
5 884 786 $
|
15,93 ETH
49 715 $
|
168 | 0.4% | ||||
59 |
Skyborne - NexianGems
Ethereum
|
0,95 ETH
2 955,42 $
|
4.9% |
3 156 ETH
9 850 424 $
|
15,84 ETH
49 434 $
|
17 | 0.4% | ||||
60 |
MAX PAIN AND FRENS BY XCOPY
Ethereum
|
0,60 ETH
1 871,95 $
|
0.2% |
4 181 ETH
13 045 653 $
|
15,57 ETH
48 568 $
|
9 | 0.0% | ||||
61 |
Pizza Ninjas
Bitcoin
|
0,15 BTC
9 289,36 $
|
6.3% |
221,70 BTC
13 934 042 $
|
0,77 BTC
48 521 $
|
5 | 0.5% | ||||
62 |
Rune Doors
Bitcoin
|
0,009 BTC
565,53 $
|
18.9% |
89,98 BTC
5 655 323 $
|
0,76 BTC
48 061 $
|
80 | 0.4% | ||||
63 |
BEANZ Official
Ethereum
|
0,23 ETH
717,58 $
|
8.0% |
4 589 ETH
14 315 774 $
|
14,63 ETH
45 647 $
|
59 | 0.0% | ||||
64 |
Claynosaurz
Solana
|
13,93 SOL
1 891,36 $
|
3.2% |
139 310 SOL
18 913 599 $
|
319,16 SOL
43 331 $
|
18 | 0.6% | ||||
65 |
Pudgy Rods
Ethereum
|
0,22 ETH
680,33 $
|
1.4% |
1 612 ETH
5 031 031 $
|
13,62 ETH
42 519 $
|
62 | 0.1% | ||||
66 |
Pixels - Farm Land
Ethereum
|
1,61 ETH
5 023,86 $
|
3.0% |
8 050 ETH
25 119 322 $
|
13,52 ETH
42 198 $
|
8 | 0.1% | ||||
67 |
FLUF World
Ethereum
|
0,49 ETH
1 529,18 $
|
7.2% |
4 900 ETH
15 291 794 $
|
13,35 ETH
41 655 $
|
16 | 0.2% | ||||
68 |
OSF
Ethereum
|
3,49 ETH
10 873,16 $
|
0.0% |
732,54 ETH
2 283 364 $
|
13,34 ETH
41 581 $
|
4 | 0.6% | ||||
69 |
Meebits
Ethereum
|
0,62 ETH
1 934,66 $
|
1.4% |
12 399 ETH
38 691 183 $
|
13,18 ETH
41 114 $
|
21 | 0.0% | ||||
70 |
Sproto Gremlins
Ethereum
|
0,34 ETH
1 066,87 $
|
8.8% |
1 139 ETH
3 552 674 $
|
13,03 ETH
40 671 $
|
39 | 0.4% | ||||
71 |
Nobody
Ethereum
|
0,15 ETH
483,43 $
|
4.8% |
1 550 ETH
4 834 323 $
|
13,03 ETH
40 650 $
|
83 | 0.0% | ||||
72 |
Candy Collective: Genesis Collection
Ethereum
|
0,50 ETH
1 560,39 $
|
12.0% |
1 000 ETH
3 120 774 $
|
12,85 ETH
40 116 $
|
29 | 0.4% | ||||
73 |
Muraqqa
Ethereum
|
4,50 ETH
13 994,28 $
|
12.8% |
499,50 ETH
1 553 366 $
|
12,79 ETH
39 775 $
|
4 | 3.8% | ||||
74 |
The Wizards of Ord
Bitcoin
|
0,029 BTC
1 821,66 $
|
15.5% |
96,66 BTC
6 071 602 $
|
0,61 BTC
38 367 $
|
22 | 0.1% | ||||
75 |
SchizoPosters
Ethereum
|
0,47 ETH
1 466,05 $
|
7.8% |
2 610 ETH
8 142 456 $
|
12,27 ETH
38 286 $
|
26 | 0.1% | ||||
76 |
Overworld Incarna
Ethereum
|
1,33 ETH
4 149,99 $
|
3.6% |
7 980 ETH
24 899 931 $
|
11,95 ETH
37 294 $
|
8 | 0.1% | ||||
77 |
Bitcoin Punks
Bitcoin
|
0,030 BTC
1 870,52 $
|
24.1% |
297,68 BTC
18 705 211 $
|
0,58 BTC
36 277 $
|
19 | 0.0% | ||||
78 |
TODAY - Ancient Seed
Ethereum
|
1,43 ETH
4 458,90 $
|
1.4% |
1 110 ETH
3 464 563 $
|
11,23 ETH
35 035 $
|
7 | 6.5% | ||||
79 |
Mittaria Genesis
Ethereum
|
0,15 ETH
476,22 $
|
17.9% |
338,86 ETH
1 058 166 $
|
11,01 ETH
34 387 $
|
73 | 0.2% | ||||
80 |
Solcasino.io
Solana
|
16,98 SOL
2 304,71 $
|
9.8% |
84 900 SOL
11 523 565 $
|
245,72 SOL
33 351 $
|
15 | 6.1% | ||||
81 |
CEDEN Keystone NFT Nodes
Ethereum
|
0,12 ETH
364,78 $
|
31.4% |
1 169 ETH
3 647 762 $
|
10,63 ETH
33 176 $
|
92 | 0.5% | ||||
82 |
Blond
Ethereum
|
2,67 ETH
8 322,67 $
|
3.5% |
42,72 ETH
133 163 $
|
10,47 ETH
32 636 $
|
4 | 0.0% | ||||
83 |
Sappy Seals
Ethereum
|
0,72 ETH
2 261,63 $
|
2.7% |
7 247 ETH
22 609 549 $
|
10,32 ETH
32 202 $
|
15 | 0.4% | ||||
84 |
Ape Odyssey
Bitcoin
|
0,009 BTC
540,52 $
|
4.9% |
43,00 BTC
2 702 588 $
|
0,50 BTC
31 675 $
|
57 | 0.2% | ||||
85 |
The Memes by 6529
Ethereum
|
0,028 ETH
88,07 $
|
1.4% |
5,07 ETH
15 764,07 $
|
9,87 ETH
30 712 $
|
61 | 0.1% | ||||
86 |
Rumble Kong League
Ethereum
|
0,36 ETH
1 110,87 $
|
29.5% |
3 560 ETH
11 108 669 $
|
9,16 ETH
28 571 $
|
28 | 0.2% | ||||
87 |
DogePunks
Bitcoin
|
0,005 BTC
282,83 $
|
91.8% |
45,00 BTC
2 828 290 $
|
0,44 BTC
27 650 $
|
80 | 2.1% | ||||
88 |
CryptoUndeads
Solana
|
1,26 SOL
171,19 $
|
8.5% |
12 598 SOL
1 711 752 $
|
195,86 SOL
26 612 $
|
79 | 0.2% | ||||
89 |
Tiny Vikings
Bitcoin
|
0,004 BTC
263,97 $
|
13.4% |
84,00 BTC
5 279 475 $
|
0,41 BTC
26 068 $
|
80 | 0.2% | ||||
90 |
Parallel Avatars
Ethereum
|
0,71 ETH
2 204,22 $
|
0.3% |
7 772 ETH
24 248 630 $
|
8,29 ETH
25 854 $
|
11 | 0.2% | ||||
91 |
Celestine Sloth Society
Stargaze
|
169 900 STARS
3 552,37 $
|
0.1% |
424 750 000 STARS
8 880 924 $
|
1 225 084 STARS
25 615 $
|
5 | 0.0% | ||||
92 |
Sam Spratt - LUCI: Chapter 5 - The Monument Game
Ethereum
|
Koupit
|
9,97 ETH
31 107 $
|
16.6% |
2 552 ETH
7 963 493 $
|
7,97 ETH
24 867 $
|
1 | 0.7% | |||
93 |
Pixelmon Trainers - Generation 1
Ethereum
|
0,33 ETH
1 029,42 $
|
5.4% |
2 309 ETH
7 205 969 $
|
7,86 ETH
24 526 $
|
18 | 0.2% | ||||
94 |
Murakami.Flowers Official
Ethereum
|
0,21 ETH
664,74 $
|
2.7% |
2 163 ETH
6 749 065 $
|
7,82 ETH
24 397 $
|
36 | 0.0% | ||||
95 |
Nouns
Ethereum
|
Koupit
|
10,05 ETH
31 355 $
|
30.5% |
10 995 ETH
34 302 635 $
|
7,70 ETH
24 023 $
|
1 | 0.4% | |||
96 |
The Weirdo Ghost Gang
Ethereum
|
0,26 ETH
797,01 $
|
3.6% |
1 419 ETH
4 428 213 $
|
7,36 ETH
22 969 $
|
32 | 0.3% | ||||
97 |
The Potatoz
Ethereum
|
1,90 ETH
5 919,42 $
|
2.4% |
18 968 ETH
59 188 310 $
|
7,36 ETH
22 960 $
|
4 | 0.1% | ||||
98 |
Natcats
Bitcoin
|
0,030 BTC
1 872,80 $
|
17.0% |
240,31 BTC
15 102 222 $
|
0,36 BTC
22 707 $
|
10 | 0.2% | ||||
99 |
Primera by Mitchell and Yun
Ethereum
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1,80 ETH
5 620,95 $
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63.6% |
720,00 ETH
2 248 381 $
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7,27 ETH
22 702 $
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6 | 2.4% | ||||
100 |
Ultiverse - Electric Sheep
Ethereum
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1,46 ETH
4 550,17 $
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0.3% |
10 206 ETH
31 851 157 $
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7,20 ETH
22 469 $
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5 | 0.1% |
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 Rozhraní API s daty 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.