Nejoblíbenější kolekce NFT na chainu Avalanche 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 |
Smol Joes
Avalanche
|
0 AVAX
0,00 Kč
|
0.0% |
0 AVAX
0,00 Kč
|
1,03 AVAX
38,08 $
|
1 | 25.0% | ||||
2 |
SwolChads
Avalanche
|
11,00 AVAX
406,00 $
|
0.0% |
1 100 AVAX
40 600 $
|
0 AVAX
0,00 Kč
|
0 | 1.6% | ||||
3 |
HappyFlowers
Avalanche
|
0,10 AVAX
3,69 $
|
0.0% |
55,40 AVAX
2 044,76 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
4 |
Based Bears
Avalanche
|
0,10 AVAX
3,69 $
|
0.0% |
65,70 AVAX
2 424,93 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
5 |
MooWorld
Avalanche
|
0,18 AVAX
6,82 $
|
0.0% |
142,74 AVAX
5 268,51 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
6 |
SelfLoveQueens
Avalanche
|
0,10 AVAX
3,69 $
|
0.0% |
6,00 AVAX
221,59 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
7 |
Hatchy Pocket
Avalanche
|
0,30 AVAX
11,07 $
|
0.1% |
7 800 AVAX
288 056 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
8 |
SILLY LITTLE GHOSTS!
Avalanche
|
0,49 AVAX
18,09 $
|
0.0% |
108,78 AVAX
4 014,97 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
9 |
Baby Rider
Avalanche
|
0,20 AVAX
7,39 $
|
0.0% |
500,00 AVAX
18 466,07 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
10 |
Owloper
Avalanche
|
0,20 AVAX
7,40 $
|
0.0% |
444,40 AVAX
16 435,59 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
11 |
Galexyz
Avalanche
|
0,27 AVAX
10,13 $
|
0.0% |
304,14 AVAX
11 239,57 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
12 |
Wrestling Metaverse Originals
Avalanche
|
0 AVAX
0,00 Kč
|
0.0% |
0 AVAX
0,00 Kč
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
13 |
Big Joe's
Avalanche
|
4,00 AVAX
147,82 $
|
0.0% |
396,00 AVAX
14 634,27 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
14 |
AVAXWARRIORS
Avalanche
|
0,30 AVAX
11,09 $
|
0.0% |
1 620 AVAX
59 867 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
15 |
Hoppers Game
Avalanche
|
0,45 AVAX
16,63 $
|
9.1% |
4 497 AVAX
166 253 $
|
0 AVAX
0,00 Kč
|
0 | 0.2% | ||||
16 |
Alien Crows
Avalanche
|
1,90 AVAX
70,29 $
|
0.0% |
190,00 AVAX
7 029,28 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
17 |
Innermost by Brian Morris
Avalanche
|
1,00 AVAX
36,97 $
|
0.0% |
555,00 AVAX
20 517 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
18 |
BabySkullz
Avalanche
|
24,39 AVAX
901,65 $
|
0.0% |
12 195 AVAX
450 827 $
|
0 AVAX
0,00 Kč
|
0 | 0.7% | ||||
19 |
Frog Frens
Avalanche
|
0,094 AVAX
3,48 $
|
0.0% |
313,11 AVAX
11 578,80 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
20 |
Metamorph
Avalanche
|
2,88 AVAX
106,50 $
|
93.3% |
1 443 AVAX
53 357 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
21 |
Golden Smol
Avalanche
|
0,50 AVAX
18,49 $
|
0.0% |
67,00 AVAX
2 477,43 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
22 |
Burger Pics
Avalanche
|
5,00 AVAX
184,90 $
|
0.0% |
855,00 AVAX
31 617 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
23 |
Veggies
Avalanche
|
0,88 AVAX
32,54 $
|
0.0% |
88,00 AVAX
3 253,94 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
24 |
Swarms
Avalanche
|
0,55 AVAX
20,52 $
|
0.0% |
3 838 AVAX
141 943 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
25 |
DegenFrogs
Avalanche
|
0,060 AVAX
2,22 $
|
0.0% |
324,90 AVAX
12 013,69 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
26 |
MINI Market Makers
Avalanche
|
0,74 AVAX
27,37 $
|
0.0% |
2 488 AVAX
92 005 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
27 |
MIMI 33 Monoliths
Avalanche
|
10,00 AVAX
369,77 $
|
0.0% |
330,00 AVAX
12 202,27 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
28 |
Chuggers
Avalanche
|
0,42 AVAX
15,53 $
|
0.0% |
41,16 AVAX
1 521,96 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
29 |
Chikn Party Hat
Avalanche
|
0,50 AVAX
18,49 $
|
0.0% |
500,00 AVAX
18 490,57 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
30 |
MBApes Academy
Avalanche
|
1,50 AVAX
55,48 $
|
0.0% |
550,50 AVAX
20 360 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
31 |
EsoTeros
Avalanche
|
25,00 AVAX
924,59 $
|
0.0% |
1 250 AVAX
46 230 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
32 |
Toonlands Metaverse
Avalanche
|
5,30 AVAX
196,01 $
|
0.0% |
54 935 AVAX
2 031 685 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
33 |
Lowww Exposures
Avalanche
|
1,00 AVAX
36,98 $
|
0.0% |
36,00 AVAX
1 331,44 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
34 |
Knives Legacy
Avalanche
|
0,40 AVAX
14,79 $
|
0.0% |
1 776 AVAX
65 668 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
35 |
Friend Forest
Avalanche
|
0,10 AVAX
3,70 $
|
0.0% |
133,70 AVAX
4 944,83 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
36 |
ferdy fish
Avalanche
|
515,00 AVAX
19 046,64 $
|
0.0% |
154 500 AVAX
5 713 993 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
37 |
Lost in LA
Avalanche
|
0,24 AVAX
8,88 $
|
0.0% |
179,04 AVAX
6 621,71 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
38 |
Bananaz
Avalanche
|
0,70 AVAX
25,89 $
|
0.0% |
363,30 AVAX
13 436,47 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
39 |
Mambonauts
Avalanche
|
0,85 AVAX
31,44 $
|
0.0% |
2 609 AVAX
96 480 $
|
0 AVAX
0,00 Kč
|
0 | 0.2% | ||||
40 |
MT ATM
Avalanche
|
5,00 AVAX
184,92 $
|
0.0% |
625,00 AVAX
23 115 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
41 |
Founders Pass Skin Collection
Avalanche
|
0,50 AVAX
18,50 $
|
0.0% |
509,50 AVAX
18 849,58 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
42 |
RaptOriginZ
Avalanche
|
1,50 AVAX
55,35 $
|
34.8% |
2 601 AVAX
95 984 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
43 |
Rich Bear Club
Avalanche
|
0,17 AVAX
6,42 $
|
0.0% |
51,16 AVAX
1 887,80 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
44 |
Tortuga Ships
Avalanche
|
3,00 AVAX
110,99 $
|
0.0% |
734,76 AVAX
27 192 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
45 |
The Person
Avalanche
|
0,58 AVAX
21,62 $
|
0.0% |
2 340 AVAX
86 491 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
46 |
DUALITY
Avalanche
|
3,49 AVAX
128,79 $
|
0.0% |
209,40 AVAX
7 727,43 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
47 |
Hoppin Chain
Avalanche
|
2,00 AVAX
73,95 $
|
0.0% |
168,00 AVAX
6 212,07 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
48 |
Avalanche House
Avalanche
|
1,00 AVAX
37,01 $
|
0.0% |
100,00 AVAX
3 700,77 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
49 |
Doodleverse
Avalanche
|
19,30 AVAX
714,24 $
|
0.0% |
1 949 AVAX
72 138 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
50 |
Feelings
Avalanche
|
2,00 AVAX
74,02 $
|
0.0% |
500,00 AVAX
18 503,86 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
51 |
Bonkers Bears
Avalanche
|
0,36 AVAX
13,28 $
|
28.2% |
1 197 AVAX
44 276 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
52 |
The Stage
Avalanche
|
5,00 AVAX
185,04 $
|
0.0% |
160,00 AVAX
5 921,23 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
53 |
Simple Man
Avalanche
|
0,20 AVAX
7,40 $
|
0.0% |
177,60 AVAX
6 572,57 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
54 |
El33t
Avalanche
|
0,35 AVAX
12,95 $
|
0.0% |
2 119 AVAX
78 416 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
55 |
Beeg Rock Investments
Avalanche
|
17,00 AVAX
629,13 $
|
0.0% |
2 992 AVAX
110 727 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
56 |
Tiny Huskies
Avalanche
|
9,99 AVAX
369,66 $
|
0.0% |
999,00 AVAX
36 966 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
57 |
LooneyTown
Avalanche
|
0,10 AVAX
3,70 $
|
0.0% |
99,90 AVAX
3 697,44 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
58 |
Smol Turds
Avalanche
|
5,72 AVAX
211,62 $
|
0.4% |
571,90 AVAX
21 162 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
59 |
Farmland
Avalanche
|
8,00 AVAX
296,09 $
|
0.0% |
40 000 AVAX
1 480 458 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
60 |
Owloper Baby
Avalanche
|
0,20 AVAX
7,40 $
|
0.0% |
333,80 AVAX
12 354,42 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
61 |
Chikn
Avalanche
|
9,20 AVAX
340,51 $
|
1.1% |
92 000 AVAX
3 405 053 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
62 |
Rich Peon Poor Peon
Avalanche
|
0,65 AVAX
24,05 $
|
0.0% |
578,50 AVAX
21 406 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
63 |
Firat
Avalanche
|
0,85 AVAX
31,45 $
|
0.0% |
4 249 AVAX
157 233 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
64 |
100 Web Characters
Avalanche
|
3,00 AVAX
111,03 $
|
0.0% |
303,00 AVAX
11 214,47 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
65 |
Dragon Crypto Hero
Avalanche
|
0,82 AVAX
30,53 $
|
2.3% |
2 688 AVAX
99 469 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
66 |
HELLBORN
Avalanche
|
0,15 AVAX
5,55 $
|
0.0% |
98,55 AVAX
3 647,48 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
67 |
Vending Machine NFT
Avalanche
|
0,50 AVAX
18,50 $
|
0.0% |
2 057 AVAX
76 116 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
68 |
MadSkullz
Avalanche
|
0,99 AVAX
36,64 $
|
0.0% |
5 940 AVAX
219 848 $
|
0 AVAX
0,00 Kč
|
0 | 0.5% | ||||
69 |
Crafters Animals
Avalanche
|
0,66 AVAX
24,43 $
|
0.0% |
52,80 AVAX
1 954,20 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
70 |
morfs
Avalanche
|
7,49 AVAX
277,22 $
|
0.0% |
749,00 AVAX
27 722 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
71 |
Bounty Baddies
Avalanche
|
101,00 AVAX
3 738,16 $
|
0.0% |
101 000 AVAX
3 738 156 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
72 |
Smol Chikn
Avalanche
|
0,49 AVAX
18,13 $
|
0.0% |
69,09 AVAX
2 556,61 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
73 |
VinTageTape
Avalanche
|
0,25 AVAX
9,25 $
|
0.0% |
53,50 AVAX
1 979,71 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
74 |
Crypto Broskis
Avalanche
|
0,22 AVAX
8,14 $
|
0.0% |
564,30 AVAX
20 881 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
75 |
LoOK Friends
Avalanche
|
10,00 AVAX
370,04 $
|
0.0% |
500,00 AVAX
18 502,00 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
76 |
CLoudheadznfts
Avalanche
|
0,44 AVAX
16,27 $
|
0.0% |
1 227 AVAX
45 348 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
77 |
Shamanic Roots
Avalanche
|
5,50 AVAX
203,50 $
|
0.0% |
379,50 AVAX
14 041,40 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
78 |
Passive Panda Node Club
Avalanche
|
24,00 AVAX
888,17 $
|
0.0% |
48 024 AVAX
1 777 231 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
79 |
Avax Whales
Avalanche
|
0,63 AVAX
23,50 $
|
0.0% |
809,50 AVAX
29 957 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
80 |
pumpskin NFT
Avalanche
|
0,094 AVAX
3,48 $
|
0.0% |
302,68 AVAX
11 201,32 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
81 |
Husky Pack
Avalanche
|
2,00 AVAX
74,01 $
|
0.0% |
9 998 AVAX
369 997 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
82 |
Ordinary People
Avalanche
|
0,10 AVAX
3,70 $
|
0.0% |
55,50 AVAX
2 053,90 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
83 |
FireHeadz
Avalanche
|
0 AVAX
0,00 Kč
|
0.0% |
0 AVAX
0,00 Kč
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
84 |
Smart Finance OG-NFT
Avalanche
|
0,24 AVAX
9,03 $
|
0.0% |
1 997 AVAX
73 908 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
85 |
Conscious Lines by Gabe Weis
Avalanche
|
0,67 AVAX
24,79 $
|
0.0% |
668,66 AVAX
24 745 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
86 |
Rich RBC Founder
Avalanche
|
0 AVAX
0,00 Kč
|
0.0% |
0 AVAX
0,00 Kč
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
87 |
Avalanche Hills Muscle Cars
Avalanche
|
1,19 AVAX
44,04 $
|
0.0% |
10 274 AVAX
380 228 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
88 |
Koala Headz
Avalanche
|
0,17 AVAX
6,29 $
|
0.0% |
94,18 AVAX
3 485,33 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
89 |
Avapepes
Avalanche
|
0,23 AVAX
8,69 $
|
0.0% |
2 349 AVAX
86 912 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
90 |
Ryu NFT
Avalanche
|
0,35 AVAX
12,95 $
|
0.0% |
1 167 AVAX
43 175 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
91 |
Smol APAs
Avalanche
|
19,90 AVAX
736,52 $
|
43.2% |
1 990 AVAX
73 652 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
92 |
Bounty Besties: Dogs
Avalanche
|
0,30 AVAX
11,10 $
|
0.0% |
224,63 AVAX
8 313,59 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
93 |
DeFi Dinos
Avalanche
|
10,00 AVAX
370,11 $
|
0.0% |
49 990 AVAX
1 850 177 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
94 |
Smol Chicken Jelly Coqs
Avalanche
|
1,95 AVAX
72,17 $
|
0.0% |
286,65 AVAX
10 609,19 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
95 |
Yeti Yetis
Avalanche
|
0 AVAX
0,00 Kč
|
0.0% |
0 AVAX
0,00 Kč
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
96 |
Scourge Apes
Avalanche
|
0,092 AVAX
3,41 $
|
0.0% |
297,25 AVAX
11 001,58 $
|
0 AVAX
0,00 Kč
|
0 | 0.0% | ||||
97 |
Fire Frens
Avalanche
|
0,49 AVAX
18,14 $
|
0.0% |
205,31 AVAX
7 598,72 $
|
0 AVAX
0,00 Kč
|
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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 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.