Nejoblíbenější kolekce NFT na chainu Bitcoin 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 | |||
---|---|---|---|---|---|---|---|---|---|---|---|
101 |
Recursive Doodinals
Bitcoin
|
0,039 BTC
2 594,23 $
|
0.0% |
81,48 BTC
5 447 885 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
102 |
Taproot Punks
Bitcoin
|
0,0003 BTC
22,73 $
|
1.4% |
3,40 BTC
227 330 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
103 |
Ordinal Robots: Wormhole
Bitcoin
|
0,0001 BTC
6,62 $
|
0.0% |
0,11 BTC
7 572,48 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
104 |
OCM Dimensions 300
Bitcoin
|
0,27 BTC
18 029,91 $
|
0.0% |
80,83 BTC
5 408 973 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
105 |
⏳ Vintage
Bitcoin
|
0,0007 BTC
46,80 $
|
0.0% |
0,70 BTC
46 522 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
106 |
Satoshi Punks
Bitcoin
|
0,030 BTC
2 005,84 $
|
0.0% |
3,00 BTC
200 584 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
107 |
MemFlux
Bitcoin
|
0,010 BTC
668,54 $
|
0.0% |
2,56 BTC
171 147 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
108 |
Twelvefold
Bitcoin
|
0,29 BTC
19 657,27 $
|
0.0% |
88,20 BTC
5 897 182 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
109 |
MNCHRMS
Bitcoin
|
0,001 BTC
89,38 $
|
7.8% |
13,50 BTC
902 820 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
110 |
BTC Virus
Bitcoin
|
0,002 BTC
109,08 $
|
0.0% |
16,29 BTC
1 089 943 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
111 |
Titanium Cheeto (BRC-420)
Bitcoin
|
0,0007 BTC
45,49 $
|
1.4% |
0,68 BTC
45 531 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
112 |
Galactic Ordinals
Bitcoin
|
0,007 BTC
461,16 $
|
0.0% |
2,07 BTC
138 349 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
113 |
Bitcoin Budgie
Bitcoin
|
0,039 BTC
2 610,00 $
|
2.5% |
0,51 BTC
33 930 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
114 |
Rare Sats LilFox
Bitcoin
|
0,0007 BTC
43,50 $
|
0.0% |
0,002 BTC
130,50 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
115 |
Squared
Bitcoin
|
0,049 BTC
3 276,52 $
|
0.0% |
5,44 BTC
363 693 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
116 |
Yokai Avengers
Bitcoin
|
0,013 BTC
869,20 $
|
0.0% |
8,61 BTC
575 408 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
117 |
Bitcoin mfers
Bitcoin
|
0,0002 BTC
10,03 $
|
0.0% |
1,50 BTC
100 292 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
118 |
Oblivion by Nullish
Bitcoin
|
0,085 BTC
5 648,94 $
|
0.0% |
46,81 BTC
3 129 511 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
119 |
The Golden Ratio by Harto x VIVID
Bitcoin
|
0,14 BTC
9 291,57 $
|
0.0% |
58,38 BTC
3 902 461 $
|
0 BTC
0,00 Kč
|
0 | 0.4% | ||||
120 |
BTC Bulls
Bitcoin
|
0,002 BTC
113,00 $
|
0.0% |
3,55 BTC
237 291 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
121 |
BitDodos
Bitcoin
|
0,0001 BTC
9,29 $
|
0.0% |
0,23 BTC
15 511,22 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
122 |
Uncommon Guys
Bitcoin
|
0,017 BTC
1 136,64 $
|
0.0% |
1,70 BTC
113 664 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
123 |
Bitcoin Knight S2
Bitcoin
|
0,0003 BTC
17,38 $
|
0.0% |
1,30 BTC
86 920 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
124 |
TradFiLines
Bitcoin
|
0,065 BTC
4 345,99 $
|
0.0% |
32,50 BTC
2 172 993 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
125 |
OFURO badge Collection
Bitcoin
|
1,00 BTC
66 872 $
|
0.0% |
4,00 BTC
267 488 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
126 |
Clay Pepes
Bitcoin
|
0,002 BTC
133,69 $
|
0.0% |
6,00 BTC
401 075 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
127 |
GLAM
Bitcoin
|
0,0004 BTC
26,09 $
|
0.0% |
0,13 BTC
8 532,92 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
128 |
Memento Mori by Richard Nadler
Bitcoin
|
0,009 BTC
602,16 $
|
10.0% |
1,85 BTC
124 045 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
129 |
Distortion by Nullish
Bitcoin
|
0,013 BTC
861,76 $
|
0.1% |
14,31 BTC
957 415 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
130 |
BEPE
Bitcoin
|
0,002 BTC
110,42 $
|
0.0% |
0,70 BTC
46 598 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
131 |
Sats Hunters
Bitcoin
|
0,007 BTC
480,04 $
|
0.8% |
8,17 BTC
546 283 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
132 |
My Bitcoin Kingdom: Genesis Lands
Bitcoin
|
0,002 BTC
113,66 $
|
0.0% |
3,57 BTC
238 695 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
133 |
Runes OMBI
Bitcoin
|
0,0002 BTC
12,71 $
|
2.1% |
0,89 BTC
59 849 $
|
0 BTC
0,00 Kč
|
0 | 0.2% | ||||
134 |
Ordinal Camels
Bitcoin
|
0,010 BTC
668,61 $
|
0.0% |
1,25 BTC
83 577 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
135 |
Ordinal Punks
Bitcoin
|
1,85 BTC
123 804 $
|
0.0% |
185,00 BTC
12 380 382 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
136 |
BTC Machines
Bitcoin
|
0,14 BTC
9 155,47 $
|
0.0% |
106,45 BTC
7 113 798 $
|
0 BTC
0,00 Kč
|
0 | 0.2% | ||||
137 |
Shadows
Bitcoin
|
0,025 BTC
1 704,77 $
|
0.0% |
16,98 BTC
1 135 379 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
138 |
Ordinal Unis
Bitcoin
|
0,002 BTC
133,83 $
|
0.0% |
0,22 BTC
14 855,57 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
139 |
Shitcoiners
Bitcoin
|
0,0001 BTC
7,96 $
|
0.0% |
0,61 BTC
41 018 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
140 |
Ordinal MIMI by OTO
Bitcoin
|
0,017 BTC
1 103,13 $
|
0.0% |
5,49 BTC
367 343 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
141 |
Recursive Robots
Bitcoin
|
0,0002 BTC
10,04 $
|
0.0% |
1,50 BTC
100 376 $
|
0 BTC
0,00 Kč
|
0 | 0.1% | ||||
142 |
YUKI
Bitcoin
|
0,001 BTC
93,53 $
|
0.0% |
0,35 BTC
23 383 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
143 |
Rune Mania Miner
Bitcoin
|
0,0001 BTC
4,55 $
|
0.0% |
0,26 BTC
17 275,72 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
144 |
Bitcoin Shrooms
Bitcoin
|
1,85 BTC
123 685 $
|
2.6% |
740,00 BTC
49 473 802 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
145 |
US Presidents
Bitcoin
|
1,50 BTC
100 285 $
|
0.0% |
69,00 BTC
4 613 098 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
146 |
SUPER VERIFIED JULIO
Bitcoin
|
0,0007 BTC
43,46 $
|
0.0% |
1,64 BTC
109 685 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
147 |
Exotic Sats Store by @DAnTerBTC
Bitcoin
|
0,001 BTC
66,86 $
|
0.0% |
0,50 BTC
33 428 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
148 |
𝚃𝙷𝙴 𝙸𝙽𝚂𝙸𝙳𝙴𝚁𝚂
Bitcoin
|
0,005 BTC
320,81 $
|
0.0% |
0,96 BTC
64 161 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
149 |
NakaPepes
Bitcoin
|
0,022 BTC
1 470,36 $
|
0.0% |
5,50 BTC
367 590 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
150 |
Bitcoin Whales
Bitcoin
|
0,002 BTC
100,38 $
|
6.3% |
15,00 BTC
1 003 807 $
|
0 BTC
0,00 Kč
|
0 | 0.1% | ||||
151 |
Bitcoin Mechanics
Bitcoin
|
0,002 BTC
116,58 $
|
0.0% |
0,19 BTC
12 940,60 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
152 |
Dark City Darklist Passes
Bitcoin
|
0,0001 BTC
7,89 $
|
0.0% |
0,79 BTC
53 068 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
153 |
Moon Diamonds
Bitcoin
|
0,002 BTC
166,42 $
|
0.0% |
1,53 BTC
102 514 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
154 |
Bitcoin Rugs
Bitcoin
|
0,0001 BTC
6,68 $
|
0.0% |
0,17 BTC
11 535,65 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
155 |
BitPepe
Bitcoin
|
0,0001 BTC
7,89 $
|
0.0% |
0,39 BTC
26 286 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
156 |
The Grandads
Bitcoin
|
0,0001 BTC
7,42 $
|
0.0% |
0,25 BTC
16 484,21 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
157 |
Domain Names .ord
Bitcoin
|
0,0001 BTC
6,02 $
|
0.0% |
0 BTC
0,00 Kč
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
158 |
Bitcoin eyes
Bitcoin
|
0,003 BTC
177,11 $
|
0.0% |
0,17 BTC
11 512,25 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
159 |
IMSO: Champions
Bitcoin
|
0,011 BTC
729,44 $
|
0.9% |
12,11 BTC
810 409 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
160 |
BTC Mutant Virus
Bitcoin
|
0,010 BTC
669,24 $
|
0.0% |
7,77 BTC
520 001 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
161 |
Satoria Shop
Bitcoin
|
0,0002 BTC
15,37 $
|
0.0% |
0,45 BTC
30 333 $
|
0 BTC
0,00 Kč
|
0 | 0.4% | ||||
162 |
O.P.I.U.M.
Bitcoin
|
0,28 BTC
18 716,14 $
|
1.8% |
217,56 BTC
14 542 443 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
163 |
Froggo The Magician
Bitcoin
|
0,0003 BTC
16,73 $
|
0.0% |
0,11 BTC
7 428,59 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
164 |
OnChainMonkey (OCM) Genesis
Bitcoin
|
0,056 BTC
3 713,97 $
|
0.0% |
555,00 BTC
37 139 743 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
165 |
Bitcoin Skellies
Bitcoin
|
0,001 BTC
89,57 $
|
0.0% |
0,59 BTC
39 769 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
166 |
Moon Pepe
Bitcoin
|
0,0004 BTC
26,11 $
|
0.0% |
0,074 BTC
4 960,94 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
167 |
BLOCK 9 PEPE
Bitcoin
|
0,005 BTC
334,75 $
|
0.0% |
0,25 BTC
16 737,31 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
168 |
Ordinal Maxi Biz (OMB)
Bitcoin
|
0,37 BTC
24 732 $
|
2.6% |
777,00 BTC
51 937 296 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
169 |
Seize CTRL
Bitcoin
|
0,080 BTC
5 355,94 $
|
0.0% |
32,32 BTC
2 163 799 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
170 |
BE with you
Bitcoin
|
0,001 BTC
66,97 $
|
0.0% |
0,10 BTC
6 696,83 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
171 |
BTC Slugs
Bitcoin
|
0,0010 BTC
66,28 $
|
16.1% |
3,30 BTC
220 920 $
|
0 BTC
0,00 Kč
|
0 | 0.1% | ||||
172 |
Cypherglyphs
Bitcoin
|
0,027 BTC
1 791,44 $
|
9.5% |
6,86 BTC
458 610 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
173 |
ACSM by Nullish
Bitcoin
|
0,008 BTC
519,39 $
|
0.0% |
0,008 BTC
519,39 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
174 |
Bitcoin Buds
Bitcoin
|
0,004 BTC
264,04 $
|
0.3% |
1,82 BTC
121 985 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
175 |
Nocturnal Maxis
Bitcoin
|
0,008 BTC
514,71 $
|
0.0% |
1,71 BTC
114 265 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
176 |
Runevo
Bitcoin
|
0,002 BTC
103,54 $
|
0.7% |
9,33 BTC
623 845 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
177 |
Bitcoin Rocks
Bitcoin
|
4,20 BTC
280 749 $
|
0.0% |
420,00 BTC
28 074 877 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
178 |
pokebitmap
Bitcoin
|
0,0003 BTC
20,02 $
|
0.0% |
0,30 BTC
20 219 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
179 |
The Rune Guardians
Bitcoin
|
0,0002 BTC
13,37 $
|
0.0% |
2,00 BTC
133 718 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
180 |
Deus Ex Machina by CyberSea X VIVID
Bitcoin
|
0,017 BTC
1 104,20 $
|
0.0% |
6,60 BTC
441 680 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
181 |
WAAA
Bitcoin
|
0,0000 BTC
1,67 $
|
0.0% |
0,028 BTC
1 857,01 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
182 |
OrdiMouse
Bitcoin
|
0,0000 BTC
2,00 $
|
0.0% |
0,30 BTC
20 017 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
183 |
Misprints
Bitcoin
|
0,005 BTC
354,35 $
|
7.0% |
17,78 BTC
1 188 855 $
|
0 BTC
0,00 Kč
|
0 | 0.1% | ||||
184 |
BitMON
Bitcoin
|
0,065 BTC
4 345,84 $
|
0.0% |
9,75 BTC
651 876 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
185 |
Unisat OG Pass Collection
Bitcoin
|
0,20 BTC
13 371,82 $
|
22.7% |
27,60 BTC
1 845 312 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
186 |
Ordinals Artwork By Seto
Bitcoin
|
0,001 BTC
66,86 $
|
0.0% |
0,10 BTC
6 886,49 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
187 |
BTC OPERATORS
Bitcoin
|
0,006 BTC
401,38 $
|
7.7% |
4,66 BTC
311 875 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
188 |
Bitcoin Crypto DickButts
Bitcoin
|
0,0004 BTC
26,11 $
|
0.0% |
2,03 BTC
135 764 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
189 |
Bitman
Bitcoin
|
0,0000 BTC
1,94 $
|
0.0% |
6,09 BTC
407 417 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
190 |
Ordz Heroes
Bitcoin
|
0,004 BTC
294,35 $
|
2.2% |
14,67 BTC
981 075 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
191 |
Block 9 Miner
Bitcoin
|
0,007 BTC
458,25 $
|
0.0% |
0,68 BTC
45 367 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
192 |
Limited blocks
Bitcoin
|
0,002 BTC
147,18 $
|
0.0% |
0,11 BTC
7 358,80 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
193 |
W00ts
Bitcoin
|
0,0007 BTC
46,87 $
|
0.0% |
0,23 BTC
15 608,13 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
194 |
The Odyssey
Bitcoin
|
0,003 BTC
183,97 $
|
0.0% |
2,75 BTC
183 786 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
195 |
Cheekz Coins
Bitcoin
|
0,0003 BTC
20,09 $
|
0.0% |
0,030 BTC
2 008,51 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
196 |
The Final Pattern by Nullish
Bitcoin
|
0,003 BTC
187,45 $
|
6.7% |
5,67 BTC
379 581 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
197 |
Uncommon Patterns by Nullish
Bitcoin
|
0,49 BTC
32 806 $
|
0.0% |
24,50 BTC
1 640 325 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
198 |
Pizza Artifacts
Bitcoin
|
0,040 BTC
2 677,54 $
|
20.0% |
8,88 BTC
594 415 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
199 |
Doge Capital Ordinals
Bitcoin
|
0,030 BTC
2 008,16 $
|
0.0% |
2,07 BTC
138 563 $
|
0 BTC
0,00 Kč
|
0 | 0.0% | ||||
200 |
Wall St Bulls Ordinals
Bitcoin
|
0,005 BTC
314,61 $
|
0.0% |
1,97 BTC
132 137 $
|
0 BTC
0,00 Kč
|
0 | 1.6% |
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.