Nejvyšší ceny sbírek NFT podle tržní kapitalizace
| # | NFT | Minimální cena | 24 h. | 7 d. | 30 d. | Posledních 7 dní | Tržní kapitalizace | Objem (24 h.) | Prodej za 24 hodin | |||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - |
|
DeadFellaz
|
0,062 ETH
145,65 $
|
0.0% | 4.7% | 27.7% |
|
1 456 495 $
616,00 ETH
|
0,057 ETH
135,72 $
|
1 | ||
| - |
|
2048 by Harto
|
0,0005 BTC
35,56 $
|
0.0% | 0.2% | 36.6% |
|
0,00 Kč
0 BTC
|
0,002 BTC
135,33 $
|
3 | ||
| - |
|
Ted Trading Club
|
1,86 SOL
159,81 $
|
0.7% | 10.6% | 37.6% |
|
239 720 $
2 793 SOL
|
1,53 SOL
131,32 $
|
1 | ||
| - |
|
WPNZ
|
0,001 BTC
74,40 $
|
0.0% | 16.7% | 16.7% |
|
0,00 Kč
0 BTC
|
0,002 BTC
130,20 $
|
1 | ||
| - |
|
lobsterdao
|
0,070 ETH
165,51 $
|
0.0% | 0.0% | 10.8% |
|
586 901 $
248,22 ETH
|
0,055 ETH
130,04 $
|
1 | ||
| - |
|
NinjaPets (NinjaFT)
|
0,10 BNB
64,30 $
|
0.0% | 0.0% | 0.0% |
|
0,00 Kč
0 BNB
|
0,21 BNB
128,26 $
|
- | ||
| - |
|
CyberKongz VX
|
0,020 ETH
47,27 $
|
0.0% | 16.7% | 37.5% |
|
702 077 $
296,93 ETH
|
0,054 ETH
127,44 $
|
4 | ||
| - |
|
Smol Brain
|
0,016 ETH
37,77 $
|
0.0% | 0.1% | 15.9% |
|
402 082 $
170,05 ETH
|
0,054 ETH
126,68 $
|
5 | ||
| - |
|
RatBoy NFTs
|
0,060 BNB
36,90 $
|
0.0% | 0.0% | 0.0% |
|
73 792 $
120,00 BNB
|
0,20 BNB
126,02 $
|
- | ||
| - |
|
IslandDAO PERKS
|
1,66 SOL
142,45 $
|
31.1% | 66.1% | 15.7% |
|
475 086 $
5 535 SOL
|
1,45 SOL
124,47 $
|
1 | ||
| - |
|
Persona
|
0,065 ETH
153,62 $
|
3.0% | 124.0% | 16.9% |
|
1 363 355 $
576,61 ETH
|
0,052 ETH
121,77 $
|
1 | ||
| - |
|
merge
|
0,030 ETH
70,81 $
|
0.1% | 22.4% | 45.5% |
|
1 463 245 $
618,85 ETH
|
0,051 ETH
119,43 $
|
2 | ||
| - |
|
NOMOS
|
0,0008 BTC
58,77 $
|
97.5% | 1.0% | 148.6% |
|
0,00 Kč
0 BTC
|
0,002 BTC
119,04 $
|
4 | ||
| - |
|
RTFKT BONUS ITEMS
|
1,50 ETH
3 546,66 $
|
40.0% | 7592.3% | 7475.8% |
|
2 287 596 $
967,50 ETH
|
0,050 ETH
118,69 $
|
2 | ||
| - |
|
Rune Pups
|
0,0005 BTC
38,69 $
|
0.0% | 10.6% | 10.6% |
|
416 972 $
5,60 BTC
|
0,002 BTC
117,55 $
|
4 | ||
| - |
|
Blinks GG
|
0,74 SOL
63,92 $
|
0.0% | 5.8% | 4.8% |
|
80 086 $
932,98 SOL
|
1,35 SOL
115,80 $
|
2 | ||
| - |
|
CryptoSkulls
|
0,054 ETH
126,92 $
|
10.6% | 12.9% | 17.7% |
|
1 269 205 $
536,79 ETH
|
0,049 ETH
114,73 $
|
1 | ||
| - |
|
Shadow Wolves
|
0,010 ETH
22,92 $
|
0.1% | 24.6% | 31.7% |
|
143 270 $
60,59 ETH
|
0,048 ETH
114,60 $
|
5 | ||
| - |
|
PepeNals
|
0,0003 BTC
23,81 $
|
0.0% | 100.0% | 73.0% |
|
164 272 $
2,21 BTC
|
0,002 BTC
114,57 $
|
8 | ||
| - |
|
Lions of Liquania
|
0,94 SOL
80,77 $
|
24.8% | 20.3% | 44.2% |
|
106 051 $
1 235 SOL
|
1,32 SOL
113,57 $
|
2 | ||
| - |
|
Tomorrowland: The Symbol of Love and Unity
|
1,31 SOL
112,07 $
|
0.0% | 2.4% | 6.6% |
|
728 121 $
8 482 SOL
|
1,30 SOL
111,59 $
|
1 | ||
| - |
|
Lil Peepos
|
0,005 BTC
371,99 $
|
0.0% | 66.7% | 0.0% |
|
156 237 $
2,10 BTC
|
0,002 BTC
115,32 $
|
1 | ||
| - |
|
Robotos
|
0,009 ETH
21,75 $
|
38.1% | 77.6% | 56.0% |
|
217 483 $
91,98 ETH
|
0,046 ETH
109,60 $
|
6 | ||
| - |
|
Hashmasks
|
0,050 ETH
118,43 $
|
0.0% | 11.9% | 26.6% |
|
1 939 015 $
820,07 ETH
|
0,046 ETH
108,29 $
|
1 | ||
| - |
|
Elixir: Ovols
|
0,30 SOL
25,84 $
|
12.8% | 12.6% | 0.4% |
|
258 439 $
3 011 SOL
|
1,26 SOL
108,07 $
|
3 | ||
| - |
|
Ovols
|
0,30 SOL
25,84 $
|
12.8% | 12.6% | 0.4% |
|
258 439 $
3 011 SOL
|
1,26 SOL
108,07 $
|
3 | ||
| - |
|
Galaxy Eggs
|
0,030 ETH
70,93 $
|
20.1% | 20.0% | 50.0% |
|
709 190 $
299,94 ETH
|
0,046 ETH
107,58 $
|
3 | ||
| - |
|
LP Doll
|
0,93 SOL
79,51 $
|
0.5% | 48.5% | 80.7% |
|
353 351 $
4 116 SOL
|
1,21 SOL
104,21 $
|
1 | ||
| - |
|
Psychedelics Anonymous Genesis
|
0,023 ETH
55,33 $
|
2.5% | 23.5% | 23.1% |
|
530 896 $
224,53 ETH
|
0,044 ETH
104,03 $
|
2 | ||
| - |
|
Cool Pets
|
0,011 ETH
25,98 $
|
2.8% | 10.8% | 10.1% |
|
503 560 $
212,97 ETH
|
0,044 ETH
103,99 $
|
4 | ||
| - |
|
Fragments By James Jean
|
0,012 ETH
28,35 $
|
0.1% | 0.0% | 0.1% |
|
198 431 $
83,92 ETH
|
0,044 ETH
103,96 $
|
4 | ||
| - |
|
STONES
|
0,0001 BTC
9,67 $
|
0.0% | 56.7% | 0.0% |
|
0,00 Kč
0 BTC
|
0,001 BTC
103,41 $
|
7 | ||
| - |
|
Porcus Guard
|
0,29 SOL
24,99 $
|
30.0% | 0.0% | 0.0% |
|
35 966 $
419,00 SOL
|
1,20 SOL
103,01 $
|
6 | ||
| - |
|
Saga Monkes
|
1,09 SOL
93,48 $
|
11.2% | 3.1% | 13.6% |
|
934 778 $
10 890 SOL
|
1,18 SOL
101,29 $
|
1 | ||
| - |
|
Mutants On Sol Crew
|
0,20 SOL
16,87 $
|
0.5% | 60.6% | 18.9% |
|
59 047 $
687,88 SOL
|
1,16 SOL
99,48 $
|
5 | ||
| - |
|
Non Fungible Tokens
|
0,40 SOL
34,32 $
|
14.7% | 26.5% | 15.0% |
|
114 399 $
1 333 SOL
|
1,15 SOL
98,83 $
|
3 | ||
| - |
|
THE SHIBOSHIS
|
0,035 ETH
82,52 $
|
0.0% | 25.4% | 28.1% |
|
825 107 $
348,97 ETH
|
0,042 ETH
98,12 $
|
1 | ||
| - |
|
BoDoggos
|
1,21 SOL
104,12 $
|
1.3% | 0.9% | 8.6% |
|
905 559 $
10 550 SOL
|
1,12 SOL
96,48 $
|
1 | ||
| - |
|
Boryoku Dragonz
|
1,19 SOL
101,95 $
|
9.7% | 1.6% | 0.9% |
|
113 165 $
1 318 SOL
|
1,12 SOL
96,05 $
|
1 | ||
| - |
|
First First NFTs
|
0,026 ETH
61,87 $
|
44.2% | 25.7% | 20.1% |
|
309 080 $
130,72 ETH
|
0,040 ETH
95,05 $
|
2 | ||
| - |
|
NPC on Solana
|
0,16 SOL
13,61 $
|
0.0% | 3.7% | 39.2% |
|
94 848 $
1 105 SOL
|
1,09 SOL
93,56 $
|
3 | ||
| - |
|
NPC on Solana
|
0,16 SOL
13,61 $
|
0.0% | 3.7% | 39.2% |
|
94 875 $
1 105 SOL
|
1,09 SOL
93,56 $
|
3 | ||
| - |
|
bitmap
|
Koupit
|
0,0000 BTC
3,48 $
|
0.0% | 4.0% | 36.7% |
|
2 763 548 $
37,15 BTC
|
0,001 BTC
92,61 $
|
26 | |
| - |
|
The Catalina Whale Mixer
|
0,42 SOL
36,42 $
|
1.2% | 2.9% | 5.0% |
|
202 475 $
2 359 SOL
|
1,08 SOL
92,36 $
|
2 | ||
| - |
|
THE WHALES
|
0,42 SOL
36,42 $
|
1.2% | 2.9% | 5.0% |
|
202 329 $
2 357 SOL
|
1,08 SOL
92,36 $
|
2 | ||
| - |
|
DMST
|
0,083 SOL
7,09 $
|
6.0% | 18.3% | 18.6% |
|
24 827 $
289,23 SOL
|
1,07 SOL
92,09 $
|
2 | ||
| - |
|
RTFKT Project Animus
|
0,024 ETH
57,41 $
|
9.6% | 25.0% | 11.3% |
|
701 935 $
296,87 ETH
|
0,038 ETH
90,56 $
|
2 | ||
| - |
|
Enigma by CyberSea x Vivid Gallery x OnChainMonkey®
|
0,003 BTC
238,82 $
|
0.0% | 16.6% | 114.0% |
|
0,00 Kč
0 BTC
|
0,001 BTC
90,02 $
|
1 | ||
| - |
|
The Odyssey
|
0,001 BTC
74,40 $
|
0.0% | 0.0% | 0.0% |
|
74 324 $
1,00 BTC
|
0,001 BTC
89,28 $
|
3 | ||
| - |
|
GAMER Leets
|
1,00 BNB
614,94 $
|
0.0% | 33.3% | 961.4% |
|
6 149 360 $
10 000 BNB
|
0,14 BNB
86,12 $
|
1 | ||
| - |
|
Sol Slugs
|
1,05 SOL
89,83 $
|
0.0% | 8.7% | 26.7% |
|
410 080 $
4 777 SOL
|
1,00 SOL
86,07 $
|
1 | ||
| - |
|
Critters Cult
|
0,48 SOL
41,58 $
|
23.3% | 144.7% | 63.7% |
|
230 928 $
2 690 SOL
|
1,00 SOL
85,84 $
|
1 | ||
| - |
|
Poncho Drifella
|
1,95 SOL
167,16 $
|
5.2% | 30.0% | 11.0% |
|
30 758 $
358,32 SOL
|
1,00 SOL
85,84 $
|
1 | ||
| - |
|
Blockasset Legends
|
0,38 SOL
32,75 $
|
0.0% | 16.7% | 19.7% |
|
312 933 $
3 646 SOL
|
1,00 SOL
85,84 $
|
1 | ||
| - |
|
BasePaint
|
0,0009 ETH
2,21 $
|
0.1% | 12.5% | 11.9% |
|
622 525 $
263,29 ETH
|
0,036 ETH
83,95 $
|
14 | ||
| - |
|
notBanksyEchoes
|
0,034 ETH
80,82 $
|
9.8% | 9.8% | 8.2% |
|
159 451 $
67,44 ETH
|
0,035 ETH
83,70 $
|
2 | ||
| - |
|
The Sevens
|
0,004 ETH
10,26 $
|
0.0% | 16.7% | 25.8% |
|
71 848 $
30,39 ETH
|
0,035 ETH
83,24 $
|
3 | ||
| - |
|
G*BOY Badges
|
0,50 SOL
42,92 $
|
0.0% | 20.8% | 47.7% |
|
64 380 $
750,02 SOL
|
0,92 SOL
79,37 $
|
2 | ||
| - |
|
The GODA Mint Pass
|
0,089 ETH
209,96 $
|
409.8% | 344.2% | 206.3% |
|
209 960 $
88,80 ETH
|
0,033 ETH
78,92 $
|
2 | ||
| - |
|
Lil Nouns
|
0,019 ETH
45,40 $
|
1.1% | 0.0% | 1.1% |
|
348 333 $
147,32 ETH
|
0,033 ETH
78,50 $
|
2 | ||
| - |
|
CakeMonsterLottery
|
0,15 BNB
92,24 $
|
0.0% | 0.0% | 0.0% |
|
226 173 $
367,80 BNB
|
0,13 BNB
77,22 $
|
- | ||
| - |
|
Heroes of Elumia
|
0,60 SOL
51,66 $
|
0.0% | 0.0% | 20.4% |
|
79 346 $
924,36 SOL
|
0,90 SOL
77,25 $
|
1 | ||
| - |
|
ENCHANTED MINERS
|
0,086 SOL
7,38 $
|
11.7% | 18.9% | 10.1% |
|
38 332 $
446,56 SOL
|
0,89 SOL
76,38 $
|
8 | ||
| - |
|
alien frens
|
0,016 ETH
37,81 $
|
0.0% | 11.2% | 35.8% |
|
378 036 $
159,88 ETH
|
0,031 ETH
74,48 $
|
2 | ||
| - |
|
Loud Lords
|
0,12 SOL
10,39 $
|
49.9% | 12.0% | 34.9% |
|
10 479,90 $
122,09 SOL
|
0,87 SOL
74,57 $
|
10 | ||
| - |
|
RSIC METAPROTOCOL
|
0,0007 BTC
55,45 $
|
0.0% | 14.2% | 16.2% |
|
1 164 358 $
15,65 BTC
|
0,001 BTC
74,40 $
|
1 | ||
| - |
|
BEST BEFORE by Lemonhaze x ORDINALLY
|
0,0005 BTC
35,58 $
|
0.0% | 40.0% | 40.0% |
|
0,00 Kč
0 BTC
|
0,001 BTC
74,40 $
|
1 | ||
| - |
|
OCM Katoshi Classic by OnChainMonkey®
|
0,0007 BTC
55,05 $
|
0.0% | 1.3% | 2.6% |
|
0,00 Kč
0 BTC
|
0,001 BTC
74,40 $
|
1 | ||
| - |
|
Bricktopians by Law Degree
|
0,038 ETH
89,83 $
|
0.0% | 9.8% | 20.7% |
|
747 704 $
316,23 ETH
|
0,031 ETH
73,53 $
|
1 | ||
| - |
|
Based Ape Gang
|
0,019 ETH
44,85 $
|
2.4% | 2.5% | 49.8% |
|
99 648 $
42,14 ETH
|
0,031 ETH
72,59 $
|
2 | ||
| - |
|
XElementia
|
0,31 SOL
26,44 $
|
1.0% | 0.2% | 10.3% |
|
264 449 $
3 081 SOL
|
0,84 SOL
72,26 $
|
3 | ||
| - |
|
FTW
|
0,0009 BTC
66,96 $
|
0.0% | 32.4% | 109.3% |
|
140 614 $
1,89 BTC
|
0,0010 BTC
71,42 $
|
1 | ||
| - |
|
Parallel Aftermath
|
0,0000 ETH
0,02364441 $
|
33.3% | 50.0% | 71.4% |
|
47 255 $
19,99 ETH
|
0,030 ETH
70,68 $
|
23 | ||
| - |
|
Elements
|
0,075 SOL
6,43 $
|
12.5% | 50.0% | 50.0% |
|
64 274 $
748,78 SOL
|
0,81 SOL
69,87 $
|
11 | ||
| - |
|
Mindblowon Universe
|
0,006 ETH
13,95 $
|
6.4% | 11.9% | 7.3% |
|
97 202 $
41,11 ETH
|
0,029 ETH
68,90 $
|
5 | ||
| - |
|
Labubu NFT
|
1,11 SOL
94,85 $
|
21.2% | 50.0% | 50.0% |
|
9 485,12 $
110,50 SOL
|
0,80 SOL
68,67 $
|
1 | ||
| - |
|
The Rune Guardians - Miners
|
0,0001 BTC
5,21 $
|
75.0% | 250.0% | 180.0% |
|
52 079 $
0,70 BTC
|
0,0009 BTC
68,30 $
|
16 | ||
| - |
|
Ordinal SigmaX
|
0,0001 BTC
8,18 $
|
11.3% | 11.3% | 11.4% |
|
8,18 $
0,0001 BTC
|
0,0009 BTC
67,55 $
|
5 | ||
| - |
|
Imaginary Rides
|
0,003 ETH
8,26 $
|
0.2% | 22.2% | 43.7% |
|
114 701 $
48,51 ETH
|
0,028 ETH
65,96 $
|
8 | ||
| - |
|
Voxels (formerly Cryptovoxels)
|
0,052 ETH
122,95 $
|
49.7% | 4.9% | 173.8% |
|
980 988 $
414,89 ETH
|
0,027 ETH
64,20 $
|
1 | ||
| - |
|
MEGAMI
|
0,015 ETH
35,46 $
|
0.7% | 20.0% | 22.7% |
|
346 617 $
146,60 ETH
|
0,027 ETH
63,36 $
|
2 | ||
| - |
|
Ape Odyssey
|
0,0001 BTC
4,46 $
|
20.0% | 50.0% | 50.0% |
|
22 320 $
0,30 BTC
|
0,0008 BTC
63,09 $
|
17 | ||
| - |
|
tiny dinos (eth)
|
0,009 ETH
20,80 $
|
0.0% | 1.1% | 2.2% |
|
174 531 $
73,81 ETH
|
0,027 ETH
62,88 $
|
3 | ||
| - |
|
WonderPals
|
0,007 ETH
15,83 $
|
0.8% | 0.8% | 17.1% |
|
158 297 $
66,95 ETH
|
0,027 ETH
62,89 $
|
3 | ||
| - |
|
DUSTER GANG
|
0,54 SOL
46,74 $
|
0.0% | 0.0% | 0.0% |
|
103 854 $
1 210 SOL
|
0,72 SOL
61,80 $
|
1 | ||
| - |
|
888 inner circle
|
0,021 ETH
50,36 $
|
0.0% | 50.6% | 0.1% |
|
447 623 $
189,31 ETH
|
0,026 ETH
61,48 $
|
2 | ||
| - |
|
The Pandarianz
|
0,78 SOL
67,30 $
|
0.0% | 13.6% | 13.6% |
|
74 565 $
868,67 SOL
|
0,70 SOL
60,09 $
|
1 | ||
| - |
|
PFP GEN2
|
0,44 SOL
38,08 $
|
0.0% | 22.7% | 9.3% |
|
380 402 $
4 432 SOL
|
0,70 SOL
60,09 $
|
1 | ||
| - |
|
Golfn Season 1 Cards
|
0,86 SOL
73,55 $
|
0.0% | 20.0% | 27.3% |
|
550 346 $
6 411 SOL
|
0,70 SOL
60,09 $
|
1 | ||
| - |
|
0N1 FORCE: THE F4LL3N
|
0,0008 BTC
59,24 $
|
0.0% | 27.6% | 42.7% |
|
197 449 $
2,65 BTC
|
0,0008 BTC
59,22 $
|
1 | ||
| - |
|
Warriors of Aradena
|
0,016 ETH
38,05 $
|
0.5% | 17.8% | 44.9% |
|
304 389 $
128,74 ETH
|
0,025 ETH
59,11 $
|
1 | ||
| - |
|
Sunflower Land
|
0,0002 ETH
0,459401 $
|
0.1% | 33.8% | 50.3% |
|
120 476 $
50,95 ETH
|
0,025 ETH
58,52 $
|
9 | ||
| - |
|
The Anata NFT
|
0,030 ETH
70,41 $
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0.7% | 0.7% | 0.7% |
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140 399 $
59,38 ETH
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0,025 ETH
58,40 $
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Drifters: Masterwork
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0,25 SOL
21,12 $
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4.2% | 1.5% | 10.6% |
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170 297 $
1 984 SOL
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0,67 SOL
57,17 $
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Pixels Pets
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185,00 RON
16,37 $
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1.1% | 19.4% | 31.2% |
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73 220 $
827 320 RON
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640,96 RON
56,73 $
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<Player2>
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0,27 SOL
23,18 $
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0.6% | 12.5% | 11.4% |
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180 991 $
2 109 SOL
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0,65 SOL
56,14 $
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Adderrels
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0,0010 BTC
73,65 $
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0.0% | 2.1% | 29.8% |
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0,00 Kč
0 BTC
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0,0008 BTC
55,80 $
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Liberty Square: The Sinister Squirrel Syndicate
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0,049 SOL
4,20 $
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0.0% | 27.4% | 31.3% |
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41 353 $
481,76 SOL
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0,65 SOL
55,79 $
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Omerta, the Grand Mafia
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0,21 SOL
17,73 $
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0.0% | 1.6% | 1.6% |
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28 114 $
327,52 SOL
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0,65 SOL
55,75 $
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Insurgence by Debauchery
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0,0001 BTC
9,67 $
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0.0% | 0.0% | 13.3% |
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0,00 Kč
0 BTC
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0,0007 BTC
53,57 $
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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
What is NFT Market Cap?
NFT market cap is the total value of all NFTs in a collection in circulation, calculated by multiplying the total supply of NFTs in a collection by the current floor price. It serves as a valuation indicator to compare NFT assets with each other and with other cryptocurrencies. The rank that we assign to a collection reflects its position across all NFT collections in all the chains that we are tracking, hence you can consider it as a global market cap ranking.
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.
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