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 | |||
---|---|---|---|---|---|---|---|---|---|---|---|
301 |
DAMAGE CONTROL
Ethereum
|
0,60 ETH
1 928,80 $
|
2.9% |
0 ETH
0,00 Kč
|
0,65 ETH
2 100,96 $
|
1 | 0.0% | ||||
302 |
Mint Pass Tokyo | Bright Moments | MPTK
Ethereum
|
1,15 ETH
3 700,56 $
|
0.0% |
1 265 ETH
4 070 621 $
|
0,65 ETH
2 091,62 $
|
- | 96.1% | ||||
303 |
ZenAcademy
Ethereum
|
0,070 ETH
224,12 $
|
0.0% |
0,14 ETH
448,23 $
|
0,65 ETH
2 090,03 $
|
1 | 0.0% | ||||
304 |
Saga Monkes
Solana
|
2,44 SOL
382,02 $
|
7.5% |
21 713 SOL
3 395 405 $
|
13,28 SOL
2 076,22 $
|
6 | 0.2% | ||||
305 |
Worried Meerkats
Ethereum
|
0,33 ETH
1 059,36 $
|
4.8% |
366,30 ETH
1 175 885 $
|
0,64 ETH
2 038,46 $
|
2 | 0.0% | ||||
306 |
Bonkz
Solana
|
0,47 SOL
73,60 $
|
1.0% |
4 847 SOL
758 637 $
|
12,90 SOL
2 019,13 $
|
26 | 0.2% | ||||
307 |
Shrapnel Operators Collection
Ethereum
|
0,074 ETH
236,14 $
|
0.3% |
735,50 ETH
2 361 413 $
|
0,63 ETH
2 015,30 $
|
9 | 0.0% | ||||
308 |
The Buns - Hefty Hares
Ethereum
|
0,030 ETH
96,16 $
|
12.1% |
132,82 ETH
427 319 $
|
0,62 ETH
1 986,32 $
|
19 | 0.3% | ||||
309 |
Finiliar
Ethereum
|
0,035 ETH
113,65 $
|
7.3% |
353,98 ETH
1 136 496 $
|
0,62 ETH
1 979,99 $
|
8 | 0.2% | ||||
310 |
Lost Poets
Ethereum
|
0,029 ETH
93,24 $
|
33.6% |
816,06 ETH
2 623 783 $
|
0,60 ETH
1 921,87 $
|
9 | 0.0% | ||||
311 |
Onlybots
Ethereum
|
0,088 ETH
283,14 $
|
1.1% |
180,22 ETH
579 866 $
|
0,59 ETH
1 910,87 $
|
8 | 1.0% | ||||
312 |
Webaverse Genesis Pass
Ethereum
|
0,047 ETH
149,55 $
|
5.9% |
908,01 ETH
2 920 253 $
|
0,58 ETH
1 865,35 $
|
15 | 0.1% | ||||
313 |
Checks
Ethereum
|
0,20 ETH
633,24 $
|
0.0% |
1 123 ETH
3 611 987 $
|
0,58 ETH
1 862,01 $
|
3 | 0.1% | ||||
314 |
Wolf Game - Farmer
Ethereum
|
0,031 ETH
99,49 $
|
21.5% |
363,88 ETH
1 167 812 $
|
0,57 ETH
1 829,33 $
|
12 | 0.0% | ||||
315 |
Nina's Super Cool World
Ethereum
|
0,079 ETH
253,38 $
|
12.2% |
400,68 ETH
1 286 929 $
|
0,56 ETH
1 811,18 $
|
8 | 0.0% | ||||
316 |
Wild Forest Skins
Ronin
|
11,00 RON
37,24 $
|
34.1% |
64 460 RON
218 233 $
|
532,72 RON
1 803,55 $
|
0 | 0.1% | ||||
317 |
Taiyo Infants
Solana
|
3,55 SOL
555,24 $
|
6.6% |
4 864 SOL
760 676 $
|
11,22 SOL
1 754,55 $
|
3 | 0.2% | ||||
318 |
Hape Prime
Ethereum
|
0,29 ETH
928,70 $
|
3.1% |
2 366 ETH
7 607 941 $
|
0,54 ETH
1 736,51 $
|
2 | 0.1% | ||||
319 |
Bitcoin Whales
Bitcoin
|
0,002 BTC
110,74 $
|
12.8% |
16,70 BTC
1 107 448 $
|
0,026 BTC
1 726,16 $
|
17 | 0.2% | ||||
320 |
Titanium Cheeto (BRC-420)
Bitcoin
|
0,0009 BTC
59,76 $
|
52.5% |
0,90 BTC
59 824 $
|
0,026 BTC
1 710,39 $
|
31 | 0.3% | ||||
321 |
Voxies
Ethereum
|
0,096 ETH
307,56 $
|
4.0% |
960,00 ETH
3 075 574 $
|
0,53 ETH
1 692,21 $
|
2 | 0.3% | ||||
322 |
Synclub's SnBNB Early Adopters
BNB Smart Chain
|
1,00 BNB
607,73 $
|
0.0% |
25 364 BNB
15 414 525 $
|
2,75 BNB
1 670,57 $
|
38 | 0.1% | ||||
323 |
Lil Z's Adventure
Ethereum
|
0,033 ETH
105,78 $
|
0.0% |
256,36 ETH
824 234 $
|
0,51 ETH
1 655,34 $
|
16 | 0.4% | ||||
324 |
Babu Pengus
Stargaze
|
10 900 STARS
254,13 $
|
19.9% |
7 488 300 STARS
174 588 $
|
70 610 STARS
1 646,25 $
|
7 | 0.7% | ||||
325 |
Rare Sats
Bitcoin
|
0,0000 BTC
0,00066376 $
|
0.0% |
0 BTC
0,00 Kč
|
0,025 BTC
1 638,28 $
|
24 | 0.5% | ||||
326 |
Interleave Genesis
Ethereum
|
0,040 ETH
128,18 $
|
233.3% |
341,84 ETH
1 095 404 $
|
0,51 ETH
1 632,02 $
|
31 | 0.4% | ||||
327 |
Goosinals
Bitcoin
|
0,008 BTC
518,01 $
|
2.4% |
78,00 BTC
5 180 105 $
|
0,024 BTC
1 626,42 $
|
3 | 0.0% | ||||
328 |
Grailers
Ethereum
|
0,49 ETH
1 575,72 $
|
0.5% |
343,98 ETH
1 106 156 $
|
0,50 ETH
1 607,88 $
|
1 | 0.0% | ||||
329 |
Live Like A Cat
Ethereum
|
0,27 ETH
866,89 $
|
29.6% |
6 000 ETH
19 263 931 $
|
0,50 ETH
1 605,35 $
|
1 | 0.1% | ||||
330 |
Admit One
Ethereum
|
0,50 ETH
1 602,49 $
|
0.2% |
499,40 ETH
1 602 494 $
|
0,50 ETH
1 603,13 $
|
1 | 0.1% | ||||
331 |
Space Riders NFT
Ethereum
|
0,055 ETH
175,20 $
|
0.0% |
485,20 ETH
1 557 164 $
|
0,50 ETH
1 599,54 $
|
9 | 0.0% | ||||
332 |
Ash Chapter Two: Metamorphosis
Ethereum
|
0,070 ETH
224,31 $
|
40.0% |
383,32 ETH
1 228 324 $
|
0,49 ETH
1 573,37 $
|
6 | 0.1% | ||||
333 |
My Curio Cards
Ethereum
|
0,089 ETH
286,39 $
|
1.1% |
2,76 ETH
8 878,14 $
|
0,49 ETH
1 570,33 $
|
2 | 0.0% | ||||
334 |
Mutant Hounds
Ethereum
|
0,092 ETH
295,53 $
|
7.0% |
684,10 ETH
2 199 936 $
|
0,49 ETH
1 561,58 $
|
5 | 0.1% | ||||
335 |
Solsteads Surreal Estate
Solana
|
1,14 SOL
179,11 $
|
2.3% |
2 829 SOL
442 769 $
|
9,90 SOL
1 549,57 $
|
7 | 0.0% | ||||
336 |
Wonders of the First
Ethereum
|
0,090 ETH
289,39 $
|
0.0% |
899,99 ETH
2 893 889 $
|
0,48 ETH
1 543,42 $
|
4 | 0.0% | ||||
337 |
BrainDrops
Ethereum
|
0,037 ETH
118,80 $
|
85.0% |
618,34 ETH
1 985 411 $
|
0,48 ETH
1 537,84 $
|
5 | 0.2% | ||||
338 |
TrekkiNFT
Ethereum
|
0,030 ETH
96,14 $
|
25.1% |
299,00 ETH
961 415 $
|
0,47 ETH
1 505,02 $
|
17 | 0.2% | ||||
339 |
Common Wealth Genesis NFT Series 2
Ethereum
|
0,24 ETH
786,28 $
|
1.2% |
0 ETH
0,00 Kč
|
0,46 ETH
1 483,15 $
|
2 | 1.0% | ||||
340 |
Oh Ottie!
Ethereum
|
0,19 ETH
611,26 $
|
4.0% |
380,00 ETH
1 222 523 $
|
0,46 ETH
1 479,90 $
|
3 | 0.0% | ||||
341 |
Impostors Genesis Aliens
Ethereum
|
0,20 ETH
633,19 $
|
0.4% |
2 052 ETH
6 597 837 $
|
0,46 ETH
1 479,26 $
|
2 | 0.0% | ||||
342 |
Wonders of the First: Existence (Serialized Booster Boxes)
Ethereum
|
0,20 ETH
633,11 $
|
0.0% |
668,08 ETH
2 148 152 $
|
0,46 ETH
1 479,09 $
|
4 | 0.0% | ||||
343 |
Fomo Apes
Ethereum
|
0,75 ETH
2 403,91 $
|
0.0% |
0 ETH
0,00 Kč
|
0,46 ETH
1 474,40 $
|
1 | 0.6% | ||||
344 |
Rosentica: Starfall Travelers
Ethereum
|
0,070 ETH
224,76 $
|
0.0% |
419,40 ETH
1 348 554 $
|
0,45 ETH
1 459,80 $
|
5 | 0.4% | ||||
345 |
inbetweeners
Ethereum
|
0,050 ETH
160,18 $
|
11.4% |
537,64 ETH
1 725 916 $
|
0,45 ETH
1 446,88 $
|
9 | 0.1% | ||||
346 |
Zerion DNA 1.0
Ethereum
|
0,0008 ETH
2,72 $
|
748.0% |
268,33 ETH
861 507 $
|
0,45 ETH
1 444,78 $
|
1 | 1.0% | ||||
347 |
CC0
Bitcoin
|
0,003 BTC
165,78 $
|
19.4% |
25,00 BTC
1 657 964 $
|
0,022 BTC
1 431,67 $
|
8 | 0.0% | ||||
348 |
oncyber labs
Ethereum
|
0,034 ETH
109,17 $
|
11.9% |
0,17 ETH
545,84 $
|
0,44 ETH
1 429,79 $
|
11 | 0.1% | ||||
349 |
E4C Ranger Gold Edition
Ethereum
|
0,14 ETH
465,37 $
|
0.1% |
107,36 ETH
345 302 $
|
0,43 ETH
1 396,47 $
|
3 | 0.4% | ||||
350 |
Zinu's Zombie Mob Secret Society
Ethereum
|
0,065 ETH
210,00 $
|
9.0% |
652,95 ETH
2 100 008 $
|
0,43 ETH
1 375,23 $
|
6 | 0.1% | ||||
351 |
Game of Blocks
Bitcoin
|
0,0004 BTC
23,24 $
|
12.5% |
31,11 BTC
2 065 811 $
|
0,021 BTC
1 375,18 $
|
6 | 0.0% | ||||
352 |
Moonbears
Ethereum
|
0,11 ETH
348,37 $
|
9.6% |
410,23 ETH
1 317 203 $
|
0,43 ETH
1 373,92 $
|
4 | 0.2% | ||||
353 |
Nexus Gaming Membership
Ethereum
|
0,47 ETH
1 502,68 $
|
11.4% |
982,80 ETH
3 155 625 $
|
0,42 ETH
1 348,40 $
|
1 | 0.2% | ||||
354 |
Decentraland
Ethereum
|
0,14 ETH
466,34 $
|
0.0% |
14 236 ETH
45 785 807 $
|
0,42 ETH
1 335,08 $
|
2 | 0.0% | ||||
355 |
Primates
Solana
|
0,52 SOL
81,36 $
|
29.2% |
5 198 SOL
813 401 $
|
8,52 SOL
1 332,43 $
|
14 | 0.2% | ||||
356 |
The Mounts of Seedworld
Ethereum
|
0,27 ETH
868,10 $
|
17.4% |
839,70 ETH
2 699 780 $
|
0,41 ETH
1 318,23 $
|
2 | 0.0% | ||||
357 |
Parallel Battlepass
Ethereum
|
0,004 ETH
13,51 $
|
0.0% |
0,038 ETH
121,62 $
|
0,41 ETH
1 315,25 $
|
12 | 0.1% | ||||
358 |
Jelly Rascals
Solana
|
1,59 SOL
248,82 $
|
2.6% |
10 599 SOL
1 658 625 $
|
8,39 SOL
1 313,22 $
|
5 | 0.2% | ||||
359 |
Rug Radio - Genesis NFT
Ethereum
|
0,11 ETH
369,65 $
|
3.4% |
2 298 ETH
7 392 914 $
|
0,40 ETH
1 298,54 $
|
3 | 0.0% | ||||
360 |
OTSpaceship
Ethereum
|
0,24 ETH
768,01 $
|
0.5% |
1 009 ETH
3 244 839 $
|
0,40 ETH
1 286,45 $
|
1 | 0.1% | ||||
361 |
FULL SEND METACARD NFT
Ethereum
|
0,20 ETH
632,19 $
|
1.1% |
1 969 ETH
6 321 867 $
|
0,39 ETH
1 265,01 $
|
2 | 0.1% | ||||
362 |
AccessPass
Polygon POS
|
0,15 ETH
478,47 $
|
0.1% |
1 488 ETH
4 784 712 $
|
0,39 ETH
1 254,06 $
|
1 | 0.0% | ||||
363 |
HUGO x Imaginary Ones: Embrace Your Emotions
Ethereum
|
0,44 ETH
1 422,50 $
|
16.8% |
444,44 ETH
1 423 918 $
|
0,38 ETH
1 217,45 $
|
1 | 1.5% | ||||
364 |
Karma Monkey
Ethereum
|
0,12 ETH
375,97 $
|
13.1% |
1 542 ETH
4 959 448 $
|
0,38 ETH
1 215,07 $
|
3 | 0.1% | ||||
365 |
ParallelCompanions
Ethereum
|
0,52 ETH
1 669,54 $
|
0.0% |
7,80 ETH
25 043 $
|
0,38 ETH
1 204,00 $
|
1 | 0.0% | ||||
366 |
lobsterdao
Ethereum
|
0,37 ETH
1 202,78 $
|
0.0% |
1 328 ETH
4 265 076 $
|
0,37 ETH
1 203,75 $
|
1 | 0.0% | ||||
367 |
Bridgeworld Legions
Arbitrum One
|
0,015 ETH
48,24 $
|
0.0% |
594,57 ETH
1 912 014 $
|
0,37 ETH
1 203,62 $
|
16 | 0.0% | ||||
368 |
Candy Collective: Candy Pills
Ethereum
|
0,050 ETH
160,80 $
|
22.5% |
252,59 ETH
812 375 $
|
0,37 ETH
1 188,66 $
|
8 | 0.1% | ||||
369 |
CyberKongz VX (Ronin)
Ronin
|
182,00 RON
615,88 $
|
5.2% |
1 148 238 RON
3 885 604 $
|
350,00 RON
1 184,39 $
|
0 | 0.1% | ||||
370 |
CyberBrokers
Ethereum
|
0,11 ETH
352,97 $
|
10.0% |
1 100 ETH
3 529 723 $
|
0,36 ETH
1 154,86 $
|
3 | 0.0% | ||||
371 |
CHADS
Solana
|
2,65 SOL
414,13 $
|
3.8% |
14 312 SOL
2 240 856 $
|
7,33 SOL
1 147,23 $
|
2 | 0.2% | ||||
372 |
Famous Fox Dens
Solana
|
3,51 SOL
550,05 $
|
9.7% |
10 533 SOL
1 650 138 $
|
7,29 SOL
1 142,23 $
|
2 | 0.0% | ||||
373 |
PlayGround
Ethereum
|
0,17 ETH
545,47 $
|
8.1% |
594,62 ETH
1 909 130 $
|
0,35 ETH
1 132,57 $
|
2 | 0.0% | ||||
374 |
Fragments of an Infinite Field by Monica Rizzolli
Ethereum
|
0,48 ETH
1 536,54 $
|
4.3% |
488,96 ETH
1 573 416 $
|
0,34 ETH
1 102,12 $
|
1 | 0.0% | ||||
375 |
SolRarity - Rarikeys
Solana
|
1,20 SOL
187,52 $
|
48.3% |
2 983 SOL
466 183 $
|
7,01 SOL
1 095,35 $
|
4 | 0.0% | ||||
376 |
Rumble Kong League
Ethereum
|
0,31 ETH
1 009,47 $
|
0.0% |
3 139 ETH
10 094 679 $
|
0,34 ETH
1 093,40 $
|
1 | 0.0% | ||||
377 |
Crypto Trading Cards (1880-1979)
Ethereum
|
0,33 ETH
1 072,44 $
|
23.7% |
279,56 ETH
897 631 $
|
0,34 ETH
1 091,38 $
|
1 | 0.2% | ||||
378 |
Bitcoin Bear Cubs
Bitcoin
|
0,002 BTC
132,79 $
|
2.6% |
20,00 BTC
1 327 904 $
|
0,016 BTC
1 086,89 $
|
8 | 0.0% | ||||
379 |
Taiji Labs Genesis Keys
Ethereum
|
0,15 ETH
471,06 $
|
22.3% |
58,72 ETH
188 423 $
|
0,34 ETH
1 084,59 $
|
3 | 0.0% | ||||
380 |
Tubby Cats
Ethereum
|
0,049 ETH
158,87 $
|
11.3% |
987,88 ETH
3 177 157 $
|
0,33 ETH
1 072,86 $
|
7 | 0.0% | ||||
381 |
LO-FI PEPE
Ethereum
|
0,039 ETH
124,94 $
|
18.5% |
271,78 ETH
870 698 $
|
0,33 ETH
1 072,23 $
|
10 | 0.3% | ||||
382 |
NAMI
Ethereum
|
0,050 ETH
160,59 $
|
0.0% |
4,99 ETH
16 059,12 $
|
0,33 ETH
1 065,47 $
|
3 | 0.0% | ||||
383 |
Nyan Cat (Official)
Ethereum
|
0,27 ETH
882,44 $
|
0.0% |
7,15 ETH
22 943 $
|
0,33 ETH
1 064,32 $
|
2 | 0.0% | ||||
384 |
Murakami Lucky Cat Coin Bank
Ethereum
|
0,16 ETH
510,69 $
|
11.7% |
716,77 ETH
2 302 174 $
|
0,32 ETH
1 012,71 $
|
3 | 0.1% | ||||
385 |
reepz
Ethereum
|
0,035 ETH
112,23 $
|
2.6% |
173,45 ETH
557 782 $
|
0,31 ETH
996,88 $
|
10 | 1.5% | ||||
386 |
tiny dinos (eth)
Ethereum
|
0,047 ETH
150,57 $
|
1.9% |
393,44 ETH
1 263 174 $
|
0,31 ETH
982,44 $
|
7 | 0.0% | ||||
387 |
NuCyber
Ethereum
|
0,032 ETH
102,40 $
|
3.0% |
205,63 ETH
660 099 $
|
0,31 ETH
981,99 $
|
4 | 0.1% | ||||
388 |
SHIB YARD
Ethereum
|
0,023 ETH
73,68 $
|
0.0% |
483,05 ETH
1 554 141 $
|
0,30 ETH
977,43 $
|
6 | 0.0% | ||||
389 |
Symbiogenesis
Ethereum
|
0,12 ETH
376,29 $
|
0.1% |
58,50 ETH
188 147 $
|
0,30 ETH
970,97 $
|
2 | 0.4% | ||||
390 |
Trademark by Jack Butcher
Ethereum
|
0,040 ETH
128,64 $
|
5.5% |
400,00 ETH
1 286 356 $
|
0,30 ETH
966,70 $
|
8 | 0.0% | ||||
391 |
Undead Blocks Genesis Weapons
Ethereum
|
0,021 ETH
67,42 $
|
5.5% |
52,50 ETH
168 558 $
|
0,30 ETH
965,76 $
|
4 | 0.1% | ||||
392 |
WAGMI
Ethereum
|
0,27 ETH
884,11 $
|
0.0% |
660,03 ETH
2 122 752 $
|
0,30 ETH
964,84 $
|
1 | 0.2% | ||||
393 |
Akutars
Ethereum
|
0,032 ETH
102,89 $
|
4.4% |
477,50 ETH
1 535 368 $
|
0,30 ETH
964,62 $
|
1 | 0.0% | ||||
394 |
Meegos
Solana
|
0,56 SOL
86,98 $
|
4.2% |
3 360 SOL
525 818 $
|
6,15 SOL
962,85 $
|
8 | 0.1% | ||||
395 |
Apeiron Planets
Ronin
|
72,00 RON
243,62 $
|
4.0% |
782 496 RON
2 647 629 $
|
284,00 RON
960,93 $
|
0 | 0.4% | ||||
396 |
Based Ghouls
Ethereum
|
0,11 ETH
350,24 $
|
5.7% |
725,82 ETH
2 334 318 $
|
0,30 ETH
951,97 $
|
4 | 0.1% | ||||
397 |
oogy
Solana
|
0,16 SOL
24,75 $
|
9.4% |
1 582 SOL
247 030 $
|
6,07 SOL
948,03 $
|
37 | 0.2% | ||||
398 |
Nooties
BNB Smart Chain
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100,00 BNB
60 902 $
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499 200 BNB
304 020 359 $
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1,55 BNB
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God Hates NFTees
Ethereum
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0,076 ETH
245,98 $
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0.1% |
384,18 ETH
1 235 337 $
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0,29 ETH
924,78 $
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400 |
Visions of the Void
Ethereum
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0,012 ETH
38,58 $
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0.0% |
53,33 ETH
171 471 $
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0,29 ETH
923,78 $
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6 | 0.0% |
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.