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 | |||
---|---|---|---|---|---|---|---|---|---|---|---|
401 |
Genesis pARticle pack
Ethereum
|
0,052 ETH
162,67 $
|
23.8% |
115,54 ETH
361 461 $
|
0,28 ETH
883,76 $
|
7 | 0.3% | ||||
402 |
Super Creators - Gen Z
Ethereum
|
0,10 ETH
323,87 $
|
11.3% |
575,22 ETH
1 799 089 $
|
0,28 ETH
880,60 $
|
3 | 0.0% | ||||
403 |
BEANS - Dumb Ways to Die
Ethereum
|
0,014 ETH
44,43 $
|
0.4% |
141,97 ETH
444 280 $
|
0,28 ETH
879,36 $
|
8 | 0.0% | ||||
404 |
WatchersRing
Ethereum
|
0,32 ETH
1 001,64 $
|
3.0% |
224,00 ETH
701 147 $
|
0,28 ETH
876,43 $
|
1 | 0.0% | ||||
405 |
Worried Meerkats
Ethereum
|
0,28 ETH
873,02 $
|
3.5% |
309,69 ETH
969 054 $
|
0,28 ETH
876,15 $
|
1 | 0.3% | ||||
406 |
Torrent by Jeres
Ethereum
|
0,28 ETH
875,67 $
|
0.0% |
84,00 ETH
262 700 $
|
0,28 ETH
875,67 $
|
1 | 0.5% | ||||
407 |
The Real Vision Collective
Ethereum
|
0,029 ETH
90,71 $
|
0.0% |
173,13 ETH
541 553 $
|
0,28 ETH
872,72 $
|
2 | 0.1% | ||||
408 |
Pluto
Polygon POS
|
0,15 ETH
476,68 $
|
23.6% |
677,14 ETH
2 118 352 $
|
0,28 ETH
864,29 $
|
2 | 0.3% | ||||
409 |
PepeNals
Bitcoin
|
0,001 BTC
87,00 $
|
0.0% |
9,38 BTC
600 301 $
|
0,013 BTC
861,80 $
|
9 | 0.1% | ||||
410 |
Wolf Game - Farmer
Ethereum
|
0,032 ETH
100,72 $
|
0.9% |
379,74 ETH
1 182 216 $
|
0,27 ETH
855,52 $
|
6 | 0.0% | ||||
411 |
EtherOrcs Genesis
Ethereum
|
0,030 ETH
93,51 $
|
14.6% |
150,33 ETH
470 144 $
|
0,27 ETH
843,14 $
|
17 | 1.5% | ||||
412 |
Yat
Ethereum
|
0,020 ETH
62,57 $
|
0.0% |
256,56 ETH
802 623 $
|
0,27 ETH
829,34 $
|
14 | 0.0% | ||||
413 |
BASTARD GAN PUNKS V2
Ethereum
|
0,063 ETH
196,83 $
|
27.7% |
710,52 ETH
2 223 413 $
|
0,26 ETH
813,61 $
|
2 | 0.0% | ||||
414 |
Broadside
Ethereum
|
0,017 ETH
51,62 $
|
0.6% |
118,83 ETH
371 757 $
|
0,26 ETH
809,91 $
|
16 | 0.2% | ||||
415 |
/// by Snowfro
Ethereum
|
0,11 ETH
343,73 $
|
0.0% |
219,80 ETH
687 464 $
|
0,26 ETH
809,44 $
|
2 | 0.0% | ||||
416 |
FEWOCiOUS x RTFKT
Ethereum
|
0,27 ETH
840,73 $
|
0.0% |
243,53 ETH
762 546 $
|
0,26 ETH
804,73 $
|
4 | 0.0% | ||||
417 |
Wolf Game
Ethereum
|
0,037 ETH
115,81 $
|
0.0% |
473,70 ETH
1 482 669 $
|
0,26 ETH
804,41 $
|
3 | 0.0% | ||||
418 |
MutantCats
Ethereum
|
0,084 ETH
264,38 $
|
0.0% |
844,89 ETH
2 643 575 $
|
0,25 ETH
787,54 $
|
3 | 0.1% | ||||
419 |
Runi
Ethereum
|
0,13 ETH
391,40 $
|
0.0% |
440,13 ETH
1 378 132 $
|
0,25 ETH
782,81 $
|
2 | 0.0% | ||||
420 |
Tennis Champs Genesis
Ethereum
|
0,11 ETH
356,47 $
|
0.9% |
379,96 ETH
1 188 130 $
|
0,25 ETH
781,75 $
|
2 | 0.1% | ||||
421 |
Parallel Battlepass
Ethereum
|
0,0000 ETH
0,04062192 $
|
99.7% |
0,0001 ETH
0,365597 $
|
0,25 ETH
777,45 $
|
15 | 0.5% | ||||
422 |
oogy
Solana
|
0,20 SOL
29,41 $
|
25.8% |
1 996 SOL
293 554 $
|
5,23 SOL
768,73 $
|
26 | 0.1% | ||||
423 |
The GODA Mint Pass
Ethereum
|
0,16 ETH
500,88 $
|
33.4% |
160,00 ETH
500 885 $
|
0,24 ETH
751,01 $
|
2 | 0.2% | ||||
424 |
Deadfrenz Collection
Ethereum
|
0,016 ETH
48,51 $
|
12.0% |
175,18 ETH
548 211 $
|
0,24 ETH
745,59 $
|
16 | 0.1% | ||||
425 |
Alpha Gardeners Pass
Ethereum
|
0,035 ETH
109,18 $
|
21.2% |
30,99 ETH
96 949 $
|
0,24 ETH
737,96 $
|
7 | 0.6% | ||||
426 |
EVERYDAY SATOSHIS
Bitcoin
|
0,001 BTC
79,40 $
|
0.8% |
6,93 BTC
443 666 $
|
0,011 BTC
735,06 $
|
8 | 0.1% | ||||
427 |
Netvrk Bonuses
Ethereum
|
0,085 ETH
265,41 $
|
0.0% |
185,46 ETH
580 194 $
|
0,23 ETH
720,78 $
|
6 | 0.4% | ||||
428 |
Japanese Born Ape Society
Ethereum
|
0,004 ETH
13,45 $
|
24.5% |
19,16 ETH
59 927 $
|
0,23 ETH
713,70 $
|
10 | 0.1% | ||||
429 |
The Weirdo Ghost Gang
Ethereum
|
0,23 ETH
712,72 $
|
0.0% |
1 265 ETH
3 959 885 $
|
0,23 ETH
712,72 $
|
1 | 0.0% | ||||
430 |
alien frens
Ethereum
|
0,041 ETH
128,18 $
|
2.5% |
409,96 ETH
1 281 717 $
|
0,23 ETH
703,76 $
|
6 | 0.0% | ||||
431 |
Astral Babes
Bitcoin
|
0,010 BTC
639,73 $
|
0.0% |
29,69 BTC
1 899 346 $
|
0,011 BTC
703,70 $
|
1 | 0.1% | ||||
432 |
Fomoverse
Ethereum
|
0,22 ETH
698,01 $
|
0.0% |
202,04 ETH
632 398 $
|
0,22 ETH
698,01 $
|
1 | 0.1% | ||||
433 |
Boryoku Dragonz
Solana
|
2,70 SOL
396,80 $
|
3.3% |
2 994 SOL
440 451 $
|
4,69 SOL
690,33 $
|
2 | 0.2% | ||||
434 |
Alpha Pharaohs
Solana
|
1,09 SOL
160,68 $
|
2.7% |
6 035 SOL
889 703 $
|
4,66 SOL
687,27 $
|
4 | 0.2% | ||||
435 |
Zinu's Zombie Mob Secret Society
Ethereum
|
0,062 ETH
195,52 $
|
0.5% |
624,97 ETH
1 955 157 $
|
0,22 ETH
676,67 $
|
3 | 0.1% | ||||
436 |
Gutter Pigeons
Ethereum
|
0,040 ETH
125,12 $
|
8.7% |
118,36 ETH
370 239 $
|
0,22 ETH
676,10 $
|
5 | 0.1% | ||||
437 |
Illuvium
Ethereum
|
0,025 ETH
77,31 $
|
0.0% |
0,52 ETH
1 623,59 $
|
0,22 ETH
674,85 $
|
4 | 0.0% | ||||
438 |
Mint Genesis NFT
Ethereum
|
0,009 ETH
28,16 $
|
1.1% |
336,93 ETH
1 054 235 $
|
0,21 ETH
667,67 $
|
24 | 0.0% | ||||
439 |
The Long Lost
Ethereum
|
0,042 ETH
131,32 $
|
0.0% |
419,99 ETH
1 313 196 $
|
0,21 ETH
658,80 $
|
5 | 0.0% | ||||
440 |
Meta Legends
Ethereum
|
0,045 ETH
142,27 $
|
3.8% |
561,45 ETH
1 756 377 $
|
0,21 ETH
657,88 $
|
6 | 0.0% | ||||
441 |
FLUF World: Thingies
Ethereum
|
0,062 ETH
193,95 $
|
0.0% |
594,58 ETH
1 860 015 $
|
0,21 ETH
656,63 $
|
4 | 0.0% | ||||
442 |
Hasbulla NFT
Ethereum
|
0,030 ETH
93,50 $
|
0.0% |
298,89 ETH
935 013 $
|
0,21 ETH
650,89 $
|
8 | 0.1% | ||||
443 |
Famous Fox Dens
Solana
|
3,90 SOL
575,48 $
|
21.9% |
11 700 SOL
1 726 453 $
|
4,40 SOL
649,26 $
|
1 | 0.3% | ||||
444 |
Lost Poets
Ethereum
|
0,043 ETH
135,14 $
|
0.0% |
1 216 ETH
3 802 893 $
|
0,21 ETH
645,05 $
|
5 | 0.0% | ||||
445 |
Bit Kids
Stargaze
|
7 333 STARS
148,48 $
|
0.2% |
73 308 001 STARS
1 484 339 $
|
31 766 STARS
643,20 $
|
5 | 0.0% | ||||
446 |
Liberty Square: The Sinister Squirrel Syndicate
Solana
|
0,36 SOL
53,25 $
|
36.5% |
3 561 SOL
524 158 $
|
4,36 SOL
641,33 $
|
12 | 0.1% | ||||
447 |
Sats Hunters
Bitcoin
|
0,006 BTC
377,44 $
|
18.0% |
6,71 BTC
429 525 $
|
0,010 BTC
639,73 $
|
2 | 0.2% | ||||
448 |
Wild Forest Units
Ronin
|
0,45 RON
1,24 $
|
8.2% |
37 214 RON
102 867 $
|
230,34 RON
636,71 $
|
0 | 0.1% | ||||
449 |
Alpha Kongs Club - AKC
Ethereum
|
0,041 ETH
128,83 $
|
0.0% |
366,19 ETH
1 145 084 $
|
0,20 ETH
631,98 $
|
4 | 0.0% | ||||
450 |
Thenian (theNFT)
BNB Smart Chain
|
0,87 BNB
510,74 $
|
0.0% |
1 503 BNB
885 615 $
|
1,07 BNB
629,17 $
|
1 | 2.1% | ||||
451 |
Thenian
BNB Smart Chain
|
0,87 BNB
510,61 $
|
0.0% |
1 503 BNB
885 394 $
|
1,07 BNB
629,01 $
|
1 | 2.1% | ||||
452 |
RuneX: The Secret Weapon
Bitcoin
|
0,004 BTC
230,73 $
|
34.5% |
28,00 BTC
1 794 353 $
|
0,010 BTC
627,45 $
|
2 | 0.0% | ||||
453 |
Saints_of_LA
Ethereum
|
0,060 ETH
187,53 $
|
0.0% |
133,08 ETH
416 690 $
|
0,20 ETH
626,25 $
|
5 | 0.0% | ||||
454 |
Land
Ethereum
|
0,015 ETH
46,93 $
|
0.0% |
299,60 ETH
937 254 $
|
0,20 ETH
625,68 $
|
1 | 0.0% | ||||
455 |
Wolf Game - Genesis Land
Ethereum
|
0,015 ETH
46,92 $
|
0.0% |
299,60 ETH
937 218 $
|
0,20 ETH
625,66 $
|
1 | 0.0% | ||||
456 |
Geometry Runners by Rich Lord
Ethereum
|
0,23 ETH
719,18 $
|
15.0% |
229,99 ETH
719 178 $
|
0,20 ETH
625,40 $
|
1 | 0.2% | ||||
457 |
Xtremeverse
Ethereum
|
0,13 ETH
396,75 $
|
2.3% |
352,15 ETH
1 100 972 $
|
0,20 ETH
625,29 $
|
1 | 0.4% | ||||
458 |
RuneX: UNNAMED
Bitcoin
|
0,004 BTC
245,88 $
|
31.0% |
29,94 BTC
1 912 238 $
|
0,010 BTC
625,25 $
|
2 | 0.0% | ||||
459 |
DigiDaigaku Dragon Eggs
Ethereum
|
0,028 ETH
87,67 $
|
0.4% |
138,94 ETH
435 040 $
|
0,20 ETH
623,41 $
|
10 | 0.1% | ||||
460 |
Polychain Monsters | BNB Chain
BNB Smart Chain
|
50,00 BNB
29 462 $
|
0.0% |
25 572 450 BNB
15 068 433 881 $
|
1,05 BNB
620,80 $
|
10 | 0.0% | ||||
461 |
Koin Games Dev Squad
Ethereum
|
0,080 ETH
250,50 $
|
2.4% |
444,40 ETH
1 391 518 $
|
0,20 ETH
610,59 $
|
3 | 0.1% | ||||
462 |
GLHF
Ethereum
|
0,045 ETH
140,46 $
|
4.3% |
159,26 ETH
498 219 $
|
0,19 ETH
609,72 $
|
4 | 0.1% | ||||
463 |
NodeRocks
Bitcoin
|
0,002 BTC
115,20 $
|
10.0% |
18,00 BTC
1 151 993 $
|
0,010 BTC
608,00 $
|
4 | 0.0% | ||||
464 |
Zecrey Chameleon Avatar
BNB Smart Chain
|
0,50 BNB
294,62 $
|
4.4% |
2 347 BNB
1 382 958 $
|
1,01 BNB
597,53 $
|
3 | 0.2% | ||||
465 |
MemeWhales
Ethereum
|
0,12 ETH
375,41 $
|
45.5% |
84,00 ETH
262 790 $
|
0,19 ETH
594,41 $
|
2 | 0.2% | ||||
466 |
Taiyo Pilots
Solana
|
0,35 SOL
52,23 $
|
9.2% |
4 022 SOL
593 470 $
|
4,02 SOL
592,55 $
|
11 | 0.7% | ||||
467 |
raW Pass
Ethereum
|
0,040 ETH
124,76 $
|
6.1% |
221,64 ETH
693 023 $
|
0,19 ETH
587,66 $
|
5 | 0.1% | ||||
468 |
CRYPTONINJA WORLD
Ethereum
|
0,019 ETH
61,00 $
|
2.6% |
216,65 ETH
677 779 $
|
0,19 ETH
584,70 $
|
10 | 0.1% | ||||
469 |
Mara
Ethereum
|
0,033 ETH
101,64 $
|
4.8% |
1 319 ETH
4 125 668 $
|
0,19 ETH
579,19 $
|
6 | 0.0% | ||||
470 |
Doge Friends
BNB Smart Chain
|
0,39 BNB
232,42 $
|
0.0% |
118,36 BNB
69 726 $
|
0,97 BNB
571,87 $
|
- | 8.3% | ||||
471 |
Prime Ape Planet PAP
Ethereum
|
0,045 ETH
140,90 $
|
25.0% |
354,59 ETH
1 110 309 $
|
0,18 ETH
564,25 $
|
3 | 0.0% | ||||
472 |
AssetDash Vanta
Solana
|
3,77 SOL
556,65 $
|
0.0% |
37 692 SOL
5 565 898 $
|
3,76 SOL
555,91 $
|
1 | 0.2% | ||||
473 |
FOMO Dog Club
Ethereum
|
0,31 ETH
969,87 $
|
0.0% |
240,75 ETH
753 588 $
|
0,17 ETH
541,51 $
|
1 | 0.0% | ||||
474 |
Psychedelics Anonymous Genesis
Ethereum
|
0,048 ETH
149,93 $
|
0.0% |
459,58 ETH
1 438 532 $
|
0,17 ETH
541,50 $
|
2 | 0.0% | ||||
475 |
THE SHIBOSHIS
Ethereum
|
0,19 ETH
593,71 $
|
8.6% |
1 899 ETH
5 936 498 $
|
0,17 ETH
534,93 $
|
1 | 0.0% | ||||
476 |
FewoWorld Fewos
Ethereum
|
0,016 ETH
48,52 $
|
0.0% |
279,00 ETH
873 434 $
|
0,17 ETH
532,20 $
|
17 | 0.0% | ||||
477 |
Bridgeworld Legions
Arbitrum One
|
0,015 ETH
46,93 $
|
0.0% |
594,57 ETH
1 860 054 $
|
0,17 ETH
522,66 $
|
1 | 0.1% | ||||
478 |
Pursuit by Per Kristian Stoveland
Ethereum
|
0,36 ETH
1 122,79 $
|
0.0% |
71,76 ETH
224 557 $
|
0,17 ETH
516,33 $
|
1 | 0.9% | ||||
479 |
Boonji Project
Ethereum
|
0,025 ETH
78,16 $
|
0.0% |
251,10 ETH
785 284 $
|
0,16 ETH
515,26 $
|
7 | 0.1% | ||||
480 |
Bonkz
Solana
|
0,45 SOL
66,40 $
|
1.7% |
4 648 SOL
684 362 $
|
3,48 SOL
512,45 $
|
7 | 0.1% | ||||
481 |
MekaVerse
Ethereum
|
0,078 ETH
243,86 $
|
0.0% |
693,26 ETH
2 167 457 $
|
0,16 ETH
511,17 $
|
2 | 0.0% | ||||
482 |
JRNY NFT Club
Ethereum
|
0,20 ETH
626,21 $
|
0.0% |
2 000 ETH
6 262 143 $
|
0,16 ETH
501,94 $
|
1 | 0.1% | ||||
483 |
Wanderers - RAM Beta Bundle
Ethereum
|
0,031 ETH
95,45 $
|
0.3% |
67,77 ETH
212 091 $
|
0,16 ETH
491,34 $
|
2 | 3.2% | ||||
484 |
GMX Blueberry Club
Arbitrum One
|
0,13 ETH
419,04 $
|
2.3% |
1 339 ETH
4 190 442 $
|
0,16 ETH
491,02 $
|
1 | 0.0% | ||||
485 |
STARRY NFT
Ethereum
|
0,060 ETH
187,81 $
|
200.0% |
25,20 ETH
78 879 $
|
0,16 ETH
485,17 $
|
5 | 1.7% | ||||
486 |
ASM AIFA All-Stars
Ethereum
|
0,015 ETH
46,90 $
|
7.9% |
556,44 ETH
1 739 838 $
|
0,15 ETH
481,20 $
|
5 | 0.0% | ||||
487 |
Otherside Vessel
Ethereum
|
0,039 ETH
121,68 $
|
22.9% |
594,29 ETH
1 858 173 $
|
0,15 ETH
478,39 $
|
4 | 0.0% | ||||
488 |
ABC
Solana
|
1,11 SOL
163,58 $
|
5.1% |
2 195 SOL
324 059 $
|
3,22 SOL
475,35 $
|
3 | 0.2% | ||||
489 |
Claynosaurz: Claymaker
Solana
|
0,001 SOL
0,162207 $
|
0.0% |
6,78 SOL
999,85 $
|
3,21 SOL
473,93 $
|
17 | 0.2% | ||||
490 |
OYABUN cyber-yakuza
Polygon POS
|
0,059 ETH
183,47 $
|
1.1% |
0 ETH
0,00 Kč
|
0,15 ETH
462,40 $
|
1 | 0.1% | ||||
491 |
FoxFam
Ethereum
|
0,025 ETH
77,84 $
|
6.1% |
248,67 ETH
777 748 $
|
0,15 ETH
456,33 $
|
3 | 0.0% | ||||
492 |
Yield Hacker Pass YHP - Caio Vicentino
Ethereum
|
0,20 ETH
619,03 $
|
0.0% |
0 ETH
0,00 Kč
|
0,14 ETH
444,27 $
|
1 | 0.0% | ||||
493 |
The New Explorer's Club
Solana
|
1,30 SOL
192,42 $
|
3.6% |
13 048 SOL
1 923 999 $
|
3,00 SOL
442,38 $
|
1 | 0.1% | ||||
494 |
BEVM Whitepaper
Bitcoin
|
0,003 BTC
204,71 $
|
10.0% |
32,00 BTC
2 047 123 $
|
0,007 BTC
441,41 $
|
2 | 0.1% | ||||
495 |
Parallel Cosmetics
Ethereum
|
0,0000 ETH
0,00950562 $
|
99.9% |
0,0003 ETH
1,017 $
|
0,14 ETH
439,49 $
|
9 | 0.1% | ||||
496 |
Welly Friends
Ethereum
|
0,081 ETH
252,68 $
|
8.1% |
344,91 ETH
1 079 204 $
|
0,14 ETH
438,99 $
|
2 | 0.1% | ||||
497 |
MAYG
Ethereum
|
0,077 ETH
241,10 $
|
2.5% |
408,33 ETH
1 278 561 $
|
0,14 ETH
438,37 $
|
2 | 0.0% | ||||
498 |
This User... Banners
Ethereum
|
0,17 ETH
528,99 $
|
0.0% |
338,00 ETH
1 057 972 $
|
0,14 ETH
438,21 $
|
1 | 0.1% | ||||
499 |
OrdiRocks
Bitcoin
|
0,001 BTC
75,45 $
|
5.4% |
11,80 BTC
754 495 $
|
0,007 BTC
437,35 $
|
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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.