Die Preise wichtigsten NFT-Sammlungen, geordnet nach 24-Stunden-Handelsvolumen
# | NFT | Grundpreis | 24h% | Letzte 7 Tage | Marktkap | 24-Stunden-Volumen | 24h Verkäufe | 24h Inhaber | |||
---|---|---|---|---|---|---|---|---|---|---|---|
1 |
Bored Ape Yacht Club
Ethereum
|
Kaufen
|
14,23 ETH
42.316 $
|
6.3% |
142.262 ETH
423.075.710 $
|
919,90 ETH
2.735.708 $
|
62 | 0.1% | |||
2 |
CryptoPunks
Ethereum
|
Kaufen
|
38,00 ETH
112.941 $
|
1.3% |
379.772 ETH
1.128.734.332 $
|
496,50 ETH
1.475.666 $
|
10 | 0.0% | |||
3 |
Mutant Ape Yacht Club
Ethereum
|
Kaufen
|
2,90 ETH
8.616,22 $
|
1.5% |
56.510 ETH
167.956.065 $
|
426,51 ETH
1.267.647 $
|
146 | 0.1% | |||
4 |
Mall Street SPL404
Solana
|
0,65 SOL
91,62 $
|
9.9% |
3.611 SOL
510.021 $
|
7.656 SOL
1.081.434 $
|
10.424 | 0.0% | ||||
5 |
Pudgy Penguins
Ethereum
|
12,28 ETH
36.483 $
|
5.9% |
109.100 ETH
324.260.718 $
|
206,53 ETH
613.825 $
|
17 | 0.0% | ||||
6 |
Bitcoin Puppets
Bitcoin
|
0,22 BTC
13.813,01 $
|
5.4% |
2.241 BTC
138.143.916 $
|
9,67 BTC
595.894 $
|
43 | 0.1% | ||||
7 |
NodeMonkes
Bitcoin
|
0,29 BTC
18.179,43 $
|
4.9% |
2.949 BTC
181.794.255 $
|
9,20 BTC
566.979 $
|
25 | 0.0% | ||||
8 |
Solana Monkey Business
Solana
|
33,35 SOL
4.717,80 $
|
4.5% |
166.507 SOL
23.555.970 $
|
3.525 SOL
498.634 $
|
101 | 0.1% | ||||
9 |
Doodles
Ethereum
|
1,67 ETH
4.966,45 $
|
7.1% |
16.697 ETH
49.654.590 $
|
154,44 ETH
459.279 $
|
91 | 0.3% | ||||
10 |
Mad Lads
Solana
|
74,50 SOL
10.535,85 $
|
8.0% |
742.467 SOL
105.000.309 $
|
3.186 SOL
450.545 $
|
39 | 0.2% | ||||
11 |
Persona
Ethereum
|
0,20 ETH
585,85 $
|
20.6% |
1.748 ETH
5.199.408 $
|
142,63 ETH
424.174 $
|
695 | 1.3% | ||||
12 |
Azuki
Ethereum
|
Kaufen
|
5,13 ETH
15.255,96 $
|
5.7% |
51.299 ETH
152.559.575 $
|
120,44 ETH
358.183 $
|
23 | 0.1% | |||
13 |
Milady Maker
Ethereum
|
Kaufen
|
4,80 ETH
14.274,86 $
|
1.1% |
47.894 ETH
142.434.540 $
|
116,22 ETH
345.639 $
|
25 | 0.0% | |||
14 |
Candy Collective: Genesis Collection
Ethereum
|
0,44 ETH
1.314,48 $
|
8.5% |
884,00 ETH
2.628.953 $
|
111,87 ETH
332.686 $
|
254 | 0.0% | ||||
15 |
Rune Pups
Bitcoin
|
0,068 BTC
4.211,10 $
|
12.0% |
736,14 BTC
45.387.271 $
|
5,37 BTC
330.878 $
|
80 | 0.3% | ||||
16 |
Terraforms by Mathcastles
Ethereum
|
0,80 ETH
2.390,74 $
|
4.3% |
7.967 ETH
23.694.609 $
|
107,68 ETH
320.220 $
|
133 | 0.1% | ||||
17 |
Lil Pudgys
Ethereum
|
0,95 ETH
2.822,26 $
|
1.2% |
20.553 ETH
61.124.475 $
|
82,26 ETH
244.629 $
|
85 | 0.0% | ||||
18 |
Azuki Elementals
Ethereum
|
0,47 ETH
1.402,85 $
|
5.2% |
7.546 ETH
22.427.340 $
|
79,85 ETH
237.338 $
|
159 | 0.1% | ||||
19 |
Forked Nouns
Ethereum
|
36,75 ETH
109.226 $
|
0.7% |
17.346 ETH
51.554.685 $
|
71,00 ETH
211.022 $
|
2 | 0.0% | ||||
20 |
Lasogette
Ethereum
|
0,36 ETH
1.082,51 $
|
9.0% |
2.818 ETH
8.381.876 $
|
69,01 ETH
205.240 $
|
182 | 0.8% | ||||
21 |
IO: Imaginary Ones
Ethereum
|
1,45 ETH
4.312,20 $
|
38.3% |
12.888 ETH
38.326.806 $
|
65,80 ETH
195.680 $
|
48 | 0.8% | ||||
22 |
WHAT THE FFFF
Ethereum
|
0,011 ETH
32,73 $
|
0.0% |
11,00 ETH
32.731 $
|
59,34 ETH
176.558 $
|
- | 0.0% | ||||
23 |
Kanpai Pandas
Ethereum
|
1,64 ETH
4.880,22 $
|
8.8% |
13.071 ETH
38.870.931 $
|
56,40 ETH
167.730 $
|
35 | 0.1% | ||||
24 |
RSIC METAPROTOCOL
Bitcoin
|
0,037 BTC
2.311,48 $
|
1.3% |
787,29 BTC
48.541.134 $
|
2,46 BTC
151.894 $
|
67 | 0.2% | ||||
25 |
Ultiverse - Electric Sheep
Ethereum
|
0,98 ETH
2.915,67 $
|
10.7% |
6.867 ETH
20.409.663 $
|
51,04 ETH
151.686 $
|
52 | 0.2% | ||||
26 |
Ordinal Maxi Biz (OMB)
Bitcoin
|
0,43 BTC
26.347 $
|
0.1% |
897,65 BTC
55.328.780 $
|
2,33 BTC
143.739 $
|
5 | 0.0% | ||||
27 |
Captainz
Ethereum
|
2,99 ETH
8.889,07 $
|
0.9% |
29.887 ETH
88.881.845 $
|
47,79 ETH
142.136 $
|
16 | 0.1% | ||||
28 |
Redacted Remilio Babies
Ethereum
|
1,71 ETH
5.085,42 $
|
6.1% |
17.097 ETH
50.844.013 $
|
47,73 ETH
141.960 $
|
29 | 0.1% | ||||
29 |
Froganas
Solana
|
1,37 SOL
193,21 $
|
9.9% |
7.610 SOL
1.073.307 $
|
958,44 SOL
135.172 $
|
624 | 1.2% | ||||
30 |
Bored Ape Kennel Club
Ethereum
|
0,59 ETH
1.739,75 $
|
11.9% |
5.617 ETH
16.705.064 $
|
43,90 ETH
130.565 $
|
76 | 0.0% | ||||
31 |
Mutantmon
Solana
|
1,78 SOL
252,43 $
|
5.9% |
17.834 SOL
2.523.046 $
|
917,49 SOL
129.799 $
|
492 | 0.0% | ||||
32 |
Pixelmon
Ethereum
|
1,30 ETH
3.863,78 $
|
0.1% |
16.336 ETH
48.552.232 $
|
39,13 ETH
116.302 $
|
31 | 0.2% | ||||
33 |
Clone X
Ethereum
|
0,58 ETH
1.720,21 $
|
13.5% |
11.342 ETH
33.709.300 $
|
36,44 ETH
108.295 $
|
52 | 0.3% | ||||
34 |
Moonbirds
Ethereum
|
0,79 ETH
2.343,46 $
|
8.3% |
7.880 ETH
23.434.560 $
|
35,87 ETH
106.681 $
|
45 | 0.0% | ||||
35 |
mfers
Ethereum
|
0,40 ETH
1.177,68 $
|
3.2% |
3.968 ETH
11.799.134 $
|
31,93 ETH
94.972 $
|
78 | 0.0% | ||||
36 |
MATR1X KUKU
Ethereum
|
1,80 ETH
5.349,85 $
|
5.0% |
11.999 ETH
35.662.075 $
|
26,33 ETH
78.256 $
|
15 | 0.2% | ||||
37 |
PX Quest
Ethereum
|
0,66 ETH
1.956,85 $
|
2.9% |
4.935 ETH
14.676.339 $
|
24,49 ETH
72.842 $
|
41 | 0.3% | ||||
38 |
PXQuest Adventurer
Ethereum
|
0,66 ETH
1.955,67 $
|
2.9% |
4.935 ETH
14.667.495 $
|
24,49 ETH
72.798 $
|
41 | 0.3% | ||||
39 |
OnChainMonkey (OCM) Genesis
Bitcoin
|
0,058 BTC
3.574,76 $
|
3.3% |
580,00 BTC
35.747.570 $
|
1,16 BTC
71.541 $
|
16 | 0.1% | ||||
40 |
Sappy Seals
Ethereum
|
0,54 ETH
1.596,70 $
|
9.0% |
5.367 ETH
15.962.234 $
|
23,50 ETH
69.902 $
|
44 | 0.2% | ||||
41 |
Azra Games - The Hopeful
Ethereum
|
1,28 ETH
3.806,33 $
|
2.4% |
7.110 ETH
21.144.172 $
|
23,42 ETH
69.643 $
|
19 | 0.0% | ||||
42 |
alignDRAW
Ethereum
|
1,69 ETH
5.022,91 $
|
21.4% |
4.578 ETH
13.607.066 $
|
22,84 ETH
67.884 $
|
14 | 0.2% | ||||
43 |
Chromie Squiggle by Snowfro
Ethereum
|
5,39 ETH
16.019,82 $
|
0.0% |
53.868 ETH
160.102.054 $
|
22,59 ETH
67.141 $
|
4 | 0.1% | ||||
44 |
MoonCats - Acclimated
Ethereum
|
0,15 ETH
439,55 $
|
7.6% |
2.945 ETH
8.754.064 $
|
22,57 ETH
67.077 $
|
145 | 0.3% | ||||
45 |
BEANZ Official
Ethereum
|
0,30 ETH
880,28 $
|
8.6% |
5.905 ETH
17.561.645 $
|
21,79 ETH
64.804 $
|
71 | 0.1% | ||||
46 |
Alpha Gate
Ethereum
|
2,49 ETH
7.405,08 $
|
18.6% |
1.282 ETH
3.813.618 $
|
21,32 ETH
63.395 $
|
6 | 1.0% | ||||
47 |
Runestone
Bitcoin
|
0,012 BTC
739,65 $
|
5.4% |
1.349 BTC
83.136.940 $
|
1,00 BTC
61.463 $
|
80 | 0.1% | ||||
48 |
RG Bytes
Ethereum
|
0,30 ETH
888,65 $
|
14.5% |
1.495 ETH
4.442.352 $
|
20,67 ETH
61.419 $
|
69 | 0.1% | ||||
49 |
0N1 Force
Ethereum
|
0,30 ETH
889,20 $
|
0.7% |
2.325 ETH
6.913.567 $
|
20,50 ETH
60.960 $
|
72 | 0.1% | ||||
50 |
Volted Dragons Sailors Club - VDSC
Ethereum
|
0,089 ETH
264,33 $
|
33.2% |
390,18 ETH
1.160.388 $
|
20,28 ETH
60.312 $
|
3 | 0.1% | ||||
51 |
Coolman's Universe
Ethereum
|
0,027 ETH
80,31 $
|
25.5% |
269,85 ETH
802.838 $
|
20,22 ETH
60.166 $
|
13 | 0.0% | ||||
52 |
Pixels - Farm Land
Ethereum
|
1,50 ETH
4.460,77 $
|
0.3% |
7.500 ETH
22.303.827 $
|
19,24 ETH
57.214 $
|
12 | 0.3% | ||||
53 |
L3E7 Worlds
Ethereum
|
4,80 ETH
14.266,26 $
|
1.1% |
2.880 ETH
8.559.754 $
|
18,26 ETH
54.271 $
|
4 | 0.0% | ||||
54 |
Prometheans
Bitcoin
|
0,011 BTC
681,10 $
|
38.8% |
232,05 BTC
14.303.030 $
|
0,87 BTC
53.474 $
|
80 | 0.1% | ||||
55 |
DeGods (Solana)
Solana
|
48,15 SOL
6.809,64 $
|
5.0% |
179.654 SOL
25.406.762 $
|
376,88 SOL
53.298 $
|
8 | 0.0% | ||||
56 |
Nobody
Ethereum
|
0,14 ETH
412,47 $
|
8.5% |
1.388 ETH
4.124.731 $
|
16,27 ETH
48.352 $
|
118 | 0.1% | ||||
57 |
Tensorians
Solana
|
12,80 SOL
1.809,61 $
|
0.6% |
113.502 SOL
16.047.640 $
|
336,74 SOL
47.611 $
|
26 | 0.1% | ||||
58 |
VeeFriends
Ethereum
|
1,07 ETH
3.181,36 $
|
0.9% |
10.970 ETH
32.624.882 $
|
15,94 ETH
47.416 $
|
7 | 0.0% | ||||
59 |
Skyborne - NexianGems
Ethereum
|
0,95 ETH
2.816,31 $
|
4.9% |
3.156 ETH
9.386.763 $
|
15,84 ETH
47.107 $
|
17 | 0.4% | ||||
60 |
Bitcoin Frogs
Bitcoin
|
0,048 BTC
2.990,25 $
|
4.7% |
484,99 BTC
29.902.532 $
|
0,75 BTC
46.016 $
|
15 | 0.1% | ||||
61 |
RTFKT Animus Egg 🥚
Ethereum
|
0,17 ETH
505,26 $
|
7.6% |
2.946 ETH
8.757.223 $
|
15,03 ETH
44.664 $
|
90 | 0.3% | ||||
62 |
CyberV
Ethereum
|
0,25 ETH
744,51 $
|
19.3% |
519,23 ETH
1.546.338 $
|
13,50 ETH
40.215 $
|
57 | 0.7% | ||||
63 |
Celestine Sloth Society
Stargaze
|
226.000 STARS
4.578,41 $
|
13.6% |
565.000.000 STARS
11.446.013 $
|
1.924.722 STARS
38.992 $
|
9 | 0.0% | ||||
64 |
Pizza Ninjas
Bitcoin
|
0,13 BTC
7.765,24 $
|
3.1% |
188,99 BTC
11.647.853 $
|
0,63 BTC
38.951 $
|
5 | 0.1% | ||||
65 |
Muraqqa
Ethereum
|
4,50 ETH
13.394,54 $
|
12.8% |
499,50 ETH
1.486.793 $
|
12,79 ETH
38.070 $
|
4 | 3.8% | ||||
66 |
Meebits
Ethereum
|
0,67 ETH
1.976,90 $
|
2.6% |
13.302 ETH
39.536.062 $
|
12,44 ETH
36.965 $
|
19 | 0.1% | ||||
67 |
Paingelz
Solana
|
1,46 SOL
206,30 $
|
26.9% |
14.551 SOL
2.062.829 $
|
255,25 SOL
36.186 $
|
183 | 0.0% | ||||
68 |
Mintify Genesis
Ethereum
|
0,12 ETH
353,83 $
|
11.3% |
697,82 ETH
2.074.849 $
|
11,34 ETH
33.732 $
|
91 | 2.2% | ||||
69 |
CryptoPhunks
Ethereum
|
0,19 ETH
564,75 $
|
18.8% |
1.894 ETH
5.632.243 $
|
10,74 ETH
31.931 $
|
51 | 0.0% | ||||
70 |
Blond
Ethereum
|
2,67 ETH
7.876,09 $
|
3.5% |
42,72 ETH
126.017 $
|
10,47 ETH
30.885 $
|
4 | 0.0% | ||||
71 |
My Pet Hooligan
Ethereum
|
0,39 ETH
1.144,96 $
|
0.8% |
3.422 ETH
10.176.428 $
|
10,21 ETH
30.366 $
|
19 | 0.1% | ||||
72 |
Solcasino.io
Solana
|
19,50 SOL
2.757,71 $
|
0.1% |
97.500 SOL
13.788.532 $
|
210,27 SOL
29.736 $
|
10 | 3.6% | ||||
73 |
Mavia Land
Ethereum
|
0,23 ETH
686,52 $
|
14.4% |
2.310 ETH
6.865.250 $
|
9,66 ETH
28.703 $
|
40 | 0.2% | ||||
74 |
The Anata NFT
Ethereum
|
0,83 ETH
2.468,06 $
|
7.4% |
1.655 ETH
4.921.319 $
|
9,61 ETH
28.577 $
|
11 | 1.2% | ||||
75 |
Imaginary Rides
Ethereum
|
0,13 ETH
373,82 $
|
24.8% |
1.746 ETH
5.191.652 $
|
9,27 ETH
27.570 $
|
65 | 1.0% | ||||
76 |
Honey Comb
Ethereum
|
0,27 ETH
799,98 $
|
12.2% |
4.417 ETH
13.135.687 $
|
9,13 ETH
27.143 $
|
35 | 0.2% | ||||
77 |
Prime Navigator
Ethereum
|
0,54 ETH
1.605,92 $
|
3.8% |
1.650 ETH
4.907.696 $
|
8,98 ETH
26.699 $
|
17 | 0.9% | ||||
78 |
Saku Monsters Generation I
Solana
|
0,64 SOL
90,66 $
|
7.5% |
10.243 SOL
1.444.982 $
|
185,06 SOL
26.107 $
|
204 | 0.0% | ||||
79 |
Emby
Ethereum
|
0,28 ETH
832,12 $
|
12.0% |
770,00 ETH
2.288.339 $
|
8,51 ETH
25.286 $
|
32 | 0.0% | ||||
80 |
Quantum Cats
Bitcoin
|
0,36 BTC
22.176 $
|
8.9% |
1.199 BTC
73.912.009 $
|
0,40 BTC
24.653 $
|
1 | 0.2% | ||||
81 |
Crypto Citizens
Ethereum
|
0,22 ETH
654,26 $
|
0.5% |
2.200 ETH
6.542.644 $
|
7,92 ETH
23.553 $
|
30 | 0.3% | ||||
82 |
TOPIA Worlds
Ethereum
|
0,70 ETH
2.079,84 $
|
7.9% |
6.997 ETH
20.796.309 $
|
7,64 ETH
22.698 $
|
7 | 0.3% | ||||
83 |
Claynosaurz
Solana
|
13,96 SOL
1.975,51 $
|
0.0% |
139.640 SOL
19.755.111 $
|
155,70 SOL
22.027 $
|
11 | 0.0% | ||||
84 |
TODAY - Ancient Seed
Ethereum
|
1,50 ETH
4.458,21 $
|
15.5% |
1.166 ETH
3.464.025 $
|
7,41 ETH
22.015 $
|
5 | 5.3% | ||||
85 |
The Potatoz
Ethereum
|
1,90 ETH
5.638,14 $
|
2.4% |
18.968 ETH
56.375.797 $
|
7,36 ETH
21.869 $
|
4 | 0.1% | ||||
86 |
Chimpers
Ethereum
|
0,24 ETH
704,09 $
|
1.0% |
1.316 ETH
3.911.222 $
|
7,02 ETH
20.879 $
|
30 | 0.6% | ||||
87 |
Voxelglyph
Ethereum
|
3,12 ETH
9.282,43 $
|
13.5% |
726,96 ETH
2.162.806 $
|
7,00 ETH
20.826 $
|
3 | 1.2% | ||||
88 |
Bad Kids
Stargaze
|
132.867 STARS
2.691,68 $
|
0.3% |
1.328.138.532 STARS
26.906.001 $
|
1.010.237 STARS
20.466 $
|
8 | 0.0% | ||||
89 |
SchizoPosters
Ethereum
|
0,75 ETH
2.223,16 $
|
0.0% |
4.154 ETH
12.347.421 $
|
6,83 ETH
20.299 $
|
9 | 0.1% | ||||
90 |
Nakamigos
Ethereum
|
0,083 ETH
245,35 $
|
13.1% |
1.644 ETH
4.889.563 $
|
6,65 ETH
19.770,98 $
|
60 | 0.1% | ||||
91 |
BoredMilady
Ethereum
|
0,18 ETH
525,15 $
|
4.1% |
1.216 ETH
3.613.535 $
|
6,61 ETH
19.651,17 $
|
40 | 0.0% | ||||
92 |
World of Women
Ethereum
|
0,45 ETH
1.344,81 $
|
0.0% |
4.522 ETH
13.448.106 $
|
6,45 ETH
19.188,68 $
|
15 | 0.0% | ||||
93 |
Yogurt Verse
Ethereum
|
1,15 ETH
3.420,85 $
|
8.0% |
368,00 ETH
1.094.673 $
|
6,37 ETH
18.948,56 $
|
6 | 0.0% | ||||
94 |
Otherdeed for Otherside
Ethereum
|
0,22 ETH
653,84 $
|
8.1% |
10.388 ETH
30.874.968 $
|
6,35 ETH
18.862,92 $
|
27 | 0.1% | ||||
95 |
ChronoForge Support Airships
Ethereum
|
0,43 ETH
1.277,90 $
|
14.0% |
1.074 ETH
3.194.743 $
|
6,25 ETH
18.598,65 $
|
16 | 0.7% | ||||
96 |
Yogapetz
Ethereum
|
0,40 ETH
1.188,08 $
|
0.0% |
4.033 ETH
11.993.714 $
|
6,09 ETH
18.112,71 $
|
10 | 0.1% | ||||
97 |
Band Bears
Ethereum
|
6,75 ETH
20.074 $
|
3.1% |
7.844 ETH
23.326.011 $
|
6,04 ETH
17.962,53 $
|
1 | 0.4% | ||||
98 |
AlfaDAO
Ethereum
|
2,99 ETH
8.886,69 $
|
3.5% |
1.501 ETH
4.461.118 $
|
5,89 ETH
17.505,88 $
|
2 | 0.0% | ||||
99 |
DigiDaigaku
Ethereum
|
3,19 ETH
9.486,83 $
|
0.0% |
6.450 ETH
19.182.377 $
|
5,87 ETH
17.456,96 $
|
2 | 0.0% | ||||
100 |
Famous Fox Federation
Solana
|
5,62 SOL
794,79 $
|
0.0% |
43.707 SOL
6.181.044 $
|
121,78 SOL
17.222,81 $
|
22 | 0.2% |
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 NFT-Daten-API.
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.