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
|
16,68 ETH
52.095 $
|
1.1% |
166.767 ETH
520.844.978 $
|
1.599 ETH
4.993.271 $
|
93 | 0.3% | |||
2 |
Mutant Ape Yacht Club
Ethereum
|
Kaufen
|
3,22 ETH
10.041,08 $
|
11.5% |
62.670 ETH
195.730.706 $
|
969,44 ETH
3.027.760 $
|
298 | 0.2% | |||
3 |
Pudgy Penguins
Ethereum
|
12,00 ETH
37.478 $
|
8.7% |
106.656 ETH
333.107.640 $
|
696,29 ETH
2.174.641 $
|
57 | 0.0% | ||||
4 |
Azuki
Ethereum
|
Kaufen
|
4,55 ETH
14.223,04 $
|
0.3% |
45.540 ETH
142.230.363 $
|
250,45 ETH
782.219 $
|
55 | 0.1% | |||
5 |
Milady Maker
Ethereum
|
Kaufen
|
4,89 ETH
15.274,56 $
|
3.7% |
48.792 ETH
152.409.541 $
|
193,76 ETH
605.237 $
|
40 | 0.2% | |||
6 |
DeGods
Ethereum
|
Kaufen
|
1,78 ETH
5.558,90 $
|
2.3% |
15.993 ETH
49.974.504 $
|
192,08 ETH
600.209 $
|
101 | 0.1% | |||
7 |
CryptoPunks
Ethereum
|
Kaufen
|
38,97 ETH
121.728 $
|
0.0% |
389.466 ETH
1.216.548.833 $
|
159,23 ETH
497.376 $
|
2 | 0.0% | |||
8 |
Lil Pudgys
Ethereum
|
0,99 ETH
3.099,89 $
|
3.1% |
21.488 ETH
67.121.960 $
|
153,85 ETH
480.557 $
|
150 | 0.0% | ||||
9 |
Captainz
Ethereum
|
3,27 ETH
10.209,73 $
|
1.5% |
32.687 ETH
102.087.082 $
|
151,84 ETH
474.238 $
|
47 | 0.1% | ||||
10 |
Bitcoin Puppets
Bitcoin
|
0,28 BTC
17.957,10 $
|
12.9% |
2.848 BTC
179.588.981 $
|
6,71 BTC
423.366 $
|
21 | 0.2% | ||||
11 |
Prometheans
Bitcoin
|
0,080 BTC
5.044,50 $
|
1.4% |
1.680 BTC
105.934.406 $
|
6,69 BTC
421.669 $
|
80 | 0.6% | ||||
12 |
Mocaverse
Ethereum
|
3,80 ETH
11.866,68 $
|
7.3% |
33.766 ETH
105.471.017 $
|
120,56 ETH
376.597 $
|
32 | 0.3% | ||||
13 |
Lasogette
Ethereum
|
0,55 ETH
1.703,70 $
|
19.6% |
4.224 ETH
13.191.777 $
|
120,58 ETH
376.587 $
|
213 | 0.5% | ||||
14 |
Redacted Remilio Babies
Ethereum
|
1,68 ETH
5.242,29 $
|
2.4% |
16.782 ETH
52.412.366 $
|
117,33 ETH
366.458 $
|
71 | 0.3% | ||||
15 |
Mad Lads
Solana
|
89,95 SOL
12.294,84 $
|
0.0% |
896.442 SOL
122.530.403 $
|
2.003 SOL
273.721 $
|
20 | 0.2% | ||||
16 |
Moonbirds
Ethereum
|
0,64 ETH
1.998,85 $
|
0.4% |
6.400 ETH
19.988.457 $
|
87,52 ETH
273.331 $
|
134 | 0.2% | ||||
17 |
Rune Pups
Bitcoin
|
0,069 BTC
4.364,75 $
|
15.6% |
746,16 BTC
47.043.243 $
|
4,00 BTC
251.886 $
|
42 | 0.2% | ||||
18 |
RSIC METAPROTOCOL
Bitcoin
|
0,042 BTC
2.648,36 $
|
13.5% |
882,00 BTC
55.615.563 $
|
3,89 BTC
245.236 $
|
80 | 0.2% | ||||
19 |
Doodles
Ethereum
|
1,56 ETH
4.882,24 $
|
3.5% |
15.627 ETH
48.812.596 $
|
77,12 ETH
240.901 $
|
49 | 0.0% | ||||
20 |
Froganas
Solana
|
2,13 SOL
290,05 $
|
5.9% |
11.810 SOL
1.611.235 $
|
1.761 SOL
240.298 $
|
754 | 0.2% | ||||
21 |
NodeMonkes
Bitcoin
|
0,35 BTC
22.321 $
|
12.2% |
3.540 BTC
223.210.579 $
|
3,71 BTC
233.898 $
|
9 | 0.6% | ||||
22 |
Clone X
Ethereum
|
0,59 ETH
1.830,45 $
|
4.8% |
11.482 ETH
35.865.799 $
|
74,08 ETH
231.387 $
|
126 | 0.1% | ||||
23 |
Forked Nouns
Ethereum
|
36,75 ETH
114.834 $
|
0.7% |
17.346 ETH
54.201.611 $
|
71,00 ETH
221.856 $
|
2 | 0.0% | ||||
24 |
Bored Ape Kennel Club
Ethereum
|
0,64 ETH
1.995,69 $
|
17.0% |
6.135 ETH
19.162.598 $
|
67,64 ETH
211.290 $
|
101 | 0.2% | ||||
25 |
rektguy
Ethereum
|
0,41 ETH
1.274,41 $
|
9.1% |
3.596 ETH
11.232.653 $
|
65,63 ETH
204.989 $
|
156 | 0.5% | ||||
26 |
WHAT THE FFFF
Ethereum
|
0,011 ETH
34,28 $
|
0.0% |
11,00 ETH
34.281 $
|
59,34 ETH
184.916 $
|
- | 0.0% | ||||
27 |
Quantum Cats
Bitcoin
|
0,40 BTC
25.222 $
|
0.5% |
1.333 BTC
84.066.518 $
|
2,81 BTC
177.503 $
|
7 | 1.3% | ||||
28 |
Azuki Elementals
Ethereum
|
0,41 ETH
1.290,06 $
|
1.6% |
6.515 ETH
20.349.404 $
|
53,02 ETH
165.600 $
|
120 | 0.0% | ||||
29 |
My Pet Hooligan
Ethereum
|
0,49 ETH
1.527,46 $
|
1.2% |
4.346 ETH
13.576.027 $
|
52,95 ETH
165.408 $
|
89 | 0.1% | ||||
30 |
BEEPLE - GENESIS COLLECTION
Ethereum
|
79,00 ETH
246.854 $
|
73.4% |
8.058 ETH
25.179.095 $
|
50,00 ETH
156.237 $
|
1 | 0.0% | ||||
31 |
CyberKongz (Babies)
Ethereum
|
0,98 ETH
3.054,91 $
|
11.9% |
3.912 ETH
12.219.646 $
|
43,13 ETH
134.716 $
|
49 | 0.1% | ||||
32 |
Runestone
Bitcoin
|
0,026 BTC
1.670,93 $
|
11.1% |
2.978 BTC
187.812.092 $
|
2,11 BTC
133.228 $
|
80 | 0.1% | ||||
33 |
INK
Bitcoin
|
0,020 BTC
1.235,90 $
|
9.5% |
196,00 BTC
12.359.014 $
|
1,94 BTC
122.020 $
|
80 | 0.6% | ||||
34 |
Ordinal Maxi Biz (OMB)
Bitcoin
|
0,42 BTC
26.521 $
|
0.0% |
883,24 BTC
55.693.690 $
|
1,84 BTC
116.247 $
|
4 | 0.0% | ||||
35 |
Kanpai Pandas
Ethereum
|
1,64 ETH
5.106,43 $
|
6.0% |
13.020 ETH
40.662.472 $
|
35,88 ETH
112.060 $
|
22 | 0.1% | ||||
36 |
Solana Monkey Business
Solana
|
36,94 SOL
5.048,05 $
|
0.1% |
184.441 SOL
25.204.914 $
|
769,41 SOL
105.144 $
|
18 | 0.2% | ||||
37 |
Bit Bears by Berachain
Ethereum
|
4,29 ETH
13.409,75 $
|
0.3% |
9.784 ETH
30.560.820 $
|
33,00 ETH
103.077 $
|
8 | 0.1% | ||||
38 |
mfers
Ethereum
|
0,49 ETH
1.529,33 $
|
11.3% |
4.905 ETH
15.322.357 $
|
30,88 ETH
96.459 $
|
68 | 0.1% | ||||
39 |
TOPIA Worlds
Ethereum
|
0,94 ETH
2.935,80 $
|
36.6% |
9.399 ETH
29.355.111 $
|
30,57 ETH
95.485 $
|
30 | 0.9% | ||||
40 |
L3E7 Worlds
Ethereum
|
6,60 ETH
20.613 $
|
16.0% |
3.960 ETH
12.367.858 $
|
28,94 ETH
90.385 $
|
5 | 0.3% | ||||
41 |
sharx by sharky.fi
Solana
|
3,24 SOL
442,22 $
|
8.5% |
32.709 SOL
4.469.928 $
|
647,21 SOL
88.445 $
|
209 | 1.0% | ||||
42 |
PX Quest
Ethereum
|
0,69 ETH
2.169,36 $
|
3.4% |
5.209 ETH
16.270.216 $
|
26,10 ETH
81.529 $
|
39 | 0.2% | ||||
43 |
PXQuest Adventurer
Ethereum
|
0,69 ETH
2.169,06 $
|
3.4% |
5.209 ETH
16.267.949 $
|
26,10 ETH
81.518 $
|
39 | 0.2% | ||||
44 |
Pixelmon
Ethereum
|
1,60 ETH
4.997,81 $
|
2.6% |
20.106 ETH
62.802.486 $
|
25,39 ETH
79.313 $
|
12 | 0.1% | ||||
45 |
Otherdeed for Otherside
Ethereum
|
0,20 ETH
615,23 $
|
5.1% |
9.298 ETH
29.051.807 $
|
25,10 ETH
78.423 $
|
73 | 0.0% | ||||
46 |
Chromie Squiggle by Snowfro
Ethereum
|
5,50 ETH
17.179,97 $
|
5.2% |
54.967 ETH
171.696.653 $
|
21,87 ETH
68.317 $
|
3 | 0.0% | ||||
47 |
Ultiverse - Electric Sheep
Ethereum
|
1,46 ETH
4.567,69 $
|
0.0% |
10.236 ETH
31.973.805 $
|
21,59 ETH
67.450 $
|
15 | 0.1% | ||||
48 |
Persona
Ethereum
|
0,24 ETH
734,05 $
|
16.9% |
2.086 ETH
6.514.724 $
|
21,42 ETH
66.907 $
|
89 | 0.5% | ||||
49 |
Overworld Incarna
Ethereum
|
1,29 ETH
4.028,92 $
|
6.5% |
7.740 ETH
24.173.522 $
|
21,18 ETH
66.154 $
|
16 | 0.2% | ||||
50 |
MATR1X KUKU
Ethereum
|
1,69 ETH
5.280,80 $
|
14.3% |
11.266 ETH
35.201.799 $
|
21,04 ETH
65.747 $
|
14 | 0.2% | ||||
51 |
CryptoDickbutts
Ethereum
|
0,40 ETH
1.236,96 $
|
7.0% |
2.058 ETH
6.429.702 $
|
20,82 ETH
65.025 $
|
48 | 0.1% | ||||
52 |
Claynosaurz
Solana
|
13,93 SOL
1.904,16 $
|
3.3% |
139.310 SOL
19.041.561 $
|
475,31 SOL
64.967 $
|
26 | 0.3% | ||||
53 |
Terraforms by Mathcastles
Ethereum
|
1,00 ETH
3.123,19 $
|
4.8% |
9.911 ETH
30.953.969 $
|
20,72 ETH
64.713 $
|
20 | 0.3% | ||||
54 |
BEEPLE - SPRING/SUMMER COLLECTION 2021
Ethereum
|
10,50 ETH
32.798 $
|
16.7% |
5.365 ETH
16.759.843 $
|
20,00 ETH
62.473 $
|
1 | 0.0% | ||||
55 |
Pizza Ninjas
Bitcoin
|
0,15 BTC
9.457,06 $
|
8.0% |
225,00 BTC
14.185.597 $
|
0,91 BTC
57.430 $
|
6 | 0.0% | ||||
56 |
Apostles of Greed 🟠
Bitcoin
|
0,018 BTC
1.103,48 $
|
19.5% |
48,44 BTC
3.054.442 $
|
0,83 BTC
52.206 $
|
38 | 0.7% | ||||
57 |
Honey Badgers
Bitcoin
|
0,024 BTC
1.512,66 $
|
14.3% |
239,90 BTC
15.126.616 $
|
0,82 BTC
51.587 $
|
31 | 0.2% | ||||
58 |
TODAY - Ancient Seed
Ethereum
|
1,40 ETH
4.372,48 $
|
7.8% |
1.088 ETH
3.397.413 $
|
16,43 ETH
51.314 $
|
11 | 6.1% | ||||
59 |
Rune Doors
Bitcoin
|
0,009 BTC
592,73 $
|
24.8% |
94,00 BTC
5.927.282 $
|
0,81 BTC
51.293 $
|
80 | 0.6% | ||||
60 |
Honey Comb
Ethereum
|
0,30 ETH
936,96 $
|
13.4% |
4.926 ETH
15.384.866 $
|
16,10 ETH
50.281 $
|
55 | 0.3% | ||||
61 |
Skyborne - NexianGems
Ethereum
|
0,95 ETH
2.958,08 $
|
4.9% |
3.156 ETH
9.859.277 $
|
15,84 ETH
49.478 $
|
17 | 0.4% | ||||
62 |
MAX PAIN AND FRENS BY XCOPY
Ethereum
|
0,60 ETH
1.874,18 $
|
0.2% |
4.181 ETH
13.061.153 $
|
15,57 ETH
48.625 $
|
9 | 0.0% | ||||
63 |
Bitcoin Punks
Bitcoin
|
0,030 BTC
1.878,44 $
|
24.2% |
297,90 BTC
18.784.377 $
|
0,75 BTC
47.254 $
|
28 | 0.0% | ||||
64 |
Meebits
Ethereum
|
0,62 ETH
1.933,53 $
|
1.6% |
12.379 ETH
38.668.625 $
|
14,97 ETH
46.757 $
|
23 | 0.1% | ||||
65 |
SchizoPosters
Ethereum
|
0,48 ETH
1.489,45 $
|
11.7% |
2.649 ETH
8.272.417 $
|
14,96 ETH
46.710 $
|
30 | 0.5% | ||||
66 |
Sappy Seals
Ethereum
|
0,73 ETH
2.267,44 $
|
2.8% |
7.257 ETH
22.667.639 $
|
14,01 ETH
43.755 $
|
20 | 0.5% | ||||
67 |
RΞMNANTS
Ethereum
|
7,50 ETH
23.427 $
|
25.2% |
1.875 ETH
5.856.809 $
|
14,00 ETH
43.731 $
|
1 | 0.0% | ||||
68 |
BEANZ Official
Ethereum
|
0,24 ETH
737,18 $
|
4.4% |
4.708 ETH
14.706.682 $
|
13,42 ETH
41.907 $
|
53 | 0.0% | ||||
69 |
Nobody
Ethereum
|
0,15 ETH
471,60 $
|
7.2% |
1.510 ETH
4.716.027 $
|
12,91 ETH
40.327 $
|
82 | 0.1% | ||||
70 |
FLUF World
Ethereum
|
0,50 ETH
1.562,05 $
|
5.3% |
4.999 ETH
15.620.538 $
|
12,85 ETH
40.149 $
|
15 | 0.2% | ||||
71 |
Muraqqa
Ethereum
|
4,50 ETH
14.025,78 $
|
12.8% |
499,50 ETH
1.556.862 $
|
12,79 ETH
39.864 $
|
4 | 3.8% | ||||
72 |
Sproto Gremlins
Ethereum
|
0,34 ETH
1.067,97 $
|
11.8% |
1.139 ETH
3.556.339 $
|
12,76 ETH
39.846 $
|
38 | 0.5% | ||||
73 |
Pudgy Rods
Ethereum
|
0,22 ETH
686,57 $
|
2.2% |
1.625 ETH
5.077.216 $
|
12,72 ETH
39.728 $
|
55 | 0.0% | ||||
74 |
The Wizards of Ord
Bitcoin
|
0,028 BTC
1.790,80 $
|
13.1% |
94,66 BTC
5.968.723 $
|
0,59 BTC
37.508 $
|
22 | 0.2% | ||||
75 |
Bitcoin Wizards
Bitcoin
|
0,28 BTC
17.655,07 $
|
5.0% |
374,64 BTC
23.622.489 $
|
0,59 BTC
37.069 $
|
2 | 0.4% | ||||
76 |
Pixels - Farm Land
Ethereum
|
1,65 ETH
5.145,50 $
|
0.8% |
8.236 ETH
25.727.479 $
|
11,32 ETH
35.360 $
|
6 | 0.2% | ||||
77 |
Async Blueprints
Ethereum
|
0,007 ETH
21,82 $
|
0.0% |
169,55 ETH
528.532 $
|
11,15 ETH
34.757 $
|
5 | 0.0% | ||||
78 |
Blond
Ethereum
|
2,67 ETH
8.320,49 $
|
3.5% |
42,72 ETH
133.128 $
|
10,47 ETH
32.628 $
|
4 | 0.0% | ||||
79 |
Ape Odyssey
Bitcoin
|
0,009 BTC
561,20 $
|
10.7% |
44,50 BTC
2.806.001 $
|
0,51 BTC
32.444 $
|
59 | 0.1% | ||||
80 |
CEDEN Keystone NFT Nodes
Ethereum
|
0,12 ETH
371,35 $
|
28.6% |
1.189 ETH
3.713.481 $
|
10,38 ETH
32.416 $
|
86 | 1.8% | ||||
81 |
Natcats
Bitcoin
|
0,034 BTC
2.122,45 $
|
11.4% |
271,43 BTC
17.115.427 $
|
0,51 BTC
32.258 $
|
14 | 0.3% | ||||
82 |
Wassies by Wassies
Ethereum
|
0,63 ETH
1.967,61 $
|
30.3% |
6.076 ETH
18.975.667 $
|
9,95 ETH
31.073 $
|
18 | 0.1% | ||||
83 |
ALTS by adidas
Ethereum
|
0,042 ETH
132,11 $
|
32.9% |
848,79 ETH
2.650.944 $
|
9,34 ETH
29.166 $
|
192 | 0.3% | ||||
84 |
Cool Cats
Ethereum
|
0,48 ETH
1.499,34 $
|
1.6% |
4.785 ETH
14.945.421 $
|
9,19 ETH
28.721 $
|
18 | 0.0% | ||||
85 |
Bridgeworld Consumables
Arbitrum One
|
0,0001 ETH
0,308270 $
|
0.0% |
0,002 ETH
6,17 $
|
9,02 ETH
28.104 $
|
2.459 | 0.2% | ||||
86 |
Murakami.Flowers Official
Ethereum
|
0,20 ETH
624,73 $
|
9.0% |
2.031 ETH
6.342.846 $
|
8,90 ETH
27.795 $
|
39 | 0.0% | ||||
87 |
DogePunks
Bitcoin
|
0,005 BTC
343,66 $
|
172.5% |
54,50 BTC
3.436.563 $
|
0,44 BTC
27.520 $
|
80 | 1.6% | ||||
88 |
Mittaria Genesis
Ethereum
|
0,15 ETH
467,39 $
|
21.2% |
332,63 ETH
1.038.536 $
|
8,54 ETH
26.675 $
|
56 | 0.9% | ||||
89 |
The Grapes
Ethereum
|
0,27 ETH
838,58 $
|
27.3% |
894,91 ETH
2.794.981 $
|
8,43 ETH
26.335 $
|
36 | 1.4% | ||||
90 |
Tiny Vikings
Bitcoin
|
0,005 BTC
314,65 $
|
0.2% |
99,80 BTC
6.293.008 $
|
0,42 BTC
26.228 $
|
80 | 0.2% | ||||
91 |
Primera by Mitchell and Yun
Ethereum
|
2,69 ETH
8.401,40 $
|
144.5% |
1.076 ETH
3.360.559 $
|
8,17 ETH
25.517 $
|
7 | 2.4% | ||||
92 |
Solcasino.io
Solana
|
16,85 SOL
2.302,07 $
|
6.2% |
84.229 SOL
11.510.367 $
|
183,78 SOL
25.114 $
|
11 | 6.0% | ||||
93 |
Sam Spratt - LUCI: Chapter 5 - The Monument Game
Ethereum
|
Kaufen
|
10,69 ETH
33.387 $
|
25.0% |
2.737 ETH
8.547.064 $
|
7,97 ETH
24.889 $
|
1 | 0.7% | |||
94 |
The Memes by 6529
Ethereum
|
0,029 ETH
89,42 $
|
0.0% |
5,14 ETH
16.005,81 $
|
7,91 ETH
24.656 $
|
63 | 0.1% | ||||
95 |
Nouns
Ethereum
|
Kaufen
|
10,05 ETH
31.392 $
|
30.5% |
10.995 ETH
34.343.391 $
|
7,70 ETH
24.052 $
|
1 | 0.4% | |||
96 |
RG Bytes
Ethereum
|
0,40 ETH
1.236,96 $
|
4.5% |
1.980 ETH
6.183.553 $
|
7,60 ETH
23.733 $
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20 | 0.1% | ||||
97 |
World of Women
Ethereum
|
0,49 ETH
1.545,98 $
|
10.0% |
4.950 ETH
15.459.822 $
|
7,44 ETH
23.235 $
|
16 | 0.1% | ||||
98 |
Opepen Edition
Ethereum
|
0,16 ETH
495,10 $
|
7.9% |
2.536 ETH
7.921.530 $
|
7,36 ETH
22.992 $
|
27 | 0.2% | ||||
99 |
The Potatoz
Ethereum
|
1,90 ETH
5.925,53 $
|
2.4% |
18.968 ETH
59.249.364 $
|
7,36 ETH
22.984 $
|
4 | 0.1% | ||||
100 |
Wild Forest Lords
Ronin
|
630,00 RON
1.702,14 $
|
26.0% |
630.000 RON
1.702.144 $
|
7.710 RON
20.831 $
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0 | 1.1% |
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.