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 |
Azuki
Ethereum
|
Kaufen
|
4,97 ETH
14.791,76 $
|
1.2% |
49.699 ETH
147.917.578 $
|
616,86 ETH
1.835.936 $
|
120 | 0.2% | |||
2 |
Pudgy Penguins
Ethereum
|
12,22 ETH
36.364 $
|
6.9% |
108.611 ETH
323.199.138 $
|
463,05 ETH
1.377.904 $
|
38 | 0.1% | ||||
3 |
CryptoPunks
Ethereum
|
Kaufen
|
38,69 ETH
115.152 $
|
0.7% |
386.668 ETH
1.150.831.388 $
|
427,48 ETH
1.272.300 $
|
5 | 0.0% | |||
4 |
Mutant Ape Yacht Club
Ethereum
|
Kaufen
|
2,65 ETH
7.876,84 $
|
1.5% |
51.578 ETH
153.543.239 $
|
390,69 ETH
1.163.039 $
|
148 | 0.0% | |||
5 |
Bored Ape Yacht Club
Ethereum
|
Kaufen
|
14,78 ETH
44.001 $
|
4.2% |
147.810 ETH
439.925.065 $
|
347,84 ETH
1.035.269 $
|
24 | 0.0% | |||
6 |
Kanpai Pandas
Ethereum
|
1,40 ETH
4.152,76 $
|
14.4% |
11.111 ETH
33.076.699 $
|
289,91 ETH
863.018 $
|
199 | 0.7% | ||||
7 |
Mall Street SPL404
Solana
|
0,61 SOL
88,71 $
|
34.6% |
3.384 SOL
493.823 $
|
5.389 SOL
786.488 $
|
9.215 | 0.0% | ||||
8 |
Candy Collective: Genesis Collection
Ethereum
|
0,42 ETH
1.246,31 $
|
3.0% |
840,00 ETH
2.492.625 $
|
206,42 ETH
612.526 $
|
489 | 0.4% | ||||
9 |
Solana Monkey Business
Solana
|
26,62 SOL
3.883,34 $
|
15.7% |
132.914 SOL
19.389.498 $
|
3.646 SOL
531.856 $
|
119 | 0.1% | ||||
10 |
Bitcoin Puppets
Bitcoin
|
0,20 BTC
12.565,82 $
|
16.7% |
1.999 BTC
125.670.792 $
|
8,26 BTC
519.348 $
|
39 | 0.1% | ||||
11 |
IO: Imaginary Ones
Ethereum
|
1,02 ETH
3.026,88 $
|
21.7% |
9.039 ETH
26.902.870 $
|
173,07 ETH
515.091 $
|
154 | 0.7% | ||||
12 |
Lil Pudgys
Ethereum
|
1,02 ETH
3.035,61 $
|
0.3% |
22.091 ETH
65.745.281 $
|
142,11 ETH
422.935 $
|
136 | 0.0% | ||||
13 |
Milady Maker
Ethereum
|
Kaufen
|
4,50 ETH
13.395,99 $
|
2.1% |
44.901 ETH
133.665.150 $
|
133,03 ETH
396.019 $
|
29 | 0.0% | |||
14 |
Redacted Remilio Babies
Ethereum
|
1,60 ETH
4.758,21 $
|
3.3% |
15.987 ETH
47.572.562 $
|
95,22 ETH
283.354 $
|
58 | 0.0% | ||||
15 |
Captainz
Ethereum
|
3,04 ETH
9.016,47 $
|
3.4% |
30.377 ETH
90.155.713 $
|
95,31 ETH
282.863 $
|
32 | 0.1% | ||||
16 |
Mutantmon
Solana
|
1,57 SOL
229,67 $
|
8.4% |
15.729 SOL
2.295.502 $
|
1.810 SOL
264.168 $
|
1.227 | 0.0% | ||||
17 |
DeGods
Ethereum
|
Kaufen
|
2,16 ETH
6.416,86 $
|
1.0% |
19.382 ETH
57.687.547 $
|
83,72 ETH
249.181 $
|
39 | 0.1% | |||
18 |
DigiDaigaku
Ethereum
|
2,60 ETH
7.731,78 $
|
17.0% |
5.253 ETH
15.633.654 $
|
82,01 ETH
244.092 $
|
33 | 0.9% | ||||
19 |
NodeMonkes
Bitcoin
|
0,28 BTC
17.603,61 $
|
17.2% |
2.800 BTC
176.036.076 $
|
3,53 BTC
222.063 $
|
11 | 0.1% | ||||
20 |
Doodles
Ethereum
|
1,83 ETH
5.445,60 $
|
5.2% |
18.296 ETH
54.445.146 $
|
73,63 ETH
219.112 $
|
41 | 0.0% | ||||
21 |
Forked Nouns
Ethereum
|
36,75 ETH
109.371 $
|
0.7% |
17.346 ETH
51.623.263 $
|
71,00 ETH
211.302 $
|
2 | 0.0% | ||||
22 |
mfers
Ethereum
|
0,38 ETH
1.127,94 $
|
1.3% |
3.797 ETH
11.300.813 $
|
66,25 ETH
197.170 $
|
169 | 0.1% | ||||
23 |
Mad Lads
Solana
|
69,00 SOL
10.057,60 $
|
1.8% |
687.654 SOL
100.234.034 $
|
1.231 SOL
179.379 $
|
16 | 0.1% | ||||
24 |
WHAT THE FFFF
Ethereum
|
0,011 ETH
32,77 $
|
0.0% |
11,00 ETH
32.766 $
|
59,34 ETH
176.744 $
|
- | 0.0% | ||||
25 |
Azuki Elementals
Ethereum
|
0,49 ETH
1.462,28 $
|
4.1% |
7.880 ETH
23.447.636 $
|
58,48 ETH
174.027 $
|
71 | 0.3% | ||||
26 |
HV-MTL
Ethereum
|
0,070 ETH
208,08 $
|
15.0% |
1.983 ETH
5.902.520 $
|
53,53 ETH
159.346 $
|
757 | 0.3% | ||||
27 |
YOU THE REAL MVP
Ethereum
|
69,00 ETH
205.405 $
|
68.7% |
28.980 ETH
86.270.151 $
|
40,89 ETH
121.738 $
|
1 | 0.0% | ||||
28 |
Froganas
Solana
|
1,23 SOL
179,59 $
|
6.0% |
6.838 SOL
997.628 $
|
820,58 SOL
119.714 $
|
638 | 0.2% | ||||
29 |
Wrapped Cryptopunks
Ethereum
|
43,99 ETH
130.903 $
|
10.0% |
37.523 ETH
111.660.080 $
|
39,99 ETH
119.000 $
|
1 | 2.2% | ||||
30 |
Lasogette
Ethereum
|
0,35 ETH
1.035,48 $
|
10.3% |
2.702 ETH
8.017.694 $
|
37,13 ETH
110.209 $
|
107 | 0.1% | ||||
31 |
PalioAI Aura
Ethereum
|
0,35 ETH
1.029,81 $
|
3.3% |
1.157 ETH
3.432.372 $
|
36,60 ETH
108.613 $
|
104 | 0.7% | ||||
32 |
My Pet Hooligan
Ethereum
|
0,35 ETH
1.027,03 $
|
0.6% |
3.066 ETH
9.128.204 $
|
36,28 ETH
107.994 $
|
104 | 0.2% | ||||
33 |
Pixelmon
Ethereum
|
1,37 ETH
4.052,97 $
|
0.3% |
17.165 ETH
50.929.566 $
|
33,87 ETH
100.487 $
|
18 | 0.1% | ||||
34 |
BoredMilady
Ethereum
|
0,060 ETH
178,08 $
|
38.1% |
412,85 ETH
1.225.349 $
|
32,26 ETH
95.761 $
|
422 | 0.5% | ||||
35 |
Bitcoin Frogs
Bitcoin
|
0,067 BTC
4.211,66 $
|
6.3% |
670,00 BTC
42.116.564 $
|
1,52 BTC
95.550 $
|
22 | 0.2% | ||||
36 |
Ordinal Maxi Biz (OMB)
Bitcoin
|
0,38 BTC
24.050 $
|
0.8% |
804,05 BTC
50.505.650 $
|
1,49 BTC
93.405 $
|
3 | 0.0% | ||||
37 |
CyberV
Ethereum
|
0,36 ETH
1.075,80 $
|
14.5% |
751,46 ETH
2.234.437 $
|
27,99 ETH
83.233 $
|
81 | 0.6% | ||||
38 |
Natcats
Bitcoin
|
0,029 BTC
1.816,67 $
|
3.2% |
233,05 BTC
14.649.624 $
|
1,30 BTC
82.026 $
|
38 | 0.1% | ||||
39 |
Azra Games - The Hopeful
Ethereum
|
1,40 ETH
4.151,91 $
|
0.3% |
7.749 ETH
23.063.855 $
|
27,54 ETH
81.963 $
|
21 | 0.1% | ||||
40 |
MATR1X KUKU
Ethereum
|
1,78 ETH
5.297,44 $
|
1.1% |
11.865 ETH
35.312.740 $
|
26,51 ETH
78.910 $
|
15 | 0.1% | ||||
41 |
Moonbirds
Ethereum
|
0,76 ETH
2.249,67 $
|
3.8% |
7.580 ETH
22.496.664 $
|
25,56 ETH
75.858 $
|
34 | 0.1% | ||||
42 |
BEANZ Official
Ethereum
|
0,28 ETH
839,48 $
|
0.7% |
5.626 ETH
16.747.662 $
|
25,04 ETH
74.546 $
|
68 | 0.0% | ||||
43 |
Skyborne - NexianGems
Ethereum
|
1,09 ETH
3.234,06 $
|
16.2% |
3.633 ETH
10.779.128 $
|
23,98 ETH
71.147 $
|
22 | 0.2% | ||||
44 |
Ultiverse - Electric Sheep
Ethereum
|
0,96 ETH
2.834,22 $
|
3.2% |
6.685 ETH
19.839.511 $
|
20,88 ETH
61.974 $
|
22 | 0.3% | ||||
45 |
Rune Pups
Bitcoin
|
0,043 BTC
2.671,57 $
|
20.4% |
458,07 BTC
28.794.215 $
|
0,98 BTC
61.774 $
|
22 | 3.3% | ||||
46 |
RSIC METAPROTOCOL
Bitcoin
|
0,029 BTC
1.821,61 $
|
2.0% |
609,00 BTC
38.253.848 $
|
0,98 BTC
61.632 $
|
31 | 0.2% | ||||
47 |
Otherdeed for Otherside
Ethereum
|
0,21 ETH
633,04 $
|
5.1% |
10.072 ETH
29.892.710 $
|
20,38 ETH
60.495 $
|
47 | 0.0% | ||||
48 |
Clone X
Ethereum
|
0,59 ETH
1.745,05 $
|
1.8% |
11.524 ETH
34.199.411 $
|
18,83 ETH
55.877 $
|
26 | 0.0% | ||||
49 |
Pixels - Farm Land
Ethereum
|
1,50 ETH
4.464,39 $
|
1.1% |
7.500 ETH
22.321.943 $
|
18,61 ETH
55.383 $
|
11 | 0.2% | ||||
50 |
DeGods (Solana)
Solana
|
44,12 SOL
6.427,87 $
|
0.0% |
167.241 SOL
24.368.064 $
|
371,94 SOL
54.195 $
|
9 | 0.0% | ||||
51 |
Runestone
Bitcoin
|
0,010 BTC
637,41 $
|
5.9% |
1.140 BTC
71.644.424 $
|
0,85 BTC
53.570 $
|
80 | 0.1% | ||||
52 |
Persona
Ethereum
|
0,22 ETH
654,78 $
|
6.3% |
1.953 ETH
5.811.185 $
|
17,82 ETH
53.024 $
|
86 | 0.1% | ||||
53 |
RG Bytes
Ethereum
|
0,35 ETH
1.032,83 $
|
5.7% |
1.740 ETH
5.163.109 $
|
17,01 ETH
50.474 $
|
47 | 0.0% | ||||
54 |
Quantum Cats
Bitcoin
|
0,38 BTC
24.023 $
|
1.4% |
1.274 BTC
80.067.738 $
|
0,78 BTC
48.865 $
|
2 | 0.0% | ||||
55 |
Pirate Nation - Founder's Pirates
Ethereum
|
1,06 ETH
3.154,86 $
|
76.7% |
10.599 ETH
31.545.401 $
|
15,34 ETH
45.665 $
|
15 | 0.0% | ||||
56 |
VeeFriends
Ethereum
|
0,99 ETH
2.944,11 $
|
2.0% |
10.142 ETH
30.191.821 $
|
14,68 ETH
43.711 $
|
15 | 0.1% | ||||
57 |
Solcasino.io
Solana
|
20,60 SOL
3.005,14 $
|
3.1% |
103.000 SOL
15.025.681 $
|
283,63 SOL
41.377 $
|
13 | 0.0% | ||||
58 |
L3E7 Worlds
Ethereum
|
4,65 ETH
13.800,72 $
|
0.7% |
2.790 ETH
8.280.433 $
|
13,86 ETH
41.128 $
|
3 | 0.6% | ||||
59 |
Photo Finish PFP Collection
Solana
|
10,89 SOL
1.588,62 $
|
8.9% |
163.349 SOL
23.829.344 $
|
280,78 SOL
40.961 $
|
23 | 0.4% | ||||
60 |
Sword of Grandia
Ethereum
|
0,27 ETH
795,07 $
|
7.2% |
134,00 ETH
397.535 $
|
13,01 ETH
38.606 $
|
51 | 6.2% | ||||
61 |
Muraqqa
Ethereum
|
4,50 ETH
13.340,92 $
|
12.8% |
499,50 ETH
1.480.842 $
|
12,79 ETH
37.918 $
|
4 | 3.8% | ||||
62 |
Opepen Edition
Ethereum
|
0,15 ETH
430,35 $
|
1.8% |
2.320 ETH
6.885.522 $
|
12,32 ETH
36.570 $
|
82 | 0.1% | ||||
63 |
Emby
Ethereum
|
0,24 ETH
726,89 $
|
4.0% |
673,48 ETH
1.998.947 $
|
12,20 ETH
36.225 $
|
49 | 0.7% | ||||
64 |
Honey Comb
Ethereum
|
0,31 ETH
937,12 $
|
9.0% |
5.169 ETH
15.387.570 $
|
11,93 ETH
35.520 $
|
39 | 0.2% | ||||
65 |
Bored Ape Kennel Club
Ethereum
|
0,52 ETH
1.532,78 $
|
0.0% |
4.945 ETH
14.717.788 $
|
11,73 ETH
34.902 $
|
23 | 0.0% | ||||
66 |
Prometheans
Bitcoin
|
0,010 BTC
628,70 $
|
9.7% |
210,00 BTC
13.202.706 $
|
0,54 BTC
34.165 $
|
50 | 0.1% | ||||
67 |
Themes and Variations by Vera Molnár
Ethereum
|
3,30 ETH
9.819,94 $
|
5.8% |
1.650 ETH
4.909.971 $
|
10,72 ETH
31.900 $
|
3 | 0.4% | ||||
68 |
Overworld Incarna
Ethereum
|
1,18 ETH
3.511,79 $
|
3.3% |
7.080 ETH
21.070.720 $
|
10,66 ETH
31.725 $
|
9 | 0.0% | ||||
69 |
Imaginary Rides
Ethereum
|
0,085 ETH
252,64 $
|
3.5% |
1.179 ETH
3.508.669 $
|
10,46 ETH
31.128 $
|
118 | 3.7% | ||||
70 |
SchizoPosters
Ethereum
|
0,73 ETH
2.163,32 $
|
5.8% |
4.037 ETH
12.015.063 $
|
10,45 ETH
31.092 $
|
11 | 0.1% | ||||
71 |
Blond
Ethereum
|
2,67 ETH
7.909,42 $
|
3.5% |
42,72 ETH
126.551 $
|
10,47 ETH
31.016 $
|
4 | 0.0% | ||||
72 |
Wolf Game
Ethereum
|
0,12 ETH
365,04 $
|
13.1% |
1.575 ETH
4.673.649 $
|
10,02 ETH
29.724 $
|
48 | 0.7% | ||||
73 |
Celestine Sloth Society
Stargaze
|
216.000 STARS
4.289,74 $
|
5.4% |
540.000.000 STARS
10.724.339 $
|
1.469.289 STARS
29.180 $
|
7 | 0.1% | ||||
74 |
TinFun
Ethereum
|
0,17 ETH
505,94 $
|
0.6% |
1.700 ETH
5.059.354 $
|
9,72 ETH
28.934 $
|
62 | 0.0% | ||||
75 |
Prime Navigator
Ethereum
|
0,75 ETH
2.220,32 $
|
11.9% |
2.289 ETH
6.785.288 $
|
9,69 ETH
28.728 $
|
13 | 0.2% | ||||
76 |
Sappy Seals
Ethereum
|
0,50 ETH
1.475,05 $
|
2.5% |
4.969 ETH
14.746.026 $
|
9,40 ETH
27.894 $
|
19 | 0.3% | ||||
77 |
CHADS
Solana
|
3,76 SOL
548,07 $
|
76.5% |
20.345 SOL
2.965.587 $
|
189,39 SOL
27.606 $
|
48 | 1.1% | ||||
78 |
Wassies by Wassies
Ethereum
|
0,50 ETH
1.485,16 $
|
8.4% |
4.812 ETH
14.322.914 $
|
9,07 ETH
27.000 $
|
19 | 0.2% | ||||
79 |
Async Blueprints
Ethereum
|
0,005 ETH
14,87 $
|
0.0% |
121,11 ETH
360.068 $
|
9,02 ETH
26.817 $
|
1 | 0.0% | ||||
80 |
OverTrip Founder's ID
Ethereum
|
0,18 ETH
542,30 $
|
10.3% |
162,42 ETH
481.558 $
|
9,02 ETH
26.731 $
|
49 | 0.3% | ||||
81 |
OnChainMonkey (OCM) Genesis
Bitcoin
|
0,053 BTC
3.300,02 $
|
0.0% |
525,00 BTC
33.000.156 $
|
0,42 BTC
26.406 $
|
3 | 0.1% | ||||
82 |
BEEPLE: EVERYDAYS - THE 2020 COLLECTION
Ethereum
|
8,00 ETH
23.809 $
|
6.7% |
5.768 ETH
17.166.089 $
|
8,00 ETH
23.809 $
|
1 | 0.3% | ||||
83 |
TENJIN
Ethereum
|
0,17 ETH
505,60 $
|
5.1% |
1.359 ETH
4.044.263 $
|
7,98 ETH
23.757 $
|
47 | 0.2% | ||||
84 |
Parallel Avatars
Ethereum
|
0,73 ETH
2.157,26 $
|
15.4% |
7.996 ETH
23.731.988 $
|
7,93 ETH
23.549 $
|
13 | 0.0% | ||||
85 |
Saku Monsters Generation I
Solana
|
0,86 SOL
125,16 $
|
8.8% |
14.373 SOL
2.096.854 $
|
161,12 SOL
23.506 $
|
114 | 0.0% | ||||
86 |
Meebits
Ethereum
|
0,60 ETH
1.782,80 $
|
6.0% |
11.977 ETH
35.654.165 $
|
7,71 ETH
22.946 $
|
13 | 0.0% | ||||
87 |
Mocaverse
Ethereum
|
3,69 ETH
10.981,77 $
|
2.8% |
32.797 ETH
97.605.975 $
|
7,60 ETH
22.606 $
|
2 | 0.1% | ||||
88 |
sharx by sharky.fi
Solana
|
1,76 SOL
256,02 $
|
16.4% |
17.740 SOL
2.587.851 $
|
151,99 SOL
22.172 $
|
83 | 0.6% | ||||
89 |
The Potatoz
Ethereum
|
1,90 ETH
5.646,00 $
|
2.4% |
18.968 ETH
56.454.364 $
|
7,36 ETH
21.899 $
|
4 | 0.1% | ||||
90 |
Sugartown Oras
Ethereum
|
0,14 ETH
431,18 $
|
6.5% |
960,25 ETH
2.857.461 $
|
7,24 ETH
21.533 $
|
49 | 0.3% | ||||
91 |
DigiDaigaku Heroes
Ethereum
|
0,36 ETH
1.068,77 $
|
5.3% |
693,88 ETH
2.060.582 $
|
7,19 ETH
21.352 $
|
24 | 0.0% | ||||
92 |
World of Women
Ethereum
|
0,43 ETH
1.279,57 $
|
6.1% |
4.300 ETH
12.795.651 $
|
6,97 ETH
20.733 $
|
16 | 0.0% | ||||
93 |
Project Godjira Genesis
Ethereum
|
6,92 ETH
20.592 $
|
12.9% |
2.304 ETH
6.857.176 $
|
6,70 ETH
19.937,46 $
|
1 | 0.0% | ||||
94 |
Checks
Ethereum
|
0,16 ETH
488,08 $
|
2.6% |
935,46 ETH
2.784.002 $
|
6,59 ETH
19.607,67 $
|
27 | 0.0% | ||||
95 |
Yogapetz
Ethereum
|
0,40 ETH
1.190,13 $
|
0.0% |
4.037 ETH
12.014.358 $
|
6,57 ETH
19.541,01 $
|
16 | 0.1% | ||||
96 |
merge
Ethereum
|
0,10 ETH
297,61 $
|
138.1% |
2.066 ETH
6.149.495 $
|
6,50 ETH
19.344,59 $
|
1 | 0.0% | ||||
97 |
Chromie Squiggle by Snowfro
Ethereum
|
5,20 ETH
15.428,57 $
|
2.8% |
51.969 ETH
154.193.089 $
|
6,50 ETH
19.285,71 $
|
1 | 0.0% | ||||
98 |
TOPIA Worlds
Ethereum
|
0,86 ETH
2.556,16 $
|
0.0% |
8.589 ETH
25.559.048 $
|
6,36 ETH
18.912,61 $
|
7 | 0.0% | ||||
99 |
YAYO NFT
Ethereum
|
0,22 ETH
652,60 $
|
18.5% |
801,71 ETH
2.379.387 $
|
6,28 ETH
18.630,67 $
|
28 | 0.9% | ||||
100 |
O.P.I.U.M.
Bitcoin
|
0,29 BTC
18.140,75 $
|
0.0% |
224,40 BTC
14.095.361 $
|
0,29 BTC
18.140,75 $
|
1 | 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 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.