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
|
14,48 ETH
42.225 $
|
1.7% |
144.751 ETH
422.168.466 $
|
715,88 ETH
2.087.868 $
|
50 | 0.0% | |||
2 |
Pudgy Penguins
Ethereum
|
11,78 ETH
34.346 $
|
4.2% |
104.673 ETH
305.265.980 $
|
486,31 ETH
1.418.274 $
|
42 | 1.0% | ||||
3 |
Mad Lads
Solana
|
57,40 SOL
8.315,47 $
|
10.0% |
572.088 SOL
82.871.999 $
|
8.296 SOL
1.201.819 $
|
126 | 0.4% | ||||
4 |
CryptoPunks
Ethereum
|
Kaufen
|
38,97 ETH
113.710 $
|
1.2% |
389.466 ETH
1.136.417.084 $
|
411,26 ETH
1.200.009 $
|
6 | 0.0% | |||
5 |
Mutant Ape Yacht Club
Ethereum
|
Kaufen
|
2,60 ETH
7.557,15 $
|
2.3% |
50.604 ETH
147.311.606 $
|
402,67 ETH
1.172.204 $
|
157 | 0.0% | |||
6 |
Bitcoin Puppets
Bitcoin
|
0,21 BTC
12.795,56 $
|
5.0% |
2.100 BTC
127.968.404 $
|
10,69 BTC
651.131 $
|
49 | 0.1% | ||||
7 |
Azuki
Ethereum
|
Kaufen
|
4,91 ETH
14.313,04 $
|
4.1% |
49.080 ETH
143.130.406 $
|
215,89 ETH
629.593 $
|
43 | 0.1% | |||
8 |
Milady Maker
Ethereum
|
Kaufen
|
4,44 ETH
12.959,89 $
|
0.6% |
44.342 ETH
129.313.807 $
|
173,16 ETH
504.992 $
|
39 | 0.0% | |||
9 |
DeGods
Ethereum
|
Kaufen
|
2,22 ETH
6.459,68 $
|
1.3% |
19.949 ETH
58.072.509 $
|
172,32 ETH
501.636 $
|
80 | 0.3% | |||
10 |
Quantum Cats
Bitcoin
|
0,39 BTC
23.786 $
|
17.4% |
1.303 BTC
79.279.485 $
|
7,33 BTC
446.124 $
|
18 | 0.0% | ||||
11 |
Mall Street SPL404
Solana
|
0,49 SOL
71,49 $
|
15.4% |
2.739 SOL
397.964 $
|
2.626 SOL
381.523 $
|
4.437 | 0.0% | ||||
12 |
NodeMonkes
Bitcoin
|
0,29 BTC
17.512,70 $
|
0.5% |
2.875 BTC
175.127.018 $
|
6,07 BTC
370.004 $
|
21 | 0.0% | ||||
13 |
Solana Monkey Business
Solana
|
26,62 SOL
3.856,14 $
|
13.8% |
132.914 SOL
19.253.709 $
|
2.517 SOL
364.634 $
|
85 | 0.2% | ||||
14 |
Bitcoin Frogs
Bitcoin
|
0,065 BTC
3.962,14 $
|
23.4% |
649,00 BTC
39.621.436 $
|
5,86 BTC
357.813 $
|
80 | 0.0% | ||||
15 |
Candy Collective: Genesis Collection
Ethereum
|
0,42 ETH
1.224,24 $
|
16.0% |
838,00 ETH
2.448.489 $
|
119,45 ETH
349.024 $
|
282 | 0.9% | ||||
16 |
Redacted Remilio Babies
Ethereum
|
1,56 ETH
4.549,14 $
|
1.7% |
15.624 ETH
45.482.292 $
|
87,53 ETH
254.811 $
|
58 | 0.2% | ||||
17 |
Mutantmon
Solana
|
1,47 SOL
214,67 $
|
6.3% |
14.712 SOL
2.145.606 $
|
1.611 SOL
235.010 $
|
923 | 0.0% | ||||
18 |
Forked Nouns
Ethereum
|
36,75 ETH
107.457 $
|
0.7% |
17.346 ETH
50.719.472 $
|
71,00 ETH
207.603 $
|
2 | 0.0% | ||||
19 |
Rune Pups
Bitcoin
|
0,043 BTC
2.606,81 $
|
22.1% |
461,84 BTC
28.096.217 $
|
3,15 BTC
191.661 $
|
80 | 5.2% | ||||
20 |
Ordinal Maxi Biz (OMB)
Bitcoin
|
0,39 BTC
23.482 $
|
0.3% |
810,58 BTC
49.312.294 $
|
3,15 BTC
191.389 $
|
8 | 0.1% | ||||
21 |
Captainz
Ethereum
|
3,00 ETH
8.740,21 $
|
1.3% |
29.967 ETH
87.393.369 $
|
64,97 ETH
189.467 $
|
22 | 0.0% | ||||
22 |
WHAT THE FFFF
Ethereum
|
0,011 ETH
32,02 $
|
0.0% |
11,00 ETH
32.023 $
|
59,34 ETH
172.736 $
|
- | 0.0% | ||||
23 |
Lil Pudgys
Ethereum
|
0,98 ETH
2.842,09 $
|
5.2% |
21.151 ETH
61.553.878 $
|
58,19 ETH
169.333 $
|
62 | 0.0% | ||||
24 |
Sappy Seals
Ethereum
|
0,51 ETH
1.495,97 $
|
1.8% |
5.128 ETH
14.955.224 $
|
55,62 ETH
162.203 $
|
111 | 0.2% | ||||
25 |
Kanpai Pandas
Ethereum
|
1,50 ETH
4.385,98 $
|
2.3% |
11.948 ETH
34.934.330 $
|
52,41 ETH
153.251 $
|
35 | 0.1% | ||||
26 |
IO: Imaginary Ones
Ethereum
|
1,45 ETH
4.221,06 $
|
3.6% |
12.888 ETH
37.516.762 $
|
52,50 ETH
152.825 $
|
40 | 1.6% | ||||
27 |
Lasogette
Ethereum
|
0,35 ETH
1.020,64 $
|
11.3% |
2.710 ETH
7.902.840 $
|
42,60 ETH
124.223 $
|
112 | 0.5% | ||||
28 |
Clone X
Ethereum
|
0,61 ETH
1.781,84 $
|
0.7% |
11.974 ETH
34.920.489 $
|
38,80 ETH
113.159 $
|
51 | 0.0% | ||||
29 |
MATR1X KUKU
Ethereum
|
1,79 ETH
5.199,92 $
|
0.2% |
11.911 ETH
34.662.638 $
|
38,76 ETH
112.791 $
|
22 | 0.0% | ||||
30 |
Azuki Elementals
Ethereum
|
0,48 ETH
1.405,76 $
|
0.2% |
7.737 ETH
22.523.067 $
|
38,32 ETH
111.560 $
|
67 | 0.1% | ||||
31 |
CyberV
Ethereum
|
0,35 ETH
1.019,14 $
|
24.6% |
724,87 ETH
2.116.758 $
|
34,15 ETH
99.726 $
|
113 | 2.4% | ||||
32 |
Froganas
Solana
|
1,16 SOL
168,06 $
|
10.1% |
6.427 SOL
933.591 $
|
672,33 SOL
97.661 $
|
514 | 0.9% | ||||
33 |
RSIC METAPROTOCOL
Bitcoin
|
0,031 BTC
1.886,16 $
|
1.6% |
648,90 BTC
39.609.413 $
|
1,48 BTC
90.421 $
|
45 | 0.3% | ||||
34 |
alignDRAW
Ethereum
|
1,90 ETH
5.555,57 $
|
4.0% |
5.147 ETH
15.050.051 $
|
29,78 ETH
87.085 $
|
15 | 0.8% | ||||
35 |
Sword of Grandia
Ethereum
|
0,25 ETH
745,53 $
|
0.0% |
127,50 ETH
372.764 $
|
26,96 ETH
78.820 $
|
103 | 0.0% | ||||
36 |
DeGods (Solana)
Solana
|
44,44 SOL
6.431,33 $
|
4.4% |
166.950 SOL
24.162.514 $
|
531,69 SOL
76.952 $
|
12 | 0.0% | ||||
37 |
Tensorians
Solana
|
12,00 SOL
1.737,90 $
|
0.1% |
106.407 SOL
15.411.658 $
|
507,79 SOL
73.547 $
|
35 | 0.1% | ||||
38 |
BoredMilady
Ethereum
|
0,14 ETH
403,18 $
|
10.0% |
953,02 ETH
2.774.310 $
|
22,91 ETH
66.706 $
|
154 | 0.4% | ||||
39 |
RΞMNANTS
Ethereum
|
6,35 ETH
18.510,20 $
|
16.5% |
1.588 ETH
4.627.551 $
|
21,33 ETH
62.174 $
|
4 | 1.6% | ||||
40 |
Polyverse Genesis
Ethereum
|
0,042 ETH
122,65 $
|
0.0% |
37,30 ETH
108.911 $
|
21,06 ETH
61.513 $
|
31 | 0.0% | ||||
41 |
BEANZ Official
Ethereum
|
0,29 ETH
845,68 $
|
0.7% |
5.786 ETH
16.871.231 $
|
20,36 ETH
59.378 $
|
61 | 0.1% | ||||
42 |
Wolf Game
Ethereum
|
0,14 ETH
417,22 $
|
56.8% |
1.827 ETH
5.341.714 $
|
19,99 ETH
58.450 $
|
103 | 0.6% | ||||
43 |
ANIM.JP Official
Ethereum
|
0,015 ETH
43,14 $
|
0.0% |
97,16 ETH
283.242 $
|
19,87 ETH
57.926 $
|
8 | 0.0% | ||||
44 |
Chimpers
Ethereum
|
0,37 ETH
1.078,97 $
|
52.0% |
2.055 ETH
5.993.654 $
|
19,63 ETH
57.242 $
|
64 | 2.2% | ||||
45 |
Prime Navigator
Ethereum
|
0,65 ETH
1.895,73 $
|
7.3% |
1.986 ETH
5.793.364 $
|
18,80 ETH
54.842 $
|
30 | 1.4% | ||||
46 |
Azuki Elemental Beans
Ethereum
|
0,76 ETH
2.213,46 $
|
3.7% |
4.078 ETH
11.923.898 $
|
17,70 ETH
51.745 $
|
15 | 0.7% | ||||
47 |
BEEPLE: EVERYDAYS - THE 2020 COLLECTION
Ethereum
|
8,47 ETH
24.766 $
|
0.0% |
6.107 ETH
17.856.406 $
|
16,95 ETH
49.562 $
|
2 | 0.0% | ||||
48 |
Runestone
Bitcoin
|
0,010 BTC
608,36 $
|
13.4% |
1.124 BTC
68.379.539 $
|
0,81 BTC
49.517 $
|
80 | 0.0% | ||||
49 |
Prometheans
Bitcoin
|
0,011 BTC
683,35 $
|
21.1% |
235,10 BTC
14.350.401 $
|
0,77 BTC
47.090 $
|
60 | 0.1% | ||||
50 |
PalioAI Aura
Ethereum
|
0,36 ETH
1.035,35 $
|
0.0% |
1.183 ETH
3.450.822 $
|
15,43 ETH
45.006 $
|
43 | 0.0% | ||||
51 |
0N1 Force
Ethereum
|
0,29 ETH
857,40 $
|
2.0% |
2.286 ETH
6.666.260 $
|
14,22 ETH
41.458 $
|
51 | 0.1% | ||||
52 |
Emby
Ethereum
|
0,26 ETH
750,40 $
|
4.9% |
706,48 ETH
2.063.594 $
|
13,50 ETH
39.434 $
|
53 | 0.7% | ||||
53 |
Moonbirds
Ethereum
|
0,80 ETH
2.333,34 $
|
5.0% |
7.980 ETH
23.333.413 $
|
12,98 ETH
37.950 $
|
17 | 0.0% | ||||
54 |
Azra Games - The Hopeful
Ethereum
|
1,40 ETH
4.078,96 $
|
2.6% |
7.749 ETH
22.658.630 $
|
12,89 ETH
37.698 $
|
10 | 0.2% | ||||
55 |
Muraqqa
Ethereum
|
4,50 ETH
13.117,63 $
|
12.8% |
499,50 ETH
1.456.057 $
|
12,79 ETH
37.283 $
|
4 | 3.8% | ||||
56 |
FLUF World
Ethereum
|
0,54 ETH
1.573,10 $
|
20.6% |
5.380 ETH
15.731.048 $
|
12,33 ETH
36.054 $
|
20 | 0.2% | ||||
57 |
Ultiverse - Electric Sheep
Ethereum
|
0,97 ETH
2.814,25 $
|
1.7% |
6.755 ETH
19.699.741 $
|
11,61 ETH
33.855 $
|
12 | 0.0% | ||||
58 |
Paingelz
Solana
|
1,09 SOL
158,36 $
|
10.9% |
10.864 SOL
1.583.479 $
|
225,43 SOL
32.858 $
|
184 | 0.0% | ||||
59 |
Doodles
Ethereum
|
1,80 ETH
5.243,64 $
|
0.6% |
17.976 ETH
52.425.936 $
|
10,99 ETH
32.059 $
|
6 | 0.1% | ||||
60 |
Saku Monsters Generation I
Solana
|
0,76 SOL
110,96 $
|
15.6% |
12.485 SOL
1.819.767 $
|
219,69 SOL
32.022 $
|
171 | 0.0% | ||||
61 |
Terraforms by Mathcastles
Ethereum
|
0,83 ETH
2.426,62 $
|
1.1% |
8.225 ETH
24.050.196 $
|
10,76 ETH
31.456 $
|
13 | 0.1% | ||||
62 |
Bitcoin Wizards
Bitcoin
|
0,17 BTC
10.081,51 $
|
2.6% |
221,44 BTC
13.489.067 $
|
0,50 BTC
30.621 $
|
3 | 0.0% | ||||
63 |
Blond
Ethereum
|
2,67 ETH
7.806,60 $
|
3.5% |
42,72 ETH
124.906 $
|
10,47 ETH
30.612 $
|
4 | 0.0% | ||||
64 |
Celestine Sloth Society
Stargaze
|
200.000 STARS
3.973,04 $
|
4.3% |
500.000.000 STARS
9.932.599 $
|
1.537.762 STARS
30.548 $
|
8 | 0.0% | ||||
65 |
Portals
Solana
|
12,52 SOL
1.824,21 $
|
4.3% |
62.587 SOL
9.119.235 $
|
209,24 SOL
30.487 $
|
10 | 0.2% | ||||
66 |
Sproto Gremlins
Ethereum
|
0,37 ETH
1.079,06 $
|
24.2% |
1.232 ETH
3.593.266 $
|
10,40 ETH
30.341 $
|
30 | 0.4% | ||||
67 |
Skyborne - NexianGems
Ethereum
|
1,24 ETH
3.613,07 $
|
13.7% |
4.130 ETH
12.042.375 $
|
10,05 ETH
29.307 $
|
9 | 0.1% | ||||
68 |
TOPIA Worlds
Ethereum
|
0,81 ETH
2.368,40 $
|
9.7% |
8.099 ETH
23.681.631 $
|
9,85 ETH
28.807 $
|
9 | 0.4% | ||||
69 |
Pixelmon
Ethereum
|
1,34 ETH
3.906,92 $
|
0.3% |
16.870 ETH
49.094.371 $
|
9,38 ETH
27.308 $
|
7 | 0.0% | ||||
70 |
QBX Founders Key
Ethereum
|
1,10 ETH
3.213,46 $
|
2.7% |
975,91 ETH
2.853.554 $
|
9,21 ETH
26.930 $
|
9 | 0.3% | ||||
71 |
Imaginary Rides
Ethereum
|
0,12 ETH
336,26 $
|
4.0% |
1.597 ETH
4.669.957 $
|
9,19 ETH
26.858 $
|
76 | 0.7% | ||||
72 |
CryptoPunks V1 (wrapped)
Ethereum
|
1,74 ETH
5.074,73 $
|
0.0% |
8.601 ETH
25.084.413 $
|
9,00 ETH
26.249 $
|
4 | 0.0% | ||||
73 |
Early Retired Cats Club
Ethereum
|
0,35 ETH
1.021,50 $
|
20.5% |
675,31 ETH
1.971.497 $
|
8,85 ETH
25.839 $
|
25 | 0.9% | ||||
74 |
Pixels - Farm Land
Ethereum
|
1,59 ETH
4.625,74 $
|
6.0% |
7.948 ETH
23.128.682 $
|
8,13 ETH
23.657 $
|
4 | 0.0% | ||||
75 |
RG Bytes
Ethereum
|
0,36 ETH
1.040,83 $
|
11.6% |
1.784 ETH
5.203.132 $
|
8,10 ETH
23.624 $
|
23 | 0.2% | ||||
76 |
My Pet Hooligan
Ethereum
|
0,38 ETH
1.104,07 $
|
0.6% |
3.366 ETH
9.812.951 $
|
7,90 ETH
23.033 $
|
21 | 0.1% | ||||
77 |
Natcats
Bitcoin
|
0,028 BTC
1.699,49 $
|
1.5% |
224,99 BTC
13.704.706 $
|
0,38 BTC
22.994 $
|
13 | 0.0% | ||||
78 |
SchizoPosters
Ethereum
|
0,74 ETH
2.152,05 $
|
5.3% |
4.088 ETH
11.952.509 $
|
7,79 ETH
22.778 $
|
11 | 0.1% | ||||
79 |
Yogapetz
Ethereum
|
0,40 ETH
1.166,22 $
|
11.1% |
4.037 ETH
11.772.944 $
|
7,52 ETH
21.930 $
|
16 | 0.1% | ||||
80 |
Honey Comb
Ethereum
|
0,29 ETH
842,11 $
|
12.5% |
4.729 ETH
13.827.416 $
|
7,47 ETH
21.840 $
|
29 | 0.2% | ||||
81 |
The Potatoz
Ethereum
|
1,90 ETH
5.532,16 $
|
2.4% |
18.968 ETH
55.316.061 $
|
7,36 ETH
21.458 $
|
4 | 0.1% | ||||
82 |
Overworld Incarna
Ethereum
|
1,30 ETH
3.791,29 $
|
4.8% |
7.800 ETH
22.747.725 $
|
7,27 ETH
21.206 $
|
6 | 0.1% | ||||
83 |
Sam Spratt - LUCI: Chapter 5 - The Monument Game
Ethereum
|
Kaufen
|
8,99 ETH
26.287 $
|
0.0% |
2.301 ETH
6.729.380 $
|
7,25 ETH
21.199 $
|
1 | 0.0% | |||
84 |
Quekz
Solana
|
7,30 SOL
1.056,23 $
|
16.1% |
32.266 SOL
4.668.555 $
|
144,84 SOL
20.958 $
|
21 | 0.4% | ||||
85 |
Nakamigos
Ethereum
|
0,080 ETH
233,29 $
|
0.0% |
1.594 ETH
4.649.233 $
|
6,41 ETH
18.698,47 $
|
36 | 0.2% | ||||
86 |
Solcasino.io
Solana
|
19,98 SOL
2.895,94 $
|
1.2% |
99.900 SOL
14.479.709 $
|
126,46 SOL
18.329,52 $
|
6 | 2.6% | ||||
87 |
InfiniGods
Ethereum
|
0,11 ETH
326,27 $
|
13.8% |
386,18 ETH
1.124.982 $
|
6,12 ETH
17.839,54 $
|
55 | 0.8% | ||||
88 |
Famous Fox Federation
Solana
|
5,59 SOL
809,75 $
|
0.9% |
43.512 SOL
6.297.396 $
|
122,52 SOL
17.731,89 $
|
21 | 0.1% | ||||
89 |
BEEPLE - SPRING/SUMMER COLLECTION 2021
Ethereum
|
6,00 ETH
17.545,71 $
|
14.8% |
3.066 ETH
8.965.859 $
|
5,99 ETH
17.516,47 $
|
1 | 0.0% | ||||
90 |
Bored Ape Kennel Club
Ethereum
|
0,54 ETH
1.564,89 $
|
0.6% |
5.152 ETH
15.026.120 $
|
5,86 ETH
17.098,17 $
|
11 | 0.0% | ||||
91 |
Otherdeed for Otherside
Ethereum
|
0,21 ETH
610,53 $
|
0.2% |
9.860 ETH
28.829.760 $
|
5,81 ETH
16.973,98 $
|
22 | 0.0% | ||||
92 |
RTFKT Animus Egg 🥚
Ethereum
|
0,18 ETH
538,67 $
|
3.9% |
3.201 ETH
9.336.292 $
|
5,72 ETH
16.691,83 $
|
34 | 0.2% | ||||
93 |
Parallel
Ethereum
|
0,0002 ETH
0,615423 $
|
67958.3% |
0,27 ETH
783,43 $
|
5,67 ETH
16.518,44 $
|
77 | 0.0% | ||||
94 |
Unisat OG Pass Collection
Bitcoin
|
0,28 BTC
16.773,46 $
|
1.4% |
37,95 BTC
2.314.738 $
|
0,27 BTC
16.468,49 $
|
1 | 0.5% | ||||
95 |
PXQuest Adventurer
Ethereum
|
0,63 ETH
1.841,91 $
|
4.4% |
4.724 ETH
13.814.302 $
|
5,54 ETH
16.198,89 $
|
9 | 0.1% | ||||
96 |
PX Quest
Ethereum
|
0,63 ETH
1.833,77 $
|
4.4% |
4.724 ETH
13.753.307 $
|
5,54 ETH
16.127,36 $
|
9 | 0.1% | ||||
97 |
Cool Cats
Ethereum
|
0,43 ETH
1.259,92 $
|
0.8% |
4.306 ETH
12.558.871 $
|
5,45 ETH
15.908,23 $
|
12 | 0.1% | ||||
98 |
Persona
Ethereum
|
0,20 ETH
589,11 $
|
2.5% |
1.793 ETH
5.228.331 $
|
5,43 ETH
15.830,64 $
|
26 | 0.0% | ||||
99 |
Bitcoin Punks
Bitcoin
|
0,024 BTC
1.449,73 $
|
6.2% |
237,99 BTC
14.497.280 $
|
0,26 BTC
15.588,28 $
|
6 | 0.0% | ||||
100 |
Pizza Ninjas
Bitcoin
|
0,13 BTC
7.717,99 $
|
2.3% |
190,05 BTC
11.576.990 $
|
0,25 BTC
15.502,99 $
|
2 | 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.