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
|
5,14 ETH
15.958,14 $
|
9.6% |
51.433 ETH
159.581.373 $
|
1.502 ETH
4.660.152 $
|
285 | 0.5% | |||
2 |
Bored Ape Yacht Club
Ethereum
|
Kaufen
|
13,70 ETH
42.504 $
|
3.8% |
136.963 ETH
424.954.409 $
|
562,72 ETH
1.745.947 $
|
41 | 0.0% | |||
3 |
Pixelmon
Ethereum
|
1,25 ETH
3.887,69 $
|
12.5% |
15.745 ETH
48.852.688 $
|
420,74 ETH
1.305.423 $
|
357 | 1.1% | ||||
4 |
Mutant Ape Yacht Club
Ethereum
|
Kaufen
|
2,68 ETH
8.324,55 $
|
2.4% |
52.300 ETH
162.270.546 $
|
255,00 ETH
791.203 $
|
96 | 0.0% | |||
5 |
Pudgy Penguins
Ethereum
|
11,11 ETH
34.474 $
|
0.8% |
98.755 ETH
306.406.190 $
|
219,72 ETH
681.741 $
|
20 | 0.2% | ||||
6 |
Azuki Elementals
Ethereum
|
0,50 ETH
1.551,35 $
|
2.2% |
7.981 ETH
24.762.680 $
|
188,90 ETH
586.101 $
|
361 | 0.2% | ||||
7 |
Rune Pups
Bitcoin
|
0,086 BTC
5.419,39 $
|
4.8% |
931,22 BTC
58.410.153 $
|
7,28 BTC
456.603 $
|
80 | 0.3% | ||||
8 |
Solana Monkey Business
Solana
|
35,20 SOL
5.058,66 $
|
3.0% |
175.754 SOL
25.257.900 $
|
2.919 SOL
419.425 $
|
78 | 0.0% | ||||
9 |
Kanpai Pandas
Ethereum
|
1,54 ETH
4.771,59 $
|
7.8% |
12.249 ETH
38.005.753 $
|
133,16 ETH
413.144 $
|
87 | 0.1% | ||||
10 |
Bitcoin Puppets
Bitcoin
|
0,29 BTC
18.252,84 $
|
10.5% |
2.910 BTC
182.546.662 $
|
6,13 BTC
384.218 $
|
20 | 0.1% | ||||
11 |
DeGods
Ethereum
|
Kaufen
|
1,75 ETH
5.429,73 $
|
14.2% |
15.732 ETH
48.813.287 $
|
116,17 ETH
360.444 $
|
70 | 0.3% | |||
12 |
Peepos
Bitcoin
|
0,31 BTC
19.444,61 $
|
37.8% |
130,20 BTC
8.166.735 $
|
5,15 BTC
322.893 $
|
19 | 2.8% | ||||
13 |
Lil Peepos
Bitcoin
|
0,31 BTC
19.444,61 $
|
37.8% |
130,20 BTC
8.166.735 $
|
5,15 BTC
322.893 $
|
19 | 2.8% | ||||
14 |
Lil Pudgys
Ethereum
|
0,93 ETH
2.882,41 $
|
0.3% |
20.117 ETH
62.418.632 $
|
101,13 ETH
313.787 $
|
109 | 0.1% | ||||
15 |
Ordinal Maxi Biz (OMB)
Bitcoin
|
0,41 BTC
25.403 $
|
3.1% |
850,50 BTC
53.347.221 $
|
4,59 BTC
287.906 $
|
9 | 0.2% | ||||
16 |
Redacted Remilio Babies
Ethereum
|
1,65 ETH
5.115,43 $
|
6.4% |
16.484 ETH
51.144.049 $
|
82,61 ETH
256.312 $
|
51 | 0.0% | ||||
17 |
Milady Maker
Ethereum
|
Kaufen
|
4,67 ETH
14.495,89 $
|
0.7% |
46.617 ETH
144.640.040 $
|
76,31 ETH
236.782 $
|
16 | 0.0% | |||
18 |
Froganas
Solana
|
1,87 SOL
268,72 $
|
1.0% |
10.399 SOL
1.492.756 $
|
1.540 SOL
221.000 $
|
775 | 0.1% | ||||
19 |
Forked Nouns
Ethereum
|
36,75 ETH
114.024 $
|
0.7% |
17.346 ETH
53.819.503 $
|
71,00 ETH
220.292 $
|
2 | 0.0% | ||||
20 |
NodeMonkes
Bitcoin
|
0,39 BTC
24.149 $
|
3.5% |
3.850 BTC
241.489.477 $
|
3,19 BTC
199.840 $
|
8 | 0.1% | ||||
21 |
Ultiverse - Electric Sheep
Ethereum
|
1,10 ETH
3.409,87 $
|
10.1% |
7.693 ETH
23.869.102 $
|
59,87 ETH
185.752 $
|
62 | 0.2% | ||||
22 |
BEANZ Official
Ethereum
|
0,31 ETH
966,80 $
|
1.3% |
6.216 ETH
19.287.711 $
|
59,65 ETH
185.078 $
|
174 | 0.2% | ||||
23 |
WHAT THE FFFF
Ethereum
|
0,011 ETH
34,11 $
|
0.0% |
11,00 ETH
34.115 $
|
59,34 ETH
184.022 $
|
- | 0.0% | ||||
24 |
Moonbirds
Ethereum
|
0,76 ETH
2.367,36 $
|
6.1% |
7.630 ETH
23.673.631 $
|
54,21 ETH
168.205 $
|
73 | 0.1% | ||||
25 |
Lasogette
Ethereum
|
0,46 ETH
1.414,83 $
|
6.3% |
3.531 ETH
10.955.052 $
|
52,68 ETH
163.459 $
|
111 | 0.1% | ||||
26 |
Captainz
Ethereum
|
3,14 ETH
9.736,29 $
|
1.9% |
31.377 ETH
97.353.114 $
|
52,53 ETH
162.978 $
|
17 | 0.1% | ||||
27 |
RSIC METAPROTOCOL
Bitcoin
|
0,047 BTC
2.941,78 $
|
8.0% |
984,90 BTC
61.777.399 $
|
2,36 BTC
148.265 $
|
45 | 0.0% | ||||
28 |
Mad Lads
Solana
|
87,40 SOL
12.560,43 $
|
0.6% |
871.028 SOL
125.177.224 $
|
1.004 SOL
144.295 $
|
10 | 0.1% | ||||
29 |
My Pet Hooligan
Ethereum
|
0,38 ETH
1.182,13 $
|
9.3% |
3.386 ETH
10.506.773 $
|
36,48 ETH
113.185 $
|
89 | 0.1% | ||||
30 |
L3E7 Worlds
Ethereum
|
5,19 ETH
16.096,83 $
|
0.2% |
3.113 ETH
9.658.097 $
|
35,88 ETH
111.325 $
|
7 | 0.3% | ||||
31 |
CryptoPunks
Ethereum
|
Kaufen
|
37,89 ETH
117.561 $
|
0.0% |
378.673 ETH
1.174.909.164 $
|
34,50 ETH
107.043 $
|
1 | 0.0% | |||
32 |
Doodles
Ethereum
|
1,52 ETH
4.713,01 $
|
5.5% |
15.187 ETH
47.120.647 $
|
32,19 ETH
99.882 $
|
21 | 0.1% | ||||
33 |
TENJIN
Ethereum
|
0,21 ETH
636,05 $
|
5.5% |
1.640 ETH
5.087.798 $
|
28,47 ETH
88.341 $
|
144 | 0.1% | ||||
34 |
Quantum Cats
Bitcoin
|
0,42 BTC
26.344 $
|
1.2% |
1.400 BTC
87.803.483 $
|
1,40 BTC
87.752 $
|
2 | 0.1% | ||||
35 |
Runestone
Bitcoin
|
0,016 BTC
1.034,33 $
|
13.2% |
1.853 BTC
116.258.358 $
|
1,36 BTC
85.534 $
|
80 | 0.2% | ||||
36 |
Clone X
Ethereum
|
0,51 ETH
1.582,38 $
|
0.6% |
9.993 ETH
31.006.717 $
|
26,89 ETH
83.435 $
|
35 | 0.0% | ||||
37 |
PX Quest
Ethereum
|
0,62 ETH
1.919,44 $
|
3.3% |
4.640 ETH
14.395.763 $
|
26,43 ETH
81.991 $
|
44 | 0.3% | ||||
38 |
PXQuest Adventurer
Ethereum
|
0,62 ETH
1.919,50 $
|
3.3% |
4.640 ETH
14.396.228 $
|
26,43 ETH
81.991 $
|
44 | 0.3% | ||||
39 |
Terraforms by Mathcastles
Ethereum
|
0,84 ETH
2.592,00 $
|
5.0% |
8.280 ETH
25.689.270 $
|
25,74 ETH
79.855 $
|
30 | 0.2% | ||||
40 |
Prometheans
Bitcoin
|
0,015 BTC
933,97 $
|
10.3% |
312,69 BTC
19.613.336 $
|
1,23 BTC
76.863 $
|
80 | 0.1% | ||||
41 |
Azra Games - The Hopeful
Ethereum
|
1,20 ETH
3.723,24 $
|
5.8% |
6.666 ETH
20.682.624 $
|
20,40 ETH
63.300 $
|
18 | 0.1% | ||||
42 |
SchizoPosters
Ethereum
|
0,65 ETH
2.016,76 $
|
8.3% |
3.610 ETH
11.201.072 $
|
20,37 ETH
63.201 $
|
28 | 0.4% | ||||
43 |
Otherdeed for Otherside
Ethereum
|
0,21 ETH
653,99 $
|
1.5% |
9.953 ETH
30.881.965 $
|
19,56 ETH
60.675 $
|
78 | 0.1% | ||||
44 |
Mocaverse
Ethereum
|
3,95 ETH
12.254,13 $
|
0.0% |
35.103 ETH
108.914.701 $
|
19,49 ETH
60.469 $
|
5 | 0.0% | ||||
45 |
Celestine Sloth Society
Stargaze
|
182.222 STARS
3.606,70 $
|
2.1% |
455.555.000 STARS
9.016.741 $
|
2.919.402 STARS
57.783 $
|
16 | 0.2% | ||||
46 |
Natcats
Bitcoin
|
0,038 BTC
2.408,00 $
|
9.7% |
309,58 BTC
19.418.072 $
|
0,92 BTC
57.689 $
|
24 | 0.3% | ||||
47 |
YouAreTheChampion
Ethereum
|
21,88 ETH
67.887 $
|
21.6% |
11.378 ETH
35.301.325 $
|
18,00 ETH
55.849 $
|
1 | 0.0% | ||||
48 |
Tensorians
Solana
|
13,60 SOL
1.954,47 $
|
1.7% |
120.604 SOL
17.332.228 $
|
365,24 SOL
52.490 $
|
27 | 0.0% | ||||
49 |
mfers
Ethereum
|
0,39 ETH
1.210,05 $
|
0.5% |
3.907 ETH
12.123.537 $
|
16,72 ETH
51.878 $
|
40 | 0.0% | ||||
50 |
Rumble Kong League
Ethereum
|
0,24 ETH
744,34 $
|
3.0% |
2.399 ETH
7.443.387 $
|
16,53 ETH
51.273 $
|
69 | 0.4% | ||||
51 |
Bitcoin Wizards
Bitcoin
|
0,23 BTC
14.426,64 $
|
4.2% |
307,74 BTC
19.302.850 $
|
0,81 BTC
50.619 $
|
3 | 0.2% | ||||
52 |
Persona
Ethereum
|
0,24 ETH
744,65 $
|
2.7% |
2.130 ETH
6.608.759 $
|
16,09 ETH
49.911 $
|
67 | 0.1% | ||||
53 |
Pizza Ninjas
Bitcoin
|
0,16 BTC
9.722,30 $
|
1.6% |
232,50 BTC
14.583.455 $
|
0,79 BTC
49.408 $
|
5 | 0.1% | ||||
54 |
Skyborne - NexianGems
Ethereum
|
0,95 ETH
2.938,26 $
|
4.9% |
3.156 ETH
9.793.223 $
|
15,84 ETH
49.147 $
|
17 | 0.4% | ||||
55 |
CyberV
Ethereum
|
0,33 ETH
1.033,28 $
|
9.3% |
692,26 ETH
2.146.126 $
|
15,81 ETH
49.024 $
|
48 | 0.7% | ||||
56 |
Meebits
Ethereum
|
0,63 ETH
1.939,19 $
|
0.5% |
12.499 ETH
38.781.860 $
|
15,59 ETH
48.383 $
|
17 | 0.0% | ||||
57 |
Candy Collective: Genesis Collection
Ethereum
|
0,46 ETH
1.417,63 $
|
4.1% |
913,80 ETH
2.835.251 $
|
15,43 ETH
47.873 $
|
34 | 0.4% | ||||
58 |
Light Years
Ethereum
|
16,80 ETH
52.125 $
|
12.0% |
1.680 ETH
5.212.543 $
|
15,00 ETH
46.541 $
|
1 | 0.0% | ||||
59 |
Sappy Seals
Ethereum
|
0,60 ETH
1.848,19 $
|
2.7% |
5.955 ETH
18.476.332 $
|
14,73 ETH
45.692 $
|
26 | 0.2% | ||||
60 |
Claynosaurz
Solana
|
13,40 SOL
1.925,74 $
|
0.8% |
134.000 SOL
19.257.407 $
|
289,63 SOL
41.623 $
|
20 | 0.0% | ||||
61 |
Honey Comb
Ethereum
|
0,26 ETH
803,60 $
|
4.9% |
4.253 ETH
13.195.117 $
|
13,36 ETH
41.451 $
|
52 | 0.2% | ||||
62 |
Yogurt Verse
Ethereum
|
1,40 ETH
4.339,94 $
|
97.2% |
448,00 ETH
1.388.780 $
|
13,35 ETH
41.388 $
|
13 | 0.0% | ||||
63 |
Muraqqa
Ethereum
|
4,50 ETH
13.940,16 $
|
12.8% |
499,50 ETH
1.547.357 $
|
12,79 ETH
39.621 $
|
4 | 3.8% | ||||
64 |
Bit Bears by Berachain
Ethereum
|
4,18 ETH
12.969,30 $
|
2.0% |
9.526 ETH
29.557.041 $
|
12,29 ETH
38.126 $
|
3 | 0.1% | ||||
65 |
IO: Imaginary Ones
Ethereum
|
1,02 ETH
3.179,65 $
|
1.5% |
9.108 ETH
28.260.738 $
|
12,25 ETH
38.011 $
|
12 | 0.2% | ||||
66 |
VeeFriends
Ethereum
|
1,13 ETH
3.505,43 $
|
0.7% |
11.586 ETH
35.948.204 $
|
11,89 ETH
36.885 $
|
9 | 0.0% | ||||
67 |
Gh0stly Gh0sts
Ethereum
|
0,057 ETH
175,59 $
|
24.4% |
379,38 ETH
1.174.847 $
|
11,90 ETH
36.851 $
|
192 | 0.5% | ||||
68 |
XocietyFrontier
Ethereum
|
0,12 ETH
371,55 $
|
29.3% |
469,32 ETH
1.453.116 $
|
11,78 ETH
36.472 $
|
94 | 1.3% | ||||
69 |
CryptoDickbutts
Ethereum
|
0,32 ETH
992,86 $
|
17.9% |
1.663 ETH
5.160.898 $
|
11,32 ETH
35.123 $
|
35 | 0.7% | ||||
70 |
RTFKT Animus Egg 🥚
Ethereum
|
0,19 ETH
580,21 $
|
39.7% |
3.241 ETH
10.056.124 $
|
11,22 ETH
34.801 $
|
72 | 0.1% | ||||
71 |
FLUF World
Ethereum
|
0,46 ETH
1.441,18 $
|
1.7% |
4.645 ETH
14.411.843 $
|
11,20 ETH
34.749 $
|
11 | 0.1% | ||||
72 |
TODAY - Ancient Seed
Ethereum
|
1,33 ETH
4.126,60 $
|
0.4% |
1.033 ETH
3.206.365 $
|
10,95 ETH
33.972 $
|
8 | 5.8% | ||||
73 |
MATR1X KUKU
Ethereum
|
1,80 ETH
5.584,87 $
|
7.1% |
11.999 ETH
37.228.724 $
|
10,79 ETH
33.491 $
|
6 | 0.1% | ||||
74 |
Azuki Elemental Beans
Ethereum
|
0,80 ETH
2.482,16 $
|
0.0% |
4.310 ETH
13.371.411 $
|
10,68 ETH
33.139 $
|
11 | 0.3% | ||||
75 |
Pixels - Farm Land
Ethereum
|
1,50 ETH
4.639,21 $
|
2.6% |
7.476 ETH
23.196.067 $
|
10,67 ETH
33.118 $
|
5 | 0.2% | ||||
76 |
Blond
Ethereum
|
2,67 ETH
8.282,41 $
|
3.5% |
42,72 ETH
132.519 $
|
10,47 ETH
32.478 $
|
4 | 0.0% | ||||
77 |
Cool Cats
Ethereum
|
0,45 ETH
1.393,11 $
|
2.4% |
4.476 ETH
13.886.561 $
|
10,14 ETH
31.476 $
|
20 | 0.0% | ||||
78 |
Async Blueprints
Ethereum
|
0,010 ETH
31,00 $
|
42.9% |
242,22 ETH
750.871 $
|
10,01 ETH
31.042 $
|
3 | 0.0% | ||||
79 |
INK
Bitcoin
|
0,014 BTC
878,14 $
|
4.1% |
140,00 BTC
8.781.436 $
|
0,48 BTC
29.975 $
|
32 | 0.2% | ||||
80 |
FRESH HELL
Ethereum
|
9,69 ETH
30.059 $
|
2.1% |
19,38 ETH
60.117 $
|
9,49 ETH
29.438 $
|
1 | 1.8% | ||||
81 |
Chimpers
Ethereum
|
0,24 ETH
745,02 $
|
9.2% |
1.334 ETH
4.138.576 $
|
8,87 ETH
27.536 $
|
40 | 0.5% | ||||
82 |
Degenerate Ape Academy
Solana
|
8,78 SOL
1.261,55 $
|
3.1% |
70.868 SOL
10.184.517 $
|
190,49 SOL
27.376 $
|
20 | 0.2% | ||||
83 |
Radbro Webring V2
Ethereum
|
0,11 ETH
350,22 $
|
16.3% |
564,50 ETH
1.751.089 $
|
8,61 ETH
26.722 $
|
75 | 0.9% | ||||
84 |
Bitcoin Frogs
Bitcoin
|
0,070 BTC
4.415,81 $
|
2.0% |
704,00 BTC
44.158.076 $
|
0,42 BTC
26.608 $
|
6 | 0.7% | ||||
85 |
CyberKongz (Babies)
Ethereum
|
0,88 ETH
2.730,38 $
|
1.1% |
3.520 ETH
10.921.518 $
|
8,49 ETH
26.348 $
|
10 | 0.0% | ||||
86 |
OverTrip Founder's ID
Ethereum
|
0,21 ETH
641,93 $
|
17.2% |
183,73 ETH
570.033 $
|
8,29 ETH
25.721 $
|
40 | 1.2% | ||||
87 |
Bored Ape Kennel Club
Ethereum
|
0,59 ETH
1.827,49 $
|
3.4% |
5.656 ETH
17.547.569 $
|
7,96 ETH
24.711 $
|
14 | 0.0% | ||||
88 |
Photo Finish PFP Collection
Solana
|
14,77 SOL
2.122,05 $
|
7.7% |
221.490 SOL
31.830.769 $
|
169,82 SOL
24.405 $
|
10 | 0.2% | ||||
89 |
Overworld Incarna
Ethereum
|
1,44 ETH
4.467,89 $
|
18.0% |
8.640 ETH
26.807.362 $
|
7,83 ETH
24.294 $
|
6 | 0.1% | ||||
90 |
The Potatoz
Ethereum
|
1,90 ETH
5.885,83 $
|
2.4% |
18.968 ETH
58.852.408 $
|
7,36 ETH
22.830 $
|
4 | 0.1% | ||||
91 |
Parallel Avatars
Ethereum
|
0,68 ETH
2.112,44 $
|
0.0% |
7.490 ETH
23.239.007 $
|
7,10 ETH
22.037 $
|
10 | 0.1% | ||||
92 |
CyberKongz
Ethereum
|
9,90 ETH
30.717 $
|
0.0% |
9.900 ETH
30.716.769 $
|
7,02 ETH
21.781 $
|
1 | 0.0% | ||||
93 |
Nobody
Ethereum
|
0,15 ETH
465,41 $
|
5.1% |
1.500 ETH
4.654.056 $
|
6,96 ETH
21.609 $
|
42 | 0.1% | ||||
94 |
RG Bytes
Ethereum
|
0,36 ETH
1.123,18 $
|
4.6% |
1.810 ETH
5.614.771 $
|
6,80 ETH
21.104 $
|
20 | 0.1% | ||||
95 |
The Wizards of Ord
Bitcoin
|
0,027 BTC
1.674,12 $
|
7.2% |
88,96 BTC
5.579.835 $
|
0,33 BTC
20.392 $
|
12 | 0.0% | ||||
96 |
Rune Doors
Bitcoin
|
0,004 BTC
269,72 $
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17.3% |
43,00 BTC
2.697.155 $
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0,32 BTC
20.368 $
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64 | 0.3% | ||||
97 |
ALTS by adidas
Ethereum
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0,037 ETH
114,58 $
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22.9% |
742,44 ETH
2.299.163 $
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6,54 ETH
20.261 $
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169 | 0.2% | ||||
98 |
KILLABEARS
Ethereum
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0,60 ETH
1.861,62 $
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0.0% |
2.000 ETH
6.204.787 $
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6,25 ETH
19.391,90 $
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10 | 0.4% | ||||
99 |
sharx by sharky.fi
Solana
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2,79 SOL
401,10 $
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1.8% |
28.211 SOL
4.054.320 $
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130,97 SOL
18.821,84 $
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38 | 0.3% | ||||
100 |
Ape Odyssey
Bitcoin
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0,007 BTC
467,05 $
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14.6% |
37,25 BTC
2.335.263 $
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0,29 BTC
18.216,81 $
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39 | 0.3% |
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.