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 |
Clone X
Ethereum
|
0,47 ETH
1.451,76 $
|
0.3% |
9.189 ETH
28.444.399 $
|
935,06 ETH
2.894.429 $
|
145 | 0.1% | ||||
2 |
Bitcoin Wizards
Bitcoin
|
0,37 BTC
23.597 $
|
36.4% |
491,05 BTC
31.573.038 $
|
32,91 BTC
2.115.947 $
|
80 | 0.4% | ||||
3 |
Bored Ape Yacht Club
Ethereum
|
Kaufen
|
11,81 ETH
36.559 $
|
4.3% |
118.086 ETH
365.517.322 $
|
527,93 ETH
1.634.119 $
|
44 | 0.1% | |||
4 |
Pudgy Penguins
Ethereum
|
10,50 ETH
32.489 $
|
1.9% |
93.288 ETH
288.759.333 $
|
478,53 ETH
1.481.218 $
|
49 | 0.7% | ||||
5 |
Bitcoin Puppets
Bitcoin
|
0,40 BTC
25.592 $
|
1.8% |
3.980 BTC
255.948.062 $
|
21,00 BTC
1.350.601 $
|
54 | 0.5% | ||||
6 |
Quantum Cats
Bitcoin
|
0,45 BTC
28.870 $
|
27.6% |
1.497 BTC
96.222.326 $
|
20,51 BTC
1.318.952 $
|
48 | 0.7% | ||||
7 |
Mad Lads
Solana
|
104,40 SOL
15.023,34 $
|
9.7% |
1.040.450 SOL
149.722.595 $
|
8.710 SOL
1.253.349 $
|
79 | 0.3% | ||||
8 |
Mutant Ape Yacht Club
Ethereum
|
Kaufen
|
1,95 ETH
6.043,55 $
|
3.3% |
38.054 ETH
117.794.741 $
|
394,88 ETH
1.222.316 $
|
196 | 0.1% | |||
9 |
sharx by sharky.fi
Solana
|
3,45 SOL
496,32 $
|
4.2% |
34.862 SOL
5.016.772 $
|
6.601 SOL
949.953 $
|
1.778 | 1.4% | ||||
10 |
Rune Pups
Bitcoin
|
0,14 BTC
8.693,65 $
|
1.7% |
1.457 BTC
93.700.135 $
|
12,36 BTC
795.081 $
|
80 | 0.4% | ||||
11 |
Degenerate Ape Academy
Solana
|
11,17 SOL
1.607,48 $
|
19.4% |
90.156 SOL
12.977.170 $
|
5.368 SOL
772.687 $
|
531 | 0.2% | ||||
12 |
Azuki
Ethereum
|
Kaufen
|
3,87 ETH
11.975,34 $
|
4.4% |
38.687 ETH
119.753.450 $
|
245,18 ETH
758.926 $
|
62 | 0.0% | |||
13 |
Milady Maker
Ethereum
|
Kaufen
|
4,54 ETH
14.059,51 $
|
0.2% |
45.320 ETH
140.285.766 $
|
212,68 ETH
658.352 $
|
47 | 0.3% | |||
14 |
Ordinal Maxi Biz (OMB)
Bitcoin
|
0,45 BTC
28.935 $
|
13.6% |
944,98 BTC
60.764.161 $
|
8,46 BTC
543.705 $
|
16 | 2.5% | ||||
15 |
Kanpai Pandas
Ethereum
|
1,66 ETH
5.135,34 $
|
2.1% |
13.202 ETH
40.867.051 $
|
171,53 ETH
530.955 $
|
106 | 0.3% | ||||
16 |
Lil Pudgys
Ethereum
|
0,86 ETH
2.668,18 $
|
1.3% |
18.663 ETH
57.768.805 $
|
162,75 ETH
503.781 $
|
192 | 0.4% | ||||
17 |
RSIC METAPROTOCOL
Bitcoin
|
0,070 BTC
4.500,83 $
|
1.4% |
1.470 BTC
94.517.349 $
|
6,63 BTC
425.977 $
|
80 | 0.2% | ||||
18 |
Terraforms by Mathcastles
Ethereum
|
1,06 ETH
3.265,69 $
|
23.4% |
10.456 ETH
32.366.290 $
|
133,07 ETH
411.922 $
|
126 | 0.4% | ||||
19 |
Runestone
Bitcoin
|
0,070 BTC
4.526,87 $
|
4.7% |
7.913 BTC
508.820.168 $
|
5,58 BTC
359.098 $
|
80 | 0.4% | ||||
20 |
Bit Bears by Berachain
Ethereum
|
4,72 ETH
14.603,81 $
|
5.2% |
10.752 ETH
33.282.077 $
|
111,37 ETH
344.715 $
|
24 | 0.2% | ||||
21 |
Froganas
Solana
|
2,18 SOL
312,94 $
|
7.7% |
12.093 SOL
1.738.361 $
|
2.235 SOL
321.288 $
|
961 | 0.3% | ||||
22 |
Lasogette
Ethereum
|
0,76 ETH
2.349,13 $
|
5.4% |
5.876 ETH
18.189.334 $
|
97,25 ETH
301.018 $
|
136 | 0.2% | ||||
23 |
CryptoPunks
Ethereum
|
Kaufen
|
39,69 ETH
122.854 $
|
0.0% |
396.662 ETH
1.227.802.761 $
|
90,94 ETH
281.490 $
|
2 | 0.0% | |||
24 |
Pixelmon
Ethereum
|
1,33 ETH
4.110,75 $
|
8.9% |
16.688 ETH
51.655.644 $
|
86,44 ETH
267.569 $
|
65 | 0.1% | ||||
25 |
The Wizards of Ord
Bitcoin
|
0,047 BTC
3.008,63 $
|
1.9% |
155,95 BTC
10.027.771 $
|
3,61 BTC
231.891 $
|
80 | 2.0% | ||||
26 |
TODAY - Ancient Seed
Ethereum
|
1,28 ETH
3.971,45 $
|
12.8% |
996,89 ETH
3.085.820 $
|
71,03 ETH
219.872 $
|
55 | 49.3% | ||||
27 |
Forked Nouns
Ethereum
|
36,75 ETH
113.754 $
|
0.7% |
17.346 ETH
53.691.743 $
|
71,00 ETH
219.769 $
|
2 | 0.0% | ||||
28 |
NodeMonkes
Bitcoin
|
0,39 BTC
24.949 $
|
11.6% |
3.880 BTC
249.492.257 $
|
3,38 BTC
217.270 $
|
8 | 0.2% | ||||
29 |
Redacted Remilio Babies
Ethereum
|
1,97 ETH
6.104,22 $
|
6.6% |
19.716 ETH
61.029.951 $
|
67,25 ETH
208.155 $
|
31 | 1.2% | ||||
30 |
Doodles
Ethereum
|
1,58 ETH
4.890,63 $
|
4.2% |
15.797 ETH
48.896.568 $
|
65,63 ETH
203.135 $
|
40 | 0.2% | ||||
31 |
Solana Monkey Business
Solana
|
36,99 SOL
5.322,92 $
|
0.0% |
184.691 SOL
26.577.361 $
|
1.318 SOL
189.610 $
|
24 | 0.2% | ||||
32 |
Captainz
Ethereum
|
3,30 ETH
10.211,52 $
|
3.1% |
32.987 ETH
102.105.008 $
|
60,97 ETH
188.720 $
|
19 | 0.0% | ||||
33 |
WHAT THE FFFF
Ethereum
|
0,011 ETH
34,01 $
|
0.0% |
11,00 ETH
34.015 $
|
59,34 ETH
183.483 $
|
- | 0.0% | ||||
34 |
Prometheans
Bitcoin
|
0,036 BTC
2.337,38 $
|
0.0% |
763,35 BTC
49.085.030 $
|
2,83 BTC
181.791 $
|
80 | 0.0% | ||||
35 |
Lil Peepos
Bitcoin
|
0,21 BTC
13.439,14 $
|
31.4% |
87,78 BTC
5.644.441 $
|
2,83 BTC
181.776 $
|
14 | 0.8% | ||||
36 |
Peepos
Bitcoin
|
0,21 BTC
13.438,18 $
|
31.4% |
87,78 BTC
5.644.036 $
|
2,83 BTC
181.763 $
|
14 | 0.8% | ||||
37 |
DeGods
Ethereum
|
Kaufen
|
1,34 ETH
4.153,94 $
|
2.4% |
12.065 ETH
37.343.957 $
|
55,39 ETH
171.450 $
|
41 | 0.2% | |||
38 |
My Pet Hooligan
Ethereum
|
0,80 ETH
2.479,37 $
|
8.9% |
7.119 ETH
22.036.607 $
|
51,11 ETH
158.203 $
|
51 | 0.0% | ||||
39 |
L3E7 Worlds
Ethereum
|
5,08 ETH
15.724,32 $
|
5.4% |
3.048 ETH
9.434.592 $
|
50,04 ETH
154.891 $
|
10 | 0.3% | ||||
40 |
Ape Odyssey
Bitcoin
|
0,030 BTC
1.916,07 $
|
0.0% |
149,00 BTC
9.580.330 $
|
2,27 BTC
145.671 $
|
80 | 0.0% | ||||
41 |
Bitcoin Shrooms
Bitcoin
|
2,25 BTC
144.680 $
|
0.0% |
900,00 BTC
57.871.915 $
|
2,25 BTC
144.673 $
|
1 | 0.5% | ||||
42 |
Azra Games - The Hopeful
Ethereum
|
1,23 ETH
3.807,27 $
|
7.5% |
6.833 ETH
21.149.365 $
|
46,11 ETH
142.720 $
|
37 | 0.0% | ||||
43 |
Tensorians
Solana
|
15,45 SOL
2.223,28 $
|
8.4% |
137.011 SOL
19.716.060 $
|
870,64 SOL
125.287 $
|
54 | 0.2% | ||||
44 |
BEEPLE - SPRING/SUMMER COLLECTION 2021
Ethereum
|
6,79 ETH
21.017 $
|
1.5% |
3.470 ETH
10.739.865 $
|
36,99 ETH
114.497 $
|
2 | 0.4% | ||||
45 |
MATR1X KUKU
Ethereum
|
1,61 ETH
4.976,38 $
|
7.2% |
10.717 ETH
33.172.521 $
|
35,71 ETH
110.547 $
|
23 | 0.0% | ||||
46 |
Bored Ape Kennel Club
Ethereum
|
0,43 ETH
1.343,42 $
|
4.6% |
4.167 ETH
12.899.546 $
|
35,00 ETH
108.325 $
|
80 | 0.1% | ||||
47 |
INK
Bitcoin
|
0,017 BTC
1.124,56 $
|
23.2% |
174,90 BTC
11.245.636 $
|
1,59 BTC
102.549 $
|
80 | 0.4% | ||||
48 |
Sats Hunters
Bitcoin
|
0,024 BTC
1.541,14 $
|
60.0% |
27,31 BTC
1.753.819 $
|
1,59 BTC
102.291 $
|
80 | 12.3% | ||||
49 |
BEEPLE: EVERYDAYS - THE 2020 COLLECTION
Ethereum
|
14,99 ETH
46.397 $
|
90.0% |
10.807 ETH
33.452.233 $
|
32,87 ETH
101.747 $
|
4 | 0.9% | ||||
50 |
WADE F&F
Ethereum
|
0,55 ETH
1.695,96 $
|
5.2% |
1.151 ETH
3.561.511 $
|
31,91 ETH
98.774 $
|
59 | 0.1% | ||||
51 |
Meebits
Ethereum
|
0,54 ETH
1.668,44 $
|
0.6% |
10.779 ETH
33.367.220 $
|
31,84 ETH
98.561 $
|
60 | 0.0% | ||||
52 |
Persona
Ethereum
|
0,20 ETH
612,90 $
|
17.5% |
1.757 ETH
5.439.469 $
|
31,70 ETH
98.116 $
|
148 | 0.3% | ||||
53 |
IO: Imaginary Ones
Ethereum
|
1,06 ETH
3.281,16 $
|
0.9% |
9.421 ETH
29.162.936 $
|
29,78 ETH
92.173 $
|
28 | 0.4% | ||||
54 |
Claynosaurz
Solana
|
13,98 SOL
2.011,75 $
|
5.6% |
139.800 SOL
20.117.459 $
|
538,37 SOL
77.473 $
|
36 | 0.0% | ||||
55 |
Mocaverse
Ethereum
|
4,03 ETH
12.474,64 $
|
4.0% |
35.819 ETH
110.874.602 $
|
23,95 ETH
74.133 $
|
6 | 0.0% | ||||
56 |
SERAPH Soul Series
Ethereum
|
0,30 ETH
928,60 $
|
0.0% |
1.800 ETH
5.571.609 $
|
23,11 ETH
71.533 $
|
20 | 0.7% | ||||
57 |
SchizoPosters
Ethereum
|
0,37 ETH
1.151,45 $
|
0.8% |
2.066 ETH
6.395.151 $
|
22,99 ETH
71.156 $
|
64 | 1.2% | ||||
58 |
Ether Cards Founder
Ethereum
|
0,067 ETH
205,73 $
|
11.1% |
665,67 ETH
2.056.270 $
|
22,84 ETH
70.548 $
|
9 | 0.0% | ||||
59 |
mfers
Ethereum
|
0,35 ETH
1.067,89 $
|
5.0% |
3.457 ETH
10.699.208 $
|
22,73 ETH
70.366 $
|
64 | 0.1% | ||||
60 |
Celestine Sloth Society
Stargaze
|
169.069 STARS
3.639,20 $
|
1.8% |
422.672.500 STARS
9.097.995 $
|
3.204.360 STARS
68.974 $
|
21 | 0.5% | ||||
61 |
Peplicator by Matt Furie
Ethereum
|
0,040 ETH
123,82 $
|
19.1% |
882,60 ETH
2.732.039 $
|
21,91 ETH
67.821 $
|
520 | 0.5% | ||||
62 |
RuneX: The Secret Weapon
Bitcoin
|
0,011 BTC
735,62 $
|
39.8% |
88,97 BTC
5.720.888 $
|
1,03 BTC
66.120 $
|
80 | 0.1% | ||||
63 |
RuneX: UNNAMED
Bitcoin
|
0,011 BTC
736,90 $
|
0.0% |
89,12 BTC
5.730.890 $
|
1,03 BTC
66.120 $
|
80 | 0.0% | ||||
64 |
Nobody
Ethereum
|
0,19 ETH
588,13 $
|
11.8% |
1.900 ETH
5.881.313 $
|
21,03 ETH
65.103 $
|
39 | 0.3% | ||||
65 |
O.P.I.U.M.
Bitcoin
|
0,50 BTC
32.087 $
|
0.0% |
387,72 BTC
24.931.414 $
|
0,98 BTC
62.695 $
|
2 | 0.0% | ||||
66 |
Bitcoin Frogs
Bitcoin
|
0,076 BTC
4.880,18 $
|
0.1% |
759,00 BTC
48.801.815 $
|
0,97 BTC
62.593 $
|
13 | 0.1% | ||||
67 |
Natcats
Bitcoin
|
0,030 BTC
1.929,06 $
|
2.9% |
241,92 BTC
15.555.966 $
|
0,97 BTC
62.563 $
|
32 | 0.1% | ||||
68 |
Azuki Elementals
Ethereum
|
0,38 ETH
1.160,75 $
|
0.8% |
5.911 ETH
18.295.773 $
|
18,83 ETH
58.271 $
|
38 | 0.1% | ||||
69 |
Tiny Vikings
Bitcoin
|
0,011 BTC
707,14 $
|
0.0% |
219,96 BTC
14.142.882 $
|
0,90 BTC
58.022 $
|
80 | 0.0% | ||||
70 |
PX Quest
Ethereum
|
0,85 ETH
2.640,01 $
|
2.1% |
6.397 ETH
19.800.084 $
|
18,74 ETH
57.991 $
|
20 | 0.0% | ||||
71 |
Pizza Ninjas
Bitcoin
|
0,12 BTC
7.909,16 $
|
24.9% |
184,50 BTC
11.863.743 $
|
0,89 BTC
56.971 $
|
6 | 0.1% | ||||
72 |
Honey Comb
Ethereum
|
0,29 ETH
903,56 $
|
2.7% |
4.793 ETH
14.836.458 $
|
16,95 ETH
52.457 $
|
58 | 0.1% | ||||
73 |
Honey Badgers
Bitcoin
|
0,017 BTC
1.093,14 $
|
17.2% |
170,00 BTC
10.931.362 $
|
0,81 BTC
51.786 $
|
46 | 0.7% | ||||
74 |
Pixelmon Trainers - Generation 1
Ethereum
|
0,31 ETH
963,39 $
|
1.8% |
2.179 ETH
6.743.709 $
|
16,57 ETH
51.301 $
|
53 | 0.4% | ||||
75 |
Bitcoin Punks
Bitcoin
|
0,028 BTC
1.800,46 $
|
9.7% |
280,00 BTC
18.004.596 $
|
0,79 BTC
50.548 $
|
20 | 0.1% | ||||
76 |
Skyborne - NexianGems
Ethereum
|
0,95 ETH
2.931,29 $
|
4.9% |
3.156 ETH
9.769.975 $
|
15,84 ETH
49.030 $
|
17 | 0.4% | ||||
77 |
Sugartown Oras
Ethereum
|
0,15 ETH
464,30 $
|
4.4% |
992,10 ETH
3.070.885 $
|
15,84 ETH
49.021 $
|
111 | 0.4% | ||||
78 |
Sappy Seals
Ethereum
|
0,63 ETH
1.954,77 $
|
8.2% |
6.313 ETH
19.541.866 $
|
15,81 ETH
48.939 $
|
23 | 0.2% | ||||
79 |
TENJIN
Ethereum
|
0,22 ETH
680,98 $
|
2.0% |
1.760 ETH
5.447.184 $
|
14,18 ETH
43.895 $
|
68 | 0.1% | ||||
80 |
Otherdeed for Otherside
Ethereum
|
0,22 ETH
676,66 $
|
13.9% |
10.323 ETH
31.952.756 $
|
13,54 ETH
41.903 $
|
45 | 0.0% | ||||
81 |
Pixels - Farm Land
Ethereum
|
1,59 ETH
4.921,76 $
|
10.7% |
7.950 ETH
24.608.781 $
|
13,29 ETH
41.154 $
|
7 | 0.5% | ||||
82 |
Async Blueprints
Ethereum
|
0,007 ETH
22,18 $
|
4.5% |
174,40 ETH
537.301 $
|
13,19 ETH
40.629 $
|
20 | 0.0% | ||||
83 |
OverTrip Founder's ID
Ethereum
|
0,27 ETH
827,23 $
|
13.6% |
237,81 ETH
734.583 $
|
13,11 ETH
40.486 $
|
51 | 1.6% | ||||
84 |
DigiDaigaku
Ethereum
|
2,70 ETH
8.345,03 $
|
6.1% |
5.451 ETH
16.873.656 $
|
13,06 ETH
40.425 $
|
5 | 0.4% | ||||
85 |
MoonCats - Acclimated
Ethereum
|
0,18 ETH
556,85 $
|
2.2% |
3.583 ETH
11.090.253 $
|
13,01 ETH
40.270 $
|
73 | 0.1% | ||||
86 |
Ultiverse - Electric Sheep
Ethereum
|
1,47 ETH
4.547,21 $
|
3.5% |
10.283 ETH
31.830.453 $
|
12,88 ETH
39.869 $
|
9 | 0.1% | ||||
87 |
Pandora
Ethereum
|
3,48 ETH
10.753,49 $
|
0.0% |
0 ETH
0,00 €
|
12,77 ETH
39.448 $
|
1 | 0.2% | ||||
88 |
Muraqqa
Ethereum
|
4,50 ETH
13.863,97 $
|
12.8% |
499,50 ETH
1.538.901 $
|
12,79 ETH
39.404 $
|
4 | 3.8% | ||||
89 |
RG Bytes
Ethereum
|
0,39 ETH
1.191,75 $
|
2.5% |
1.925 ETH
5.957.538 $
|
12,57 ETH
38.906 $
|
36 | 0.2% | ||||
90 |
Little Pups
Bitcoin
|
0,008 BTC
507,31 $
|
38.4% |
78,90 BTC
5.073.074 $
|
0,59 BTC
38.234 $
|
80 | 0.2% | ||||
91 |
Nakamigos
Ethereum
|
0,11 ETH
334,30 $
|
12.2% |
2.152 ETH
6.662.196 $
|
11,30 ETH
34.974 $
|
99 | 0.2% | ||||
92 |
BEANZ Official
Ethereum
|
0,21 ETH
650,00 $
|
1.5% |
4.189 ETH
12.967.467 $
|
10,86 ETH
33.625 $
|
50 | 0.0% | ||||
93 |
Runevo
Bitcoin
|
0,007 BTC
474,55 $
|
0.0% |
44,46 BTC
2.859.162 $
|
0,52 BTC
33.600 $
|
80 | 0.0% | ||||
94 |
Mintify Genesis
Ethereum
|
0,14 ETH
445,42 $
|
13.3% |
843,40 ETH
2.610.602 $
|
10,85 ETH
33.573 $
|
71 | 0.1% | ||||
95 |
Rug Radio - Genesis NFT
Ethereum
|
0,12 ETH
368,35 $
|
18.4% |
2.380 ETH
7.366.906 $
|
10,84 ETH
33.556 $
|
90 | 0.3% | ||||
96 |
Sports Rollbots
Ethereum
|
0,27 ETH
847,18 $
|
7.0% |
2.737 ETH
8.471.814 $
|
10,77 ETH
33.341 $
|
11 | 0.9% | ||||
97 |
Moonbirds
Ethereum
|
0,49 ETH
1.526,00 $
|
1.4% |
4.930 ETH
15.260.019 $
|
10,77 ETH
33.332 $
|
20 | 0.0% | ||||
98 |
Azuki Elemental Beans
Ethereum
|
0,67 ETH
2.088,73 $
|
15.4% |
3.635 ETH
11.252.013 $
|
10,45 ETH
32.350 $
|
17 | 0.3% | ||||
99 |
Blond
Ethereum
|
2,67 ETH
8.248,30 $
|
3.5% |
42,72 ETH
131.973 $
|
10,47 ETH
32.344 $
|
4 | 0.0% | ||||
100 |
Candy Collective: Genesis Collection
Ethereum
|
0,45 ETH
1.386,42 $
|
0.2% |
895,80 ETH
2.772.833 $
|
10,42 ETH
32.249 $
|
24 | 0.4% |
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.