Kurse der Top-NFT-Sammlungen gerankt nach Marktkap
| # | NFT | Grundpreis | 24h | 7d | 30d | Letzte 7 Tage | Marktkap | 24-Stunden-Volumen | 24h Verkäufe | |||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 101 |
|
Probably Nothing Genesis
|
0,028 ETH
61,58 $
|
40.4% | 297.1% | 334.4% |
|
472.566 $
213,34 ETH
|
3,64 ETH
8.058,79 $
|
99 | ||
| 102 |
|
Sword of Grandia
|
0,40 ETH
879,39 $
|
0.0% | 341.1% | 260.9% |
|
439.693 $
198,50 ETH
|
0,79 ETH
1.758,78 $
|
2 | ||
| 103 |
|
Buidlers Collective GENESIS
|
4,47 SOL
371,08 $
|
9.5% | 9.5% | 46.0% |
|
346.961 $
4.177 SOL
|
16,25 SOL
1.349,36 $
|
4 | ||
| 104 |
|
Ship
|
0,050 ETH
110,53 $
|
2.2% | 18.8% | 28.3% |
|
336.908 $
152,10 ETH
|
0,60 ETH
1.339,70 $
|
- | ||
| 105 |
|
Courtyard.io
|
0,0002 ETH
0,431834 $
|
0.0% | 89.4% | 1.0% |
|
198.528 $
89,62 ETH
|
107,71 ETH
238.600 $
|
4.029 | ||
| 106 |
|
Vibe Tribe
|
0,97 SOL
80,58 $
|
11.3% | 27.1% | 36.9% |
|
129.004 $
1.553 SOL
|
14,08 SOL
1.169,66 $
|
15 | ||
| 107 |
|
OZMO
|
23,41 SOL
1.944,28 $
|
0.0% | 0.0% | 0.0% |
|
106.935 $
1.287 SOL
|
21,00 SOL
1.744,19 $
|
1 | ||
| 108 |
|
DeezNode
|
431,21 SOL
35.816 $
|
0.0% | 0.0% | 0.0% |
|
71.633 $
862,41 SOL
|
345,00 SOL
28.656 $
|
1 | ||
| 109 |
|
Async Blueprints
|
0,001 ETH
2,86 $
|
0.0% | 0.0% | 0.0% |
|
69.214 $
31,25 ETH
|
13,50 ETH
29.907 $
|
2 | ||
| 110 |
|
Drifella III
|
0,59 SOL
48,88 $
|
0.0% | 0.0% | 0.0% |
|
65.159 $
784,47 SOL
|
85,41 SOL
7.094,00 $
|
111 | ||
| 111 |
|
Trench Warriors
|
0,15 SOL
12,53 $
|
0.0% | 7.3% | 7.3% |
|
53.108 $
639,39 SOL
|
12,29 SOL
1.021,20 $
|
58 | ||
| 112 |
|
The Magus Official
|
0,004 ETH
8,84 $
|
0.0% | 0.0% | 0.0% |
|
7.521,39 $
3,40 ETH
|
0,83 ETH
1.829,48 $
|
- | ||
| 113 |
|
Trump Bitcoin Digital Trading Cards
|
0,075 BTC
5.394,26 $
|
0.0% | 0.0% | 0.0% |
|
5.394,26 $
0,075 BTC
|
0,031 BTC
2.229,63 $
|
1 | ||
| 114 |
|
Bonk Puppets
|
0,023 SOL
1,92 $
|
0.0% | 0.0% | 0.0% |
|
4.215,38 $
50,75 SOL
|
55,92 SOL
4.644,44 $
|
2.241 | ||
| - |
|
Otherside Koda
|
0,66 ETH
1.454,18 $
|
0.4% | 15.2% | 5.1% |
|
11.765.740 $
5.312 ETH
|
0,58 ETH
1.284,76 $
|
1 | ||
| - |
|
Gamba Dogs
|
4,27 SOL
354,41 $
|
2.3% | 11.4% | 22.3% |
|
708.829 $
8.534 SOL
|
11,61 SOL
964,42 $
|
3 | ||
| - |
|
Bitcoin Wizards
|
0,014 BTC
970,97 $
|
0.0% | 4.9% | 10.0% |
|
1.299.153 $
18,06 BTC
|
0,013 BTC
956,58 $
|
1 | ||
| - |
|
Claynosaurz
|
11,41 SOL
947,64 $
|
0.8% | 13.8% | 25.1% |
|
9.696.301 $
116.738 SOL
|
11,24 SOL
933,18 $
|
1 | ||
| - |
|
Opepen Edition
|
0,079 ETH
174,94 $
|
1.1% | 17.0% | 29.5% |
|
2.799.085 $
1.264 ETH
|
0,41 ETH
899,13 $
|
5 | ||
| - |
|
BTC DeGods
|
0,017 BTC
1.186,74 $
|
0.0% | 33.7% | 17.5% |
|
634.904 $
8,83 BTC
|
0,012 BTC
873,87 $
|
1 | ||
| - |
|
Murakami.Flowers Official
|
0,17 ETH
374,65 $
|
0.3% | 0.5% | 6.0% |
|
3.819.177 $
1.724 ETH
|
0,38 ETH
852,82 $
|
2 | ||
| - |
|
alignDRAW
|
0,50 ETH
1.105,23 $
|
32.0% | 16.6% | 0.0% |
|
2.994.067 $
1.352 ETH
|
0,38 ETH
841,74 $
|
1 | ||
| - |
|
GAINZ
|
2,99 SOL
248,23 $
|
2.7% | 26.8% | 22.1% |
|
827.356 $
9.961 SOL
|
10,09 SOL
837,91 $
|
3 | ||
| - |
|
GOTM Labz
|
11,77 SOL
977,62 $
|
4.3% | 12.0% | 144.4% |
|
293.287 $
3.531 SOL
|
10,00 SOL
830,61 $
|
1 | ||
| - |
|
MOSCIUN
|
0,52 SOL
42,94 $
|
22.6% | 13.2% | 17.5% |
|
143.133 $
1.723 SOL
|
9,96 SOL
827,10 $
|
20 | ||
| - |
|
Heavy Liquid Graphic
|
0,66 SOL
55,10 $
|
1.6% | 1.6% | 1.6% |
|
55.047 $
662,74 SOL
|
9,91 SOL
822,74 $
|
13 | ||
| - |
|
World of Women
|
0,15 ETH
338,65 $
|
0.0% | 2.0% | 7.3% |
|
3.386.462 $
1.529 ETH
|
0,37 ETH
817,38 $
|
1 | ||
| - |
|
Land
|
0,013 ETH
28,57 $
|
0.0% | 39.7% | 48.4% |
|
570.727 $
257,65 ETH
|
0,36 ETH
797,40 $
|
2 | ||
| - |
|
Okay Bears
|
Kaufen
|
1,15 SOL
95,21 $
|
1.4% | 11.6% | 6.7% |
|
938.595 $
11.300 SOL
|
9,58 SOL
795,34 $
|
8 | |
| - |
|
Wolf Game - Genesis Land
|
0,013 ETH
28,48 $
|
0.3% | 39.9% | 48.6% |
|
568.736 $
256,75 ETH
|
0,36 ETH
797,40 $
|
2 | ||
| - |
|
LP Doll
|
0,93 SOL
77,32 $
|
54.1% | 54.8% | 86.3% |
|
343.615 $
4.137 SOL
|
9,17 SOL
761,81 $
|
13 | ||
| - |
|
rektguy
|
0,17 ETH
380,11 $
|
2.4% | 2.1% | 12.6% |
|
3.350.295 $
1.512 ETH
|
0,34 ETH
750,92 $
|
2 | ||
| - |
|
Taiji Labs Genesis Keys
|
0,15 ETH
325,18 $
|
22.3% | 0.7% | 18.0% |
|
130.071 $
58,72 ETH
|
0,34 ETH
748,71 $
|
3 | ||
| - |
|
Trump Digital Trading Cards
|
0,034 ETH
74,90 $
|
4.9% | 5.4% | 72.9% |
|
3.370.647 $
1.522 ETH
|
0,33 ETH
727,18 $
|
9 | ||
| - |
|
God Hates NFTees
|
0,045 ETH
100,59 $
|
5.5% | 5.4% | 1.3% |
|
505.187 $
228,06 ETH
|
0,33 ETH
726,50 $
|
6 | ||
| - |
|
Retardio Cousins
|
1,17 SOL
96,87 $
|
4.3% | 25.3% | 8.6% |
|
430.506 $
5.183 SOL
|
8,26 SOL
685,99 $
|
7 | ||
| - |
|
Yokai Avengers
|
0,003 BTC
236,63 $
|
37.1% | 26.1% | 15.4% |
|
159.014 $
2,21 BTC
|
0,010 BTC
683,27 $
|
4 | ||
| - |
|
The Senses x Reddit Collectible Avatars
|
0,030 ETH
65,39 $
|
2.3% | 38.4% | 32.9% |
|
85.142 $
38,44 ETH
|
0,30 ETH
657,64 $
|
1 | ||
| - |
|
OCM Genesis by OnChainMonkey®
|
0,012 BTC
861,64 $
|
0.0% | 4.2% | 4.3% |
|
8.616.428 $
119,80 BTC
|
0,009 BTC
654,50 $
|
1 | ||
| - |
|
OnChainMonkey (OCM) Genesis
|
0,012 BTC
861,64 $
|
0.0% | 4.2% | 4.3% |
|
8.616.428 $
119,80 BTC
|
0,009 BTC
654,50 $
|
1 | ||
| - |
|
Polychain Monsters | BNB Chain
|
50,00 BNB
30.126 $
|
0.0% | 7042.9% | 111011.1% |
|
15.438.750.111 $
25.623.750 BNB
|
1,05 BNB
634,79 $
|
10 | ||
| - |
|
The Potatoz
|
0,10 ETH
225,90 $
|
0.0% | 5.1% | 29.0% |
|
2.258.742 $
1.020 ETH
|
0,28 ETH
627,54 $
|
3 | ||
| - |
|
Sunflower Land
|
0,0002 ETH
0,440185 $
|
2.2% | 47.9% | 49.2% |
|
115.432 $
52,11 ETH
|
0,28 ETH
622,98 $
|
7 | ||
| - |
|
My Pet Hooligan
|
0,069 ETH
152,62 $
|
6.0% | 1.3% | 6.7% |
|
1.356.477 $
612,37 ETH
|
0,28 ETH
616,69 $
|
4 | ||
| - |
|
Zecrey Chameleon Avatar
|
0,50 BNB
301,26 $
|
4.4% | 14.2% | 823.5% |
|
1.414.108 $
2.347 BNB
|
1,01 BNB
610,99 $
|
3 | ||
| - |
|
Proof of Narnian NFT
|
0,14 ETH
309,89 $
|
0.0% | 9.3% | 23.1% |
|
1.032.877 $
466,29 ETH
|
0,27 ETH
600,07 $
|
2 | ||
| - |
|
Doge Friends
|
0,39 BNB
237,71 $
|
0.0% | 0.0% | 0.0% |
|
71.314 $
118,36 BNB
|
0,97 BNB
584,90 $
|
- | ||
| - |
|
Wealthy Hypio Babies
|
0,13 ETH
294,91 $
|
2.2% | 7.5% | 23.4% |
|
1.638.236 $
739,57 ETH
|
0,26 ETH
580,27 $
|
2 | ||
| - |
|
iconito
|
0,15 SOL
12,70 $
|
5.5% | 23.9% | 204.2% |
|
63.524 $
764,79 SOL
|
6,95 SOL
577,43 $
|
13 | ||
| - |
|
Pizza Ninjas
|
0,009 BTC
627,17 $
|
0.0% | 0.9% | 17.7% |
|
940.759 $
13,08 BTC
|
0,008 BTC
577,55 $
|
1 | ||
| - |
|
BTC Machines
|
0,009 BTC
629,33 $
|
1.7% | 7.4% | 9.4% |
|
488.989 $
6,80 BTC
|
0,008 BTC
575,39 $
|
1 | ||
| - |
|
Gib Meme Gigapack Memecards
|
0,033 SOL
2,71 $
|
1.4% | 9.1% | 8.8% |
|
156.851 $
1.888 SOL
|
6,66 SOL
553,31 $
|
170 | ||
| - |
|
Mutants On Sol Crew
|
0,20 SOL
16,41 $
|
1.0% | 45.8% | 1.1% |
|
57.432 $
691,45 SOL
|
6,55 SOL
544,22 $
|
28 | ||
| - |
|
Garbage Friends
|
0,013 ETH
29,64 $
|
12.5% | 13.8% | 33.1% |
|
146.186 $
66,00 ETH
|
0,24 ETH
540,79 $
|
17 | ||
| - |
|
1000X GEM
|
6,95 SOL
577,60 $
|
0.0% | 20.6% | 4.4% |
|
1.154.616 $
13.901 SOL
|
6,50 SOL
539,81 $
|
1 | ||
| - |
|
The Memes by 6529
|
0,017 ETH
36,86 $
|
0.0% | 1.5% | 11.0% |
|
7.457.613 $
3.367 ETH
|
0,24 ETH
536,37 $
|
10 | ||
| - |
|
GDC
|
6,13 SOL
509,52 $
|
1.2% | 1.2% | 1.2% |
|
509.009 $
6.128 SOL
|
6,40 SOL
531,59 $
|
1 | ||
| - |
|
Soul Gate: Hero Cartridges
|
0,24 SOL
19,53 $
|
27.3% | 28.5% | 25.3% |
|
39.032 $
469,92 SOL
|
6,35 SOL
527,66 $
|
28 | ||
| - |
|
Froganas
|
Kaufen
|
0,62 SOL
51,89 $
|
3.6% | 0.4% | 11.2% |
|
288.260 $
3.470 SOL
|
6,11 SOL
507,41 $
|
10 | |
| - |
|
Motocat Racing Club
|
0,008 BTC
558,77 $
|
0.0% | 20.7% | 33.9% |
|
0,00 €
0 BTC
|
0,007 BTC
503,46 $
|
1 | ||
| - |
|
BullBears
|
0,26 SOL
21,65 $
|
20.6% | 38.6% | 12.9% |
|
167.904 $
2.021 SOL
|
6,03 SOL
500,93 $
|
15 | ||
| - |
|
Parallel Avatars
|
0,035 ETH
78,51 $
|
16.7% | 24.6% | 26.2% |
|
863.642 $
389,89 ETH
|
0,22 ETH
496,67 $
|
6 | ||
| - |
|
Hashmasks
|
0,050 ETH
110,98 $
|
4.4% | 11.9% | 27.2% |
|
1.816.917 $
820,24 ETH
|
0,22 ETH
496,06 $
|
4 | ||
| - |
|
Valhalla
|
0,013 ETH
28,49 $
|
20.2% | 28.5% | 28.5% |
|
256.403 $
115,75 ETH
|
0,22 ETH
492,42 $
|
21 | ||
| - |
|
Common Wealth Genesis NFT Series 2
|
0,23 ETH
509,25 $
|
0.0% | 34.3% | 8.9% |
|
1.685.631 $
760,97 ETH
|
0,22 ETH
476,25 $
|
1 | ||
| - |
|
Base Gods
|
0,26 ETH
575,93 $
|
3.7% | 13.0% | 25.7% |
|
465.351 $
210,08 ETH
|
0,22 ETH
476,25 $
|
1 | ||
| - |
|
Torrino DAO
|
3,47 SOL
288,27 $
|
11.6% | 14.1% | 1.7% |
|
144.133 $
1.735 SOL
|
5,55 SOL
460,99 $
|
2 | ||
| - |
|
Dead King Society Nobles
|
5,97 SOL
495,92 $
|
0.0% | 4.1% | 20.4% |
|
148.776 $
1.791 SOL
|
5,55 SOL
460,99 $
|
1 | ||
| - |
|
Kemonokaki
|
0,018 ETH
39,85 $
|
7.7% | 5.8% | 23.6% |
|
398.499 $
179,90 ETH
|
0,20 ETH
449,59 $
|
11 | ||
| - |
|
Quack Heads
|
1,25 SOL
103,82 $
|
6.5% | 1.1% | 5.1% |
|
207.546 $
2.499 SOL
|
5,36 SOL
445,21 $
|
5 | ||
| - |
|
Mutant Cartel Oath
|
0,010 ETH
22,10 $
|
0.0% | 9.3% | 16.2% |
|
36.215 $
16,35 ETH
|
0,20 ETH
443,02 $
|
2 | ||
| - |
|
3D Invisible Friends
|
0,024 ETH
52,43 $
|
37.8% | 42.3% | 28.7% |
|
262.147 $
118,35 ETH
|
0,19 ETH
425,46 $
|
8 | ||
| - |
|
Natcats
|
0,003 BTC
204,26 $
|
0.0% | 5.0% | 9.8% |
|
1.647.173 $
22,90 BTC
|
0,006 BTC
423,62 $
|
2 | ||
| - |
|
Pandu Pandas
|
0,99 SOL
82,24 $
|
17.8% | 54.0% | 39.7% |
|
131.915 $
1.588 SOL
|
4,99 SOL
414,65 $
|
4 | ||
| - |
|
Treehouse Squirrel Council
|
0,074 ETH
163,87 $
|
0.0% | 16.7% | 7.9% |
|
164.038 $
74,05 ETH
|
0,18 ETH
409,76 $
|
3 | ||
| - |
|
IO: Imaginary Ones
|
0,068 ETH
151,60 $
|
9.8% | 18.0% | 18.5% |
|
1.347.421 $
608,29 ETH
|
0,18 ETH
392,20 $
|
3 | ||
| - |
|
CENTS
|
0,005 BTC
370,41 $
|
0.0% | 0.8% | 10.8% |
|
3.704.428 $
51,51 BTC
|
0,005 BTC
381,19 $
|
1 | ||
| - |
|
Cursed Bitcoin Punks
|
0,0005 BTC
33,73 $
|
0.0% | 100.4% | 4.2% |
|
337.321 $
4,69 BTC
|
0,005 BTC
359,62 $
|
14 | ||
| - |
|
Star Atlas Crew
|
0,009 SOL
0,711942 $
|
18.7% | 9.7% | 29.3% |
|
1.040.208 $
12.523 SOL
|
4,28 SOL
355,87 $
|
525 | ||
| - |
|
Azra Games - The Hopeful
|
0,091 ETH
201,57 $
|
0.0% | 20.7% | 14.3% |
|
1.119.737 $
505,50 ETH
|
0,16 ETH
354,42 $
|
2 | ||
| - |
|
0N1 Force
|
0,085 ETH
187,60 $
|
9.2% | 1.3% | 20.1% |
|
1.458.573 $
658,46 ETH
|
0,16 ETH
348,44 $
|
2 | ||
| - |
|
GMX Blueberry Club
|
0,13 ETH
296,60 $
|
2.3% | 0.0% | 0.0% |
|
2.966.034 $
1.339 ETH
|
0,16 ETH
347,55 $
|
1 | ||
| - |
|
Rogues
|
0,73 SOL
60,43 $
|
13.3% | 70.0% | 63.9% |
|
201.429 $
2.425 SOL
|
4,16 SOL
345,53 $
|
5 | ||
| - |
|
Wilder PALs: GEN
|
0,053 ETH
116,47 $
|
0.9% | 2.3% | 34.3% |
|
430.467 $
194,33 ETH
|
0,15 ETH
340,75 $
|
2 | ||
| - |
|
Bored Ape Solana Club
|
1,46 SOL
121,13 $
|
0.7% | 23.4% | 24.6% |
|
726.389 $
8.745 SOL
|
4,06 SOL
337,57 $
|
3 | ||
| - |
|
Sugartown Oras
|
0,042 ETH
92,95 $
|
109.8% | 0.0% | 0.0% |
|
655.363 $
295,86 ETH
|
0,15 ETH
333,60 $
|
13 | ||
| - |
|
LuckySea.gg
|
0,41 SOL
34,28 $
|
3.8% | 5.5% | 1.2% |
|
71.068 $
855,62 SOL
|
3,99 SOL
331,68 $
|
10 | ||
| - |
|
Broadside
|
0,004 ETH
8,88 $
|
28.3% | 45.8% | 55.5% |
|
63.941 $
28,87 ETH
|
0,14 ETH
320,53 $
|
27 | ||
| - |
|
Skellie
|
0,030 ETH
66,23 $
|
50.3% | 57.5% | 70.9% |
|
165.580 $
74,75 ETH
|
0,14 ETH
313,88 $
|
- | ||
| - |
|
The Long Lost
|
0,014 ETH
31,21 $
|
0.0% | 11.7% | 4.4% |
|
312.087 $
140,89 ETH
|
0,14 ETH
312,83 $
|
9 | ||
| - |
|
Smyths
|
1,37 SOL
114,18 $
|
0.0% | 9.0% | 3.9% |
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507.426 $
6.109 SOL
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3,70 SOL
307,32 $
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Gemesis
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0,011 ETH
25,47 $
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0.0% | 0.3% | 36.1% |
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2.413.558 $
1.090 ETH
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0,14 ETH
306,33 $
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The Art of Seasons
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0,007 ETH
16,39 $
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8.9% | 8.9% | 8.8% |
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118.628 $
53,55 ETH
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0,14 ETH
301,68 $
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15 | ||
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Cryptoon Goonz
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0,075 ETH
166,13 $
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0.0% | 145.1% | 85.5% |
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1.157.783 $
522,68 ETH
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0,13 ETH
297,82 $
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The Wizards of Ord
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0,005 BTC
388,39 $
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5.3% | 17.8% | 35.0% |
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1.294.492 $
18,00 BTC
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0,004 BTC
291,16 $
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1 | ||
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Quirklings
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0,070 ETH
154,99 $
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0.0% | 6.8% | 21.2% |
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3.049.144 $
1.377 ETH
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0,13 ETH
287,96 $
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Tubby Cats
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0,033 ETH
73,10 $
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5.7% | 188.3% | 14.4% |
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1.461.823 $
659,93 ETH
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0,13 ETH
287,30 $
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Bitcoin Bandits
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0,004 BTC
305,67 $
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0.0% | 6.8% | 14.8% |
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156.505 $
2,18 BTC
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0,004 BTC
286,26 $
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1 | ||
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Lil' Bangers
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0,012 ETH
26,94 $
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3.2% | 2.5% | 31.6% |
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149.628 $
67,55 ETH
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0,13 ETH
282,02 $
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Haxz
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0,44 SOL
36,62 $
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5.6% | 3.1% | 8.8% |
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122.042 $
1.469 SOL
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3,35 SOL
278,32 $
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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
What is NFT Market Cap?
NFT market cap is the total value of all NFTs in a collection in circulation, calculated by multiplying the total supply of NFTs in a collection by the current floor price. It serves as a valuation indicator to compare NFT assets with each other and with other cryptocurrencies. The rank that we assign to a collection reflects its position across all NFT collections in all the chains that we are tracking, hence you can consider it as a global market cap ranking.
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.
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