Top NFT Collection Prices Ranked by Market Cap
# | NFT | Floor Price | 24h | 7d | 30d | Last 7 Days | Market Cap | 24h Volume | 24h Sales | |||
---|---|---|---|---|---|---|---|---|---|---|---|---|
1 |
![]() |
CryptoPunks
![]() |
Buy
|
42.00 ETH
$86,428
|
5.0% | 9.5% | 19.2% |
|
$863,763,729
419,748 ETH
|
969.87 ETH
$1,995,813
|
19 | |
2 |
![]() |
Infinex Patrons
![]() |
2.75 ETH
$5,658.99
|
1.8% | 1.9% | 38.5% |
|
$565,898,918
275,000 ETH
|
10.76 ETH
$22,136
|
4 | ||
3 |
![]() |
Bored Ape Yacht Club
![]() |
Buy
|
13.44 ETH
$27,667
|
0.0% | 5.3% | 3.3% |
|
$276,617,890
134,423 ETH
|
55.89 ETH
$115,009
|
4 | |
4 |
![]() |
Pudgy Penguins
![]() |
Buy
|
10.43 ETH
$21,459
|
0.7% | 13.3% | 14.2% |
|
$190,744,947
92,693 ETH
|
182.87 ETH
$376,320
|
17 | |
5 |
![]() |
Autoglyphs
![]() |
99.50 ETH
$204,753
|
0.0% | 0.0% | 0.0% |
|
$104,833,327
50,944 ETH
|
0 ETH
$0.00
|
0 | ||
6 |
![]() |
Mutant Ape Yacht Club
![]() |
Buy
|
2.26 ETH
$4,654.78
|
3.3% | 8.8% | 7.3% |
|
$90,991,591
44,218 ETH
|
52.35 ETH
$107,733
|
22 | |
7 |
![]() |
Chromie Squiggle by Snowfro
![]() |
3.98 ETH
$8,190.10
|
0.0% | 0.0% | 11.6% |
|
$81,901,037
39,800 ETH
|
0 ETH
$0.00
|
0 | ||
8 |
![]() |
Fidenza by Tyler Hobbs
![]() |
34.95 ETH
$71,921
|
0.0% | 13.1% | 5.5% |
|
$71,848,714
34,915 ETH
|
0 ETH
$0.00
|
0 | ||
9 |
![]() |
Milady Maker
![]() |
Buy
|
3.49 ETH
$7,176.63
|
0.1% | 3.2% | 11.0% |
|
$71,608,410
34,798 ETH
|
34.40 ETH
$70,787
|
10 | |
10 |
![]() |
Mad Lads
![]() |
50.00 SOL
$6,995.22
|
3.3% | 9.1% | 2.7% |
|
$69,714,410
498,300 SOL
|
779.34 SOL
$109,033
|
14 | ||
11 |
![]() |
Doodles
![]() |
Buy
|
3.16 ETH
$6,501.46
|
0.8% | 1.6% | 17.5% |
|
$65,001,587
31,588 ETH
|
50.93 ETH
$104,804
|
16 | |
12 |
![]() |
Lil Pudgys
![]() |
1.32 ETH
$2,716.31
|
7.3% | 27.2% | 39.7% |
|
$59,495,420
28,912 ETH
|
97.15 ETH
$199,911
|
73 | ||
13 |
![]() |
Azuki
![]() |
Buy
|
2.67 ETH
$5,494.37
|
8.1% | 12.3% | 8.5% |
|
$54,943,660
26,700 ETH
|
118.38 ETH
$243,597
|
42 | |
14 |
![]() |
Mocaverse
![]() |
2.79 ETH
$5,741.30
|
6.1% | 16.3% | 40.9% |
|
$53,003,995
25,757 ETH
|
0 ETH
$0.00
|
0 | ||
15 |
![]() |
Bit Bears by Berachain
![]() |
8.78 ETH
$18,067.62
|
25.4% | 1.1% | 31.0% |
|
$41,609,719
20,220 ETH
|
13.50 ETH
$27,781
|
2 | ||
16 |
![]() |
Creepz by OVERLORD
![]() |
1.85 ETH
$3,804.25
|
0.0% | 16.7% | 2.1% |
|
$39,781,017
19,332 ETH
|
9.09 ETH
$18,702.31
|
5 | ||
17 |
![]() |
Bitcoin Puppets
![]() |
0.045 BTC
$3,907.91
|
13.1% | 0.0% | 3.2% |
|
$39,083,029
450.04 BTC
|
1.01 BTC
$87,568
|
22 | ||
18 |
![]() |
NodeMonkes
![]() |
0.044 BTC
$3,838.44
|
1.7% | 1.8% | 10.3% |
|
$38,384,381
442.00 BTC
|
0.97 BTC
$84,002
|
22 | ||
19 |
![]() |
VeeFriends
![]() |
1.69 ETH
$3,485.93
|
0.1% | 2.7% | 38.0% |
|
$35,748,256
17,372 ETH
|
2.96 ETH
$6,091.13
|
2 | ||
20 |
![]() |
Quantum Cats
![]() |
0.11 BTC
$9,986.80
|
13.4% | 17.3% | 39.5% |
|
$33,286,003
383.29 BTC
|
0.33 BTC
$28,338
|
3 | ||
21 |
![]() |
Baby Bears
![]() |
25.70 ETH
$52,886
|
14.3% | 14.3% | 14.3% |
|
$30,144,932
14,649 ETH
|
49.88 ETH
$102,644
|
2 | ||
22 |
![]() |
OnChainMonkey (OCM) Genesis
![]() |
0.034 BTC
$2,943.79
|
5.9% | 18.9% | 3.1% |
|
$29,437,859
338.98 BTC
|
0.10 BTC
$8,735.40
|
3 | ||
23 |
![]() |
Meebits
![]() |
Buy
|
0.64 ETH
$1,312.06
|
0.1% | 4.8% | 8.5% |
|
$26,239,945
12,751 ETH
|
3.08 ETH
$6,329.22
|
5 | |
24 |
![]() |
Otherdeed Expanded
![]() |
0.18 ETH
$374.52
|
7.2% | 4.0% | 25.3% |
|
$20,717,859
10,068 ETH
|
15.91 ETH
$32,738
|
86 | ||
25 |
![]() |
Runestone
![]() |
0.002 BTC
$178.03
|
8.9% | 22.6% | 8.4% |
|
$20,010,247
230.42 BTC
|
0.22 BTC
$18,805.53
|
101 | ||
26 |
![]() |
Otherdeed for Otherside
![]() |
Buy
|
0.20 ETH
$417.47
|
1.4% | 2.5% | 35.7% |
|
$19,713,300
9,580 ETH
|
4.09 ETH
$8,415.84
|
19 | |
27 |
![]() |
Winds of Yawanawa by Yawanawa and Refik Anadol
![]() |
8.99 ETH
$18,499.76
|
19.9% | 28.4% | 28.4% |
|
$18,499,757
8,990 ETH
|
7.50 ETH
$15,433.61
|
1 | ||
28 |
![]() |
Lifinity Flares
![]() |
12.64 SOL
$1,768.39
|
5.3% | 1.9% | 44.4% |
|
$16,799,732
120,080 SOL
|
24.11 SOL
$3,372.82
|
2 | ||
29 |
![]() |
Synclub's SnBNB Early Adopters
![]() |
1.00 BNB
$644.26
|
0.0% | 0.0% | 0.0% |
|
$16,341,023
25,364 BNB
|
2.75 BNB
$1,770.99
|
38 | ||
30 |
![]() |
Captainz
![]() |
0.76 ETH
$1,565.98
|
3.9% | 12.9% | 36.5% |
|
$15,678,776
7,619 ETH
|
76.70 ETH
$157,839
|
99 | ||
31 |
![]() |
Wealthy Hypio Babies
![]() |
1.34 ETH
$2,757.41
|
7.6% | 41.0% | 10.9% |
|
$15,317,403
7,444 ETH
|
2.52 ETH
$5,183.64
|
2 | ||
32 |
![]() |
Parallel Avatars
![]() |
0.66 ETH
$1,366.39
|
10.7% | 18.8% | 2.3% |
|
$15,031,647
7,305 ETH
|
26.22 ETH
$53,946
|
41 | ||
33 |
![]() |
Solana Monkey Business
![]() |
Buy
|
20.71 SOL
$2,897.87
|
0.3% | 8.6% | 4.7% |
|
$14,469,064
103,421 SOL
|
1,167 SOL
$163,258
|
57 | |
34 |
![]() |
Skyborne - NexianGems
![]() |
2.10 ETH
$4,321.41
|
12.1% | 36.6% | 94.4% |
|
$14,403,265
6,999 ETH
|
4.00 ETH
$8,231.26
|
2 | ||
35 |
![]() |
Kanpai Pandas
![]() |
0.81 ETH
$1,660.55
|
8.9% | 1.8% | 73.9% |
|
$14,197,716
6,899 ETH
|
4.44 ETH
$9,134.56
|
6 | ||
36 |
![]() |
Degen Fat Cats
![]() |
4.96 SOL
$694.60
|
2.4% | 0.0% | 29.0% |
|
$13,890,707
99,287 SOL
|
13.32 SOL
$1,862.83
|
3 | ||
37 |
![]() |
Ordinal Maxi Biz (OMB)
![]() |
0.030 BTC
$2,596.59
|
1.4% | 14.8% | 49.2% |
|
$13,613,915
156.77 BTC
|
1.11 BTC
$96,574
|
34 | ||
38 |
|
Redacted Remilio Babies
![]() |
0.62 ETH
$1,273.79
|
4.2% | 5.8% | 20.2% |
|
$12,735,305
6,189 ETH
|
4.78 ETH
$9,846.64
|
8 | ||
39 |
![]() |
mfers
![]() |
0.62 ETH
$1,265.56
|
2.7% | 0.8% | 46.4% |
|
$12,679,608
6,162 ETH
|
6.66 ETH
$13,713.28
|
11 | ||
40 |
![]() |
Sappy Seals
![]() |
0.56 ETH
$1,160.59
|
0.7% | 4.7% | 17.2% |
|
$11,602,389
5,638 ETH
|
6.64 ETH
$13,672.12
|
12 | ||
41 |
![]() |
MAX PAIN AND FRENS BY XCOPY
![]() |
0.77 ETH
$1,577.93
|
19.8% | 28.9% | 25.7% |
|
$10,996,612
5,344 ETH
|
4.20 ETH
$8,648.28
|
6 | ||
42 |
![]() |
GGSG: Galactic Geckos
![]() |
7.85 SOL
$1,098.41
|
4.4% | 4.4% | 1.5% |
|
$10,984,081
78,511 SOL
|
20.73 SOL
$2,899.91
|
3 | ||
43 |
![]() |
Terraforms by Mathcastles
![]() |
Buy
|
0.52 ETH
$1,080.35
|
5.0% | 12.1% | 16.2% |
|
$10,707,337
5,203 ETH
|
4.26 ETH
$8,774.98
|
7 | |
44 |
![]() |
DeGods
![]() |
Buy
|
0.56 ETH
$1,151.57
|
0.0% | 3.2% | 1.8% |
|
$10,352,649
5,031 ETH
|
0 ETH
$0.00
|
0 | |
45 |
![]() |
Decentraland
![]() |
0.051 ETH
$104.95
|
11.9% | 24.4% | 31.9% |
|
$10,337,958
5,024 ETH
|
0.71 ETH
$1,464.54
|
14 | ||
46 |
![]() |
RG Bytes
![]() |
0.94 ETH
$1,934.35
|
25.3% | 132.8% | 129.3% |
|
$9,669,796
4,699 ETH
|
45.16 ETH
$92,935
|
55 | ||
47 |
![]() |
Bored Ape Kennel Club
![]() |
0.49 ETH
$1,006.06
|
0.4% | 8.0% | 1.8% |
|
$9,660,224
4,694 ETH
|
5.97 ETH
$12,291.32
|
7 | ||
48 |
![]() |
Bad Kids
![]() |
336,496 STARS
$953.86
|
10.4% | 1.5% | 177283.4% |
|
$9,534,786
3,363,617,312 STARS
|
952,993 STARS
$2,701.43
|
3 | ||
49 |
![]() |
Bitcoin Frogs
![]() |
0.011 BTC
$952.66
|
8.2% | 6.2% | 18.0% |
|
$9,526,621
109.70 BTC
|
0.057 BTC
$4,976.94
|
4 | ||
50 |
![]() |
Azuki Elementals
![]() |
0.26 ETH
$534.48
|
7.8% | 7.2% | 9.5% |
|
$9,409,790
4,573 ETH
|
51.21 ETH
$105,372
|
148 | ||
51 |
![]() |
Pirate Nation - Founder's Pirates
![]() |
0.46 ETH
$942.07
|
22.1% | 16.3% | 16.4% |
|
$9,419,735
4,578 ETH
|
5.18 ETH
$10,654.66
|
12 | ||
52 |
![]() |
Forgotten Runes Wizards Cult
![]() |
0.47 ETH
$977.05
|
1.1% | 43.9% | 25.3% |
|
$9,134,082
4,439 ETH
|
8.29 ETH
$17,061.35
|
18 | ||
53 |
![]() |
Cool Cats
![]() |
0.41 ETH
$849.28
|
0.3% | 5.2% | 8.1% |
|
$8,465,631
4,114 ETH
|
2.13 ETH
$4,375.08
|
5 | ||
54 |
![]() |
Moonbirds
![]() |
Buy
|
0.40 ETH
$821.54
|
1.9% | 2.6% | 2.6% |
|
$8,215,415
3,992 ETH
|
2.79 ETH
$5,747.48
|
6 | |
55 |
![]() |
Clone X
![]() |
0.20 ETH
$405.12
|
4.2% | 3.1% | 7.1% |
|
$8,009,272
3,892 ETH
|
4.89 ETH
$10,071.06
|
23 | ||
56 |
![]() |
Pudgy Rods
![]() |
0.53 ETH
$1,080.35
|
5.3% | 31.9% | 42.0% |
|
$7,989,209
3,882 ETH
|
4.63 ETH
$9,527.19
|
8 | ||
57 |
![]() |
VeeFriends Series 2
![]() |
0.072 ETH
$147.95
|
3.5% | 5.9% | 22.1% |
|
$7,939,625
3,858 ETH
|
3.16 ETH
$6,497.75
|
22 | ||
58 |
![]() |
Bitcoin Punks
![]() |
0.008 BTC
$732.94
|
0.1% | 0.7% | 4.1% |
|
$7,329,419
84.40 BTC
|
0.083 BTC
$7,194.30
|
9 | ||
59 |
![]() |
World of Women
![]() |
0.36 ETH
$737.96
|
0.4% | 4.9% | 6.9% |
|
$7,379,654
3,586 ETH
|
0.70 ETH
$1,432.20
|
2 | ||
60 |
![]() |
Jirasan
![]() |
0.34 ETH
$697.60
|
3.6% | 3.9% | 18.3% |
|
$6,975,972
3,390 ETH
|
7.59 ETH
$15,620.61
|
22 | ||
61 |
![]() |
Gemesis
![]() |
0.036 ETH
$74.06
|
1.1% | 7.5% | 23.3% |
|
$6,945,482
3,375 ETH
|
7.74 ETH
$15,931.65
|
189 | ||
62 |
![]() |
TOPIA Worlds
![]() |
0.33 ETH
$688.63
|
3.9% | 7.4% | 24.0% |
|
$6,885,563
3,346 ETH
|
3.47 ETH
$7,134.33
|
9 | ||
63 |
![]() |
Kaito Genesis
![]() |
2.18 ETH
$4,481.69
|
5.3% | 0.2% | 39.5% |
|
$6,723,783
3,267 ETH
|
22.11 ETH
$45,498
|
11 | ||
64 |
![]() |
DeGods (Solana)
![]() |
8.53 SOL
$1,193.63
|
0.5% | 1.2% | 3.0% |
|
$6,735,639
48,145 SOL
|
195.72 SOL
$27,382
|
24 | ||
65 |
![]() |
CrypToadz
![]() |
0.45 ETH
$936.29
|
3.4% | 8.3% | 3.7% |
|
$6,574,653
3,195 ETH
|
0.90 ETH
$1,852.03
|
1 | ||
66 |
![]() |
Pixelmon
![]() |
0.24 ETH
$486.55
|
2.9% | 0.6% | 29.2% |
|
$6,357,640
3,090 ETH
|
3.40 ETH
$6,987.74
|
12 | ||
67 |
![]() |
BEANZ Official
![]() |
0.15 ETH
$312.79
|
14.8% | 21.6% | 7.3% |
|
$6,240,118
3,032 ETH
|
6.77 ETH
$13,925.42
|
47 | ||
68 |
![]() |
Pizza Ninjas
![]() |
0.048 BTC
$4,150.90
|
2.4% | 20.9% | 6.3% |
|
$6,226,346
71.70 BTC
|
0.090 BTC
$7,798.37
|
2 | ||
69 |
![]() |
Sproto Gremlins
![]() |
0.89 ETH
$1,831.44
|
0.1% | 9.9% | 19.0% |
|
$6,098,691
2,964 ETH
|
3.41 ETH
$7,008.49
|
4 | ||
70 |
![]() |
77-Bit
![]() |
0.38 ETH
$780.74
|
2.2% | 1.4% | 45.9% |
|
$6,071,776
2,951 ETH
|
13.33 ETH
$27,431
|
34 | ||
71 |
![]() |
Nakamigos
![]() |
0.15 ETH
$303.93
|
11.5% | 1.4% | 49.4% |
|
$6,057,862
2,944 ETH
|
8.29 ETH
$17,067.86
|
51 | ||
72 |
![]() |
Natcats
![]() |
0.008 BTC
$729.48
|
2.3% | 8.7% | 6.6% |
|
$5,882,502
67.74 BTC
|
0.081 BTC
$7,074.86
|
9 | ||
73 |
![]() |
MoonCats - Acclimated
![]() |
0.14 ETH
$286.04
|
0.7% | 4.6% | 5.1% |
|
$5,896,638
2,865 ETH
|
0.81 ETH
$1,671.16
|
6 | ||
74 |
![]() |
rektguy
![]() |
0.32 ETH
$658.17
|
6.6% | 18.5% | 23.2% |
|
$5,801,976
2,819 ETH
|
8.23 ETH
$16,938.30
|
26 | ||
75 |
![]() |
Treeverse Plots
![]() |
0.26 ETH
$534.99
|
4.0% | 33.3% | 73.4% |
|
$5,574,604
2,709 ETH
|
2.68 ETH
$5,519.06
|
11 | ||
76 |
![]() |
Azra Games - The Hopeful
![]() |
0.49 ETH
$1,007.50
|
0.2% | 0.2% | 0.0% |
|
$5,596,663
2,720 ETH
|
1.59 ETH
$3,265.75
|
3 | ||
77 |
![]() |
Rug Radio - Genesis NFT
![]() |
0.13 ETH
$272.45
|
14.6% | 1.8% | 4.0% |
|
$5,449,094
2,648 ETH
|
1.31 ETH
$2,696.45
|
11 | ||
78 |
![]() |
Karma
![]() |
0.20 ETH
$409.44
|
13.5% | 90.4% | 33.5% |
|
$5,401,240
2,625 ETH
|
2.80 ETH
$5,757.56
|
9 | ||
79 |
![]() |
Karma Monkey
![]() |
0.20 ETH
$409.44
|
15.3% | 90.4% | 33.5% |
|
$5,401,240
2,625 ETH
|
2.80 ETH
$5,757.56
|
9 | ||
80 |
![]() |
The Currency
![]() |
1.23 ETH
$2,531.11
|
0.0% | 23.0% | 16.9% |
|
$5,302,681
2,577 ETH
|
7.32 ETH
$15,063.21
|
3 | ||
81 |
![]() |
Bit Bears
![]() |
330.00 BERA
$2,539.79
|
2.6% | 5.4% | 32.6% |
|
$5,097,365
662,310 BERA
|
1,639 BERA
$12,615.84
|
5 | ||
82 |
![]() |
The Potatoz
![]() |
0.24 ETH
$503.49
|
2.0% | 12.1% | 35.5% |
|
$5,034,764
2,447 ETH
|
25.62 ETH
$52,718
|
108 | ||
83 |
![]() |
Opepen Edition
![]() |
0.15 ETH
$314.37
|
6.1% | 21.7% | 32.4% |
|
$5,029,958
2,444 ETH
|
6.00 ETH
$12,354.50
|
19 | ||
84 |
![]() |
1000X GEM
![]() |
18.03 SOL
$2,522.41
|
4.7% | 0.9% | 32.2% |
|
$5,042,294
36,041 SOL
|
100.01 SOL
$13,991.85
|
6 | ||
85 |
![]() |
Bitcoin Wizards
![]() |
0.042 BTC
$3,603.96
|
0.0% | 12.4% | 13.2% |
|
$4,822,103
55.53 BTC
|
0.040 BTC
$3,473.70
|
1 | ||
86 |
![]() |
Honey Comb
![]() |
0.13 ETH
$273.46
|
3.0% | 7.6% | 17.9% |
|
$4,490,263
2,182 ETH
|
0.51 ETH
$1,058.95
|
4 | ||
87 |
![]() |
PX Quest
![]() |
0.28 ETH
$576.19
|
21.0% | 12.1% | 12.1% |
|
$4,321,411
2,100 ETH
|
4.53 ETH
$9,319.84
|
16 | ||
88 |
![]() |
Retardio Cousins
![]() |
6.95 SOL
$972.59
|
2.3% | 5.6% | 23.6% |
|
$4,322,175
30,894 SOL
|
70.50 SOL
$9,863.24
|
10 | ||
89 |
![]() |
PXQuest Adventurer
![]() |
0.28 ETH
$576.19
|
19.8% | 12.1% | 12.1% |
|
$4,321,411
2,100 ETH
|
4.53 ETH
$9,319.84
|
16 | ||
90 |
![]() |
Chimpers
![]() |
0.37 ETH
$766.98
|
3.8% | 9.9% | 6.6% |
|
$4,260,726
2,071 ETH
|
3.35 ETH
$6,898.43
|
9 | ||
91 |
![]() |
DeepBlack
![]() |
0.67 ETH
$1,373.32
|
2.0% | 8.6% | 29.0% |
|
$4,227,165
2,054 ETH
|
1.62 ETH
$3,327.49
|
3 | ||
92 |
![]() |
Okay Bears
![]() |
Buy
|
3.05 SOL
$426.57
|
0.0% | 27.1% | 74.2% |
|
$4,205,115
30,057 SOL
|
31.79 SOL
$4,447.78
|
9 | |
93 |
![]() |
Checks - VV Edition
![]() |
0.37 ETH
$751.10
|
1.3% | 17.8% | 11.7% |
|
$4,040,931
1,964 ETH
|
0.75 ETH
$1,536.98
|
2 | ||
94 |
![]() |
Habbo Avatars
![]() |
0.17 ETH
$345.71
|
5.7% | 0.6% | 35.2% |
|
$4,009,876
1,949 ETH
|
3.49 ETH
$7,180.13
|
15 | ||
95 |
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Tensorians
![]() |
3.23 SOL
$451.89
|
2.0% | 19.0% | 30.5% |
|
$4,007,374
28,644 SOL
|
3.18 SOL
$445.01
|
1 | ||
96 |
![]() |
a KID called BEAST
![]() |
0.19 ETH
$382.63
|
10.7% | 22.8% | 18.2% |
|
$3,826,454
1,859 ETH
|
2.68 ETH
$5,512.18
|
13 | ||
97 |
![]() |
RSIC METAPROTOCOL
![]() |
0.002 BTC
$175.42
|
17.2% | 42.3% | 43.9% |
|
$3,683,858
42.42 BTC
|
0.14 BTC
$11,852.79
|
54 | ||
98 |
![]() |
Proof of Narnian NFT
![]() |
0.53 ETH
$1,100.52
|
0.9% | 20.4% | 36.3% |
|
$3,668,710
1,783 ETH
|
3.98 ETH
$8,199.98
|
8 | ||
99 |
![]() |
Project AEON
![]() |
0.53 ETH
$1,096.61
|
20.0% | 2.5% | 7.5% |
|
$3,661,859
1,779 ETH
|
12.38 ETH
$25,472
|
23 | ||
100 |
![]() |
Good Vibes Club
![]() |
0.26 ETH
$524.74
|
14.7% | 51.9% | 0.0% |
|
$3,655,691
1,776 ETH
|
68.44 ETH
$140,839
|
193 |
Featured NFT Articles
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 Data 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.