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Now LIVE: Our 2022 Annual Crypto Report 📊 – Get a full overview & analysis of last year’s trends, across Bitcoin, Ethereum, DeFi, NFT, Exchanges & more!

Top NFT Collection Prices Ranked by 24H Trading Volume

Explore all the top NFT collections by price floor, market cap, and total volume. We aggregate NFT from various blockchains such as Etheruem, Polygon, Optimism, Arbitrum, Klaytn, and more.

# NFT Floor Price 24h 7d Market Cap 24h Volume Owners 24h Owners
1 CryptoPunks
63.99 ETH
$108,792
6.1% cryptopunks 7d floor price chart
639,772.02 ETH
$1,087,704,414
1,400.0 ETH
$2,380,201
3,681 0.1%
2 Checks - VV Edition
0.75 ETH
$1,273.49
19.6% checks - vv edition 7d floor price chart
12,019.5 ETH
$20,408,969
969.13 ETH
$1,645,576
3,864 4.7%
3 MineablePunks
0.0267 ETH
$45.45
-7.1% mineablepunks 7d floor price chart
109.47 ETH
$186,332
802.11 ETH
$1,365,298
954 0.0%
4 Sewer Pass
1.7 ETH
$2,896.13
-24.1% sewer pass 7d floor price chart
42,467.7 ETH
$72,348,255
772.65 ETH
$1,316,293
13,529 0.4%
5 Fluff
0.189 ETH
$321.98
222.0% fluff 7d floor price chart
944.433 ETH
$1,608,942
403.16 ETH
$686,820
1,602 19.1%
6 R Planet - Genesis Collection
0.0305 ETH
$51.91
4.3% r planet - genesis collection 7d floor price chart
270.962 ETH
$461,212
370.49 ETH
$630,626
2,817 -0.1%
7 Otherdeed for Otherside
1.61 ETH
$2,736.75
5.1% otherdeed for otherside 7d floor price chart
161,000.0 ETH
$273,675,302
323.11 ETH
$549,232
33,190 -0.1%
8 Opepen Edition
0.125 ETH
$212.77
183.8% opepen edition 7d floor price chart
1,998.0 ETH
$3,400,852
272.97 ETH
$464,631
5,431 -2.0%
9 Mutant Ape Yacht Club
13.6 ETH
$23,146
-1.1% mutant ape yacht club 7d floor price chart
264,506.4 ETH
$450,169,197
234.55 ETH
$399,181
12,043 0.0%
10 Proceed w/ Caution
0.3374 ETH
$573.53
-15.9% proceed w/ caution 7d floor price chart
2.6992 ETH
$4,588.23
193.69 ETH
$329,239
1,879 -3.3%
11 The Memes by 6529
0.329 ETH
$560.49
17.9% the memes by 6529 7d floor price chart
20.069 ETH
$34,190
161.7 ETH
$275,472
7,247 0.7%
12 y00ts
119.4999 SOL
$3,093.63
10.7% y00ts 7d floor price chart
1,442,244.2931 SOL
$37,336,997
9,996.26 SOL
$258,784
5,762 -0.0%
13 Doodles
6.26 ETH
$10,653.39
1.7% doodles 7d floor price chart
62,600.0 ETH
$106,533,925
146.52 ETH
$249,358
5,549 0.8%
14 a KID called BEAST
0.43799 ETH
$744.65
12.7% a kid called beast 7d floor price chart
4,049.65554 ETH
$6,884,997
134.95 ETH
$229,430
4,172 -1.0%
15 Trump Digital Trading Cards
0.475 ETH
$808.89
21.6% trump digital trading cards 7d floor price chart
21,375.0 ETH
$36,400,157
130.63 ETH
$222,446
14,436 -0.2%
16 Captainz
3.688 ETH
$6,277.45
-7.1% captainz 7d floor price chart
36,876.312 ETH
$62,768,207
126.57 ETH
$215,435
5,287 -0.1%
17 SeizeTheMeebs
0.03 ETH
$51.11
-73.6% seizethemeebs 7d floor price chart
0.18 ETH
$306.68
114.79 ETH
$195,583
2,481 -1.2%
18 PudgyPenguins
5.7871 ETH
$9,826.18
14.5% pudgypenguins 7d floor price chart
51,435.7448 ETH
$87,335,127
103.33 ETH
$175,455
4,534 -0.1%
19 Cool Cats Fractures
0.165 ETH
$280.76
0.0% cool cats fractures 7d floor price chart
1,909.875 ETH
$3,249,847
103.08 ETH
$175,408
11,167 0.0%
20 DeGods
496.0 SOL
$12,818.00
9.8% degods 7d floor price chart
4,960,000.0 SOL
$128,179,973
6,736.59 SOL
$174,092
4,165 -0.3%
21 Bored Ape Yacht Club
64.33 ETH
$109,370
7.7% bored ape yacht club 7d floor price chart
643,171.34 ETH
$1,093,483,747
99.99 ETH
$169,997
6,007 -0.2%
22 Dooplicator
0.425 ETH
$724.03
-30.6% dooplicator 7d floor price chart
3,984.375 ETH
$6,787,808
99.02 ETH
$168,696
5,349 0.2%
23 CloneX
5.09 ETH
$8,653.73
7.9% clonex 7d floor price chart
99,010.68 ETH
$168,332,391
80.62 ETH
$137,074
9,755 -0.0%
24 ENS: Ethereum Name Service
0.0008 ETH
$1.36
22.4% ens: ethereum name service 7d floor price chart
2,126.8176 ETH
$3,623,261
77.35 ETH
$131,776
624,632 0.5%
25 CreateraGenesisLand
1.0798 ETH
$1,835.49
-11.4% createragenesisland 7d floor price chart
2,699.5 ETH
$4,588,736
77.11 ETH
$131,067
909 -0.8%
26 Grails III Mint Pass
2.75 ETH
$4,669.35
16.1% grails iii mint pass 7d floor price chart
233.75 ETH
$396,895
76.92 ETH
$130,610
84 -56.4%
27 PORSCHΞ 911
2.05 ETH
$3,492.39
-9.6% porschξ 911 7d floor price chart
4,844.15 ETH
$8,252,526
76.01 ETH
$129,498
1,490 -0.3%
28 GORJS ACCESS PASS
0.2 ETH
$340.72
0.0% gorjs access pass 7d floor price chart
200.0 ETH
$340,721
75.55 ETH
$128,713
709 0.0%
29 Valhalla
0.8389 ETH
$1,426.25
7.0% valhalla 7d floor price chart
7,550.1 ETH
$12,836,255
71.45 ETH
$121,474
3,260 -0.4%
30 Kubz
0.819 ETH
$1,395.25
-12.0% kubz 7d floor price chart
5,332.509 ETH
$9,084,498
66.24 ETH
$112,849
2,356 1.1%
31 The Potatoz
1.68 ETH
$2,859.23
6.9% the potatoz 7d floor price chart
16,798.32 ETH
$28,589,426
64.74 ETH
$110,189
3,616 -0.1%
32 KILLABEARS
3.69 ETH
$6,272.43
50.0% killabears 7d floor price chart
12,298.77 ETH
$20,906,022
63.86 ETH
$108,559
914 -0.2%
33 Mocaverse Realm Ticket
0.00645898 ETH
$10.97
-66.6% mocaverse realm ticket 7d floor price chart
0.00645898 ETH
$10.97
60.14 ETH
$102,106
46,996 17.1%
34 Moonbirds
6.829999 ETH
$11,611.98
3.0% moonbirds 7d floor price chart
68,299.99 ETH
$116,119,802
50.49 ETH
$85,848
6,577 0.1%
35 𝐂𝐏𝐆: 𝐈𝐜𝐨𝐧𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐈𝐧𝐭𝐞𝐫𝐧𝐞𝐭
0.0099999 ETH
$17.04
0.0% 𝐂𝐏𝐆: 𝐈𝐜𝐨𝐧𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐈𝐧𝐭𝐞𝐫𝐧𝐞𝐭 7d floor price chart
0.0199998 ETH
$34.08
48.01 ETH
$81,807
9,342 0.0%
36 Bored Ape Kennel Club
6.999 ETH
$11,923.54
4.2% bored ape kennel club 7d floor price chart
67,204.398 ETH
$114,489,858
46.03 ETH
$78,409
5,764 -0.1%
37 MERGE VV
0.0267 ETH
$45.34
295.9% merge vv 7d floor price chart
800.0121 ETH
$1,358,378
45.96 ETH
$78,032
3,460 12.8%
38 Meebits
3.2017216080402 ETH
$5,449.74
10.8% meebits 7d floor price chart
64,031.230439196 ETH
$108,989,357
42.58 ETH
$72,477
6,589 -0.2%
39 Azuki
13.9 ETH
$23,628
7.7% azuki 7d floor price chart
139,000.0 ETH
$236,278,677
42.35 ETH
$71,986
4,988 -0.0%
40 DigiDaigakuMaskedVillains
0.448 ETH
$760.68
-5.3% digidaigakumaskedvillains 7d floor price chart
3,398.08 ETH
$5,769,757
40.7 ETH
$69,099
2,881 -1.5%
41 Genesis Box
0.167 ETH
$284.20
-19.0% genesis box 7d floor price chart
4,008.0 ETH
$6,820,894
38.56 ETH
$65,626
5,829 1.7%
42 Smyths
76.2 SOL
$1,970.60
-3.0% smyths 7d floor price chart
338,632.8 SOL
$8,757,365
2,403.11 SOL
$62,147
2,281 -0.1%
43 CryptoPunks V1 (wrapped)
5.051 ETH
$8,595.89
6.1% cryptopunks v1 (wrapped) 7d floor price chart
19,067.525 ETH
$32,449,493
36.34 ETH
$61,837
904 0.3%
44 YOU THE REAL MVP
36.68 ETH
$62,281
10.8% you the real mvp 7d floor price chart
15,405.6 ETH
$26,157,880
35.69 ETH
$60,600
284 0.0%
45 ABC
162.0 SOL
$4,186.52
4.7% abc 7d floor price chart
1,620,000.0 SOL
$41,865,233
2,339.97 SOL
$60,471
1,714 0.0%
46 LAND
0.8649 ETH
$1,471.90
4.2% land 7d floor price chart
98,064.9567 ETH
$166,888,894
34.79 ETH
$59,208
22,984 0.1%
47 Friendship Bracelets by Alexis André
0.41 ETH
$697.79
10.7% friendship bracelets by alexis andré 7d floor price chart
15,760.81 ETH
$26,823,665
33.52 ETH
$57,043
13,125 -0.4%
48 Smol Brain
0.75 ETH
$1,274.88
13.7% smol brain 7d floor price chart
9,545.25 ETH
$16,225,461
32.57 ETH
$55,371
4,739 0.1%
49 Lil Pudgys
0.59 ETH
$1,001.79
27.2% lil pudgys 7d floor price chart
12,343.39 ETH
$20,958,412
32.57 ETH
$55,297
6,936 -0.3%
50 Cool Cats
2.1899 ETH
$3,718.33
6.2% cool cats 7d floor price chart
21,811.404 ETH
$37,034,590
32.06 ETH
$54,436
5,573 0.1%
51 Mint Pass Velum | Harvey Rayner | MPVL
8.88 ETH
$15,128.03
10.3% mint pass velum | harvey rayner | mpvl 7d floor price chart
399.6 ETH
$680,761
30.99 ETH
$52,795
41 -48.8%
52 Eth Longnecks
0.006 ETH
$10.22
15.0% eth longnecks 7d floor price chart
13.332 ETH
$22,703
30.76 ETH
$52,388
755 8.8%
53 Qzuki
0.0435 ETH
$73.86
-28.8% qzuki 7d floor price chart
435.0 ETH
$738,607
27.86 ETH
$47,309
2,974 -4.1%
54 Steady Stack Titans
3.39 ETH
$5,769.17
7.5% steady stack titans 7d floor price chart
7,203.75 ETH
$12,259,485
27.61 ETH
$46,982
985 -0.5%
55 Kubz Relic
0.0115 ETH
$19.57
-14.9% kubz relic 7d floor price chart
442.658 ETH
$753,461
27.05 ETH
$46,038
6,587 -0.8%
56 Jelly Rascals
98.6999 SOL
$2,555.16
6.6% jelly rascals 7d floor price chart
657,933.5334 SOL
$17,032,664
1,768.32 SOL
$45,779
128 4.1%
57 NessGraphics Open Editions
0.0446 ETH
$75.95
-21.4% nessgraphics open editions 7d floor price chart
0.0892 ETH
$151.90
26.71 ETH
$45,479
4,702 -2.7%
58 CETS ON CRECK
12.67 SOL
$327.21
-12.2% cets on creck 7d floor price chart
88,297.23 SOL
$2,280,308
1,740.18 SOL
$44,941
3,683 -0.2%
59 Taiyo Pilots
15.9779 SOL
$412.44
-1.2% taiyo pilots 7d floor price chart
199,723.75 SOL
$5,155,465
1,725.86 SOL
$44,550
4,141 -0.1%
60 Chimpers
1.6327 ETH
$2,779.06
10.6% chimpers 7d floor price chart
9,069.6485 ETH
$15,437,704
25.2 ETH
$42,900
665 1.4%
61 Grails III
1.555 ETH
$2,643.72
-0.2% grails iii 7d floor price chart
?
?
24.89 ETH
$42,322
? 0.1%
62 Milady Maker
1.2857 ETH
$2,188.16
5.8% milady maker 7d floor price chart
12,629.4311 ETH
$21,494,304
24.49 ETH
$41,677
3,064 0.4%
63 ikehaya Pass
0.145 ETH
$246.20
-12.0% ikehaya pass 7d floor price chart
0.145 ETH
$246.20
23.23 ETH
$39,451
3,510 5.1%
64 mfers
1.43 ETH
$2,434.04
12.2% mfers 7d floor price chart
14,330.03 ETH
$24,391,547
23.16 ETH
$39,414
5,546 -0.1%
65 PROOF Collective
25.9184 ETH
$44,111
7.5% proof collective 7d floor price chart
25,918.4 ETH
$44,111,089
22.5 ETH
$38,293
943 -0.2%
66 Mutant Hounds
0.4634 ETH
$787.71
7.6% mutant hounds 7d floor price chart
3,245.1902 ETH
$5,516,326
22.45 ETH
$38,166
2,580 0.3%
67 Genuine Undead
0.32 ETH
$544.68
2.5% genuine undead 7d floor price chart
3,198.72 ETH
$5,444,631
22.1 ETH
$37,619
2,834 0.2%
68 Okay Bears
41.9999 SOL
$1,085.31
12.5% okay bears 7d floor price chart
419,999.0 SOL
$10,853,122
1,436.15 SOL
$37,111
4,597 -0.1%
69 BEANZ Official
1.38 ETH
$2,348.51
7.5% beanz official 7d floor price chart
27,531.0 ETH
$46,852,804
20.29 ETH
$34,526
7,309 0.1%
70 Kanpai Pandas
1.949 ETH
$3,317.45
-2.8% kanpai pandas 7d floor price chart
14,617.5 ETH
$24,880,858
19.96 ETH
$33,981
1,987 -0.1%
71 Velodrome
0.000259 ETH
$0.434429
5.5% velodrome 7d floor price chart
3.559178 ETH
$5,969.92
19.72 ETH
$33,082
9,289 0.6%
72 My Curio Cards
0.255 ETH
$433.46
10.0% my curio cards 7d floor price chart
7.905 ETH
$13,437.29
19.38 ETH
$32,939
4,988 -0.0%
73 Elixir: Ovols
20.2 SOL
$522.02
-4.1% elixir: ovols 7d floor price chart
202,000.0 SOL
$5,220,233
1,227.21 SOL
$31,715
2,557 -0.2%
74 The Beacon V2
0.0014 ETH
$2.38
3.2% the beacon v2 7d floor price chart
0.0014 ETH
$2.38
18.6 ETH
$31,660
1 2.6%
75 Alpha Prestige - Fusionist
6.494 ETH
$11,026.74
-0.0% alpha prestige - fusionist 7d floor price chart
3,247.0 ETH
$5,513,368
18.63 ETH
$31,641
354 -0.8%
76 Solana Monkey Business
190.9999 SOL
$4,932.64
7.7% solana monkey business 7d floor price chart
954,999.5 SOL
$24,663,212
1,224.03 SOL
$31,611
2,782 0.0%
77 Creepz Genesis
1.19 ETH
$2,027.53
-14.6% creepz genesis 7d floor price chart
13,222.09 ETH
$22,527,865
18.53 ETH
$31,570
805 1.6%
78 Famous Fox Federation
47.2 SOL
$1,220.64
2.4% famous fox federation 7d floor price chart
367,074.4 SOL
$9,492,892
1,214.34 SOL
$31,404
3,684 -0.0%
79 KILLABITS
0.7959 ETH
$1,355.90
23.9% killabits 7d floor price chart
2,652.7347 ETH
$4,519,216
18.4 ETH
$31,340
922 -0.9%
80 Rug Radio - Genesis NFT
0.46 ETH
$783.75
14.0% rug radio - genesis nft 7d floor price chart
9,200.0 ETH
$15,675,007
17.87 ETH
$30,440
8,306 -0.2%
81 Bridgeworld Legions
0.005 ETH
$8.52
-60.3% bridgeworld legions 7d floor price chart
195.91 ETH
$333,754
17.52 ETH
$29,853
3,716 0.5%
82 oncyber labs
0.2842 ETH
$483.69
7.0% oncyber labs 7d floor price chart
1.421 ETH
$2,418.43
17.28 ETH
$29,414
8,435 -1.0%
83 Bored Ape Chemistry Club
19.75 ETH
$33,607
7.8% bored ape chemistry club 7d floor price chart
59.25 ETH
$100,820
17.25 ETH
$29,347
283 -0.4%
84 Angry Apes Society
0.0469 ETH
$79.74
-22.6% angry apes society 7d floor price chart
468.9062 ETH
$797,208
16.94 ETH
$28,801
2,335 -1.3%
85 Ape Reunion
0.1799 ETH
$306.36
10.9% ape reunion 7d floor price chart
1,799.0 ETH
$3,063,573
16.67 ETH
$28,395
3,025 -0.5%
86 Yaypegs
0.05412 ETH
$92.01
-16.7% yaypegs 7d floor price chart
541.09176 ETH
$919,934
16.59 ETH
$28,201
2,630 0.6%
87 VeeFriends
4.85 ETH
$8,254.32
7.3% veefriends 7d floor price chart
49,736.75 ETH
$84,648,057
16.55 ETH
$28,167
5,163 -0.0%
88 KHUGA
0.0189 ETH
$32.20
-14.2% khuga 7d floor price chart
104.9895 ETH
$178,861
16.39 ETH
$27,925
1,944 -2.3%
89 RTFKT Animus Egg 🥚
0.789 ETH
$1,342.98
3.0% rtfkt animus egg 🥚 7d floor price chart
12,156.123 ETH
$20,691,279
16.28 ETH
$27,711
6,948 0.0%
90 BONKz
4.495 SOL
$116.37
-12.5% bonkz 7d floor price chart
67,425.0 SOL
$1,745,507
1,044.86 SOL
$27,049
5,164 -1.1%
91 Dangiuz Editions
0.03499 ETH
$59.48
-2.4% dangiuz editions 7d floor price chart
0.13996 ETH
$237.91
15.32 ETH
$26,037
2,552 -4.2%
92 Sappy Seals
0.8878 ETH
$1,507.47
4.5% sappy seals 7d floor price chart
8,877.1122 ETH
$15,073,232
15.29 ETH
$25,971
2,157 -0.3%
93 Japan Dream Collection
0.22 ETH
$374.03
46.2% japan dream collection 7d floor price chart
264.0 ETH
$448,838
14.75 ETH
$25,072
795 -3.9%
94 Moonbirds Oddities
1.1592 ETH
$1,974.82
4.6% moonbirds oddities 7d floor price chart
11,592.0 ETH
$19,748,208
14.29 ETH
$24,342
5,804 -0.2%
95 DUELBOTS
118.0 SOL
$3,054.80
10.7% duelbots 7d floor price chart
244,142.0 SOL
$6,320,378
930.4 SOL
$24,086
56 5.7%
96 The Catalina Whale Mixer
25.0 SOL
$647.20
24.6% the catalina whale mixer 7d floor price chart
139,000.0 SOL
$3,598,449
916.1 SOL
$23,716
1,908 -0.2%
97 Claynosaurz
22.735 SOL
$584.76
5.7% claynosaurz 7d floor price chart
227,350.0 SOL
$5,847,603
914.56 SOL
$23,523
3,514 -0.3%
98 Mutant Hound Collars
0.741 ETH
$1,259.59
-1.4% mutant hound collars 7d floor price chart
2,220.777 ETH
$3,774,980
13.73 ETH
$23,330
1,248 -0.6%
99 Webaverse Genesis Pass
0.379 ETH
$643.52
51.4% webaverse genesis pass 7d floor price chart
7,399.975 ETH
$12,564,759
13.73 ETH
$23,310
2,959 -0.6%
100 BEEPLE - SPRING/SUMMER COLLECTION 2021
16.9 ETH
$28,766
40.4% beeple - spring/summer collection 2021 7d floor price chart
8,635.9 ETH
$14,699,408
13.69 ETH
$23,302
215 0.9%

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.

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

To mint your NFT, click on the "Create" button. When you do this you will be redirected to a page where you will upload your NFT.

Ensure that your NFT is in a format that is allowed by the marketplace.

Name your NFT and upload it, then scroll down and click on "Create".

Once you do this your NFT will be on the marketplace.

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.