Top NFT Collection Prices Ranked by 24H Trading Volume
# | NFT | Floor Price | 24h% | Last 7 Days | Market Cap | 24h Volume | 24h Sales | 24h Owners | |||
---|---|---|---|---|---|---|---|---|---|---|---|
1701 |
Elysium Shell
Ethereum
|
0.008 ETH
$23.65
|
0.0% |
63.26 ETH
$189,415
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1702 |
Heno.
Ethereum
|
0.33 ETH
$989.36
|
0.0% |
54.45 ETH
$163,245
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1703 |
Fancy Bears
Ethereum
|
0.029 ETH
$88.11
|
1.3% |
231.88 ETH
$694,975
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1704 |
Government Toucans
Arbitrum One
|
0.0010 ETH
$2.94
|
0.0% |
46.08 ETH
$138,299
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1705 |
WoW - Capacitors
Ethereum
|
0.002 ETH
$5.99
|
0.0% |
0.004 ETH
$11.98
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1706 |
Netvrk Bonuses
Ethereum
|
0.065 ETH
$194.55
|
21.7% |
141.96 ETH
$425,283
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1707 |
Waifusion
Ethereum
|
0.025 ETH
$74.86
|
0.0% |
409.47 ETH
$1,226,268
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1708 |
Adventurers
Ethereum
|
0.013 ETH
$38.04
|
0.0% |
88.88 ETH
$266,263
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1709 |
Mafagafo Genesis
Ethereum
|
0.045 ETH
$134.81
|
10.0% |
320.27 ETH
$959,462
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1710 |
Ripperz
Avalanche
|
2.48 AVAX
$85.06
|
0.0% |
3,467 AVAX
$118,916
|
0 AVAX
$0.00
|
0 | 0.4% | ||||
1711 |
posers
Ethereum
|
0.022 ETH
$65.60
|
9.5% |
109.45 ETH
$327,883
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1712 |
GMs
Ethereum
|
0.0001 ETH
$0.299525
|
0.0% |
2.64 ETH
$7,916.16
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1713 |
tRIcKY tREaTS
Stargaze
|
400.00 STARS
$8.41
|
1.0% |
12,400 STARS
$260.68
|
0 STARS
$0.00
|
0 | 0.0% | ||||
1714 |
OnChainBirds
Ethereum
|
0.012 ETH
$35.96
|
20.0% |
120.00 ETH
$359,593
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1715 |
Trait Sniper Lifetime Access
Ethereum
|
0.014 ETH
$42.86
|
0.0% |
47.66 ETH
$142,847
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1716 |
SERAPHPriorityPass
Ethereum
|
2.88 ETH
$8,628.69
|
0.0% |
2,877 ETH
$8,620,063
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1717 |
HeartStrings
Stargaze
|
75.00 STARS
$1.57
|
0.0% |
19,275 STARS
$404.55
|
0 STARS
$0.00
|
0 | 0.0% | ||||
1718 |
MIMI 33 Monoliths
Avalanche
|
10.00 AVAX
$342.39
|
0.0% |
330.00 AVAX
$11,298.80
|
0 AVAX
$0.00
|
0 | 0.0% | ||||
1719 |
Saint Rien
Ethereum
|
0.050 ETH
$149.64
|
0.0% |
1.25 ETH
$3,740.95
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1720 |
The 187 by Truth Labs
Ethereum
|
2.50 ETH
$7,503.11
|
0.0% |
467.50 ETH
$1,403,082
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1721 |
The Pals Universe
Ethereum
|
0.005 ETH
$14.99
|
0.0% |
22.22 ETH
$66,608
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1722 |
Gutter Dogs
Ethereum
|
0.050 ETH
$149.16
|
0.2% |
147.26 ETH
$441,068
|
0 ETH
$0.00
|
0 | 0.1% | ||||
1723 |
Gods
Solana
|
1.36 SOL
$195.90
|
8.1% |
9,063 SOL
$1,305,500
|
0 SOL
$0.00
|
0 | 0.5% | ||||
1724 |
Planet Degen
Ethereum
|
0.003 ETH
$7.49
|
0.0% |
8.33 ETH
$24,963
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1725 |
Penguin Daily
Ethereum
|
0.007 ETH
$20.67
|
0.0% |
23.85 ETH
$71,440
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1726 |
Sneaky Vampire Syndicate
Ethereum
|
0.020 ETH
$59.61
|
0.0% |
176.87 ETH
$529,770
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1727 |
Latitudes
Ethereum
|
0.007 ETH
$19.47
|
0.0% |
1.69 ETH
$5,061.98
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1728 |
Hero Galaxy: Artifacts
Polygon POS
|
0.003 ETH
$8.70
|
0.0% |
98.69 ETH
$296,196
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1729 |
Rifters: Exiles
Solana
|
0.016 SOL
$2.30
|
0.0% |
124.02 SOL
$17,848.88
|
0 SOL
$0.00
|
0 | 0.0% | ||||
1730 |
Elements of Ganland
Optimism
|
0.020 ETH
$59.62
|
0.0% |
11.04 ETH
$33,088
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1731 |
Chrysalism DNA
Ethereum
|
0.004 ETH
$11.98
|
20.0% |
9.28 ETH
$27,796
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1732 |
Creepz Reptile Armoury
Ethereum
|
0.003 ETH
$8.99
|
0.0% |
60.00 ETH
$179,764
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1733 |
3DTD
Ethereum
|
0.001 ETH
$3.00
|
0.0% |
5.87 ETH
$17,584.29
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1734 |
Simple Man
Avalanche
|
0.20 AVAX
$6.88
|
0.0% |
177.60 AVAX
$6,106.44
|
0 AVAX
$0.00
|
0 | 0.0% | ||||
1735 |
FEWOCiOUS x RTFKT
Ethereum
|
0.25 ETH
$750.62
|
0.0% |
226.75 ETH
$680,816
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1736 |
Goblin Land NFT
Ethereum
|
0.0000 ETH
$0.00030014
|
0.0% |
0.0002 ETH
$0.600279
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1737 |
The CryptoBear Watch Club
Ethereum
|
0.030 ETH
$89.31
|
0.0% |
89.70 ETH
$268,833
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1738 |
n00bs
Solana
|
0.014 SOL
$2.00
|
0.0% |
27.56 SOL
$3,970.73
|
0 SOL
$0.00
|
0 | 0.3% | ||||
1739 |
Social BEES University
Ethereum
|
0.080 ETH
$239.66
|
19.8% |
1,093 ETH
$3,273,333
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1740 |
Grifterz
Ethereum
|
0.0008 ETH
$2.40
|
0.0% |
5.58 ETH
$16,702.40
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1741 |
Lonely Alien Space Club
Ethereum
|
0.010 ETH
$29.63
|
0.2% |
98.08 ETH
$294,065
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1742 |
Bit Bears by Berachain
Ethereum
|
4.34 ETH
$12,996.42
|
3.3% |
9,889 ETH
$29,618,841
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1743 |
Wrestling Metaverse Originals
Avalanche
|
0 AVAX
$0.00
|
0.0% |
0 AVAX
$0.00
|
0 AVAX
$0.00
|
0 | 0.0% | ||||
1744 |
Monsters
Ethereum
|
8.00 ETH
$23,967
|
0.0% |
472.00 ETH
$1,414,036
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1745 |
DASK - Dead Army Skeleton Klub
Ethereum
|
0.030 ETH
$89.00
|
0.0% |
206.85 ETH
$619,866
|
0 ETH
$0.00
|
0 | 0.1% | ||||
1746 |
Dragon Crypto Hero
Avalanche
|
0.81 AVAX
$28.03
|
0.6% |
2,655 AVAX
$91,328
|
0 AVAX
$0.00
|
0 | 0.0% | ||||
1747 |
Pat Lok
Ethereum
|
0.15 ETH
$449.74
|
0.0% |
8.25 ETH
$24,736
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1748 |
DeFi Dinos
Avalanche
|
10.00 AVAX
$343.20
|
0.0% |
49,990 AVAX
$1,715,635
|
0 AVAX
$0.00
|
0 | 0.0% | ||||
1749 |
CryptoDickbutts S4
Ethereum
|
0.020 ETH
$59.91
|
0.0% |
137.99 ETH
$413,405
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1750 |
Bullrun Babes
Ethereum
|
0.075 ETH
$224.87
|
0.0% |
204.53 ETH
$613,218
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1751 |
𝐂𝐏𝐆: 𝐈𝐜𝐨𝐧𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐈𝐧𝐭𝐞𝐫𝐧𝐞𝐭
Ethereum
|
0.020 ETH
$59.91
|
0.0% |
0.060 ETH
$179.72
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1752 |
Froggies Beginnings
Ethereum
|
0.008 ETH
$23.07
|
0.0% |
31.54 ETH
$94,475
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1753 |
Space Riders X
Ethereum
|
0.25 ETH
$750.72
|
24.9% |
22.50 ETH
$67,564
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1754 |
Wulfz Official
Ethereum
|
0.004 ETH
$13.17
|
0.0% |
36.66 ETH
$109,869
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1755 |
Crypto Pills by Micha Klein
Ethereum
|
0.015 ETH
$44.94
|
0.0% |
150.00 ETH
$449,362
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1756 |
Conviction Scrolls
Ethereum
|
0.002 ETH
$5.99
|
0.0% |
3.35 ETH
$10,040.25
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1757 |
Crypto Champions Collection
Ethereum
|
0.008 ETH
$23.97
|
0.0% |
71.10 ETH
$213,016
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1758 |
XTREME PIXELS
Ethereum
|
0.002 ETH
$5.09
|
5.6% |
42.49 ETH
$127,308
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1759 |
DegenSkellies
Ethereum
|
0.002 ETH
$6.00
|
0.0% |
9.99 ETH
$29,945
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1760 |
Project Godjira Generation 2
Ethereum
|
0.29 ETH
$870.36
|
1.8% |
966.57 ETH
$2,900,912
|
0 ETH
$0.00
|
0 | 0.1% | ||||
1761 |
MOONDOGS ODYSSEY
Ethereum
|
0.009 ETH
$26.96
|
0.0% |
45.00 ETH
$134,825
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1762 |
Meta-DIOs
Ethereum
|
0.020 ETH
$59.92
|
0.0% |
39.94 ETH
$119,654
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1763 |
SmugJourney
Ethereum
|
0.005 ETH
$14.98
|
0.0% |
22.50 ETH
$67,406
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1764 |
Aww Friends x Reddit Collectible Avatars
Polygon POS
|
0.003 ETH
$10.30
|
0.4% |
3,510 ETH
$10,507,311
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1765 |
Angry Ape Army Evolution Collection
Ethereum
|
0.010 ETH
$29.35
|
0.0% |
54.32 ETH
$162,707
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1766 |
Pollen by Petio
Ethereum
|
0.007 ETH
$20.67
|
0.0% |
22.97 ETH
$68,815
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1767 |
fl00rs
Ethereum
|
0.011 ETH
$33.27
|
0.0% |
5.68 ETH
$17,033.05
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1768 |
ChronoForge Prospecting Deeds
Ethereum
|
3.25 ETH
$9,738.08
|
0.0% |
0 ETH
$0.00
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1769 |
The Nakamotos
Ethereum
|
0.0001 ETH
$0.150143
|
0.0% |
0.0005 ETH
$1.35
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1770 |
Dreadfulz
Ethereum
|
0.008 ETH
$23.91
|
0.1% |
62.02 ETH
$185,835
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1771 |
Senshi Official
Ethereum
|
0.003 ETH
$8.99
|
0.0% |
16.50 ETH
$49,471
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1772 |
Tower of the Occult
Ethereum
|
0.001 ETH
$3.00
|
90.0% |
6.45 ETH
$19,323.02
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1773 |
Origins & Ancestries: Genesis
Ethereum
|
0.010 ETH
$29.96
|
0.0% |
3.08 ETH
$9,226.21
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1774 |
4762 Corsair Membership
Ethereum
|
0.0006 ETH
$1.74
|
0.0% |
2.76 ETH
$8,274.39
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1775 |
The Bornless: Genesis Collection
Ethereum
|
0.35 ETH
$1,045.55
|
5.7% |
232.43 ETH
$696,335
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1776 |
LOREMNFT
Ethereum
|
0.005 ETH
$13.49
|
0.0% |
44.98 ETH
$134,854
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1777 |
Supreme Kong
Ethereum
|
0.44 ETH
$1,318.90
|
6.4% |
879.90 ETH
$2,637,793
|
0 ETH
$0.00
|
0 | 0.6% | ||||
1778 |
Bored Brothers
Ethereum
|
0.065 ETH
$194.76
|
0.0% |
19.50 ETH
$58,428
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1779 |
LilHeroes
Ethereum
|
0.020 ETH
$59.72
|
0.0% |
154.57 ETH
$463,895
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1780 |
Buddles
Solana
|
0.010 SOL
$1.44
|
0.0% |
33.09 SOL
$4,764.03
|
0 SOL
$0.00
|
0 | 0.0% | ||||
1781 |
My Bitcoin Kingdom: Genesis Lands
Bitcoin
|
0.002 BTC
$116.91
|
0.0% |
3.99 BTC
$245,501
|
0 BTC
$0.00
|
0 | 0.0% | ||||
1782 |
GEN.ART Membership
Ethereum
|
0.009 ETH
$26.12
|
0.0% |
44.29 ETH
$133,005
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1783 |
Procedural Space
Ethereum
|
0.001 ETH
$3.00
|
0.0% |
9.98 ETH
$29,898
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1784 |
Conviction
Ethereum
|
0.003 ETH
$8.99
|
0.0% |
7.04 ETH
$21,111
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1785 |
R.o.s.e.s 2 (OPT)
Optimism
|
0.007 ETH
$20.35
|
0.0% |
0.71 ETH
$2,136.99
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1786 |
Sougen Genesis Collection
Ethereum
|
0.009 ETH
$27.33
|
0.0% |
80.42 ETH
$241,481
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1787 |
Fragments of an Infinite Field by Monica Rizzolli
Ethereum
|
0.60 ETH
$1,797.66
|
0.0% |
614.40 ETH
$1,840,805
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1788 |
VeggiesFarm
Polygon POS
|
0.001 ETH
$3.44
|
0.4% |
9.11 ETH
$27,303
|
0 ETH
$0.00
|
0 | 0.4% | ||||
1789 |
Happy Ducks
Avalanche
|
0.39 AVAX
$13.37
|
0.0% |
481.26 AVAX
$16,495.04
|
0 AVAX
$0.00
|
0 | 0.0% | ||||
1790 |
Optimistic Cats
Optimism
|
0.0003 ETH
$0.898737
|
0.0% |
0.17 ETH
$498.80
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1791 |
SALT V4
Ethereum
|
3.45 ETH
$10,335.64
|
0.0% |
621.00 ETH
$1,860,416
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1792 |
TheDiamondHands
Ethereum
|
0.005 ETH
$15.58
|
0.0% |
57.76 ETH
$173,029
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1793 |
Cyber Samurai Official
Ethereum
|
0.010 ETH
$30.01
|
0.0% |
7.77 ETH
$23,321
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1794 |
ANYBODIES
Solana
|
0.70 SOL
$100.30
|
0.1% |
2,056 SOL
$295,896
|
0 SOL
$0.00
|
0 | 0.0% | ||||
1795 |
SameToadz
Ethereum
|
0.004 ETH
$12.75
|
0.0% |
29.66 ETH
$88,977
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1796 |
Arts of the Samurai
Ethereum
|
0.010 ETH
$29.94
|
0.0% |
7.77 ETH
$23,264
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1797 |
Grim Syndicate
Solana
|
0.19 SOL
$27.67
|
0.0% |
1,921 SOL
$276,630
|
0 SOL
$0.00
|
0 | 0.0% | ||||
1798 |
Ethermonkeys
Ethereum
|
0.010 ETH
$29.98
|
0.0% |
99.77 ETH
$299,118
|
0 ETH
$0.00
|
0 | 0.0% | ||||
1799 |
Aardvarks - Non Fungible Aardvarks
Ethereum
|
0.048 ETH
$143.60
|
4.1% |
59.10 ETH
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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
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.