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
|
35.45 ETH
$92,900
|
1.5% | 9.1% | 4.2% |
|
$928,438,712
354,287 ETH
|
296.33 ETH
$776,557
|
8 | |
2 |
![]() |
Infinex Patrons
![]() |
1.55 ETH
$4,061.90
|
2.5% | 3.3% | 3.3% |
|
$406,190,118
155,000 ETH
|
15.08 ETH
$39,518
|
10 | ||
3 |
![]() |
Bored Ape Yacht Club
![]() |
Buy
|
13.10 ETH
$34,318
|
1.1% | 0.8% | 17.2% |
|
$343,114,094
130,931 ETH
|
181.46 ETH
$475,541
|
14 | |
4 |
![]() |
Pudgy Penguins
![]() |
Buy
|
10.00 ETH
$26,206
|
1.2% | 16.2% | 62.1% |
|
$232,917,276
88,880 ETH
|
612.37 ETH
$1,604,776
|
61 | |
5 |
![]() |
Autoglyphs
![]() |
99.50 ETH
$260,748
|
0.0% | 0.0% | 0.0% |
|
$133,502,899
50,944 ETH
|
0 ETH
$0.00
|
0 | ||
6 |
![]() |
Chromie Squiggle by Snowfro
![]() |
4.74 ETH
$12,421.56
|
13.4% | 0.9% | 3.3% |
|
$124,215,559
47,400 ETH
|
89.85 ETH
$235,470
|
8 | ||
7 |
![]() |
Fidenza by Tyler Hobbs
![]() |
44.00 ETH
$115,306
|
25.7% | 0.0% | 0.9% |
|
$115,190,276
43,956 ETH
|
0 ETH
$0.00
|
0 | ||
8 |
![]() |
Mutant Ape Yacht Club
![]() |
Buy
|
2.08 ETH
$5,447.93
|
3.8% | 5.1% | 26.0% |
|
$106,468,831
40,628 ETH
|
67.31 ETH
$176,385
|
31 | |
9 |
![]() |
Milady Maker
![]() |
Buy
|
4.02 ETH
$10,534.74
|
1.9% | 23.4% | 5.5% |
|
$105,115,608
40,112 ETH
|
224.32 ETH
$587,859
|
53 | |
10 |
![]() |
Doodles
![]() |
Buy
|
3.76 ETH
$9,853.38
|
1.8% | 13.6% | 19.1% |
|
$98,514,120
37,592 ETH
|
109.09 ETH
$285,874
|
29 | |
11 |
![]() |
Mad Lads
![]() |
48.70 SOL
$9,460.55
|
5.4% | 14.5% | 37.6% |
|
$94,283,889
485,344 SOL
|
462.48 SOL
$89,842
|
9 | ||
12 |
![]() |
Azuki
![]() |
Buy
|
3.25 ETH
$8,516.37
|
3.2% | 1.2% | 74.0% |
|
$85,163,655
32,498 ETH
|
207.06 ETH
$542,611
|
54 | |
13 |
![]() |
Quantum Cats
![]() |
0.23 BTC
$21,652
|
3.4% | 9.6% | 33.0% |
|
$72,164,617
749.93 BTC
|
0.23 BTC
$22,421
|
1 | ||
14 |
![]() |
Creepz by OVERLORD
![]() |
2.25 ETH
$5,895.75
|
3.2% | 9.6% | 2.2% |
|
$61,622,379
23,515 ETH
|
12.60 ETH
$33,019
|
6 | ||
15 |
![]() |
Lil Pudgys
![]() |
1.04 ETH
$2,720.14
|
0.8% | 12.4% | 61.6% |
|
$59,576,447
22,734 ETH
|
133.67 ETH
$350,286
|
130 | ||
16 |
![]() |
Ordinal Maxi Biz (OMB)
![]() |
0.12 BTC
$11,344.45
|
1.8% | 5.7% | 27.9% |
|
$59,478,951
618.10 BTC
|
0.65 BTC
$62,451
|
5 | ||
17 |
![]() |
NodeMonkes
![]() |
0.060 BTC
$5,732.37
|
3.8% | 6.9% | 44.3% |
|
$57,323,682
595.70 BTC
|
1.42 BTC
$136,687
|
23 | ||
18 |
![]() |
Bitcoin Puppets
![]() |
0.053 BTC
$5,093.41
|
2.9% | 15.3% | 54.9% |
|
$50,939,162
529.35 BTC
|
2.33 BTC
$224,694
|
44 | ||
19 |
![]() |
Mocaverse
![]() |
1.98 ETH
$5,175.65
|
3.1% | 31.7% | 37.3% |
|
$46,001,162
17,554 ETH
|
15.22 ETH
$39,885
|
8 | ||
20 |
![]() |
Captainz
![]() |
1.61 ETH
$4,219.13
|
4.1% | 1.5% | 28.9% |
|
$42,187,037
16,098 ETH
|
34.62 ETH
$90,722
|
19 | ||
21 |
![]() |
Band Bears
![]() |
12.90 ETH
$33,806
|
0.0% | 14.2% | 1.7% |
|
$39,349,602
15,016 ETH
|
20.03 ETH
$52,490
|
2 | ||
22 |
![]() |
OnChainMonkey (OCM) Genesis
![]() |
0.039 BTC
$3,752.94
|
1.0% | 2.5% | 18.5% |
|
$37,529,354
390.00 BTC
|
0.11 BTC
$10,806.53
|
3 | ||
23 |
![]() |
Bit Bears by Berachain
![]() |
6.20 ETH
$16,247.60
|
7.9% | 16.8% | 8.8% |
|
$37,336,996
14,248 ETH
|
54.19 ETH
$142,011
|
9 | ||
24 |
![]() |
VeeFriends
![]() |
1.32 ETH
$3,453.88
|
0.2% | 5.8% | 15.0% |
|
$35,419,584
13,516 ETH
|
2.76 ETH
$7,232.80
|
2 | ||
25 |
![]() |
Kaito Genesis
![]() |
7.35 ETH
$19,261.27
|
5.0% | 3.5% | 74.6% |
|
$28,891,910
11,025 ETH
|
100.29 ETH
$262,810
|
14 | ||
26 |
![]() |
Runestone
![]() |
0.003 BTC
$244.90
|
7.5% | 15.2% | 53.0% |
|
$27,527,107
286.06 BTC
|
0.32 BTC
$30,815
|
125 | ||
27 |
![]() |
Solana Monkey Business
![]() |
Buy
|
22.76 SOL
$4,420.57
|
1.7% | 8.5% | 30.0% |
|
$22,071,884
113,619 SOL
|
432.11 SOL
$83,943
|
19 | |
28 |
![]() |
Claynosaurz
![]() |
11.33 SOL
$2,200.93
|
3.9% | 11.5% | 43.4% |
|
$22,009,291
113,297 SOL
|
34.32 SOL
$6,666.49
|
3 | ||
29 |
![]() |
Meebits
![]() |
Buy
|
0.40 ETH
$1,050.85
|
2.2% | 4.2% | 20.0% |
|
$21,015,907
8,020 ETH
|
4.86 ETH
$12,725.02
|
11 | |
30 |
|
Redacted Remilio Babies
![]() |
0.78 ETH
$2,034.08
|
5.3% | 25.7% | 13.8% |
|
$20,336,748
7,760 ETH
|
34.80 ETH
$91,186
|
45 | ||
31 |
![]() |
Otherdeed Expanded
![]() |
0.13 ETH
$330.19
|
0.8% | 6.0% | 21.7% |
|
$18,245,819
6,963 ETH
|
3.59 ETH
$9,415.30
|
18 | ||
32 |
![]() |
Sappy Seals
![]() |
0.65 ETH
$1,703.12
|
3.5% | 12.5% | 52.0% |
|
$17,026,049
6,497 ETH
|
12.38 ETH
$32,439
|
20 | ||
33 |
![]() |
Winds of Yawanawa by Yawanawa and Refik Anadol
![]() |
6.48 ETH
$16,981.37
|
0.3% | 10.0% | 21.9% |
|
$16,981,368
6,480 ETH
|
5.25 ETH
$13,758.05
|
1 | ||
34 |
![]() |
Otherdeed for Otherside
![]() |
Buy
|
0.14 ETH
$359.02
|
0.3% | 13.4% | 22.5% |
|
$16,953,267
6,469 ETH
|
2.85 ETH
$7,471.15
|
19 | |
35 |
![]() |
Decentraland
![]() |
0.063 ETH
$165.10
|
0.0% | 5.0% | 5.4% |
|
$16,254,423
6,203 ETH
|
0.64 ETH
$1,681.10
|
9 | ||
36 |
![]() |
Lifinity Flares
![]() |
8.77 SOL
$1,703.68
|
0.9% | 2.8% | 47.7% |
|
$16,184,931
83,315 SOL
|
54.30 SOL
$10,548.14
|
6 | ||
37 |
![]() |
Jirasan
![]() |
0.62 ETH
$1,616.90
|
6.5% | 13.5% | 31.1% |
|
$16,168,987
6,170 ETH
|
127.14 ETH
$333,190
|
229 | ||
38 |
![]() |
GGSG: Galactic Geckos
![]() |
8.16 SOL
$1,585.97
|
3.6% | 6.5% | 29.3% |
|
$15,859,656
81,641 SOL
|
21.94 SOL
$4,262.81
|
3 | ||
39 |
![]() |
OnChainMonkey
![]() |
0.59 ETH
$1,545.99
|
0.8% | 21.9% | 14.5% |
|
$15,459,880
5,899 ETH
|
1.47 ETH
$3,854.88
|
3 | ||
40 |
![]() |
DeGods
![]() |
Buy
|
0.63 ETH
$1,663.75
|
9.7% | 11.7% | 25.2% |
|
$14,957,131
5,708 ETH
|
4.77 ETH
$12,487.07
|
8 | |
41 |
![]() |
Synclub's SnBNB Early Adopters
![]() |
1.00 BNB
$579.95
|
0.0% | 0.0% | 0.0% |
|
$14,709,842
25,364 BNB
|
2.75 BNB
$1,594.20
|
38 | ||
42 |
![]() |
Parallel Avatars
![]() |
0.50 ETH
$1,310.29
|
5.7% | 22.5% | 45.7% |
|
$14,414,450
5,500 ETH
|
4.17 ETH
$10,927.82
|
9 | ||
43 |
![]() |
The Potatoz
![]() |
0.53 ETH
$1,396.75
|
2.2% | 1.8% | 30.7% |
|
$13,966,145
5,329 ETH
|
15.37 ETH
$40,286
|
29 | ||
44 |
![]() |
Azuki Elementals
![]() |
0.30 ETH
$780.15
|
0.3% | 1.4% | 80.8% |
|
$13,708,745
5,231 ETH
|
66.14 ETH
$173,314
|
201 | ||
45 |
![]() |
DigiDaigaku
![]() |
2.36 ETH
$6,184.93
|
9.8% | 3.3% | 30.6% |
|
$12,505,925
4,772 ETH
|
12.13 ETH
$31,785
|
6 | ||
46 |
![]() |
MAX PAIN AND FRENS BY XCOPY
![]() |
0.67 ETH
$1,755.76
|
2.9% | 2.9% | 20.0% |
|
$12,235,915
4,669 ETH
|
1.19 ETH
$3,126.35
|
2 | ||
47 |
![]() |
Pirate Nation - Founder's Pirates
![]() |
0.46 ETH
$1,218.28
|
6.8% | 21.9% | 49.0% |
|
$12,181,603
4,648 ETH
|
11.08 ETH
$29,036
|
26 | ||
48 |
![]() |
Bored Ape Kennel Club
![]() |
0.48 ETH
$1,257.62
|
6.6% | 11.8% | 30.4% |
|
$12,075,639
4,608 ETH
|
2.03 ETH
$5,327.60
|
4 | ||
49 |
![]() |
Kanpai Pandas
![]() |
0.52 ETH
$1,362.70
|
11.3% | 13.7% | 33.3% |
|
$11,645,632
4,444 ETH
|
8.87 ETH
$23,245
|
15 | ||
50 |
![]() |
Fomo v1.38 Mages
![]() |
164.00 SOL
$31,859
|
3.2% | 94.7% | 540.3% |
|
$11,469,223
59,040 SOL
|
86.00 SOL
$16,706.52
|
1 | ||
51 |
![]() |
CryptoDickbutts
![]() |
0.84 ETH
$2,196.04
|
15.8% | 29.6% | 24.5% |
|
$11,415,040
4,356 ETH
|
8.84 ETH
$23,171
|
9 | ||
52 |
![]() |
Cool Cats
![]() |
0.44 ETH
$1,142.57
|
2.9% | 9.0% | 46.8% |
|
$11,389,173
4,346 ETH
|
3.99 ETH
$10,447.96
|
9 | ||
53 |
![]() |
MyShell - MySoul
![]() |
1.27 ETH
$3,325.52
|
1.6% | 13.1% | 11.3% |
|
$11,083,951
4,230 ETH
|
6.64 ETH
$17,398.04
|
6 | ||
54 |
![]() |
Pudgy Rods
![]() |
0.52 ETH
$1,372.40
|
4.3% | 16.9% | 57.0% |
|
$10,148,887
3,873 ETH
|
9.28 ETH
$24,319
|
19 | ||
55 |
![]() |
mfers
![]() |
0.38 ETH
$996.08
|
0.5% | 1.7% | 35.1% |
|
$9,979,756
3,808 ETH
|
2.19 ETH
$5,749.29
|
6 | ||
56 |
![]() |
TOPIA Worlds
![]() |
0.38 ETH
$987.68
|
2.1% | 25.5% | 18.0% |
|
$9,875,853
3,769 ETH
|
2.01 ETH
$5,264.75
|
5 | ||
57 |
![]() |
Sproto Gremlins
![]() |
1.13 ETH
$2,954.31
|
13.2% | 0.7% | 29.4% |
|
$9,837,864
3,754 ETH
|
25.41 ETH
$66,578
|
24 | ||
58 |
![]() |
Moonbirds
![]() |
Buy
|
0.37 ETH
$979.97
|
2.9% | 13.7% | 39.5% |
|
$9,799,664
3,739 ETH
|
11.45 ETH
$30,016
|
30 | |
59 |
![]() |
World of Women
![]() |
0.37 ETH
$969.62
|
4.5% | 5.7% | 41.7% |
|
$9,696,151
3,700 ETH
|
2.25 ETH
$5,893.64
|
6 | ||
60 |
![]() |
Bitcoin Frogs
![]() |
0.010 BTC
$962.29
|
8.7% | 31.5% | 58.3% |
|
$9,622,911
100.00 BTC
|
0.11 BTC
$10,719.96
|
11 | ||
61 |
![]() |
Bitcoin Wizards
![]() |
0.075 BTC
$7,169.07
|
1.3% | 10.0% | 21.6% |
|
$9,592,214
99.68 BTC
|
0.24 BTC
$23,201
|
4 | ||
62 |
![]() |
DeGods (Solana)
![]() |
8.74 SOL
$1,698.31
|
4.6% | 10.8% | 37.0% |
|
$9,556,409
49,193 SOL
|
174.63 SOL
$33,925
|
20 | ||
63 |
![]() |
Tensorians
![]() |
5.30 SOL
$1,029.59
|
10.4% | 1.9% | 13.8% |
|
$9,130,387
47,000 SOL
|
70.95 SOL
$13,781.96
|
14 | ||
64 |
![]() |
Meridian by Matt DesLauriers
![]() |
3.45 ETH
$9,041.01
|
0.0% | 1.4% | 17.9% |
|
$9,041,006
3,450 ETH
|
2.76 ETH
$7,235.43
|
1 | ||
65 |
![]() |
Clone X
![]() |
0.17 ETH
$455.95
|
5.1% | 0.1% | 40.8% |
|
$9,011,494
3,439 ETH
|
9.89 ETH
$25,911
|
48 | ||
66 |
![]() |
Skyborne - NexianGems
![]() |
1.00 ETH
$2,620.11
|
0.0% | 7.0% | 9.0% |
|
$8,732,842
3,332 ETH
|
0.80 ETH
$2,096.47
|
1 | ||
67 |
![]() |
VeeFriends Series 2
![]() |
0.060 ETH
$157.17
|
5.0% | 9.1% | 5.4% |
|
$8,688,141
3,315 ETH
|
1.06 ETH
$2,765.24
|
10 | ||
68 |
![]() |
LaserCat NFT
![]() |
6.20 ETH
$16,247.60
|
0.0% | 11.4% | 0.8% |
|
$8,448,754
3,224 ETH
|
10.47 ETH
$27,437
|
2 | ||
69 |
![]() |
Retardio Cousins
![]() |
9.74 SOL
$1,891.51
|
5.1% | 16.8% | 30.5% |
|
$8,405,859
43,271 SOL
|
338.41 SOL
$65,740
|
36 | ||
70 |
![]() |
rektguy
![]() |
0.35 ETH
$927.37
|
5.9% | 4.1% | 33.7% |
|
$8,173,851
3,119 ETH
|
3.56 ETH
$9,329.27
|
5 | ||
71 |
![]() |
CrypToadz
![]() |
0.43 ETH
$1,138.90
|
12.4% | 20.3% | 33.1% |
|
$7,997,389
3,052 ETH
|
3.92 ETH
$10,276.21
|
9 | ||
72 |
![]() |
MoonCats - Acclimated
![]() |
0.15 ETH
$393.02
|
0.0% | 11.6% | 28.9% |
|
$7,949,151
3,033 ETH
|
1.01 ETH
$2,646.74
|
7 | ||
73 |
![]() |
BEANZ Official
![]() |
0.15 ETH
$391.51
|
1.7% | 4.7% | 80.3% |
|
$7,810,722
2,981 ETH
|
11.18 ETH
$29,300
|
66 | ||
74 |
![]() |
alignDRAW
![]() |
1.09 ETH
$2,869.53
|
0.0% | 2.2% | 21.8% |
|
$7,773,561
2,966 ETH
|
0.90 ETH
$2,358.52
|
1 | ||
75 |
![]() |
1000X GEM
![]() |
19.96 SOL
$3,876.59
|
3.6% | 6.6% | 22.3% |
|
$7,749,310
39,891 SOL
|
35.07 SOL
$6,812.77
|
2 | ||
76 |
![]() |
Sports Rollbots
![]() |
0.30 ETH
$773.07
|
40.6% | 56.1% | 56.1% |
|
$7,730,715
2,950 ETH
|
0.43 ETH
$1,126.85
|
1 | ||
77 |
![]() |
Honey Comb
![]() |
0.18 ETH
$463.84
|
19.0% | 67.8% | 74.9% |
|
$7,671,809
2,928 ETH
|
43.31 ETH
$113,503
|
221 | ||
78 |
![]() |
MAX PAIN AND FRENS DRAWING BY XCOPY
![]() |
2.01 ETH
$5,267.37
|
0.0% | 0.4% | 15.2% |
|
$7,458,594
2,846 ETH
|
2.01 ETH
$5,267.37
|
1 | ||
79 |
![]() |
Pixelmon
![]() |
0.22 ETH
$589.63
|
8.2% | 2.1% | 41.0% |
|
$7,409,268
2,827 ETH
|
1.71 ETH
$4,470.71
|
6 | ||
80 |
![]() |
Bitcoin Punks
![]() |
0.007 BTC
$714.02
|
1.1% | 6.0% | 27.4% |
|
$7,140,200
74.20 BTC
|
0.022 BTC
$2,151.68
|
3 | ||
81 |
![]() |
My Pet Hooligan
![]() |
0.30 ETH
$786.17
|
39.5% | 26.1% | 6.2% |
|
$6,987,518
2,666 ETH
|
10.72 ETH
$28,105
|
40 | ||
82 |
![]() |
Travel Tiger Club Official
![]() |
1.69 ETH
$4,428.66
|
14.2% | 0.0% | 5.6% |
|
$6,899,860
2,633 ETH
|
5.64 ETH
$14,780.02
|
3 | ||
83 |
![]() |
Rug Radio - Genesis NFT
![]() |
0.13 ETH
$332.81
|
21.0% | 2.3% | 27.4% |
|
$6,656,277
2,540 ETH
|
1.71 ETH
$4,484.16
|
16 | ||
84 |
![]() |
Azra Games - The Hopeful
![]() |
0.46 ETH
$1,194.99
|
0.1% | 8.6% | 26.5% |
|
$6,638,142
2,533 ETH
|
3.38 ETH
$8,857.57
|
8 | ||
85 |
![]() |
Proof of Narnian NFT
![]() |
0.76 ETH
$1,991.64
|
8.4% | 15.6% | 15.4% |
|
$6,638,142
2,533 ETH
|
2.97 ETH
$7,775.27
|
4 | ||
86 |
![]() |
Impostors Genesis Aliens
![]() |
0.24 ETH
$635.20
|
0.7% | 12.8% | 1.2% |
|
$6,618,785
2,526 ETH
|
3.24 ETH
$8,479.91
|
13 | ||
87 |
![]() |
Natcats
![]() |
0.008 BTC
$808.32
|
5.1% | 11.6% | 34.9% |
|
$6,518,329
67.74 BTC
|
0.089 BTC
$8,538.00
|
10 | ||
88 |
![]() |
ENS: Ethereum Name Service
![]() |
0.0007 ETH
$1.78
|
11.7% | 53.2% | 15.0% |
|
$6,411,600
2,447 ETH
|
14.13 ETH
$37,017
|
38 | ||
89 |
![]() |
Sam Spratt - LUCI: Chapter 5 - The Monument Game
![]() |
Buy
|
9.50 ETH
$24,896
|
5.0% | 5.0% | 13.5% |
|
$6,373,254
2,432 ETH
|
9.99 ETH
$26,180
|
1 | |
90 |
![]() |
Gemesis
![]() |
0.025 ETH
$66.30
|
8.0% | 15.0% | 39.0% |
|
$6,282,075
2,397 ETH
|
11.06 ETH
$28,976
|
408 | ||
91 |
![]() |
onchain gaias
![]() |
0.40 ETH
$1,047.08
|
0.1% | 17.6% | 63.6% |
|
$5,817,574
2,220 ETH
|
0.72 ETH
$1,873.98
|
2 | ||
92 |
![]() |
77-Bit
![]() |
0.28 ETH
$744.25
|
9.8% | 13.8% | 9.8% |
|
$5,787,994
2,209 ETH
|
1.10 ETH
$2,877.40
|
4 | ||
93 |
![]() |
Neo Tokyo Outer Citizen V2
![]() |
0.62 ETH
$1,624.76
|
10.1% | 0.0% | 23.5% |
|
$5,780,898
2,206 ETH
|
0.50 ETH
$1,310.29
|
1 | ||
94 |
![]() |
RSIC METAPROTOCOL
![]() |
0.003 BTC
$269.44
|
5.7% | 22.2% | 29.1% |
|
$5,658,272
58.80 BTC
|
0.050 BTC
$4,800.58
|
18 | ||
95 |
![]() |
Zero Name Service
![]() |
0.29 ETH
$770.34
|
9.3% | 63.4% | 24.1% |
|
$5,652,761
2,157 ETH
|
2.14 ETH
$5,600.18
|
7 | ||
96 |
![]() |
The Currency
![]() |
1.03 ETH
$2,699.16
|
12.7% | 1.9% | 46.6% |
|
$5,638,539
2,152 ETH
|
0.96 ETH
$2,515.76
|
1 | ||
97 |
![]() |
Project AEON
![]() |
0.65 ETH
$1,691.05
|
5.8% | 39.7% | 56.9% |
|
$5,636,281
2,151 ETH
|
2.15 ETH
$5,628.75
|
3 | ||
98 |
![]() |
Murakami.Flowers Official
![]() |
0.20 ETH
$524.12
|
21.2% | 17.8% | 5.3% |
|
$5,328,690
2,033 ETH
|
4.79 ETH
$12,562.81
|
23 | ||
99 |
![]() |
RG Bytes
![]() |
0.40 ETH
$1,048.23
|
0.3% | 11.1% | 14.9% |
|
$5,240,115
2,000 ETH
|
1.31 ETH
$3,440.82
|
3 | ||
100 |
![]() |
FLUF World
![]() |
0.20 ETH
$518.60
|
6.7% | 17.2% | 34.1% |
|
$5,186,026
1,979 ETH
|
0.62 ETH
$1,637.33
|
3 |
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.