Precios de las principales colecciones de NFT clasificados por volumen de comercio en 24 h
# | NFT | Precio base | 24 h% | Últimos 7 días | Cap. mercado | Volumen en 24 h | Ventas en 24 h | Propietarios 24 h | |||
---|---|---|---|---|---|---|---|---|---|---|---|
201 |
Aurory
Solana
|
4,55 SOL
657,32 $
|
5.8% |
45.428 SOL
6.568.617 $
|
23,87 SOL
3.452,08 $
|
6 | 0.0% | ||||
202 |
Pikenians
Solana
|
2,12 SOL
306,53 $
|
4.1% |
6.358 SOL
919.599 $
|
22,92 SOL
3.314,90 $
|
12 | 0.0% | ||||
203 |
Mittaria Genesis
Ethereum
|
0,19 ETH
550,29 $
|
0.5% |
417,74 ETH
1.222.753 $
|
1,13 ETH
3.301,76 $
|
6 | 0.1% | ||||
204 |
HUGO x Imaginary Ones: Embrace Your Emotions
Ethereum
|
0,40 ETH
1.170,72 $
|
14.3% |
400,40 ETH
1.171.886 $
|
1,12 ETH
3.289,71 $
|
3 | 10.8% | ||||
205 |
BabyDoge
Ethereum
|
0,077 ETH
225,43 $
|
10.2% |
769,92 ETH
2.254.089 $
|
1,12 ETH
3.288,96 $
|
3 | 0.0% | ||||
206 |
ThorGuards
Ethereum
|
0,047 ETH
137,54 $
|
7.1% |
469,57 ETH
1.374.209 $
|
1,12 ETH
3.283,57 $
|
21 | 0.2% | ||||
207 |
Kaidro Journey edition 01
Ronin
|
0,035 RON
0,091101 $
|
40.2% |
13.020 RON
33.986 $
|
1.253 RON
3.271,62 $
|
0 | 0.1% | ||||
208 |
Forgotten Runes Wizards Cult
Ethereum
|
0,60 ETH
1.756,27 $
|
0.2% |
5.586 ETH
16.350.913 $
|
1,11 ETH
3.237,69 $
|
2 | 0.0% | ||||
209 |
Creepz Loomi Vault
Ethereum
|
0,043 ETH
125,27 $
|
0.0% |
214,00 ETH
626.341 $
|
1,10 ETH
3.226,83 $
|
- | 2.6% | ||||
210 |
Meta Monopoly NFT
Ethereum
|
0,45 ETH
1.317,06 $
|
9.8% |
122,40 ETH
358.240 $
|
1,10 ETH
3.219,47 $
|
2 | 0.0% | ||||
211 |
Nina's Super Cool World
Ethereum
|
0,079 ETH
230,86 $
|
0.0% |
400,66 ETH
1.172.540 $
|
1,10 ETH
3.215,83 $
|
10 | 0.3% | ||||
212 |
Radbro Webring V2
Ethereum
|
0,13 ETH
392,91 $
|
3.4% |
671,45 ETH
1.964.568 $
|
1,09 ETH
3.199,39 $
|
8 | 0.1% | ||||
213 |
Enforcer Founder Edition Spaceship
Ethereum
|
0,28 ETH
819,86 $
|
1.6% |
323,40 ETH
946.944 $
|
1,07 ETH
3.134,23 $
|
4 | 0.0% | ||||
214 |
little swag world
Solana
|
1,78 SOL
257,05 $
|
1.8% |
4.657 SOL
673.482 $
|
21,54 SOL
3.114,14 $
|
12 | 0.0% | ||||
215 |
Smyths
Solana
|
4,11 SOL
594,87 $
|
3.2% |
18.245 SOL
2.643.607 $
|
21,48 SOL
3.112,44 $
|
6 | 0.1% | ||||
216 |
KIP Protocol Genesis Pass
Ethereum
|
0,085 ETH
248,68 $
|
0.0% |
330,48 ETH
966.879 $
|
1,05 ETH
3.076,08 $
|
13 | 0.3% | ||||
217 |
The Llamas
Ethereum
|
1,32 ETH
3.869,25 $
|
0.1% |
1.470 ETH
4.298.738 $
|
1,05 ETH
3.071,30 $
|
1 | 0.0% | ||||
218 |
Sipherian Flash
Ethereum
|
0,035 ETH
101,86 $
|
20.4% |
348,00 ETH
1.018.584 $
|
1,04 ETH
3.044,04 $
|
26 | 0.2% | ||||
219 |
THE JEO BODENS
Solana
|
1,20 SOL
174,36 $
|
0.1% |
3.610 SOL
523.078 $
|
20,62 SOL
2.987,95 $
|
17 | 0.1% | ||||
220 |
OnChainMonkey
Ethereum
|
1,02 ETH
2.983,48 $
|
0.2% |
10.190 ETH
29.834.751 $
|
1,02 ETH
2.985,51 $
|
1 | 0.0% | ||||
221 |
FloraForms by Harto X Belvedere
Bitcoin
|
0,005 BTC
331,40 $
|
0.0% |
54,00 BTC
3.314.046 $
|
0,048 BTC
2.945,82 $
|
8 | 0.1% | ||||
222 |
Mintify Genesis
Ethereum
|
0,11 ETH
328,98 $
|
12.6% |
659,39 ETH
1.929.114 $
|
1,00 ETH
2.935,84 $
|
9 | 0.1% | ||||
223 |
The Currency
Ethereum
|
1,00 ETH
2.925,33 $
|
1.1% |
2.013 ETH
5.888.695 $
|
0,99 ETH
2.895,79 $
|
1 | 0.1% | ||||
224 |
Runevo
Bitcoin
|
0,002 BTC
141,08 $
|
22.3% |
13,86 BTC
850.013 $
|
0,046 BTC
2.844,32 $
|
23 | 0.2% | ||||
225 |
NEOSTACKEY
Ethereum
|
0,70 ETH
2.045,31 $
|
0.0% |
1.153 ETH
3.374.765 $
|
0,97 ETH
2.823,64 $
|
2 | 0.0% | ||||
226 |
The Weirdo Ghost Gang
Ethereum
|
0,25 ETH
730,82 $
|
2.4% |
1.387 ETH
4.060.427 $
|
0,96 ETH
2.810,88 $
|
3 | 0.1% | ||||
227 |
E4C Ranger Gold Edition
Ethereum
|
0,16 ETH
463,45 $
|
0.3% |
117,62 ETH
344.347 $
|
0,95 ETH
2.779,87 $
|
6 | 0.4% | ||||
228 |
FULL SEND METACARD NFT
Ethereum
|
0,24 ETH
693,86 $
|
3.7% |
2.370 ETH
6.938.590 $
|
0,94 ETH
2.754,94 $
|
4 | 0.0% | ||||
229 |
Volted Dragons Sailors Club - VDSC
Ethereum
|
0,12 ETH
359,59 $
|
0.0% |
539,09 ETH
1.578.608 $
|
0,94 ETH
2.752,58 $
|
2 | 0.0% | ||||
230 |
DeadFellaz
Ethereum
|
0,096 ETH
280,41 $
|
0.2% |
957,99 ETH
2.804.128 $
|
0,94 ETH
2.741,22 $
|
9 | 0.0% | ||||
231 |
SMOWL
Ethereum
|
0,15 ETH
448,58 $
|
2.2% |
643,26 ETH
1.882.694 $
|
0,93 ETH
2.713,23 $
|
6 | 0.2% | ||||
232 |
Pixl Pets - Genesis Collection
Ethereum
|
0,075 ETH
219,52 $
|
0.0% |
1.125 ETH
3.292.366 $
|
0,92 ETH
2.691,32 $
|
13 | 0.0% | ||||
233 |
Subber K3Y
Solana
|
0,47 SOL
67,22 $
|
48.1% |
4.649 SOL
672.035 $
|
18,62 SOL
2.690,98 $
|
43 | 0.0% | ||||
234 |
The Wizards of Ord
Bitcoin
|
0,021 BTC
1.288,17 $
|
2.8% |
69,99 BTC
4.293.480 $
|
0,044 BTC
2.674,49 $
|
2 | 0.1% | ||||
235 |
Worldwide Webb Land
Ethereum
|
0,20 ETH
584,68 $
|
1.5% |
1.900 ETH
5.559.120 $
|
0,90 ETH
2.633,11 $
|
5 | 0.0% | ||||
236 |
Ape Odyssey
Bitcoin
|
0,004 BTC
260,69 $
|
11.3% |
21,25 BTC
1.303.443 $
|
0,043 BTC
2.623,45 $
|
9 | 0.0% | ||||
237 |
BTC Mutant Virus
Bitcoin
|
0,012 BTC
760,35 $
|
24.1% |
9,63 BTC
590.790 $
|
0,042 BTC
2.605,42 $
|
4 | 0.5% | ||||
238 |
BoDoggos
Solana
|
3,32 SOL
479,63 $
|
0.6% |
20.668 SOL
2.987.586 $
|
17,84 SOL
2.579,22 $
|
4 | 0.0% | ||||
239 |
Seedworld Vanguards
Ethereum
|
0,18 ETH
521,96 $
|
5.1% |
827,88 ETH
2.420.853 $
|
0,87 ETH
2.543,10 $
|
5 | 0.2% | ||||
240 |
alien frens
Ethereum
|
0,030 ETH
87,77 $
|
1.7% |
299,97 ETH
877.627 $
|
0,84 ETH
2.453,90 $
|
21 | 0.0% | ||||
241 |
The Magus Official
Ethereum
|
0,004 ETH
11,68 $
|
0.0% |
3,32 ETH
9.730,08 $
|
0,83 ETH
2.417,86 $
|
- | 0.0% | ||||
242 |
Co-Museum Founder's Pass
Ethereum
|
0,12 ETH
341,85 $
|
6.2% |
463,50 ETH
1.356.788 $
|
0,81 ETH
2.371,67 $
|
8 | 0.1% | ||||
243 |
Gemesis
Ethereum
|
0,008 ETH
23,42 $
|
14.3% |
758,04 ETH
2.219.326 $
|
0,81 ETH
2.366,47 $
|
113 | 0.0% | ||||
244 |
Sunflower Land Collectibles
Polygon POS
|
0 ETH
0,00 €
|
0.0% |
0 ETH
0,00 €
|
0,79 ETH
2.316,40 $
|
43.362 | 0.0% | ||||
245 |
CALIVERSE Pioneer
Ethereum
|
0,12 ETH
345,48 $
|
2.6% |
590,00 ETH
1.727.402 $
|
0,78 ETH
2.295,39 $
|
7 | 0.2% | ||||
246 |
OTSpaceship
Ethereum
|
0,28 ETH
814,81 $
|
3.5% |
1.177 ETH
3.442.567 $
|
0,78 ETH
2.282,06 $
|
2 | 0.2% | ||||
247 |
Rosentica: Starfall Travelers
Ethereum
|
0,062 ETH
181,09 $
|
4.6% |
371,39 ETH
1.086.553 $
|
0,78 ETH
2.268,08 $
|
12 | 0.0% | ||||
248 |
RENGA
Ethereum
|
0,083 ETH
242,63 $
|
2.3% |
747,42 ETH
2.187.767 $
|
0,77 ETH
2.253,83 $
|
8 | 0.0% | ||||
249 |
Colorglyphs
Ethereum
|
0,85 ETH
2.488,56 $
|
4.7% |
442,00 ETH
1.294.051 $
|
0,75 ETH
2.195,79 $
|
1 | 0.5% | ||||
250 |
Gazer
Ethereum
|
0,044 ETH
129,07 $
|
6.0% |
92,61 ETH
271.043 $
|
0,75 ETH
2.185,43 $
|
14 | 0.2% | ||||
251 |
Misprints
Bitcoin
|
0,006 BTC
367,84 $
|
0.2% |
20,13 BTC
1.234.100 $
|
0,035 BTC
2.165,78 $
|
6 | 0.0% | ||||
252 |
The Sandbox LANDS
Ethereum
|
0,13 ETH
392,24 $
|
11.7% |
22.246 ETH
65.116.788 $
|
0,74 ETH
2.154,11 $
|
5 | 0.0% | ||||
253 |
Kitaro World
Ethereum
|
0,053 ETH
154,93 $
|
5.7% |
411,40 ETH
1.204.871 $
|
0,73 ETH
2.142,66 $
|
14 | 0.3% | ||||
254 |
YAYO NFT
Ethereum
|
0,27 ETH
789,59 $
|
6.2% |
984,05 ETH
2.878.850 $
|
0,73 ETH
2.135,63 $
|
3 | 0.1% | ||||
255 |
Lazy Lions
Ethereum
|
0,14 ETH
397,60 $
|
0.7% |
1.370 ETH
4.007.773 $
|
0,72 ETH
2.097,40 $
|
6 | 0.0% | ||||
256 |
Degenerate Ape Academy
Solana
|
7,18 SOL
1.040,60 $
|
7.9% |
57.985 SOL
8.400.739 $
|
14,41 SOL
2.087,85 $
|
2 | 0.0% | ||||
257 |
Pixels Pets
Ronin
|
124,00 RON
323,58 $
|
4.6% |
407.960 RON
1.064.574 $
|
800,00 RON
2.087,60 $
|
0 | 0.1% | ||||
258 |
Sipherian Inu
Ethereum
|
0,033 ETH
95,79 $
|
0.1% |
327,41 ETH
957.703 $
|
0,71 ETH
2.069,74 $
|
20 | 0.3% | ||||
259 |
KILLABITS
Ethereum
|
0,10 ETH
306,59 $
|
31.2% |
349,29 ETH
1.021.881 $
|
0,71 ETH
2.063,14 $
|
6 | 0.1% | ||||
260 |
WAGMI
Ethereum
|
0,39 ETH
1.135,99 $
|
3.0% |
931,98 ETH
2.728.639 $
|
0,70 ETH
2.049,46 $
|
2 | 0.0% | ||||
261 |
BlockGames Dice
Ethereum
|
0,062 ETH
182,01 $
|
3.4% |
345,52 ETH
1.011.054 $
|
0,70 ETH
2.045,21 $
|
11 | 0.1% | ||||
262 |
Genuine Undead
Ethereum
|
0,057 ETH
166,91 $
|
7.9% |
570,17 ETH
1.668.420 $
|
0,69 ETH
2.030,17 $
|
9 | 0.1% | ||||
263 |
IMSO: Champions
Bitcoin
|
0,012 BTC
740,33 $
|
0.0% |
13,42 BTC
822.509 $
|
0,033 BTC
2.022,82 $
|
3 | 0.2% | ||||
264 |
Habbo Avatars
Ethereum
|
0,13 ETH
380,50 $
|
3.0% |
1.508 ETH
4.413.434 $
|
0,69 ETH
2.022,51 $
|
5 | 0.1% | ||||
265 |
Highrise LAND
Ethereum
|
0,15 ETH
448,05 $
|
15.0% |
448,29 ETH
1.312.776 $
|
0,69 ETH
2.022,36 $
|
4 | 0.3% | ||||
266 |
Peplicator by Matt Furie
Ethereum
|
0,053 ETH
154,82 $
|
0.0% |
1.167 ETH
3.416.173 $
|
0,68 ETH
1.993,37 $
|
13 | 0.0% | ||||
267 |
Ether Cards Founder
Ethereum
|
0,075 ETH
219,54 $
|
0.1% |
749,62 ETH
2.194.254 $
|
0,67 ETH
1.966,77 $
|
4 | 0.0% | ||||
268 |
HV-MTL
Ethereum
|
0,082 ETH
240,92 $
|
13.4% |
2.336 ETH
6.833.949 $
|
0,67 ETH
1.966,55 $
|
9 | 0.0% | ||||
269 |
Sunflower Land
Polygon POS
|
0,0000 ETH
0,107733 $
|
1.3% |
7,53 ETH
22.023 $
|
0,67 ETH
1.960,94 $
|
12 | 0.0% | ||||
270 |
ENS: Ethereum Name Service
Ethereum
|
0,0006 ETH
1,61 $
|
6.8% |
1.698 ETH
4.971.409 $
|
0,66 ETH
1.920,45 $
|
35 | 0.2% | ||||
271 |
Mint Pass Tokyo | Bright Moments | MPTK
Ethereum
|
1,15 ETH
3.367,95 $
|
0.0% |
1.265 ETH
3.704.749 $
|
0,65 ETH
1.903,63 $
|
- | 96.1% | ||||
272 |
Murakami.Flowers Official
Ethereum
|
0,21 ETH
608,94 $
|
1.5% |
2.112 ETH
6.182.563 $
|
0,64 ETH
1.888,22 $
|
3 | 0.0% | ||||
273 |
The Heist
Solana
|
0,73 SOL
105,48 $
|
0.7% |
7.299 SOL
1.054.667 $
|
12,87 SOL
1.860,01 $
|
10 | 0.0% | ||||
274 |
CreedAlpha
Ethereum
|
0,80 ETH
2.338,62 $
|
0.0% |
88,68 ETH
259.587 $
|
0,63 ETH
1.844,20 $
|
1 | 0.0% | ||||
275 |
TrekkiNFT
Ethereum
|
0,021 ETH
60,87 $
|
5.0% |
208,00 ETH
608.677 $
|
0,62 ETH
1.809,06 $
|
26 | 0.2% | ||||
276 |
ForgottenSouls
Ethereum
|
0,90 ETH
2.633,61 $
|
0.0% |
627,18 ETH
1.835.626 $
|
0,61 ETH
1.785,34 $
|
1 | 0.0% | ||||
277 |
Admit One
Ethereum
|
0,34 ETH
994,68 $
|
0.0% |
340,00 ETH
994.676 $
|
0,59 ETH
1.727,81 $
|
2 | 0.0% | ||||
278 |
FULL SEND X Alien Frens Official
Ethereum
|
0,59 ETH
1.723,88 $
|
0.0% |
589,59 ETH
1.725.601 $
|
0,59 ETH
1.723,87 $
|
1 | 0.0% | ||||
279 |
Karma Monkey
Ethereum
|
0,12 ETH
362,48 $
|
0.8% |
1.634 ETH
4.781.502 $
|
0,59 ETH
1.717,62 $
|
4 | 0.0% | ||||
280 |
Recursive Doodinals
Bitcoin
|
0,047 BTC
2.882,91 $
|
67.9% |
98,70 BTC
6.054.112 $
|
0,028 BTC
1.717,48 $
|
1 | 0.0% | ||||
281 |
Party Bears
Ethereum
|
0,083 ETH
242,65 $
|
1.7% |
801,54 ETH
2.346.209 $
|
0,59 ETH
1.716,47 $
|
6 | 0.1% | ||||
282 |
Unicorn Farm
Polygon POS
|
0,013 ETH
37,76 $
|
0.8% |
507,98 ETH
1.486.759 $
|
0,59 ETH
1.713,95 $
|
23 | 0.0% | ||||
283 |
THE SHIBOSHIS
Ethereum
|
0,18 ETH
512,25 $
|
0.0% |
1.750 ETH
5.121.954 $
|
0,58 ETH
1.683,97 $
|
3 | 0.0% | ||||
284 |
Commoners
Bitcoin
|
0,002 BTC
115,35 $
|
5.0% |
18,80 BTC
1.153.488 $
|
0,027 BTC
1.673,03 $
|
15 | 0.1% | ||||
285 |
Synclub's SnBNB Early Adopters
BNB Smart Chain
|
1,00 BNB
597,45 $
|
0.0% |
25.364 BNB
15.153.818 $
|
2,75 BNB
1.642,32 $
|
38 | 0.1% | ||||
286 |
JeetedPunks
Solana
|
0,051 SOL
7,39 $
|
108.7% |
109,14 SOL
15.788,28 $
|
11,15 SOL
1.613,61 $
|
188 | 0.0% | ||||
287 |
Ash Chapter Two: Metamorphosis
Ethereum
|
0,044 ETH
128,75 $
|
0.0% |
240,93 ETH
705.038 $
|
0,55 ETH
1.608,90 $
|
11 | 0.0% | ||||
288 |
Fragments By James Jean
Ethereum
|
0,035 ETH
102,44 $
|
12.9% |
245,00 ETH
717.073 $
|
0,54 ETH
1.589,27 $
|
1 | 0.0% | ||||
289 |
Droid Capital
Solana
|
1,16 SOL
169,59 $
|
8.6% |
7.419 SOL
1.075.868 $
|
10,93 SOL
1.585,05 $
|
7 | 0.2% | ||||
290 |
0N1 Force
Ethereum
|
0,29 ETH
860,93 $
|
0.0% |
2.286 ETH
6.693.744 $
|
0,54 ETH
1.581,34 $
|
2 | 0.0% | ||||
291 |
Portals
Solana
|
11,65 SOL
1.685,49 $
|
0.0% |
58.238 SOL
8.425.784 $
|
10,59 SOL
1.532,14 $
|
1 | 0.0% | ||||
292 |
The Geckz
Solana
|
0,65 SOL
94,86 $
|
24.8% |
2.201 SOL
318.930 $
|
10,40 SOL
1.507,25 $
|
17 | 0.0% | ||||
293 |
Runers by BVM
Bitcoin
|
0,0007 BTC
39,87 $
|
35.0% |
13,65 BTC
837.129 $
|
0,025 BTC
1.506,96 $
|
39 | 0.1% | ||||
294 |
Trademark by Jack Butcher
Ethereum
|
0,031 ETH
90,28 $
|
14.2% |
308,80 ETH
902.828 $
|
0,51 ETH
1.501,07 $
|
18 | 0.1% | ||||
295 |
LoudPunx
Ethereum
|
0,58 ETH
1.697,35 $
|
5.8% |
1.412 ETH
4.133.054 $
|
0,51 ETH
1.495,72 $
|
1 | 0.1% | ||||
296 |
Crypto Citizens
Ethereum
|
0,22 ETH
629,38 $
|
2.3% |
2.150 ETH
6.293.766 $
|
0,51 ETH
1.492,94 $
|
3 | 0.1% | ||||
297 |
77-Bit
Ethereum
|
0,12 ETH
363,84 $
|
0.6% |
966,67 ETH
2.829.550 $
|
0,51 ETH
1.489,03 $
|
5 | 0.0% | ||||
298 |
XocietyFrontier
Ethereum
|
0,097 ETH
283,78 $
|
2.9% |
379,37 ETH
1.109.845 $
|
0,51 ETH
1.486,16 $
|
4 | 0.1% | ||||
299 |
Astrobot Society
Ethereum
|
0,10 ETH
298,12 $
|
2.0% |
425,43 ETH
1.244.052 $
|
0,51 ETH
1.479,93 $
|
5 | 0.1% | ||||
300 |
League of Kingdoms Skin
Polygon POS
|
0,006 ETH
16,12 $
|
3.8% |
47,28 ETH
138.329 $
|
0,50 ETH
1.468,18 $
|
22 | 0.1% |
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 API de datos NFT.
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.