Precios superiores de la colección de NFT clasificados por cap. de mercado
| # | NFT | Precio base | 24 h | 7 d | 30 d | Últimos 7 días | Cap. mercado | Volumen en 24 h | Ventas en 24 h | |||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - |
|
Forgotten Runes Wizards Cult
|
0,034 ETH
82,88 $
|
0.0% | 13.7% | 34.4% |
|
771.595 $
316,54 ETH
|
0,18 ETH
440,43 $
|
5 | ||
| - |
|
Moki Genesis
|
999,00 RON
54,21 $
|
0.0% | 3.8% | 0.0% |
|
481.805 $
8.879.112 RON
|
8.060 RON
437,36 $
|
6 | ||
| - |
|
CyberBrokers
|
0,036 ETH
87,75 $
|
8.0% | 3.1% | 29.0% |
|
877.535 $
360,00 ETH
|
0,18 ETH
428,29 $
|
2 | ||
| - |
|
Solsunsets
|
0,76 SOL
78,74 $
|
4.7% | 4.7% | 91.3% |
|
339.349 $
3.266 SOL
|
4,05 SOL
420,80 $
|
5 | ||
| - |
|
Robinio Quants
|
0,002 ETH
5,10 $
|
37.3% | 360.2% | 319.9% |
|
20.391 $
8,37 ETH
|
0,17 ETH
418,46 $
|
97 | ||
| - |
|
SchizoPosters
|
0,076 ETH
185,99 $
|
14.7% | 13.9% | 1.7% |
|
1.032.980 $
423,77 ETH
|
0,17 ETH
416,83 $
|
2 | ||
| - |
|
CryptoArte
|
0,043 ETH
104,51 $
|
0.2% | 105.2% | 121.0% |
|
1.032.394 $
423,53 ETH
|
0,17 ETH
411,87 $
|
5 | ||
| - |
|
GMX Blueberry Club
|
0,13 ETH
326,39 $
|
2.3% | 0.0% | 0.0% |
|
3.263.944 $
1.339 ETH
|
0,16 ETH
382,46 $
|
1 | ||
| - |
|
Natcats
|
0,003 BTC
220,43 $
|
0.0% | 5.0% | 9.8% |
|
1.777.529 $
22,90 BTC
|
0,006 BTC
457,15 $
|
2 | ||
| - |
|
Sunflower Land
|
0,0002 ETH
0,458781 $
|
0.2% | 1.0% | 88.3% |
|
121.571 $
49,87 ETH
|
0,15 ETH
373,73 $
|
5 | ||
| - |
|
Lions of Liquania
|
3,73 SOL
388,00 $
|
0.0% | 0.3% | 3.1% |
|
509.439 $
4.903 SOL
|
3,49 SOL
362,61 $
|
1 | ||
| - |
|
Famous Fox Federation
|
3,36 SOL
349,62 $
|
3.2% | 10.1% | 6.8% |
|
3.496.239 $
33.650 SOL
|
3,40 SOL
353,26 $
|
1 | ||
| - |
|
Gremlin Cartel
|
0,008 ETH
18,80 $
|
8.6% | 31.1% | 24.7% |
|
94.002 $
38,56 ETH
|
0,14 ETH
351,32 $
|
16 | ||
| - |
|
Skellie
|
0,030 ETH
72,88 $
|
50.3% | 57.5% | 70.9% |
|
182.210 $
74,75 ETH
|
0,14 ETH
345,41 $
|
- | ||
| - |
|
Trump Digital Trading Cards
|
0,021 ETH
51,73 $
|
2.2% | 6.0% | 11.6% |
|
2.328.068 $
955,07 ETH
|
0,14 ETH
343,74 $
|
7 | ||
| - |
|
Gemesis
|
0,010 ETH
25,11 $
|
8.8% | 5.1% | 6.4% |
|
2.379.039 $
975,98 ETH
|
0,14 ETH
343,02 $
|
13 | ||
| - |
|
CENTS
|
0,005 BTC
399,72 $
|
0.0% | 0.8% | 10.8% |
|
3.997.593 $
51,51 BTC
|
0,005 BTC
411,36 $
|
1 | ||
| - |
|
Base Gods
|
0,14 ETH
338,80 $
|
2.8% | 10.3% | 18.2% |
|
273.752 $
112,30 ETH
|
0,14 ETH
338,68 $
|
1 | ||
| - |
|
daily.xyz
|
0,014 ETH
33,91 $
|
0.2% | 0.6% | 0.5% |
|
108.163 $
44,37 ETH
|
0,14 ETH
330,29 $
|
5 | ||
| - |
|
Otherside Vessel
|
0,008 ETH
19,25 $
|
26.6% | 21.8% | 11.2% |
|
541.852 $
222,29 ETH
|
0,13 ETH
328,59 $
|
28 | ||
| - |
|
TRUMP HOOD
|
0,084 ETH
204,76 $
|
0.0% | 2000.0% | 2000.0% |
|
615.503 $
252,50 ETH
|
0,13 ETH
326,64 $
|
67 | ||
| - |
|
Cursed Bitcoin Punks
|
0,0005 BTC
36,40 $
|
0.0% | 100.4% | 4.2% |
|
364.016 $
4,69 BTC
|
0,005 BTC
388,08 $
|
14 | ||
| - |
|
Mars Cats Voyage
|
0,012 ETH
30,34 $
|
0.0% | 29.3% | 13.1% |
|
303.086 $
124,34 ETH
|
0,13 ETH
319,44 $
|
11 | ||
| - |
|
BotanNFT
|
0,19 BNB
132,56 $
|
0.0% | 0.0% | 0.0% |
|
1.030.884 $
1.499 BNB
|
0,46 BNB
313,02 $
|
- | ||
| - |
|
Sappy Seals
|
0,067 ETH
163,32 $
|
4.3% | 11.9% | 13.7% |
|
1.632.701 $
669,80 ETH
|
0,13 ETH
312,97 $
|
2 | ||
| - |
|
Pandu Pandas
|
0,41 SOL
42,21 $
|
1.1% | 76.7% | 15.1% |
|
67.712 $
651,70 SOL
|
3,00 SOL
311,70 $
|
1 | ||
| - |
|
Kanpai Pandas
|
0,033 ETH
80,44 $
|
10.0% | 5.7% | 25.0% |
|
709.970 $
291,26 ETH
|
0,13 ETH
309,82 $
|
5 | ||
| - |
|
G3M NFT Series
|
0,0000 BNB
0,000000000000000688 $
|
0.0% | 0.0% | 0.0% |
|
0,000000000593757 $
0,0000 BNB
|
0,44 BNB
304,86 $
|
- | ||
| - |
|
Dead y00ts
|
0,17 SOL
18,06 $
|
0.0% | 0.1% | 77.8% |
|
60.207 $
579,46 SOL
|
2,93 SOL
304,01 $
|
13 | ||
| - |
|
Dead y00t
|
0,17 SOL
18,06 $
|
0.1% | 0.1% | 77.8% |
|
60.207 $
579,46 SOL
|
2,93 SOL
304,01 $
|
13 | ||
| - |
|
DUMPSTR Bags
|
0,33 SOL
34,46 $
|
24.1% | 7.9% | 44.0% |
|
76.579 $
737,04 SOL
|
2,84 SOL
295,50 $
|
11 | ||
| - |
|
The Sandbox ASSETS
|
0,0001 ETH
0,238885 $
|
0.0% | 2.0% | 0.0% |
|
1.644.252 $
674,54 ETH
|
0,12 ETH
289,95 $
|
44 | ||
| - |
|
The Misfits Order
|
0,28 SOL
29,58 $
|
13.9% | 9.6% | 8.7% |
|
147.917 $
1.424 SOL
|
2,79 SOL
289,82 $
|
8 | ||
| - |
|
GAINZ
|
1,54 SOL
159,54 $
|
3.0% | 11.8% | 30.2% |
|
531.739 $
5.118 SOL
|
2,77 SOL
288,18 $
|
2 | ||
| - |
|
Chibi Hood
|
0,0009 ETH
2,16 $
|
1.3% | 48.0% | 217.1% |
|
19.236,43 $
7,89 ETH
|
0,12 ETH
287,71 $
|
115 | ||
| - |
|
EVMavericks
|
0,21 ETH
511,90 $
|
0.0% | 0.0% | 1.4% |
|
677.238 $
277,83 ETH
|
0,12 ETH
287,64 $
|
1 | ||
| - |
|
CryptoUndeads
|
0,43 SOL
44,36 $
|
0.0% | 23.5% | 90.8% |
|
443.528 $
4.269 SOL
|
2,76 SOL
286,55 $
|
6 | ||
| - |
|
BoredMilady
|
0,040 ETH
98,11 $
|
0.0% | 11.8% | 6.4% |
|
675.118 $
276,96 ETH
|
0,12 ETH
286,17 $
|
6 | ||
| - |
|
THE SHIBOSHIS
|
0,056 ETH
135,53 $
|
18.6% | 18.6% | 26.4% |
|
1.355.169 $
555,94 ETH
|
0,12 ETH
285,35 $
|
3 | ||
| - |
|
Adam Bomb Squad
|
0,030 ETH
73,12 $
|
0.0% | 57.9% | 7.7% |
|
1.827.955 $
749,90 ETH
|
0,12 ETH
281,76 $
|
6 | ||
| - |
|
PennyMoon NFTs
|
0,010 BNB
6,88 $
|
0.0% | 0.0% | 0.0% |
|
13,77 $
0,020 BNB
|
0,41 BNB
278,63 $
|
- | ||
| - |
|
CryptoPhunks
|
0,029 ETH
71,49 $
|
1.4% | 0.0% | 36.1% |
|
712.920 $
292,47 ETH
|
0,11 ETH
264,97 $
|
5 | ||
| - |
|
Micros
|
0,11 SOL
11,23 $
|
8.5% | 17.1% | 33.1% |
|
112.794 $
1.086 SOL
|
2,53 SOL
262,58 $
|
4 | ||
| - |
|
The Wizards of Ord
|
0,005 BTC
419,12 $
|
5.3% | 17.8% | 35.0% |
|
1.396.937 $
18,00 BTC
|
0,004 BTC
314,20 $
|
1 | ||
| - |
|
Bitcoin Bandits
|
0,004 BTC
329,87 $
|
0.0% | 6.8% | 14.8% |
|
168.891 $
2,18 BTC
|
0,004 BTC
308,91 $
|
1 | ||
| - |
|
BASTARD GAN PUNKS V2
|
0,031 ETH
74,44 $
|
0.0% | 32.1% | 13.2% |
|
840.922 $
344,98 ETH
|
0,11 ETH
256,44 $
|
2 | ||
| - |
|
MOSCIUN
|
0,39 SOL
40,39 $
|
2.4% | 18.0% | 22.7% |
|
134.629 $
1.296 SOL
|
2,45 SOL
254,56 $
|
2 | ||
| - |
|
Primates
|
0,45 SOL
46,68 $
|
9.2% | 6.1% | 6.0% |
|
466.668 $
4.491 SOL
|
2,45 SOL
254,51 $
|
4 | ||
| - |
|
REDACTED Schizo Yuppies
|
0,25 SOL
26,05 $
|
30.2% | 0.4% | 0.4% |
|
46.269 $
445,32 SOL
|
2,45 SOL
254,53 $
|
13 | ||
| - |
|
Pixelmon
|
0,007 ETH
16,24 $
|
24.3% | 58.9% | 42.1% |
|
211.144 $
86,62 ETH
|
0,10 ETH
248,29 $
|
17 | ||
| - |
|
Zero Name Service
|
0,033 ETH
80,07 $
|
0.0% | 10.6% | 21.9% |
|
587.554 $
241,04 ETH
|
0,10 ETH
243,76 $
|
1 | ||
| - |
|
RENGA
|
0,045 ETH
109,20 $
|
5.3% | 32.8% | 5.2% |
|
996.272 $
408,71 ETH
|
0,100 ETH
243,03 $
|
3 | ||
| - |
|
Pome Survival Companion Pet
|
0,30 BNB
206,34 $
|
0.0% | 0.0% | 696.1% |
|
620.253 $
901,80 BNB
|
0,35 BNB
240,71 $
|
6 | ||
| - |
|
BR1: Ape Operatives
|
0,45 SOL
46,58 $
|
12.0% | 24.2% | 10.2% |
|
116.398 $
1.120 SOL
|
2,30 SOL
238,97 $
|
1 | ||
| - |
|
Bricktopians by Law Degree
|
0,040 ETH
97,50 $
|
21.7% | 15.9% | 15.9% |
|
811.623 $
332,96 ETH
|
0,097 ETH
235,72 $
|
4 | ||
| - |
|
Critters Quest
|
2,35 SOL
244,58 $
|
0.0% | 31.3% | 14.7% |
|
858.728 $
8.265 SOL
|
2,25 SOL
233,67 $
|
1 | ||
| - |
|
Lasogette
|
0,027 ETH
65,57 $
|
0.0% | 66.9% | 189.3% |
|
507.719 $
208,29 ETH
|
0,094 ETH
229,79 $
|
5 | ||
| - |
|
Proof of Narnian NFT
|
0,12 ETH
280,32 $
|
0.0% | 0.0% | 8.0% |
|
934.319 $
383,30 ETH
|
0,094 ETH
229,13 $
|
1 | ||
| - |
|
Thetan Hero
|
1,00 BNB
687,79 $
|
0.0% | 0.0% | 900.0% |
|
244.963.531 $
356.158 BNB
|
0,33 BNB
227,49 $
|
22 | ||
| - |
|
Lil Chillers
|
0,61 SOL
63,56 $
|
14.2% | 31.1% | 24.0% |
|
211.974 $
2.040 SOL
|
2,19 SOL
227,39 $
|
2 | ||
| - |
|
BasePaint
|
0,0009 ETH
2,29 $
|
0.2% | 10.3% | 5.9% |
|
671.741 $
275,57 ETH
|
0,093 ETH
227,25 $
|
65 | ||
| - |
|
Saga Monkes
|
0,50 SOL
52,05 $
|
2.2% | 14.8% | 29.2% |
|
520.480 $
5.009 SOL
|
2,18 SOL
226,50 $
|
4 | ||
| - |
|
MathVerse Land
|
5,00 BNB
3.438,97 $
|
0.0% | 5278.8% | 7860.7% |
|
8.597.432 $
12.500 BNB
|
0,32 BNB
219,63 $
|
1 | ||
| - |
|
PROOF Collective
|
0,22 ETH
541,15 $
|
45.1% | 45.1% | 45.1% |
|
541.147 $
222,00 ETH
|
0,090 ETH
219,38 $
|
1 | ||
| - |
|
The Forbidden
|
0,54 SOL
55,59 $
|
37.5% | 58.3% | 58.3% |
|
6.170,14 $
59,39 SOL
|
2,07 SOL
215,07 $
|
2 | ||
| - |
|
Undeads
|
0,37 SOL
38,91 $
|
0.0% | 40.0% | 29.7% |
|
389.030 $
3.744 SOL
|
2,05 SOL
213,10 $
|
3 | ||
| - |
|
Proud Kitty Gang
|
0,50 BNB
343,90 $
|
0.0% | 0.0% | 696.1% |
|
1.707.794 $
2.483 BNB
|
0,31 BNB
211,85 $
|
3 | ||
| - |
|
Monke
|
0,34 SOL
35,72 $
|
17.3% | 28.5% | 28.5% |
|
11.966,73 $
115,17 SOL
|
2,01 SOL
208,83 $
|
6 | ||
| - |
|
BASC Collection
|
0,30 SOL
31,12 $
|
1.1% | 17.9% | 35.3% |
|
308.543 $
2.970 SOL
|
2,01 SOL
208,94 $
|
7 | ||
| - |
|
The Warplets
|
0,003 ETH
6,70 $
|
0.5% | 18.7% | 25.0% |
|
329.485 $
135,17 ETH
|
0,086 ETH
208,79 $
|
31 | ||
| - |
|
Meatbags
|
0,86 SOL
88,94 $
|
0.0% | 40.3% | 42.9% |
|
893.126 $
8.596 SOL
|
2,00 SOL
207,80 $
|
1 | ||
| - |
|
Tomorrowland: The Symbol of Love and Unity
|
2,04 SOL
211,96 $
|
0.0% | 9.0% | 6.9% |
|
1.377.088 $
13.254 SOL
|
1,95 SOL
202,61 $
|
1 | ||
| - |
|
Avastars
|
0,010 ETH
24,61 $
|
0.0% | 44.5% | 28.0% |
|
655.149 $
268,77 ETH
|
0,081 ETH
197,38 $
|
9 | ||
| - |
|
Puffsterz
|
2,34 SOL
243,32 $
|
0.0% | 0.0% | 10.2% |
|
459.148 $
4.419 SOL
|
1,90 SOL
197,41 $
|
1 | ||
| - |
|
MidEvil
|
0,66 SOL
68,40 $
|
5.2% | 22.5% | 5.1% |
|
342.007 $
3.292 SOL
|
1,88 SOL
195,02 $
|
3 | ||
| - |
|
$DOG | Ordinals - SZN II B9-450x
|
0,004 BTC
310,46 $
|
0.0% | 111.6% | 67.4% |
|
0,00 €
0 BTC
|
0,003 BTC
232,85 $
|
1 | ||
| - |
|
Oblivion by Nullish
|
0,005 BTC
379,54 $
|
0.0% | 29.1% | 33.9% |
|
210.265 $
2,71 BTC
|
0,003 BTC
232,85 $
|
1 | ||
| - |
|
DogePunks
|
0,0004 BTC
27,17 $
|
45.8% | 0.0% | 16.7% |
|
271.654 $
3,50 BTC
|
0,003 BTC
232,77 $
|
11 | ||
| - |
|
Fomojis 2.0
|
0,002 BTC
153,68 $
|
0.0% | 15.7% | 5.9% |
|
308.740 $
3,98 BTC
|
0,003 BTC
231,29 $
|
1 | ||
| - |
|
Smyths
|
0,96 SOL
99,50 $
|
0.0% | 9.5% | 23.3% |
|
442.157 $
4.256 SOL
|
1,80 SOL
187,33 $
|
2 | ||
| - |
|
PORSCHE 911
|
0,17 ETH
411,95 $
|
0.0% | 0.0% | 28.1% |
|
973.448 $
399,35 ETH
|
0,076 ETH
186,23 $
|
1 | ||
| - |
|
Card NFT 2
|
0,31 SOL
32,02 $
|
0.0% | 3.7% | 13.0% |
|
272.153 $
2.619 SOL
|
1,78 SOL
184,94 $
|
3 | ||
| - |
|
Drifters: Masterwork
|
0,38 SOL
39,91 $
|
2.8% | 38.1% | 41.0% |
|
332.941 $
3.204 SOL
|
1,75 SOL
181,83 $
|
1 | ||
| - |
|
$DOG | Ordinals - SZN I Genesis
|
0,004 BTC
302,70 $
|
0.0% | 2.5% | 11.7% |
|
1.664.850 $
21,45 BTC
|
0,003 BTC
213,44 $
|
1 | ||
| - |
|
PoorTraits
|
0,0002 BTC
15,52 $
|
4.8% | 20.0% | 23.1% |
|
0,00 €
0 BTC
|
0,003 BTC
211,89 $
|
13 | ||
| - |
|
FGDNFT
|
0,44 BNB
303,02 $
|
0.0% | 0.0% | 0.0% |
|
2.320.202 $
3.373 BNB
|
0,25 BNB
175,29 $
|
- | ||
| - |
|
YuliOriginGenOne
|
500,00 BNB
343.897 $
|
0.0% | 0.0% | 38.9% |
|
2.487.065.085 $
3.616.000 BNB
|
0,25 BNB
174,20 $
|
5 | ||
| - |
|
$DOG | Genesis
|
0,004 BTC
302,70 $
|
0.0% | 2.5% | 11.7% |
|
1.664.850 $
21,45 BTC
|
0,003 BTC
213,44 $
|
1 | ||
| - |
|
Gutter Cat Gang
|
0,10 ETH
243,76 $
|
8.3% | 16.7% | 25.0% |
|
731.280 $
300,00 ETH
|
0,070 ETH
171,36 $
|
1 | ||
| - |
|
PIXEL HOOD CLAN
|
0,040 ETH
97,50 $
|
0.3% | 39.2% | 61.7% |
|
32.469 $
13,32 ETH
|
0,069 ETH
168,68 $
|
2 | ||
| - |
|
Planets
|
0,003 BTC
199,89 $
|
0.0% | 22.9% | 102.6% |
|
0,00 €
0 BTC
|
0,003 BTC
199,89 $
|
1 | ||
| - |
|
Solarians
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1,55 SOL
161,23 $
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2.8% | 10.7% | 19.2% |
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1.595.810 $
15.359 SOL
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1,60 SOL
166,24 $
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Peepos
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0,003 BTC
232,85 $
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0.0% | 40.0% | 40.0% |
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97.795 $
1,26 BTC
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0,003 BTC
196,37 $
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2 | ||
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10KTF Gucci Grail
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0,030 ETH
72,64 $
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113.5% | 0.0% | 98.7% |
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308.940 $
126,74 ETH
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0,068 ETH
165,78 $
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Moonbirds Oddities
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0,085 ETH
207,20 $
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10.4% | 39.3% | 13.3% |
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1.253.121 $
514,08 ETH
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0,068 ETH
165,76 $
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1 | ||
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Runestone
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0,001 BTC
107,73 $
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0.0% | 3.7% | 28.6% |
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12.108.871 $
156,01 BTC
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0,003 BTC
197,15 $
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Based OnChain Punks
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0,006 ETH
13,77 $
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2.5% | 26.8% | 9.1% |
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137.698 $
56,49 ETH
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0,067 ETH
162,40 $
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15 | ||
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Jirasan
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0,015 ETH
37,70 $
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0.0% | 8.5% | 19.3% |
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377.008 $
154,66 ETH
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0,067 ETH
162,34 $
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The Royals
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0,0004 BTC
29,11 $
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0.0% | 3.0% | 3.8% |
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293.386 $
3,78 BTC
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0,002 BTC
192,56 $
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Ovols
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0,095 SOL
9,89 $
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40.2% | 51.3% | 62.8% |
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98.945 $
952,30 SOL
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1,53 SOL
159,30 $
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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
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.