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 | |||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - |
|
Solana Machines
|
0,023 SOL
2,32 $
|
12.6% | 18.9% | 18.9% |
|
7.745,17 $
76,26 SOL
|
1,18 SOL
119,67 $
|
46 | ||
| - |
|
Bulls and Apes Project - Genesis
|
0,025 ETH
62,40 $
|
0.0% | 0.0% | 46.3% |
|
655.223 $
259,27 ETH
|
0,047 ETH
118,78 $
|
2 | ||
| - |
|
Nomu OG
|
1,44 SOL
146,71 $
|
6.7% | 2.7% | 5.5% |
|
146.712 $
1.445 SOL
|
1,16 SOL
118,26 $
|
1 | ||
| - |
|
2048 by Harto
|
0,0005 BTC
36,91 $
|
0.0% | 0.2% | 36.6% |
|
0,00 €
0 BTC
|
0,002 BTC
140,45 $
|
3 | ||
| - |
|
Non Fungible Tokens
|
0,40 SOL
40,61 $
|
14.7% | 26.5% | 15.0% |
|
135.357 $
1.333 SOL
|
1,15 SOL
116,93 $
|
3 | ||
| - |
|
Froganas
|
Comprar
|
0,61 SOL
62,16 $
|
13.2% | 65.5% | 25.6% |
|
345.283 $
3.400 SOL
|
1,14 SOL
115,53 $
|
2 | |
| - |
|
Flamingos
|
0,001 ETH
3,75 $
|
4.6% | 1.0% | 27.9% |
|
20.833 $
8,24 ETH
|
0,045 ETH
114,16 $
|
33 | ||
| - |
|
Galaxy Eggs
|
0,022 ETH
55,60 $
|
0.0% | 25.0% | 15.4% |
|
555.872 $
219,96 ETH
|
0,045 ETH
113,72 $
|
3 | ||
| - |
|
Liminals
|
0,060 SOL
6,11 $
|
7.8% | 13.7% | 26.8% |
|
20.372 $
200,58 SOL
|
1,12 SOL
113,35 $
|
7 | ||
| - |
|
WPNZ
|
0,001 BTC
77,21 $
|
0.0% | 16.7% | 16.7% |
|
0,00 €
0 BTC
|
0,002 BTC
135,12 $
|
1 | ||
| - |
|
BasePaint
|
0,0008 ETH
2,15 $
|
0.0% | 0.0% | 15.0% |
|
630.801 $
249,61 ETH
|
0,044 ETH
111,80 $
|
26 | ||
| - |
|
Bored Ape Solana Club
|
1,14 SOL
116,02 $
|
3.7% | 11.0% | 19.9% |
|
695.788 $
6.851 SOL
|
1,09 SOL
110,55 $
|
1 | ||
| - |
|
Star Atlas Crew
|
0,004 SOL
0,379511 $
|
22.0% | 36.8% | 43.7% |
|
557.261 $
5.487 SOL
|
1,08 SOL
109,98 $
|
239 | ||
| - |
|
lobsterdao
|
0,073 ETH
184,49 $
|
0.0% | 5.8% | 6.5% |
|
654.185 $
258,86 ETH
|
0,043 ETH
109,17 $
|
1 | ||
| - |
|
NOMOS
|
0,0008 BTC
60,99 $
|
97.5% | 1.0% | 148.6% |
|
0,00 €
0 BTC
|
0,002 BTC
123,54 $
|
4 | ||
| - |
|
Jungle Bay
|
0,090 ETH
227,45 $
|
0.0% | 13.9% | 27.7% |
|
1.263.244 $
499,86 ETH
|
0,041 ETH
103,36 $
|
1 | ||
| - |
|
Primals
|
0,18 SOL
17,98 $
|
9.6% | 15.4% | 15.4% |
|
59.761 $
588,41 SOL
|
1,02 SOL
103,25 $
|
5 | ||
| - |
|
Rune Pups
|
0,0005 BTC
40,15 $
|
0.0% | 10.6% | 10.6% |
|
432.750 $
5,60 BTC
|
0,002 BTC
122,00 $
|
4 | ||
| - |
|
GAMER Leets
|
1,00 BNB
726,98 $
|
0.0% | 33.3% | 961.4% |
|
7.269.806 $
10.000 BNB
|
0,14 BNB
101,81 $
|
1 | ||
| - |
|
Captainz
|
0,044 ETH
111,52 $
|
0.3% | 7.9% | 35.1% |
|
1.115.105 $
441,24 ETH
|
0,040 ETH
101,59 $
|
1 | ||
| - |
|
Wonky Stonks
|
0,035 ETH
88,42 $
|
2.4% | 41.5% | 27.0% |
|
772.362 $
305,62 ETH
|
0,040 ETH
101,09 $
|
1 | ||
| - |
|
BoredMilady
|
0,100 ETH
252,72 $
|
0.0% | 13.6% | 234.5% |
|
1.738.946 $
688,09 ETH
|
0,040 ETH
101,09 $
|
2 | ||
| - |
|
Lil Peepos
|
0,005 BTC
386,07 $
|
0.0% | 66.7% | 0.0% |
|
162.149 $
2,10 BTC
|
0,002 BTC
119,68 $
|
1 | ||
| - |
|
PepeNals
|
0,0003 BTC
24,71 $
|
0.0% | 100.0% | 73.0% |
|
170.488 $
2,21 BTC
|
0,002 BTC
118,91 $
|
8 | ||
| - |
|
Friendship Bracelets by Alexis André
|
0,007 ETH
18,95 $
|
0.0% | 12.3% | 60.3% |
|
738.246 $
292,12 ETH
|
0,038 ETH
97,04 $
|
6 | ||
| - |
|
Mootardios
|
0,079 SOL
8,07 $
|
1.0% | 26.1% | 58.5% |
|
62.781 $
618,14 SOL
|
0,94 SOL
95,61 $
|
3 | ||
| - |
|
onchain gaias
|
0,022 ETH
55,60 $
|
0.0% | 103.7% | 18.4% |
|
308.904 $
122,23 ETH
|
0,036 ETH
91,74 $
|
2 | ||
| - |
|
CakeMonsterLottery
|
0,15 BNB
109,05 $
|
0.0% | 0.0% | 0.0% |
|
267.383 $
367,80 BNB
|
0,13 BNB
91,29 $
|
- | ||
| - |
|
STONES
|
0,0001 BTC
10,04 $
|
0.0% | 56.7% | 0.0% |
|
0,00 €
0 BTC
|
0,001 BTC
107,33 $
|
7 | ||
| - |
|
The Catalina Whale Mixer
|
0,21 SOL
21,30 $
|
6.5% | 8.6% | 31.0% |
|
118.402 $
1.166 SOL
|
0,88 SOL
89,38 $
|
4 | ||
| - |
|
THE WHALES
|
0,21 SOL
21,32 $
|
6.4% | 8.5% | 23.7% |
|
118.432 $
1.166 SOL
|
0,88 SOL
89,38 $
|
4 | ||
| - |
|
NODES
|
0,005 ETH
13,02 $
|
3.4% | 3.1% | 42.7% |
|
43.406 $
17,18 ETH
|
0,035 ETH
88,98 $
|
7 | ||
| - |
|
G*BOY Badges
|
0,086 SOL
8,72 $
|
0.0% | 22.8% | 23.6% |
|
13.078,30 $
128,77 SOL
|
0,87 SOL
88,36 $
|
1 | ||
| - |
|
BullsOnTheBlock
|
0,017 ETH
41,70 $
|
0.0% | 2.9% | 51.3% |
|
417.321 $
165,13 ETH
|
0,034 ETH
85,42 $
|
3 | ||
| - |
|
The Misfits Order
|
0,30 SOL
30,04 $
|
6.4% | 22.3% | 20.8% |
|
150.195 $
1.479 SOL
|
0,84 SOL
85,30 $
|
3 | ||
| - |
|
Micros
|
0,092 SOL
9,32 $
|
0.6% | 11.3% | 54.1% |
|
93.616 $
921,75 SOL
|
0,84 SOL
85,11 $
|
7 | ||
| - |
|
Elements
|
0,075 SOL
7,61 $
|
12.5% | 50.0% | 50.0% |
|
76.049 $
748,78 SOL
|
0,81 SOL
82,67 $
|
11 | ||
| - |
|
Labubu NFT
|
1,11 SOL
112,23 $
|
21.2% | 50.0% | 50.0% |
|
11.222,81 $
110,50 SOL
|
0,80 SOL
81,25 $
|
1 | ||
| - |
|
bitmap
|
Comprar
|
0,0000 BTC
3,61 $
|
0.0% | 4.0% | 36.7% |
|
2.868.117 $
37,15 BTC
|
0,001 BTC
96,12 $
|
26 | |
| - |
|
The Long Lost
|
0,017 ETH
41,95 $
|
0.0% | 0.0% | 0.6% |
|
419.514 $
166,00 ETH
|
0,032 ETH
80,35 $
|
4 | ||
| - |
|
Pixelmon
|
0,006 ETH
15,41 $
|
0.0% | 24.5% | 49.2% |
|
200.452 $
79,32 ETH
|
0,032 ETH
80,15 $
|
2 | ||
| - |
|
Psychedelics Anonymous Genesis
|
0,033 ETH
83,40 $
|
53.5% | 53.5% | 28.4% |
|
800.199 $
316,64 ETH
|
0,031 ETH
79,35 $
|
2 | ||
| - |
|
Pickles
|
0,49 SOL
50,05 $
|
0.0% | 0.0% | 2.2% |
|
50.001 $
492,31 SOL
|
0,78 SOL
79,22 $
|
1 | ||
| - |
|
alien frens
|
0,015 ETH
38,92 $
|
0.0% | 10.8% | 21.6% |
|
389.149 $
153,98 ETH
|
0,031 ETH
78,44 $
|
2 | ||
| - |
|
Enigma by CyberSea x Vivid Gallery x OnChainMonkey®
|
0,003 BTC
247,86 $
|
0.0% | 16.6% | 114.0% |
|
0,00 €
0 BTC
|
0,001 BTC
93,43 $
|
1 | ||
| - |
|
Looki
|
0,034 ETH
86,55 $
|
1.3% | 9.7% | 37.7% |
|
758.838 $
300,27 ETH
|
0,031 ETH
78,09 $
|
1 | ||
| - |
|
1337 skulls
|
0,022 ETH
55,53 $
|
0.0% | 0.1% | 40.5% |
|
407.054 $
161,07 ETH
|
0,031 ETH
78,09 $
|
1 | ||
| - |
|
The Odyssey
|
0,001 BTC
77,21 $
|
0.0% | 0.0% | 0.0% |
|
77.137 $
1,00 BTC
|
0,001 BTC
92,66 $
|
3 | ||
| - |
|
Shaolin Saga
|
0,91 SOL
92,88 $
|
0.0% | 6.7% | 42.9% |
|
36.038 $
354,83 SOL
|
0,75 SOL
75,91 $
|
1 | ||
| - |
|
FLUF World
|
0,027 ETH
68,23 $
|
170.0% | 142.0% | 141.3% |
|
682.343 $
270,00 ETH
|
0,030 ETH
75,81 $
|
3 | ||
| - |
|
CHOMSKY HONKS
|
0,61 SOL
62,05 $
|
0.0% | 28.6% | 36.2% |
|
82.966 $
816,88 SOL
|
0,74 SOL
75,06 $
|
1 | ||
| - |
|
TokenGators
|
0,029 ETH
73,76 $
|
1.3% | 10.7% | 22.7% |
|
295.049 $
116,75 ETH
|
0,029 ETH
73,99 $
|
1 | ||
| - |
|
This User... Banners
|
0,040 ETH
100,78 $
|
0.0% | 2.8% | 4.3% |
|
201.569 $
79,76 ETH
|
0,029 ETH
72,53 $
|
1 | ||
| - |
|
EAPES
|
0,70 SOL
70,89 $
|
1.9% | 2.3% | 3.2% |
|
236.211 $
2.326 SOL
|
0,70 SOL
71,09 $
|
1 | ||
| - |
|
/// by Snowfro
|
0,039 ETH
98,07 $
|
0.0% | 0.1% | 18.2% |
|
196.134 $
77,61 ETH
|
0,028 ETH
71,01 $
|
1 | ||
| - |
|
Caked Apes Official
|
0,025 ETH
63,15 $
|
180.3% | 89.5% | 111.8% |
|
561.147 $
222,04 ETH
|
0,028 ETH
69,62 $
|
3 | ||
| - |
|
ABC
|
0,69 SOL
70,44 $
|
0.0% | 0.7% | 17.2% |
|
139.551 $
1.374 SOL
|
0,68 SOL
69,06 $
|
1 | ||
| - |
|
GODL GANG
|
0,74 SOL
75,08 $
|
0.0% | 11.6% | 11.9% |
|
25.000 $
246,15 SOL
|
0,66 SOL
67,02 $
|
1 | ||
| - |
|
Frens Factory
|
0,15 SOL
14,81 $
|
0.0% | 8.6% | 4.7% |
|
65.005 $
640,04 SOL
|
0,66 SOL
67,03 $
|
1 | ||
| - |
|
RSIC METAPROTOCOL
|
0,0007 BTC
57,54 $
|
0.0% | 14.2% | 16.2% |
|
1.208.416 $
15,65 BTC
|
0,001 BTC
77,21 $
|
1 | ||
| - |
|
OCM Katoshi Classic by OnChainMonkey®
|
0,0007 BTC
57,13 $
|
0.0% | 1.3% | 2.6% |
|
0,00 €
0 BTC
|
0,001 BTC
77,21 $
|
1 | ||
| - |
|
BEST BEFORE by Lemonhaze x ORDINALLY
|
0,0005 BTC
36,92 $
|
0.0% | 40.0% | 40.0% |
|
0,00 €
0 BTC
|
0,001 BTC
77,21 $
|
1 | ||
| - |
|
Cool Pets
|
0,009 ETH
21,58 $
|
0.0% | 0.0% | 0.5% |
|
418.350 $
165,54 ETH
|
0,025 ETH
63,93 $
|
4 | ||
| - |
|
Phanta Bear
|
0,035 ETH
88,33 $
|
7.5% | 0.0% | 0.4% |
|
883.252 $
349,50 ETH
|
0,025 ETH
63,18 $
|
1 | ||
| - |
|
Warriors of Aradena
|
0,016 ETH
40,67 $
|
0.5% | 17.8% | 44.9% |
|
325.341 $
128,74 ETH
|
0,025 ETH
63,18 $
|
1 | ||
| - |
|
0N1 FORCE: THE F4LL3N
|
0,0008 BTC
61,48 $
|
0.0% | 27.6% | 42.7% |
|
204.920 $
2,65 BTC
|
0,0008 BTC
61,46 $
|
1 | ||
| - |
|
Playbux Ultra
|
0,038 BNB
27,49 $
|
0.0% | 0.0% | 0.0% |
|
138.071 $
189,92 BNB
|
0,086 BNB
62,19 $
|
3 | ||
| - |
|
FTW
|
0,0009 BTC
69,49 $
|
0.0% | 32.4% | 109.3% |
|
145.934 $
1,89 BTC
|
0,0010 BTC
74,13 $
|
1 | ||
| - |
|
Shinigami: The Underworld
|
0,11 SOL
10,75 $
|
1.0% | 16.6% | 20.6% |
|
35.833 $
352,81 SOL
|
0,59 SOL
59,92 $
|
4 | ||
| - |
|
THC ᴸᵃᵇᶻ | The Growerz
|
0,75 SOL
75,87 $
|
0.6% | 3.7% | 15.1% |
|
177.155 $
1.744 SOL
|
0,59 SOL
59,60 $
|
1 | ||
| - |
|
The Rune Guardians - Miners
|
0,0001 BTC
5,40 $
|
75.0% | 250.0% | 180.0% |
|
54.050 $
0,70 BTC
|
0,0009 BTC
70,88 $
|
16 | ||
| - |
|
Ordinal SigmaX
|
0,0001 BTC
8,49 $
|
11.3% | 11.3% | 11.4% |
|
8,49 $
0,0001 BTC
|
0,0009 BTC
70,11 $
|
5 | ||
| - |
|
Jirasan
|
0,012 ETH
31,16 $
|
0.0% | 15.2% | 31.4% |
|
311.575 $
123,29 ETH
|
0,023 ETH
58,38 $
|
3 | ||
| - |
|
Killer GF
|
0,045 ETH
113,72 $
|
0.0% | 125.0% | 80.0% |
|
884.430 $
349,97 ETH
|
0,022 ETH
56,10 $
|
1 | ||
| - |
|
Ape Odyssey
|
0,0001 BTC
4,63 $
|
20.0% | 50.0% | 50.0% |
|
23.164 $
0,30 BTC
|
0,0008 BTC
65,48 $
|
17 | ||
| - |
|
Collector Crypt
|
0,083 SOL
8,45 $
|
0.0% | 37.5% | 55.3% |
|
602.029 $
5.928 SOL
|
0,53 SOL
53,83 $
|
1 | ||
| - |
|
The Sad Times NFT
|
0,032 ETH
80,36 $
|
0.0% | 67.4% | 18.0% |
|
267.856 $
105,99 ETH
|
0,021 ETH
53,70 $
|
2 | ||
| - |
|
Lasogette
|
0,027 ETH
67,98 $
|
220.1% | 0.0% | 260.3% |
|
526.381 $
208,29 ETH
|
0,021 ETH
52,95 $
|
3 | ||
| - |
|
0N1 Force: The Fallen
|
0,0008 BTC
61,48 $
|
0.0% | 27.6% | 42.7% |
|
204.920 $
2,65 BTC
|
0,0008 BTC
61,46 $
|
1 | ||
| - |
|
500k Marble Missions
|
0,54 SOL
54,34 $
|
0.0% | 2.0% | 15.3% |
|
48.903 $
481,50 SOL
|
0,50 SOL
50,78 $
|
1 | ||
| - |
|
Bricktopians by Law Degree
|
0,040 ETH
101,09 $
|
53.9% | 55.3% | 15.9% |
|
841.455 $
332,96 ETH
|
0,020 ETH
50,54 $
|
1 | ||
| - |
|
UP NFT Collection
|
0,065 BNB
47,25 $
|
0.0% | 0.0% | 0.0% |
|
236.269 $
325,00 BNB
|
0,068 BNB
49,56 $
|
- | ||
| - |
|
Adderrels
|
0,0010 BTC
76,44 $
|
0.0% | 2.1% | 29.8% |
|
0,00 €
0 BTC
|
0,0008 BTC
57,91 $
|
1 | ||
| - |
|
Sensei
|
0,61 SOL
61,94 $
|
13.1% | 18.7% | 12.3% |
|
206.459 $
2.033 SOL
|
0,48 SOL
48,41 $
|
1 | ||
| - |
|
Insurgence by Debauchery
|
0,0001 BTC
10,04 $
|
0.0% | 0.0% | 13.3% |
|
0,00 €
0 BTC
|
0,0007 BTC
55,59 $
|
6 | ||
| - |
|
Blucamon
|
10,00 BNB
7.269,81 $
|
0.0% | 0.0% | 0.0% |
|
161.709.560 $
222.440 BNB
|
0,064 BNB
46,42 $
|
4 | ||
| - |
|
LeSharX
|
0,054 SOL
5,48 $
|
3.0% | 9.1% | 28.4% |
|
16.453,36 $
162,00 SOL
|
0,45 SOL
45,85 $
|
8 | ||
| - |
|
Shadow Wolves
|
0,018 ETH
45,49 $
|
32.7% | 32.7% | 14.2% |
|
284.310 $
112,50 ETH
|
0,018 ETH
45,74 $
|
2 | ||
| - |
|
Apostles of Greed 🟠
|
0,0007 BTC
54,05 $
|
0.0% | 0.0% | 75.0% |
|
149.610 $
1,94 BTC
|
0,0007 BTC
54,05 $
|
1 | ||
| - |
|
FloraForms by Harto X Belvedere
|
0,0007 BTC
54,05 $
|
0.0% | 11.4% | 7.8% |
|
540.497 $
7,00 BTC
|
0,0007 BTC
54,05 $
|
1 | ||
| - |
|
Runelings
|
0,0003 BTC
27,02 $
|
0.0% | 2.8% | 10.3% |
|
0,00 €
0 BTC
|
0,0007 BTC
54,03 $
|
2 | ||
| - |
|
Mobox Avatar - Binance NFT
|
1,00 BNB
726,98 $
|
0.0% | 0.0% | 696.1% |
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37.324.637 $
51.342 BNB
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0,062 BNB
44,99 $
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Koin Games Dev Squad
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0,029 ETH
72,96 $
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51.5% | 21.1% | 44.9% |
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405.289 $
160,37 ETH
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0,017 ETH
43,78 $
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SPACE ID Badges
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0,020 BNB
14,54 $
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0.0% | 0.0% | 25.0% |
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577.630 $
794,56 BNB
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0,059 BNB
42,99 $
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RTFKT SKIN VIAL: EVO X
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0,006 ETH
15,16 $
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0.0% | 7.7% | 20.0% |
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210.055 $
83,12 ETH
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0,017 ETH
42,97 $
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Bitcoin Weirdos
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0,0006 BTC
50,18 $
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0.0% | 21.5% | 195.4% |
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0,00 €
0 BTC
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0,0006 BTC
50,18 $
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3D Invisible Friends
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0,020 ETH
50,54 $
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0.0% | 0.0% | 0.1% |
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252.720 $
100,00 ETH
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0,016 ETH
41,45 $
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Twin Tigers Jacket
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0,006 ETH
15,29 $
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341.0% | 323.1% | 218.3% |
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150.831 $
59,68 ETH
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0,016 ETH
40,80 $
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Yakub: Creator of the White Race
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0,099 SOL
10,04 $
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0.0% | 0.0% | 5.2% |
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29.920 $
294,59 SOL
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0,40 SOL
40,63 $
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Webkidz
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0,079 SOL
8,05 $
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0.0% | 3.5% | 33.5% |
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25.950 $
255,51 SOL
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0,40 SOL
40,63 $
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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.