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 | |||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - |
|
Ninja Squad Official
|
0,028 ETH
75,04 $
|
0.0% | 29.2% | 27.4% |
|
666.857 $
247,95 ETH
|
0,040 ETH
107,58 $
|
1 | ||
| - |
|
Lil Chillers
|
0,32 SOL
39,09 $
|
1.7% | 19.2% | 56.5% |
|
130.359 $
1.061 SOL
|
0,88 SOL
107,46 $
|
3 | ||
| - |
|
World of Women Galaxy
|
0,006 ETH
15,66 $
|
3.8% | 37.4% | 25.4% |
|
336.293 $
125,04 ETH
|
0,040 ETH
106,85 $
|
7 | ||
| - |
|
BoDoggos
|
0,79 SOL
96,89 $
|
0.0% | 0.0% | 1.2% |
|
842.689 $
6.862 SOL
|
0,87 SOL
106,85 $
|
1 | ||
| - |
|
Absolute Batman: Ashcan Special Edition (2024) #1
|
2,58 SOL
316,37 $
|
0.0% | 35.3% | 5.3% |
|
136.353 $
1.110 SOL
|
0,85 SOL
104,39 $
|
1 | ||
| - |
|
IO: Imaginary Ones
|
0,027 ETH
72,92 $
|
17.9% | 0.0% | 1.2% |
|
648.074 $
240,96 ETH
|
0,038 ETH
103,45 $
|
2 | ||
| - |
|
NOMOS
|
0,0008 BTC
66,81 $
|
97.5% | 1.0% | 148.6% |
|
0,00 €
0 BTC
|
0,002 BTC
135,33 $
|
4 | ||
| - |
|
CryptoSkulls
|
0,038 ETH
103,29 $
|
0.0% | 15.2% | 27.6% |
|
1.032.907 $
384,05 ETH
|
0,038 ETH
103,29 $
|
1 | ||
| - |
|
Rune Pups
|
0,0005 BTC
43,98 $
|
0.0% | 10.6% | 10.6% |
|
474.058 $
5,60 BTC
|
0,002 BTC
133,64 $
|
4 | ||
| - |
|
CETS ON CRECK
|
0,50 SOL
61,92 $
|
7.1% | 21.1% | 30.0% |
|
431.663 $
3.515 SOL
|
0,83 SOL
101,39 $
|
2 | ||
| - |
|
Lil Peepos
|
0,005 BTC
422,92 $
|
0.0% | 66.7% | 0.0% |
|
177.627 $
2,10 BTC
|
0,002 BTC
131,11 $
|
1 | ||
| - |
|
Elements
|
0,075 SOL
9,20 $
|
12.5% | 50.0% | 50.0% |
|
91.959 $
748,78 SOL
|
0,81 SOL
99,97 $
|
11 | ||
| - |
|
PepeNals
|
0,0003 BTC
27,07 $
|
0.0% | 100.0% | 73.0% |
|
186.762 $
2,21 BTC
|
0,002 BTC
130,26 $
|
8 | ||
| - |
|
Dead y00t
|
0,27 SOL
33,36 $
|
0.0% | 5.1% | 56.3% |
|
111.196 $
905,41 SOL
|
0,80 SOL
98,25 $
|
2 | ||
| - |
|
Dead y00ts
|
0,27 SOL
33,36 $
|
0.0% | 5.1% | 56.3% |
|
111.196 $
905,41 SOL
|
0,80 SOL
98,25 $
|
2 | ||
| - |
|
Labubu NFT
|
1,11 SOL
135,71 $
|
21.2% | 50.0% | 50.0% |
|
13.570,79 $
110,50 SOL
|
0,80 SOL
98,25 $
|
1 | ||
| - |
|
Smyths
|
0,71 SOL
87,16 $
|
0.1% | 8.5% | 25.9% |
|
387.333 $
3.154 SOL
|
0,80 SOL
98,13 $
|
1 | ||
| - |
|
The Misfits Order
|
0,27 SOL
32,85 $
|
0.0% | 21.6% | 8.0% |
|
164.262 $
1.338 SOL
|
0,80 SOL
97,84 $
|
3 | ||
| - |
|
CakeMonsterLottery
|
0,15 BNB
116,71 $
|
0.0% | 0.0% | 0.0% |
|
286.172 $
367,80 BNB
|
0,13 BNB
97,70 $
|
- | ||
| - |
|
Sensei
|
0,56 SOL
68,58 $
|
1.5% | 1.3% | 28.0% |
|
228.586 $
1.861 SOL
|
0,79 SOL
97,51 $
|
1 | ||
| - |
|
REDACTED Schizo Yuppies
|
0,099 SOL
12,18 $
|
9.1% | 24.9% | 47.5% |
|
21.640 $
176,20 SOL
|
0,79 SOL
96,60 $
|
8 | ||
| - |
|
Radbro Webring V2
|
0,015 ETH
39,27 $
|
0.0% | 22.3% | 13.8% |
|
196.334 $
73,00 ETH
|
0,036 ETH
95,48 $
|
3 | ||
| - |
|
MEGAMI
|
0,031 ETH
82,83 $
|
131.6% | 0.0% | 121.0% |
|
809.679 $
301,05 ETH
|
0,036 ETH
95,48 $
|
4 | ||
| - |
|
Lasogette
|
0,022 ETH
59,17 $
|
57.1% | 26.7% | 18.2% |
|
458.148 $
170,35 ETH
|
0,036 ETH
95,48 $
|
3 | ||
| - |
|
RTFKT Project Animus
|
0,011 ETH
28,75 $
|
29.4% | 29.4% | 43.7% |
|
351.537 $
130,71 ETH
|
0,035 ETH
95,46 $
|
4 | ||
| - |
|
Jungle Bay
|
0,040 ETH
106,88 $
|
0.0% | 33.7% | 48.4% |
|
593.618 $
220,72 ETH
|
0,035 ETH
94,03 $
|
1 | ||
| - |
|
Pandu Pandas
|
0,26 SOL
32,08 $
|
35.6% | 28.8% | 35.5% |
|
51.464 $
419,04 SOL
|
0,75 SOL
91,76 $
|
4 | ||
| - |
|
STONES
|
0,0001 BTC
11,00 $
|
0.0% | 56.7% | 0.0% |
|
0,00 €
0 BTC
|
0,001 BTC
117,57 $
|
7 | ||
| - |
|
Rogues
|
0,19 SOL
23,92 $
|
0.5% | 14.1% | 32.7% |
|
79.714 $
649,07 SOL
|
0,73 SOL
89,04 $
|
2 | ||
| - |
|
Pumpfun Pepe
|
0,30 SOL
36,93 $
|
0.0% | 67.6% | 8.1% |
|
35.708 $
290,75 SOL
|
0,72 SOL
88,43 $
|
3 | ||
| - |
|
Bando Kids
|
0,31 SOL
37,70 $
|
2.9% | 43.5% | 147.3% |
|
125.659 $
1.023 SOL
|
0,70 SOL
85,97 $
|
2 | ||
| - |
|
BASTARD GAN PUNKS V2
|
0,041 ETH
110,92 $
|
5.2% | 6.0% | 35.0% |
|
1.252.902 $
465,85 ETH
|
0,032 ETH
85,80 $
|
1 | ||
| - |
|
card nft
|
0,16 SOL
19,45 $
|
111.4% | 111.4% | 85.0% |
|
150.513 $
1.226 SOL
|
0,69 SOL
84,48 $
|
6 | ||
| - |
|
My Pet Hooligan
|
0,019 ETH
50,83 $
|
0.0% | 17.5% | 37.4% |
|
451.793 $
167,98 ETH
|
0,031 ETH
82,81 $
|
2 | ||
| - |
|
DUMPSTR Bags
|
0,10 SOL
12,62 $
|
0.0% | 4.9% | 61.6% |
|
28.031 $
228,24 SOL
|
0,67 SOL
82,28 $
|
1 | ||
| - |
|
Pesky Penguins
|
0,38 SOL
46,42 $
|
0.0% | 9.8% | 47.0% |
|
381.970 $
3.110 SOL
|
0,66 SOL
81,06 $
|
1 | ||
| - |
|
bitmap
|
Comprar
|
0,0000 BTC
3,96 $
|
0.0% | 4.0% | 36.7% |
|
3.141.894 $
37,15 BTC
|
0,001 BTC
105,29 $
|
26 | |
| - |
|
Based Ape Gang
|
0,012 ETH
32,11 $
|
0.0% | 0.0% | 55.2% |
|
71.354 $
26,53 ETH
|
0,029 ETH
79,30 $
|
2 | ||
| - |
|
Drifters: Masterwork
|
0,39 SOL
48,08 $
|
0.0% | 2.7% | 0.9% |
|
402.645 $
3.279 SOL
|
0,64 SOL
78,94 $
|
2 | ||
| - |
|
Enigma by CyberSea x Vivid Gallery x OnChainMonkey®
|
0,003 BTC
271,52 $
|
0.0% | 16.6% | 114.0% |
|
0,00 €
0 BTC
|
0,001 BTC
102,35 $
|
1 | ||
| - |
|
The Meta Key
|
0,010 ETH
26,18 $
|
0.2% | 0.4% | 15.1% |
|
255.035 $
94,83 ETH
|
0,029 ETH
78,00 $
|
5 | ||
| - |
|
The Odyssey
|
0,001 BTC
84,58 $
|
0.0% | 0.0% | 0.0% |
|
84.500 $
1,00 BTC
|
0,001 BTC
101,50 $
|
3 | ||
| - |
|
Webkidz
|
0,079 SOL
9,66 $
|
0.7% | 0.7% | 21.6% |
|
31.125 $
253,44 SOL
|
0,63 SOL
77,30 $
|
2 | ||
| - |
|
LeSharX
|
0,054 SOL
6,62 $
|
10.9% | 4.0% | 16.8% |
|
19.855,85 $
161,68 SOL
|
0,62 SOL
76,00 $
|
13 | ||
| - |
|
Treeverse Plots
|
0,008 ETH
21,82 $
|
0.4% | 0.4% | 7.3% |
|
227.393 $
84,55 ETH
|
0,028 ETH
75,41 $
|
6 | ||
| - |
|
Kitaro World
|
0,002 ETH
5,38 $
|
0.0% | 48.7% | 68.7% |
|
41.833 $
15,55 ETH
|
0,027 ETH
73,75 $
|
13 | ||
| - |
|
Absolute Batman (2024-) #1
|
0,20 SOL
24,48 $
|
0.0% | 6.2% | 49.1% |
|
60.157 $
489,83 SOL
|
0,60 SOL
73,69 $
|
2 | ||
| - |
|
Coral Tribe
|
0,55 SOL
67,25 $
|
0.4% | 21.4% | 18.2% |
|
441.249 $
3.593 SOL
|
0,60 SOL
73,69 $
|
1 | ||
| - |
|
Meerkat Millionaires Country Club
|
0,39 SOL
48,14 $
|
18.6% | 142.7% | 17.8% |
|
478.970 $
3.900 SOL
|
0,60 SOL
73,10 $
|
2 | ||
| - |
|
Collector Crypt
|
0,067 SOL
8,26 $
|
19.1% | 11.2% | 15.0% |
|
588.755 $
4.794 SOL
|
0,58 SOL
71,75 $
|
5 | ||
| - |
|
Lazy Ape Yacht Club
|
0,049 ETH
131,79 $
|
580.7% | 231.4% | 182.1% |
|
1.317.861 $
490,00 ETH
|
0,026 ETH
70,81 $
|
4 | ||
| - |
|
Dooplicator
|
0,006 ETH
16,67 $
|
0.0% | 4.4% | 18.8% |
|
156.328 $
58,13 ETH
|
0,026 ETH
70,16 $
|
4 | ||
| - |
|
FLUF World
|
0,027 ETH
72,62 $
|
130.8% | 128.8% | 142.0% |
|
726.168 $
270,00 ETH
|
0,026 ETH
69,66 $
|
3 | ||
| - |
|
RTFKT SKIN VIAL: EVO X
|
0,004 ETH
12,10 $
|
0.0% | 12.5% | 48.9% |
|
167.660 $
62,34 ETH
|
0,025 ETH
67,24 $
|
1 | ||
| - |
|
Warriors of Aradena
|
0,016 ETH
43,28 $
|
0.5% | 17.8% | 44.9% |
|
346.237 $
128,74 ETH
|
0,025 ETH
67,24 $
|
1 | ||
| - |
|
The Long Lost
|
0,006 ETH
17,48 $
|
60.8% | 10.9% | 31.4% |
|
174.791 $
64,99 ETH
|
0,025 ETH
66,66 $
|
4 | ||
| - |
|
Playbux Ultra
|
0,038 BNB
29,42 $
|
0.0% | 0.0% | 0.0% |
|
147.774 $
189,92 BNB
|
0,086 BNB
66,56 $
|
3 | ||
| - |
|
TCG Dragon Cave Club
|
0,024 ETH
64,28 $
|
8.7% | 0.0% | 25.3% |
|
642.794 $
239,00 ETH
|
0,024 ETH
65,62 $
|
1 | ||
| - |
|
RSIC METAPROTOCOL
|
0,0007 BTC
63,04 $
|
0.0% | 14.2% | 16.2% |
|
1.323.766 $
15,65 BTC
|
0,001 BTC
84,58 $
|
1 | ||
| - |
|
BEST BEFORE by Lemonhaze x ORDINALLY
|
0,0005 BTC
40,45 $
|
0.0% | 40.0% | 40.0% |
|
0,00 €
0 BTC
|
0,001 BTC
84,58 $
|
1 | ||
| - |
|
OCM Katoshi Classic by OnChainMonkey®
|
0,0007 BTC
62,58 $
|
0.0% | 1.3% | 2.6% |
|
0,00 €
0 BTC
|
0,001 BTC
84,58 $
|
1 | ||
| - |
|
0N1 FORCE: THE F4LL3N
|
0,0008 BTC
67,35 $
|
0.0% | 27.6% | 42.7% |
|
224.481 $
2,65 BTC
|
0,0008 BTC
67,33 $
|
1 | ||
| - |
|
Meatbags
|
0,27 SOL
32,90 $
|
30.2% | 52.3% | 68.7% |
|
330.405 $
2.690 SOL
|
0,51 SOL
62,58 $
|
2 | ||
| - |
|
FTW
|
0,0009 BTC
76,13 $
|
0.0% | 32.4% | 109.3% |
|
159.864 $
1,89 BTC
|
0,0010 BTC
81,20 $
|
1 | ||
| - |
|
Mimany
|
0,51 SOL
62,37 $
|
0.2% | 116.6% | 49.3% |
|
277.178 $
2.257 SOL
|
0,50 SOL
61,28 $
|
1 | ||
| - |
|
Gremlin Cartel
|
0,004 ETH
10,16 $
|
3.0% | 5.0% | 60.6% |
|
50.797 $
18,89 ETH
|
0,023 ETH
60,78 $
|
7 | ||
| - |
|
Adam Bomb Squad
|
0,020 ETH
53,79 $
|
66.7% | 25.0% | 33.3% |
|
1.344.756 $
500,00 ETH
|
0,022 ETH
59,98 $
|
2 | ||
| - |
|
The Rune Guardians - Miners
|
0,0001 BTC
5,92 $
|
75.0% | 250.0% | 180.0% |
|
59.209 $
0,70 BTC
|
0,0009 BTC
77,65 $
|
16 | ||
| - |
|
Yat
|
0,002 ETH
4,08 $
|
0.0% | 0.0% | 89.9% |
|
61.930 $
23,03 ETH
|
0,022 ETH
59,17 $
|
1 | ||
| - |
|
Ordinal SigmaX
|
0,0001 BTC
9,30 $
|
11.3% | 11.3% | 11.4% |
|
9,30 $
0,0001 BTC
|
0,0009 BTC
76,80 $
|
5 | ||
| - |
|
MidEvil
|
0,42 SOL
52,17 $
|
1.7% | 20.0% | 39.6% |
|
260.854 $
2.124 SOL
|
0,47 SOL
58,21 $
|
1 | ||
| - |
|
ABC
|
0,69 SOL
85,18 $
|
0.0% | 0.0% | 0.7% |
|
168.747 $
1.374 SOL
|
0,47 SOL
57,48 $
|
1 | ||
| - |
|
Galaxy Eggs
|
0,022 ETH
59,17 $
|
0.0% | 0.0% | 13.4% |
|
591.574 $
219,96 ETH
|
0,021 ETH
56,86 $
|
1 | ||
| - |
|
Bert
|
0,44 SOL
54,22 $
|
0.0% | 0.0% | 36.5% |
|
180.705 $
1.471 SOL
|
0,45 SOL
54,94 $
|
1 | ||
| - |
|
Ape Odyssey
|
0,0001 BTC
5,08 $
|
20.0% | 50.0% | 50.0% |
|
25.375 $
0,30 BTC
|
0,0008 BTC
71,73 $
|
17 | ||
| - |
|
The Weirdo Ghost Gang
|
0,010 ETH
26,90 $
|
0.0% | 11.7% | 11.1% |
|
149.429 $
55,56 ETH
|
0,020 ETH
53,79 $
|
2 | ||
| - |
|
Based Ghouls
|
0,010 ETH
26,62 $
|
9.4% | 9.4% | 9.4% |
|
177.446 $
65,98 ETH
|
0,020 ETH
53,70 $
|
2 | ||
| - |
|
UP NFT Collection
|
0,065 BNB
50,57 $
|
0.0% | 0.0% | 0.0% |
|
252.871 $
325,00 BNB
|
0,068 BNB
53,04 $
|
- | ||
| - |
|
This User... Banners
|
0,038 ETH
101,13 $
|
0.0% | 0.4% | 5.7% |
|
202.251 $
75,20 ETH
|
0,020 ETH
52,71 $
|
1 | ||
| - |
|
Script Kiddies
|
0,007 ETH
18,15 $
|
0.6% | 17.1% | 59.6% |
|
181.542 $
67,50 ETH
|
0,019 ETH
52,30 $
|
3 | ||
| - |
|
0N1 Force: The Fallen
|
0,0008 BTC
67,35 $
|
0.0% | 27.6% | 42.7% |
|
224.481 $
2,65 BTC
|
0,0008 BTC
67,33 $
|
1 | ||
| - |
|
Primates
|
0,41 SOL
49,94 $
|
0.0% | 5.2% | 6.6% |
|
499.206 $
4.065 SOL
|
0,41 SOL
49,98 $
|
1 | ||
| - |
|
Blucamon
|
10,00 BNB
7.780,65 $
|
0.0% | 0.0% | 0.0% |
|
173.072.847 $
222.440 BNB
|
0,064 BNB
49,68 $
|
4 | ||
| - |
|
Parallel
|
0,0001 ETH
0,172667 $
|
0.0% | 7.0% | 19.8% |
|
1.011.071 $
375,93 ETH
|
0,018 ETH
49,14 $
|
3 | ||
| - |
|
Adderrels
|
0,0010 BTC
83,74 $
|
0.0% | 2.1% | 29.8% |
|
0,00 €
0 BTC
|
0,0008 BTC
63,44 $
|
1 | ||
| - |
|
SHIBA ARMY by ShibaDoge
|
0,007 ETH
18,64 $
|
0.0% | 0.1% | 2.1% |
|
151.157 $
56,20 ETH
|
0,018 ETH
48,41 $
|
6 | ||
| - |
|
Psychedelics Anonymous Genesis
|
0,019 ETH
50,19 $
|
0.0% | 43.4% | 27.4% |
|
481.615 $
179,07 ETH
|
0,018 ETH
48,36 $
|
1 | ||
| - |
|
Mobox Avatar - Binance NFT
|
1,00 BNB
778,07 $
|
0.0% | 0.0% | 696.1% |
|
39.947.429 $
51.342 BNB
|
0,062 BNB
48,15 $
|
4 | ||
| - |
|
Kups by Raposa
|
0,22 SOL
27,18 $
|
7.0% | 9.0% | 33.9% |
|
265.135 $
2.159 SOL
|
0,39 SOL
47,49 $
|
2 | ||
| - |
|
Insurgence by Debauchery
|
0,0001 BTC
11,00 $
|
0.0% | 0.0% | 13.3% |
|
0,00 €
0 BTC
|
0,0007 BTC
60,90 $
|
6 | ||
| - |
|
NODES
|
0,008 ETH
22,76 $
|
19.7% | 19.8% | 79.4% |
|
75.865 $
28,21 ETH
|
0,017 ETH
46,16 $
|
2 | ||
| - |
|
SPACE ID Badges
|
0,020 BNB
15,56 $
|
0.0% | 0.0% | 25.0% |
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618.220 $
794,56 BNB
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0,059 BNB
46,01 $
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5 | ||
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FloraForms by Harto X Belvedere
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0,0007 BTC
59,21 $
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0.0% | 11.4% | 7.8% |
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592.090 $
7,00 BTC
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0,0007 BTC
59,21 $
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1 | ||
| - |
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Apostles of Greed 🟠
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0,0007 BTC
59,21 $
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0.0% | 0.0% | 75.0% |
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163.891 $
1,94 BTC
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0,0007 BTC
59,21 $
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1 | ||
| - |
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Runelings
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0,0003 BTC
29,60 $
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0.0% | 2.8% | 10.3% |
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0,00 €
0 BTC
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0,0007 BTC
59,19 $
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2 | ||
| - |
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g00bs
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0,10 SOL
12,29 $
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118.7% | 271.5% | 271.5% |
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40.578 $
330,41 SOL
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0,35 SOL
43,45 $
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5 | ||
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The Sad Times NFT
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0,014 ETH
37,79 $
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100.7% | 0.0% | 47.9% |
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125.946 $
46,83 ETH
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0,016 ETH
43,24 $
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2 | ||
| - |
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Parallel Aftermath
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0,0000 ETH
0,02689244 $
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0.0% | 0.0% | 41.2% |
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53.746 $
19,98 ETH
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0,016 ETH
43,22 $
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25 | ||
| - |
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VTOPIANS
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0,11 SOL
13,58 $
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35.4% | 101.2% | 5.5% |
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105.621 $
860,02 SOL
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0,34 SOL
42,36 $
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3 | ||
| - |
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Bitcoin Weirdos
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0,0006 BTC
54,97 $
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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
54,97 $
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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
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.