Parhaat NFT-kokoelmien hinnat 24t volyymin mukaan
# | NFT | Pohjahinta | 24t % | Viimeiset 7 päivää | Markkina-arvo | 24 tunnin volyymi | 24t Myynnit | 24t omistajat | |||
---|---|---|---|---|---|---|---|---|---|---|---|
1 |
Bored Ape Yacht Club
Ethereum
|
Osta
|
15,96 ETH
49 807 $
|
7.5% |
159 548 ETH
497 969 147 $
|
1 667 ETH
5 203 095 $
|
99 | 0.1% | |||
2 |
Mutant Ape Yacht Club
Ethereum
|
Osta
|
3,20 ETH
10 000,08 $
|
11.1% |
62 456 ETH
194 931 504 $
|
899,59 ETH
2 807 744 $
|
280 | 0.2% | |||
3 |
Pudgy Penguins
Ethereum
|
12,00 ETH
37 453 $
|
8.7% |
106 656 ETH
332 886 463 $
|
706,31 ETH
2 204 486 $
|
58 | 0.0% | ||||
4 |
Azuki
Ethereum
|
Osta
|
4,54 ETH
14 163,65 $
|
0.7% |
45 380 ETH
141 636 548 $
|
242,86 ETH
757 981 $
|
53 | 0.0% | |||
5 |
DeGods
Ethereum
|
Osta
|
1,78 ETH
5 547,36 $
|
2.3% |
15 984 ETH
49 870 795 $
|
200,53 ETH
625 649 $
|
107 | 0.1% | |||
6 |
Milady Maker
Ethereum
|
Osta
|
4,89 ETH
15 262,29 $
|
3.7% |
48 792 ETH
152 287 130 $
|
173,87 ETH
542 671 $
|
36 | 0.2% | |||
7 |
Lil Pudgys
Ethereum
|
0,97 ETH
3 039,97 $
|
4.9% |
21 090 ETH
65 824 546 $
|
152,94 ETH
477 352 $
|
151 | 0.0% | ||||
8 |
Captainz
Ethereum
|
3,27 ETH
10 190,47 $
|
1.4% |
32 647 ETH
101 894 466 $
|
148,62 ETH
463 873 $
|
46 | 0.1% | ||||
9 |
Prometheans
Bitcoin
|
0,080 BTC
5 032,37 $
|
8.6% |
1 678 BTC
105 679 851 $
|
6,52 BTC
410 778 $
|
80 | 0.6% | ||||
10 |
Bitcoin Puppets
Bitcoin
|
0,27 BTC
17 193,84 $
|
16.8% |
2 730 BTC
171 955 585 $
|
6,38 BTC
401 798 $
|
21 | 0.2% | ||||
11 |
Lasogette
Ethereum
|
0,54 ETH
1 700,09 $
|
18.2% |
4 219 ETH
13 163 789 $
|
121,45 ETH
378 915 $
|
217 | 0.5% | ||||
12 |
Redacted Remilio Babies
Ethereum
|
1,66 ETH
5 181,06 $
|
3.5% |
16 597 ETH
51 800 275 $
|
112,02 ETH
349 639 $
|
68 | 0.3% | ||||
13 |
CryptoPunks
Ethereum
|
Osta
|
38,97 ETH
121 630 $
|
0.0% |
389 466 ETH
1 215 571 737 $
|
106,98 ETH
333 898 $
|
2 | 0.0% | |||
14 |
Mad Lads
Solana
|
89,95 SOL
12 262,79 $
|
0.0% |
896 442 SOL
122 211 006 $
|
1 817 SOL
247 655 $
|
18 | 0.2% | ||||
15 |
RSIC METAPROTOCOL
Bitcoin
|
0,039 BTC
2 455,15 $
|
5.7% |
819,00 BTC
51 558 078 $
|
3,89 BTC
244 696 $
|
80 | 0.2% | ||||
16 |
Moonbirds
Ethereum
|
0,63 ETH
1 981,85 $
|
0.4% |
6 350 ETH
19 818 505 $
|
76,25 ETH
237 983 $
|
118 | 0.1% | ||||
17 |
Forked Nouns
Ethereum
|
36,75 ETH
114 660 $
|
0.7% |
17 346 ETH
54 119 551 $
|
71,00 ETH
221 520 $
|
2 | 0.0% | ||||
18 |
NodeMonkes
Bitcoin
|
0,35 BTC
22 029 $
|
10.0% |
3 500 BTC
220 285 878 $
|
3,46 BTC
217 868 $
|
9 | 0.6% | ||||
19 |
Doodles
Ethereum
|
1,56 ETH
4 864,08 $
|
3.3% |
15 587 ETH
48 631 100 $
|
69,34 ETH
216 330 $
|
44 | 0.1% | ||||
20 |
Bored Ape Kennel Club
Ethereum
|
0,64 ETH
1 991,12 $
|
13.2% |
6 126 ETH
19 118 736 $
|
69,27 ETH
216 208 $
|
104 | 0.2% | ||||
21 |
Froganas
Solana
|
2,11 SOL
287,67 $
|
6.7% |
11 721 SOL
1 597 995 $
|
1 558 SOL
212 446 $
|
683 | 0.9% | ||||
22 |
rektguy
Ethereum
|
0,41 ETH
1 273,39 $
|
9.1% |
3 596 ETH
11 223 632 $
|
65,63 ETH
204 824 $
|
156 | 0.5% | ||||
23 |
Clone X
Ethereum
|
0,57 ETH
1 791,21 $
|
2.7% |
11 245 ETH
35 097 014 $
|
61,80 ETH
192 900 $
|
105 | 0.1% | ||||
24 |
WHAT THE FFFF
Ethereum
|
0,011 ETH
34,34 $
|
0.0% |
11,00 ETH
34 341 $
|
59,34 ETH
185 244 $
|
- | 0.0% | ||||
25 |
Rune Pups
Bitcoin
|
0,069 BTC
4 334,72 $
|
22.4% |
742,28 BTC
46 719 619 $
|
2,83 BTC
178 309 $
|
35 | 0.2% | ||||
26 |
Mocaverse
Ethereum
|
3,80 ETH
11 850,90 $
|
7.4% |
33 748 ETH
105 330 825 $
|
52,41 ETH
163 569 $
|
14 | 0.1% | ||||
27 |
BEEPLE - GENESIS COLLECTION
Ethereum
|
79,00 ETH
246 569 $
|
73.4% |
8 058 ETH
25 150 007 $
|
50,00 ETH
156 056 $
|
1 | 0.0% | ||||
28 |
Azuki Elementals
Ethereum
|
0,41 ETH
1 285,90 $
|
6.8% |
6 499 ETH
20 283 827 $
|
46,95 ETH
146 552 $
|
109 | 0.1% | ||||
29 |
L3E7 Worlds
Ethereum
|
5,98 ETH
18 661,19 $
|
5.1% |
3 587 ETH
11 196 715 $
|
44,72 ETH
139 576 $
|
8 | 0.3% | ||||
30 |
My Pet Hooligan
Ethereum
|
0,49 ETH
1 516,87 $
|
1.8% |
4 320 ETH
13 481 902 $
|
44,39 ETH
138 559 $
|
73 | 0.1% | ||||
31 |
Runestone
Bitcoin
|
0,024 BTC
1 510,86 $
|
19.5% |
2 698 BTC
169 820 600 $
|
2,06 BTC
129 625 $
|
80 | 0.1% | ||||
32 |
Quantum Cats
Bitcoin
|
0,40 BTC
25 176 $
|
0.5% |
1 333 BTC
83 912 438 $
|
2,02 BTC
126 951 $
|
5 | 1.2% | ||||
33 |
INK
Bitcoin
|
0,019 BTC
1 165,19 $
|
3.8% |
185,00 BTC
11 651 930 $
|
1,93 BTC
121 690 $
|
80 | 0.6% | ||||
34 |
Ordinal Maxi Biz (OMB)
Bitcoin
|
0,42 BTC
26 490 $
|
0.0% |
883,24 BTC
55 629 398 $
|
1,84 BTC
116 113 $
|
4 | 0.0% | ||||
35 |
CyberKongz (Babies)
Ethereum
|
0,98 ETH
3 052,46 $
|
0.2% |
3 912 ETH
12 209 832 $
|
36,43 ETH
113 697 $
|
42 | 0.1% | ||||
36 |
Bit Bears by Berachain
Ethereum
|
4,29 ETH
13 398,98 $
|
2.7% |
9 784 ETH
30 536 275 $
|
33,00 ETH
102 994 $
|
8 | 0.1% | ||||
37 |
Kanpai Pandas
Ethereum
|
1,71 ETH
5 349,29 $
|
1.4% |
13 648 ETH
42 596 359 $
|
32,70 ETH
102 047 $
|
20 | 0.0% | ||||
38 |
mfers
Ethereum
|
0,47 ETH
1 454,44 $
|
9.1% |
4 669 ETH
14 572 066 $
|
31,21 ETH
97 424 $
|
68 | 0.0% | ||||
39 |
Terraforms by Mathcastles
Ethereum
|
0,98 ETH
3 058,70 $
|
6.7% |
9 713 ETH
30 314 747 $
|
30,55 ETH
95 337 $
|
30 | 0.4% | ||||
40 |
MATR1X KUKU
Ethereum
|
1,66 ETH
5 179,53 $
|
12.5% |
11 066 ETH
34 526 719 $
|
29,83 ETH
93 063 $
|
19 | 0.4% | ||||
41 |
TOPIA Worlds
Ethereum
|
0,94 ETH
2 927,61 $
|
29.8% |
9 379 ETH
29 273 203 $
|
29,09 ETH
90 779 $
|
28 | 0.9% | ||||
42 |
Pixelmon
Ethereum
|
1,60 ETH
4 993,80 $
|
2.6% |
20 106 ETH
62 752 045 $
|
25,39 ETH
79 249 $
|
12 | 0.1% | ||||
43 |
Otherdeed for Otherside
Ethereum
|
0,20 ETH
632,03 $
|
2.4% |
9 562 ETH
29 844 963 $
|
25,19 ETH
78 621 $
|
75 | 0.0% | ||||
44 |
Solana Monkey Business
Solana
|
36,94 SOL
5 035,86 $
|
0.1% |
184 436 SOL
25 144 035 $
|
566,44 SOL
77 223 $
|
15 | 0.0% | ||||
45 |
sharx by sharky.fi
Solana
|
3,22 SOL
438,86 $
|
6.6% |
32 539 SOL
4 436 032 $
|
559,51 SOL
76 278 $
|
175 | 1.2% | ||||
46 |
PX Quest
Ethereum
|
0,74 ETH
2 308,07 $
|
2.9% |
5 546 ETH
17 310 527 $
|
24,22 ETH
75 579 $
|
36 | 0.2% | ||||
47 |
Overworld Incarna
Ethereum
|
1,33 ETH
4 151,09 $
|
3.6% |
7 980 ETH
24 906 559 $
|
23,73 ETH
74 069 $
|
18 | 0.1% | ||||
48 |
Chromie Squiggle by Snowfro
Ethereum
|
5,50 ETH
17 166,17 $
|
0.0% |
54 967 ETH
171 558 752 $
|
21,87 ETH
68 262 $
|
3 | 0.0% | ||||
49 |
PXQuest Adventurer
Ethereum
|
0,72 ETH
2 240,97 $
|
3.3% |
5 385 ETH
16 807 246 $
|
21,61 ETH
67 432 $
|
32 | 0.2% | ||||
50 |
Persona
Ethereum
|
0,24 ETH
733,46 $
|
10.6% |
2 086 ETH
6 509 492 $
|
21,54 ETH
67 227 $
|
88 | 0.5% | ||||
51 |
RΞMNANTS
Ethereum
|
7,50 ETH
23 408 $
|
25.2% |
1 875 ETH
5 852 105 $
|
21,50 ETH
67 104 $
|
2 | 0.0% | ||||
52 |
CryptoDickbutts
Ethereum
|
0,39 ETH
1 232,84 $
|
6.8% |
2 053 ETH
6 408 320 $
|
20,44 ETH
63 782 $
|
47 | 0.2% | ||||
53 |
BEEPLE - SPRING/SUMMER COLLECTION 2021
Ethereum
|
10,50 ETH
32 772 $
|
16.7% |
5 365 ETH
16 746 382 $
|
20,00 ETH
62 422 $
|
1 | 0.0% | ||||
54 |
Claynosaurz
Solana
|
13,93 SOL
1 899,19 $
|
3.2% |
139 310 SOL
18 991 926 $
|
447,14 SOL
60 958 $
|
24 | 0.3% | ||||
55 |
Honey Comb
Ethereum
|
0,30 ETH
936,34 $
|
13.4% |
4 926 ETH
15 374 650 $
|
19,45 ETH
60 710 $
|
65 | 0.2% | ||||
56 |
Flokitars
Ethereum
|
0,033 ETH
102,72 $
|
0.0% |
328,93 ETH
1 027 198 $
|
19,38 ETH
60 533 $
|
15 | 0.0% | ||||
57 |
Pizza Ninjas
Bitcoin
|
0,15 BTC
9 417,69 $
|
7.7% |
224,40 BTC
14 126 535 $
|
0,91 BTC
57 343 $
|
6 | 0.5% | ||||
58 |
Honey Badgers
Bitcoin
|
0,024 BTC
1 510,86 $
|
10.6% |
240,00 BTC
15 108 594 $
|
0,88 BTC
55 322 $
|
33 | 0.3% | ||||
59 |
SchizoPosters
Ethereum
|
0,47 ETH
1 466,61 $
|
13.0% |
2 610 ETH
8 145 565 $
|
17,59 ETH
54 902 $
|
36 | 0.5% | ||||
60 |
Apostles of Greed 🟠
Bitcoin
|
0,017 BTC
1 063,70 $
|
20.8% |
46,78 BTC
2 944 312 $
|
0,83 BTC
52 110 $
|
38 | 0.7% | ||||
61 |
Rune Doors
Bitcoin
|
0,009 BTC
585,46 $
|
27.6% |
93,00 BTC
5 854 580 $
|
0,79 BTC
49 497 $
|
80 | 0.5% | ||||
62 |
Skyborne - NexianGems
Ethereum
|
0,95 ETH
2 955,70 $
|
4.9% |
3 156 ETH
9 851 359 $
|
15,84 ETH
49 439 $
|
17 | 0.4% | ||||
63 |
Bitcoin Punks
Bitcoin
|
0,030 BTC
1 875,65 $
|
25.2% |
297,80 BTC
18 756 457 $
|
0,76 BTC
47 927 $
|
28 | 0.0% | ||||
64 |
MAX PAIN AND FRENS BY XCOPY
Ethereum
|
0,60 ETH
1 872,67 $
|
0.2% |
4 181 ETH
13 050 662 $
|
14,97 ETH
46 714 $
|
8 | 0.0% | ||||
65 |
Meebits
Ethereum
|
0,62 ETH
1 928,85 $
|
1.7% |
12 359 ETH
38 575 148 $
|
14,96 ETH
46 688 $
|
23 | 0.0% | ||||
66 |
Pixels - Farm Land
Ethereum
|
1,61 ETH
5 025,01 $
|
3.0% |
8 050 ETH
25 125 027 $
|
14,52 ETH
45 329 $
|
8 | 0.1% | ||||
67 |
Sproto Gremlins
Ethereum
|
0,34 ETH
1 067,11 $
|
8.8% |
1 139 ETH
3 553 482 $
|
13,41 ETH
41 843 $
|
40 | 0.4% | ||||
68 |
OSF
Ethereum
|
3,49 ETH
10 890,55 $
|
0.0% |
732,54 ETH
2 287 015 $
|
13,34 ETH
41 647 $
|
4 | 0.6% | ||||
69 |
Nobody
Ethereum
|
0,15 ETH
483,62 $
|
4.8% |
1 550 ETH
4 836 180 $
|
13,03 ETH
40 666 $
|
83 | 0.0% | ||||
70 |
Candy Collective: Genesis Collection
Ethereum
|
0,56 ETH
1 733,26 $
|
2.2% |
1 111 ETH
3 466 526 $
|
12,85 ETH
40 108 $
|
29 | 0.4% | ||||
71 |
FLUF World
Ethereum
|
0,50 ETH
1 559,79 $
|
5.3% |
4 999 ETH
15 597 861 $
|
12,85 ETH
40 091 $
|
15 | 0.2% | ||||
72 |
Muraqqa
Ethereum
|
4,50 ETH
14 047,72 $
|
12.8% |
499,50 ETH
1 559 297 $
|
12,79 ETH
39 927 $
|
4 | 3.8% | ||||
73 |
Pudgy Rods
Ethereum
|
0,22 ETH
685,78 $
|
2.2% |
1 625 ETH
5 071 316 $
|
12,66 ETH
39 484 $
|
55 | 0.0% | ||||
74 |
BEANZ Official
Ethereum
|
0,24 ETH
736,58 $
|
4.4% |
4 708 ETH
14 694 870 $
|
12,33 ETH
38 481 $
|
49 | 0.0% | ||||
75 |
The Wizards of Ord
Bitcoin
|
0,028 BTC
1 763,54 $
|
12.0% |
93,32 BTC
5 877 863 $
|
0,61 BTC
38 475 $
|
22 | 0.2% | ||||
76 |
Rug Radio - Genesis NFT
Ethereum
|
0,095 ETH
294,95 $
|
15.5% |
1 890 ETH
5 898 919 $
|
11,75 ETH
36 673 $
|
120 | 0.4% | ||||
77 |
TODAY - Ancient Seed
Ethereum
|
1,43 ETH
4 460,08 $
|
10.0% |
1 110 ETH
3 465 486 $
|
11,23 ETH
35 044 $
|
7 | 6.5% | ||||
78 |
Ape Odyssey
Bitcoin
|
0,009 BTC
560,28 $
|
9.9% |
44,50 BTC
2 801 385 $
|
0,55 BTC
34 887 $
|
63 | 0.0% | ||||
79 |
Mittaria Genesis
Ethereum
|
0,15 ETH
476,75 $
|
17.9% |
338,86 ETH
1 059 346 $
|
10,87 ETH
33 988 $
|
72 | 0.2% | ||||
80 |
Blond
Ethereum
|
2,67 ETH
8 337,15 $
|
3.5% |
42,72 ETH
133 394 $
|
10,47 ETH
32 693 $
|
4 | 0.0% | ||||
81 |
CEDEN Keystone NFT Nodes
Ethereum
|
0,12 ETH
371,07 $
|
30.3% |
1 189 ETH
3 710 703 $
|
10,47 ETH
32 675 $
|
87 | 1.8% | ||||
82 |
Sappy Seals
Ethereum
|
0,73 ETH
2 265,62 $
|
2.8% |
7 257 ETH
22 649 433 $
|
10,43 ETH
32 558 $
|
15 | 0.3% | ||||
83 |
Cool Cats
Ethereum
|
0,48 ETH
1 498,14 $
|
1.6% |
4 785 ETH
14 933 417 $
|
9,65 ETH
30 134 $
|
19 | 0.0% | ||||
84 |
Wassies by Wassies
Ethereum
|
0,63 ETH
1 966,31 $
|
18.9% |
6 076 ETH
18 963 068 $
|
9,42 ETH
29 398 $
|
17 | 0.1% | ||||
85 |
DogePunks
Bitcoin
|
0,005 BTC
324,21 $
|
119.5% |
51,50 BTC
3 242 053 $
|
0,45 BTC
28 216 $
|
80 | 1.7% | ||||
86 |
Murakami.Flowers Official
Ethereum
|
0,21 ETH
664,80 $
|
3.1% |
2 163 ETH
6 749 706 $
|
8,85 ETH
27 614 $
|
39 | 0.0% | ||||
87 |
Ultiverse - Electric Sheep
Ethereum
|
1,46 ETH
4 564,02 $
|
0.0% |
10 236 ETH
31 948 124 $
|
8,66 ETH
27 039 $
|
6 | 0.3% | ||||
88 |
Tiny Vikings
Bitcoin
|
0,005 BTC
296,02 $
|
6.0% |
94,00 BTC
5 920 440 $
|
0,41 BTC
26 007 $
|
80 | 0.2% | ||||
89 |
The Memes by 6529
Ethereum
|
0,029 ETH
89,46 $
|
0.1% |
5,13 ETH
16 013,81 $
|
8,25 ETH
25 755 $
|
69 | 0.2% | ||||
90 |
Primera by Mitchell and Yun
Ethereum
|
1,91 ETH
5 970,27 $
|
73.6% |
764,00 ETH
2 388 107 $
|
8,17 ETH
25 538 $
|
7 | 2.4% | ||||
91 |
Solcasino.io
Solana
|
16,85 SOL
2 296,40 $
|
6.2% |
84 229 SOL
11 482 019 $
|
183,78 SOL
25 052 $
|
11 | 4.1% | ||||
92 |
Natcats
Bitcoin
|
0,032 BTC
2 001,89 $
|
11.4% |
256,44 BTC
16 143 231 $
|
0,40 BTC
24 949 $
|
11 | 0.3% | ||||
93 |
Sam Spratt - LUCI: Chapter 5 - The Monument Game
Ethereum
|
Osta
|
9,97 ETH
31 114 $
|
16.6% |
2 552 ETH
7 965 305 $
|
7,97 ETH
24 872 $
|
1 | 0.7% | |||
94 |
Pixelmon Trainers - Generation 1
Ethereum
|
0,33 ETH
1 029,29 $
|
5.4% |
2 309 ETH
7 205 020 $
|
7,73 ETH
24 114 $
|
18 | 0.2% | ||||
95 |
Nouns
Ethereum
|
Osta
|
10,05 ETH
31 356 $
|
30.5% |
10 995 ETH
34 303 484 $
|
7,70 ETH
24 024 $
|
1 | 0.4% | |||
96 |
World of Women
Ethereum
|
0,49 ETH
1 544,95 $
|
1.0% |
4 950 ETH
15 449 526 $
|
7,44 ETH
23 219 $
|
16 | 0.1% | ||||
97 |
Bridgeworld Consumables
Arbitrum One
|
0,0001 ETH
0,308738 $
|
0.0% |
0,002 ETH
6,17 $
|
7,43 ETH
23 181 $
|
2 342 | 0.2% | ||||
98 |
The Potatoz
Ethereum
|
1,90 ETH
5 920,77 $
|
2.4% |
18 968 ETH
59 201 777 $
|
7,36 ETH
22 965 $
|
4 | 0.1% | ||||
99 |
Alpha Gate
Ethereum
|
1,88 ETH
5 867,71 $
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6.0% |
968,20 ETH
3 021 871 $
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7,13 ETH
22 254 $
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4 | 2.3% | ||||
100 |
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Solana
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1,43 SOL
195,79 $
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22.6% |
14 348 SOL
1 957 706 $
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160,44 SOL
21 891 $
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59 | 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 NFT-data API.
How to Calculate NFT Floor Prices?
NFT floor price is the lowest price an individual is willing to sell an NFT for. Alternatively, the NFT floor price can also be the lowest amount of ETH a person is able to spend to own an NFT or become a member of an NFT project. NFT floor price is often determined and set by the owner of the NFT. The seller can decide to choose a floor price that is less than that of other similar NFTs within the NFT project. Knowing how to calculate the floor price of an NFT will save you the trouble of making a bad investment. In most cases, NFT investors use the floor price to determine the rarity of an NFT and find out if the NFT project has the chance of appreciating in value. The major determinant of the value of NFT floor price is the demand. If the NFT is in high demand, the seller will not want to sell it at a price lower than the value of other NFTs in the project. But if the reverse is the case and the demand for the NFT is low, the seller will most likely pick a low floor price in order to sell out the NFT quickly before it freezes out. As stated above, the floor price of an NFT is determined by the demand for the NFT. Below are factors that can affect the demand for an NFT and ultimately affect the floor price of NFTs: - The utility of the NFT - The uniqueness of the product - Creator's popularity - The product appeal to a wide range of buyers - The diversity of the NFT creators
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.