Parhaat NFT-kokoelmien hinnat 24t volyymin mukaan
# | NFT | Pohjahinta | 24t % | Viimeiset 7 päivää | Markkina-arvo | 24 tunnin volyymi | 24t Myynnit | 24t omistajat | |||
---|---|---|---|---|---|---|---|---|---|---|---|
101 |
The Grapes
Ethereum
|
0,19 ETH
570,50 $
|
7.3% |
648,27 ETH
1 901 472 $
|
5,20 ETH
15 266,78 $
|
28 | 0.7% | ||||
102 |
BEEPLE - SPRING/SUMMER COLLECTION 2021
Ethereum
|
5,99 ETH
17 557,21 $
|
14.4% |
3 061 ETH
8 971 736 $
|
5,17 ETH
15 153,72 $
|
1 | 0.0% | ||||
103 |
Yogapetz
Ethereum
|
0,44 ETH
1 287,16 $
|
7.3% |
4 440 ETH
12 993 913 $
|
4,97 ETH
14 541,90 $
|
13 | 0.1% | ||||
104 |
Parallel Avatars
Ethereum
|
0,74 ETH
2 168,11 $
|
19.5% |
8 138 ETH
23 851 409 $
|
4,96 ETH
14 525,37 $
|
8 | 0.1% | ||||
105 |
Opepen Edition
Ethereum
|
0,15 ETH
424,37 $
|
3.2% |
2 320 ETH
6 789 904 $
|
4,83 ETH
14 135,29 $
|
24 | 0.3% | ||||
106 |
Claynosaurz
Solana
|
13,86 SOL
2 007,59 $
|
1.0% |
138 589 SOL
20 075 872 $
|
92,55 SOL
13 406,12 $
|
6 | 0.1% | ||||
107 |
sharx by sharky.fi
Solana
|
2,07 SOL
300,45 $
|
6.6% |
20 954 SOL
3 036 928 $
|
91,68 SOL
13 287,96 $
|
44 | 0.2% | ||||
108 |
PXQuest Adventurer
Ethereum
|
0,64 ETH
1 858,46 $
|
8.5% |
4 763 ETH
13 938 415 $
|
4,44 ETH
13 004,79 $
|
7 | 0.2% | ||||
109 |
alignDRAW
Ethereum
|
2,10 ETH
6 155,09 $
|
3.7% |
5 689 ETH
16 674 138 $
|
4,43 ETH
12 993,10 $
|
2 | 0.2% | ||||
110 |
Bit Bears by Berachain
Ethereum
|
4,59 ETH
13 458,63 $
|
9.8% |
10 461 ETH
30 672 221 $
|
4,40 ETH
12 901,52 $
|
1 | 0.0% | ||||
111 |
ChronoForge Support Airships
Ethereum
|
0,51 ETH
1 495,11 $
|
27.5% |
1 275 ETH
3 737 776 $
|
4,37 ETH
12 799,60 $
|
11 | 1.2% | ||||
112 |
Founders’ collection Citizen Zero
Ethereum
|
0,095 ETH
277,00 $
|
16.1% |
210,62 ETH
615 499 $
|
4,13 ETH
12 061,69 $
|
43 | 0.7% | ||||
113 |
Age of Dino - Dinosty
Ethereum
|
0,43 ETH
1 259,49 $
|
4.8% |
2 150 ETH
6 302 479 $
|
4,11 ETH
12 046,47 $
|
10 | 1.6% | ||||
114 |
INK
Bitcoin
|
0,010 BTC
614,15 $
|
7.2% |
100,00 BTC
6 141 520 $
|
0,20 BTC
12 024,49 $
|
15 | 0.1% | ||||
115 |
Ninja Squad Official
Ethereum
|
0,16 ETH
467,68 $
|
2.6% |
1 420 ETH
4 156 307 $
|
4,02 ETH
11 776,09 $
|
12 | 0.0% | ||||
116 |
Checks - VV Edition
Ethereum
|
0,26 ETH
762,06 $
|
2.6% |
1 399 ETH
4 099 876 $
|
4,00 ETH
11 723,98 $
|
16 | 0.1% | ||||
117 |
HV-MTL
Ethereum
|
0,14 ETH
406,81 $
|
92.0% |
3 943 ETH
11 539 541 $
|
3,94 ETH
11 520,97 $
|
36 | 0.4% | ||||
118 |
Tensorians
Solana
|
13,82 SOL
1 994,46 $
|
7.7% |
122 556 SOL
17 686 855 $
|
79,45 SOL
11 465,94 $
|
6 | 0.1% | ||||
119 |
The Plooshies
Ethereum
|
0,17 ETH
492,71 $
|
22.4% |
559,94 ETH
1 642 214 $
|
3,76 ETH
11 026,51 $
|
19 | 0.3% | ||||
120 |
PX Quest
Ethereum
|
0,64 ETH
1 861,24 $
|
8.4% |
4 763 ETH
13 959 304 $
|
3,75 ETH
10 990,11 $
|
6 | 0.2% | ||||
121 |
Probably Nothing Genesis
Ethereum
|
0,028 ETH
81,48 $
|
40.4% |
213,34 ETH
625 290 $
|
3,64 ETH
10 663,25 $
|
99 | 0.2% | ||||
122 |
Monkey Baby Business
Solana
|
7,38 SOL
1 065,62 $
|
8.6% |
22 152 SOL
3 196 856 $
|
73,14 SOL
10 554,75 $
|
10 | 0.3% | ||||
123 |
Meebits
Ethereum
|
0,64 ETH
1 872,91 $
|
0.6% |
12 779 ETH
37 456 245 $
|
3,56 ETH
10 434,34 $
|
6 | 0.0% | ||||
124 |
ARCStellars
Ethereum
|
5,69 ETH
16 652,82 $
|
64.0% |
4 871 ETH
14 254 818 $
|
3,47 ETH
10 152,66 $
|
1 | 0.0% | ||||
125 |
Chimpers
Ethereum
|
0,33 ETH
965,81 $
|
9.6% |
1 833 ETH
5 365 082 $
|
3,45 ETH
10 089,22 $
|
10 | 0.1% | ||||
126 |
Honey Badgers
Bitcoin
|
0,015 BTC
951,46 $
|
3.1% |
154,90 BTC
9 514 588 $
|
0,16 BTC
10 059,97 $
|
10 | 0.0% | ||||
127 |
Winds of Yawanawa by Yawanawa and Refik Anadol
Ethereum
|
4,09 ETH
11 962,76 $
|
0.0% |
4 087 ETH
11 962 755 $
|
3,41 ETH
9 981,16 $
|
1 | 0.0% | ||||
128 |
Project AEON
Ethereum
|
0,100 ETH
293,17 $
|
0.0% |
332,93 ETH
977 144 $
|
3,39 ETH
9 949,59 $
|
2 | 0.1% | ||||
129 |
Prime Navigator
Ethereum
|
0,82 ETH
2 400,16 $
|
5.4% |
2 506 ETH
7 334 897 $
|
3,36 ETH
9 831,89 $
|
4 | 0.0% | ||||
130 |
Bitcoin Wizards
Bitcoin
|
0,16 BTC
9 754,62 $
|
3.4% |
212,74 BTC
13 051 681 $
|
0,16 BTC
9 754,62 $
|
1 | 0.0% | ||||
131 |
Wild Forest Lords
Ronin
|
495,00 RON
1 286,01 $
|
1.0% |
1 485 000 RON
3 858 041 $
|
3 485 RON
9 054,05 $
|
0 | 0.2% | ||||
132 |
Bitcoin Burials
Bitcoin
|
0,004 BTC
215,88 $
|
15.8% |
36,40 BTC
2 158 837 $
|
0,15 BTC
8 981,83 $
|
40 | 2.6% | ||||
133 |
Hape Prime
Ethereum
|
0,20 ETH
582,41 $
|
0.4% |
1 630 ETH
4 771 101 $
|
3,06 ETH
8 952,42 $
|
16 | 0.0% | ||||
134 |
OogaVerse
Ethereum
|
0,020 ETH
58,33 $
|
13.1% |
157,65 ETH
462 079 $
|
3,04 ETH
8 924,07 $
|
116 | 0.8% | ||||
135 |
Alpha Gate
Ethereum
|
3,50 ETH
10 258,48 $
|
21.2% |
1 803 ETH
5 283 119 $
|
3,00 ETH
8 792,99 $
|
1 | 0.2% | ||||
136 |
Rarible
Ethereum
|
0,0000 ETH
0,00292728 $
|
0.0% |
0,32 ETH
941,50 $
|
3,00 ETH
8 782,93 $
|
7 | 0.0% | ||||
137 |
Mocaverse Lucky Neko
Ethereum
|
0,38 ETH
1 110,57 $
|
4.8% |
483,74 ETH
1 413 752 $
|
2,98 ETH
8 708,89 $
|
8 | 0.5% | ||||
138 |
Common Wealth Genesis NFT Series 1
Ethereum
|
0,99 ETH
2 899,13 $
|
13.9% |
0 ETH
0,00 €
|
2,97 ETH
8 697,40 $
|
3 | 96.5% | ||||
139 |
DAMAGE CONTROL
Ethereum
|
0,60 ETH
1 752,73 $
|
0.3% |
0 ETH
0,00 €
|
2,91 ETH
8 514,51 $
|
4 | 0.0% | ||||
140 |
FLUF World
Ethereum
|
0,52 ETH
1 526,27 $
|
1.6% |
5 215 ETH
15 262 747 $
|
2,84 ETH
8 326,32 $
|
4 | 0.1% | ||||
141 |
InfiniGods
Ethereum
|
0,13 ETH
377,87 $
|
14.2% |
444,79 ETH
1 302 907 $
|
2,81 ETH
8 242,32 $
|
26 | 0.0% | ||||
142 |
TG.Casino High Roller
Ethereum
|
1,00 ETH
2 924,95 $
|
16.2% |
0 ETH
0,00 €
|
2,77 ETH
8 112,94 $
|
3 | 0.0% | ||||
143 |
Kaiju Kingz
Ethereum
|
0,16 ETH
465,35 $
|
6.0% |
1 590 ETH
4 652 990 $
|
2,75 ETH
8 039,08 $
|
14 | 0.2% | ||||
144 |
Kekspace: Coal Pepe
Ethereum
|
0,60 ETH
1 764,85 $
|
17.6% |
0 ETH
0,00 €
|
2,72 ETH
7 991,65 $
|
5 | 0.1% | ||||
145 |
Sugartown Oras
Ethereum
|
0,15 ETH
447,69 $
|
1.3% |
1 014 ETH
2 966 874 $
|
2,71 ETH
7 928,26 $
|
18 | 0.0% | ||||
146 |
Terraforms by Mathcastles
Ethereum
|
0,98 ETH
2 862,27 $
|
17.8% |
9 693 ETH
28 367 922 $
|
2,66 ETH
7 792,88 $
|
3 | 0.1% | ||||
147 |
Bad Kids
Stargaze
|
125 000 STARS
2 460,44 $
|
7.4% |
1 249 500 000 STARS
24 594 591 $
|
379 853 STARS
7 476,85 $
|
3 | 0.0% | ||||
148 |
MoonCats - Acclimated
Ethereum
|
0,15 ETH
436,81 $
|
0.1% |
2 967 ETH
8 699 509 $
|
2,55 ETH
7 470,32 $
|
15 | 0.1% | ||||
149 |
rektguy
Ethereum
|
0,37 ETH
1 073,90 $
|
0.0% |
3 234 ETH
9 465 355 $
|
2,51 ETH
7 343,31 $
|
7 | 0.0% | ||||
150 |
Habbo Avatars
Ethereum
|
0,13 ETH
379,87 $
|
3.1% |
1 505 ETH
4 406 126 $
|
2,41 ETH
7 038,72 $
|
19 | 0.1% | ||||
151 |
CyberKongz (Babies)
Ethereum
|
0,84 ETH
2 457,35 $
|
0.0% |
3 359 ETH
9 829 391 $
|
2,35 ETH
6 866,12 $
|
3 | 0.0% | ||||
152 |
KPR
Ethereum
|
0,040 ETH
116,86 $
|
2.3% |
398,86 ETH
1 168 609 $
|
2,34 ETH
6 857,00 $
|
54 | 0.5% | ||||
153 |
Sproto Gremlins
Ethereum
|
0,35 ETH
1 010,81 $
|
1.3% |
1 149 ETH
3 365 986 $
|
2,33 ETH
6 823,09 $
|
7 | 0.1% | ||||
154 |
Rune Doors
Bitcoin
|
0,003 BTC
193,26 $
|
13.7% |
31,50 BTC
1 932 613 $
|
0,11 BTC
6 781,94 $
|
38 | 0.0% | ||||
155 |
FLUF World: Burrows
Ethereum
|
0,063 ETH
184,65 $
|
46.9% |
661,50 ETH
1 938 827 $
|
2,31 ETH
6 775,98 $
|
29 | 0.1% | ||||
156 |
CEDEN Keystone NFT Nodes
Ethereum
|
0,15 ETH
424,37 $
|
0.5% |
1 450 ETH
4 243 690 $
|
2,31 ETH
6 760,05 $
|
14 | 0.8% | ||||
157 |
Taiyo Robotics
Solana
|
11,33 SOL
1 642,67 $
|
16.8% |
24 031 SOL
3 484 104 $
|
46,40 SOL
6 727,48 $
|
5 | 0.0% | ||||
158 |
Binary
Ethereum
|
0,080 ETH
234,53 $
|
12.7% |
565,60 ETH
1 658 148 $
|
2,17 ETH
6 352,82 $
|
28 | 0.7% | ||||
159 |
CryptoPhunks
Ethereum
|
0,21 ETH
629,58 $
|
0.1% |
2 142 ETH
6 278 779 $
|
2,16 ETH
6 318,64 $
|
10 | 0.1% | ||||
160 |
Puppetardio
Solana
|
0,17 SOL
24,19 $
|
2.8% |
740,66 SOL
107 375 $
|
43,22 SOL
6 265,13 $
|
293 | 0.0% | ||||
161 |
Nobody
Ethereum
|
0,13 ETH
389,25 $
|
1.4% |
1 330 ETH
3 892 512 $
|
2,13 ETH
6 236,50 $
|
12 | 0.0% | ||||
162 |
Space Doodles
Ethereum
|
2,50 ETH
7 316,71 $
|
0.0% |
17 095 ETH
50 031 640 $
|
2,10 ETH
6 146,03 $
|
1 | 0.1% | ||||
163 |
Dooplicator
Ethereum
|
0,100 ETH
292,38 $
|
4.8% |
936,56 ETH
2 741 039 $
|
2,06 ETH
6 041,00 $
|
21 | 0.1% | ||||
164 |
Realm
Arbitrum One
|
0,070 ETH
205,15 $
|
4.5% |
351,12 ETH
1 029 046 $
|
2,05 ETH
6 007,67 $
|
18 | 0.6% | ||||
165 |
KartParty-YKZ
Ethereum
|
0,68 ETH
1 978,38 $
|
0.0% |
471,83 ETH
1 382 891 $
|
2,02 ETH
5 923,43 $
|
3 | 0.4% | ||||
166 |
vVv Season 1
Ethereum
|
0,35 ETH
1 023,15 $
|
7.4% |
1 731 ETH
5 074 804 $
|
2,01 ETH
5 898,48 $
|
6 | 2.2% | ||||
167 |
Fomo Apes
Ethereum
|
0,75 ETH
2 198,06 $
|
0.0% |
0 ETH
0,00 €
|
2,01 ETH
5 890,81 $
|
1 | 0.0% | ||||
168 |
Cyber Frogs
Solana
|
6,40 SOL
927,27 $
|
2.8% |
49 606 SOL
7 192 796 $
|
40,59 SOL
5 885,13 $
|
6 | 0.1% | ||||
169 |
QBX Founders Key
Ethereum
|
1,13 ETH
3 307,19 $
|
7.4% |
1 002 ETH
2 936 782 $
|
2,00 ETH
5 864,33 $
|
2 | 0.0% | ||||
170 |
The Currency
Ethereum
|
1,18 ETH
3 453,51 $
|
19.2% |
2 375 ETH
6 951 911 $
|
1,99 ETH
5 823,84 $
|
2 | 0.1% | ||||
171 |
WADE F&F
Ethereum
|
0,37 ETH
1 078,63 $
|
1.9% |
772,80 ETH
2 265 125 $
|
1,98 ETH
5 803,50 $
|
6 | 0.1% | ||||
172 |
Kaidro Journey edition 01
Ronin
|
0,042 RON
0,109306 $
|
61.5% |
15 807 RON
40 846 $
|
2 219 RON
5 734,80 $
|
0 | 0.2% | ||||
173 |
Spellborne Monsters
Ethereum
|
0,088 ETH
257,38 $
|
0.0% |
291,64 ETH
857 843 $
|
1,93 ETH
5 667,09 $
|
20 | 0.0% | ||||
174 |
BIT APES by BAYC Members
Bitcoin
|
0,002 BTC
160,00 $
|
21.7% |
23,50 BTC
1 599 955 $
|
0,083 BTC
5 624,35 $
|
16 | 0.2% | ||||
175 |
GoPlus EnergyCard
Ethereum
|
0,96 ETH
2 804,31 $
|
0.2% |
791,04 ETH
2 310 749 $
|
1,92 ETH
5 602,77 $
|
2 | 0.0% | ||||
176 |
bitmap
Bitcoin
|
Osta
|
0,0010 BTC
58,35 $
|
1.5% |
754,01 BTC
46 310 479 $
|
0,091 BTC
5 560,10 $
|
80 | 0.1% | |||
177 |
Cool Cats
Ethereum
|
0,44 ETH
1 289,34 $
|
0.0% |
4 385 ETH
12 852 189 $
|
1,89 ETH
5 549,84 $
|
4 | 0.0% | ||||
178 |
Unicorn Farm
Polygon POS
|
0,016 ETH
46,89 $
|
24.0% |
630,05 ETH
1 846 524 $
|
1,83 ETH
5 350,30 $
|
59 | 0.0% | ||||
179 |
Crypto Unicorns
Polygon POS
|
0,002 ETH
4,39 $
|
7.1% |
274,31 ETH
803 169 $
|
1,83 ETH
5 350,07 $
|
309 | 0.0% | ||||
180 |
Mavia Land
Ethereum
|
0,24 ETH
703,18 $
|
4.5% |
2 400 ETH
7 031 759 $
|
1,82 ETH
5 327,16 $
|
6 | 0.0% | ||||
181 |
SanFranTokyoGenesisPass
Ethereum
|
0,33 ETH
961,40 $
|
8.2% |
658,98 ETH
1 922 804 $
|
1,79 ETH
5 232,58 $
|
7 | 0.1% | ||||
182 |
Yogurt Verse
Ethereum
|
1,09 ETH
3 183,08 $
|
3.1% |
348,80 ETH
1 018 584 $
|
1,79 ETH
5 231,34 $
|
2 | 0.0% | ||||
183 |
God Hates NFTees
Ethereum
|
0,078 ETH
227,69 $
|
1.7% |
390,71 ETH
1 143 462 $
|
1,76 ETH
5 159,77 $
|
15 | 0.1% | ||||
184 |
KILLABEARS
Ethereum
|
0,45 ETH
1 310,36 $
|
0.4% |
1 489 ETH
4 367 441 $
|
1,71 ETH
5 019,28 $
|
4 | 0.0% | ||||
185 |
CryptoCubes
Ethereum
|
3,99 ETH
11 679,85 $
|
141.8% |
1 013 ETH
2 966 682 $
|
1,66 ETH
4 859,29 $
|
1 | 0.7% | ||||
186 |
Aurory
Solana
|
4,87 SOL
698,37 $
|
0.9% |
48 666 SOL
6 978 848 $
|
33,33 SOL
4 780,26 $
|
8 | 0.0% | ||||
187 |
Rare Sats
Bitcoin
|
0,0000 BTC
0,00061539 $
|
0.0% |
0 BTC
0,00 €
|
0,077 BTC
4 726,90 $
|
80 | 0.3% | ||||
188 |
RetroDoges
Ethereum
|
0,049 ETH
143,40 $
|
105.0% |
341,48 ETH
999 383 $
|
1,60 ETH
4 679,11 $
|
56 | 0.5% | ||||
189 |
Timeless
Ethereum
|
0,21 ETH
611,78 $
|
16.1% |
1 967 ETH
5 763 573 $
|
1,56 ETH
4 562,55 $
|
9 | 0.2% | ||||
190 |
cryptokhat
Polygon POS
|
0,58 ETH
1 710,11 $
|
0.0% |
5 850 ETH
17 101 052 $
|
1,56 ETH
4 560,36 $
|
3 | 0.0% | ||||
191 |
Timeless
Ethereum
|
0,21 ETH
610,72 $
|
16.1% |
1 967 ETH
5 753 599 $
|
1,56 ETH
4 554,66 $
|
9 | 0.2% | ||||
192 |
Turing Key
Ethereum
|
1,55 ETH
4 562,01 $
|
1.3% |
0 ETH
0,00 €
|
1,53 ETH
4 503,15 $
|
1 | 0.0% | ||||
193 |
Bitcoin Punks
Bitcoin
|
0,024 BTC
1 486,35 $
|
0.0% |
241,90 BTC
14 863 472 $
|
0,071 BTC
4 384,08 $
|
3 | 0.0% | ||||
194 |
Smyths
Solana
|
4,10 SOL
594,25 $
|
3.5% |
18 220 SOL
2 640 862 $
|
29,80 SOL
4 318,70 $
|
7 | 0.1% | ||||
195 |
Okay Bears
Solana
|
3,46 SOL
502,01 $
|
7.7% |
34 088 SOL
4 948 837 $
|
29,69 SOL
4 310,63 $
|
8 | 0.0% | ||||
196 |
Elemental
Ethereum
|
0,40 ETH
1 170,08 $
|
178.0% |
808,80 ETH
2 365 898 $
|
1,44 ETH
4 217,81 $
|
10 | 1.1% | ||||
197 |
FloraForms by Harto X Belvedere
Bitcoin
|
0,006 BTC
341,98 $
|
2.9% |
55,55 BTC
3 419 762 $
|
0,068 BTC
4 155,43 $
|
12 | 0.1% | ||||
198 |
Mittaria Genesis
Ethereum
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0,19 ETH
551,04 $
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0.5% |
417,74 ETH
1 224 411 $
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1,38 ETH
4 039,01 $
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7 | 0.1% | ||||
199 |
Commoners
Bitcoin
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0,002 BTC
119,87 $
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11.7% |
19,55 BTC
1 198 679 $
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0,064 BTC
3 947,10 $
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33 | 0.0% | ||||
200 |
CryptoUndeads
Solana
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0,70 SOL
102,06 $
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0.9% |
7 039 SOL
1 020 511 $
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25,83 SOL
3 744,98 $
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34 | 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.