Najveće kolekcije Ethereum NFT-a rangirane prema volumenu trgovanja u 24 h
# | NFT | Minimalna cijena | 24 h% | U posljednjih 7 dana | Tržišna kapit. | Volumen u 24 h | Prodaja u 24 h | Vlasnici u 24 h | |||
---|---|---|---|---|---|---|---|---|---|---|---|
101 |
Worldwide Webb Land
Ethereum
|
0,19 ETH
566,54 $
|
1.6% |
1.777 ETH
5.386.684 $
|
3,25 ETH
9.858,56 $
|
17 | 0.0% | ||||
102 |
Opepen Edition
Ethereum
|
0,14 ETH
424,05 $
|
8.4% |
2.240 ETH
6.784.835 $
|
3,21 ETH
9.731,39 $
|
21 | 0.0% | ||||
103 |
BrainDrops
Ethereum
|
0,020 ETH
61,83 $
|
70.4% |
346,74 ETH
1.050.938 $
|
3,14 ETH
9.526,48 $
|
9 | 0.1% | ||||
104 |
Wolf Game - Genesis Land
Ethereum
|
0,019 ETH
57,79 $
|
2.2% |
380,83 ETH
1.154.235 $
|
3,10 ETH
9.383,89 $
|
22 | 0.0% | ||||
105 |
MetalCore Infantry
Ethereum
|
0,073 ETH
220,84 $
|
8.8% |
729,00 ETH
2.208.380 $
|
3,08 ETH
9.333,36 $
|
38 | 10.5% | ||||
106 |
Crypto Citizens
Ethereum
|
0,22 ETH
666,77 $
|
0.0% |
2.200 ETH
6.667.680 $
|
3,06 ETH
9.273,83 $
|
18 | 0.0% | ||||
107 |
VeeFriends
Ethereum
|
1,06 ETH
3.209,51 $
|
0.0% |
10.869 ETH
32.913.533 $
|
3,01 ETH
9.114,68 $
|
2 | 0.0% | ||||
108 |
Common Wealth Genesis NFT Series 1
Ethereum
|
0,99 ETH
3.003,27 $
|
13.9% |
0 ETH
0,00 kn
|
2,97 ETH
9.009,80 $
|
3 | 96.5% | ||||
109 |
KPR
Ethereum
|
0,039 ETH
119,20 $
|
6.8% |
392,89 ETH
1.192.028 $
|
2,95 ETH
8.942,40 $
|
73 | 0.1% | ||||
110 |
Co-Museum Founder's Pass
Ethereum
|
0,12 ETH
348,44 $
|
4.6% |
456,44 ETH
1.382.940 $
|
2,95 ETH
8.923,58 $
|
32 | 0.1% | ||||
111 |
The Crypt
Ethereum
|
0,040 ETH
121,05 $
|
5.2% |
265,97 ETH
806.941 $
|
2,81 ETH
8.518,17 $
|
42 | 0.6% | ||||
112 |
InfiniGods
Ethereum
|
0,13 ETH
394,10 $
|
4.8% |
447,90 ETH
1.358.873 $
|
2,78 ETH
8.449,13 $
|
13 | 0.2% | ||||
113 |
Treeverse Plots
Ethereum
|
0,36 ETH
1.087,47 $
|
0.8% |
3.741 ETH
11.331.428 $
|
2,78 ETH
8.411,38 $
|
8 | 0.0% | ||||
114 |
CryptoDickbutts
Ethereum
|
0,31 ETH
925,99 $
|
0.7% |
1.585 ETH
4.813.292 $
|
2,57 ETH
7.789,83 $
|
8 | 0.0% | ||||
115 |
Bursted Bubbles by Deblock
Ethereum
|
0,67 ETH
2.030,07 $
|
5.8% |
670,10 ETH
2.030.073 $
|
2,54 ETH
7.704,34 $
|
4 | 0.0% | ||||
116 |
Mavia Land
Ethereum
|
0,23 ETH
697,10 $
|
0.3% |
2.300 ETH
6.971.031 $
|
2,50 ETH
7.574,62 $
|
9 | 0.0% | ||||
117 |
The Currency
Ethereum
|
0,99 ETH
2.996,19 $
|
0.1% |
1.990 ETH
6.028.326 $
|
2,50 ETH
7.562,88 $
|
3 | 0.0% | ||||
118 |
Nuclear Nerds of the Accidental Apocalypse
Ethereum
|
0,019 ETH
58,57 $
|
1.0% |
173,60 ETH
526.843 $
|
2,49 ETH
7.557,43 $
|
2 | 0.0% | ||||
119 |
HV-MTL
Ethereum
|
0,060 ETH
181,14 $
|
16.7% |
1.696 ETH
5.138.327 $
|
2,48 ETH
7.515,48 $
|
42 | 0.0% | ||||
120 |
Polytrade Reflections
Ethereum
|
0,18 ETH
545,90 $
|
5.9% |
179,72 ETH
545.356 $
|
2,46 ETH
7.476,08 $
|
15 | 0.7% | ||||
121 |
Peplicator by Matt Furie
Ethereum
|
0,055 ETH
166,62 $
|
0.0% |
1.214 ETH
3.676.542 $
|
2,44 ETH
7.406,25 $
|
17 | 0.0% | ||||
122 |
Overworld Incarna
Ethereum
|
1,24 ETH
3.764,67 $
|
7.5% |
7.440 ETH
22.588.048 $
|
2,39 ETH
7.256,11 $
|
2 | 0.0% | ||||
123 |
E4C Ranger Gold Edition
Ethereum
|
0,16 ETH
481,90 $
|
2.9% |
118,13 ETH
358.053 $
|
2,39 ETH
7.231,10 $
|
16 | 0.4% | ||||
124 |
The Memes by 6529
Ethereum
|
0,025 ETH
75,25 $
|
7.8% |
4,44 ETH
13.469,35 $
|
2,33 ETH
7.068,38 $
|
62 | 0.0% | ||||
125 |
BlockGames Dice
Ethereum
|
0,065 ETH
196,90 $
|
8.2% |
360,46 ETH
1.093.804 $
|
2,31 ETH
7.024,55 $
|
31 | 0.1% | ||||
126 |
Proof of Narnian NFT
Ethereum
|
0,60 ETH
1.808,71 $
|
0.7% |
1.986 ETH
6.028.430 $
|
2,21 ETH
6.706,79 $
|
4 | 0.0% | ||||
127 |
VeeFriends Series 2
Ethereum
|
0,054 ETH
162,05 $
|
2.2% |
2.957 ETH
8.957.556 $
|
2,19 ETH
6.643,69 $
|
25 | 0.0% | ||||
128 |
Binary
Ethereum
|
0,080 ETH
242,35 $
|
12.7% |
565,60 ETH
1.713.388 $
|
2,17 ETH
6.564,46 $
|
28 | 0.7% | ||||
129 |
CALIVERSE Pioneer
Ethereum
|
0,11 ETH
342,58 $
|
2.7% |
565,00 ETH
1.712.912 $
|
2,14 ETH
6.478,43 $
|
20 | 0.8% | ||||
130 |
CyberKongz Genkai (Ethereum)
Ethereum
|
0,080 ETH
241,71 $
|
1.4% |
1.038 ETH
3.143.677 $
|
2,07 ETH
6.276,28 $
|
25 | 0.2% | ||||
131 |
TinFun
Ethereum
|
0,18 ETH
533,19 $
|
2.1% |
1.760 ETH
5.331.944 $
|
2,04 ETH
6.180,21 $
|
10 | 0.0% | ||||
132 |
LoudPunx
Ethereum
|
0,55 ETH
1.670,64 $
|
13.4% |
1.339 ETH
4.068.017 $
|
2,01 ETH
6.105,44 $
|
4 | 0.4% | ||||
133 |
Impostors Genesis Aliens
Ethereum
|
0,23 ETH
687,70 $
|
13.5% |
2.365 ETH
7.165.816 $
|
1,96 ETH
5.934,20 $
|
9 | 0.0% | ||||
134 |
MoonCats - Acclimated
Ethereum
|
0,16 ETH
481,69 $
|
7.6% |
3.167 ETH
9.593.331 $
|
1,91 ETH
5.793,70 $
|
13 | 0.1% | ||||
135 |
GoPlus EnergyCard
Ethereum
|
0,96 ETH
2.905,53 $
|
0.3% |
788,98 ETH
2.394.155 $
|
1,91 ETH
5.795,88 $
|
2 | 0.6% | ||||
136 |
ForgottenSouls
Ethereum
|
0,90 ETH
2.731,81 $
|
0.0% |
627,27 ETH
1.904.074 $
|
1,90 ETH
5.767,36 $
|
2 | 0.3% | ||||
137 |
Checks - VV Edition
Ethereum
|
0,27 ETH
808,59 $
|
0.0% |
1.435 ETH
4.350.215 $
|
1,82 ETH
5.516,28 $
|
7 | 0.2% | ||||
138 |
Nakamigos CLOAKS
Ethereum
|
0,021 ETH
62,11 $
|
5.5% |
410,00 ETH
1.242.142 $
|
1,77 ETH
5.375,40 $
|
75 | 0.1% | ||||
139 |
Enforcer Founder Edition Spaceship
Ethereum
|
0,28 ETH
848,33 $
|
13.8% |
323,40 ETH
979.824 $
|
1,77 ETH
5.365,70 $
|
7 | 0.6% | ||||
140 |
CryptoPunks V1 (wrapped)
Ethereum
|
1,74 ETH
5.274,37 $
|
0.6% |
8.601 ETH
26.071.200 $
|
1,74 ETH
5.274,36 $
|
1 | 0.0% | ||||
141 |
DeadFellaz
Ethereum
|
0,096 ETH
291,46 $
|
0.9% |
959,99 ETH
2.914.559 $
|
1,72 ETH
5.219,68 $
|
19 | 0.0% | ||||
142 |
WAGMI
Ethereum
|
0,31 ETH
936,26 $
|
10.2% |
741,02 ETH
2.248.901 $
|
1,70 ETH
5.172,66 $
|
6 | 0.4% | ||||
143 |
Dooplicator
Ethereum
|
0,11 ETH
324,07 $
|
21.9% |
1.002 ETH
3.038.186 $
|
1,70 ETH
5.146,82 $
|
14 | 0.0% | ||||
144 |
THE SHIBOSHIS
Ethereum
|
0,17 ETH
528,82 $
|
11.5% |
1.742 ETH
5.287.629 $
|
1,64 ETH
4.993,97 $
|
9 | 0.0% | ||||
145 |
Rug Radio - Genesis NFT
Ethereum
|
0,10 ETH
318,13 $
|
5.0% |
2.100 ETH
6.362.625 $
|
1,57 ETH
4.769,28 $
|
14 | 0.1% | ||||
146 |
Meta Monopoly NFT
Ethereum
|
0,41 ETH
1.243,84 $
|
0.0% |
111,52 ETH
338.324 $
|
1,57 ETH
4.762,99 $
|
3 | 0.0% | ||||
147 |
Early Retired Cats Club
Ethereum
|
0,42 ETH
1.272,05 $
|
4.5% |
810,41 ETH
2.455.060 $
|
1,56 ETH
4.725,89 $
|
4 | 0.0% | ||||
148 |
RTFKT - Clone X Mintvial
Ethereum
|
1,70 ETH
5.150,76 $
|
9.7% |
506,60 ETH
1.534.925 $
|
1,55 ETH
4.696,28 $
|
1 | 0.0% | ||||
149 |
BoredMilady
Ethereum
|
0,15 ETH
466,70 $
|
12.0% |
1.059 ETH
3.211.346 $
|
1,53 ETH
4.635,71 $
|
10 | 0.3% | ||||
150 |
Sipherian Inu
Ethereum
|
0,038 ETH
114,30 $
|
10.2% |
376,92 ETH
1.142.783 $
|
1,51 ETH
4.586,60 $
|
48 | 0.1% | ||||
151 |
Turing Key
Ethereum
|
1,53 ETH
4.634,52 $
|
1.3% |
0 ETH
0,00 kn
|
1,50 ETH
4.543,65 $
|
1 | 0.6% | ||||
152 |
DigiDaigaku Heroes
Ethereum
|
0,33 ETH
999,90 $
|
0.0% |
636,24 ETH
1.927.804 $
|
1,46 ETH
4.414,41 $
|
5 | 0.2% | ||||
153 |
Zero Name Service
Ethereum
|
0,24 ETH
729,11 $
|
4.9% |
1.763 ETH
5.350.216 $
|
1,45 ETH
4.400,01 $
|
5 | 0.1% | ||||
154 |
CEDEN Keystone NFT Nodes
Ethereum
|
0,14 ETH
414,89 $
|
8.7% |
1.369 ETH
4.148.927 $
|
1,41 ETH
4.273,18 $
|
10 | 0.6% | ||||
155 |
The Grapes
Ethereum
|
0,21 ETH
636,61 $
|
0.0% |
699,56 ETH
2.121.812 $
|
1,41 ETH
4.276,30 $
|
7 | 0.2% | ||||
156 |
Shrapnel Operators Collection
Ethereum
|
0,067 ETH
202,65 $
|
4.4% |
669,00 ETH
2.026.526 $
|
1,38 ETH
4.193,80 $
|
22 | 0.2% | ||||
157 |
Redbrick
Ethereum
|
1,00 ETH
3.033,92 $
|
33.3% |
0 ETH
0,00 kn
|
1,38 ETH
4.174,66 $
|
2 | 0.0% | ||||
158 |
ChronoForge Support Airships
Ethereum
|
0,42 ETH
1.273,25 $
|
6.4% |
1.050 ETH
3.183.132 $
|
1,37 ETH
4.138,07 $
|
3 | 0.2% | ||||
159 |
Habbo Avatars
Ethereum
|
0,13 ETH
406,55 $
|
0.4% |
1.554 ETH
4.715.627 $
|
1,30 ETH
3.953,62 $
|
9 | 0.0% | ||||
160 |
KartParty-YKZ
Ethereum
|
0,65 ETH
1.970,54 $
|
9.5% |
454,35 ETH
1.377.407 $
|
1,30 ETH
3.941,08 $
|
2 | 0.0% | ||||
161 |
Checks
Ethereum
|
0,17 ETH
503,64 $
|
0.4% |
946,84 ETH
2.872.781 $
|
1,30 ETH
3.934,28 $
|
8 | 0.1% | ||||
162 |
Lazy Lions
Ethereum
|
0,13 ETH
388,05 $
|
0.8% |
1.289 ETH
3.911.512 $
|
1,27 ETH
3.855,29 $
|
8 | 0.1% | ||||
163 |
Mittaria Genesis
Ethereum
|
0,19 ETH
575,75 $
|
3.8% |
421,96 ETH
1.279.317 $
|
1,23 ETH
3.728,28 $
|
7 | 0.2% | ||||
164 |
Colorglyphs
Ethereum
|
0,90 ETH
2.731,09 $
|
7.5% |
467,97 ETH
1.420.165 $
|
1,21 ETH
3.683,53 $
|
2 | 0.0% | ||||
165 |
Mocaverse Lucky Neko
Ethereum
|
0,40 ETH
1.212,35 $
|
4.3% |
509,20 ETH
1.543.324 $
|
1,19 ETH
3.621,87 $
|
2 | 0.2% | ||||
166 |
Decentraland
Ethereum
|
0,14 ETH
420,89 $
|
2.9% |
13.628 ETH
41.323.791 $
|
1,15 ETH
3.492,80 $
|
4 | 0.0% | ||||
167 |
AOI Engine
Ethereum
|
0,013 ETH
39,65 $
|
2.3% |
183,18 ETH
554.903 $
|
1,15 ETH
3.482,13 $
|
33 | 0.1% | ||||
168 |
Hape Prime
Ethereum
|
0,20 ETH
605,98 $
|
2.6% |
1.638 ETH
4.964.213 $
|
1,14 ETH
3.455,85 $
|
6 | 0.1% | ||||
169 |
Matr1x 2061
Ethereum
|
1,11 ETH
3.346,98 $
|
0.5% |
2.277 ETH
6.898.133 $
|
1,11 ETH
3.346,98 $
|
1 | 0.0% | ||||
170 |
Creepz Loomi Vault
Ethereum
|
0,043 ETH
129,68 $
|
0.0% |
214,00 ETH
648.389 $
|
1,10 ETH
3.340,41 $
|
- | 2.6% | ||||
171 |
MidnightBreeze
Ethereum
|
0,072 ETH
218,26 $
|
14.5% |
501,77 ETH
1.521.083 $
|
1,10 ETH
3.329,13 $
|
18 | 0.1% | ||||
172 |
The Llamas
Ethereum
|
1,32 ETH
4.014,65 $
|
0.1% |
1.472 ETH
4.460.281 $
|
1,03 ETH
3.121,06 $
|
1 | 0.2% | ||||
173 |
Silks - Horse
Ethereum
|
0,016 ETH
48,17 $
|
2.7% |
135,53 ETH
410.762 $
|
1,01 ETH
3.056,89 $
|
2 | 0.2% | ||||
174 |
Murakami.Flowers Official
Ethereum
|
0,20 ETH
621,12 $
|
2.3% |
2.081 ETH
6.306.193 $
|
1,00 ETH
3.038,94 $
|
3 | 0.0% | ||||
175 |
LinksDAO
Ethereum
|
0,050 ETH
151,41 $
|
19.4% |
453,58 ETH
1.376.312 $
|
1,00 ETH
3.034,32 $
|
20 | 0.1% | ||||
176 |
FLUF World: Burrows
Ethereum
|
0,040 ETH
120,90 $
|
11.1% |
418,95 ETH
1.269.408 $
|
0,99 ETH
3.010,58 $
|
4 | 0.1% | ||||
177 |
ChameleonTravelClub
Ethereum
|
1,29 ETH
3.901,89 $
|
0.0% |
1.288 ETH
3.901.886 $
|
0,99 ETH
2.999,98 $
|
1 | 0.0% | ||||
178 |
RetroDoges
Ethereum
|
0,025 ETH
75,73 $
|
31.1% |
174,22 ETH
527.734 $
|
0,97 ETH
2.937,28 $
|
48 | 0.3% | ||||
179 |
CyberKongz VX
Ethereum
|
0,16 ETH
484,42 $
|
0.0% |
2.375 ETH
7.194.096 $
|
0,96 ETH
2.923,17 $
|
6 | 0.0% | ||||
180 |
MAX PAIN AND FRENS BY XCOPY
Ethereum
|
0,49 ETH
1.485,42 $
|
0.0% |
3.412 ETH
10.351.887 $
|
0,95 ETH
2.879,03 $
|
2 | 0.0% | ||||
181 |
77-Bit
Ethereum
|
0,13 ETH
403,55 $
|
2.1% |
1.036 ETH
3.138.392 $
|
0,95 ETH
2.869,10 $
|
5 | 0.1% | ||||
182 |
Yat
Ethereum
|
0,010 ETH
30,01 $
|
1.0% |
128,95 ETH
390.864 $
|
0,93 ETH
2.805,40 $
|
98 | 0.1% | ||||
183 |
KILLABEARS
Ethereum
|
0,46 ETH
1.389,61 $
|
1.0% |
1.530 ETH
4.631.559 $
|
0,92 ETH
2.773,77 $
|
2 | 0.3% | ||||
184 |
World of Women Galaxy
Ethereum
|
0,032 ETH
96,77 $
|
8.3% |
685,88 ETH
2.077.963 $
|
0,89 ETH
2.705,16 $
|
31 | 0.0% | ||||
185 |
0N1 Force
Ethereum
|
0,30 ETH
908,83 $
|
0.3% |
2.332 ETH
7.066.150 $
|
0,88 ETH
2.662,87 $
|
3 | 0.0% | ||||
186 |
Invisible Friends
Ethereum
|
0,21 ETH
635,54 $
|
4.8% |
1.048 ETH
3.177.720 $
|
0,86 ETH
2.615,29 $
|
3 | 0.1% | ||||
187 |
Rosentica: Starfall Travelers
Ethereum
|
0,073 ETH
220,94 $
|
4.8% |
436,79 ETH
1.325.663 $
|
0,84 ETH
2.547,86 $
|
12 | 0.2% | ||||
188 |
World of Women
Ethereum
|
0,44 ETH
1.320,94 $
|
2.6% |
4.360 ETH
13.209.423 $
|
0,84 ETH
2.529,79 $
|
2 | 0.0% | ||||
189 |
Lost Poets
Ethereum
|
0,042 ETH
127,09 $
|
1.1% |
1.179 ETH
3.576.276 $
|
0,83 ETH
2.524,17 $
|
11 | 0.1% | ||||
190 |
The Sandbox LANDS
Ethereum
|
0,12 ETH
375,79 $
|
0.8% |
20.585 ETH
62.386.192 $
|
0,83 ETH
2.505,55 $
|
6 | 0.0% | ||||
191 |
The Magus Official
Ethereum
|
0,004 ETH
12,08 $
|
0.0% |
3,32 ETH
10.065,33 $
|
0,83 ETH
2.501,17 $
|
- | 0.0% | ||||
192 |
Skyborne - Genesis Immortals
Ethereum
|
0,030 ETH
90,05 $
|
3.9% |
296,97 ETH
900.373 $
|
0,81 ETH
2.463,39 $
|
5 | 0.2% | ||||
193 |
DeepBlack
Ethereum
|
0,77 ETH
2.332,73 $
|
0.0% |
2.367 ETH
7.170.798 $
|
0,80 ETH
2.420,58 $
|
1 | 0.1% | ||||
194 |
Lil Z's Adventure
Ethereum
|
0,032 ETH
96,69 $
|
7.7% |
250,29 ETH
758.668 $
|
0,79 ETH
2.383,42 $
|
26 | 0.1% | ||||
195 |
Inhabitants: Generative Identities
Ethereum
|
0,11 ETH
333,16 $
|
112.2% |
886,77 ETH
2.688.282 $
|
0,77 ETH
2.345,15 $
|
13 | 0.3% | ||||
196 |
Wolf Game - Wool Pouch
Ethereum
|
0,003 ETH
9,09 $
|
15.4% |
55,59 ETH
168.489 $
|
0,76 ETH
2.310,05 $
|
8 | 0.2% | ||||
197 |
Loot
Ethereum
|
0,26 ETH
788,14 $
|
7.1% |
2.022 ETH
6.130.939 $
|
0,75 ETH
2.274,35 $
|
3 | 0.0% | ||||
198 |
Pudgy Milady
Ethereum
|
0,030 ETH
89,86 $
|
13.2% |
240,45 ETH
728.788 $
|
0,74 ETH
2.234,48 $
|
29 | 0.1% | ||||
199 |
GEVOLs
Ethereum
|
0,045 ETH
134,93 $
|
196.9% |
395,34 ETH
1.198.697 $
|
0,73 ETH
2.227,94 $
|
22 | 0.4% | ||||
200 |
CyberBrokers
Ethereum
|
0,090 ETH
272,47 $
|
2.2% |
899,00 ETH
2.724.657 $
|
0,72 ETH
2.187,00 $
|
7 | 0.0% |
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 za podatke o NFT-ima.
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.