Najviše cijene NFT kolekcija rangirane prema tržišnoj kapitalizaciji
| # | NFT | Minimalna cijena | 24 h | 7 d | 30 d | U posljednjih 7 dana | Tržišna kapit. | Volumen u 24 h | Prodaja u 24 h | |||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - |
|
Bitcoin Wizards
|
0,014 BTC
848,22 $
|
0.0% | 4.9% | 10.0% |
|
1.134.920 $
18,06 BTC
|
0,013 BTC
835,65 $
|
1 | ||
| - |
|
y00ts (Solana)
|
0,97 SOL
79,21 $
|
1.4% | 14.4% | 14.6% |
|
630.165 $
7.756 SOL
|
10,45 SOL
849,40 $
|
11 | ||
| - |
|
Heavy Liquid Graphic
|
0,66 SOL
53,90 $
|
1.6% | 1.6% | 1.6% |
|
53.848 $
662,74 SOL
|
9,91 SOL
804,82 $
|
13 | ||
| - |
|
BTC DeGods
|
0,017 BTC
1.036,71 $
|
0.0% | 33.7% | 17.5% |
|
554.642 $
8,83 BTC
|
0,012 BTC
763,40 $
|
1 | ||
| - |
|
Anomaly
|
0,12 SOL
9,71 $
|
26.7% | 39.0% | 39.2% |
|
22.645 $
278,70 SOL
|
9,38 SOL
762,37 $
|
26 | ||
| - |
|
MoonCats - Acclimated
|
0,14 ETH
257,79 $
|
1.8% | 3.3% | 1.7% |
|
5.384.487 $
3.029 ETH
|
0,42 ETH
755,60 $
|
3 | ||
| - |
|
Shaolin Saga
|
2,25 SOL
182,44 $
|
5.5% | 6.4% | 106.0% |
|
70.787 $
871,22 SOL
|
9,25 SOL
751,48 $
|
5 | ||
| - |
|
Space Doodles
|
0,52 ETH
926,37 $
|
0.0% | 0.0% | 13.0% |
|
6.993.184 $
3.933 ETH
|
0,41 ETH
732,48 $
|
1 | ||
| - |
|
EVMavericks
|
0,15 ETH
266,67 $
|
28.6% | 28.6% | 49.8% |
|
352.807 $
198,44 ETH
|
0,40 ETH
709,02 $
|
3 | ||
| - |
|
Card NFT 2
|
0,58 SOL
46,86 $
|
2.0% | 42.6% | 42.6% |
|
378.864 $
4.663 SOL
|
8,70 SOL
706,64 $
|
7 | ||
| - |
|
Critters Quest
|
2,42 SOL
196,60 $
|
6.0% | 24.6% | 22.2% |
|
688.114 $
8.469 SOL
|
8,68 SOL
705,30 $
|
5 | ||
| - |
|
Quirklings
|
0,054 ETH
96,89 $
|
0.4% | 5.6% | 12.6% |
|
1.906.192 $
1.072 ETH
|
0,37 ETH
654,43 $
|
6 | ||
| - |
|
CrypToadz
|
0,34 ETH
609,81 $
|
7.2% | 9.0% | 22.0% |
|
4.282.085 $
2.409 ETH
|
0,36 ETH
640,03 $
|
1 | ||
| - |
|
EmBells
|
0,0006 ETH
1,15 $
|
6.3% | 6.5% | 6.6% |
|
11.361,34 $
6,39 ETH
|
0,35 ETH
627,98 $
|
6 | ||
| - |
|
Polychain Monsters | BNB Chain
|
50,00 BNB
29.380 $
|
0.0% | 7042.9% | 111011.1% |
|
15.056.297.488 $
25.623.750 BNB
|
1,05 BNB
619,06 $
|
10 | ||
| - |
|
Yokai Avengers
|
0,003 BTC
206,71 $
|
37.1% | 26.1% | 15.4% |
|
138.912 $
2,21 BTC
|
0,010 BTC
596,90 $
|
4 | ||
| - |
|
Nakamigos
|
0,098 ETH
174,18 $
|
2.0% | 1.2% | 27.9% |
|
3.471.194 $
1.952 ETH
|
0,34 ETH
611,73 $
|
3 | ||
| - |
|
MetaWinners
|
0,29 ETH
513,76 $
|
3.6% | 22.6% | 60.2% |
|
5.137.625 $
2.890 ETH
|
0,34 ETH
602,52 $
|
1 | ||
| - |
|
OCM Genesis by OnChainMonkey®
|
0,012 BTC
752,72 $
|
0.0% | 4.2% | 4.3% |
|
7.527.175 $
119,80 BTC
|
0,009 BTC
571,76 $
|
1 | ||
| - |
|
Taiji Labs Genesis Keys
|
0,15 ETH
260,99 $
|
22.3% | 0.7% | 18.0% |
|
104.397 $
58,72 ETH
|
0,34 ETH
600,92 $
|
3 | ||
| - |
|
Zecrey Chameleon Avatar
|
0,50 BNB
293,80 $
|
4.4% | 14.2% | 823.5% |
|
1.379.077 $
2.347 BNB
|
1,01 BNB
595,85 $
|
3 | ||
| - |
|
OnChainMonkey (OCM) Genesis
|
0,012 BTC
752,72 $
|
0.0% | 4.2% | 4.3% |
|
7.527.175 $
119,80 BTC
|
0,009 BTC
571,76 $
|
1 | ||
| - |
|
Checks
|
0,19 ETH
346,51 $
|
1.0% | 27.5% | 30.4% |
|
1.976.475 $
1.112 ETH
|
0,33 ETH
588,48 $
|
2 | ||
| - |
|
Somnium Space VR
|
0,099 ETH
176,01 $
|
1.0% | 1.0% | 45.0% |
|
1.036.694 $
583,11 ETH
|
0,33 ETH
586,70 $
|
2 | ||
| - |
|
RENGA
|
0,043 ETH
75,74 $
|
0.2% | 1.2% | 27.6% |
|
690.934 $
388,63 ETH
|
0,32 ETH
575,20 $
|
8 | ||
| - |
|
Doge Friends
|
0,39 BNB
231,83 $
|
0.0% | 0.0% | 0.0% |
|
69.548 $
118,36 BNB
|
0,97 BNB
570,41 $
|
- | ||
| - |
|
Wizard of Alpha
|
5,89 SOL
478,16 $
|
0.0% | 467.0% | 372.0% |
|
780.843 $
9.610 SOL
|
6,89 SOL
559,82 $
|
1 | ||
| - |
|
Alpha Gardeners
|
9,12 SOL
741,41 $
|
0.0% | 66.3% | 101.8% |
|
366.254 $
4.508 SOL
|
6,83 SOL
554,95 $
|
1 | ||
| - |
|
Terraforms by Mathcastles
|
Kupi
|
0,31 ETH
549,18 $
|
5.1% | 6.8% | 16.3% |
|
5.442.965 $
3.062 ETH
|
0,31 ETH
550,98 $
|
1 | |
| - |
|
Pizza Ninjas
|
0,009 BTC
547,89 $
|
0.0% | 0.9% | 17.7% |
|
821.832 $
13,08 BTC
|
0,008 BTC
504,53 $
|
1 | ||
| - |
|
BTC Machines
|
0,009 BTC
549,77 $
|
1.7% | 7.4% | 9.4% |
|
427.173 $
6,80 BTC
|
0,008 BTC
502,65 $
|
1 | ||
| - |
|
Soul Gate: Hero Cartridges
|
0,24 SOL
19,10 $
|
27.3% | 28.5% | 25.3% |
|
38.182 $
469,92 SOL
|
6,35 SOL
516,17 $
|
28 | ||
| - |
|
Impostors Genesis Aliens
|
0,090 ETH
160,00 $
|
6.7% | 6.9% | 8.2% |
|
1.667.249 $
937,78 ETH
|
0,27 ETH
485,18 $
|
2 | ||
| - |
|
Gamba Dogs
|
5,56 SOL
452,08 $
|
4.1% | 22.5% | 44.9% |
|
904.166 $
11.128 SOL
|
5,91 SOL
480,55 $
|
1 | ||
| - |
|
Zinu's Zombie Mob Secret Society
|
0,065 ETH
115,56 $
|
7.1% | 24.8% | 228.6% |
|
1.155.616 $
650,00 ETH
|
0,27 ETH
472,20 $
|
4 | ||
| - |
|
Buidlers Collective GENESIS
|
5,81 SOL
472,40 $
|
0.0% | 3.6% | 26.9% |
|
441.690 $
5.436 SOL
|
5,70 SOL
462,88 $
|
1 | ||
| - |
|
SchizoPosters
|
0,071 ETH
126,35 $
|
35.4% | 3.2% | 43.1% |
|
701.765 $
394,72 ETH
|
0,26 ETH
457,25 $
|
4 | ||
| - |
|
Wealthy Hypio Babies
|
15,66 HYPE
1.113,86 $
|
11.9% | 44.5% | 42.4% |
|
6.013.749 $
84.548 HYPE
|
6,40 HYPE
454,89 $
|
28 | ||
| - |
|
Motocat Racing Club
|
0,008 BTC
488,14 $
|
0.0% | 20.7% | 33.9% |
|
0,00 kn
0 BTC
|
0,007 BTC
439,82 $
|
1 | ||
| - |
|
Degenerate Ape Academy
|
Kupi
|
1,65 SOL
134,24 $
|
0.0% | 2.2% | 21.8% |
|
2.386.918 $
29.377 SOL
|
5,46 SOL
443,71 $
|
2 | |
| - |
|
MOSCIUN
|
0,45 SOL
36,78 $
|
0.2% | 7.9% | 36.8% |
|
122.572 $
1.509 SOL
|
5,45 SOL
442,82 $
|
4 | ||
| - |
|
Captainz
|
0,086 ETH
153,66 $
|
2.0% | 11.1% | 64.0% |
|
1.536.460 $
864,21 ETH
|
0,25 ETH
439,63 $
|
3 | ||
| - |
|
DeadFellaz
|
0,14 ETH
241,79 $
|
0.7% | 13.8% | 30.4% |
|
2.417.885 $
1.360 ETH
|
0,25 ETH
439,13 $
|
2 | ||
| - |
|
Moonbirds Oddities
|
0,089 ETH
157,70 $
|
4.4% | 0.8% | 5.0% |
|
953.742 $
536,45 ETH
|
0,24 ETH
419,40 $
|
3 | ||
| - |
|
Saga Monkes
|
0,82 SOL
66,36 $
|
6.3% | 10.7% | 19.0% |
|
663.621 $
8.168 SOL
|
5,03 SOL
408,33 $
|
7 | ||
| - |
|
Primates
|
0,28 SOL
22,66 $
|
8.2% | 13.1% | 29.6% |
|
226.495 $
2.788 SOL
|
4,93 SOL
400,38 $
|
17 | ||
| - |
|
Common Wealth Genesis NFT Series 2
|
0,23 ETH
408,73 $
|
0.0% | 34.3% | 8.9% |
|
1.352.905 $
760,97 ETH
|
0,22 ETH
382,24 $
|
1 | ||
| - |
|
Natcats
|
0,003 BTC
178,44 $
|
0.0% | 5.0% | 9.8% |
|
1.438.945 $
22,90 BTC
|
0,006 BTC
370,07 $
|
2 | ||
| - |
|
Retardio Cousins
|
1,43 SOL
116,57 $
|
0.5% | 8.1% | 24.0% |
|
518.027 $
6.376 SOL
|
4,70 SOL
381,88 $
|
2 | ||
| - |
|
1000X GEM
|
6,33 SOL
514,02 $
|
3.1% | 15.0% | 22.7% |
|
1.027.522 $
12.646 SOL
|
4,57 SOL
371,53 $
|
1 | ||
| - |
|
Transdimensional Fox Federation
|
1,82 SOL
148,27 $
|
3.3% | 9.2% | 9.1% |
|
1.153.361 $
14.195 SOL
|
4,40 SOL
357,44 $
|
2 | ||
| - |
|
Cambria Founders
|
0,24 ETH
427,58 $
|
1.7% | 3.8% | 2.2% |
|
641.375 $
360,75 ETH
|
0,20 ETH
352,02 $
|
1 | ||
| - |
|
DeepBlack
|
0,16 ETH
284,28 $
|
0.0% | 5.9% | 13.6% |
|
873.882 $
491,53 ETH
|
0,20 ETH
350,24 $
|
1 | ||
| - |
|
CENTS
|
0,005 BTC
323,58 $
|
0.0% | 0.8% | 10.8% |
|
3.236.129 $
51,51 BTC
|
0,005 BTC
333,01 $
|
1 | ||
| - |
|
Otherdeed for Otherside
|
Kupi
|
0,089 ETH
157,76 $
|
0.3% | 6.0% | 31.7% |
|
7.449.573 $
4.190 ETH
|
0,19 ETH
343,13 $
|
2 | |
| - |
|
Moki Genesis
|
1.055 RON
63,74 $
|
0.0% | 2.8% | 2.9% |
|
566.554 $
9.376.840 RON
|
5.499 RON
332,24 $
|
6 | ||
| - |
|
Sunflower Land
|
0,0002 ETH
0,353583 $
|
0.1% | 8.8% | 2.3% |
|
93.262 $
52,46 ETH
|
0,18 ETH
324,16 $
|
5 | ||
| - |
|
Cursed Bitcoin Punks
|
0,0005 BTC
29,47 $
|
0.0% | 100.4% | 4.2% |
|
294.678 $
4,69 BTC
|
0,005 BTC
314,16 $
|
14 | ||
| - |
|
SOL Decoder
|
0,96 SOL
78,12 $
|
10.6% | 27.4% | 31.1% |
|
310.611 $
3.823 SOL
|
3,95 SOL
320,93 $
|
4 | ||
| - |
|
Mara
|
0,003 ETH
6,22 $
|
0.0% | 0.0% | 17.5% |
|
252.507 $
142,03 ETH
|
0,18 ETH
314,75 $
|
10 | ||
| - |
|
The Memes by 6529
|
0,017 ETH
30,39 $
|
0.0% | 1.3% | 10.4% |
|
6.478.692 $
3.644 ETH
|
0,18 ETH
311,13 $
|
2 | ||
| - |
|
The Misfits Order
|
0,46 SOL
37,38 $
|
2.2% | 4.9% | 29.9% |
|
186.915 $
2.300 SOL
|
3,82 SOL
310,59 $
|
6 | ||
| - |
|
Trademark by Jack Butcher
|
0,013 ETH
23,19 $
|
4.4% | 8.1% | 9.9% |
|
231.886 $
130,43 ETH
|
0,17 ETH
309,36 $
|
6 | ||
| - |
|
BASC Collection
|
0,49 SOL
39,47 $
|
0.1% | 0.1% | 0.1% |
|
391.388 $
4.817 SOL
|
3,74 SOL
303,97 $
|
7 | ||
| - |
|
ENS: Ethereum Name Service
|
0,0000 ETH
0,04355784 $
|
0.0% | 0.4% | 1.2% |
|
178.708 $
100,52 ETH
|
0,17 ETH
302,59 $
|
3 | ||
| - |
|
Gambulls
|
0,89 SOL
72,35 $
|
2.2% | 27.9% | 27.9% |
|
236.009 $
2.905 SOL
|
3,55 SOL
288,69 $
|
4 | ||
| - |
|
/// by Snowfro
|
0,049 ETH
86,88 $
|
0.0% | 31.6% | 31.6% |
|
173.769 $
97,74 ETH
|
0,16 ETH
280,85 $
|
4 | ||
| - |
|
GMX Blueberry Club
|
0,13 ETH
238,06 $
|
2.3% | 0.0% | 0.0% |
|
2.380.570 $
1.339 ETH
|
0,16 ETH
278,95 $
|
1 | ||
| - |
|
Async Blueprints
|
0,001 ETH
1,96 $
|
0.0% | 0.0% | 14.7% |
|
47.370 $
26,64 ETH
|
0,15 ETH
273,69 $
|
5 | ||
| - |
|
Gigaverse ROMs
|
0,025 ETH
44,71 $
|
6.8% | 74.8% | 35.5% |
|
447.135 $
251,50 ETH
|
0,15 ETH
273,23 $
|
5 | ||
| - |
|
Wealthy Hypio Babies
|
0,10 ETH
184,10 $
|
0.8% | 4.5% | 32.5% |
|
1.022.678 $
575,23 ETH
|
0,15 ETH
268,49 $
|
2 | ||
| - |
|
BotanNFT
|
0,19 BNB
113,24 $
|
0.0% | 0.0% | 0.0% |
|
880.697 $
1.499 BNB
|
0,46 BNB
267,42 $
|
- | ||
| - |
|
RTFKT Project Animus
|
0,036 ETH
63,82 $
|
8.0% | 14.0% | 43.6% |
|
780.284 $
438,89 ETH
|
0,15 ETH
266,68 $
|
1 | ||
| - |
|
The Wizards of Ord
|
0,005 BTC
339,29 $
|
5.3% | 17.8% | 35.0% |
|
1.130.848 $
18,00 BTC
|
0,004 BTC
254,35 $
|
1 | ||
| - |
|
G3M NFT Series
|
0,0000 BNB
0,000000000000000588 $
|
0.0% | 0.0% | 0.0% |
|
0,000000000507254 $
0,0000 BNB
|
0,44 BNB
260,45 $
|
- | ||
| - |
|
Rafflor
|
2,59 SOL
210,52 $
|
0.0% | 3.4% | 2.3% |
|
261.250 $
3.215 SOL
|
3,20 SOL
260,00 $
|
1 | ||
| - |
|
Bitcoin Bandits
|
0,004 BTC
267,03 $
|
0.0% | 6.8% | 14.8% |
|
136.721 $
2,18 BTC
|
0,004 BTC
250,07 $
|
1 | ||
| - |
|
Skellie
|
0,030 ETH
53,16 $
|
50.3% | 57.5% | 70.9% |
|
132.896 $
74,75 ETH
|
0,14 ETH
251,92 $
|
- | ||
| - |
|
MidEvil
|
0,90 SOL
73,16 $
|
3.0% | 6.7% | 7.7% |
|
365.779 $
4.502 SOL
|
3,05 SOL
247,82 $
|
3 | ||
| - |
|
PennyMoon NFTs
|
0,010 BNB
5,88 $
|
0.0% | 0.0% | 0.0% |
|
11,76 $
0,020 BNB
|
0,41 BNB
238,04 $
|
- | ||
| - |
|
Radbro Webring V2
|
0,033 ETH
58,58 $
|
4.5% | 4.5% | 21.5% |
|
292.904 $
164,75 ETH
|
0,13 ETH
226,69 $
|
5 | ||
| - |
|
Trump Digital Trading Cards
|
0,040 ETH
70,35 $
|
0.6% | 20.3% | 44.5% |
|
3.165.618 $
1.781 ETH
|
0,13 ETH
226,43 $
|
3 | ||
| - |
|
Solanascape Party Hats
|
1,91 SOL
154,98 $
|
15.0% | 0.0% | 0.0% |
|
15.342,91 $
188,83 SOL
|
2,76 SOL
224,25 $
|
2 | ||
| - |
|
CryptoUndeads
|
0,43 SOL
34,69 $
|
0.0% | 23.5% | 90.8% |
|
346.843 $
4.269 SOL
|
2,76 SOL
224,08 $
|
6 | ||
| - |
|
Solarians
|
2,02 SOL
164,10 $
|
0.0% | 1.0% | 1.0% |
|
1.624.216 $
19.990 SOL
|
2,64 SOL
214,50 $
|
1 | ||
| - |
|
The Legend of CØCKPUNCH™
|
0,25 ETH
444,47 $
|
317.2% | 125.7% | 117.4% |
|
2.469.019 $
1.389 ETH
|
0,12 ETH
212,94 $
|
2 | ||
| - |
|
GLHF
|
0,11 ETH
193,52 $
|
5.2% | 2.2% | 36.0% |
|
686.407 $
386,08 ETH
|
0,12 ETH
211,11 $
|
1 | ||
| - |
|
Pome Survival Companion Pet
|
0,30 BNB
176,28 $
|
0.0% | 0.0% | 696.1% |
|
529.890 $
901,80 BNB
|
0,35 BNB
205,64 $
|
6 | ||
| - |
|
TOPIA Worlds
|
0,017 ETH
30,79 $
|
14.2% | 37.0% | 35.8% |
|
307.896 $
173,18 ETH
|
0,12 ETH
205,73 $
|
7 | ||
| - |
|
ABC
|
0,59 SOL
48,07 $
|
0.0% | 0.0% | 161.8% |
|
95.223 $
1.172 SOL
|
2,52 SOL
204,75 $
|
2 | ||
| - |
|
Decentraland
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0,039 ETH
69,34 $
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4.0% | 14.7% | 680.0% |
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6.837.111 $
3.846 ETH
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0,11 ETH
203,57 $
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God Hates NFTees
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0,044 ETH
78,23 $
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1.8% | 23.1% | 30.7% |
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392.851 $
220,97 ETH
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0,11 ETH
203,57 $
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sharx by sharky.fi
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0,32 SOL
26,35 $
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8.7% | 3.6% | 18.9% |
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266.393 $
3.279 SOL
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2,45 SOL
199,38 $
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3D Invisible Friends
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0,028 ETH
49,78 $
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41.6% | 17.2% | 3.4% |
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248.902 $
140,00 ETH
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0,11 ETH
194,68 $
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Oblivion by Nullish
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0,005 BTC
307,24 $
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0.0% | 29.1% | 33.9% |
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170.213 $
2,71 BTC
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0,003 BTC
188,49 $
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$DOG | Ordinals - SZN II B9-450x
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0,004 BTC
251,32 $
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0.0% | 111.6% | 67.4% |
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0,00 kn
0 BTC
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0,003 BTC
188,49 $
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Thetan Hero
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1,00 BNB
587,59 $
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0.0% | 0.0% | 900.0% |
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209.275.411 $
356.158 BNB
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0,33 BNB
194,34 $
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DogePunks
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0,0004 BTC
21,99 $
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45.8% | 0.0% | 16.7% |
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219.909 $
3,50 BTC
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0,003 BTC
188,43 $
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Fomojis 2.0
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0,002 BTC
124,41 $
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0.0% | 15.7% | 5.9% |
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249.931 $
3,98 BTC
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0,003 BTC
187,24 $
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GAINZ
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2,43 SOL
197,62 $
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2.3% | 0.5% | 13.1% |
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658.673 $
8.107 SOL
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2,36 SOL
191,77 $
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What Are NFTs?
A non-fungible token (NFT) is a digital asset or a unique identifier that assigns, links, or proves ownership of unique physical and digital goods. These goods can be anything ranging from artwork, music, digital real estate, or videos. In simple terms, NFTs are unique crypto tokens managed on a blockchain and they can be considered as modern-day collectibles. Each NFT is coded with a unique ID and other metadata that are impossible to replicate on other tokens. The blockchain acts as a decentralized ledger that is used to track the transaction history and ownership of the NFT, and this makes it difficult to be counterfeited or altered. Any digital object can become an NFT and anyone can make an NFT. To convert a digital object to an NFT, you just need to mint or put the object on the blockchain as a token and put the digital artwork for sale. NFT creators can choose to attach a commission to the file and get paid for every sale or resale of the file.
What is a NFT floor price?
Floor price refers to the lowest price for an NFT collection that someone can buy directly from the market. You can now track market data for NFT collections using our new API 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
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.