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 | |||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - |
|
The Wizards of Ord
|
0,005 BTC
431,09 $
|
5.3% | 17.8% | 35.0% |
|
1.436.821 $
18,00 BTC
|
0,004 BTC
323,17 $
|
1 | ||
| - |
|
Skellie
|
0,030 ETH
67,86 $
|
50.3% | 57.5% | 70.9% |
|
169.656 $
74,75 ETH
|
0,14 ETH
321,61 $
|
- | ||
| - |
|
Bitcoin Bandits
|
0,004 BTC
339,28 $
|
0.0% | 6.8% | 14.8% |
|
173.713 $
2,18 BTC
|
0,004 BTC
317,73 $
|
1 | ||
| - |
|
Froganas
|
Kupi
|
0,67 SOL
61,02 $
|
1.8% | 2.6% | 7.0% |
|
338.978 $
3.714 SOL
|
3,45 SOL
315,31 $
|
5 | |
| - |
|
based staccs
|
0,64 SOL
58,30 $
|
37.3% | 43.6% | 54.0% |
|
54.339 $
595,35 SOL
|
3,44 SOL
313,92 $
|
6 | ||
| - |
|
BasePaint
|
0,0009 ETH
2,02 $
|
14.2% | 4.9% | 4.7% |
|
575.481 $
253,56 ETH
|
0,14 ETH
308,48 $
|
40 | ||
| - |
|
Kanpai Pandas
|
0,048 ETH
108,94 $
|
6.8% | 12.2% | 18.2% |
|
961.529 $
423,65 ETH
|
0,14 ETH
306,63 $
|
3 | ||
| - |
|
BotanNFT
|
0,19 BNB
129,07 $
|
0.0% | 0.0% | 0.0% |
|
665.472 $
993,69 BNB
|
0,46 BNB
304,79 $
|
- | ||
| - |
|
G*BOY Badges
|
0,32 SOL
29,59 $
|
4.1% | 10.3% | 35.2% |
|
44.387 $
486,32 SOL
|
3,31 SOL
301,95 $
|
4 | ||
| - |
|
G3M NFT Series
|
0,0000 BNB
0,000000000000000670 $
|
0.0% | 0.0% | 0.0% |
|
0,000000000578133 $
0,0000 BNB
|
0,44 BNB
296,84 $
|
- | ||
| - |
|
The Plague NFT
|
0,037 ETH
84,46 $
|
13.5% | 61.8% | 77.2% |
|
905.867 $
399,12 ETH
|
0,13 ETH
290,74 $
|
4 | ||
| - |
|
Aevon
|
0,084 SOL
7,67 $
|
16.7% | 47.8% | 47.8% |
|
17.062,17 $
186,94 SOL
|
3,06 SOL
278,98 $
|
30 | ||
| - |
|
Kemonokaki
|
0,018 ETH
40,39 $
|
2.4% | 9.6% | 1.1% |
|
403.906 $
177,96 ETH
|
0,12 ETH
278,96 $
|
7 | ||
| - |
|
The Warplets
|
0,001 ETH
3,29 $
|
0.1% | 14.7% | 27.5% |
|
161.647 $
71,22 ETH
|
0,12 ETH
274,32 $
|
72 | ||
| - |
|
6 RINGS
|
1,38 SOL
126,33 $
|
1.7% | 5.7% | 3.8% |
|
631.284 $
6.917 SOL
|
2,99 SOL
273,18 $
|
3 | ||
| - |
|
The Bosu Legacy
|
0,22 ETH
499,29 $
|
0.0% | 0.0% | 69.2% |
|
277.106 $
122,09 ETH
|
0,12 ETH
272,36 $
|
1 | ||
| - |
|
JITO CABAL
|
3,25 SOL
296,35 $
|
2.9% | 1.5% | 1.5% |
|
201.516 $
2.208 SOL
|
2,98 SOL
271,99 $
|
1 | ||
| - |
|
PennyMoon NFTs
|
0,010 BNB
6,70 $
|
0.0% | 0.0% | 0.0% |
|
13,41 $
0,020 BNB
|
0,41 BNB
271,30 $
|
- | ||
| - |
|
Portals
|
0,32 SOL
29,19 $
|
1.0% | 3.4% | 7.9% |
|
437.744 $
4.796 SOL
|
2,95 SOL
268,89 $
|
3 | ||
| - |
|
Coolman's Universe
|
0,015 ETH
35,18 $
|
11.9% | 30.8% | 21.1% |
|
351.666 $
154,94 ETH
|
0,11 ETH
252,61 $
|
6 | ||
| - |
|
CryptoUndeads
|
0,43 SOL
38,97 $
|
0.0% | 23.5% | 90.8% |
|
389.617 $
4.269 SOL
|
2,76 SOL
251,72 $
|
6 | ||
| - |
|
BoDoggos
|
0,97 SOL
88,69 $
|
9.3% | 20.7% | 20.6% |
|
771.348 $
8.451 SOL
|
2,76 SOL
252,16 $
|
3 | ||
| - |
|
God Hates NFTees
|
0,058 ETH
131,77 $
|
4.1% | 17.1% | 27.8% |
|
661.763 $
291,57 ETH
|
0,11 ETH
251,39 $
|
2 | ||
| - |
|
Wealthy Hypio Babies
|
15,66 HYPE
614,02 $
|
11.9% | 44.5% | 42.4% |
|
3.315.094 $
84.548 HYPE
|
6,40 HYPE
250,76 $
|
28 | ||
| - |
|
Smyths
|
1,46 SOL
133,04 $
|
0.4% | 0.4% | 6.0% |
|
591.250 $
6.478 SOL
|
2,74 SOL
250,45 $
|
2 | ||
| - |
|
Proof of Narnian NFT
|
0,13 ETH
288,24 $
|
4.5% | 5.2% | 9.2% |
|
960.718 $
423,29 ETH
|
0,11 ETH
249,66 $
|
1 | ||
| - |
|
Famous Fox Dens
|
3,15 SOL
287,86 $
|
4.6% | 20.7% | 57.0% |
|
863.567 $
9.462 SOL
|
2,73 SOL
248,99 $
|
1 | ||
| - |
|
Kreechures
|
0,38 SOL
34,47 $
|
0.0% | 24.7% | 94.9% |
|
137.075 $
1.502 SOL
|
2,72 SOL
248,47 $
|
9 | ||
| - |
|
Trump Digital Trading Cards Series 2
|
0,005 ETH
10,87 $
|
10.1% | 9.6% | 6.5% |
|
511.099 $
225,19 ETH
|
0,11 ETH
246,35 $
|
25 | ||
| - |
|
THC ᴸᵃᵇᶻ | The Growerz
|
0,91 SOL
82,95 $
|
3.8% | 34.1% | 40.7% |
|
193.693 $
2.122 SOL
|
2,67 SOL
243,69 $
|
3 | ||
| - |
|
Genesis pARticle pack
|
0,027 ETH
61,28 $
|
0.0% | 3.9% | 39.2% |
|
136.160 $
59,99 ETH
|
0,11 ETH
242,85 $
|
5 | ||
| - |
|
Moonbirds Oddities
|
0,11 ETH
239,66 $
|
2.0% | 16.4% | 5.8% |
|
1.449.464 $
638,63 ETH
|
0,11 ETH
240,56 $
|
1 | ||
| - |
|
UndeadsZombies
|
0,10 ETH
238,31 $
|
0.0% | 0.0% | 1.0% |
|
1.199.177 $
528,35 ETH
|
0,11 ETH
240,51 $
|
1 | ||
| - |
|
$DOG | Ordinals - SZN II B9-450x
|
0,004 BTC
319,33 $
|
0.0% | 111.6% | 67.4% |
|
0,00 kn
0 BTC
|
0,003 BTC
239,49 $
|
1 | ||
| - |
|
Oblivion by Nullish
|
0,005 BTC
390,38 $
|
0.0% | 29.1% | 33.9% |
|
216.268 $
2,71 BTC
|
0,003 BTC
239,49 $
|
1 | ||
| - |
|
DogePunks
|
0,0004 BTC
27,94 $
|
45.8% | 0.0% | 16.7% |
|
279.410 $
3,50 BTC
|
0,003 BTC
239,41 $
|
11 | ||
| - |
|
Fomojis 2.0
|
0,002 BTC
158,07 $
|
0.0% | 15.7% | 5.9% |
|
317.555 $
3,98 BTC
|
0,003 BTC
237,90 $
|
1 | ||
| - |
|
Pome Survival Companion Pet
|
0,30 BNB
200,91 $
|
0.0% | 0.0% | 696.1% |
|
603.932 $
901,80 BNB
|
0,35 BNB
234,38 $
|
6 | ||
| - |
|
Pop Art Cats by Matt Chessco
|
0,041 ETH
92,83 $
|
0.0% | 0.0% | 0.0% |
|
928.284 $
409,00 ETH
|
0,10 ETH
234,00 $
|
3 | ||
| - |
|
THE SHIBOSHIS
|
0,036 ETH
81,71 $
|
12.5% | 5.5% | 3.2% |
|
816.999 $
359,97 ETH
|
0,10 ETH
231,93 $
|
3 | ||
| - |
|
Rafflor
|
2,64 SOL
240,52 $
|
0.0% | 2.0% | 4.4% |
|
297.762 $
3.262 SOL
|
2,52 SOL
230,00 $
|
1 | ||
| - |
|
SchizoPosters
|
0,12 ETH
267,59 $
|
5.7% | 30.2% | 96.4% |
|
1.486.187 $
654,81 ETH
|
0,10 ETH
226,96 $
|
1 | ||
| - |
|
KPR
|
0,017 ETH
38,36 $
|
0.0% | 23.4% | 17.8% |
|
383.570 $
169,00 ETH
|
0,10 ETH
226,96 $
|
1 | ||
| - |
|
Garbage Friends
|
0,026 ETH
59,01 $
|
1.5% | 24.6% | 36.8% |
|
291.560 $
128,46 ETH
|
0,10 ETH
226,97 $
|
3 | ||
| - |
|
Zero Name Service
|
0,055 ETH
124,05 $
|
7.4% | 7.5% | 19.3% |
|
910.309 $
401,08 ETH
|
0,099 ETH
225,40 $
|
2 | ||
| - |
|
Jungle Bay
|
0,050 ETH
113,48 $
|
0.0% | 46.8% | 161.8% |
|
630.279 $
277,70 ETH
|
0,098 ETH
222,42 $
|
1 | ||
| - |
|
Thetan Hero
|
1,00 BNB
669,70 $
|
0.0% | 0.0% | 900.0% |
|
238.517.773 $
356.158 BNB
|
0,33 BNB
221,50 $
|
22 | ||
| - |
|
$DOG | Genesis
|
0,004 BTC
311,34 $
|
0.0% | 2.5% | 11.7% |
|
1.712.383 $
21,45 BTC
|
0,003 BTC
219,54 $
|
1 | ||
| - |
|
PoorTraits
|
0,0002 BTC
15,97 $
|
4.8% | 20.0% | 23.1% |
|
0,00 kn
0 BTC
|
0,003 BTC
217,94 $
|
13 | ||
| - |
|
$DOG | Ordinals - SZN I Genesis
|
0,004 BTC
311,34 $
|
0.0% | 2.5% | 11.7% |
|
1.712.383 $
21,45 BTC
|
0,003 BTC
219,54 $
|
1 | ||
| - |
|
RTFKT Animus Egg 🥚
|
0,029 ETH
65,82 $
|
79.9% | 51.7% | 48.8% |
|
1.316.393 $
580,00 ETH
|
0,095 ETH
216,46 $
|
5 | ||
| - |
|
Phanta Bear
|
0,019 ETH
43,58 $
|
1.9% | 13.0% | 11.0% |
|
435.769 $
192,00 ETH
|
0,095 ETH
216,30 $
|
6 | ||
| - |
|
Banx
|
0,052 SOL
4,75 $
|
58.1% | 58.1% | 58.1% |
|
36.938 $
404,70 SOL
|
2,35 SOL
214,22 $
|
34 | ||
| - |
|
MathVerse Land
|
5,00 BNB
3.348,48 $
|
0.0% | 5278.8% | 7860.7% |
|
8.371.206 $
12.500 BNB
|
0,32 BNB
213,85 $
|
1 | ||
| - |
|
Wizard of Alpha
|
1,28 SOL
116,65 $
|
0.5% | 14.8% | 38.7% |
|
190.482 $
2.087 SOL
|
2,34 SOL
213,44 $
|
2 | ||
| - |
|
Uprising Genesis: Origins
|
0,007 ETH
15,16 $
|
0.5% | 33.2% | 54.9% |
|
16.839,06 $
7,42 ETH
|
0,093 ETH
211,69 $
|
14 | ||
| - |
|
FewoWorld Fewos
|
0,015 ETH
33,36 $
|
234.9% | 206.9% | 158.4% |
|
600.547 $
264,60 ETH
|
0,093 ETH
210,85 $
|
18 | ||
| - |
|
Nomu OG
|
2,55 SOL
232,56 $
|
10.0% | 0.0% | 21.9% |
|
232.556 $
2.548 SOL
|
2,27 SOL
207,34 $
|
1 | ||
| - |
|
Oh Ottie!
|
0,012 ETH
26,37 $
|
10.5% | 10.5% | 15.8% |
|
52.746 $
23,24 ETH
|
0,091 ETH
206,99 $
|
13 | ||
| - |
|
Decentraland
|
0,045 ETH
102,13 $
|
0.0% | 0.0% | 2.3% |
|
10.071.118 $
4.437 ETH
|
0,091 ETH
206,54 $
|
2 | ||
| - |
|
Proud Kitty Gang
|
0,50 BNB
334,85 $
|
0.0% | 0.0% | 696.1% |
|
1.662.856 $
2.483 BNB
|
0,31 BNB
206,28 $
|
3 | ||
| - |
|
Shinsei Galverse Official
|
0,006 ETH
14,61 $
|
8.0% | 18.5% | 38.0% |
|
129.840 $
57,21 ETH
|
0,091 ETH
205,86 $
|
29 | ||
| - |
|
Planets
|
0,003 BTC
205,60 $
|
0.0% | 22.9% | 102.6% |
|
0,00 kn
0 BTC
|
0,003 BTC
205,60 $
|
1 | ||
| - |
|
Runestone
|
0,001 BTC
110,81 $
|
0.0% | 3.7% | 28.6% |
|
12.454.592 $
156,01 BTC
|
0,003 BTC
202,77 $
|
2 | ||
| - |
|
Peepos
|
0,003 BTC
239,49 $
|
0.0% | 40.0% | 40.0% |
|
100.588 $
1,26 BTC
|
0,003 BTC
201,97 $
|
2 | ||
| - |
|
Mutant Cartel Oath
|
0,007 ETH
15,88 $
|
81.1% | 77.0% | 29.9% |
|
26.025 $
11,47 ETH
|
0,088 ETH
199,57 $
|
5 | ||
| - |
|
The Royals
|
0,0004 BTC
29,94 $
|
0.0% | 3.0% | 3.8% |
|
301.763 $
3,78 BTC
|
0,002 BTC
198,06 $
|
7 | ||
| - |
|
sharx by sharky.fi
|
0,31 SOL
28,30 $
|
3.6% | 4.8% | 4.8% |
|
286.071 $
3.134 SOL
|
2,14 SOL
195,75 $
|
4 | ||
| - |
|
Bitcoin Philately
|
0,0007 BTC
53,49 $
|
16.2% | 9.5% | 21.2% |
|
0,00 kn
0 BTC
|
0,002 BTC
191,60 $
|
1 | ||
| - |
|
DOOMGODS
|
2,83 SOL
258,07 $
|
19.5% | 13.6% | 67.8% |
|
28.646 $
313,85 SOL
|
2,09 SOL
190,97 $
|
1 | ||
| - |
|
Caked Apes Official
|
0,012 ETH
26,74 $
|
0.1% | 1.3% | 53.0% |
|
237.578 $
104,68 ETH
|
0,084 ETH
190,65 $
|
2 | ||
| - |
|
Looki
|
0,031 ETH
71,21 $
|
1.9% | 3.0% | 21.6% |
|
624.389 $
275,10 ETH
|
0,084 ETH
189,74 $
|
3 | ||
| - |
|
Radbro Webring V2
|
0,035 ETH
78,98 $
|
0.3% | 12.1% | 38.1% |
|
394.904 $
173,99 ETH
|
0,083 ETH
188,26 $
|
2 | ||
| - |
|
Alien Frens Evolution
|
0,004 ETH
9,94 $
|
4.0% | 27.0% | 75.9% |
|
120.996 $
53,31 ETH
|
0,083 ETH
187,72 $
|
31 | ||
| - |
|
Apu Apustajas
|
0,082 ETH
186,06 $
|
0.0% | 75.3% | 174.5% |
|
1.447.026 $
637,56 ETH
|
0,082 ETH
186,07 $
|
1 | ||
| - |
|
Monke
|
0,34 SOL
31,38 $
|
17.3% | 28.5% | 28.5% |
|
10.512,17 $
115,17 SOL
|
2,01 SOL
183,45 $
|
6 | ||
| - |
|
The Art of Seasons
|
0,014 ETH
32,68 $
|
0.0% | 17.1% | 94.6% |
|
236.524 $
104,21 ETH
|
0,080 ETH
182,00 $
|
6 | ||
| - |
|
Bitcoin Frogs
|
0,004 BTC
319,33 $
|
29.0% | 11.1% | 17.3% |
|
3.193.256 $
40,00 BTC
|
0,002 BTC
175,80 $
|
1 | ||
| - |
|
Yuna Revelation BRC2.0
|
0,0008 BTC
63,79 $
|
0.0% | 0.0% | 39.5% |
|
0,00 kn
0 BTC
|
0,002 BTC
175,15 $
|
4 | ||
| - |
|
The Seven Seas: Captain
|
0,29 SOL
26,42 $
|
0.0% | 13.8% | 27.4% |
|
332.743 $
3.646 SOL
|
1,91 SOL
174,19 $
|
4 | ||
| - |
|
FGDNFT
|
0,44 BNB
295,04 $
|
0.0% | 0.0% | 0.0% |
|
2.259.150 $
3.373 BNB
|
0,25 BNB
170,68 $
|
- | ||
| - |
|
YuliOriginGenOne
|
500,00 BNB
334.848 $
|
0.0% | 0.0% | 38.9% |
|
1.739.536.707 $
2.597.500 BNB
|
0,25 BNB
169,62 $
|
5 | ||
| - |
|
Deadfrenz Collection
|
0,020 ETH
45,29 $
|
5.0% | 112.5% | 246.5% |
|
511.918 $
225,55 ETH
|
0,075 ETH
169,54 $
|
4 | ||
| - |
|
Solana Monke Rejects
|
0,37 SOL
33,93 $
|
21.5% | 21.5% | 413.3% |
|
203.603 $
2.231 SOL
|
1,85 SOL
168,84 $
|
5 | ||
| - |
|
Gemesis
|
0,011 ETH
25,08 $
|
0.0% | 20.8% | 1.3% |
|
2.376.413 $
1.047 ETH
|
0,074 ETH
168,18 $
|
7 | ||
| - |
|
AILU
|
0,002 BTC
191,60 $
|
14.0% | 17.0% | 4.8% |
|
402.350 $
5,04 BTC
|
0,002 BTC
167,65 $
|
1 | ||
| - |
|
Based Ape Gang
|
0,018 ETH
40,85 $
|
1.2% | 21.1% | 5.1% |
|
90.776 $
40,00 ETH
|
0,073 ETH
166,77 $
|
4 | ||
| - |
|
Real Vision Pro Crypto Genesis Collection
|
0,099 ETH
224,69 $
|
0.0% | 0.0% | 0.0% |
|
838.336 $
369,37 ETH
|
0,073 ETH
165,48 $
|
1 | ||
| - |
|
Loud Lords
|
0,12 SOL
10,98 $
|
17.6% | 3.2% | 9.4% |
|
11.091,24 $
121,52 SOL
|
1,79 SOL
163,29 $
|
11 | ||
| - |
|
OCM Katoshi Prime by OnChainMonkey®
|
0,001 BTC
93,05 $
|
0.0% | 22.3% | 26.6% |
|
0,00 kn
0 BTC
|
0,002 BTC
159,66 $
|
1 | ||
| - |
|
NodeRocks
|
0,0004 BTC
35,84 $
|
0.0% | 49.7% | 124.5% |
|
358.443 $
4,49 BTC
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0,002 BTC
159,66 $
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The Doge Pound
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0,042 ETH
94,69 $
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24.1% | 69.5% | 157.6% |
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946.703 $
417,12 ETH
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0,069 ETH
156,61 $
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3D Invisible Friends
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0,029 ETH
66,81 $
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1.5% | 17.8% | 24.4% |
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334.060 $
147,19 ETH
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0,069 ETH
156,38 $
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Lil Chillers
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0,84 SOL
76,30 $
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10.8% | 63.9% | 33.3% |
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254.470 $
2.788 SOL
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1,69 SOL
154,33 $
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Claynosaurz: Clay
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0,28 SOL
25,62 $
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6.7% | 15.3% | 11.1% |
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588.873 $
6.452 SOL
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1,66 SOL
151,79 $
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First First NFTs
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0,021 ETH
47,66 $
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4.6% | 9.0% | 20.0% |
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238.110 $
104,91 ETH
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0,066 ETH
149,57 $
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Neo Tokyo Outer Citizen V2
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0,092 ETH
208,20 $
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13.5% | 13.5% | 3.4% |
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745.569 $
328,50 ETH
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0,066 ETH
148,89 $
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2048 by Harto
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0,0005 BTC
38,16 $
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0.0% | 0.2% | 36.6% |
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0,00 kn
0 BTC
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0,002 BTC
145,21 $
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ALTS by adidas
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0,011 ETH
24,82 $
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0.0% | 25.4% | 31.0% |
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497.976 $
219,41 ETH
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0,064 ETH
144,65 $
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WPNZ
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0,001 BTC
79,83 $
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0.0% | 16.7% | 16.7% |
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0,00 kn
0 BTC
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0,002 BTC
139,70 $
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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.
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