Harga Koleksi NFT Teratas yang Diperingkat Berdasarkan Kapitalisasi Pasar
| # | NFT | Harga Terendah | 24j | 7h | 30h | 7 Hari Terakhir | Kap Pasar | Volume 24J | Penjualan 24j | |||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 101 |
|
Drifella III
|
0,59 SOL
$45,51
|
0.0% | 0.0% | 0.0% |
|
$60.658
784,47 SOL
|
85,41 SOL
$6.604,04
|
111 | ||
| 102 |
|
Sprotoladys
|
0,004 ETH
$8,51
|
125.4% | 164.8% | 0.2% |
|
$37.814
19,51 ETH
|
1,00 ETH
$1.929,61
|
52 | ||
| 103 |
|
The Magus Official
|
0,004 ETH
$7,73
|
0.0% | 0.0% | 0.0% |
|
$6.581,33
3,40 ETH
|
0,83 ETH
$1.600,83
|
- | ||
| 104 |
|
Trump Bitcoin Digital Trading Cards
|
0,075 BTC
$5.104,93
|
0.0% | 0.0% | 0.0% |
|
$5.104,93
0,075 BTC
|
0,031 BTC
$2.110,04
|
1 | ||
| 105 |
|
Bonk Puppets
|
0,023 SOL
$1,79
|
0.0% | 0.0% | 0.0% |
|
$3.924,24
50,75 SOL
|
55,92 SOL
$4.323,67
|
2.241 | ||
| - |
|
Otherside Koda
|
0,73 ETH
$1.414,73
|
0.0% | 0.0% | 0.0% |
|
$11.755.021
6.065 ETH
|
2,15 ETH
$4.167,25
|
2 | ||
| - |
|
The Memes by 6529
|
0,016 ETH
$31,55
|
3.4% | 3.9% | 5.7% |
|
$6.584.292
3.397 ETH
|
2,12 ETH
$4.102,78
|
93 | ||
| - |
|
Moonbirds: Mythics
|
0,11 ETH
$212,43
|
0.0% | 12.4% | 4.7% |
|
$2.076.107
1.071 ETH
|
0,52 ETH
$1.001,88
|
6 | ||
| - |
|
SMB Gen3
|
2,33 SOL
$180,37
|
2.3% | 0.9% | 5.3% |
|
$1.500.642
19.407 SOL
|
12,90 SOL
$997,79
|
6 | ||
| - |
|
goblintown.wtf
|
0,15 ETH
$288,80
|
0.0% | 0.0% | 0.0% |
|
$2.784.034
1.436 ETH
|
0,51 ETH
$997,27
|
6 | ||
| - |
|
MoonCats - Acclimated
|
0,16 ETH
$305,28
|
0.0% | 4.5% | 3.0% |
|
$6.375.067
3.289 ETH
|
0,50 ETH
$978,82
|
3 | ||
| - |
|
Transdimensional Fox Federation
|
1,69 SOL
$130,92
|
6.5% | 21.3% | 1.3% |
|
$1.018.464
13.171 SOL
|
12,39 SOL
$958,23
|
8 | ||
| - |
|
Nippy: Magnet for Mischief
|
0,038 ETH
$73,65
|
0.0% | 3.2% | 29.3% |
|
$237.312
122,44 ETH
|
0,49 ETH
$952,13
|
19 | ||
| - |
|
Trench Warriors
|
0,15 SOL
$11,67
|
0.0% | 7.3% | 7.3% |
|
$49.440
639,39 SOL
|
12,29 SOL
$950,67
|
58 | ||
| - |
|
The Potatoz
|
0,091 ETH
$175,85
|
4.3% | 21.1% | 25.9% |
|
$1.758.317
907,16 ETH
|
0,48 ETH
$934,43
|
4 | ||
| - |
|
Weird Whales
|
0,099 ETH
$191,81
|
0.0% | 0.0% | 724.7% |
|
$642.563
331,52 ETH
|
0,47 ETH
$903,24
|
5 | ||
| - |
|
Bitcoin Wizards
|
0,014 BTC
$918,89
|
0.0% | 4.9% | 10.0% |
|
$1.229.471
18,06 BTC
|
0,013 BTC
$905,27
|
1 | ||
| - |
|
Drifters: Masterwork
|
0,34 SOL
$26,48
|
15.8% | 44.1% | 41.3% |
|
$219.166
2.834 SOL
|
11,65 SOL
$901,13
|
22 | ||
| - |
|
Space Doodles
|
0,70 ETH
$1.347,09
|
17.9% | 2.8% | 19.2% |
|
$10.167.823
5.246 ETH
|
0,47 ETH
$901,29
|
1 | ||
| - |
|
based punks
|
0,055 ETH
$106,29
|
0.0% | 16.7% | 60.6% |
|
$531.459
274,19 ETH
|
0,45 ETH
$869,11
|
4 | ||
| - |
|
BTC DeGods
|
0,017 BTC
$1.123,08
|
0.0% | 33.7% | 17.5% |
|
$600.850
8,83 BTC
|
0,012 BTC
$827,00
|
1 | ||
| - |
|
rektguy
|
0,22 ETH
$428,79
|
0.0% | 0.0% | 14.1% |
|
$3.779.385
1.950 ETH
|
0,41 ETH
$786,93
|
2 | ||
| - |
|
Impostors Genesis Aliens
|
0,075 ETH
$145,37
|
10.6% | 6.3% | 25.0% |
|
$1.514.727
781,49 ETH
|
0,40 ETH
$769,10
|
6 | ||
| - |
|
Heavy Liquid Graphic
|
0,66 SOL
$51,30
|
1.6% | 1.6% | 1.6% |
|
$51.245
662,74 SOL
|
9,91 SOL
$765,92
|
13 | ||
| - |
|
MidEvil
|
0,98 SOL
$75,63
|
0.1% | 0.3% | 15.1% |
|
$378.145
4.890 SOL
|
9,54 SOL
$737,31
|
8 | ||
| - |
|
Sappy Seals
|
0,13 ETH
$261,47
|
0.0% | 9.8% | 8.6% |
|
$2.613.924
1.349 ETH
|
0,37 ETH
$720,84
|
4 | ||
| - |
|
<Player2>
|
0,24 SOL
$18,70
|
10.2% | 1.7% | 27.3% |
|
$146.016
1.888 SOL
|
9,23 SOL
$713,77
|
8 | ||
| - |
|
OnChainMonkey (OCM) Genesis
|
0,012 BTC
$815,43
|
0.0% | 4.2% | 4.3% |
|
$8.154.276
119,80 BTC
|
0,009 BTC
$619,40
|
1 | ||
| - |
|
Polychain Monsters | BNB Chain
|
50,00 BNB
$33.688
|
0.0% | 7042.9% | 111011.1% |
|
$17.264.228.634
25.623.750 BNB
|
1,05 BNB
$709,84
|
10 | ||
| - |
|
Zecrey Chameleon Avatar
|
0,50 BNB
$336,88
|
4.4% | 14.2% | 823.5% |
|
$1.581.312
2.347 BNB
|
1,01 BNB
$683,23
|
3 | ||
| - |
|
Collector Crypt RWA Tokenized Trading Card Club Membership Pass
|
9,30 SOL
$718,98
|
0.0% | 34.8% | 1.0% |
|
$718.980
9.298 SOL
|
8,69 SOL
$671,87
|
1 | ||
| - |
|
CrypToadz
|
0,34 ETH
$668,13
|
0.0% | 4.2% | 25.1% |
|
$4.691.575
2.421 ETH
|
0,34 ETH
$668,12
|
1 | ||
| - |
|
BullBears
|
0,20 SOL
$15,50
|
10.7% | 5.1% | 34.9% |
|
$120.459
1.558 SOL
|
8,60 SOL
$664,63
|
29 | ||
| - |
|
Dead King Society Nobles
|
8,56 SOL
$661,89
|
23.1% | 23.1% | 49.8% |
|
$198.568
2.568 SOL
|
8,59 SOL
$664,20
|
1 | ||
| - |
|
Taiji Labs Genesis Keys
|
0,15 ETH
$284,54
|
22.3% | 0.7% | 18.0% |
|
$113.814
58,72 ETH
|
0,34 ETH
$655,13
|
3 | ||
| - |
|
Doge Friends
|
0,39 BNB
$265,82
|
0.0% | 0.0% | 0.0% |
|
$79.746
118,36 BNB
|
0,97 BNB
$654,05
|
- | ||
| - |
|
Yokai Avengers
|
0,003 BTC
$223,94
|
37.1% | 26.1% | 15.4% |
|
$150.485
2,21 BTC
|
0,010 BTC
$646,62
|
4 | ||
| - |
|
y00ts (Solana)
|
1,05 SOL
$81,01
|
1.5% | 0.1% | 24.6% |
|
$644.518
8.335 SOL
|
8,23 SOL
$636,07
|
8 | ||
| - |
|
OCM Genesis by OnChainMonkey®
|
0,012 BTC
$815,43
|
0.0% | 4.2% | 4.3% |
|
$8.154.276
119,80 BTC
|
0,009 BTC
$619,40
|
1 | ||
| - |
|
1000X GEM
|
7,90 SOL
$610,60
|
7.7% | 13.5% | 13.1% |
|
$1.220.580
15.785 SOL
|
7,84 SOL
$606,14
|
1 | ||
| - |
|
THE SHIBOSHIS
|
0,028 ETH
$54,27
|
22.2% | 22.2% | 29.7% |
|
$542.638
279,96 ETH
|
0,31 ETH
$599,50
|
10 | ||
| - |
|
My Curio Cards
|
0,051 ETH
$98,85
|
5.6% | 15.0% | 16.4% |
|
$2.110.075
1.089 ETH
|
0,30 ETH
$587,29
|
2 | ||
| - |
|
Yumemono ☆ 夢物
|
0,026 ETH
$50,39
|
20.3% | 8.0% | 24.2% |
|
$262.042
135,19 ETH
|
0,30 ETH
$574,75
|
14 | ||
| - |
|
SMOWL
|
0,062 ETH
$121,14
|
4.2% | 21.6% | 45.7% |
|
$508.429
262,31 ETH
|
0,29 ETH
$569,07
|
5 | ||
| - |
|
Alpha Gardeners
|
4,68 SOL
$361,79
|
9.5% | 14.6% | 10.1% |
|
$178.722
2.311 SOL
|
7,18 SOL
$554,88
|
2 | ||
| - |
|
The Llamas
|
0,98 ETH
$1.899,49
|
117.8% | 184.5% | 239.0% |
|
$2.110.335
1.089 ETH
|
0,28 ETH
$548,53
|
1 | ||
| - |
|
Pizza Ninjas
|
0,009 BTC
$593,53
|
0.0% | 0.9% | 17.7% |
|
$890.300
13,08 BTC
|
0,008 BTC
$546,57
|
1 | ||
| - |
|
BTC Machines
|
0,009 BTC
$595,58
|
1.7% | 7.4% | 9.4% |
|
$462.762
6,80 BTC
|
0,008 BTC
$544,53
|
1 | ||
| - |
|
Liminals
|
0,089 SOL
$6,92
|
12.4% | 11.4% | 15.4% |
|
$23.057
298,18 SOL
|
7,02 SOL
$542,85
|
59 | ||
| - |
|
Froganas
|
Beli
|
0,48 SOL
$37,46
|
4.9% | 21.8% | 29.0% |
|
$208.109
2.691 SOL
|
6,96 SOL
$537,80
|
15 | |
| - |
|
Okay Bears
|
Beli
|
1,71 SOL
$132,30
|
0.0% | 18.0% | 9.4% |
|
$1.304.171
16.866 SOL
|
6,87 SOL
$531,44
|
4 | |
| - |
|
Kanpai Pandas
|
0,047 ETH
$91,10
|
0.0% | 2.1% | 31.9% |
|
$804.032
414,82 ETH
|
0,27 ETH
$514,99
|
6 | ||
| - |
|
VeeFriends Series 2
|
0,077 ETH
$148,66
|
0.0% | 1.2% | 8.7% |
|
$8.217.716
4.240 ETH
|
0,26 ETH
$501,62
|
3 | ||
| - |
|
World of Women
|
0,13 ETH
$248,83
|
5.9% | 0.0% | 14.1% |
|
$2.488.332
1.284 ETH
|
0,26 ETH
$501,37
|
2 | ||
| - |
|
Soul Gate: Hero Cartridges
|
0,24 SOL
$18,18
|
27.3% | 28.5% | 25.3% |
|
$36.336
469,92 SOL
|
6,35 SOL
$491,22
|
28 | ||
| - |
|
Motocat Racing Club
|
0,008 BTC
$528,80
|
0.0% | 20.7% | 33.9% |
|
Rp0,00
0 BTC
|
0,007 BTC
$476,46
|
1 | ||
| - |
|
Visions of the Void
|
0,008 ETH
$14,54
|
0.0% | 0.0% | 163.4% |
|
$64.602
33,33 ETH
|
0,24 ETH
$472,67
|
13 | ||
| - |
|
Persona
|
0,040 ETH
$77,53
|
0.0% | 0.0% | 29.1% |
|
$688.090
355,00 ETH
|
0,24 ETH
$468,83
|
10 | ||
| - |
|
Wealthy Hypio Babies
|
15,66 HYPE
$1.132,65
|
11.9% | 44.5% | 42.4% |
|
$6.115.203
84.548 HYPE
|
6,40 HYPE
$462,57
|
28 | ||
| - |
|
AOI Engine
|
0,003 ETH
$5,33
|
0.0% | 0.0% | 1.1% |
|
$86.712
44,74 ETH
|
0,24 ETH
$465,18
|
10 | ||
| - |
|
Moki Genesis
|
1.070 RON
$85,08
|
6.4% | 33.8% | 5.1% |
|
$756.216
9.510.160 RON
|
5.499 RON
$437,25
|
6 | ||
| - |
|
Fragments of an Infinite Field by Monica Rizzolli
|
0,29 ETH
$562,09
|
0.0% | 14.7% | 14.7% |
|
$575.581
296,96 ETH
|
0,22 ETH
$430,29
|
1 | ||
| - |
|
Common Wealth Genesis NFT Series 2
|
0,23 ETH
$445,61
|
0.0% | 34.3% | 8.9% |
|
$1.474.953
760,97 ETH
|
0,22 ETH
$416,73
|
1 | ||
| - |
|
My Pet Hooligan
|
0,065 ETH
$125,76
|
24.0% | 0.0% | 11.1% |
|
$1.117.789
576,70 ETH
|
0,21 ETH
$413,43
|
5 | ||
| - |
|
Hegends
|
0,17 SOL
$13,52
|
51.8% | 51.8% | 51.8% |
|
$30.050
388,63 SOL
|
5,29 SOL
$408,71
|
34 | ||
| - |
|
Gigaverse ROMs
|
0,042 ETH
$81,41
|
6.0% | 7.9% | 14.1% |
|
$814.068
420,00 ETH
|
0,21 ETH
$404,32
|
4 | ||
| - |
|
Natcats
|
0,003 BTC
$193,31
|
0.0% | 5.0% | 9.8% |
|
$1.558.825
22,90 BTC
|
0,006 BTC
$400,90
|
2 | ||
| - |
|
DigiDaigaku Super Villains
|
0,085 ETH
$164,54
|
0.0% | 0.0% | 72.2% |
|
$519.613
268,08 ETH
|
0,20 ETH
$394,63
|
10 | ||
| - |
|
Retardio Cousins
|
1,34 SOL
$103,75
|
5.8% | 26.2% | 3.2% |
|
$461.068
5.963 SOL
|
5,01 SOL
$387,42
|
4 | ||
| - |
|
Real Vision Pro Crypto Genesis Collection
|
0,71 ETH
$1.370,35
|
135.7% | 135.7% | 614.1% |
|
$5.112.767
2.638 ETH
|
0,20 ETH
$387,65
|
1 | ||
| - |
|
CyberKongz (Babies)
|
0,21 ETH
$397,34
|
2.5% | 10.5% | 19.6% |
|
$1.589.371
820,00 ETH
|
0,20 ETH
$387,65
|
1 | ||
| - |
|
RTFKT Project Animus
|
0,025 ETH
$48,46
|
0.0% | 0.0% | 36.7% |
|
$592.477
305,68 ETH
|
0,20 ETH
$384,86
|
5 | ||
| - |
|
Gamba Dogs
|
4,07 SOL
$314,73
|
2.6% | 14.6% | 15.5% |
|
$629.459
8.141 SOL
|
4,78 SOL
$369,61
|
1 | ||
| - |
|
Tomorrowland: The Symbol of Love and Unity
|
1,55 SOL
$119,88
|
0.0% | 34.5% | 0.3% |
|
$778.879
10.073 SOL
|
4,89 SOL
$378,11
|
3 | ||
| - |
|
BASC Collection
|
0,48 SOL
$37,39
|
11.0% | 3.3% | 11.0% |
|
$370.733
4.795 SOL
|
4,78 SOL
$369,73
|
10 | ||
| - |
|
Galaxy Eggs
|
0,030 ETH
$58,15
|
50.8% | 0.0% | 36.4% |
|
$581.361
299,94 ETH
|
0,19 ETH
$367,30
|
15 | ||
| - |
|
Zinu's Zombie Mob Secret Society
|
0,029 ETH
$56,44
|
0.0% | 0.0% | 109.2% |
|
$564.420
291,20 ETH
|
0,19 ETH
$367,06
|
8 | ||
| - |
|
Murakami.Flowers Official
|
0,16 ETH
$318,65
|
0.1% | 15.4% | 16.5% |
|
$3.248.312
1.676 ETH
|
0,19 ETH
$362,45
|
1 | ||
| - |
|
CENTS
|
0,005 BTC
$350,54
|
0.0% | 0.8% | 10.8% |
|
$3.505.736
51,51 BTC
|
0,005 BTC
$360,75
|
1 | ||
| - |
|
Rafflor
|
2,47 SOL
$191,24
|
0.4% | 2.4% | 6.1% |
|
$236.752
3.062 SOL
|
4,60 SOL
$355,54
|
2 | ||
| - |
|
Tubby Cats
|
0,025 ETH
$49,42
|
0.0% | 13.3% | 22.1% |
|
$988.373
509,93 ETH
|
0,18 ETH
$353,00
|
11 | ||
| - |
|
Angry Dynomites Lab - Water Dynos
|
0,18 ETH
$352,76
|
0.0% | 13.8% | 20.9% |
|
$529.144
273,00 ETH
|
0,18 ETH
$348,89
|
1 | ||
| - |
|
The Long Lost
|
0,028 ETH
$54,27
|
49.0% | 49.0% | 61.6% |
|
$542.712
280,00 ETH
|
0,18 ETH
$345,19
|
10 | ||
| - |
|
Critters Quest
|
2,16 SOL
$166,66
|
8.4% | 11.9% | 33.9% |
|
$583.297
7.544 SOL
|
4,38 SOL
$338,91
|
1 | ||
| - |
|
Cursed Bitcoin Punks
|
0,0005 BTC
$31,92
|
0.0% | 100.4% | 4.2% |
|
$319.228
4,69 BTC
|
0,005 BTC
$340,33
|
14 | ||
| - |
|
Highrise LAND
|
0,19 ETH
$366,32
|
11.2% | 11.2% | 2.5% |
|
$1.088.700
561,69 ETH
|
0,17 ETH
$325,63
|
1 | ||
| - |
|
Nakamigos CLOAKS
|
0,016 ETH
$31,01
|
0.0% | 20.8% | 16.4% |
|
$620.242
320,00 ETH
|
0,17 ETH
$323,50
|
13 | ||
| - |
|
Crypto Trading Cards (1880-1979)
|
0,19 ETH
$366,33
|
0.0% | 0.0% | 34.8% |
|
$306.619
158,19 ETH
|
0,17 ETH
$321,75
|
1 | ||
| - |
|
Parallel Avatars
|
0,052 ETH
$100,81
|
0.0% | 9.6% | 17.0% |
|
$1.108.961
572,14 ETH
|
0,16 ETH
$312,87
|
4 | ||
| - |
|
Timeless
|
0,005 ETH
$10,29
|
19.1% | 19.1% | 18.0% |
|
$96.960
50,02 ETH
|
0,16 ETH
$311,10
|
20 | ||
| - |
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Quirklings
|
0,050 ETH
$96,44
|
3.4% | 20.3% | 9.5% |
|
$1.897.300
978,87 ETH
|
0,16 ETH
$308,18
|
3 | ||
| - |
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BotanNFT
|
0,19 BNB
$129,85
|
0.0% | 0.0% | 0.0% |
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$669.509
993,69 BNB
|
0,46 BNB
$306,64
|
- | ||
| - |
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SchizoPosters
|
0,12 ETH
$242,27
|
31.3% | 0.0% | 39.5% |
|
$1.345.592
694,23 ETH
|
0,16 ETH
$305,08
|
2 | ||
| - |
|
GMX Blueberry Club
|
0,13 ETH
$259,53
|
2.3% | 0.0% | 0.0% |
|
$2.595.326
1.339 ETH
|
0,16 ETH
$304,11
|
1 | ||
| - |
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Quack Heads
|
0,84 SOL
$65,05
|
1.0% | 16.3% | 31.2% |
|
$130.043
1.682 SOL
|
3,86 SOL
$298,62
|
5 | ||
| - |
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merge
|
0,029 ETH
$56,88
|
0.0% | 0.0% | 1.0% |
|
$1.175.366
606,40 ETH
|
0,15 ETH
$300,43
|
1 | ||
| - |
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G3M NFT Series
|
0,0000 BNB
$0,000000000000000674
|
0.0% | 0.0% | 0.0% |
|
$0,000000000581640
0,0000 BNB
|
0,44 BNB
$298,64
|
- | ||
| - |
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Wilder Beasts: Wolf
|
0,080 ETH
$155,06
|
0.0% | 0.0% | 33.4% |
|
$516.817
266,64 ETH
|
0,15 ETH
$292,68
|
1 | ||
| - |
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KILLABEARS
|
0,058 ETH
$111,87
|
28.8% | 0.0% | 12.7% |
|
$372.874
192,38 ETH
|
0,15 ETH
$290,74
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1 | ||
| - |
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G Tag
|
0,11 ETH
$213,21
|
0.0% | 0.0% | 120.0% |
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$2.313.736
1.194 ETH
|
0,15 ETH
$291,26
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5 | ||
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 Data NFT.
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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