Raccolte dei principali BNB Smart Chain NFT classificate in volume di trading in 24 ore
# | NFT | Prezzo minimo | 24h% | Ultimi 7 giorni | Cap. di mercato | Volume in 24 ore | Vendite 24h | Proprietari 24 ore su 24 | |||
---|---|---|---|---|---|---|---|---|---|---|---|
1 |
Synclub's SnBNB Early Adopters
BNB Smart Chain
|
1,00 BNB
559,48 $
|
0.0% |
25.364 BNB
14.190.648 $
|
2,75 BNB
1.537,93 $
|
38 | 0.1% | ||||
2 |
Nooties
BNB Smart Chain
|
100,00 BNB
56.002 $
|
0.0% |
499.200 BNB
279.560.727 $
|
1,55 BNB
868,19 $
|
35 | 17.9% | ||||
3 |
Thenian (theNFT)
BNB Smart Chain
|
0,87 BNB
484,95 $
|
0.0% |
1.503 BNB
840.911 $
|
1,07 BNB
597,41 $
|
1 | 2.1% | ||||
4 |
Thenian
BNB Smart Chain
|
0,87 BNB
484,95 $
|
0.0% |
1.503 BNB
840.911 $
|
1,07 BNB
597,41 $
|
1 | 2.1% | ||||
5 |
Polychain Monsters | BNB Chain
BNB Smart Chain
|
50,00 BNB
27.975 $
|
0.0% |
25.572.450 BNB
14.307.804.138 $
|
1,05 BNB
589,47 $
|
10 | 0.0% | ||||
6 |
Zecrey Chameleon Avatar
BNB Smart Chain
|
0,50 BNB
279,88 $
|
4.4% |
2.347 BNB
1.313.769 $
|
1,01 BNB
567,63 $
|
3 | 0.2% | ||||
7 |
Doge Friends
BNB Smart Chain
|
0,39 BNB
220,73 $
|
0.0% |
118,36 BNB
66.220 $
|
0,97 BNB
543,12 $
|
- | 8.3% | ||||
8 |
BotanNFT
BNB Smart Chain
|
0,19 BNB
107,94 $
|
0.0% |
354,61 BNB
198.605 $
|
0,46 BNB
254,89 $
|
- | 2.2% | ||||
9 |
G3M NFT Series
BNB Smart Chain
|
0,0000 BNB
0,000000000000000560 $
|
0.0% |
0,0000 BNB
0,000000000482986 $
|
0,44 BNB
247,99 $
|
- | 0.5% | ||||
10 |
PennyMoon NFTs
BNB Smart Chain
|
0,010 BNB
5,60 $
|
0.0% |
0,020 BNB
11,20 $
|
0,41 BNB
226,65 $
|
- | 0.0% | ||||
11 |
Pome Survival Companion Pet
BNB Smart Chain
|
0,30 BNB
167,66 $
|
0.0% |
901,80 BNB
503.987 $
|
0,35 BNB
195,59 $
|
6 | 0.0% | ||||
12 |
Thetan Hero
BNB Smart Chain
|
1,00 BNB
558,87 $
|
0.0% |
351.969 BNB
196.704.289 $
|
0,33 BNB
184,84 $
|
22 | 0.0% | ||||
13 |
MathVerse Land
BNB Smart Chain
|
5,00 BNB
2.797,50 $
|
0.0% |
12.500 BNB
6.993.759 $
|
0,32 BNB
178,66 $
|
1 | 0.1% | ||||
14 |
Proud Kitty Gang
BNB Smart Chain
|
0,50 BNB
279,43 $
|
0.0% |
2.483 BNB
1.387.670 $
|
0,31 BNB
172,14 $
|
3 | 0.0% | ||||
15 |
FGDNFT
BNB Smart Chain
|
0,44 BNB
246,49 $
|
0.0% |
3.373 BNB
1.887.346 $
|
0,25 BNB
142,59 $
|
- | 0.0% | ||||
16 |
YuliOriginGenOne
BNB Smart Chain
|
500,00 BNB
279.750 $
|
0.0% |
2.597.500 BNB
1.453.303.115 $
|
0,25 BNB
141,71 $
|
5 | 0.0% | ||||
17 |
NinjaPets (NinjaFT)
BNB Smart Chain
|
0,10 BNB
58,50 $
|
0.0% |
0 BNB
0,00 €
|
0,21 BNB
116,69 $
|
- | 0.1% | ||||
18 |
RatBoy NFTs
BNB Smart Chain
|
0,060 BNB
33,57 $
|
0.0% |
120,00 BNB
67.138 $
|
0,20 BNB
114,66 $
|
- | 1.2% | ||||
19 |
GAMER Leets
BNB Smart Chain
|
1,00 BNB
558,79 $
|
0.0% |
10.000 BNB
5.587.890 $
|
0,14 BNB
78,26 $
|
1 | 0.0% | ||||
20 |
CakeMonsterLottery
BNB Smart Chain
|
0,15 BNB
83,92 $
|
0.0% |
367,80 BNB
205.777 $
|
0,13 BNB
70,26 $
|
- | 0.0% | ||||
21 |
Playbux Ultra
BNB Smart Chain
|
0,038 BNB
21,16 $
|
0.0% |
114,57 BNB
64.100 $
|
0,086 BNB
47,86 $
|
3 | 0.7% | ||||
22 |
UP NFT Collection
BNB Smart Chain
|
0,065 BNB
36,37 $
|
0.0% |
325,00 BNB
181.831 $
|
0,068 BNB
38,14 $
|
- | 2.3% | ||||
23 |
Blucamon
BNB Smart Chain
|
10,00 BNB
5.595,01 $
|
0.0% |
222.380 BNB
124.421.770 $
|
0,064 BNB
35,72 $
|
4 | 0.0% | ||||
24 |
Mobox Avatar - Binance NFT
BNB Smart Chain
|
1,00 BNB
558,79 $
|
0.0% |
51.311 BNB
28.672.024 $
|
0,062 BNB
34,58 $
|
4 | 0.0% | ||||
25 |
SPACE ID Badges
BNB Smart Chain
|
0,020 BNB
11,19 $
|
0.0% |
794,48 BNB
444.512 $
|
0,059 BNB
33,09 $
|
5 | 0.0% | ||||
26 |
Open Campus Genesis Collection
BNB Smart Chain
|
19,98 BNB
11.189,15 $
|
0.0% |
39,96 BNB
22.378 $
|
0,053 BNB
29,88 $
|
1 | 0.4% | ||||
27 |
Alien Horror Apes Official
BNB Smart Chain
|
0,022 BNB
12,58 $
|
0.0% |
67,40 BNB
37.710 $
|
0,047 BNB
26,56 $
|
- | 1.9% | ||||
28 |
Meta Merge Pet
BNB Smart Chain
|
0,50 BNB
280,01 $
|
0.0% |
130.448 BNB
73.053.160 $
|
0,040 BNB
22,36 $
|
133 | 0.1% | ||||
29 |
YuliMysteryBox
BNB Smart Chain
|
0,10 BNB
56,25 $
|
0.0% |
928,67 BNB
519.764 $
|
0,020 BNB
11,32 $
|
3 | 0.4% | ||||
30 |
SPACE ID Gift Card
BNB Smart Chain
|
100,00 BNB
56.006 $
|
0.0% |
300,00 BNB
168.017 $
|
0,017 BNB
9,37 $
|
2 | 0.0% | ||||
31 |
Playbux Early Bird Quest
BNB Smart Chain
|
50,00 BNB
28.046 $
|
8233.3% |
12.895.000 BNB
7.232.954.427 $
|
0,015 BNB
8,68 $
|
9 | 0.1% | ||||
32 |
Catgirl NFT
BNB Smart Chain
|
2,51 BNB
1.406,33 $
|
0.0% |
863.037 BNB
483.097.712 $
|
0,015 BNB
8,30 $
|
3 | 0.0% | ||||
33 |
CryptoZoo Base Animal
BNB Smart Chain
|
0,013 BNB
7,03 $
|
0.0% |
49,78 BNB
27.852 $
|
0,013 BNB
7,03 $
|
1 | 0.0% | ||||
34 |
TTK Hero
BNB Smart Chain
|
0,63 BNB
351,40 $
|
0.0% |
28.598 BNB
16.000.081 $
|
0,006 BNB
3,58 $
|
4 | 0.0% | ||||
35 |
Puma Labs NFT
BNB Smart Chain
|
0,002 BNB
0,918838 $
|
0.9% |
399,60 BNB
223.324 $
|
0,005 BNB
2,62 $
|
- | 0.0% | ||||
36 |
Sweep Members Club
BNB Smart Chain
|
0,023 BNB
12,67 $
|
0.0% |
113,06 BNB
63.332 $
|
0,003 BNB
1,76 $
|
1 | 0.2% | ||||
37 |
Galxe OAT (BNB)
BNB Smart Chain
|
0,050 BNB
27,98 $
|
4900.0% |
489.373 BNB
273.804.377 $
|
0,003 BNB
1,74 $
|
14 | 0.0% | ||||
38 |
Lifeform Items
BNB Smart Chain
|
0,004 BNB
2,06 $
|
0.0% |
0,77 BNB
429,41 $
|
0,0009 BNB
0,495373 $
|
1 | 0.0% | ||||
39 |
Refinable1155
BNB Smart Chain
|
0,0001 BNB
0,056215 $
|
0.0% |
0,29 BNB
160,05 $
|
0,0002 BNB
0,112530 $
|
- | 0.1% | ||||
40 |
AGame3DNFT
BNB Smart Chain
|
0,12 BNB
65,21 $
|
0.7% |
326,61 BNB
182.532 $
|
0 BNB
0,00 €
|
0 | 0.0% | ||||
41 |
Stella Fantasy Character
BNB Smart Chain
|
0,17 BNB
96,53 $
|
0.0% |
25,91 BNB
14.479,66 $
|
0 BNB
0,00 €
|
- | 0.0% | ||||
42 |
CanaBoyz Characters
BNB Smart Chain
|
0,10 BNB
55,88 $
|
0.0% |
203,30 BNB
113.606 $
|
0 BNB
0,00 €
|
0 | 0.0% | ||||
43 |
Who is Satoshi V3
BNB Smart Chain
|
-
0,00 €
|
0.0% |
0 BNB
0,00 €
|
0 BNB
0,00 €
|
- | 0.0% | ||||
44 |
ShitPunks
BNB Smart Chain
|
56,00 BNB
31.298 $
|
0.0% |
422.744 BNB
236.266.105 $
|
0 BNB
0,00 €
|
0 | 0.1% | ||||
45 |
Kunai Girl Badges
BNB Smart Chain
|
-
0,00 €
|
0.0% |
0 BNB
0,00 €
|
0 BNB
0,00 €
|
- | 0.0% | ||||
46 |
Ephereal
BNB Smart Chain
|
3,33 BNB
1.864,51 $
|
0.0% |
23.776 BNB
13.312.595 $
|
0 BNB
0,00 €
|
0 | 0.0% | ||||
47 |
Metamon Egg
BNB Smart Chain
|
0,013 BNB
7,02 $
|
0.0% |
0,013 BNB
7,02 $
|
0 BNB
0,00 €
|
0 | 0.0% | ||||
48 |
Lucky Charms BNB
BNB Smart Chain
|
0,090 BNB
50,37 $
|
0.0% |
178,56 BNB
99.938 $
|
0 BNB
0,00 €
|
0 | 0.0% | ||||
49 |
Archive of PEACEMINUSONE
BNB Smart Chain
|
0,034 BNB
18,95 $
|
0.0% |
455,98 BNB
254.795 $
|
0 BNB
0,00 €
|
0 | 0.0% | ||||
50 |
Degen Millionaires Club
BNB Smart Chain
|
222,00 BNB
124.251 $
|
0.0% |
22.200 BNB
12.425.082 $
|
0 BNB
0,00 €
|
0 | 0.0% | ||||
51 |
Binance NFT Mystery Box-Polychain Monsters
BNB Smart Chain
|
0,29 BNB
162,05 $
|
0.0% |
1.695 BNB
947.013 $
|
0 BNB
0,00 €
|
0 | 0.0% | ||||
52 |
LittleGhosts (BNB)
BNB Smart Chain
|
0,30 BNB
167,93 $
|
0.0% |
2.998 BNB
1.677.952 $
|
0 BNB
0,00 €
|
0 | 0.1% | ||||
53 |
Gooodfellas Binions
BNB Smart Chain
|
0,40 BNB
224,01 $
|
0.0% |
1.582 BNB
886.172 $
|
0 BNB
0,00 €
|
0 | 0.0% | ||||
54 |
Fusionist - Bi·Mech
BNB Smart Chain
|
0,025 BNB
14,07 $
|
0.0% |
3,97 BNB
2.223,00 $
|
0 BNB
0,00 €
|
0 | 0.0% | ||||
55 |
MetaWarden
BNB Smart Chain
|
0,10 BNB
56,28 $
|
0.0% |
292,54 BNB
163.827 $
|
0 BNB
0,00 €
|
0 | 0.0% | ||||
56 |
Pet Drake
BNB Smart Chain
|
0,89 BNB
497,30 $
|
0.0% |
1.241 BNB
695.219 $
|
0 BNB
0,00 €
|
0 | 0.0% | ||||
57 |
MagicCraft Genesis Characters
BNB Smart Chain
|
1,00 BNB
560,02 $
|
0.0% |
4.487 BNB
2.512.798 $
|
0 BNB
0,00 €
|
0 | 0.8% | ||||
58 |
Nyathees-OVO
BNB Smart Chain
|
0,006 BNB
3,51 $
|
0.0% |
423,93 BNB
236.920 $
|
0 BNB
0,00 €
|
0 | 0.0% | ||||
59 |
HODL Hands NFTs
BNB Smart Chain
|
0,29 BNB
162,41 $
|
0.0% |
1.409 BNB
789.289 $
|
0 BNB
0,00 €
|
0 | 0.3% | ||||
60 |
.bab Pass
BNB Smart Chain
|
0,60 BNB
336,01 $
|
0.0% |
1.787 BNB
1.000.975 $
|
0 BNB
0,00 €
|
0 | 0.0% | ||||
61 |
Kalmy
BNB Smart Chain
|
0,90 BNB
504,02 $
|
0.0% |
7.999 BNB
4.479.692 $
|
0 BNB
0,00 €
|
0 | 0.3% | ||||
62 |
ShopNEXT NFT Cards
BNB Smart Chain
|
0,002 BNB
0,984874 $
|
0.0% |
3,56 BNB
1.994,37 $
|
0 BNB
0,00 €
|
0 | 0.0% | ||||
63 |
Froyo Gamebox - VIP Pass
BNB Smart Chain
|
0,0009 BNB
0,498376 $
|
0.0% |
7,48 BNB
4.178,88 $
|
0 BNB
0,00 €
|
0 | 0.0% | ||||
64 |
The Next World Soldier
BNB Smart Chain
|
-
0,00 €
|
0.0% |
0 BNB
0,00 €
|
0 BNB
0,00 €
|
- | 0.0% | ||||
65 |
GGoose NFT
BNB Smart Chain
|
1,80 BNB
1.008,33 $
|
0.0% |
11.291 BNB
6.325.266 $
|
0 BNB
0,00 €
|
- | 0.0% | ||||
66 |
Obinex Founders
BNB Smart Chain
|
2,90 BNB
1.626,64 $
|
0.0% |
8,70 BNB
4.879,93 $
|
0 BNB
0,00 €
|
0 | 0.0% | ||||
67 |
OPENGATE
BNB Smart Chain
|
-
0,00 €
|
0.0% |
0 BNB
0,00 €
|
0 BNB
0,00 €
|
- | 0.0% | ||||
68 |
Project X Welcome To The Jungle
BNB Smart Chain
|
0,70 BNB
391,83 $
|
0.0% |
2.090 BNB
1.170.002 $
|
0 BNB
0,00 €
|
- | 0.0% | ||||
69 |
Binance NFT Mystery Box-Tower
BNB Smart Chain
|
0,50 BNB
279,43 $
|
0.0% |
347,50 BNB
194.207 $
|
0 BNB
0,00 €
|
0 | 0.0% | ||||
70 |
Ultiverse - Moonlight
BNB Smart Chain
|
1,26 BNB
703,48 $
|
0.0% |
27.946 BNB
15.650.349 $
|
0 BNB
0,00 €
|
0 | 0.0% | ||||
71 |
Superpower Squad Mystery Box Okx Wallet Bsc V2
BNB Smart Chain
|
1,00 BNB
558,87 $
|
0.0% |
1.053 BNB
588.488 $
|
0 BNB
0,00 €
|
- | 0.0% | ||||
72 |
The Shards (BNB)
BNB Smart Chain
|
0,42 BNB
233,44 $
|
1.3% |
54,64 BNB
30.580 $
|
0 BNB
0,00 €
|
- | 0.0% | ||||
73 |
THETAN 184 NFT Collection
BNB Smart Chain
|
0,40 BNB
223,55 $
|
0.0% |
11,60 BNB
6.482,87 $
|
0 BNB
0,00 €
|
0 | 0.0% | ||||
74 |
Crypto Girlfriend Collection
BNB Smart Chain
|
0,065 BNB
36,33 $
|
0.0% |
82,49 BNB
46.098 $
|
0 BNB
0,00 €
|
0 | 0.0% | ||||
75 |
PixelSweeper
BNB Smart Chain
|
1,50 BNB
838,18 $
|
0.0% |
15.000 BNB
8.381.835 $
|
0 BNB
0,00 €
|
0 | 0.0% | ||||
76 |
FireFoxNFTs
BNB Smart Chain
|
0,038 BNB
21,06 $
|
0.0% |
26,27 BNB
14.679,61 $
|
0 BNB
0,00 €
|
0 | 0.0% | ||||
77 |
Violet Genesis
BNB Smart Chain
|
0,063 BNB
35,17 $
|
0.0% |
135,92 BNB
76.117 $
|
0 BNB
0,00 €
|
0 | 0.0% | ||||
78 |
Archive_of_PEACEMINUSONE
BNB Smart Chain
|
0,010 BNB
5,63 $
|
0.0% |
225,08 BNB
126.047 $
|
0 BNB
0,00 €
|
0 | 0.0% | ||||
79 |
Tag Protocol Hashtag NFT
BNB Smart Chain
|
0,19 BNB
105,29 $
|
0.0% |
8.336 BNB
4.657.956 $
|
0 BNB
0,00 €
|
0 | 0.0% | ||||
80 |
Puff Genesis Bsc
BNB Smart Chain
|
5,00 BNB
2.798,33 $
|
0.0% |
12.410 BNB
6.945.452 $
|
0 BNB
0,00 €
|
0 | 0.0% | ||||
81 |
BKC NFT
BNB Smart Chain
|
3,80 BNB
2.128,07 $
|
0.0% |
15.493 BNB
8.676.127 $
|
0 BNB
0,00 €
|
0 | 0.0% | ||||
82 |
Binemon
BNB Smart Chain
|
0,014 BNB
7,56 $
|
0.0% |
2.169 BNB
1.214.658 $
|
0 BNB
0,00 €
|
0 | 0.0% | ||||
83 |
NEO FANTASY - HeroNFT
BNB Smart Chain
|
0,001 BNB
0,712673 $
|
1.6% |
5,22 BNB
2.921,96 $
|
0 BNB
0,00 €
|
- | 0.0% | ||||
84 |
Meta Pet
BNB Smart Chain
|
0,011 BNB
6,33 $
|
0.0% |
111,00 BNB
62.161 $
|
0 BNB
0,00 €
|
0 | 0.0% | ||||
85 |
NinjaWeapons
BNB Smart Chain
|
0,20 BNB
113,40 $
|
0.0% |
466,33 BNB
261.155 $
|
0 BNB
0,00 €
|
- | 0.4% | ||||
86 |
RedCatDAO
BNB Smart Chain
|
0,037 BNB
20,96 $
|
0.0% |
29,16 BNB
16.330,76 $
|
0 BNB
0,00 €
|
0 | 0.0% | ||||
87 |
Gooodfellas CyberFellas
BNB Smart Chain
|
0,021 BNB
11,89 $
|
0.0% |
13,08 BNB
7.325,41 $
|
0 BNB
0,00 €
|
0 | 0.0% | ||||
88 |
Beanft Community
BNB Smart Chain
|
0,061 BNB
34,16 $
|
0.0% |
46,85 BNB
26.238 $
|
0 BNB
0,00 €
|
0 | 0.0% | ||||
89 |
PooDealz
BNB Smart Chain
|
0,024 BNB
13,23 $
|
1.4% |
4,89 BNB
2.737,80 $
|
0 BNB
0,00 €
|
- | 0.0% | ||||
90 |
Cyberpunk Pi
BNB Smart Chain
|
0,37 BNB
206,78 $
|
0.0% |
7.399 BNB
4.134.753 $
|
0 BNB
0,00 €
|
0 | 0.0% | ||||
91 |
Inception Game
BNB Smart Chain
|
0,37 BNB
207,21 $
|
0.0% |
740,00 BNB
414.413 $
|
0 BNB
0,00 €
|
0 | 0.1% | ||||
92 |
Woonkly Mining Power
BNB Smart Chain
|
0,063 BNB
35,16 $
|
0.0% |
0,19 BNB
105,47 $
|
0 BNB
0,00 €
|
0 | 0.0% | ||||
93 |
OpenEx Membership Campaign - Ophira Page04
BNB Smart Chain
|
0,004 BNB
2,24 $
|
0.0% |
38,45 BNB
21.524 $
|
0 BNB
0,00 €
|
0 | 0.0% | ||||
94 |
REVO OG Pass
BNB Smart Chain
|
0,11 BNB
59,77 $
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53,39 BNB
29.884 $
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Heroes of Metaverse - Artifact Crate
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0,011 BNB
6,33 $
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1.1% |
58,26 BNB
32.613 $
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Gooodfellas Hacked
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0,25 BNB
139,93 $
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555,45 BNB
310.923 $
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Binance NFT Mystery Box-X World Games3
BNB Smart Chain
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0,30 BNB
168,01 $
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0.0% |
2.305 BNB
1.290.616 $
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98 |
Ultiverse - Moonlight Gift
BNB Smart Chain
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0,0000 BNB
0,01406328 $
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0.0% |
0,0001 BNB
0,070316 $
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0,00 €
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Space Cartels Amulets
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0,013 BNB
7,02 $
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0.0% |
7,49 BNB
4.184,10 $
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0,00 €
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100 |
JazDID BAB
BNB Smart Chain
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0,10 BNB
55,88 $
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0.0% |
14.294 BNB
7.987.415 $
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0 BNB
0,00 €
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0 | 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 Dati 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
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.