Prezzi di raccolta dei principali NFT classificati 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 |
Azuki
Ethereum
|
Acquista
|
4,99 ETH
14.443,12 $
|
5.0% |
49.900 ETH
144.431.212 $
|
770,61 ETH
2.230.454 $
|
152 | 0.3% | |||
2 |
Kanpai Pandas
Ethereum
|
1,26 ETH
3.672,02 $
|
16.2% |
10.020 ETH
29.247.604 $
|
761,28 ETH
2.222.141 $
|
571 | 1.1% | ||||
3 |
Pudgy Penguins
Ethereum
|
11,80 ETH
34.392 $
|
5.2% |
104.861 ETH
305.673.557 $
|
622,64 ETH
1.815.022 $
|
52 | 0.0% | ||||
4 |
Bored Ape Yacht Club
Ethereum
|
Acquista
|
14,35 ETH
41.829 $
|
0.5% |
143.461 ETH
418.201.848 $
|
298,35 ETH
869.713 $
|
21 | 0.0% | |||
5 |
Mall Street SPL404
Solana
|
0,81 SOL
118,08 $
|
23.1% |
4.502 SOL
657.329 $
|
5.551 SOL
810.520 $
|
7.960 | 0.0% | ||||
6 |
Mutant Ape Yacht Club
Ethereum
|
Acquista
|
2,61 ETH
7.596,17 $
|
0.1% |
50.810 ETH
148.072.142 $
|
231,03 ETH
673.270 $
|
88 | 0.1% | |||
7 |
Bitcoin Puppets
Bitcoin
|
0,19 BTC
11.946,59 $
|
0.7% |
1.927 BTC
119.477.819 $
|
10,38 BTC
643.670 $
|
51 | 0.0% | ||||
8 |
IO: Imaginary Ones
Ethereum
|
0,75 ETH
2.186,72 $
|
36.9% |
6.666 ETH
19.435.545 $
|
203,82 ETH
594.263 $
|
209 | 0.4% | ||||
9 |
Solana Monkey Business
Solana
|
26,62 SOL
3.891,93 $
|
11.5% |
132.914 SOL
19.432.421 $
|
3.431 SOL
501.582 $
|
111 | 0.1% | ||||
10 |
Lil Pudgys
Ethereum
|
0,99 ETH
2.885,06 $
|
7.0% |
21.441 ETH
62.484.723 $
|
168,60 ETH
491.331 $
|
167 | 0.0% | ||||
11 |
NodeMonkes
Bitcoin
|
0,30 BTC
18.551,61 $
|
1.7% |
2.998 BTC
185.516.051 $
|
7,91 BTC
489.163 $
|
27 | 0.0% | ||||
12 |
Captainz
Ethereum
|
2,99 ETH
8.718,62 $
|
0.1% |
29.897 ETH
87.177.490 $
|
149,41 ETH
435.680 $
|
50 | 0.2% | ||||
13 |
Candy Collective: Genesis Collection
Ethereum
|
0,42 ETH
1.216,29 $
|
4.8% |
836,00 ETH
2.432.578 $
|
147,15 ETH
428.172 $
|
353 | 0.6% | ||||
14 |
Redacted Remilio Babies
Ethereum
|
1,43 ETH
4.160,41 $
|
10.8% |
14.267 ETH
41.595.808 $
|
140,05 ETH
408.320 $
|
93 | 0.0% | ||||
15 |
Milady Maker
Ethereum
|
Acquista
|
4,41 ETH
12.851,65 $
|
4.3% |
44.003 ETH
128.233.765 $
|
139,28 ETH
405.898 $
|
30 | 0.1% | |||
16 |
CryptoPunks
Ethereum
|
Acquista
|
39,74 ETH
115.816 $
|
2.7% |
397.162 ETH
1.157.466.089 $
|
118,69 ETH
345.904 $
|
3 | 0.0% | |||
17 |
Ultiverse - Electric Sheep
Ethereum
|
0,87 ETH
2.547,78 $
|
11.3% |
6.118 ETH
17.834.488 $
|
93,15 ETH
271.540 $
|
103 | 0.5% | ||||
18 |
Honey Comb
Ethereum
|
0,22 ETH
636,70 $
|
26.6% |
3.612 ETH
10.454.586 $
|
86,21 ETH
249.501 $
|
335 | 0.0% | ||||
19 |
DeGods
Ethereum
|
Acquista
|
2,09 ETH
6.105,05 $
|
3.6% |
18.825 ETH
54.884.388 $
|
81,86 ETH
238.659 $
|
38 | 0.3% | |||
20 |
Azuki Elementals
Ethereum
|
0,48 ETH
1.399,44 $
|
0.0% |
7.698 ETH
22.444.188 $
|
80,73 ETH
235.370 $
|
95 | 0.2% | ||||
21 |
Pixelmon
Ethereum
|
1,31 ETH
3.823,81 $
|
4.2% |
16.461 ETH
48.050.023 $
|
73,89 ETH
215.693 $
|
38 | 0.1% | ||||
22 |
MATR1X KUKU
Ethereum
|
1,65 ETH
4.811,49 $
|
7.3% |
10.999 ETH
32.073.359 $
|
71,87 ETH
209.579 $
|
43 | 0.6% | ||||
23 |
Forked Nouns
Ethereum
|
36,75 ETH
106.370 $
|
0.7% |
17.346 ETH
50.206.499 $
|
71,00 ETH
205.503 $
|
2 | 0.0% | ||||
24 |
BEANZ Official
Ethereum
|
0,26 ETH
754,52 $
|
13.7% |
5.165 ETH
15.052.756 $
|
66,98 ETH
195.213 $
|
233 | 0.4% | ||||
25 |
Mad Lads
Solana
|
68,40 SOL
9.921,78 $
|
0.9% |
681.674 SOL
98.880.461 $
|
1.254 SOL
181.954 $
|
16 | 0.1% | ||||
26 |
Pixels - Farm Land
Ethereum
|
1,42 ETH
4.147,94 $
|
5.9% |
7.115 ETH
20.739.687 $
|
61,66 ETH
179.729 $
|
41 | 0.7% | ||||
27 |
WHAT THE FFFF
Ethereum
|
0,011 ETH
31,86 $
|
0.0% |
11,00 ETH
31.855 $
|
59,34 ETH
171.833 $
|
- | 0.0% | ||||
28 |
Mutantmon
Solana
|
1,43 SOL
208,48 $
|
2.2% |
14.274 SOL
2.083.773 $
|
1.072 SOL
156.556 $
|
711 | 0.0% | ||||
29 |
Doodles
Ethereum
|
1,96 ETH
5.713,57 $
|
5.9% |
19.596 ETH
57.124.234 $
|
53,47 ETH
155.862 $
|
26 | 0.1% | ||||
30 |
mfers
Ethereum
|
0,38 ETH
1.111,45 $
|
1.3% |
3.847 ETH
11.135.666 $
|
52,05 ETH
150.666 $
|
128 | 0.1% | ||||
31 |
Rumble Kong League
Ethereum
|
0,17 ETH
493,27 $
|
45.5% |
1.690 ETH
4.932.659 $
|
43,67 ETH
127.462 $
|
185 | 0.8% | ||||
32 |
Forgotten Runes Wizards Cult
Ethereum
|
0,44 ETH
1.284,04 $
|
26.7% |
4.095 ETH
11.954.431 $
|
41,77 ETH
121.910 $
|
83 | 0.0% | ||||
33 |
Lasogette
Ethereum
|
0,36 ETH
1.046,08 $
|
5.6% |
2.780 ETH
8.099.772 $
|
31,77 ETH
92.560 $
|
95 | 0.4% | ||||
34 |
Froganas
Solana
|
1,23 SOL
180,10 $
|
1.9% |
6.838 SOL
1.000.434 $
|
606,64 SOL
88.751 $
|
491 | 0.4% | ||||
35 |
Bitcoin Frogs
Bitcoin
|
0,060 BTC
3.719,94 $
|
13.6% |
600,00 BTC
37.199.400 $
|
1,40 BTC
87.071 $
|
22 | 0.1% | ||||
36 |
Sappy Seals
Ethereum
|
0,50 ETH
1.453,63 $
|
0.0% |
4.979 ETH
14.531.963 $
|
29,38 ETH
85.772 $
|
59 | 0.3% | ||||
37 |
RG Bytes
Ethereum
|
0,32 ETH
932,30 $
|
13.5% |
1.599 ETH
4.660.564 $
|
27,74 ETH
80.847 $
|
81 | 0.1% | ||||
38 |
Skyborne - NexianGems
Ethereum
|
1,09 ETH
3.177,44 $
|
16.1% |
3.633 ETH
10.590.405 $
|
27,64 ETH
80.570 $
|
26 | 0.4% | ||||
39 |
PalioAI Aura
Ethereum
|
0,32 ETH
932,55 $
|
13.0% |
1.067 ETH
3.108.176 $
|
27,28 ETH
79.487 $
|
81 | 0.3% | ||||
40 |
Ordinal Maxi Biz (OMB)
Bitcoin
|
0,37 BTC
23.051 $
|
2.9% |
782,17 BTC
48.406.669 $
|
1,26 BTC
77.698 $
|
3 | 0.0% | ||||
41 |
Chromie Squiggle by Snowfro
Ethereum
|
5,25 ETH
15.304,19 $
|
0.0% |
52.469 ETH
152.950.123 $
|
26,37 ETH
76.871 $
|
5 | 0.1% | ||||
42 |
Pirate Nation - Founder's Pirates
Ethereum
|
1,05 ETH
3.051,32 $
|
74.5% |
10.469 ETH
30.510.148 $
|
26,21 ETH
76.385 $
|
26 | 0.0% | ||||
43 |
Rune Pups
Bitcoin
|
0,036 BTC
2.213,73 $
|
10.6% |
385,53 BTC
23.859.613 $
|
1,15 BTC
71.196 $
|
28 | 3.7% | ||||
44 |
Solcasino.io
Solana
|
22,00 SOL
3.216,47 $
|
9.1% |
110.000 SOL
16.082.367 $
|
458,75 SOL
67.071 $
|
20 | 2.4% | ||||
45 |
RSIC METAPROTOCOL
Bitcoin
|
0,024 BTC
1.512,35 $
|
18.5% |
513,24 BTC
31.759.246 $
|
1,00 BTC
61.868 $
|
35 | 0.0% | ||||
46 |
DeGods (Solana)
Solana
|
42,98 SOL
6.285,81 $
|
1.7% |
163.540 SOL
23.917.518 $
|
382,32 SOL
55.914 $
|
9 | 0.0% | ||||
47 |
HV-MTL
Ethereum
|
0,060 ETH
175,05 $
|
17.7% |
1.701 ETH
4.965.436 $
|
18,89 ETH
55.135 $
|
280 | 0.2% | ||||
48 |
Persona
Ethereum
|
0,21 ETH
623,67 $
|
6.5% |
1.899 ETH
5.535.071 $
|
18,54 ETH
54.047 $
|
89 | 0.4% | ||||
49 |
Emby
Ethereum
|
0,25 ETH
729,21 $
|
1.9% |
687,47 ETH
2.005.317 $
|
18,37 ETH
53.579 $
|
76 | 0.6% | ||||
50 |
Clone X
Ethereum
|
0,59 ETH
1.719,90 $
|
0.7% |
11.563 ETH
33.706.594 $
|
18,12 ETH
52.833 $
|
20 | 0.2% | ||||
51 |
DigiDaigaku
Ethereum
|
2,59 ETH
7.544,87 $
|
6.5% |
5.235 ETH
15.255.730 $
|
16,51 ETH
48.114 $
|
7 | 0.4% | ||||
52 |
Runestone
Bitcoin
|
0,009 BTC
574,31 $
|
11.6% |
1.043 BTC
64.552.918 $
|
0,78 BTC
47.999 $
|
80 | 0.0% | ||||
53 |
Checks - VV Edition
Ethereum
|
0,25 ETH
725,98 $
|
6.7% |
1.340 ETH
3.905.769 $
|
16,38 ETH
47.757 $
|
68 | 0.0% | ||||
54 |
CyberV
Ethereum
|
0,39 ETH
1.126,69 $
|
5.1% |
807,95 ETH
2.340.140 $
|
15,61 ETH
45.219 $
|
44 | 0.6% | ||||
55 |
Celestine Sloth Society
Stargaze
|
212.000 STARS
4.045,30 $
|
1.3% |
530.000.000 STARS
10.113.248 $
|
2.343.197 STARS
44.712 $
|
11 | 0.1% | ||||
56 |
Moonbirds
Ethereum
|
0,76 ETH
2.209,63 $
|
0.0% |
7.580 ETH
22.096.342 $
|
15,04 ETH
43.841 $
|
20 | 0.1% | ||||
57 |
Tensorians
Solana
|
13,46 SOL
1.952,44 $
|
2.6% |
119.363 SOL
17.314.272 $
|
300,19 SOL
43.545 $
|
22 | 0.0% | ||||
58 |
Azra Games - The Hopeful
Ethereum
|
1,38 ETH
4.023,25 $
|
1.1% |
7.666 ETH
22.349.169 $
|
14,47 ETH
42.194 $
|
11 | 0.1% | ||||
59 |
Bored Ape Kennel Club
Ethereum
|
0,53 ETH
1.519,57 $
|
2.3% |
5.041 ETH
14.590.884 $
|
14,25 ETH
41.245 $
|
25 | 0.1% | ||||
60 |
L3E7 Worlds
Ethereum
|
4,65 ETH
13.551,70 $
|
0.0% |
2.790 ETH
8.131.023 $
|
13,48 ETH
39.285 $
|
3 | 0.0% | ||||
61 |
Muraqqa
Ethereum
|
4,50 ETH
13.119,79 $
|
12.8% |
499,50 ETH
1.456.296 $
|
12,79 ETH
37.289 $
|
4 | 3.8% | ||||
62 |
Imaginary Rides
Ethereum
|
0,069 ETH
201,09 $
|
20.2% |
958,27 ETH
2.792.736 $
|
12,17 ETH
35.460 $
|
155 | 0.4% | ||||
63 |
Kanpai Pandas Infinity Collection
Ethereum
|
4,39 ETH
12.793,07 $
|
0.0% |
1.097 ETH
3.198.269 $
|
10,87 ETH
31.677 $
|
3 | 0.0% | ||||
64 |
Themes and Variations by Vera Molnár
Ethereum
|
3,30 ETH
9.621,31 $
|
5.8% |
1.650 ETH
4.810.656 $
|
10,72 ETH
31.255 $
|
3 | 0.4% | ||||
65 |
Wassies by Wassies
Ethereum
|
0,47 ETH
1.367,99 $
|
13.9% |
4.523 ETH
13.192.860 $
|
10,64 ETH
31.040 $
|
23 | 0.2% | ||||
66 |
Blond
Ethereum
|
2,67 ETH
7.786,54 $
|
3.5% |
42,72 ETH
124.585 $
|
10,47 ETH
30.534 $
|
4 | 0.0% | ||||
67 |
Wolf Game
Ethereum
|
0,15 ETH
437,81 $
|
22.0% |
1.920 ETH
5.605.281 $
|
9,99 ETH
29.166 $
|
48 | 0.0% | ||||
68 |
Prometheans
Bitcoin
|
0,010 BTC
638,28 $
|
6.3% |
216,30 BTC
13.403.978 $
|
0,47 BTC
28.865 $
|
45 | 0.0% | ||||
69 |
Cross the Ages - Arkhante Booster Premium Pack
Polygon POS
|
0,14 ETH
396,60 $
|
9.7% |
700,40 ETH
2.042.483 $
|
9,70 ETH
28.292 $
|
30 | 0.1% | ||||
70 |
Async Blueprints
Ethereum
|
0,005 ETH
14,57 $
|
0.0% |
121,11 ETH
352.963 $
|
9,65 ETH
28.124 $
|
1 | 0.0% | ||||
71 |
BoredMilady
Ethereum
|
0,052 ETH
152,70 $
|
21.6% |
360,56 ETH
1.050.710 $
|
9,15 ETH
26.652 $
|
181 | 0.1% | ||||
72 |
Opepen Edition
Ethereum
|
0,14 ETH
399,37 $
|
2.1% |
2.192 ETH
6.389.866 $
|
8,68 ETH
25.296 $
|
53 | 0.0% | ||||
73 |
Checks
Ethereum
|
0,15 ETH
437,10 $
|
9.1% |
855,53 ETH
2.493.195 $
|
8,55 ETH
24.923 $
|
38 | 0.5% | ||||
74 |
Quantum Cats
Bitcoin
|
0,37 BTC
22.970 $
|
0.7% |
1.235 BTC
76.560.488 $
|
0,40 BTC
24.800 $
|
1 | 0.0% | ||||
75 |
OverTrip Founder's ID
Ethereum
|
0,20 ETH
594,68 $
|
5.7% |
181,06 ETH
528.078 $
|
8,42 ETH
24.550 $
|
47 | 1.2% | ||||
76 |
Sword of Grandia
Ethereum
|
0,26 ETH
760,31 $
|
7.8% |
131,00 ETH
380.155 $
|
8,12 ETH
23.567 $
|
31 | 3.5% | ||||
77 |
Peplicator by Matt Furie
Ethereum
|
0,060 ETH
174,61 $
|
17.7% |
1.322 ETH
3.852.849 $
|
8,06 ETH
23.490 $
|
135 | 0.5% | ||||
78 |
Saku Monsters Generation I
Solana
|
0,76 SOL
110,94 $
|
14.0% |
12.851 SOL
1.879.736 $
|
159,65 SOL
23.352 $
|
132 | 0.0% | ||||
79 |
My Pet Hooligan
Ethereum
|
0,34 ETH
990,69 $
|
5.3% |
3.020 ETH
8.805.213 $
|
7,86 ETH
22.919 $
|
23 | 0.1% | ||||
80 |
SchizoPosters
Ethereum
|
0,70 ETH
2.033,58 $
|
3.2% |
3.870 ETH
11.294.522 $
|
7,70 ETH
22.460 $
|
7 | 0.0% | ||||
81 |
Worldwide Webb Land
Ethereum
|
0,20 ETH
582,52 $
|
0.0% |
1.900 ETH
5.538.639 $
|
7,65 ETH
22.301 $
|
6 | 0.1% | ||||
82 |
CyberKongz (Babies)
Ethereum
|
0,84 ETH
2.448,55 $
|
0.0% |
3.359 ETH
9.794.207 $
|
7,62 ETH
22.220 $
|
10 | 0.1% | ||||
83 |
World of Women
Ethereum
|
0,43 ETH
1.253,90 $
|
0.0% |
4.300 ETH
12.539.000 $
|
7,60 ETH
22.162 $
|
19 | 0.1% | ||||
84 |
The Potatoz
Ethereum
|
1,90 ETH
5.530,85 $
|
2.4% |
18.968 ETH
55.303.019 $
|
7,36 ETH
21.453 $
|
4 | 0.1% | ||||
85 |
Winds of Yawanawa by Yawanawa and Refik Anadol
Ethereum
|
4,58 ETH
13.352,53 $
|
12.1% |
4.580 ETH
13.352.534 $
|
7,33 ETH
21.370 $
|
2 | 0.2% | ||||
86 |
Sugartown Oras
Ethereum
|
0,14 ETH
421,98 $
|
5.4% |
960,60 ETH
2.799.396 $
|
7,11 ETH
20.724 $
|
48 | 0.1% | ||||
87 |
Parallel Avatars
Ethereum
|
0,72 ETH
2.107,64 $
|
2.2% |
7.956 ETH
23.186.150 $
|
7,11 ETH
20.712 $
|
11 | 0.1% | ||||
88 |
RTFKT Animus Egg 🥚
Ethereum
|
0,15 ETH
437,52 $
|
8.7% |
2.598 ETH
7.583.013 $
|
6,99 ETH
20.388 $
|
45 | 0.0% | ||||
89 |
VeeFriends
Ethereum
|
0,95 ETH
2.766,41 $
|
4.6% |
9.732 ETH
28.369.560 $
|
6,91 ETH
20.137 $
|
8 | 0.0% | ||||
90 |
Project Godjira Genesis
Ethereum
|
6,92 ETH
20.167 $
|
12.9% |
2.304 ETH
6.715.702 $
|
6,70 ETH
19.526,12 $
|
1 | 0.0% | ||||
91 |
Otherdeed for Otherside
Ethereum
|
0,21 ETH
623,06 $
|
2.3% |
10.091 ETH
29.421.489 $
|
6,60 ETH
19.244,58 $
|
23 | 0.0% | ||||
92 |
Meebits
Ethereum
|
0,63 ETH
1.847,61 $
|
0.8% |
12.679 ETH
36.950.289 $
|
6,53 ETH
19.020,68 $
|
11 | 0.0% | ||||
93 |
Terraforms by Mathcastles
Ethereum
|
0,94 ETH
2.743,61 $
|
2.8% |
9.316 ETH
27.191.908 $
|
6,31 ETH
18.418,66 $
|
7 | 0.2% | ||||
94 |
Aurory
Solana
|
5,14 SOL
751,83 $
|
5.6% |
51.372 SOL
7.513.076 $
|
125,81 SOL
18.398,94 $
|
24 | 0.4% | ||||
95 |
Bursted Bubbles by Deblock
Ethereum
|
0,80 ETH
2.330,32 $
|
6.5% |
799,00 ETH
2.330.315 $
|
6,19 ETH
18.052,80 $
|
8 | 0.5% | ||||
96 |
KILLABEARS
Ethereum
|
0,42 ETH
1.223,95 $
|
6.0% |
1.400 ETH
4.079.423 $
|
6,19 ETH
18.038,93 $
|
15 | 0.3% | ||||
97 |
TOPIA Worlds
Ethereum
|
0,86 ETH
2.504,05 $
|
0.2% |
8.589 ETH
25.038.044 $
|
6,14 ETH
17.908,24 $
|
6 | 0.2% | ||||
98 |
Band Bears
Ethereum
|
6,60 ETH
19.100,95 $
|
2.2% |
7.669 ETH
22.195.303 $
|
6,05 ETH
17.509,20 $
|
1 | 0.0% | ||||
99 |
Chimpers
Ethereum
|
0,33 ETH
957,41 $
|
0.6% |
1.822 ETH
5.318.426 $
|
5,97 ETH
17.423,42 $
|
18 | 0.1% | ||||
100 |
GGSG: Galactic Geckos
Solana
|
11,48 SOL
1.680,40 $
|
0.0% |
114.800 SOL
16.803.983 $
|
118,82 SOL
17.392,02 $
|
9 | 0.2% |
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.