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 |
Pudgy Penguins
Ethereum
|
11,30 ETH
34.381 $
|
0.0% |
100.417 ETH
305.575.178 $
|
593,24 ETH
1.805.260 $
|
53 | 0.0% | ||||
2 |
Mutant Ape Yacht Club
Ethereum
|
Acquista
|
2,66 ETH
8.098,17 $
|
3.0% |
51.793 ETH
157.857.706 $
|
524,37 ETH
1.598.208 $
|
198 | 0.0% | |||
3 |
Bored Ape Yacht Club
Ethereum
|
Acquista
|
14,73 ETH
44.894 $
|
2.8% |
147.271 ETH
448.846.219 $
|
370,11 ETH
1.128.016 $
|
26 | 0.0% | |||
4 |
Mall Street SPL404
Solana
|
0,58 SOL
90,04 $
|
15.6% |
3.238 SOL
501.234 $
|
5.779 SOL
894.631 $
|
8.616 | 0.0% | ||||
5 |
Azuki
Ethereum
|
Acquista
|
5,12 ETH
15.580,54 $
|
0.6% |
51.200 ETH
155.805.375 $
|
277,56 ETH
844.629 $
|
56 | 0.0% | |||
6 |
NodeMonkes
Bitcoin
|
0,29 BTC
18.290,60 $
|
2.5% |
2.890 BTC
182.905.961 $
|
10,52 BTC
665.800 $
|
37 | 0.3% | ||||
7 |
DeGods
Ethereum
|
Acquista
|
2,25 ETH
6.843,87 $
|
1.3% |
20.219 ETH
61.526.417 $
|
207,39 ETH
631.113 $
|
95 | 0.1% | |||
8 |
Candy Collective: Genesis Collection
Ethereum
|
0,43 ETH
1.320,69 $
|
6.6% |
868,00 ETH
2.641.388 $
|
190,19 ETH
578.748 $
|
446 | 0.2% | ||||
9 |
Mad Lads
Solana
|
63,80 SOL
9.864,33 $
|
12.4% |
635.831 SOL
98.307.948 $
|
3.619 SOL
559.588 $
|
50 | 0.1% | ||||
10 |
Bitcoin Puppets
Bitcoin
|
0,20 BTC
12.627,37 $
|
10.7% |
2.000 BTC
126.286.285 $
|
7,54 BTC
476.134 $
|
36 | 0.0% | ||||
11 |
Solana Monkey Business
Solana
|
30,89 SOL
4.775,70 $
|
7.4% |
154.224 SOL
23.845.060 $
|
2.987 SOL
461.855 $
|
90 | 0.2% | ||||
12 |
Milady Maker
Ethereum
|
Acquista
|
4,47 ETH
13.611,67 $
|
1.1% |
44.632 ETH
135.817.231 $
|
129,45 ETH
393.935 $
|
29 | 0.1% | |||
13 |
Mutantmon
Solana
|
1,57 SOL
242,66 $
|
10.7% |
15.704 SOL
2.425.436 $
|
2.166 SOL
334.534 $
|
1.095 | 0.0% | ||||
14 |
Forked Nouns
Ethereum
|
36,75 ETH
112.018 $
|
0.7% |
17.346 ETH
52.872.477 $
|
71,00 ETH
216.416 $
|
2 | 0.0% | ||||
15 |
Azuki Elementals
Ethereum
|
0,48 ETH
1.466,70 $
|
4.8% |
7.719 ETH
23.487.810 $
|
69,50 ETH
211.498 $
|
134 | 0.1% | ||||
16 |
Rune Pups
Bitcoin
|
0,056 BTC
3.528,09 $
|
14.0% |
602,27 BTC
38.025.711 $
|
3,35 BTC
211.404 $
|
62 | 5.0% | ||||
17 |
Ordinal Maxi Biz (OMB)
Bitcoin
|
0,39 BTC
24.308 $
|
1.3% |
808,50 BTC
51.046.126 $
|
3,04 BTC
191.835 $
|
8 | 0.0% | ||||
18 |
Quantum Cats
Bitcoin
|
0,33 BTC
21.023 $
|
0.4% |
1.110 BTC
70.070.581 $
|
3,00 BTC
189.602 $
|
9 | 0.0% | ||||
19 |
Redacted Remilio Babies
Ethereum
|
1,59 ETH
4.838,49 $
|
2.0% |
15.897 ETH
48.375.195 $
|
61,33 ETH
186.634 $
|
40 | 0.0% | ||||
20 |
Lasogette
Ethereum
|
0,39 ETH
1.201,10 $
|
1.4% |
3.054 ETH
9.300.081 $
|
59,42 ETH
180.926 $
|
155 | 0.5% | ||||
21 |
WHAT THE FFFF
Ethereum
|
0,011 ETH
33,48 $
|
0.0% |
11,00 ETH
33.477 $
|
59,34 ETH
180.580 $
|
- | 0.0% | ||||
22 |
BEEPLE: EVERYDAYS - THE 2020 COLLECTION
Ethereum
|
8,47 ETH
25.777 $
|
14.5% |
6.107 ETH
18.585.241 $
|
57,45 ETH
174.843 $
|
8 | 0.6% | ||||
23 |
RSIC METAPROTOCOL
Bitcoin
|
0,031 BTC
1.982,50 $
|
15.8% |
659,40 BTC
41.632.425 $
|
2,73 BTC
172.079 $
|
80 | 0.3% | ||||
24 |
Kanpai Pandas
Ethereum
|
1,53 ETH
4.649,61 $
|
1.4% |
12.170 ETH
37.034.111 $
|
53,42 ETH
162.569 $
|
35 | 0.0% | ||||
25 |
Doodles
Ethereum
|
1,81 ETH
5.501,88 $
|
1.9% |
18.076 ETH
55.007.769 $
|
48,25 ETH
146.826 $
|
28 | 0.1% | ||||
26 |
Sappy Seals
Ethereum
|
0,50 ETH
1.533,71 $
|
2.9% |
5.038 ETH
15.332.490 $
|
43,33 ETH
131.842 $
|
85 | 0.8% | ||||
27 |
Lil Pudgys
Ethereum
|
0,93 ETH
2.825,82 $
|
2.3% |
20.099 ETH
61.201.611 $
|
42,32 ETH
128.879 $
|
45 | 0.0% | ||||
28 |
Captainz
Ethereum
|
2,96 ETH
9.009,77 $
|
1.4% |
29.587 ETH
90.088.653 $
|
39,68 ETH
120.814 $
|
13 | 0.1% | ||||
29 |
DeGods (Solana)
Solana
|
46,46 SOL
7.183,24 $
|
0.2% |
173.758 SOL
26.865.318 $
|
773,45 SOL
119.586 $
|
16 | 0.0% | ||||
30 |
CryptoPunks
Ethereum
|
Acquista
|
38,50 ETH
117.034 $
|
1.3% |
384.769 ETH
1.169.638.793 $
|
38,00 ETH
115.514 $
|
1 | 0.0% | |||
31 |
Froganas
Solana
|
1,29 SOL
198,66 $
|
3.8% |
7.149 SOL
1.103.582 $
|
717,38 SOL
110.737 $
|
506 | 0.2% | ||||
32 |
Bitcoin Frogs
Bitcoin
|
0,053 BTC
3.320,94 $
|
9.7% |
526,00 BTC
33.209.399 $
|
1,72 BTC
108.413 $
|
35 | 0.1% | ||||
33 |
Clone X
Ethereum
|
0,59 ETH
1.797,63 $
|
0.0% |
11.558 ETH
35.226.358 $
|
34,15 ETH
104.095 $
|
59 | 0.1% | ||||
34 |
BEANZ Official
Ethereum
|
0,29 ETH
877,78 $
|
0.3% |
5.746 ETH
17.511.806 $
|
31,51 ETH
96.043 $
|
111 | 0.0% | ||||
35 |
Bored Ape Kennel Club
Ethereum
|
0,54 ETH
1.642,61 $
|
7.6% |
5.183 ETH
15.772.334 $
|
27,34 ETH
83.198 $
|
50 | 0.1% | ||||
36 |
Azra Games - The Hopeful
Ethereum
|
1,36 ETH
4.145,09 $
|
6.3% |
7.555 ETH
23.026.001 $
|
25,62 ETH
78.074 $
|
20 | 0.0% | ||||
37 |
Prometheans
Bitcoin
|
0,014 BTC
896,52 $
|
43.3% |
297,99 BTC
18.827.019 $
|
1,11 BTC
70.137 $
|
80 | 0.1% | ||||
38 |
Azuki Elemental Beans
Ethereum
|
0,78 ETH
2.385,77 $
|
8.3% |
4.223 ETH
12.852.142 $
|
21,38 ETH
65.054 $
|
24 | 0.7% | ||||
39 |
Moonbirds
Ethereum
|
0,76 ETH
2.312,74 $
|
1.3% |
7.600 ETH
23.127.357 $
|
21,10 ETH
64.215 $
|
28 | 0.1% | ||||
40 |
CyberV
Ethereum
|
0,28 ETH
853,27 $
|
12.0% |
581,56 ETH
1.772.246 $
|
21,01 ETH
64.036 $
|
86 | 0.4% | ||||
41 |
Volted Dragons Sailors Club - VDSC
Ethereum
|
0,12 ETH
374,23 $
|
38.2% |
539,09 ETH
1.642.886 $
|
20,63 ETH
62.858 $
|
8 | 0.5% | ||||
42 |
Prime Navigator
Ethereum
|
0,61 ETH
1.842,51 $
|
12.1% |
1.850 ETH
5.630.710 $
|
20,50 ETH
62.368 $
|
36 | 1.7% | ||||
43 |
OnChainShiba
Ethereum
|
0,018 ETH
53,54 $
|
1.1% |
52,77 ETH
160.614 $
|
19,96 ETH
60.736 $
|
2 | 0.4% | ||||
44 |
Meebits
Ethereum
|
0,65 ETH
1.978,00 $
|
0.9% |
12.979 ETH
39.558.031 $
|
19,67 ETH
59.956 $
|
31 | 0.0% | ||||
45 |
Persona
Ethereum
|
0,20 ETH
597,38 $
|
0.5% |
1.740 ETH
5.301.759 $
|
19,66 ETH
59.930 $
|
96 | 0.0% | ||||
46 |
Runestone
Bitcoin
|
0,012 BTC
732,25 $
|
5.6% |
1.304 BTC
82.304.710 $
|
0,92 BTC
58.342 $
|
80 | 0.0% | ||||
47 |
alignDRAW
Ethereum
|
2,10 ETH
6.400,31 $
|
24.3% |
5.689 ETH
17.338.431 $
|
18,11 ETH
55.195 $
|
10 | 0.6% | ||||
48 |
Claynosaurz
Solana
|
13,55 SOL
2.099,46 $
|
3.2% |
135.500 SOL
20.994.616 $
|
352,30 SOL
54.586 $
|
25 | 0.2% | ||||
49 |
FLUF World
Ethereum
|
0,54 ETH
1.643,43 $
|
16.4% |
5.400 ETH
16.434.350 $
|
17,65 ETH
53.703 $
|
39 | 0.2% | ||||
50 |
RG Bytes
Ethereum
|
0,32 ETH
973,14 $
|
10.7% |
1.599 ETH
4.864.713 $
|
15,95 ETH
48.526 $
|
53 | 0.2% | ||||
51 |
IO: Imaginary Ones
Ethereum
|
1,40 ETH
4.260,72 $
|
5.6% |
12.434 ETH
37.869.293 $
|
15,37 ETH
46.807 $
|
11 | 0.1% | ||||
52 |
My Pet Hooligan
Ethereum
|
0,38 ETH
1.159,41 $
|
0.3% |
3.386 ETH
10.304.846 $
|
15,04 ETH
45.779 $
|
36 | 0.1% | ||||
53 |
Mocaverse
Ethereum
|
3,80 ETH
11.560,03 $
|
1.8% |
33.764 ETH
102.745.506 $
|
14,72 ETH
44.794 $
|
4 | 0.1% | ||||
54 |
Parallel Avatars
Ethereum
|
0,63 ETH
1.923,22 $
|
0.3% |
6.953 ETH
21.157.372 $
|
14,60 ETH
44.418 $
|
24 | 0.4% | ||||
55 |
mfers
Ethereum
|
0,39 ETH
1.174,86 $
|
3.3% |
3.867 ETH
11.770.887 $
|
14,22 ETH
43.275 $
|
36 | 0.0% | ||||
56 |
Project Godjira Genesis
Ethereum
|
6,52 ETH
19.840,84 $
|
0.3% |
2.171 ETH
6.607.000 $
|
14,11 ETH
42.938 $
|
2 | 0.0% | ||||
57 |
Muraqqa
Ethereum
|
4,50 ETH
13.696,19 $
|
12.8% |
499,50 ETH
1.520.277 $
|
12,79 ETH
38.928 $
|
4 | 3.8% | ||||
58 |
SchizoPosters
Ethereum
|
0,78 ETH
2.368,38 $
|
3.9% |
4.315 ETH
13.153.964 $
|
12,08 ETH
36.835 $
|
15 | 0.1% | ||||
59 |
Skyborne - NexianGems
Ethereum
|
1,29 ETH
3.912,91 $
|
35.7% |
4.283 ETH
13.041.723 $
|
11,98 ETH
36.477 $
|
11 | 0.5% | ||||
60 |
Chimpers
Ethereum
|
0,27 ETH
812,47 $
|
13.3% |
1.483 ETH
4.513.267 $
|
11,85 ETH
36.046 $
|
48 | 0.3% | ||||
61 |
PORSCHE 911
Ethereum
|
0,22 ETH
668,76 $
|
25.4% |
519,62 ETH
1.580.269 $
|
11,71 ETH
35.608 $
|
50 | 0.3% | ||||
62 |
Tensorians
Solana
|
11,99 SOL
1.853,51 $
|
0.1% |
106.310 SOL
16.436.884 $
|
226,78 SOL
35.063 $
|
18 | 0.1% | ||||
63 |
Ultiverse - Electric Sheep
Ethereum
|
0,95 ETH
2.887,88 $
|
0.1% |
6.643 ETH
20.215.139 $
|
11,34 ETH
34.499 $
|
12 | 0.1% | ||||
64 |
TOPIA Worlds
Ethereum
|
0,80 ETH
2.434,76 $
|
14.3% |
7.999 ETH
24.345.201 $
|
10,77 ETH
32.781 $
|
9 | 0.3% | ||||
65 |
Alpha Gate
Ethereum
|
2,89 ETH
8.790,49 $
|
16.0% |
1.488 ETH
4.527.103 $
|
10,59 ETH
32.225 $
|
4 | 0.5% | ||||
66 |
Imaginary Rides
Ethereum
|
0,12 ETH
364,56 $
|
6.0% |
1.664 ETH
5.063.008 $
|
10,50 ETH
31.947 $
|
89 | 0.4% | ||||
67 |
Blond
Ethereum
|
2,67 ETH
8.124,93 $
|
3.5% |
42,72 ETH
129.999 $
|
10,47 ETH
31.861 $
|
4 | 0.0% | ||||
68 |
Wolf Game
Ethereum
|
0,097 ETH
294,90 $
|
42.5% |
1.241 ETH
3.775.592 $
|
10,41 ETH
31.680 $
|
55 | 0.0% | ||||
69 |
Honey Comb
Ethereum
|
0,26 ETH
776,05 $
|
2.3% |
4.187 ETH
12.742.741 $
|
10,40 ETH
31.644 $
|
43 | 0.1% | ||||
70 |
WADE F&F
Ethereum
|
0,39 ETH
1.193,12 $
|
7.8% |
823,20 ETH
2.505.561 $
|
10,39 ETH
31.624 $
|
28 | 0.4% | ||||
71 |
CryptoPhunks
Ethereum
|
0,25 ETH
760,74 $
|
40.4% |
2.493 ETH
7.586.850 $
|
10,16 ETH
30.915 $
|
36 | 0.2% | ||||
72 |
Sproto Gremlins
Ethereum
|
0,30 ETH
907,57 $
|
9.7% |
992,34 ETH
3.022.219 $
|
9,84 ETH
29.969 $
|
34 | 0.4% | ||||
73 |
Chromie Squiggle by Snowfro
Ethereum
|
5,35 ETH
16.280,44 $
|
0.7% |
53.468 ETH
162.706.762 $
|
9,80 ETH
29.823 $
|
2 | 0.1% | ||||
74 |
PX Quest
Ethereum
|
0,66 ETH
2.005,39 $
|
4.5% |
4.943 ETH
15.040.392 $
|
9,70 ETH
29.521 $
|
15 | 0.2% | ||||
75 |
PXQuest Adventurer
Ethereum
|
0,66 ETH
2.005,31 $
|
4.6% |
4.943 ETH
15.039.810 $
|
9,09 ETH
27.664 $
|
14 | 0.2% | ||||
76 |
Famous Fox Federation
Solana
|
5,65 SOL
875,46 $
|
1.5% |
43.923 SOL
6.808.456 $
|
175,41 SOL
27.191 $
|
28 | 0.1% | ||||
77 |
Paingelz
Solana
|
1,22 SOL
188,99 $
|
11.8% |
12.196 SOL
1.889.682 $
|
163,40 SOL
25.317 $
|
139 | 0.0% | ||||
78 |
The Anata NFT
Ethereum
|
0,76 ETH
2.303,30 $
|
5.3% |
1.509 ETH
4.592.785 $
|
8,29 ETH
25.229 $
|
11 | 0.2% | ||||
79 |
vVv Season 1
Ethereum
|
0,34 ETH
1.034,65 $
|
36.0% |
1.686 ETH
5.131.840 $
|
7,63 ETH
23.216 $
|
26 | 3.7% | ||||
80 |
Aurory
Solana
|
4,92 SOL
761,32 $
|
0.1% |
49.206 SOL
7.607.911 $
|
148,25 SOL
22.921 $
|
29 | 0.0% | ||||
81 |
RTFKT Animus Egg 🥚
Ethereum
|
0,18 ETH
541,06 $
|
5.4% |
3.082 ETH
9.377.626 $
|
7,40 ETH
22.513 $
|
45 | 0.0% | ||||
82 |
Otherdeed for Otherside
Ethereum
|
0,21 ETH
636,61 $
|
1.6% |
9.879 ETH
30.061.395 $
|
7,37 ETH
22.421 $
|
28 | 0.1% | ||||
83 |
The Potatoz
Ethereum
|
1,90 ETH
5.772,71 $
|
2.4% |
18.968 ETH
57.721.336 $
|
7,36 ETH
22.391 $
|
4 | 0.1% | ||||
84 |
Sugartown Oras
Ethereum
|
0,16 ETH
490,61 $
|
6.8% |
1.068 ETH
3.251.270 $
|
7,14 ETH
21.733 $
|
46 | 0.2% | ||||
85 |
MATR1X KUKU
Ethereum
|
1,79 ETH
5.441,02 $
|
0.0% |
11.919 ETH
36.269.811 $
|
7,13 ETH
21.691 $
|
4 | 0.0% | ||||
86 |
TODAY - Ancient Seed
Ethereum
|
1,49 ETH
4.534,18 $
|
3.9% |
1.158 ETH
3.523.058 $
|
6,89 ETH
20.967 $
|
5 | 0.8% | ||||
87 |
Bitcoin Trumps
Bitcoin
|
0,004 BTC
224,05 $
|
18.7% |
35,50 BTC
2.240.523 $
|
0,33 BTC
20.882 $
|
80 | 0.1% | ||||
88 |
Terraforms by Mathcastles
Ethereum
|
0,84 ETH
2.554,61 $
|
0.0% |
8.313 ETH
25.318.696 $
|
6,71 ETH
20.448 $
|
8 | 0.2% | ||||
89 |
Forgotten Runes Wizards Cult
Ethereum
|
0,62 ETH
1.882,12 $
|
3.4% |
5.753 ETH
17.522.520 $
|
6,71 ETH
20.436 $
|
11 | 0.0% | ||||
90 |
Parallel
Ethereum
|
0,0000 ETH
0,00094563 $
|
99.8% |
0,0004 ETH
1,20 $
|
6,64 ETH
20.238 $
|
145 | 0.0% | ||||
91 |
Yogurt Verse
Ethereum
|
1,20 ETH
3.651,62 $
|
4.3% |
384,00 ETH
1.168.519 $
|
6,61 ETH
20.099 $
|
6 | 0.0% | ||||
92 |
O.P.I.U.M.
Bitcoin
|
0,29 BTC
18.230,16 $
|
0.0% |
224,40 BTC
14.164.837 $
|
0,30 BTC
18.937,15 $
|
1 | 0.0% | ||||
93 |
Solcasino.io
Solana
|
19,75 SOL
3.053,61 $
|
1.3% |
98.750 SOL
15.268.071 $
|
121,71 SOL
18.818,26 $
|
6 | 3.7% | ||||
94 |
Wassies by Wassies
Ethereum
|
0,50 ETH
1.534,93 $
|
0.7% |
4.864 ETH
14.802.830 $
|
6,18 ETH
18.794,02 $
|
13 | 0.0% | ||||
95 |
Yogapetz
Ethereum
|
0,45 ETH
1.369,38 $
|
0.0% |
4.543 ETH
13.823.923 $
|
6,15 ETH
18.708,82 $
|
10 | 0.0% | ||||
96 |
Pixels - Farm Land
Ethereum
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1,50 ETH
4.567,09 $
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0.0% |
7.498 ETH
22.835.427 $
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6,09 ETH
18.546,85 $
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3 | 0.0% | ||||
97 |
rektguy
Ethereum
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0,36 ETH
1.086,96 $
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0.8% |
3.146 ETH
9.580.431 $
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6,02 ETH
18.341,81 $
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17 | 0.1% | ||||
98 |
Natcats
Bitcoin
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0,028 BTC
1.736,23 $
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5.0% |
221,76 BTC
14.000.982 $
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0,27 BTC
17.188,62 $
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10 | 0.0% | ||||
99 |
Celestine Sloth Society
Stargaze
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209.000 STARS
4.370,10 $
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7.1% |
522.500.000 STARS
10.925.253 $
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802.000 STARS
16.769,48 $
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4 | 0.0% | ||||
100 |
Saku Monsters Generation I
Solana
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0,66 SOL
102,06 $
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1.5% |
10.654 SOL
1.650.781 $
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107,04 SOL
16.584,09 $
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117 | 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.