Raccolte dei principali Bitcoin 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 |
Rune Pups
Bitcoin
|
0,090 BTC
5.786,02 $
|
1.4% |
970,02 BTC
62.361.742 $
|
9,35 BTC
601.264 $
|
80 | 0.4% | ||||
2 |
Ordinal Maxi Biz (OMB)
Bitcoin
|
0,45 BTC
28.952 $
|
9.7% |
944,58 BTC
60.799.714 $
|
5,25 BTC
337.831 $
|
11 | 0.5% | ||||
3 |
Bitcoin Puppets
Bitcoin
|
0,27 BTC
17.308,31 $
|
4.6% |
2.689 BTC
173.100.366 $
|
4,45 BTC
286.586 $
|
16 | 2.0% | ||||
4 |
NodeMonkes
Bitcoin
|
0,33 BTC
21.182 $
|
2.8% |
3.290 BTC
211.815.745 $
|
4,10 BTC
264.204 $
|
12 | 0.0% | ||||
5 |
Bitcoin Frogs
Bitcoin
|
0,058 BTC
3.733,49 $
|
6.4% |
579,90 BTC
37.334.939 $
|
3,38 BTC
217.463 $
|
59 | 0.9% | ||||
6 |
Quantum Cats
Bitcoin
|
0,40 BTC
25.431 $
|
5.9% |
1.317 BTC
84.760.742 $
|
2,00 BTC
128.981 $
|
5 | 0.0% | ||||
7 |
RSIC METAPROTOCOL
Bitcoin
|
0,046 BTC
2.974,43 $
|
3.1% |
970,20 BTC
62.463.111 $
|
1,20 BTC
77.224 $
|
25 | 0.0% | ||||
8 |
Runestone
Bitcoin
|
0,013 BTC
823,90 $
|
14.4% |
1.439 BTC
92.606.194 $
|
1,03 BTC
66.562 $
|
80 | 0.0% | ||||
9 |
Prometheans
Bitcoin
|
0,011 BTC
707,39 $
|
13.5% |
230,79 BTC
14.855.277 $
|
0,92 BTC
59.196 $
|
80 | 0.2% | ||||
10 |
Lil Peepos
Bitcoin
|
0,31 BTC
19.958,32 $
|
6.9% |
130,20 BTC
8.382.495 $
|
0,89 BTC
57.428 $
|
3 | 0.4% | ||||
11 |
Peepos
Bitcoin
|
0,31 BTC
19.953,79 $
|
6.9% |
130,20 BTC
8.380.593 $
|
0,89 BTC
57.415 $
|
3 | 0.4% | ||||
12 |
Natcats
Bitcoin
|
0,035 BTC
2.245,77 $
|
2.7% |
281,35 BTC
18.109.866 $
|
0,79 BTC
51.114 $
|
23 | 0.2% | ||||
13 |
Pizza Ninjas
Bitcoin
|
0,16 BTC
10.394,64 $
|
0.0% |
242,24 BTC
15.591.958 $
|
0,49 BTC
31.347 $
|
3 | 0.3% | ||||
14 |
Bitcoin Boos: Boottalion
Bitcoin
|
0,016 BTC
1.023,77 $
|
17.3% |
28,99 BTC
1.863.253 $
|
0,24 BTC
15.614,83 $
|
15 | 0.7% | ||||
15 |
INK
Bitcoin
|
0,014 BTC
875,39 $
|
1.4% |
136,00 BTC
8.753.922 $
|
0,24 BTC
15.242,11 $
|
16 | 0.1% | ||||
16 |
Fomojis 2.0
Bitcoin
|
0,025 BTC
1.608,53 $
|
2.0% |
50,20 BTC
3.231.543 $
|
0,23 BTC
14.961,48 $
|
9 | 1.1% | ||||
17 |
Tiny Vikings
Bitcoin
|
0,004 BTC
257,47 $
|
21.2% |
80,00 BTC
5.149.366 $
|
0,22 BTC
14.338,67 $
|
58 | 0.2% | ||||
18 |
Rune Doors
Bitcoin
|
0,004 BTC
254,89 $
|
2.9% |
39,60 BTC
2.548.930 $
|
0,21 BTC
13.497,31 $
|
56 | 0.7% | ||||
19 |
The Wizards of Ord
Bitcoin
|
0,022 BTC
1.428,95 $
|
11.2% |
73,99 BTC
4.762.687 $
|
0,15 BTC
9.867,47 $
|
7 | 0.0% | ||||
20 |
Bitcoin Burials
Bitcoin
|
0,004 BTC
215,88 $
|
15.8% |
36,40 BTC
2.158.837 $
|
0,15 BTC
8.981,83 $
|
40 | 2.6% | ||||
21 |
Honey Badgers
Bitcoin
|
0,023 BTC
1.499,75 $
|
5.4% |
233,00 BTC
14.997.528 $
|
0,15 BTC
9.696,26 $
|
7 | 0.0% | ||||
22 |
BTC Machines
Bitcoin
|
0,16 BTC
10.391,20 $
|
11.3% |
125,41 BTC
8.073.966 $
|
0,15 BTC
9.335,34 $
|
1 | 0.5% | ||||
23 |
bitmap
Bitcoin
|
Acquista
|
0,001 BTC
86,27 $
|
7.2% |
1.064 BTC
68.473.570 $
|
0,13 BTC
8.365,11 $
|
80 | 0.0% | |||
24 |
Oblivion by Nullish
Bitcoin
|
0,092 BTC
5.908,90 $
|
0.2% |
50,86 BTC
3.273.529 $
|
0,092 BTC
5.921,77 $
|
1 | 0.0% | ||||
25 |
BIT APES by BAYC Members
Bitcoin
|
0,002 BTC
160,00 $
|
21.7% |
23,50 BTC
1.599.955 $
|
0,083 BTC
5.624,35 $
|
16 | 0.2% | ||||
26 |
OnChainMonkey (OCM) Genesis
Bitcoin
|
0,066 BTC
4.243,10 $
|
1.3% |
660,00 BTC
42.431.032 $
|
0,071 BTC
4.564,55 $
|
1 | 0.2% | ||||
27 |
FloraForms by Harto X Belvedere
Bitcoin
|
0,005 BTC
340,68 $
|
8.3% |
53,00 BTC
3.406.771 $
|
0,071 BTC
4.547,07 $
|
11 | 0.1% | ||||
28 |
Hashlings
Bitcoin
|
0,007 BTC
475,57 $
|
1.3% |
37,41 BTC
2.404.017 $
|
0,064 BTC
4.080,92 $
|
8 | 0.6% | ||||
29 |
Ordinal Shards by Billy Restey
Bitcoin
|
0,097 BTC
6.227,42 $
|
58.9% |
9,69 BTC
622.742 $
|
0,061 BTC
3.920,26 $
|
1 | 0.0% | ||||
30 |
BitMON
Bitcoin
|
0,065 BTC
4.185,36 $
|
0.0% |
9,75 BTC
627.803 $
|
0,060 BTC
3.863,40 $
|
1 | 0.7% | ||||
31 |
Rare Sats
Bitcoin
|
0,0000 BTC
0,00064289 $
|
0.0% |
0 BTC
0,00 €
|
0,059 BTC
3.764,21 $
|
80 | 0.4% | ||||
32 |
Pingoos
Bitcoin
|
0,004 BTC
257,64 $
|
29.0% |
5,00 BTC
322.054 $
|
0,056 BTC
3.631,48 $
|
16 | 1.4% | ||||
33 |
BITCOIN BABBIES
Bitcoin
|
0,004 BTC
280,01 $
|
12.7% |
22,62 BTC
1.456.031 $
|
0,053 BTC
3.429,59 $
|
11 | 0.2% | ||||
34 |
The Block
Bitcoin
|
0,015 BTC
957,57 $
|
2.0% |
14,90 BTC
957.571 $
|
0,049 BTC
3.142,63 $
|
3 | 0.0% | ||||
35 |
Sats Hunters
Bitcoin
|
0,008 BTC
534,37 $
|
38.3% |
9,44 BTC
608.117 $
|
0,045 BTC
2.918,16 $
|
7 | 1.3% | ||||
36 |
Puppet Maxi Biz (PMB)
Bitcoin
|
0,003 BTC
178,53 $
|
4.8% |
27,77 BTC
1.785.309 $
|
0,042 BTC
2.710,62 $
|
15 | 0.3% | ||||
37 |
Little Pups
Bitcoin
|
0,004 BTC
256,04 $
|
5.0% |
39,90 BTC
2.560.382 $
|
0,038 BTC
2.438,39 $
|
9 | 0.1% | ||||
38 |
Ape Odyssey
Bitcoin
|
0,006 BTC
397,86 $
|
11.6% |
30,95 BTC
1.989.289 $
|
0,036 BTC
2.317,73 $
|
5 | 0.1% | ||||
39 |
CC0
Bitcoin
|
0,003 BTC
192,80 $
|
8.5% |
30,00 BTC
1.928.180 $
|
0,033 BTC
2.149,71 $
|
11 | 3.0% | ||||
40 |
BTC Slugs
Bitcoin
|
0,002 BTC
127,27 $
|
0.1% |
6,60 BTC
424.197 $
|
0,032 BTC
2.053,64 $
|
16 | 0.3% | ||||
41 |
Runevo
Bitcoin
|
0,002 BTC
115,90 $
|
18.6% |
10,85 BTC
698.310 $
|
0,031 BTC
2.002,53 $
|
18 | 0.1% | ||||
42 |
Ordinal Rugs
Bitcoin
|
0,030 BTC
1.898,89 $
|
4.8% |
4,34 BTC
279.137 $
|
0,031 BTC
1.995,44 $
|
1 | 0.9% | ||||
43 |
EVERYDAY SATOSHIS
Bitcoin
|
0,001 BTC
79,58 $
|
0.0% |
6,93 BTC
444.693 $
|
0,023 BTC
1.495,98 $
|
18 | 0.6% | ||||
44 |
IMSO: Champions
Bitcoin
|
0,011 BTC
707,02 $
|
12.7% |
12,22 BTC
785.496 $
|
0,023 BTC
1.478,31 $
|
2 | 0.0% | ||||
45 |
XO Unchained
Bitcoin
|
0,0009 BTC
61,00 $
|
21.0% |
9,48 BTC
610.015 $
|
0,022 BTC
1.437,02 $
|
17 | 0.0% | ||||
46 |
Rune Whisperers
Bitcoin
|
0,002 BTC
121,99 $
|
17.1% |
18,98 BTC
1.219.862 $
|
0,021 BTC
1.327,21 $
|
10 | 0.0% | ||||
47 |
Mikan!
Bitcoin
|
0,0009 BTC
57,21 $
|
0.0% |
2,97 BTC
190.674 $
|
0,015 BTC
950,04 $
|
15 | 0.2% | ||||
48 |
DogePunks
Bitcoin
|
0,003 BTC
180,18 $
|
6.0% |
28,00 BTC
1.801.751 $
|
0,012 BTC
761,24 $
|
4 | 0.0% | ||||
49 |
BTC Mutant Virus
Bitcoin
|
0,011 BTC
707,07 $
|
0.0% |
8,55 BTC
549.390 $
|
0,011 BTC
707,07 $
|
1 | 0.0% | ||||
50 |
PepeNals
Bitcoin
|
0,001 BTC
86,97 $
|
0.0% |
9,32 BTC
600.112 $
|
0,010 BTC
644,18 $
|
5 | 0.1% | ||||
51 |
RunePunks
Bitcoin
|
0,0010 BTC
63,00 $
|
6.7% |
9,80 BTC
630.033 $
|
0,008 BTC
534,24 $
|
9 | 0.2% | ||||
52 |
BTC Land
Bitcoin
|
0,0004 BTC
25,05 $
|
0.3% |
11,45 BTC
737.027 $
|
0,007 BTC
433,97 $
|
3 | 0.0% | ||||
53 |
NodeRocks
Bitcoin
|
0,002 BTC
109,43 $
|
5.0% |
17,00 BTC
1.094.276 $
|
0,006 BTC
411,96 $
|
4 | 0.0% | ||||
54 |
RSIC BOOST
Bitcoin
|
0,003 BTC
192,80 $
|
25.0% |
0,003 BTC
192,80 $
|
0,006 BTC
385,60 $
|
2 | 0.0% | ||||
55 |
Elemental Runes
Bitcoin
|
0,0003 BTC
18,64 $
|
17.1% |
2,00 BTC
128.613 $
|
0,006 BTC
374,08 $
|
17 | 0.1% | ||||
56 |
RuneX: The Secret Weapon
Bitcoin
|
0,003 BTC
192,59 $
|
26.8% |
23,33 BTC
1.497.779 $
|
0,005 BTC
320,98 $
|
1 | 0.0% | ||||
57 |
RuneX: UNNAMED
Bitcoin
|
0,003 BTC
193,21 $
|
26.8% |
23,33 BTC
1.502.574 $
|
0,005 BTC
322,01 $
|
1 | 0.0% | ||||
58 |
Bitcoin Whales
Bitcoin
|
0,002 BTC
102,18 $
|
0.0% |
15,90 BTC
1.021.837 $
|
0,003 BTC
204,37 $
|
2 | 0.1% | ||||
59 |
BTC Virus
Bitcoin
|
0,001 BTC
93,21 $
|
9.4% |
14,49 BTC
931.367 $
|
0,003 BTC
199,28 $
|
2 | 0.0% | ||||
60 |
The Odyssey
Bitcoin
|
0,003 BTC
180,26 $
|
0.0% |
2,80 BTC
180.075 $
|
0,003 BTC
180,26 $
|
1 | 0.0% | ||||
61 |
BitBonnies
Bitcoin
|
0,003 BTC
184,74 $
|
0.0% |
2,87 BTC
184.555 $
|
0,003 BTC
160,92 $
|
1 | 0.2% | ||||
62 |
OG Satoshis
Bitcoin
|
0,003 BTC
186,41 $
|
0.0% |
4,93 BTC
316.894 $
|
0,002 BTC
151,05 $
|
1 | 0.0% | ||||
63 |
MNCHRMS
Bitcoin
|
0,001 BTC
72,54 $
|
0.0% |
11,41 BTC
732.752 $
|
0,002 BTC
145,09 $
|
2 | 0.1% | ||||
64 |
BTCWC.Toilet
Bitcoin
|
0,0007 BTC
44,99 $
|
0.0% |
4,20 BTC
269.919 $
|
0,002 BTC
138,82 $
|
3 | 0.0% | ||||
65 |
Commoners
Bitcoin
|
0,002 BTC
122,15 $
|
2.9% |
19,00 BTC
1.221.499 $
|
0,002 BTC
125,36 $
|
1 | 0.0% | ||||
66 |
Runers by BVM
Bitcoin
|
0,002 BTC
104,11 $
|
14.7% |
34,01 BTC
2.185.722 $
|
0,002 BTC
102,83 $
|
1 | 0.0% | ||||
67 |
GameStone
Bitcoin
|
0,0001 BTC
5,84 $
|
9.9% |
0,0001 BTC
5,84 $
|
0,002 BTC
102,45 $
|
17 | 0.0% | ||||
68 |
Runes As Fuck
Bitcoin
|
0,0003 BTC
19,32 $
|
16.7% |
5,04 BTC
324.544 $
|
0,002 BTC
97,23 $
|
4 | 0.0% | ||||
69 |
Game of Blocks
Bitcoin
|
0,0004 BTC
22,52 $
|
2.8% |
31,11 BTC
2.001.925 $
|
0,001 BTC
92,02 $
|
4 | 0.0% | ||||
70 |
The Rune Guardians - Miners
Bitcoin
|
0,0003 BTC
17,39 $
|
18.2% |
2,70 BTC
173.853 $
|
0,001 BTC
81,78 $
|
2 | 0.0% | ||||
71 |
KarmaStone
Bitcoin
|
0,0006 BTC
37,29 $
|
68.6% |
17,40 BTC
1.118.636 $
|
0,001 BTC
76,50 $
|
2 | 0.0% | ||||
72 |
NatMonkeys
Bitcoin
|
0,0001 BTC
9,38 $
|
4.3% |
1,18 BTC
75.663 $
|
0,0008 BTC
50,51 $
|
5 | 0.3% | ||||
73 |
DomoDucks (Serial Edition)
Bitcoin
|
0,0006 BTC
38,61 $
|
0.0% |
1,54 BTC
99.258 $
|
0,0006 BTC
38,61 $
|
1 | 0.0% | ||||
74 |
AINN Rune Star
Bitcoin
|
0,0001 BTC
7,71 $
|
2.4% |
11,33 BTC
728.072 $
|
0,0006 BTC
38,56 $
|
5 | 0.0% | ||||
75 |
Titan Meka
Bitcoin
|
0,0006 BTC
35,39 $
|
0.0% |
2,33 BTC
150.123 $
|
0,0006 BTC
35,39 $
|
1 | 0.2% | ||||
76 |
Blesstiger(♆) [Reinscriptions]
Bitcoin
|
0,001 BTC
70,78 $
|
5.2% |
3,67 BTC
235.920 $
|
0 BTC
0,00 €
|
0 | 0.0% | ||||
77 |
Deus Ex Machina by CyberSea X VIVID
Bitcoin
|
0,018 BTC
1.154,90 $
|
0.0% |
7,20 BTC
461.961 $
|
0 BTC
0,00 €
|
0 | 0.0% | ||||
78 |
Eggtoshis
Bitcoin
|
0,008 BTC
515,19 $
|
0.0% |
2,01 BTC
129.314 $
|
0 BTC
0,00 €
|
0 | 0.0% | ||||
79 |
Bitcoin Skellies
Bitcoin
|
0,001 BTC
80,50 $
|
6.7% |
0,56 BTC
35.742 $
|
0 BTC
0,00 €
|
0 | 0.0% | ||||
80 |
Bitmaps by OTO
Bitcoin
|
0,003 BTC
173,88 $
|
9.7% |
0,70 BTC
45.208 $
|
0 BTC
0,00 €
|
0 | 0.0% | ||||
81 |
BE with you
Bitcoin
|
0,001 BTC
64,40 $
|
0.0% |
0,10 BTC
6.439,92 $
|
0 BTC
0,00 €
|
0 | 0.0% | ||||
82 |
xMonkes
Bitcoin
|
0,009 BTC
577,53 $
|
0.0% |
90,00 BTC
5.775.298 $
|
0 BTC
0,00 €
|
0 | 0.0% | ||||
83 |
AYELIENS: World Domination
Bitcoin
|
0,0006 BTC
37,85 $
|
9.2% |
1,18 BTC
75.705 $
|
0 BTC
0,00 €
|
0 | 0.0% | ||||
84 |
Exotic Sats Store by @DAnTerBTC
Bitcoin
|
0,001 BTC
64,40 $
|
0.0% |
0,50 BTC
32.200 $
|
0 BTC
0,00 €
|
0 | 0.0% | ||||
85 |
Bitcoin Crypto DickButts
Bitcoin
|
0,0004 BTC
24,39 $
|
0.0% |
1,98 BTC
126.815 $
|
0 BTC
0,00 €
|
0 | 0.0% | ||||
86 |
Bitcoin Budgie
Bitcoin
|
0,045 BTC
2.886,21 $
|
0.4% |
0,58 BTC
37.521 $
|
0 BTC
0,00 €
|
0 | 0.0% | ||||
87 |
Bitcoin Rocks
Bitcoin
|
4,20 BTC
270.582 $
|
0.0% |
420,00 BTC
27.058.182 $
|
0 BTC
0,00 €
|
0 | 0.0% | ||||
88 |
Galactic Ordinals
Bitcoin
|
0,003 BTC
192,46 $
|
0.0% |
0,90 BTC
57.739 $
|
0 BTC
0,00 €
|
0 | 0.0% | ||||
89 |
Sqordinals
Bitcoin
|
0,040 BTC
2.551,02 $
|
0.0% |
10,16 BTC
653.062 $
|
0 BTC
0,00 €
|
0 | 0.0% | ||||
90 |
OrdGoose
Bitcoin
|
0,0001 BTC
5,13 $
|
0.0% |
0,56 BTC
35.780 $
|
0 BTC
0,00 €
|
0 | 0.0% | ||||
91 |
Cursed Satorian Dimension
Bitcoin
|
0,002 BTC
128,56 $
|
33.3% |
1,24 BTC
79.448 $
|
0 BTC
0,00 €
|
0 | 0.0% | ||||
92 |
The Rune Guardians
Bitcoin
|
0,0002 BTC
15,29 $
|
10.8% |
2,38 BTC
152.900 $
|
0 BTC
0,00 €
|
0 | 0.0% | ||||
93 |
Satoria Shop
Bitcoin
|
0,0002 BTC
14,82 $
|
0.0% |
0,45 BTC
29.235 $
|
0 BTC
0,00 €
|
0 | 0.0% | ||||
94 |
Distortion by Nullish
Bitcoin
|
0,013 BTC
802,22 $
|
3.8% |
13,89 BTC
891.264 $
|
0 BTC
0,00 €
|
0 | 0.0% | ||||
95 |
Apostles of Greed 🟠
Bitcoin
|
0,012 BTC
745,01 $
|
3.2% |
32,14 BTC
2.062.197 $
|
0 BTC
0,00 €
|
0 | 0.4% | ||||
96 |
GLAM
Bitcoin
|
0,0004 BTC
25,34 $
|
0.0% |
0,13 BTC
8.286,84 $
|
0 BTC
0,00 €
|
0 | 0.0% | ||||
97 |
TradFiLines
Bitcoin
|
0,065 BTC
4.178,12 $
|
7.1% |
32,50 BTC
2.089.058 $
|
0 BTC
0,00 €
|
0 | 0.0% | ||||
98 |
Pepe Punks
Bitcoin
|
0,002 BTC
157,51 $
|
0.0% |
8,17 BTC
524.975 $
|
0 BTC
0,00 €
|
0 | 0.0% | ||||
99 |
BitPepe
Bitcoin
|
0,0001 BTC
7,70 $
|
0.0% |
0,40 BTC
25.668 $
|
0 BTC
0,00 €
|
0 | 0.0% | ||||
100 |
Ordinals Artwork By Seto
Bitcoin
|
0,001 BTC
64,20 $
|
0.0% |
0,10 BTC
6.612,29 $
|
0 BTC
0,00 €
|
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.