Prezzi delle principali raccolte di NFT classificate in base alla capitalizzazione di mercato
| # | NFT | Prezzo minimo | 24h | 7g | 30g | Ultimi 7 giorni | Cap. di mercato | Volume in 24 ore | Vendite 24h | |||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 101 |
|
Whal3s
|
6,27 SOL
532,51 $
|
0.0% | 13.9% | 20.6% |
|
266.257 $
3.137 SOL
|
25,78 SOL
2.188,23 $
|
5 | ||
| 102 |
|
BullBears
|
0,33 SOL
28,01 $
|
7.6% | 52.7% | 20.0% |
|
217.358 $
2.560 SOL
|
15,32 SOL
1.300,34 $
|
17 | ||
| 103 |
|
Courtyard.io
|
0,0002 ETH
0,455908 $
|
0.3% | 1.0% | 18.0% |
|
209.596 $
90,53 ETH
|
94,66 ETH
219.152 $
|
3.863 | ||
| 104 |
|
OZMO
|
23,41 SOL
1.987,10 $
|
0.0% | 0.0% | 0.0% |
|
109.291 $
1.287 SOL
|
21,00 SOL
1.782,60 $
|
1 | ||
| 105 |
|
DeezNode
|
431,21 SOL
36.605 $
|
0.0% | 0.0% | 0.0% |
|
73.210 $
862,41 SOL
|
345,00 SOL
29.287 $
|
1 | ||
| 106 |
|
Drifella III
|
0,59 SOL
49,96 $
|
0.0% | 0.0% | 0.0% |
|
66.594 $
784,47 SOL
|
85,41 SOL
7.250,23 $
|
111 | ||
| 107 |
|
Trench Warriors
|
0,15 SOL
12,81 $
|
0.0% | 7.3% | 7.3% |
|
54.277 $
639,39 SOL
|
12,29 SOL
1.043,69 $
|
58 | ||
| 108 |
|
ShonenSOL
|
0,13 SOL
10,90 $
|
73.2% | 103.1% | 103.1% |
|
22.138 $
260,78 SOL
|
29,27 SOL
2.485,09 $
|
204 | ||
| 109 |
|
The Magus Official
|
0,004 ETH
9,24 $
|
0.0% | 0.0% | 0.0% |
|
7.861,29 $
3,40 ETH
|
0,83 ETH
1.912,16 $
|
- | ||
| 110 |
|
Trump Bitcoin Digital Trading Cards
|
0,075 BTC
5.642,51 $
|
0.0% | 0.0% | 0.0% |
|
5.642,51 $
0,075 BTC
|
0,031 BTC
2.332,24 $
|
1 | ||
| 111 |
|
Bonk Puppets
|
0,023 SOL
1,96 $
|
0.0% | 0.0% | 0.0% |
|
4.308,22 $
50,75 SOL
|
55,92 SOL
4.746,73 $
|
2.241 | ||
| - |
|
Otherside Koda
|
0,73 ETH
1.689,87 $
|
14.1% | 6.0% | 15.9% |
|
13.676.158 $
5.907 ETH
|
21,27 ETH
49.251 $
|
30 | ||
| - |
|
The Memes by 6529
|
0,016 ETH
36,12 $
|
5.7% | 6.3% | 12.1% |
|
7.323.369 $
3.163 ETH
|
0,64 ETH
1.472,92 $
|
10 | ||
| - |
|
y00ts (Solana)
|
1,14 SOL
96,88 $
|
0.3% | 3.7% | 0.0% |
|
770.780 $
9.080 SOL
|
11,51 SOL
977,40 $
|
10 | ||
| - |
|
Gamba Dogs
|
6,89 SOL
584,96 $
|
0.6% | 59.7% | 11.3% |
|
1.169.917 $
13.782 SOL
|
11,41 SOL
968,51 $
|
2 | ||
| - |
|
BTC DeGods
|
0,017 BTC
1.241,35 $
|
0.0% | 33.7% | 17.5% |
|
664.123 $
8,83 BTC
|
0,012 BTC
914,09 $
|
1 | ||
| - |
|
MetaWinners
|
0,21 ETH
493,14 $
|
1.4% | 20.0% | 4.2% |
|
4.931.395 $
2.130 ETH
|
0,36 ETH
840,42 $
|
2 | ||
| - |
|
Heavy Liquid Graphic
|
0,66 SOL
56,32 $
|
1.6% | 1.6% | 1.6% |
|
56.260 $
662,74 SOL
|
9,91 SOL
840,86 $
|
13 | ||
| - |
|
Cool Cats
|
0,18 ETH
414,42 $
|
1.8% | 3.9% | 5.8% |
|
4.130.972 $
1.784 ETH
|
0,36 ETH
829,95 $
|
2 | ||
| - |
|
Pixelmon
|
0,012 ETH
28,80 $
|
11.1% | 28.9% | 54.1% |
|
374.531 $
161,77 ETH
|
0,35 ETH
801,06 $
|
29 | ||
| - |
|
BEANZ Official
|
0,039 ETH
90,18 $
|
0.0% | 7.3% | 9.0% |
|
1.799.043 $
777,05 ETH
|
0,34 ETH
794,67 $
|
9 | ||
| - |
|
Taiji Labs Genesis Keys
|
0,15 ETH
339,87 $
|
22.3% | 0.7% | 18.0% |
|
135.949 $
58,72 ETH
|
0,34 ETH
782,54 $
|
3 | ||
| - |
|
Invisible Friends
|
0,12 ETH
280,60 $
|
4.5% | 22.9% | 21.8% |
|
1.402.997 $
605,99 ETH
|
0,33 ETH
756,38 $
|
3 | ||
| - |
|
GAINZ
|
2,86 SOL
242,89 $
|
7.5% | 21.4% | 5.0% |
|
809.555 $
9.537 SOL
|
8,91 SOL
756,53 $
|
3 | ||
| - |
|
Kanpai Pandas
|
0,057 ETH
131,74 $
|
1.9% | 16.1% | 16.3% |
|
1.162.699 $
502,20 ETH
|
0,32 ETH
740,87 $
|
1 | ||
| - |
|
IO: Imaginary Ones
|
0,072 ETH
166,05 $
|
6.9% | 15.1% | 14.6% |
|
1.475.827 $
637,45 ETH
|
0,31 ETH
728,60 $
|
5 | ||
| - |
|
Kemonokaki
|
0,018 ETH
42,22 $
|
10.5% | 8.5% | 6.5% |
|
422.226 $
182,37 ETH
|
0,31 ETH
715,47 $
|
9 | ||
| - |
|
Nippy: Magnet for Mischief
|
0,028 ETH
64,83 $
|
18.8% | 14.1% | 8.6% |
|
208.869 $
90,22 ETH
|
0,31 ETH
715,03 $
|
6 | ||
| - |
|
Yokai Avengers
|
0,003 BTC
247,52 $
|
37.1% | 26.1% | 15.4% |
|
166.332 $
2,21 BTC
|
0,010 BTC
714,72 $
|
4 | ||
| - |
|
Yue Minjun - Kingdom of the Laughing Man: Boundless
|
0,051 ETH
117,91 $
|
0.1% | 1.1% | 15.1% |
|
117.789 $
50,88 ETH
|
0,31 ETH
709,09 $
|
6 | ||
| - |
|
Creepz by OVERLORD
|
0,16 ETH
358,91 $
|
2.1% | 11.1% | 16.1% |
|
3.987.806 $
1.722 ETH
|
0,30 ETH
704,98 $
|
2 | ||
| - |
|
Zero Name Service
|
0,067 ETH
156,12 $
|
0.2% | 0.5% | 6.2% |
|
1.145.622 $
494,82 ETH
|
0,30 ETH
694,56 $
|
1 | ||
| - |
|
OnChainMonkey (OCM) Genesis
|
0,012 BTC
901,30 $
|
0.0% | 4.2% | 4.3% |
|
9.012.962 $
119,80 BTC
|
0,009 BTC
684,62 $
|
1 | ||
| - |
|
OCM Genesis by OnChainMonkey®
|
0,012 BTC
901,30 $
|
0.0% | 4.2% | 4.3% |
|
9.012.962 $
119,80 BTC
|
0,009 BTC
684,62 $
|
1 | ||
| - |
|
Loot
|
0,065 ETH
150,49 $
|
72.8% | 36.6% | 35.0% |
|
1.170.652 $
505,63 ETH
|
0,30 ETH
684,72 $
|
7 | ||
| - |
|
Just Ape.
|
0,15 SOL
12,77 $
|
440.1% | 440.1% | 440.1% |
|
127.619 $
1.503 SOL
|
7,77 SOL
659,31 $
|
108 | ||
| - |
|
Polychain Monsters | BNB Chain
|
50,00 BNB
30.979 $
|
0.0% | 7042.9% | 111011.1% |
|
15.875.827.728 $
25.623.750 BNB
|
1,05 BNB
652,76 $
|
10 | ||
| - |
|
TinFun
|
0,074 ETH
171,33 $
|
0.0% | 48.6% | 48.0% |
|
1.713.259 $
740,00 ETH
|
0,28 ETH
639,46 $
|
4 | ||
| - |
|
Golfn Season 1 Cards
|
0,86 SOL
72,73 $
|
0.0% | 20.0% | 27.3% |
|
544.265 $
6.411 SOL
|
7,50 SOL
636,67 $
|
1 | ||
| - |
|
Tomorrowland: The Reflection of Love
|
7,55 SOL
640,66 $
|
0.0% | 0.7% | 3.2% |
|
4.159.816 $
49.003 SOL
|
7,40 SOL
628,10 $
|
1 | ||
| - |
|
Zecrey Chameleon Avatar
|
0,50 BNB
309,79 $
|
4.4% | 14.2% | 823.5% |
|
1.454.142 $
2.347 BNB
|
1,01 BNB
628,28 $
|
3 | ||
| - |
|
Puffsterz
|
2,23 SOL
189,69 $
|
4.9% | 16.0% | 0.0% |
|
357.938 $
4.217 SOL
|
7,14 SOL
606,11 $
|
3 | ||
| - |
|
Pizza Ninjas
|
0,009 BTC
656,04 $
|
0.0% | 0.9% | 17.7% |
|
984.053 $
13,08 BTC
|
0,008 BTC
604,12 $
|
1 | ||
| - |
|
Lazy Lions
|
0,058 ETH
134,28 $
|
4.2% | 7.6% | 8.9% |
|
1.353.497 $
584,61 ETH
|
0,26 ETH
603,75 $
|
5 | ||
| - |
|
BTC Machines
|
0,009 BTC
658,29 $
|
1.7% | 7.4% | 9.4% |
|
511.493 $
6,80 BTC
|
0,008 BTC
601,87 $
|
1 | ||
| - |
|
Doge Friends
|
0,39 BNB
244,44 $
|
0.0% | 0.0% | 0.0% |
|
73.333 $
118,36 BNB
|
0,97 BNB
601,45 $
|
- | ||
| - |
|
LoudPunx
|
0,26 ETH
599,63 $
|
10.2% | 8.4% | 26.0% |
|
1.460.108 $
630,66 ETH
|
0,26 ETH
599,64 $
|
1 | ||
| - |
|
Collector Crypt
|
0,13 SOL
11,39 $
|
0.0% | 3.1% | 0.7% |
|
746.947 $
8.799 SOL
|
6,85 SOL
581,30 $
|
13 | ||
| - |
|
Final Bosu
|
0,038 ETH
88,90 $
|
1.1% | 9.5% | 5.4% |
|
790.179 $
341,30 ETH
|
0,25 ETH
575,33 $
|
7 | ||
| - |
|
Retardio Cousins
|
1,18 SOL
99,92 $
|
3.9% | 0.9% | 4.8% |
|
444.024 $
5.231 SOL
|
6,60 SOL
560,51 $
|
6 | ||
| - |
|
SOLS SPL20
|
0,11 SOL
9,52 $
|
26.7% | 15.7% | 57.0% |
|
199.759 $
2.353 SOL
|
6,48 SOL
550,20 $
|
46 | ||
| - |
|
NODES
|
0,024 ETH
55,56 $
|
23.1% | 9.1% | 3.0% |
|
185.168 $
79,98 ETH
|
0,24 ETH
547,20 $
|
5 | ||
| - |
|
Soul Gate: Hero Cartridges
|
0,24 SOL
19,96 $
|
27.3% | 28.5% | 25.3% |
|
39.892 $
469,92 SOL
|
6,35 SOL
539,28 $
|
28 | ||
| - |
|
Motocat Racing Club
|
0,008 BTC
584,49 $
|
0.0% | 20.7% | 33.9% |
|
0,00 €
0 BTC
|
0,007 BTC
526,63 $
|
1 | ||
| - |
|
World of Women Galaxy
|
0,012 ETH
27,75 $
|
0.1% | 28.4% | 12.9% |
|
596.044 $
257,45 ETH
|
0,23 ETH
522,41 $
|
18 | ||
| - |
|
Gib Meme Gigapack Memecards
|
0,041 SOL
3,52 $
|
28.8% | 19.1% | 31.4% |
|
203.820 $
2.401 SOL
|
6,05 SOL
513,91 $
|
134 | ||
| - |
|
Primates
|
0,29 SOL
24,83 $
|
8.9% | 42.0% | 88.6% |
|
248.260 $
2.925 SOL
|
5,98 SOL
507,71 $
|
19 | ||
| - |
|
Common Wealth Genesis NFT Series 2
|
0,23 ETH
532,27 $
|
0.0% | 34.3% | 8.9% |
|
1.761.806 $
760,97 ETH
|
0,22 ETH
497,77 $
|
1 | ||
| - |
|
CNP RED
|
0,92 SOL
77,89 $
|
0.7% | 0.7% | 8.8% |
|
159.510 $
1.879 SOL
|
5,79 SOL
491,88 $
|
6 | ||
| - |
|
sharx by sharky.fi
|
0,29 SOL
25,02 $
|
0.3% | 1.0% | 3.3% |
|
252.941 $
2.980 SOL
|
5,72 SOL
485,62 $
|
11 | ||
| - |
|
SOL Decoder
|
1,40 SOL
118,63 $
|
8.4% | 13.0% | 10.3% |
|
471.687 $
5.556 SOL
|
5,65 SOL
479,71 $
|
4 | ||
| - |
|
Rafflor
|
2,92 SOL
247,54 $
|
3.3% | 3.3% | 10.0% |
|
305.463 $
3.598 SOL
|
5,61 SOL
476,06 $
|
2 | ||
| - |
|
Battle Bros Club
|
0,12 SOL
10,53 $
|
10.4% | 28.8% | 5.5% |
|
26.003 $
306,31 SOL
|
5,32 SOL
451,85 $
|
32 | ||
| - |
|
Natcats
|
0,003 BTC
213,66 $
|
0.0% | 5.0% | 9.8% |
|
1.722.977 $
22,90 BTC
|
0,006 BTC
443,12 $
|
2 | ||
| - |
|
rektguy
|
0,18 ETH
425,65 $
|
5.1% | 7.1% | 6.4% |
|
3.751.678 $
1.620 ETH
|
0,19 ETH
430,17 $
|
1 | ||
| - |
|
Opepen Edition
|
0,088 ETH
203,73 $
|
1.0% | 10.2% | 10.1% |
|
3.259.744 $
1.408 ETH
|
0,19 ETH
428,55 $
|
2 | ||
| - |
|
Gigaverse ROMs
|
0,055 ETH
126,87 $
|
0.0% | 9.6% | 13.0% |
|
1.268.735 $
548,00 ETH
|
0,18 ETH
421,83 $
|
3 | ||
| - |
|
Solana Monke Rejects
|
0,22 SOL
19,05 $
|
5.8% | 209.8% | 415.8% |
|
114.296 $
1.346 SOL
|
4,77 SOL
404,54 $
|
11 | ||
| - |
|
D1srupt0r
|
0,38 SOL
32,32 $
|
29.2% | 47.8% | 385.7% |
|
107.733 $
1.269 SOL
|
4,75 SOL
403,23 $
|
10 | ||
| - |
|
CENTS
|
0,005 BTC
387,45 $
|
0.0% | 0.8% | 10.8% |
|
3.874.908 $
51,51 BTC
|
0,005 BTC
398,74 $
|
1 | ||
| - |
|
Famous Fox Dens
|
2,03 SOL
172,18 $
|
0.9% | 2.0% | 9.6% |
|
516.538 $
6.085 SOL
|
4,47 SOL
379,45 $
|
2 | ||
| - |
|
Cursed Bitcoin Punks
|
0,0005 BTC
35,28 $
|
0.0% | 100.4% | 4.2% |
|
352.845 $
4,69 BTC
|
0,005 BTC
376,17 $
|
14 | ||
| - |
|
Bored Ape Solana Club
|
1,69 SOL
143,20 $
|
5.0% | 14.8% | 7.1% |
|
858.754 $
10.116 SOL
|
4,37 SOL
370,94 $
|
3 | ||
| - |
|
GMX Blueberry Club
|
0,13 ETH
310,01 $
|
2.3% | 0.0% | 0.0% |
|
3.100.072 $
1.339 ETH
|
0,16 ETH
363,26 $
|
1 | ||
| - |
|
God Hates NFTees
|
0,050 ETH
115,76 $
|
0.0% | 16.2% | 5.0% |
|
581.350 $
251,10 ETH
|
0,16 ETH
358,86 $
|
2 | ||
| - |
|
Murakami.Flowers Official
|
0,19 ETH
429,44 $
|
0.3% | 9.5% | 3.0% |
|
4.377.696 $
1.891 ETH
|
0,16 ETH
358,86 $
|
1 | ||
| - |
|
Loud Lords
|
0,13 SOL
11,34 $
|
2.3% | 33.4% | 32.5% |
|
11.441,04 $
134,78 SOL
|
4,21 SOL
357,22 $
|
8 | ||
| - |
|
Karafuru
|
0,015 ETH
33,57 $
|
9.3% | 12.8% | 12.0% |
|
186.485 $
80,55 ETH
|
0,15 ETH
347,28 $
|
1 | ||
| - |
|
Nomu OG
|
2,08 SOL
176,64 $
|
0.0% | 2.0% | 25.3% |
|
176.639 $
2.081 SOL
|
4,08 SOL
346,18 $
|
2 | ||
| - |
|
Impostors Genesis Aliens
|
0,10 ETH
241,97 $
|
10.2% | 10.0% | 12.9% |
|
2.521.286 $
1.089 ETH
|
0,15 ETH
344,97 $
|
1 | ||
| - |
|
Garbage Friends
|
0,020 ETH
46,30 $
|
0.0% | 68.1% | 3.4% |
|
228.361 $
98,64 ETH
|
0,15 ETH
343,63 $
|
8 | ||
| - |
|
Based Ape Gang
|
0,019 ETH
45,01 $
|
0.0% | 5.7% | 70.6% |
|
100.002 $
43,19 ETH
|
0,15 ETH
337,91 $
|
5 | ||
| - |
|
Cyber Frogs
|
0,77 SOL
65,12 $
|
8.7% | 7.4% | 30.9% |
|
526.704 $
6.205 SOL
|
3,95 SOL
335,10 $
|
6 | ||
| - |
|
Radbro Webring V2
|
0,034 ETH
78,39 $
|
16.6% | 37.1% | 37.1% |
|
391.965 $
169,30 ETH
|
0,14 ETH
332,23 $
|
5 | ||
| - |
|
Skellie
|
0,030 ETH
69,22 $
|
50.3% | 57.5% | 70.9% |
|
173.062 $
74,75 ETH
|
0,14 ETH
328,06 $
|
- | ||
| - |
|
Buidlers Collective GENESIS
|
3,94 SOL
334,23 $
|
2.5% | 3.5% | 28.7% |
|
312.503 $
3.681 SOL
|
3,85 SOL
326,83 $
|
1 | ||
| - |
|
Forever Fomo Duck Squad
|
0,005 ETH
11,58 $
|
0.4% | 45.0% | 50.0% |
|
89.853 $
38,81 ETH
|
0,14 ETH
326,09 $
|
26 | ||
| - |
|
BASC Collection
|
0,70 SOL
59,12 $
|
1.6% | 9.9% | 16.5% |
|
586.220 $
6.906 SOL
|
3,84 SOL
325,59 $
|
4 | ||
| - |
|
LetsWalk
|
0,17 ETH
391,27 $
|
0.0% | 21.0% | 26.9% |
|
622.904 $
269,05 ETH
|
0,14 ETH
324,13 $
|
1 | ||
| - |
|
Azuki Elemental Beans
|
0,18 ETH
416,51 $
|
24.7% | 24.7% | 24.7% |
|
2.243.723 $
969,12 ETH
|
0,14 ETH
324,13 $
|
1 | ||
| - |
|
Wilder Beasts: Wolf
|
0,061 ETH
141,23 $
|
10.9% | 2.9% | 23.7% |
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470.713 $
203,31 ETH
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0,14 ETH
316,95 $
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The Wizards of Ord
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0,005 BTC
406,26 $
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5.3% | 17.8% | 35.0% |
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1.354.066 $
18,00 BTC
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0,004 BTC
304,56 $
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BASTARD GAN PUNKS V2
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0,046 ETH
105,62 $
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22.0% | 4.7% | 11.6% |
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1.193.084 $
515,32 ETH
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0,13 ETH
300,98 $
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Letters by Vinnie Hager
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0,076 ETH
176,65 $
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22.1% | 15.2% | 22.1% |
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176.652 $
76,30 ETH
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0,13 ETH
299,82 $
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Bitcoin Bandits
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0,004 BTC
319,74 $
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0.0% | 6.8% | 14.8% |
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163.708 $
2,18 BTC
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0,004 BTC
299,43 $
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The Long Lost
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0,014 ETH
32,60 $
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0.0% | 0.1% | 0.6% |
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326.003 $
140,81 ETH
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0,13 ETH
294,91 $
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MakersPlace
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0,0003 ETH
0,694564 $
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0.0% | 70.0% | 70.0% |
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65.952 $
28,49 ETH
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0,13 ETH
289,40 $
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BotanNFT
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0,19 BNB
119,41 $
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0.0% | 0.0% | 0.0% |
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615.667 $
993,69 BNB
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0,46 BNB
281,98 $
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Angry Dynomites Lab - Water Dynos
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0,18 ETH
416,74 $
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25.0% | 34.5% | 0.0% |
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625.108 $
270,00 ETH
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0,12 ETH
280,14 $
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On the Edge of Oblivion
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1,60 ETH
3.704,34 $
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799.1% | 799.1% | 799.1% |
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2.052.206 $
886,40 ETH
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0,12 ETH
277,83 $
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1 | ||
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
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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