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 | |||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - |
|
Trench Warriors
|
0,15 SOL
11,44 $
|
0.0% | 7.3% | 7.3% |
|
48.479 $
639,39 SOL
|
12,29 SOL
932,19 $
|
58 | ||
| - |
|
Wealthy Hypio Babies
|
0,067 ETH
126,15 $
|
5.3% | 24.3% | 48.3% |
|
700.740 $
374,53 ETH
|
0,50 ETH
928,31 $
|
7 | ||
| - |
|
based punks
|
0,043 ETH
80,44 $
|
18.1% | 8.8% | 21.6% |
|
402.192 $
214,96 ETH
|
0,49 ETH
922,97 $
|
13 | ||
| - |
|
Cambria Founders
|
0,29 ETH
542,59 $
|
0.0% | 26.5% | 23.2% |
|
813.885 $
435,00 ETH
|
0,46 ETH
862,53 $
|
2 | ||
| - |
|
MidEvil
|
0,72 SOL
54,43 $
|
7.6% | 15.5% | 19.2% |
|
272.165 $
3.590 SOL
|
11,33 SOL
859,29 $
|
6 | ||
| - |
|
Bitcoin Wizards
|
0,014 BTC
866,66 $
|
0.0% | 4.9% | 10.0% |
|
1.159.592 $
18,06 BTC
|
0,013 BTC
853,82 $
|
1 | ||
| - |
|
Worried Meerkats
|
0,045 ETH
83,82 $
|
2.3% | 22.9% | 0.5% |
|
110.052 $
58,82 ETH
|
0,45 ETH
845,25 $
|
10 | ||
| - |
|
Claynosaurz: Claymaker
|
0,12 SOL
9,04 $
|
0.0% | 0.0% | 0.0% |
|
69.527 $
916,98 SOL
|
10,40 SOL
788,54 $
|
3 | ||
| - |
|
BTC DeGods
|
0,017 BTC
1.059,25 $
|
0.0% | 33.7% | 17.5% |
|
566.700 $
8,83 BTC
|
0,012 BTC
779,99 $
|
1 | ||
| - |
|
y00ts (Solana)
|
0,92 SOL
69,93 $
|
0.6% | 2.9% | 29.1% |
|
556.344 $
7.338 SOL
|
10,15 SOL
769,83 $
|
11 | ||
| - |
|
Heavy Liquid Graphic
|
0,66 SOL
50,30 $
|
1.6% | 1.6% | 1.6% |
|
50.250 $
662,74 SOL
|
9,91 SOL
751,03 $
|
13 | ||
| - |
|
Dead King Society Nobles
|
8,76 SOL
663,86 $
|
0.3% | 1.3% | 2.4% |
|
199.158 $
2.627 SOL
|
9,50 SOL
720,30 $
|
1 | ||
| - |
|
mfers
|
0,19 ETH
362,98 $
|
2.7% | 2.7% | 9.1% |
|
3.636.650 $
1.944 ETH
|
0,37 ETH
684,77 $
|
2 | ||
| - |
|
Meebits
|
Acquista
|
0,40 ETH
748,40 $
|
4.1% | 0.3% | 2.0% |
|
14.967.307 $
8.000 ETH
|
0,37 ETH
682,92 $
|
1 | |
| - |
|
Hape Prime
|
0,063 ETH
118,28 $
|
27.3% | 64.5% | 70.9% |
|
968.909 $
517,85 ETH
|
0,36 ETH
680,39 $
|
7 | ||
| - |
|
RTFKT Project Animus
|
0,030 ETH
55,90 $
|
0.0% | 16.8% | 9.4% |
|
683.465 $
365,29 ETH
|
0,35 ETH
654,85 $
|
1 | ||
| - |
|
Taiji Labs Genesis Keys
|
0,15 ETH
274,66 $
|
22.3% | 0.7% | 18.0% |
|
109.866 $
58,72 ETH
|
0,34 ETH
632,40 $
|
3 | ||
| - |
|
Opepen Edition
|
0,081 ETH
151,05 $
|
0.3% | 3.9% | 10.9% |
|
2.416.835 $
1.292 ETH
|
0,33 ETH
624,45 $
|
3 | ||
| - |
|
The Llamas
|
0,39 ETH
722,04 $
|
5.2% | 0.2% | 2.4% |
|
802.187 $
428,75 ETH
|
0,33 ETH
615,76 $
|
1 | ||
| - |
|
Quirklings
|
0,043 ETH
81,17 $
|
9.7% | 9.1% | 26.1% |
|
1.596.804 $
853,45 ETH
|
0,33 ETH
615,58 $
|
5 | ||
| - |
|
Yokai Avengers
|
0,003 BTC
211,21 $
|
37.1% | 26.1% | 15.4% |
|
141.932 $
2,21 BTC
|
0,010 BTC
609,87 $
|
4 | ||
| - |
|
Polychain Monsters | BNB Chain
|
50,00 BNB
28.778 $
|
0.0% | 7042.9% | 111011.1% |
|
14.748.119.255 $
25.623.750 BNB
|
1,05 BNB
606,39 $
|
10 | ||
| - |
|
OCM Genesis by OnChainMonkey®
|
0,012 BTC
769,08 $
|
0.0% | 4.2% | 4.3% |
|
7.690.808 $
119,80 BTC
|
0,009 BTC
584,19 $
|
1 | ||
| - |
|
OnChainMonkey (OCM) Genesis
|
0,012 BTC
769,08 $
|
0.0% | 4.2% | 4.3% |
|
7.690.808 $
119,80 BTC
|
0,009 BTC
584,19 $
|
1 | ||
| - |
|
Zecrey Chameleon Avatar
|
0,50 BNB
287,78 $
|
4.4% | 14.2% | 823.5% |
|
1.350.850 $
2.347 BNB
|
1,01 BNB
583,65 $
|
3 | ||
| - |
|
Transdimensional Fox Federation
|
1,52 SOL
115,54 $
|
0.8% | 8.4% | 2.7% |
|
898.805 $
11.854 SOL
|
7,42 SOL
562,28 $
|
5 | ||
| - |
|
Impostors Genesis Aliens
|
0,070 ETH
130,93 $
|
6.7% | 7.2% | 12.3% |
|
1.364.323 $
729,19 ETH
|
0,30 ETH
558,96 $
|
4 | ||
| - |
|
Doge Friends
|
0,39 BNB
227,08 $
|
0.0% | 0.0% | 0.0% |
|
68.124 $
118,36 BNB
|
0,97 BNB
558,73 $
|
- | ||
| - |
|
Pickles
|
0,54 SOL
41,18 $
|
2.8% | 11.8% | 3.0% |
|
41.136 $
542,54 SOL
|
7,30 SOL
553,50 $
|
4 | ||
| - |
|
Taiyo Infants
|
2,61 SOL
197,76 $
|
8.7% | 29.3% | 23.6% |
|
270.931 $
3.573 SOL
|
7,14 SOL
541,26 $
|
3 | ||
| - |
|
The Memes by 6529
|
0,015 ETH
28,03 $
|
0.0% | 12.4% | 1.4% |
|
6.015.433 $
3.215 ETH
|
0,28 ETH
532,90 $
|
9 | ||
| - |
|
Gemesis
|
0,010 ETH
18,71 $
|
0.0% | 11.5% | 23.7% |
|
1.772.873 $
947,55 ETH
|
0,28 ETH
528,37 $
|
30 | ||
| - |
|
Pizza Ninjas
|
0,009 BTC
559,80 $
|
0.0% | 0.9% | 17.7% |
|
839.698 $
13,08 BTC
|
0,008 BTC
515,50 $
|
1 | ||
| - |
|
BTC Machines
|
0,009 BTC
561,72 $
|
1.7% | 7.4% | 9.4% |
|
436.460 $
6,80 BTC
|
0,008 BTC
513,58 $
|
1 | ||
| - |
|
Retardio Cousins
|
1,06 SOL
80,32 $
|
0.1% | 31.2% | 36.4% |
|
356.931 $
4.708 SOL
|
6,43 SOL
487,87 $
|
5 | ||
| - |
|
Soul Gate: Hero Cartridges
|
0,24 SOL
17,82 $
|
27.3% | 28.5% | 25.3% |
|
35.630 $
469,92 SOL
|
6,35 SOL
481,67 $
|
28 | ||
| - |
|
TCG Dragon Cave Club
|
0,040 ETH
74,84 $
|
2.4% | 18.2% | 28.3% |
|
748.365 $
399,98 ETH
|
0,26 ETH
480,44 $
|
7 | ||
| - |
|
Pudgy Rods
|
0,12 ETH
229,57 $
|
0.7% | 0.2% | 16.5% |
|
1.697.675 $
907,36 ETH
|
0,26 ETH
480,29 $
|
2 | ||
| - |
|
SolCity
|
0,61 SOL
46,24 $
|
0.0% | 0.0% | 14.0% |
|
112.915 $
1.489 SOL
|
6,29 SOL
476,84 $
|
12 | ||
| - |
|
Motocat Racing Club
|
0,008 BTC
498,75 $
|
0.0% | 20.7% | 33.9% |
|
0,00 €
0 BTC
|
0,007 BTC
449,38 $
|
1 | ||
| - |
|
Shaolin Saga
|
3,05 SOL
231,41 $
|
1.8% | 40.7% | 22.1% |
|
89.786 $
1.184 SOL
|
5,55 SOL
420,81 $
|
2 | ||
| - |
|
NODES
|
0,011 ETH
21,48 $
|
0.7% | 20.7% | 8.8% |
|
71.589 $
38,26 ETH
|
0,22 ETH
419,15 $
|
4 | ||
| - |
|
Okay Bears
|
Acquista
|
1,33 SOL
100,60 $
|
1.6% | 14.1% | 35.4% |
|
991.712 $
13.080 SOL
|
5,40 SOL
409,43 $
|
4 | |
| - |
|
Garbage Friends
|
0,017 ETH
32,29 $
|
0.1% | 21.6% | 21.5% |
|
159.899 $
85,46 ETH
|
0,22 ETH
405,64 $
|
12 | ||
| - |
|
Wealthy Hypio Babies
|
15,66 HYPE
972,94 $
|
11.9% | 44.5% | 42.4% |
|
5.252.923 $
84.548 HYPE
|
6,40 HYPE
397,34 $
|
28 | ||
| - |
|
Common Wealth Genesis NFT Series 2
|
0,23 ETH
430,14 $
|
0.0% | 34.3% | 8.9% |
|
1.423.778 $
760,97 ETH
|
0,22 ETH
402,27 $
|
1 | ||
| - |
|
Zinu's Zombie Mob Secret Society
|
0,058 ETH
108,52 $
|
15.9% | 17.1% | 81.4% |
|
1.085.184 $
580,00 ETH
|
0,21 ETH
402,07 $
|
4 | ||
| - |
|
SMB Gen3
|
2,82 SOL
214,10 $
|
3.0% | 2.7% | 15.4% |
|
1.782.373 $
23.508 SOL
|
5,11 SOL
387,63 $
|
2 | ||
| - |
|
rektguy
|
0,21 ETH
384,30 $
|
0.0% | 2.2% | 2.2% |
|
3.387.228 $
1.810 ETH
|
0,21 ETH
384,26 $
|
1 | ||
| - |
|
MetaWinners
|
0,18 ETH
343,70 $
|
4.5% | 44.3% | 28.8% |
|
3.437.002 $
1.837 ETH
|
0,20 ETH
382,88 $
|
1 | ||
| - |
|
Natcats
|
0,003 BTC
182,32 $
|
0.0% | 5.0% | 9.8% |
|
1.470.226 $
22,90 BTC
|
0,006 BTC
378,11 $
|
2 | ||
| - |
|
The Misfits Order
|
0,35 SOL
26,77 $
|
3.1% | 10.6% | 0.0% |
|
133.862 $
1.766 SOL
|
4,98 SOL
377,65 $
|
11 | ||
| - |
|
Primates
|
0,45 SOL
34,48 $
|
15.9% | 48.4% | 43.6% |
|
344.694 $
4.546 SOL
|
4,92 SOL
373,35 $
|
9 | ||
| - |
|
THE SHIBOSHIS
|
0,080 ETH
149,67 $
|
0.0% | 15.9% | 70.6% |
|
1.496.562 $
799,87 ETH
|
0,20 ETH
373,64 $
|
3 | ||
| - |
|
Habbo Avatars
|
0,19 ETH
355,49 $
|
1.6% | 3.2% | 13.6% |
|
4.123.344 $
2.204 ETH
|
0,19 ETH
362,98 $
|
1 | ||
| - |
|
Sproto Gremlins
|
0,18 ETH
344,26 $
|
2.9% | 6.7% | 39.7% |
|
1.146.396 $
612,72 ETH
|
0,19 ETH
354,55 $
|
1 | ||
| - |
|
CENTS
|
0,005 BTC
330,61 $
|
0.0% | 0.8% | 10.8% |
|
3.306.479 $
51,51 BTC
|
0,005 BTC
340,24 $
|
1 | ||
| - |
|
Bulls and Apes Project - Genesis
|
0,050 ETH
93,44 $
|
0.1% | 0.1% | 0.1% |
|
981.193 $
524,42 ETH
|
0,18 ETH
337,72 $
|
5 | ||
| - |
|
Gigaverse ROMs
|
0,030 ETH
56,13 $
|
0.0% | 10.4% | 70.0% |
|
561.295 $
300,00 ETH
|
0,17 ETH
325,55 $
|
6 | ||
| - |
|
Cursed Bitcoin Punks
|
0,0005 BTC
30,11 $
|
0.0% | 100.4% | 4.2% |
|
301.084 $
4,69 BTC
|
0,005 BTC
320,99 $
|
14 | ||
| - |
|
Hashmasks
|
0,059 ETH
110,20 $
|
1.7% | 6.4% | 18.6% |
|
1.804.232 $
964,31 ETH
|
0,17 ETH
322,19 $
|
2 | ||
| - |
|
Buidlers Collective GENESIS
|
4,28 SOL
324,82 $
|
0.0% | 27.6% | 16.0% |
|
303.705 $
4.006 SOL
|
4,20 SOL
318,37 $
|
1 | ||
| - |
|
Ronkeverse
|
370,89 RON
20,03 $
|
2.1% | 52.0% | 96.2% |
|
139.482 $
2.583.249 RON
|
5.820 RON
314,24 $
|
14 | ||
| - |
|
The Long Lost
|
0,017 ETH
31,42 $
|
2.3% | 1.5% | 41.1% |
|
314.234 $
167,95 ETH
|
0,16 ETH
295,98 $
|
8 | ||
| - |
|
Anomaly
|
0,11 SOL
8,23 $
|
12.2% | 8.0% | 48.2% |
|
19.210,37 $
253,36 SOL
|
3,89 SOL
294,75 $
|
15 | ||
| - |
|
Tomorrowland: The Symbol of Love and Unity
|
1,94 SOL
146,94 $
|
0.0% | 8.6% | 3.8% |
|
954.680 $
12.591 SOL
|
3,88 SOL
294,11 $
|
2 | ||
| - |
|
SolPunks
|
0,45 SOL
34,48 $
|
1.4% | 1.5% | 33.4% |
|
344.655 $
4.546 SOL
|
3,89 SOL
295,10 $
|
7 | ||
| - |
|
GMX Blueberry Club
|
0,13 ETH
250,53 $
|
2.3% | 0.0% | 0.0% |
|
2.505.278 $
1.339 ETH
|
0,16 ETH
293,56 $
|
1 | ||
| - |
|
BASTARD GAN PUNKS V2
|
0,037 ETH
69,26 $
|
0.0% | 12.7% | 14.0% |
|
782.393 $
418,17 ETH
|
0,16 ETH
292,73 $
|
3 | ||
| - |
|
Lions of Liquania
|
2,14 SOL
162,18 $
|
0.0% | 11.8% | 0.1% |
|
212.938 $
2.808 SOL
|
3,80 SOL
288,12 $
|
1 | ||
| - |
|
Based Ape Gang
|
0,012 ETH
22,50 $
|
0.1% | 6.2% | 0.7% |
|
49.990 $
26,72 ETH
|
0,15 ETH
286,25 $
|
4 | ||
| - |
|
The Potatoz
|
0,054 ETH
101,13 $
|
3.0% | 1.4% | 14.2% |
|
1.011.178 $
540,45 ETH
|
0,15 ETH
277,10 $
|
3 | ||
| - |
|
Star Atlas Crew
|
0,006 SOL
0,464201 $
|
0.0% | 18.9% | 35.4% |
|
680.825 $
8.979 SOL
|
3,61 SOL
273,74 $
|
370 | ||
| - |
|
Skellie
|
0,030 ETH
55,94 $
|
50.3% | 57.5% | 70.9% |
|
139.858 $
74,75 ETH
|
0,14 ETH
265,12 $
|
- | ||
| - |
|
IO: Imaginary Ones
|
0,044 ETH
82,02 $
|
25.3% | 3.5% | 23.4% |
|
729.019 $
389,64 ETH
|
0,14 ETH
261,75 $
|
4 | ||
| - |
|
BotanNFT
|
0,19 BNB
110,93 $
|
0.0% | 0.0% | 0.0% |
|
862.671 $
1.499 BNB
|
0,46 BNB
261,95 $
|
- | ||
| - |
|
The Wizards of Ord
|
0,005 BTC
346,66 $
|
5.3% | 17.8% | 35.0% |
|
1.155.432 $
18,00 BTC
|
0,004 BTC
259,88 $
|
1 | ||
| - |
|
Captainz
|
0,066 ETH
124,31 $
|
9.4% | 21.1% | 49.9% |
|
1.242.971 $
664,33 ETH
|
0,14 ETH
258,76 $
|
2 | ||
| - |
|
Bitcoin Bandits
|
0,004 BTC
272,84 $
|
0.0% | 6.8% | 14.8% |
|
139.693 $
2,18 BTC
|
0,004 BTC
255,50 $
|
1 | ||
| - |
|
G3M NFT Series
|
0,0000 BNB
0,000000000000000576 $
|
0.0% | 0.0% | 0.0% |
|
0,000000000496871 $
0,0000 BNB
|
0,44 BNB
255,12 $
|
- | ||
| - |
|
SupDucks
|
0,020 ETH
37,81 $
|
0.0% | 0.4% | 26.0% |
|
378.129 $
202,10 ETH
|
0,14 ETH
254,42 $
|
7 | ||
| - |
|
BoDoggos
|
0,74 SOL
56,37 $
|
8.2% | 6.5% | 8.7% |
|
490.211 $
6.465 SOL
|
3,34 SOL
252,87 $
|
4 | ||
| - |
|
The Sad Times NFT
|
0,029 ETH
53,32 $
|
0.0% | 0.0% | 40.1% |
|
177.728 $
94,99 ETH
|
0,13 ETH
252,05 $
|
5 | ||
| - |
|
FLUF World
|
0,014 ETH
25,34 $
|
13.8% | 23.1% | 19.0% |
|
253.417 $
135,44 ETH
|
0,13 ETH
243,57 $
|
11 | ||
| - |
|
Card NFT 2
|
0,45 SOL
33,79 $
|
1.4% | 25.9% | 10.2% |
|
275.052 $
3.628 SOL
|
3,18 SOL
240,77 $
|
3 | ||
| - |
|
3D Invisible Friends
|
0,020 ETH
37,42 $
|
0.0% | 0.0% | 28.4% |
|
187.101 $
100,00 ETH
|
0,12 ETH
233,68 $
|
6 | ||
| - |
|
PennyMoon NFTs
|
0,010 BNB
5,76 $
|
0.0% | 0.0% | 0.0% |
|
11,52 $
0,020 BNB
|
0,41 BNB
233,16 $
|
- | ||
| - |
|
Degenerate Ape Academy
|
Acquista
|
1,54 SOL
116,75 $
|
0.0% | 8.7% | 13.7% |
|
2.075.917 $
27.379 SOL
|
3,04 SOL
230,53 $
|
2 | |
| - |
|
Bored Ape Solana Club
|
1,31 SOL
99,25 $
|
0.2% | 2.6% | 28.7% |
|
595.193 $
7.850 SOL
|
3,04 SOL
230,57 $
|
2 | ||
| - |
|
Kemonokaki
|
0,016 ETH
30,13 $
|
6.0% | 12.4% | 19.0% |
|
301.339 $
161,06 ETH
|
0,12 ETH
230,74 $
|
8 | ||
| - |
|
Patriots
|
0,29 SOL
22,05 $
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3.3% | 25.7% | 6.0% |
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220.289 $
2.905 SOL
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2,98 SOL
225,64 $
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10 | ||
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MidnightBreeze
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0,090 ETH
168,23 $
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49.9% | 0.1% | 0.1% |
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1.172.406 $
626,62 ETH
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0,12 ETH
224,48 $
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2 | ||
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Desperate ApeWives
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0,067 ETH
124,61 $
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0.1% | 0.1% | 33.2% |
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1.246.090 $
666,00 ETH
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0,12 ETH
222,46 $
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2 | ||
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Sensei
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0,57 SOL
43,53 $
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7.0% | 5.9% | 10.6% |
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145.084 $
1.914 SOL
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2,82 SOL
213,82 $
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5 | ||
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CryptoSkulls
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0,040 ETH
75,21 $
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0.5% | 0.5% | 28.2% |
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752.145 $
402,00 ETH
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0,11 ETH
213,34 $
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1 | ||
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This User... Banners
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0,080 ETH
149,68 $
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1.5% | 0.5% | 7.0% |
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299.361 $
160,00 ETH
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0,11 ETH
212,30 $
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2 | ||
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Puffsterz
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1,63 SOL
123,96 $
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0.0% | 9.5% | 12.7% |
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233.912 $
3.085 SOL
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2,75 SOL
208,51 $
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1 | ||
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CryptoUndeads
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0,43 SOL
32,37 $
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0.0% | 23.5% | 90.8% |
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323.663 $
4.269 SOL
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2,76 SOL
209,11 $
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SuperFarm Genesis Series
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0,002 ETH
3,87 $
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0.0% | 3.3% | 13.0% |
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27.742 $
14,83 ETH
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0,11 ETH
207,12 $
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Pome Survival Companion Pet
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0,30 BNB
172,67 $
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0.0% | 0.0% | 696.1% |
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519.044 $
901,80 BNB
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0,35 BNB
201,43 $
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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.