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 | |||
---|---|---|---|---|---|---|---|---|---|---|---|
101 |
Band Bears
Ethereum
|
7,28 ETH
22.994 $
|
0.0% |
8.459 ETH
26.719.336 $
|
6,96 ETH
21.984 $
|
1 | 0.2% | ||||
102 |
Early Retired Cats Club
Ethereum
|
0,38 ETH
1.215,14 $
|
16.7% |
742,66 ETH
2.345.229 $
|
6,89 ETH
21.752 $
|
17 | 1.0% | ||||
103 |
Impostors Genesis Aliens
Ethereum
|
0,19 ETH
611,80 $
|
1.6% |
2.018 ETH
6.374.913 $
|
6,83 ETH
21.564 $
|
30 | 0.0% | ||||
104 |
Ninja Squad Official
Ethereum
|
0,19 ETH
589,43 $
|
8.8% |
1.661 ETH
5.238.224 $
|
6,80 ETH
21.449 $
|
35 | 0.1% | ||||
105 |
Yogurt Verse
Ethereum
|
1,30 ETH
4.099,98 $
|
9.2% |
416,00 ETH
1.311.992 $
|
6,68 ETH
21.068 $
|
5 | 0.3% | ||||
106 |
BEANZ Official
Ethereum
|
0,22 ETH
677,87 $
|
0.0% |
4.289 ETH
13.523.496 $
|
6,65 ETH
20.963 $
|
26 | 0.0% | ||||
107 |
Peplicator by Matt Furie
Ethereum
|
0,055 ETH
173,72 $
|
5.0% |
1.214 ETH
3.833.143 $
|
6,39 ETH
20.180 $
|
108 | 0.0% | ||||
108 |
Yogapetz
Ethereum
|
0,44 ETH
1.389,76 $
|
25.7% |
4.442 ETH
14.029.668 $
|
6,39 ETH
20.171 $
|
14 | 0.2% | ||||
109 |
Runevo
Bitcoin
|
0,004 BTC
244,25 $
|
26.7% |
22,90 BTC
1.471.621 $
|
0,31 BTC
20.088 $
|
80 | 1.1% | ||||
110 |
Honey Comb
Ethereum
|
0,24 ETH
757,74 $
|
3.8% |
3.939 ETH
12.442.046 $
|
6,19 ETH
19.545,77 $
|
26 | 0.1% | ||||
111 |
BlockGames Dice
Ethereum
|
0,083 ETH
261,56 $
|
7.9% |
460,48 ETH
1.452.968 $
|
6,07 ETH
19.142,63 $
|
65 | 0.7% | ||||
112 |
Bitcoin Punks
Bitcoin
|
0,024 BTC
1.542,66 $
|
11.1% |
240,00 BTC
15.426.556 $
|
0,30 BTC
19.109,65 $
|
12 | 0.1% | ||||
113 |
Degenerate Ape Academy
Solana
|
8,30 SOL
1.223,47 $
|
11.2% |
67.006 SOL
9.877.087 $
|
125,23 SOL
18.460,40 $
|
14 | 0.1% | ||||
114 |
Solcasino.io
Solana
|
16,85 SOL
2.483,12 $
|
0.9% |
84.229 SOL
12.415.612 $
|
124,95 SOL
18.417,29 $
|
7 | 6.3% | ||||
115 |
NFTBoxes
Ethereum
|
0,007 ETH
22,09 $
|
0.0% |
39,88 ETH
125.859 $
|
5,73 ETH
18.083,94 $
|
5 | 0.0% | ||||
116 |
Wild Forest Lords
Ronin
|
499,00 RON
1.598,06 $
|
2.0% |
499.000 RON
1.598.063 $
|
5.617 RON
17.988,62 $
|
0 | 0.0% | ||||
117 |
MoonCats - Acclimated
Ethereum
|
0,16 ETH
517,68 $
|
6.1% |
3.264 ETH
10.310.130 $
|
5,66 ETH
17.892,90 $
|
33 | 0.1% | ||||
118 |
Nakamigos
Ethereum
|
0,093 ETH
292,24 $
|
0.0% |
1.847 ETH
5.823.974 $
|
5,59 ETH
17.638,58 $
|
36 | 0.0% | ||||
119 |
Checks
Ethereum
|
0,20 ETH
630,26 $
|
1.5% |
1.140 ETH
3.595.009 $
|
5,57 ETH
17.548,70 $
|
28 | 0.8% | ||||
120 |
Murakami.Flowers Official
Ethereum
|
0,22 ETH
693,32 $
|
4.4% |
2.233 ETH
7.039.264 $
|
5,49 ETH
17.307,39 $
|
21 | 0.1% | ||||
121 |
AlfaDAO
Ethereum
|
3,00 ETH
9.458,64 $
|
4.8% |
1.506 ETH
4.748.239 $
|
5,36 ETH
16.902,28 $
|
2 | 0.0% | ||||
122 |
DigiDaigaku
Ethereum
|
2,97 ETH
9.380,91 $
|
4.2% |
6.005 ETH
18.968.194 $
|
5,32 ETH
16.803,51 $
|
2 | 0.0% | ||||
123 |
Realms (for Adventurers)
Ethereum
|
0,43 ETH
1.352,55 $
|
2.2% |
3.432 ETH
10.820.436 $
|
5,30 ETH
16.709,63 $
|
13 | 0.0% | ||||
124 |
The Memes by 6529
Ethereum
|
0,029 ETH
90,56 $
|
2.5% |
5,14 ETH
16.209,98 $
|
5,19 ETH
16.386,37 $
|
18 | 0.0% | ||||
125 |
Bad Kids
Stargaze
|
129.000 STARS
2.739,42 $
|
10.1% |
1.289.484.000 STARS
27.383.253 $
|
756.444 STARS
16.063,71 $
|
5 | 0.0% | ||||
126 |
Little Pups
Bitcoin
|
0,005 BTC
327,81 $
|
43.7% |
51,00 BTC
3.278.143 $
|
0,24 BTC
15.734,28 $
|
58 | 0.1% | ||||
127 |
Pixelady Maker
Ethereum
|
0,16 ETH
520,04 $
|
4.4% |
1.319 ETH
4.158.790 $
|
4,83 ETH
15.221,96 $
|
32 | 0.6% | ||||
128 |
Heurist Imaginaries
Ethereum
|
2,60 ETH
8.194,34 $
|
1.6% |
844,68 ETH
2.663.160 $
|
4,72 ETH
14.881,60 $
|
2 | 0.4% | ||||
129 |
DAMAGE CONTROL
Ethereum
|
0,62 ETH
1.947,42 $
|
3.0% |
0 ETH
0,00 €
|
4,70 ETH
14.816,91 $
|
5 | 0.1% | ||||
130 |
CyberKongz (Babies)
Ethereum
|
0,95 ETH
2.994,92 $
|
0.0% |
3.800 ETH
11.979.688 $
|
4,65 ETH
14.660,90 $
|
5 | 0.2% | ||||
131 |
Lil Peepos
Bitcoin
|
0,24 BTC
15.555,11 $
|
21.6% |
101,64 BTC
6.533.146 $
|
0,23 BTC
14.462,40 $
|
1 | 0.4% | ||||
132 |
Peepos
Bitcoin
|
0,24 BTC
15.552,66 $
|
21.6% |
101,64 BTC
6.532.117 $
|
0,23 BTC
14.460,12 $
|
1 | 0.4% | ||||
133 |
DeepBlack
Ethereum
|
0,63 ETH
1.980,21 $
|
0.2% |
1.930 ETH
6.087.172 $
|
4,48 ETH
14.121,06 $
|
8 | 0.0% | ||||
134 |
Nobody
Ethereum
|
0,17 ETH
551,44 $
|
3.8% |
1.749 ETH
5.514.389 $
|
4,37 ETH
13.784,39 $
|
23 | 0.1% | ||||
135 |
SMOWL
Ethereum
|
0,23 ETH
725,35 $
|
21.4% |
965,31 ETH
3.044.309 $
|
4,35 ETH
13.712,34 $
|
20 | 0.7% | ||||
136 |
FLUF World
Ethereum
|
0,48 ETH
1.515,84 $
|
0.7% |
4.800 ETH
15.158.404 $
|
4,28 ETH
13.518,77 $
|
9 | 0.0% | ||||
137 |
RENGA
Ethereum
|
0,091 ETH
287,74 $
|
8.0% |
821,18 ETH
2.593.727 $
|
4,27 ETH
13.477,16 $
|
43 | 0.0% | ||||
138 |
Supreme Kong
Ethereum
|
0,27 ETH
848,90 $
|
15.9% |
538,00 ETH
1.697.797 $
|
4,19 ETH
13.214,73 $
|
17 | 0.6% | ||||
139 |
Wassies by Wassies
Ethereum
|
0,49 ETH
1.541,44 $
|
0.0% |
4.715 ETH
14.865.622 $
|
4,16 ETH
13.104,32 $
|
9 | 0.1% | ||||
140 |
Treeverse Plots
Ethereum
|
0,31 ETH
993,36 $
|
1.5% |
3.277 ETH
10.350.835 $
|
4,12 ETH
12.999,66 $
|
14 | 0.0% | ||||
141 |
BrainDrops
Ethereum
|
0,069 ETH
217,26 $
|
86.2% |
1.151 ETH
3.630.835 $
|
4,04 ETH
12.745,25 $
|
8 | 0.0% | ||||
142 |
XocietyFrontier
Ethereum
|
0,099 ETH
311,93 $
|
31.9% |
386,80 ETH
1.219.972 $
|
3,92 ETH
12.348,34 $
|
39 | 0.5% | ||||
143 |
Chubbicorns
Ethereum
|
2,50 ETH
7.884,57 $
|
27.6% |
557,50 ETH
1.758.259 $
|
3,83 ETH
12.076,00 $
|
2 | 0.0% | ||||
144 |
Celestine Sloth Society
Stargaze
|
150.000 STARS
3.185,37 $
|
9.4% |
375.000.000 STARS
7.963.433 $
|
551.853 STARS
11.719,05 $
|
4 | 0.0% | ||||
145 |
Worldwide Webb Land
Ethereum
|
0,21 ETH
662,98 $
|
10.9% |
1.996 ETH
6.303.590 $
|
3,71 ETH
11.710,66 $
|
18 | 0.0% | ||||
146 |
CryptoDickbutts
Ethereum
|
0,44 ETH
1.381,88 $
|
0.1% |
2.278 ETH
7.183.036 $
|
3,69 ETH
11.635,13 $
|
9 | 0.2% | ||||
147 |
Probably Nothing Genesis
Ethereum
|
0,028 ETH
87,68 $
|
40.4% |
213,34 ETH
672.872 $
|
3,64 ETH
11.474,67 $
|
99 | 0.2% | ||||
148 |
The Golden Ratio by Harto x VIVID
Bitcoin
|
0,17 BTC
10.927,14 $
|
1.7% |
71,40 BTC
4.589.400 $
|
0,17 BTC
11.184,25 $
|
1 | 0.0% | ||||
149 |
Mavia Land
Ethereum
|
0,27 ETH
851,23 $
|
6.1% |
2.695 ETH
8.512.305 $
|
3,51 ETH
11.097,90 $
|
8 | 0.1% | ||||
150 |
Co-Museum Founder's Pass
Ethereum
|
0,097 ETH
307,86 $
|
2.8% |
386,90 ETH
1.221.882 $
|
3,50 ETH
11.051,31 $
|
38 | 1.1% | ||||
151 |
Kolectiv
Ethereum
|
0,028 ETH
88,45 $
|
12.0% |
33,88 ETH
107.019 $
|
3,40 ETH
10.739,76 $
|
1 | 0.0% | ||||
152 |
Art Gobblers
Ethereum
|
0,12 ETH
362,58 $
|
77.2% |
618,93 ETH
1.951.413 $
|
3,36 ETH
10.606,66 $
|
40 | 0.0% | ||||
153 |
EVERYDAY SATOSHIS
Bitcoin
|
0,003 BTC
186,29 $
|
26.1% |
16,21 BTC
1.040.987 $
|
0,16 BTC
10.459,66 $
|
59 | 1.2% | ||||
154 |
Bitcoin Burials
Bitcoin
|
0,004 BTC
247,88 $
|
15.8% |
36,40 BTC
2.478.762 $
|
0,15 BTC
10.312,87 $
|
40 | 2.6% | ||||
155 |
Bursted Bubbles by Deblock
Ethereum
|
0,74 ETH
2.333,75 $
|
1.3% |
740,00 ETH
2.333.746 $
|
3,12 ETH
9.849,04 $
|
4 | 0.4% | ||||
156 |
VeeFriends
Ethereum
|
1,03 ETH
3.263,45 $
|
0.0% |
10.612 ETH
33.466.721 $
|
3,12 ETH
9.842,73 $
|
2 | 0.0% | ||||
157 |
Forgotten Runes Wizards Cult
Ethereum
|
0,47 ETH
1.478,29 $
|
0.0% |
4.364 ETH
13.762.887 $
|
3,10 ETH
9.777,18 $
|
7 | 0.1% | ||||
158 |
Crypto Citizens
Ethereum
|
0,26 ETH
805,43 $
|
6.3% |
2.550 ETH
8.054.314 $
|
3,09 ETH
9.756,77 $
|
16 | 0.0% | ||||
159 |
bitmap
Bitcoin
|
Acquista
|
0,002 BTC
96,42 $
|
42.9% |
1.191 BTC
76.525.262 $
|
0,15 BTC
9.740,78 $
|
80 | 0.1% | |||
160 |
Checks - VV Edition
Ethereum
|
0,32 ETH
1.005,14 $
|
0.1% |
1.715 ETH
5.407.645 $
|
3,07 ETH
9.670,83 $
|
10 | 0.2% | ||||
161 |
Nifty Island: Legendary Palms
Ethereum
|
0,33 ETH
1.050,19 $
|
4.9% |
2,00 ETH
6.301,11 $
|
2,99 ETH
9.429,60 $
|
1 | 0.0% | ||||
162 |
Babu Pengus
Stargaze
|
19.690 STARS
418,76 $
|
80.7% |
13.527.030 STARS
287.689 $
|
430.011 STARS
9.145,36 $
|
29 | 2.9% | ||||
163 |
OnChainMonkey (OCM) Genesis
Bitcoin
|
0,070 BTC
4.499,22 $
|
2.9% |
700,00 BTC
44.992.195 $
|
0,14 BTC
9.113,49 $
|
2 | 0.2% | ||||
164 |
Cigawrette Packs
Ethereum
|
0,050 ETH
157,09 $
|
69.0% |
497,90 ETH
1.570.541 $
|
2,88 ETH
9.098,59 $
|
81 | 0.3% | ||||
165 |
Avarik Saga Universe
Ethereum
|
0,050 ETH
157,06 $
|
27.8% |
442,60 ETH
1.395.988 $
|
2,88 ETH
9.071,62 $
|
61 | 0.8% | ||||
166 |
Ether Cards Founder
Ethereum
|
0,070 ETH
221,05 $
|
0.1% |
699,62 ETH
2.209.401 $
|
2,84 ETH
8.955,93 $
|
6 | 0.2% | ||||
167 |
OverTrip Founder's ID
Ethereum
|
0,29 ETH
915,14 $
|
18.4% |
257,52 ETH
812.640 $
|
2,80 ETH
8.844,94 $
|
11 | 0.2% | ||||
168 |
XO Unchained
Bitcoin
|
0,002 BTC
111,91 $
|
200.0% |
17,40 BTC
1.119.121 $
|
0,14 BTC
8.713,70 $
|
80 | 4.8% | ||||
169 |
GGSG: Galactic Geckos
Solana
|
11,50 SOL
1.695,17 $
|
1.9% |
115.000 SOL
16.951.717 $
|
58,76 SOL
8.661,91 $
|
5 | 0.0% | ||||
170 |
Rune Whisperers
Bitcoin
|
0,002 BTC
160,51 $
|
40.4% |
24,99 BTC
1.605.096 $
|
0,13 BTC
8.482,86 $
|
63 | 0.4% | ||||
171 |
Travel Tiger Club Official
Ethereum
|
9,90 ETH
31.215 $
|
268.0% |
9.900 ETH
31.214.625 $
|
2,69 ETH
8.481,98 $
|
1 | 0.0% | ||||
172 |
ENS: Ethereum Name Service
Ethereum
|
0,001 ETH
3,78 $
|
0.8% |
3.705 ETH
11.683.524 $
|
2,66 ETH
8.397,09 $
|
230 | 0.1% | ||||
173 |
PROOF Pass
Ethereum
|
2,30 ETH
7.257,30 $
|
4.2% |
510,60 ETH
1.611.122 $
|
2,65 ETH
8.361,68 $
|
1 | 0.0% | ||||
174 |
Crypto Unicorns
Polygon POS
|
0,001 ETH
4,23 $
|
3.9% |
245,05 ETH
772.825 $
|
2,58 ETH
8.128,77 $
|
356 | 0.1% | ||||
175 |
FU STUDIO MEMBERSHIP
Ethereum
|
0,15 ETH
473,06 $
|
0.0% |
900,00 ETH
2.838.340 $
|
2,52 ETH
7.936,94 $
|
16 | 0.1% | ||||
176 |
Sakura Park
Ethereum
|
0,16 ETH
504,15 $
|
5.3% |
426,45 ETH
1.344.557 $
|
2,52 ETH
7.932,02 $
|
17 | 0.7% | ||||
177 |
alignDRAW
Ethereum
|
1,55 ETH
4.894,90 $
|
21.1% |
4.199 ETH
13.260.287 $
|
2,48 ETH
7.838,47 $
|
2 | 0.0% | ||||
178 |
Photo Finish PFP Collection
Solana
|
13,00 SOL
1.916,24 $
|
0.0% |
195.000 SOL
28.743.544 $
|
52,50 SOL
7.738,65 $
|
2 | 0.0% | ||||
179 |
TGLP Genesis
Ethereum
|
3,10 ETH
9.791,52 $
|
8.0% |
3.103 ETH
9.801.311 $
|
2,40 ETH
7.580,53 $
|
1 | 0.4% | ||||
180 |
IMSO: Champions
Bitcoin
|
0,018 BTC
1.157,08 $
|
11.8% |
20,00 BTC
1.285.512 $
|
0,12 BTC
7.508,14 $
|
5 | 0.0% | ||||
181 |
Okay Bears
Solana
|
3,72 SOL
547,81 $
|
4.0% |
36.636 SOL
5.400.322 $
|
50,75 SOL
7.480,30 $
|
13 | 0.1% | ||||
182 |
ChronoForge Support Airships
Ethereum
|
0,62 ETH
1.954,99 $
|
8.7% |
1.550 ETH
4.887.464 $
|
2,35 ETH
7.411,22 $
|
4 | 0.5% | ||||
183 |
Fomojis 2.0
Bitcoin
|
0,020 BTC
1.279,12 $
|
0.5% |
39,98 BTC
2.569.749 $
|
0,12 BTC
7.410,53 $
|
6 | 0.1% | ||||
184 |
CC0
Bitcoin
|
0,004 BTC
261,54 $
|
103.5% |
40,69 BTC
2.615.706 $
|
0,11 BTC
7.292,07 $
|
36 | 0.1% | ||||
185 |
Creepz by OVERLORD
Ethereum
|
2,30 ETH
7.251,63 $
|
0.0% |
23.791 ETH
75.010.828 $
|
2,30 ETH
7.251,63 $
|
1 | 0.1% | ||||
186 |
The Warlords of Champions Tactics
Ethereum
|
0,071 ETH
223,91 $
|
2.7% |
708,92 ETH
2.238.873 $
|
2,29 ETH
7.226,44 $
|
31 | 0.3% | ||||
187 |
Shrapnel Operators Collection
Ethereum
|
0,094 ETH
296,90 $
|
27.8% |
940,00 ETH
2.969.041 $
|
2,29 ETH
7.225,16 $
|
27 | 0.2% | ||||
188 |
CEDEN Keystone NFT Nodes
Ethereum
|
0,17 ETH
526,22 $
|
15.8% |
1.666 ETH
5.262.152 $
|
2,28 ETH
7.197,77 $
|
14 | 1.0% | ||||
189 |
Imaginary Rides
Ethereum
|
0,12 ETH
375,23 $
|
6.2% |
1.653 ETH
5.211.125 $
|
2,27 ETH
7.172,78 $
|
17 | 0.5% | ||||
190 |
Rug Radio - Genesis NFT
Ethereum
|
0,11 ETH
350,60 $
|
3.4% |
2.220 ETH
7.011.928 $
|
2,27 ETH
7.156,65 $
|
20 | 0.0% | ||||
191 |
Puppet Maxi Biz (PMB)
Bitcoin
|
0,003 BTC
192,85 $
|
93.5% |
30,00 BTC
1.928.461 $
|
0,11 BTC
7.032,55 $
|
47 | 0.2% | ||||
192 |
Skytopia Mayor Pass
Ethereum
|
0,52 ETH
1.639,93 $
|
0.0% |
404,04 ETH
1.274.225 $
|
2,18 ETH
6.875,09 $
|
4 | 1.2% | ||||
193 |
Binary
Ethereum
|
0,080 ETH
252,32 $
|
12.7% |
565,60 ETH
1.783.919 $
|
2,17 ETH
6.834,69 $
|
28 | 0.7% | ||||
194 |
0N1 Force
Ethereum
|
0,30 ETH
947,39 $
|
0.0% |
2.332 ETH
7.365.978 $
|
2,14 ETH
6.758,96 $
|
5 | 0.1% | ||||
195 |
QQL Mint Pass
Ethereum
|
3,06 ETH
9.665,18 $
|
1.3% |
2.148 ETH
6.784.954 $
|
2,11 ETH
6.664,55 $
|
1 | 0.0% | ||||
196 |
Meta Legends
Ethereum
|
0,053 ETH
167,15 $
|
0.1% |
654,29 ETH
2.063.426 $
|
2,06 ETH
6.502,79 $
|
6 | 0.0% | ||||
197 |
Pizza Ninjas
Bitcoin
|
0,11 BTC
7.070,50 $
|
10.2% |
165,00 BTC
10.605.757 $
|
0,10 BTC
6.492,01 $
|
1 | 0.2% | ||||
198 |
Smyths
Solana
|
4,65 SOL
685,29 $
|
0.2% |
20.660 SOL
3.045.409 $
|
43,69 SOL
6.440,37 $
|
9 | 0.2% | ||||
199 |
TinFun
Ethereum
|
0,15 ETH
469,91 $
|
6.3% |
1.488 ETH
4.699.105 $
|
2,03 ETH
6.418,26 $
|
14 | 0.0% | ||||
200 |
RuneX: UNNAMED
Bitcoin
|
0,002 BTC
147,90 $
|
35.3% |
17,89 BTC
1.150.199 $
|
0,099 BTC
6.371,81 $
|
45 | 0.1% |
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
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.