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 | |||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - |
|
Hashmasks
|
0,075 ETH
160,47 $
|
0.0% | 8.8% | 7.3% |
|
2.627.185 $
1.228 ETH
|
0,15 ETH
321,24 $
|
2 | ||
| - |
|
The Wizards of Ord
|
0,005 BTC
420,58 $
|
5.3% | 17.8% | 35.0% |
|
1.401.778 $
18,00 BTC
|
0,004 BTC
315,29 $
|
1 | ||
| - |
|
Bitcoin Bandits
|
0,004 BTC
331,01 $
|
0.0% | 6.8% | 14.8% |
|
169.476 $
2,18 BTC
|
0,004 BTC
309,98 $
|
1 | ||
| - |
|
Skellie
|
0,030 ETH
63,99 $
|
50.3% | 57.5% | 70.9% |
|
159.980 $
74,75 ETH
|
0,14 ETH
303,26 $
|
- | ||
| - |
|
Worried Meerkats
|
0,099 ETH
211,88 $
|
0.0% | 10.0% | 0.9% |
|
278.199 $
129,99 ETH
|
0,14 ETH
301,98 $
|
2 | ||
| - |
|
BASC Collection
|
0,45 SOL
38,51 $
|
2.7% | 7.7% | 22.6% |
|
381.901 $
4.414 SOL
|
3,47 SOL
299,94 $
|
6 | ||
| - |
|
PFP GEN2
|
0,53 SOL
45,53 $
|
8.9% | 47.1% | 1.1% |
|
454.835 $
5.256 SOL
|
3,46 SOL
299,39 $
|
4 | ||
| - |
|
BotanNFT
|
0,19 BNB
125,88 $
|
0.0% | 0.0% | 0.0% |
|
649.036 $
993,69 BNB
|
0,46 BNB
297,26 $
|
- | ||
| - |
|
GODL GANG
|
1,39 SOL
120,53 $
|
13.1% | 4.6% | 77.7% |
|
40.136 $
463,84 SOL
|
3,43 SOL
296,45 $
|
3 | ||
| - |
|
Nobody
|
0,027 ETH
57,14 $
|
25.9% | 25.9% | 6.8% |
|
571.434 $
267,00 ETH
|
0,14 ETH
294,70 $
|
6 | ||
| - |
|
Okay Bears
|
Acquista
|
1,80 SOL
155,73 $
|
5.1% | 0.5% | 20.1% |
|
1.535.198 $
17.742 SOL
|
3,37 SOL
291,86 $
|
2 | |
| - |
|
Mara
|
0,004 ETH
9,07 $
|
0.0% | 1.0% | 26.2% |
|
368.255 $
172,07 ETH
|
0,14 ETH
291,92 $
|
8 | ||
| - |
|
G3M NFT Series
|
0,0000 BNB
0,000000000000000654 $
|
0.0% | 0.0% | 0.0% |
|
0,000000000563854 $
0,0000 BNB
|
0,44 BNB
289,51 $
|
- | ||
| - |
|
Impostors Genesis Aliens
|
0,098 ETH
209,74 $
|
0.0% | 0.0% | 6.3% |
|
2.185.483 $
1.021 ETH
|
0,14 ETH
288,93 $
|
1 | ||
| - |
|
Koin Games Dev Squad
|
0,043 ETH
91,89 $
|
0.0% | 2.8% | 24.4% |
|
510.447 $
238,50 ETH
|
0,13 ETH
285,29 $
|
4 | ||
| - |
|
GAINZ
|
2,81 SOL
243,27 $
|
0.7% | 6.2% | 3.0% |
|
810.829 $
9.371 SOL
|
3,25 SOL
281,22 $
|
1 | ||
| - |
|
TOPIA Worlds
|
0,026 ETH
55,45 $
|
0.0% | 0.0% | 13.3% |
|
554.471 $
259,07 ETH
|
0,13 ETH
273,72 $
|
5 | ||
| - |
|
alien frens
|
0,028 ETH
59,70 $
|
0.0% | 3.3% | 92.5% |
|
596.924 $
278,91 ETH
|
0,13 ETH
271,37 $
|
5 | ||
| - |
|
Perenimals Generative
|
0,53 SOL
46,11 $
|
25.2% | 7.7% | 19.0% |
|
23.054 $
266,43 SOL
|
3,10 SOL
268,62 $
|
7 | ||
| - |
|
Bricktopians by Law Degree
|
0,022 ETH
47,08 $
|
0.0% | 15.2% | 42.1% |
|
391.931 $
183,13 ETH
|
0,12 ETH
265,25 $
|
4 | ||
| - |
|
PennyMoon NFTs
|
0,010 BNB
6,54 $
|
0.0% | 0.0% | 0.0% |
|
13,07 $
0,020 BNB
|
0,41 BNB
264,60 $
|
- | ||
| - |
|
Hape Prime
|
0,033 ETH
70,52 $
|
3.0% | 0.0% | 15.5% |
|
577.680 $
269,92 ETH
|
0,12 ETH
263,36 $
|
4 | ||
| - |
|
BITBEAST
|
0,006 ETH
11,81 $
|
0.0% | 15.7% | 64.4% |
|
96.378 $
45,03 ETH
|
0,12 ETH
260,05 $
|
3 | ||
| - |
|
merge
|
0,029 ETH
62,81 $
|
0.0% | 0.0% | 2.0% |
|
1.297.827 $
606,40 ETH
|
0,12 ETH
256,82 $
|
1 | ||
| - |
|
AOI Engine
|
0,003 ETH
5,86 $
|
0.0% | 72.3% | 4.5% |
|
95.398 $
44,57 ETH
|
0,12 ETH
249,73 $
|
8 | ||
| - |
|
WAGMI
|
0,057 ETH
121,73 $
|
6.0% | 36.3% | 74.7% |
|
367.869 $
171,89 ETH
|
0,11 ETH
242,91 $
|
5 | ||
| - |
|
CryptoUndeads
|
0,43 SOL
36,94 $
|
0.0% | 23.5% | 90.8% |
|
369.375 $
4.269 SOL
|
2,76 SOL
238,64 $
|
6 | ||
| - |
|
Oblivion by Nullish
|
0,005 BTC
380,85 $
|
0.0% | 29.1% | 33.9% |
|
210.993 $
2,71 BTC
|
0,003 BTC
233,65 $
|
1 | ||
| - |
|
$DOG | Ordinals - SZN II B9-450x
|
0,004 BTC
311,54 $
|
0.0% | 111.6% | 67.4% |
|
0,00 €
0 BTC
|
0,003 BTC
233,65 $
|
1 | ||
| - |
|
DogePunks
|
0,0004 BTC
27,26 $
|
45.8% | 0.0% | 16.7% |
|
272.595 $
3,50 BTC
|
0,003 BTC
233,58 $
|
11 | ||
| - |
|
Phanta Bear
|
0,025 ETH
54,53 $
|
32.7% | 35.2% | 68.3% |
|
545.324 $
254,80 ETH
|
0,11 ETH
232,96 $
|
5 | ||
| - |
|
Smyths
|
1,33 SOL
115,08 $
|
0.0% | 8.8% | 12.3% |
|
511.436 $
5.911 SOL
|
2,69 SOL
232,82 $
|
2 | ||
| - |
|
Fomojis 2.0
|
0,002 BTC
154,21 $
|
0.0% | 15.7% | 5.9% |
|
309.810 $
3,98 BTC
|
0,003 BTC
232,10 $
|
1 | ||
| - |
|
Yapybaras - Kaito Genesis
|
0,11 ETH
241,95 $
|
18.0% | 43.5% | 13.1% |
|
362.922 $
169,57 ETH
|
0,11 ETH
230,63 $
|
1 | ||
| - |
|
Pome Survival Companion Pet
|
0,30 BNB
195,95 $
|
0.0% | 0.0% | 696.1% |
|
589.016 $
901,80 BNB
|
0,35 BNB
228,59 $
|
6 | ||
| - |
|
Rafflor
|
2,73 SOL
236,43 $
|
0.0% | 3.7% | 5.9% |
|
292.705 $
3.383 SOL
|
2,63 SOL
227,56 $
|
1 | ||
| - |
|
Bert
|
1,28 SOL
110,92 $
|
0.0% | 76.2% | 210.0% |
|
369.693 $
4.272 SOL
|
2,62 SOL
226,71 $
|
2 | ||
| - |
|
Dr. ETHvil's 3D FrankenPunks
|
0,020 ETH
41,95 $
|
2.2% | 0.0% | 39.3% |
|
419.438 $
195,98 ETH
|
0,10 ETH
222,30 $
|
5 | ||
| - |
|
SOL Decoder
|
1,33 SOL
114,80 $
|
0.0% | 9.1% | 5.1% |
|
456.453 $
5.275 SOL
|
2,53 SOL
219,28 $
|
2 | ||
| - |
|
Froganas
|
Acquista
|
0,65 SOL
56,30 $
|
1.5% | 2.5% | 11.4% |
|
312.754 $
3.614 SOL
|
2,50 SOL
216,68 $
|
4 | |
| - |
|
Thetan Hero
|
1,00 BNB
653,16 $
|
0.0% | 0.0% | 900.0% |
|
232.626.563 $
356.158 BNB
|
0,33 BNB
216,03 $
|
22 | ||
| - |
|
$DOG | Ordinals - SZN I Genesis
|
0,004 BTC
303,75 $
|
0.0% | 2.5% | 11.7% |
|
1.670.619 $
21,45 BTC
|
0,003 BTC
214,18 $
|
1 | ||
| - |
|
HUGO x Imaginary Ones: Embrace Your Emotions
|
0,055 ETH
117,71 $
|
266.7% | 266.7% | 83.3% |
|
117.829 $
55,06 ETH
|
0,10 ETH
214,02 $
|
1 | ||
| - |
|
PORSCHE 911
|
0,14 ETH
297,49 $
|
65.5% | 65.5% | 7.8% |
|
702.965 $
328,46 ETH
|
0,10 ETH
214,02 $
|
1 | ||
| - |
|
Broadside
|
0,004 ETH
8,12 $
|
0.0% | 0.0% | 57.3% |
|
58.475 $
27,32 ETH
|
0,10 ETH
214,02 $
|
1 | ||
| - |
|
$DOG | Genesis
|
0,004 BTC
303,75 $
|
0.0% | 2.5% | 11.7% |
|
1.670.619 $
21,45 BTC
|
0,003 BTC
214,18 $
|
1 | ||
| - |
|
PoorTraits
|
0,0002 BTC
15,58 $
|
4.8% | 20.0% | 23.1% |
|
0,00 €
0 BTC
|
0,003 BTC
212,62 $
|
13 | ||
| - |
|
Primates
|
0,37 SOL
32,30 $
|
12.5% | 28.0% | 93.8% |
|
322.920 $
3.732 SOL
|
2,43 SOL
210,55 $
|
5 | ||
| - |
|
Pandu Pandas
|
0,54 SOL
47,02 $
|
9.7% | 8.8% | 13.0% |
|
75.421 $
871,61 SOL
|
2,41 SOL
208,61 $
|
5 | ||
| - |
|
MathVerse Land
|
5,00 BNB
3.265,78 $
|
0.0% | 5278.8% | 7860.7% |
|
8.164.444 $
12.500 BNB
|
0,32 BNB
208,57 $
|
1 | ||
| - |
|
Ether
|
0,006 ETH
13,46 $
|
0.0% | 1.7% | 1.7% |
|
70.448 $
32,92 ETH
|
0,096 ETH
204,48 $
|
17 | ||
| - |
|
Proud Kitty Gang
|
0,50 BNB
326,58 $
|
0.0% | 0.0% | 696.1% |
|
1.621.785 $
2.483 BNB
|
0,31 BNB
201,18 $
|
3 | ||
| - |
|
Planets
|
0,003 BTC
200,59 $
|
0.0% | 22.9% | 102.6% |
|
0,00 €
0 BTC
|
0,003 BTC
200,59 $
|
1 | ||
| - |
|
Aevon
|
0,13 SOL
11,65 $
|
6.8% | 47.2% | 16.3% |
|
25.939 $
299,77 SOL
|
2,30 SOL
198,78 $
|
16 | ||
| - |
|
Breadheads
|
0,26 SOL
22,51 $
|
0.0% | 21.3% | 37.8% |
|
66.957 $
773,80 SOL
|
2,30 SOL
198,59 $
|
2 | ||
| - |
|
Runestone
|
0,001 BTC
108,10 $
|
0.0% | 3.7% | 28.6% |
|
12.150.832 $
156,01 BTC
|
0,003 BTC
197,83 $
|
2 | ||
| - |
|
Peepos
|
0,003 BTC
233,65 $
|
0.0% | 40.0% | 40.0% |
|
98.134 $
1,26 BTC
|
0,003 BTC
197,05 $
|
2 | ||
| - |
|
CARDS
|
2,39 SOL
206,84 $
|
0.0% | 25.5% | 25.5% |
|
14.478,74 $
167,33 SOL
|
2,23 SOL
193,31 $
|
1 | ||
| - |
|
The Royals
|
0,0004 BTC
29,21 $
|
0.0% | 3.0% | 3.8% |
|
294.403 $
3,78 BTC
|
0,002 BTC
193,23 $
|
7 | ||
| - |
|
Parallel Avatars
|
0,047 ETH
101,57 $
|
0.0% | 0.4% | 27.0% |
|
1.117.329 $
522,07 ETH
|
0,090 ETH
192,10 $
|
2 | ||
| - |
|
Parallel
|
0,0001 ETH
0,211666 $
|
0.0% | 0.0% | 78.2% |
|
1.239.437 $
579,12 ETH
|
0,090 ETH
191,93 $
|
12 | ||
| - |
|
Trademark by Jack Butcher
|
0,020 ETH
42,16 $
|
20.6% | 6.0% | 31.4% |
|
421.618 $
197,00 ETH
|
0,089 ETH
190,77 $
|
5 | ||
| - |
|
DMST
|
0,11 SOL
9,14 $
|
0.0% | 0.2% | 46.1% |
|
31.984 $
369,63 SOL
|
2,18 SOL
188,54 $
|
4 | ||
| - |
|
Moonbirds Oddities
|
0,092 ETH
196,00 $
|
1.7% | 15.0% | 18.7% |
|
1.185.420 $
553,88 ETH
|
0,088 ETH
188,34 $
|
1 | ||
| - |
|
Bitcoin Philately
|
0,0007 BTC
52,18 $
|
16.2% | 9.5% | 21.2% |
|
0,00 €
0 BTC
|
0,002 BTC
186,92 $
|
1 | ||
| - |
|
Critters Quest
|
2,15 SOL
185,78 $
|
4.4% | 18.0% | 9.8% |
|
650.215 $
7.514 SOL
|
2,10 SOL
181,63 $
|
1 | ||
| - |
|
Rogues
|
0,52 SOL
45,18 $
|
0.2% | 8.4% | 9.4% |
|
150.593 $
1.740 SOL
|
2,09 SOL
180,85 $
|
1 | ||
| - |
|
Monke
|
0,34 SOL
29,75 $
|
17.3% | 28.5% | 28.5% |
|
9.966,04 $
115,17 SOL
|
2,01 SOL
173,92 $
|
6 | ||
| - |
|
Bitcoin Frogs
|
0,004 BTC
311,54 $
|
29.0% | 11.1% | 17.3% |
|
3.115.374 $
40,00 BTC
|
0,002 BTC
171,51 $
|
1 | ||
| - |
|
Yuna Revelation BRC2.0
|
0,0008 BTC
62,23 $
|
0.0% | 0.0% | 39.5% |
|
0,00 €
0 BTC
|
0,002 BTC
170,88 $
|
4 | ||
| - |
|
Sunflower Land
|
0,0002 ETH
0,425345 $
|
2.3% | 2.3% | 2.3% |
|
111.727 $
52,20 ETH
|
0,079 ETH
169,36 $
|
2 | ||
| - |
|
World of Women Galaxy
|
0,016 ETH
35,10 $
|
0.0% | 0.0% | 29.3% |
|
753.888 $
352,25 ETH
|
0,078 ETH
167,15 $
|
6 | ||
| - |
|
FGDNFT
|
0,44 BNB
287,76 $
|
0.0% | 0.0% | 0.0% |
|
2.203.351 $
3.373 BNB
|
0,25 BNB
166,47 $
|
- | ||
| - |
|
YuliOriginGenOne
|
500,00 BNB
326.578 $
|
0.0% | 0.0% | 38.9% |
|
1.696.571.456 $
2.597.500 BNB
|
0,25 BNB
165,43 $
|
5 | ||
| - |
|
Killer GF
|
0,032 ETH
68,27 $
|
0.0% | 0.0% | 0.2% |
|
530.938 $
248,08 ETH
|
0,077 ETH
164,45 $
|
3 | ||
| - |
|
AILU
|
0,002 BTC
186,92 $
|
14.0% | 17.0% | 4.8% |
|
392.537 $
5,04 BTC
|
0,002 BTC
163,56 $
|
1 | ||
| - |
|
Gib Meme Gigapack Memecards
|
0,031 SOL
2,71 $
|
21.7% | 3.7% | 4.0% |
|
169.597 $
1.960 SOL
|
1,89 SOL
163,23 $
|
74 | ||
| - |
|
CryptoArte
|
0,029 ETH
61,96 $
|
15.9% | 0.8% | 59.9% |
|
612.030 $
285,97 ETH
|
0,075 ETH
160,46 $
|
3 | ||
| - |
|
Undeads
|
0,35 SOL
30,55 $
|
17.5% | 11.9% | 71.5% |
|
305.476 $
3.530 SOL
|
1,84 SOL
159,31 $
|
6 | ||
| - |
|
Pop Art Cats by Matt Chessco
|
0,041 ETH
87,53 $
|
3.0% | 0.0% | 0.0% |
|
875.343 $
409,00 ETH
|
0,074 ETH
157,95 $
|
2 | ||
| - |
|
Jungle Bay
|
0,050 ETH
107,87 $
|
0.0% | 0.8% | 241.0% |
|
599.089 $
279,92 ETH
|
0,074 ETH
157,86 $
|
2 | ||
| - |
|
Patriots
|
0,40 SOL
34,85 $
|
8.9% | 21.6% | 89.4% |
|
348.131 $
4.023 SOL
|
1,80 SOL
155,85 $
|
3 | ||
| - |
|
OCM Katoshi Prime by OnChainMonkey®
|
0,001 BTC
90,78 $
|
0.0% | 22.3% | 26.6% |
|
0,00 €
0 BTC
|
0,002 BTC
155,77 $
|
1 | ||
| - |
|
NodeRocks
|
0,0004 BTC
34,97 $
|
0.0% | 49.7% | 124.5% |
|
349.701 $
4,49 BTC
|
0,002 BTC
155,77 $
|
1 | ||
| - |
|
Pythenians
|
0,82 SOL
71,09 $
|
0.0% | 6.9% | 25.8% |
|
261.740 $
3.025 SOL
|
1,77 SOL
152,96 $
|
2 | ||
| - |
|
CHOMSKY HONKS
|
0,98 SOL
84,64 $
|
0.0% | 1.5% | 128.3% |
|
113.166 $
1.308 SOL
|
1,75 SOL
151,43 $
|
1 | ||
| - |
|
Persona
|
0,040 ETH
85,61 $
|
0.0% | 0.0% | 37.9% |
|
759.782 $
355,00 ETH
|
0,071 ETH
151,32 $
|
2 | ||
| - |
|
TinFun
|
0,50 ETH
1.070,10 $
|
614.3% | 614.3% | 575.7% |
|
10.701.016 $
5.000 ETH
|
0,070 ETH
149,17 $
|
1 | ||
| - |
|
Forever Fomo Duck Squad
|
0,009 ETH
20,12 $
|
6.6% | 82.0% | 62.1% |
|
156.155 $
72,96 ETH
|
0,069 ETH
147,02 $
|
9 | ||
| - |
|
NODES
|
0,019 ETH
40,65 $
|
0.0% | 5.0% | 11.0% |
|
135.500 $
63,31 ETH
|
0,068 ETH
146,56 $
|
3 | ||
| - |
|
2048 by Harto
|
0,0005 BTC
37,23 $
|
0.0% | 0.2% | 36.6% |
|
0,00 €
0 BTC
|
0,002 BTC
141,67 $
|
3 | ||
| - |
|
FLUF World
|
0,011 ETH
24,49 $
|
0.0% | 0.0% | 3.0% |
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244.946 $
114,45 ETH
|
0,066 ETH
140,40 $
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6 | ||
| - |
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The Sad Times NFT
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0,048 ETH
101,70 $
|
0.0% | 0.0% | 30.9% |
|
338.960 $
158,38 ETH
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0,064 ETH
136,76 $
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2 | ||
| - |
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WPNZ
|
0,001 BTC
77,88 $
|
0.0% | 16.7% | 16.7% |
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0,00 €
0 BTC
|
0,002 BTC
136,30 $
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1 | ||
| - |
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NinjaPets (NinjaFT)
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0,10 BNB
68,30 $
|
0.0% | 0.0% | 0.0% |
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0,00 €
0 BNB
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0,21 BNB
136,23 $
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- | ||
| - |
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Bored Ape Solana Club
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1,13 SOL
98,12 $
|
3.4% | 2.1% | 38.7% |
|
588.442 $
6.800 SOL
|
1,56 SOL
134,99 $
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1 | ||
| - |
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RatBoy NFTs
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0,060 BNB
39,19 $
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0.0% | 0.0% | 0.0% |
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78.379 $
120,00 BNB
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0,20 BNB
133,86 $
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- | ||
| - |
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Doopies
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0,37 SOL
32,00 $
|
10.6% | 4.3% | 24.1% |
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284.407 $
3.287 SOL
|
1,53 SOL
132,79 $
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4 | ||
| - |
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Solcasino.io
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0,31 SOL
26,88 $
|
0.0% | 4.0% | 6.3% |
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134.402 $
1.553 SOL
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1,50 SOL
129,79 $
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1 | ||
| - |
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Sensei
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0,83 SOL
72,22 $
|
0.0% | 0.8% | 15.0% |
|
240.702 $
2.782 SOL
|
1,50 SOL
129,79 $
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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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