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 | |||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - |
|
Zero Name Service
|
0,052 ETH
120,62 $
|
0.0% | 22.5% | 23.4% |
|
885.087 $
382,31 ETH
|
0,19 ETH
431,54 $
|
2 | ||
| - |
|
Adam Bomb Squad
|
0,013 ETH
30,10 $
|
13.3% | 23.8% | 8.3% |
|
752.409 $
325,00 ETH
|
0,18 ETH
421,35 $
|
13 | ||
| - |
|
CENTS
|
0,005 BTC
404,36 $
|
0.0% | 0.8% | 10.8% |
|
4.044.039 $
51,51 BTC
|
0,005 BTC
416,14 $
|
1 | ||
| - |
|
Lil' Bangers
|
0,013 ETH
30,13 $
|
7.5% | 22.5% | 17.9% |
|
167.363 $
72,29 ETH
|
0,18 ETH
413,48 $
|
10 | ||
| - |
|
ENS: Ethereum Name Service
|
0,0000 ETH
0,04375545 $
|
1.1% | 1.6% | 52.8% |
|
179.519 $
77,54 ETH
|
0,17 ETH
396,09 $
|
28 | ||
| - |
|
Cursed Bitcoin Punks
|
0,0005 BTC
36,82 $
|
0.0% | 100.4% | 4.2% |
|
368.246 $
4,69 BTC
|
0,005 BTC
392,59 $
|
14 | ||
| - |
|
Ninja Squad Official
|
0,028 ETH
64,70 $
|
0.0% | 3.4% | 15.3% |
|
575.009 $
248,37 ETH
|
0,17 ETH
388,56 $
|
6 | ||
| - |
|
DeepBlack
|
0,21 ETH
478,42 $
|
22.9% | 31.0% | 1.6% |
|
1.470.653 $
635,24 ETH
|
0,17 ETH
381,99 $
|
1 | ||
| - |
|
Trump Digital Trading Cards
|
0,028 ETH
65,42 $
|
3.7% | 2.0% | 189.0% |
|
2.943.943 $
1.272 ETH
|
0,16 ETH
381,58 $
|
4 | ||
| - |
|
Final Bosu
|
0,041 ETH
94,96 $
|
2.7% | 30.2% | 4.1% |
|
844.037 $
364,58 ETH
|
0,16 ETH
375,09 $
|
4 | ||
| - |
|
GMX Blueberry Club
|
0,13 ETH
309,99 $
|
2.3% | 0.0% | 0.0% |
|
3.099.923 $
1.339 ETH
|
0,16 ETH
363,24 $
|
1 | ||
| - |
|
vVv Season 1
|
0,019 ETH
43,73 $
|
16.7% | 36.3% | 14.6% |
|
216.912 $
93,69 ETH
|
0,16 ETH
362,78 $
|
10 | ||
| - |
|
based punks
|
0,028 ETH
65,98 $
|
14.0% | 13.5% | 8.1% |
|
329.902 $
142,50 ETH
|
0,15 ETH
351,99 $
|
4 | ||
| - |
|
Buidlers Collective GENESIS
|
4,18 SOL
353,04 $
|
1.4% | 5.7% | 8.6% |
|
330.090 $
3.910 SOL
|
4,05 SOL
341,47 $
|
1 | ||
| - |
|
iconito
|
0,16 SOL
13,62 $
|
1.6% | 0.0% | 53.5% |
|
68.114 $
806,86 SOL
|
3,97 SOL
334,99 $
|
19 | ||
| - |
|
Skellie
|
0,030 ETH
69,22 $
|
50.3% | 57.5% | 70.9% |
|
173.054 $
74,75 ETH
|
0,14 ETH
328,05 $
|
- | ||
| - |
|
Saga Monkes
|
1,12 SOL
94,69 $
|
16.5% | 25.9% | 56.4% |
|
946.895 $
11.217 SOL
|
3,85 SOL
324,93 $
|
3 | ||
| - |
|
The Wizards of Ord
|
0,005 BTC
423,99 $
|
5.3% | 17.8% | 35.0% |
|
1.413.168 $
18,00 BTC
|
0,004 BTC
317,85 $
|
1 | ||
| - |
|
Bitcoin Bandits
|
0,004 BTC
333,70 $
|
0.0% | 6.8% | 14.8% |
|
170.853 $
2,18 BTC
|
0,004 BTC
312,50 $
|
1 | ||
| - |
|
Cryptoon Goonz
|
0,075 ETH
173,63 $
|
0.0% | 0.0% | 0.0% |
|
1.210.047 $
522,68 ETH
|
0,13 ETH
310,01 $
|
4 | ||
| - |
|
Star Atlas Crew
|
0,009 SOL
0,723580 $
|
0.0% | 13.5% | 34.6% |
|
1.057.924 $
12.532 SOL
|
3,63 SOL
306,29 $
|
338 | ||
| - |
|
Lil Chudders
|
0,12 SOL
10,41 $
|
29.6% | 6.8% | 6.8% |
|
11.570,81 $
137,07 SOL
|
3,62 SOL
305,57 $
|
34 | ||
| - |
|
Chubbiverse Frens
|
0,017 ETH
38,85 $
|
0.1% | 276.0% | 199.7% |
|
345.217 $
149,11 ETH
|
0,13 ETH
305,53 $
|
8 | ||
| - |
|
BoDoggos
|
1,33 SOL
112,07 $
|
0.7% | 17.9% | 7.4% |
|
974.632 $
11.545 SOL
|
3,62 SOL
305,50 $
|
3 | ||
| - |
|
MOSCIUN
|
0,53 SOL
45,08 $
|
0.1% | 3.1% | 10.2% |
|
150.260 $
1.780 SOL
|
3,58 SOL
302,52 $
|
7 | ||
| - |
|
Pixels - Farm Land
|
0,20 ETH
458,19 $
|
10.0% | 10.0% | 9.6% |
|
2.290.957 $
989,57 ETH
|
0,13 ETH
300,96 $
|
1 | ||
| - |
|
Rogues
|
0,54 SOL
45,98 $
|
11.1% | 3.7% | 20.9% |
|
153.241 $
1.815 SOL
|
3,56 SOL
300,36 $
|
6 | ||
| - |
|
GigaBuds
|
0,45 SOL
38,12 $
|
3.8% | 3.0% | 3.4% |
|
381.182 $
4.515 SOL
|
3,56 SOL
300,39 $
|
9 | ||
| - |
|
raW Pass
|
0,008 ETH
19,45 $
|
0.0% | 5.0% | 5.0% |
|
108.027 $
46,66 ETH
|
0,13 ETH
299,00 $
|
34 | ||
| - |
|
EVMavericks
|
0,18 ETH
408,23 $
|
10.3% | 10.3% | 32.9% |
|
540.084 $
233,29 ETH
|
0,13 ETH
294,02 $
|
1 | ||
| - |
|
Owltopia
|
5,60 SOL
472,70 $
|
203.0% | 138.1% | 410.2% |
|
162.136 $
1.921 SOL
|
3,43 SOL
289,55 $
|
2 | ||
| - |
|
BotanNFT
|
0,19 BNB
119,80 $
|
0.0% | 0.0% | 0.0% |
|
617.708 $
993,69 BNB
|
0,46 BNB
282,91 $
|
- | ||
| - |
|
sharx by sharky.fi
|
0,30 SOL
25,57 $
|
0.0% | 4.6% | 4.2% |
|
258.499 $
3.062 SOL
|
3,32 SOL
280,02 $
|
5 | ||
| - |
|
Highrise LAND
|
0,16 ETH
375,05 $
|
2.0% | 2.5% | 17.4% |
|
1.114.639 $
481,46 ETH
|
0,12 ETH
280,13 $
|
1 | ||
| - |
|
Phanta Bear
|
0,017 ETH
39,22 $
|
0.0% | 38.8% | 0.5% |
|
392.178 $
169,40 ETH
|
0,12 ETH
280,03 $
|
7 | ||
| - |
|
Yue Minjun - Kingdom of the Laughing Man: Boundless
|
0,90 ETH
2.083,59 $
|
1668.2% | 1667.1% | 1566.7% |
|
2.081.509 $
899,10 ETH
|
0,12 ETH
280,13 $
|
2 | ||
| - |
|
CETS ON CRECK
|
0,51 SOL
43,36 $
|
0.0% | 78.1% | 77.8% |
|
302.243 $
3.580 SOL
|
3,28 SOL
277,06 $
|
5 | ||
| - |
|
G3M NFT Series
|
0,0000 BNB
0,000000000000000622 $
|
0.0% | 0.0% | 0.0% |
|
0,000000000536638 $
0,0000 BNB
|
0,44 BNB
275,54 $
|
- | ||
| - |
|
Pumpfun Pepe
|
2,99 SOL
252,03 $
|
0.0% | 96.0% | 115.1% |
|
243.718 $
2.887 SOL
|
3,25 SOL
274,36 $
|
1 | ||
| - |
|
Azra Games - The Hopeful
|
0,070 ETH
161,47 $
|
0.0% | 9.0% | 9.7% |
|
896.961 $
387,44 ETH
|
0,12 ETH
268,55 $
|
2 | ||
| - |
|
MidnightBreeze
|
0,039 ETH
90,29 $
|
5.7% | 5.7% | 18.4% |
|
629.208 $
271,78 ETH
|
0,11 ETH
260,98 $
|
3 | ||
| - |
|
Wealthy Hypio Babies
|
15,66 HYPE
639,32 $
|
11.9% | 44.5% | 42.4% |
|
3.451.665 $
84.548 HYPE
|
6,40 HYPE
261,09 $
|
28 | ||
| - |
|
DEVILS
|
0,89 SOL
75,18 $
|
3.5% | 95.2% | 0.0% |
|
201.773 $
2.390 SOL
|
3,02 SOL
254,94 $
|
3 | ||
| - |
|
Broadside
|
0,005 ETH
11,81 $
|
37.5% | 23.1% | 31.0% |
|
85.034 $
36,73 ETH
|
0,11 ETH
254,66 $
|
30 | ||
| - |
|
The Fungible by Pak
|
0,15 ETH
342,64 $
|
0.0% | 11.5% | 24.1% |
|
2.135.988 $
922,63 ETH
|
0,11 ETH
254,52 $
|
1 | ||
| - |
|
Mind the Gap by MountVitruvius
|
0,17 ETH
393,57 $
|
0.0% | 0.6% | 2.3% |
|
393.174 $
169,83 ETH
|
0,11 ETH
254,66 $
|
1 | ||
| - |
|
Poncho Drifella
|
2,78 SOL
234,85 $
|
0.0% | 0.0% | 58.5% |
|
45.561 $
539,71 SOL
|
3,00 SOL
253,25 $
|
1 | ||
| - |
|
Yumemono ☆ 夢物
|
0,021 ETH
48,44 $
|
5.7% | 34.2% | 16.1% |
|
251.906 $
108,81 ETH
|
0,11 ETH
252,37 $
|
6 | ||
| - |
|
PennyMoon NFTs
|
0,010 BNB
6,22 $
|
0.0% | 0.0% | 0.0% |
|
12,44 $
0,020 BNB
|
0,41 BNB
251,82 $
|
- | ||
| - |
|
PFP GEN2
|
0,44 SOL
37,53 $
|
8.2% | 7.5% | 13.1% |
|
374.936 $
4.441 SOL
|
2,94 SOL
248,02 $
|
4 | ||
| - |
|
Wassieverse
|
1,35 SOL
114,08 $
|
47.3% | 48.6% | 80.9% |
|
293.766 $
3.480 SOL
|
2,82 SOL
238,26 $
|
3 | ||
| - |
|
Puffsterz
|
2,51 SOL
211,64 $
|
7.1% | 19.5% | 4.2% |
|
399.359 $
4.731 SOL
|
2,80 SOL
236,37 $
|
1 | ||
| - |
|
LuckySea.gg
|
0,47 SOL
39,52 $
|
7.1% | 5.4% | 5.2% |
|
81.931 $
970,54 SOL
|
2,79 SOL
235,55 $
|
4 | ||
| - |
|
$DOG | Ordinals - SZN II B9-450x
|
0,004 BTC
314,07 $
|
0.0% | 111.6% | 67.4% |
|
0,00 €
0 BTC
|
0,003 BTC
235,55 $
|
1 | ||
| - |
|
Oblivion by Nullish
|
0,005 BTC
383,95 $
|
0.0% | 29.1% | 33.9% |
|
212.708 $
2,71 BTC
|
0,003 BTC
235,55 $
|
1 | ||
| - |
|
DogePunks
|
0,0004 BTC
27,48 $
|
45.8% | 0.0% | 16.7% |
|
274.810 $
3,50 BTC
|
0,003 BTC
235,47 $
|
11 | ||
| - |
|
Fomojis 2.0
|
0,002 BTC
155,46 $
|
0.0% | 15.7% | 5.9% |
|
312.327 $
3,98 BTC
|
0,003 BTC
233,98 $
|
1 | ||
| - |
|
CryptoUndeads
|
0,43 SOL
36,04 $
|
0.0% | 23.5% | 90.8% |
|
360.362 $
4.269 SOL
|
2,76 SOL
232,82 $
|
6 | ||
| - |
|
The Seven Seas: Captain
|
0,39 SOL
33,00 $
|
0.0% | 12.6% | 0.6% |
|
415.537 $
4.922 SOL
|
2,74 SOL
231,01 $
|
8 | ||
| - |
|
The Long Lost
|
0,018 ETH
41,25 $
|
12.1% | 5.5% | 38.5% |
|
412.517 $
178,19 ETH
|
0,099 ETH
229,89 $
|
7 | ||
| - |
|
Kagami
|
0,20 ETH
463,02 $
|
189.9% | 189.9% | 106.2% |
|
413.477 $
178,60 ETH
|
0,099 ETH
229,20 $
|
1 | ||
| - |
|
Bando Kids
|
0,31 SOL
25,91 $
|
2.4% | 60.1% | 50.9% |
|
86.345 $
1.023 SOL
|
2,70 SOL
227,55 $
|
2 | ||
| - |
|
PEACEFUL GROUPIES
|
0,004 ETH
10,41 $
|
35.8% | 45.0% | 12.4% |
|
104.043 $
44,94 ETH
|
0,097 ETH
225,03 $
|
23 | ||
| - |
|
Plasma Bears
|
0,027 ETH
62,51 $
|
42.9% | 42.9% | 42.9% |
|
93.949 $
40,58 ETH
|
0,097 ETH
224,57 $
|
1 | ||
| - |
|
BASC Collection
|
0,49 SOL
41,37 $
|
2.2% | 5.7% | 22.3% |
|
410.217 $
4.859 SOL
|
2,60 SOL
219,14 $
|
5 | ||
| - |
|
Pome Survival Companion Pet
|
0,30 BNB
186,49 $
|
0.0% | 0.0% | 696.1% |
|
560.585 $
901,80 BNB
|
0,35 BNB
217,56 $
|
6 | ||
| - |
|
MutantCats
|
0,003 ETH
7,15 $
|
38.4% | 43.5% | 71.8% |
|
71.530 $
30,90 ETH
|
0,093 ETH
215,77 $
|
36 | ||
| - |
|
$DOG | Ordinals - SZN I Genesis
|
0,004 BTC
306,22 $
|
0.0% | 2.5% | 11.7% |
|
1.684.193 $
21,45 BTC
|
0,003 BTC
215,92 $
|
1 | ||
| - |
|
Sword of Grandia
|
0,016 ETH
37,04 $
|
38.2% | 84.0% | 80.0% |
|
18.520,82 $
8,00 ETH
|
0,093 ETH
215,54 $
|
8 | ||
| - |
|
Volted Dragons Sailors Club - VDSC
|
0,041 ETH
95,27 $
|
0.8% | 42.0% | 61.8% |
|
418.220 $
180,65 ETH
|
0,093 ETH
214,41 $
|
2 | ||
| - |
|
PoorTraits
|
0,0002 BTC
15,70 $
|
4.8% | 20.0% | 23.1% |
|
0,00 €
0 BTC
|
0,003 BTC
214,35 $
|
13 | ||
| - |
|
Nuclear Nerds of the Accidental Apocalypse
|
0,008 ETH
18,16 $
|
0.7% | 56.0% | 5.3% |
|
163.388 $
70,57 ETH
|
0,091 ETH
211,79 $
|
16 | ||
| - |
|
$DOG | Genesis
|
0,004 BTC
306,22 $
|
0.0% | 2.5% | 11.7% |
|
1.684.193 $
21,45 BTC
|
0,003 BTC
215,92 $
|
1 | ||
| - |
|
G*BOY Badges
|
0,37 SOL
31,51 $
|
7.1% | 10.3% | 45.7% |
|
47.260 $
559,83 SOL
|
2,47 SOL
208,51 $
|
1 | ||
| - |
|
Grand Arena Booster Box
|
524,00 RON
50,47 $
|
2.8% | 1.7% | 28.9% |
|
143.587 $
1.490.780 RON
|
2.158 RON
207,85 $
|
4 | ||
| - |
|
Thetan Hero
|
1,00 BNB
621,63 $
|
0.0% | 0.0% | 900.0% |
|
221.398.286 $
356.158 BNB
|
0,33 BNB
205,60 $
|
22 | ||
| - |
|
Planets
|
0,003 BTC
202,22 $
|
0.0% | 22.9% | 102.6% |
|
0,00 €
0 BTC
|
0,003 BTC
202,22 $
|
1 | ||
| - |
|
alien frens
|
0,030 ETH
68,99 $
|
6.4% | 75.3% | 65.5% |
|
689.806 $
297,96 ETH
|
0,087 ETH
200,95 $
|
3 | ||
| - |
|
Runestone
|
0,001 BTC
108,98 $
|
0.0% | 3.7% | 28.6% |
|
12.249.559 $
156,01 BTC
|
0,003 BTC
199,44 $
|
2 | ||
| - |
|
MathVerse Land
|
5,00 BNB
3.108,15 $
|
0.0% | 5278.8% | 7860.7% |
|
7.770.368 $
12.500 BNB
|
0,32 BNB
198,50 $
|
1 | ||
| - |
|
The Royals
|
0,0004 BTC
29,44 $
|
0.0% | 3.0% | 3.8% |
|
296.795 $
3,78 BTC
|
0,002 BTC
194,80 $
|
7 | ||
| - |
|
The Wicked Craniums
|
0,008 ETH
19,37 $
|
0.0% | 1.1% | 2.9% |
|
208.415 $
90,02 ETH
|
0,084 ETH
193,85 $
|
10 | ||
| - |
|
Peepos
|
0,003 BTC
235,55 $
|
0.0% | 40.0% | 40.0% |
|
98.932 $
1,26 BTC
|
0,003 BTC
198,65 $
|
2 | ||
| - |
|
D1srupt0r
|
0,31 SOL
26,22 $
|
0.6% | 22.1% | 209.2% |
|
87.387 $
1.035 SOL
|
2,28 SOL
192,60 $
|
6 | ||
| - |
|
Haxz
|
0,39 SOL
33,24 $
|
3.5% | 14.2% | 26.4% |
|
110.791 $
1.312 SOL
|
2,28 SOL
192,05 $
|
4 | ||
| - |
|
Proud Kitty Gang
|
0,50 BNB
310,81 $
|
0.0% | 0.0% | 696.1% |
|
1.543.506 $
2.483 BNB
|
0,31 BNB
191,47 $
|
3 | ||
| - |
|
SolidSkulls
|
0,37 SOL
31,61 $
|
0.3% | 131.2% | 131.2% |
|
63.324 $
750,12 SOL
|
2,25 SOL
189,86 $
|
6 | ||
| - |
|
Primates
|
0,32 SOL
27,10 $
|
0.0% | 10.1% | 118.2% |
|
270.902 $
3.209 SOL
|
2,24 SOL
189,32 $
|
6 | ||
| - |
|
Bitcoin Philately
|
0,0007 BTC
52,61 $
|
16.2% | 9.5% | 21.2% |
|
0,00 €
0 BTC
|
0,002 BTC
188,44 $
|
1 | ||
| - |
|
Pop Art Cats by Matt Chessco
|
0,041 ETH
94,69 $
|
0.0% | 0.0% | 0.0% |
|
946.877 $
409,00 ETH
|
0,079 ETH
182,66 $
|
2 | ||
| - |
|
Akutars
|
0,019 ETH
44,59 $
|
2.2% | 15.7% | 23.4% |
|
665.355 $
287,40 ETH
|
0,079 ETH
182,20 $
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4 | ||
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Radbro Webring V2
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0,042 ETH
97,98 $
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17.7% | 49.2% | 63.7% |
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489.901 $
211,61 ETH
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0,078 ETH
181,50 $
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2 | ||
| - |
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My Pet Hooligan
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0,072 ETH
167,82 $
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0.7% | 5.5% | 5.8% |
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1.491.596 $
644,29 ETH
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0,078 ETH
180,58 $
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1 | ||
| - |
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10KTF Gucci Grail
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0,011 ETH
25,13 $
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6.6% | 22.3% | 30.9% |
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106.866 $
46,16 ETH
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0,078 ETH
180,69 $
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3 | ||
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Planet Kaiju
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0,12 SOL
10,29 $
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15.0% | 27.8% | 15.8% |
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68.577 $
812,34 SOL
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2,13 SOL
179,46 $
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18 | ||
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ICM "Investor Center Cult"
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0,17 SOL
14,54 $
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0.0% | 15.9% | 7.4% |
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48.451 $
573,94 SOL
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2,07 SOL
175,09 $
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16 | ||
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Bitcoin Frogs
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0,004 BTC
314,07 $
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29.0% | 11.1% | 17.3% |
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3.140.687 $
40,00 BTC
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0,002 BTC
172,91 $
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1 | ||
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Treehouse Squirrel Council
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0,047 ETH
108,81 $
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20.3% | 27.7% | 47.1% |
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108.916 $
47,05 ETH
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0,075 ETH
172,48 $
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2 | ||
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Yuna Revelation BRC2.0
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0,0008 BTC
62,74 $
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0.0% | 0.0% | 39.5% |
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0,00 €
0 BTC
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0,002 BTC
172,27 $
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4 | ||
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Boryoku Dragonz
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1,61 SOL
135,49 $
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35.6% | 30.5% | 21.3% |
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150.395 $
1.782 SOL
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2,02 SOL
170,86 $
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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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