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 | |||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - |
|
Moonbears
|
0,072 ETH
144,74 $
|
0.0% | 0.6% | 0.0% |
|
547.568 $
272,38 ETH
|
0,053 ETH
106,55 $
|
1 | ||
| - |
|
Lil Nouns
|
0,024 ETH
49,25 $
|
0.0% | 0.0% | 18.1% |
|
378.299 $
188,18 ETH
|
0,053 ETH
105,54 $
|
3 | ||
| - |
|
GigaBuds
|
0,64 SOL
52,62 $
|
0.0% | 38.2% | 37.9% |
|
526.178 $
6.420 SOL
|
1,27 SOL
103,70 $
|
2 | ||
| - |
|
STONES
|
0,0001 BTC
9,53 $
|
0.0% | 56.7% | 0.0% |
|
0,00 €
0 BTC
|
0,001 BTC
101,90 $
|
7 | ||
| - |
|
The Flower Girls
|
0,016 ETH
32,37 $
|
0.0% | 0.0% | 168.8% |
|
323.406 $
160,87 ETH
|
0,051 ETH
101,74 $
|
4 | ||
| - |
|
RTFKT BONUS ITEMS
|
1,50 ETH
3.015,51 $
|
40.0% | 7592.3% | 7475.8% |
|
1.945.003 $
967,50 ETH
|
0,050 ETH
100,92 $
|
2 | ||
| - |
|
WADESIDE Official
|
0,031 ETH
62,32 $
|
0.0% | 0.0% | 0.0% |
|
830.893 $
413,31 ETH
|
0,050 ETH
100,52 $
|
5 | ||
| - |
|
Bulls and Apes Project - Genesis
|
0,060 ETH
120,38 $
|
0.0% | 0.0% | 93.2% |
|
1.264.143 $
628,82 ETH
|
0,050 ETH
100,11 $
|
1 | ||
| - |
|
BLOOD SOLUTIONS
|
3,00 SOL
245,55 $
|
0.0% | 37.6% | 51.6% |
|
58.195 $
710,05 SOL
|
1,20 SOL
98,35 $
|
1 | ||
| - |
|
Smyths
|
1,28 SOL
104,60 $
|
0.0% | 4.0% | 12.6% |
|
464.851 $
5.672 SOL
|
1,20 SOL
98,30 $
|
1 | ||
| - |
|
based punks
|
0,057 ETH
113,66 $
|
20.3% | 6.2% | 126.2% |
|
568.323 $
282,70 ETH
|
0,047 ETH
94,47 $
|
1 | ||
| - |
|
Non Fungible Tokens
|
0,40 SOL
32,77 $
|
14.7% | 26.5% | 15.0% |
|
109.230 $
1.333 SOL
|
1,15 SOL
94,36 $
|
3 | ||
| - |
|
Tomorrowland: The Symbol of Love and Unity
|
1,37 SOL
112,26 $
|
16.8% | 26.7% | 11.9% |
|
729.381 $
8.899 SOL
|
1,15 SOL
94,25 $
|
1 | ||
| - |
|
bitmap
|
Acquista
|
0,0000 BTC
3,43 $
|
0.0% | 4.0% | 36.7% |
|
2.723.146 $
37,15 BTC
|
0,001 BTC
91,26 $
|
26 | |
| - |
|
The Warplets
|
0,002 ETH
3,42 $
|
0.0% | 5.2% | 3.2% |
|
167.931 $
83,53 ETH
|
0,046 ETH
91,81 $
|
30 | ||
| - |
|
Wassieverse
|
1,26 SOL
103,04 $
|
0.0% | 5.3% | 38.2% |
|
265.336 $
3.237 SOL
|
1,12 SOL
91,47 $
|
1 | ||
| - |
|
G Tag
|
0,11 ETH
221,14 $
|
0.0% | 59.4% | 120.0% |
|
2.399.782 $
1.194 ETH
|
0,045 ETH
90,47 $
|
2 | ||
| - |
|
SolidSkulls
|
0,43 SOL
35,08 $
|
0.0% | 14.6% | 162.3% |
|
70.262 $
857,28 SOL
|
1,10 SOL
90,16 $
|
2 | ||
| - |
|
Stoned Ape Crew
|
0,63 SOL
51,61 $
|
12.7% | 13.2% | 22.0% |
|
216.783 $
2.645 SOL
|
1,10 SOL
89,91 $
|
2 | ||
| - |
|
GAMER Leets
|
1,00 BNB
639,28 $
|
0.0% | 33.3% | 961.4% |
|
6.392.787 $
10.000 BNB
|
0,14 BNB
89,53 $
|
1 | ||
| - |
|
Enigma by CyberSea x Vivid Gallery x OnChainMonkey®
|
0,003 BTC
235,33 $
|
0.0% | 16.6% | 114.0% |
|
0,00 €
0 BTC
|
0,001 BTC
88,71 $
|
1 | ||
| - |
|
The Odyssey
|
0,001 BTC
73,31 $
|
0.0% | 0.0% | 0.0% |
|
73.238 $
1,00 BTC
|
0,001 BTC
87,97 $
|
3 | ||
| - |
|
CyberKongz VX
|
0,030 ETH
60,31 $
|
20.0% | 22.3% | 25.5% |
|
895.847 $
445,62 ETH
|
0,044 ETH
88,45 $
|
1 | ||
| - |
|
Fableborne Kingdoms
|
63,99 RON
5,19 $
|
0.0% | 0.0% | 9.3% |
|
37.630 $
463.991 RON
|
1.085 RON
87,99 $
|
2 | ||
| - |
|
The Seven Seas: Captain
|
0,22 SOL
18,18 $
|
1.0% | 9.6% | 40.0% |
|
228.881 $
2.793 SOL
|
1,06 SOL
86,66 $
|
2 | ||
| - |
|
Loud Lords
|
0,10 SOL
8,56 $
|
11.2% | 44.0% | 54.5% |
|
8.744,60 $
106,69 SOL
|
1,02 SOL
83,93 $
|
8 | ||
| - |
|
The Superlative Secret Society
|
0,008 ETH
15,68 $
|
32.2% | 30.0% | 13.8% |
|
174.181 $
86,64 ETH
|
0,041 ETH
82,02 $
|
7 | ||
| - |
|
Heroes of Elumia
|
0,59 SOL
48,74 $
|
0.0% | 0.0% | 0.5% |
|
74.861 $
913,40 SOL
|
1,00 SOL
81,96 $
|
1 | ||
| - |
|
SNS
|
0,030 SOL
2,42 $
|
0.0% | 0.0% | 0.0% |
|
61.486 $
750,21 SOL
|
1,00 SOL
81,96 $
|
1 | ||
| - |
|
Loot
|
0,13 ETH
263,35 $
|
90.4% | 162.0% | 84.5% |
|
2.048.634 $
1.019 ETH
|
0,040 ETH
81,22 $
|
1 | ||
| - |
|
The Doge Pound
|
0,054 ETH
108,56 $
|
0.0% | 0.0% | 8.1% |
|
1.085.366 $
539,89 ETH
|
0,040 ETH
80,61 $
|
2 | ||
| - |
|
CakeMonsterLottery
|
0,15 BNB
95,89 $
|
0.0% | 0.0% | 0.0% |
|
235.127 $
367,80 BNB
|
0,13 BNB
80,28 $
|
- | ||
| - |
|
CHOMSKY HONKS
|
0,98 SOL
80,25 $
|
0.1% | 0.1% | 2.9% |
|
107.300 $
1.309 SOL
|
0,98 SOL
79,91 $
|
1 | ||
| - |
|
Meta Legends
|
0,009 ETH
17,69 $
|
0.0% | 0.0% | 2.8% |
|
218.395 $
108,64 ETH
|
0,039 ETH
78,02 $
|
6 | ||
| - |
|
Forgotten Runes Wizards Cult
|
0,038 ETH
76,44 $
|
0.0% | 19.4% | 11.0% |
|
711.667 $
354,00 ETH
|
0,038 ETH
76,47 $
|
1 | ||
| - |
|
Goopdoods by Goopdude - Official Collection
|
0,004 ETH
7,64 $
|
0.0% | 0.0% | 35.5% |
|
61.114 $
30,40 ETH
|
0,037 ETH
74,36 $
|
13 | ||
| - |
|
OCM Katoshi Classic by OnChainMonkey®
|
0,0007 BTC
54,24 $
|
0.0% | 1.3% | 2.6% |
|
0,00 €
0 BTC
|
0,001 BTC
73,31 $
|
1 | ||
| - |
|
RSIC METAPROTOCOL
|
0,0007 BTC
54,64 $
|
0.0% | 14.2% | 16.2% |
|
1.147.336 $
15,65 BTC
|
0,001 BTC
73,31 $
|
1 | ||
| - |
|
BEST BEFORE by Lemonhaze x ORDINALLY
|
0,0005 BTC
35,06 $
|
0.0% | 40.0% | 40.0% |
|
0,00 €
0 BTC
|
0,001 BTC
73,31 $
|
1 | ||
| - |
|
Boots
|
0,004 ETH
8,02 $
|
33.4% | 33.4% | 60.2% |
|
47.678 $
23,72 ETH
|
0,036 ETH
72,74 $
|
13 | ||
| - |
|
Garbage Friends
|
0,026 ETH
52,77 $
|
0.0% | 0.0% | 15.1% |
|
261.156 $
129,91 ETH
|
0,036 ETH
71,57 $
|
1 | ||
| - |
|
FTW
|
0,0009 BTC
65,98 $
|
0.0% | 32.4% | 109.3% |
|
138.558 $
1,89 BTC
|
0,0010 BTC
70,38 $
|
1 | ||
| - |
|
HV-MTL
|
0,018 ETH
36,67 $
|
47.8% | 47.8% | 29.6% |
|
1.040.141 $
517,40 ETH
|
0,035 ETH
69,94 $
|
2 | ||
| - |
|
The Rune Guardians - Miners
|
0,0001 BTC
5,13 $
|
75.0% | 250.0% | 180.0% |
|
51.318 $
0,70 BTC
|
0,0009 BTC
67,30 $
|
16 | ||
| - |
|
Ordinal SigmaX
|
0,0001 BTC
8,06 $
|
11.3% | 11.3% | 11.4% |
|
8,06 $
0,0001 BTC
|
0,0009 BTC
66,57 $
|
5 | ||
| - |
|
Elements
|
0,075 SOL
6,14 $
|
12.5% | 50.0% | 50.0% |
|
61.369 $
748,78 SOL
|
0,81 SOL
66,71 $
|
11 | ||
| - |
|
The Pandarianz
|
0,82 SOL
67,37 $
|
0.0% | 0.1% | 22.8% |
|
74.644 $
910,74 SOL
|
0,81 SOL
66,39 $
|
1 | ||
| - |
|
Kemonokaki
|
0,017 ETH
34,68 $
|
0.0% | 2.0% | 0.1% |
|
346.783 $
172,50 ETH
|
0,033 ETH
65,84 $
|
2 | ||
| - |
|
Labubu NFT
|
1,11 SOL
90,56 $
|
21.2% | 50.0% | 50.0% |
|
9.056,50 $
110,50 SOL
|
0,80 SOL
65,57 $
|
1 | ||
| - |
|
Long Neckie Ladies
|
0,036 ETH
72,37 $
|
45.2% | 45.2% | 54.7% |
|
241.217 $
119,99 ETH
|
0,033 ETH
65,54 $
|
4 | ||
| - |
|
PunkApepen
|
0,002 ETH
3,42 $
|
0.0% | 100.0% | 112.5% |
|
34.168 $
17,00 ETH
|
0,032 ETH
64,33 $
|
20 | ||
| - |
|
0N1 FORCE: THE F4LL3N
|
0,0008 BTC
58,37 $
|
0.0% | 27.6% | 42.7% |
|
194.563 $
2,65 BTC
|
0,0008 BTC
58,36 $
|
1 | ||
| - |
|
Drilady
|
0,35 SOL
28,95 $
|
2.6% | 0.1% | 58.0% |
|
72.371 $
883,02 SOL
|
0,77 SOL
63,11 $
|
1 | ||
| - |
|
Ape Odyssey
|
0,0001 BTC
4,40 $
|
20.0% | 50.0% | 50.0% |
|
21.993 $
0,30 BTC
|
0,0008 BTC
62,17 $
|
17 | ||
| - |
|
Cyber Frogs
|
0,75 SOL
61,77 $
|
0.0% | 0.7% | 8.8% |
|
499.613 $
6.096 SOL
|
0,76 SOL
62,32 $
|
1 | ||
| - |
|
Hape Prime
|
0,033 ETH
66,24 $
|
14.3% | 3.0% | 15.3% |
|
542.627 $
269,92 ETH
|
0,030 ETH
60,31 $
|
1 | ||
| - |
|
Lil Chillers
|
0,61 SOL
49,98 $
|
19.3% | 22.7% | 5.0% |
|
166.690 $
2.034 SOL
|
0,72 SOL
59,24 $
|
1 | ||
| - |
|
0N1 Force: The Fallen
|
0,0008 BTC
58,37 $
|
0.0% | 27.6% | 42.7% |
|
194.563 $
2,65 BTC
|
0,0008 BTC
58,36 $
|
1 | ||
| - |
|
Bricktopians by Law Degree
|
0,022 ETH
44,23 $
|
0.0% | 0.0% | 34.8% |
|
368.149 $
183,13 ETH
|
0,029 ETH
58,10 $
|
1 | ||
| - |
|
Pythenians
|
0,72 SOL
59,10 $
|
3.7% | 12.2% | 10.6% |
|
217.617 $
2.655 SOL
|
0,70 SOL
57,37 $
|
1 | ||
| - |
|
Smol Brain
|
0,010 ETH
20,10 $
|
0.0% | 0.0% | 2.8% |
|
214.001 $
106,45 ETH
|
0,028 ETH
57,28 $
|
2 | ||
| - |
|
Aevon
|
0,065 SOL
5,34 $
|
0.3% | 51.6% | 59.5% |
|
11.908,42 $
145,30 SOL
|
0,70 SOL
57,20 $
|
7 | ||
| - |
|
XElementia
|
0,31 SOL
25,44 $
|
0.3% | 19.2% | 28.6% |
|
254.364 $
3.104 SOL
|
0,69 SOL
56,80 $
|
2 | ||
| - |
|
Adderrels
|
0,0010 BTC
72,58 $
|
0.0% | 2.1% | 29.8% |
|
0,00 €
0 BTC
|
0,0008 BTC
54,98 $
|
1 | ||
| - |
|
G*BOY Badges
|
0,39 SOL
31,61 $
|
6.9% | 22.2% | 4.8% |
|
47.409 $
578,44 SOL
|
0,67 SOL
55,24 $
|
2 | ||
| - |
|
Playbux Ultra
|
0,038 BNB
24,17 $
|
0.0% | 0.0% | 0.0% |
|
73.361 $
114,76 BNB
|
0,086 BNB
54,69 $
|
3 | ||
| - |
|
CHADS
|
0,34 SOL
28,19 $
|
0.0% | 24.9% | 7.9% |
|
156.889 $
1.914 SOL
|
0,67 SOL
54,70 $
|
4 | ||
| - |
|
Deadfrenz Collection
|
0,025 ETH
50,26 $
|
0.0% | 0.0% | 177.8% |
|
568.072 $
282,58 ETH
|
0,027 ETH
54,28 $
|
2 | ||
| - |
|
Froganas
|
Acquista
|
0,61 SOL
50,33 $
|
2.1% | 5.6% | 12.5% |
|
279.562 $
3.411 SOL
|
0,65 SOL
53,27 $
|
1 | |
| - |
|
Nobody
|
0,030 ETH
60,11 $
|
0.0% | 12.0% | 25.1% |
|
601.089 $
299,00 ETH
|
0,026 ETH
53,27 $
|
1 | ||
| - |
|
Insurgence by Debauchery
|
0,0001 BTC
9,53 $
|
0.0% | 0.0% | 13.3% |
|
0,00 €
0 BTC
|
0,0007 BTC
52,78 $
|
6 | ||
| - |
|
Moonsters
|
0,70 SOL
57,62 $
|
7.5% | 0.0% | 21.5% |
|
576.156 $
7.030 SOL
|
0,64 SOL
52,19 $
|
1 | ||
| - |
|
SpacePunksClub
|
0,009 ETH
18,99 $
|
6.1% | 0.0% | 57.5% |
|
189.175 $
94,10 ETH
|
0,026 ETH
51,67 $
|
3 | ||
| - |
|
FloraForms by Harto X Belvedere
|
0,0007 BTC
51,32 $
|
0.0% | 11.4% | 7.8% |
|
513.177 $
7,00 BTC
|
0,0007 BTC
51,32 $
|
1 | ||
| - |
|
Apostles of Greed 🟠
|
0,0007 BTC
51,32 $
|
0.0% | 0.0% | 75.0% |
|
142.047 $
1,94 BTC
|
0,0007 BTC
51,32 $
|
1 | ||
| - |
|
Runelings
|
0,0003 BTC
25,65 $
|
0.0% | 2.8% | 10.3% |
|
0,00 €
0 BTC
|
0,0007 BTC
51,30 $
|
2 | ||
| - |
|
DystoPunks
|
0,11 ETH
217,12 $
|
140.0% | 140.0% | 800.0% |
|
450.951 $
224,32 ETH
|
0,025 ETH
50,74 $
|
2 | ||
| - |
|
Trump Digital Trading Cards Series 2
|
0,005 ETH
10,03 $
|
7.8% | 9.1% | 3.8% |
|
471.197 $
234,39 ETH
|
0,025 ETH
50,61 $
|
5 | ||
| - |
|
Parallel Aftermath
|
0,0000 ETH
0,090465 $
|
0.0% | 6.3% | 200.0% |
|
180.801 $
89,94 ETH
|
0,025 ETH
50,38 $
|
62 | ||
| - |
|
Warriors of Aradena
|
0,016 ETH
32,35 $
|
0.5% | 17.8% | 44.9% |
|
258.803 $
128,74 ETH
|
0,025 ETH
50,26 $
|
1 | ||
| - |
|
Calamity: Artifacts
|
0,038 ETH
76,07 $
|
0.0% | 0.0% | 3.0% |
|
150.012 $
74,62 ETH
|
0,025 ETH
50,26 $
|
1 | ||
| - |
|
Wild Forest Units
|
0,69 RON
0,055959 $
|
0.0% | 0.0% | 76.9% |
|
64.256 $
792.300 RON
|
611,65 RON
49,60 $
|
92 | ||
| - |
|
LuckySea.gg
|
0,46 SOL
37,54 $
|
0.0% | 3.6% | 1.4% |
|
77.812 $
949,39 SOL
|
0,60 SOL
49,18 $
|
1 | ||
| - |
|
Honeyland Passes
|
0,64 SOL
52,58 $
|
6.6% | 14.3% | 5.2% |
|
26.025 $
317,53 SOL
|
0,59 SOL
48,36 $
|
1 | ||
| - |
|
Bitcoin Weirdos
|
0,0006 BTC
47,64 $
|
0.0% | 21.5% | 195.4% |
|
0,00 €
0 BTC
|
0,0006 BTC
47,64 $
|
1 | ||
| - |
|
Meatbags
|
0,33 SOL
27,13 $
|
7.0% | 5.3% | 39.8% |
|
272.255 $
3.322 SOL
|
0,58 SOL
47,41 $
|
2 | ||
| - |
|
BasePaint
|
0,0008 ETH
1,69 $
|
2.3% | 3.4% | 11.5% |
|
482.743 $
240,13 ETH
|
0,023 ETH
47,09 $
|
10 | ||
| - |
|
based staccs
|
0,15 SOL
12,63 $
|
0.7% | 79.1% | 77.8% |
|
11.769,56 $
143,60 SOL
|
0,56 SOL
46,19 $
|
6 | ||
| - |
|
Commoners
|
0,0006 BTC
46,18 $
|
0.0% | 0.0% | 34.0% |
|
461.786 $
6,30 BTC
|
0,0006 BTC
45,45 $
|
1 | ||
| - |
|
Honey Badgers
|
0,0008 BTC
62,31 $
|
0.0% | 21.4% | 6.2% |
|
623.136 $
8,50 BTC
|
0,0006 BTC
45,30 $
|
1 | ||
| - |
|
Haxz
|
0,43 SOL
35,08 $
|
20.2% | 29.0% | 3.2% |
|
116.917 $
1.427 SOL
|
0,55 SOL
45,32 $
|
1 | ||
| - |
|
The Art of Seasons
|
0,014 ETH
28,95 $
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0.0% | 0.0% | 45.5% |
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209.502 $
104,21 ETH
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0,022 ETH
44,83 $
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2 | ||
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Full Moon Ordinals
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0,001 BTC
95,30 $
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9.2% | 9.2% | 0.0% |
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191.466 $
2,61 BTC
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0,0006 BTC
44,29 $
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1 | ||
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Killer GF
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0,050 ETH
100,52 $
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56.7% | 56.7% | 56.3% |
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781.720 $
388,85 ETH
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0,022 ETH
44,23 $
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1 | ||
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UP NFT Collection
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0,065 BNB
41,55 $
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0.0% | 0.0% | 0.0% |
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207.766 $
325,00 BNB
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0,068 BNB
43,58 $
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INK
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0,0006 BTC
43,10 $
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0.0% | 17.6% | 22.7% |
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430.995 $
5,88 BTC
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0,0006 BTC
43,25 $
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1 | ||
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Fine Pepes
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0,0003 BTC
21,18 $
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0.0% | 3.7% | 37.6% |
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0,00 €
0 BTC
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0,0006 BTC
42,36 $
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2 | ||
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Honeyland Genesis Bees
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0,077 SOL
6,27 $
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50.0% | 54.5% | 47.9% |
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29.845 $
364,14 SOL
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0,52 SOL
42,62 $
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5 | ||
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Cool Pets
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0,016 ETH
31,76 $
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25.8% | 26.4% | 43.6% |
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615.701 $
306,27 ETH
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0,021 ETH
42,62 $
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2 | ||
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TODAY - Mythic Seed
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0,014 ETH
28,34 $
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0.0% | 0.0% | 26.6% |
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157.450 $
78,32 ETH
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0,021 ETH
42,42 $
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2 | ||
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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