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 | |||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - |
|
PepeNals
|
0,0003 BTC
24,97 $
|
0.0% | 100.0% | 73.0% |
|
172.307 $
2,21 BTC
|
0,002 BTC
120,18 $
|
8 | ||
| - |
|
Aurorians
|
1,39 SOL
119,60 $
|
0.1% | 30.7% | 42.4% |
|
1.197.724 $
13.919 SOL
|
1,39 SOL
119,61 $
|
1 | ||
| - |
|
Aurory
|
1,39 SOL
119,60 $
|
0.1% | 30.7% | 45.2% |
|
1.197.724 $
13.919 SOL
|
1,39 SOL
119,61 $
|
1 | ||
| - |
|
Kemonokaki
|
0,017 ETH
40,76 $
|
5.4% | 1.8% | 38.0% |
|
407.613 $
173,03 ETH
|
0,050 ETH
118,88 $
|
3 | ||
| - |
|
RTFKT BONUS ITEMS
|
1,50 ETH
3.533,60 $
|
40.0% | 7592.3% | 7475.8% |
|
2.279.174 $
967,50 ETH
|
0,050 ETH
118,26 $
|
2 | ||
| - |
|
Blitmap
|
0,081 ETH
190,78 $
|
31.9% | 18.3% | 31.9% |
|
324.138 $
137,60 ETH
|
0,050 ETH
118,02 $
|
1 | ||
| - |
|
Hashmasks
|
0,076 ETH
178,19 $
|
22.0% | 51.2% | 31.2% |
|
2.917.252 $
1.238 ETH
|
0,050 ETH
117,79 $
|
1 | ||
| - |
|
DigiDaigaku Dragon Eggs
|
0,010 ETH
23,42 $
|
0.3% | 0.1% | 0.5% |
|
116.190 $
49,32 ETH
|
0,050 ETH
117,08 $
|
9 | ||
| - |
|
The Warplets
|
0,002 ETH
3,72 $
|
0.8% | 15.9% | 49.8% |
|
182.981 $
77,67 ETH
|
0,048 ETH
113,83 $
|
23 | ||
| - |
|
Lil Peepos
|
0,005 BTC
390,19 $
|
0.0% | 66.7% | 0.0% |
|
163.879 $
2,10 BTC
|
0,002 BTC
120,96 $
|
1 | ||
| - |
|
World of Women Galaxy
|
0,012 ETH
29,07 $
|
2.4% | 28.8% | 8.8% |
|
624.469 $
265,08 ETH
|
0,046 ETH
109,49 $
|
4 | ||
| - |
|
STONES
|
0,0001 BTC
10,14 $
|
0.0% | 56.7% | 0.0% |
|
0,00 €
0 BTC
|
0,001 BTC
108,47 $
|
7 | ||
| - |
|
SOL Decoder
|
1,33 SOL
114,71 $
|
0.8% | 16.1% | 17.6% |
|
456.071 $
5.300 SOL
|
1,24 SOL
106,70 $
|
1 | ||
| - |
|
ThorGuards
|
0,034 ETH
80,80 $
|
0.0% | 23.8% | 31.3% |
|
807.290 $
342,69 ETH
|
0,045 ETH
105,89 $
|
1 | ||
| - |
|
Heroes of Elumia
|
0,59 SOL
50,91 $
|
0.0% | 0.0% | 18.4% |
|
78.194 $
908,70 SOL
|
1,20 SOL
103,26 $
|
1 | ||
| - |
|
Blvck Genesis
|
0,007 ETH
17,47 $
|
0.8% | 25.1% | 38.2% |
|
174.622 $
74,13 ETH
|
0,043 ETH
100,46 $
|
4 | ||
| - |
|
Non Fungible Tokens
|
0,40 SOL
34,41 $
|
14.7% | 26.5% | 15.0% |
|
114.683 $
1.333 SOL
|
1,15 SOL
99,07 $
|
3 | ||
| - |
|
alien frens
|
0,016 ETH
37,46 $
|
0.6% | 0.6% | 18.0% |
|
374.524 $
158,98 ETH
|
0,042 ETH
98,94 $
|
3 | ||
| - |
|
bitmap
|
Acquista
|
0,0000 BTC
3,65 $
|
0.0% | 4.0% | 36.7% |
|
2.898.710 $
37,15 BTC
|
0,001 BTC
97,14 $
|
26 | |
| - |
|
The Art of Seasons
|
0,010 ETH
23,56 $
|
0.0% | 35.1% | 47.1% |
|
170.485 $
72,37 ETH
|
0,041 ETH
95,64 $
|
5 | ||
| - |
|
BasePaint
|
0,0008 ETH
1,96 $
|
2.4% | 7.8% | 2.5% |
|
552.645 $
234,60 ETH
|
0,041 ETH
95,89 $
|
11 | ||
| - |
|
Enigma by CyberSea x Vivid Gallery x OnChainMonkey®
|
0,003 BTC
250,50 $
|
0.0% | 16.6% | 114.0% |
|
0,00 €
0 BTC
|
0,001 BTC
94,43 $
|
1 | ||
| - |
|
Quack Heads
|
1,07 SOL
91,82 $
|
1.1% | 18.7% | 6.1% |
|
183.548 $
2.133 SOL
|
1,10 SOL
94,31 $
|
1 | ||
| - |
|
The Odyssey
|
0,001 BTC
78,04 $
|
0.0% | 0.0% | 0.0% |
|
77.959 $
1,00 BTC
|
0,001 BTC
93,64 $
|
3 | ||
| - |
|
Sunflower Land
|
0,0002 ETH
0,468382 $
|
2.3% | 0.0% | 47.9% |
|
122.878 $
52,16 ETH
|
0,040 ETH
93,19 $
|
6 | ||
| - |
|
Hal Froggy Bobblehead
|
0,014 ETH
32,98 $
|
0.0% | 2.1% | 8.8% |
|
53.453 $
22,69 ETH
|
0,038 ETH
89,73 $
|
3 | ||
| - |
|
Volted Dragons Sailors Club - VDSC
|
0,073 ETH
171,55 $
|
0.0% | 30.3% | 51.3% |
|
753.102 $
319,69 ETH
|
0,038 ETH
89,99 $
|
1 | ||
| - |
|
GAMER Leets
|
1,00 BNB
636,12 $
|
0.0% | 33.3% | 961.4% |
|
6.361.170 $
10.000 BNB
|
0,14 BNB
89,09 $
|
1 | ||
| - |
|
ShonenSOL
|
0,080 SOL
6,85 $
|
2.7% | 25.9% | 25.9% |
|
13.906,43 $
161,61 SOL
|
1,02 SOL
87,67 $
|
11 | ||
| - |
|
Pop Art Cats by Matt Chessco
|
0,041 ETH
96,35 $
|
0.0% | 0.0% | 0.0% |
|
963.496 $
409,00 ETH
|
0,037 ETH
86,93 $
|
1 | ||
| - |
|
Nyan Balloon
|
0,004 ETH
10,53 $
|
11.9% | 11.8% | 4.5% |
|
139.166 $
59,08 ETH
|
0,036 ETH
85,92 $
|
8 | ||
| - |
|
CryptoBatz by Ozzy Osbourne
|
0,020 ETH
46,88 $
|
0.0% | 30.9% | 39.0% |
|
452.899 $
192,25 ETH
|
0,037 ETH
86,22 $
|
2 | ||
| - |
|
Primevils
|
0,51 SOL
43,68 $
|
19.5% | 145.5% | 379.0% |
|
33.679 $
391,39 SOL
|
1,00 SOL
86,05 $
|
2 | ||
| - |
|
KPR
|
0,014 ETH
32,74 $
|
6.9% | 1.2% | 11.4% |
|
327.445 $
139,00 ETH
|
0,036 ETH
84,57 $
|
3 | ||
| - |
|
Maikers
|
0,39 SOL
33,58 $
|
0.0% | 33.7% | 48.0% |
|
66.624 $
774,23 SOL
|
0,97 SOL
83,47 $
|
1 | ||
| - |
|
Lions of Liquania
|
0,96 SOL
82,87 $
|
0.0% | 17.8% | 57.9% |
|
108.805 $
1.264 SOL
|
0,95 SOL
81,75 $
|
1 | ||
| - |
|
BITBEAST
|
0,017 ETH
39,76 $
|
6.2% | 113.7% | 89.7% |
|
323.666 $
137,40 ETH
|
0,034 ETH
80,80 $
|
4 | ||
| - |
|
CakeMonsterLottery
|
0,15 BNB
95,42 $
|
0.0% | 0.0% | 0.0% |
|
233.964 $
367,80 BNB
|
0,13 BNB
79,88 $
|
- | ||
| - |
|
Chain Runners
|
0,030 ETH
69,94 $
|
12.5% | 0.0% | 6.5% |
|
699.345 $
296,87 ETH
|
0,034 ETH
79,39 $
|
1 | ||
| - |
|
SolPunks
|
0,46 SOL
39,94 $
|
0.9% | 2.7% | 8.8% |
|
399.163 $
4.639 SOL
|
0,91 SOL
77,96 $
|
2 | ||
| - |
|
RSIC METAPROTOCOL
|
0,0007 BTC
58,16 $
|
0.0% | 14.2% | 16.2% |
|
1.221.306 $
15,65 BTC
|
0,001 BTC
78,04 $
|
1 | ||
| - |
|
BEST BEFORE by Lemonhaze x ORDINALLY
|
0,0005 BTC
37,32 $
|
0.0% | 40.0% | 40.0% |
|
0,00 €
0 BTC
|
0,001 BTC
78,04 $
|
1 | ||
| - |
|
OCM Katoshi Classic by OnChainMonkey®
|
0,0007 BTC
57,74 $
|
0.0% | 1.3% | 2.6% |
|
0,00 €
0 BTC
|
0,001 BTC
78,04 $
|
1 | ||
| - |
|
Mutants On Sol Crew
|
0,20 SOL
17,35 $
|
0.0% | 2.1% | 46.5% |
|
60.731 $
705,75 SOL
|
0,90 SOL
77,68 $
|
3 | ||
| - |
|
GNSS Art by MGXS
|
0,023 ETH
54,30 $
|
0.2% | 0.2% | 4.5% |
|
526.490 $
223,49 ETH
|
0,033 ETH
77,74 $
|
2 | ||
| - |
|
Bricktopians by Law Degree
|
0,038 ETH
89,51 $
|
0.0% | 0.0% | 10.0% |
|
745.108 $
316,30 ETH
|
0,032 ETH
75,85 $
|
1 | ||
| - |
|
8liens NFT
|
0,004 ETH
8,95 $
|
38.7% | 29.1% | 126.3% |
|
87.235 $
37,03 ETH
|
0,032 ETH
75,39 $
|
12 | ||
| - |
|
1337 skulls
|
0,012 ETH
29,38 $
|
10.3% | 4.1% | 2.7% |
|
215.390 $
91,43 ETH
|
0,032 ETH
75,38 $
|
3 | ||
| - |
|
Solcasino.io
|
0,29 SOL
25,15 $
|
0.0% | 6.1% | 0.3% |
|
125.771 $
1.462 SOL
|
0,87 SOL
75,02 $
|
2 | ||
| - |
|
SNS
|
0,030 SOL
2,55 $
|
0.0% | 0.0% | 0.0% |
|
64.556 $
750,21 SOL
|
0,87 SOL
74,86 $
|
1 | ||
| - |
|
FTW
|
0,0009 BTC
70,23 $
|
0.0% | 32.4% | 109.3% |
|
147.491 $
1,89 BTC
|
0,0010 BTC
74,92 $
|
1 | ||
| - |
|
Parallel Avatars
|
0,035 ETH
82,45 $
|
0.0% | 4.0% | 19.7% |
|
907.040 $
385,04 ETH
|
0,032 ETH
74,91 $
|
1 | ||
| - |
|
Yumemono ☆ 夢物
|
0,016 ETH
36,75 $
|
1.0% | 23.6% | 13.7% |
|
191.085 $
81,11 ETH
|
0,032 ETH
74,23 $
|
2 | ||
| - |
|
[ Ledger ] Market Pass - Genesis Edition
|
0,007 ETH
16,49 $
|
0.0% | 0.0% | 12.5% |
|
164.878 $
69,99 ETH
|
0,031 ETH
73,73 $
|
5 | ||
| - |
|
Kekspace: Coal Pepe
|
0,032 ETH
75,15 $
|
11.4% | 51.0% | 24.0% |
|
126.699 $
53,78 ETH
|
0,031 ETH
73,03 $
|
1 | ||
| - |
|
The Rune Guardians - Miners
|
0,0001 BTC
5,46 $
|
75.0% | 250.0% | 180.0% |
|
54.626 $
0,70 BTC
|
0,0009 BTC
71,64 $
|
16 | ||
| - |
|
DYLI
|
0,0001 ETH
0,235574 $
|
0.0% | 9.1% | 44.9% |
|
43.824 $
18,60 ETH
|
0,030 ETH
71,38 $
|
2 | ||
| - |
|
CyberKongz VX
|
0,020 ETH
47,09 $
|
33.3% | 0.0% | 16.4% |
|
699.492 $
296,93 ETH
|
0,030 ETH
70,67 $
|
2 | ||
| - |
|
Ordinal SigmaX
|
0,0001 BTC
8,58 $
|
11.3% | 11.3% | 11.4% |
|
8,58 $
0,0001 BTC
|
0,0009 BTC
70,86 $
|
5 | ||
| - |
|
Elements
|
0,075 SOL
6,45 $
|
12.5% | 50.0% | 50.0% |
|
64.433 $
748,78 SOL
|
0,81 SOL
70,05 $
|
11 | ||
| - |
|
LP Doll
|
0,85 SOL
73,42 $
|
0.1% | 6.2% | 41.2% |
|
326.292 $
3.792 SOL
|
0,80 SOL
68,84 $
|
1 | ||
| - |
|
Labubu NFT
|
1,11 SOL
95,09 $
|
21.2% | 50.0% | 50.0% |
|
9.508,64 $
110,50 SOL
|
0,80 SOL
68,84 $
|
1 | ||
| - |
|
Defi Dungeons
|
0,036 SOL
3,13 $
|
5.3% | 5.6% | 42.2% |
|
47.255 $
549,16 SOL
|
0,80 SOL
68,66 $
|
24 | ||
| - |
|
Ape Odyssey
|
0,0001 BTC
4,68 $
|
20.0% | 50.0% | 50.0% |
|
23.411 $
0,30 BTC
|
0,0008 BTC
66,18 $
|
17 | ||
| - |
|
Wonky Stonks
|
0,032 ETH
75,50 $
|
2.2% | 3.5% | 2.4% |
|
659.525 $
279,97 ETH
|
0,028 ETH
65,23 $
|
1 | ||
| - |
|
G*BOY Badges
|
0,40 SOL
34,14 $
|
3.1% | 15.7% | 42.1% |
|
51.212 $
595,13 SOL
|
0,75 SOL
64,54 $
|
1 | ||
| - |
|
0N1 FORCE: THE F4LL3N
|
0,0008 BTC
62,14 $
|
0.0% | 27.6% | 42.7% |
|
207.106 $
2,65 BTC
|
0,0008 BTC
62,12 $
|
1 | ||
| - |
|
SRMANZANO
|
0,15 SOL
13,30 $
|
0.7% | 23.9% | 14.9% |
|
39.900 $
463,68 SOL
|
0,72 SOL
61,66 $
|
4 | ||
| - |
|
Primates
|
0,29 SOL
24,92 $
|
15.2% | 22.0% | 102.0% |
|
249.172 $
2.896 SOL
|
0,72 SOL
61,64 $
|
3 | ||
| - |
|
SolCity
|
0,70 SOL
60,59 $
|
5.9% | 9.3% | 9.3% |
|
130.506 $
1.517 SOL
|
0,72 SOL
61,54 $
|
1 | ||
| - |
|
GODL GANG
|
0,78 SOL
67,46 $
|
0.0% | 27.3% | 2.5% |
|
22.466 $
261,07 SOL
|
0,70 SOL
60,24 $
|
1 | ||
| - |
|
Undeads
|
0,19 SOL
16,50 $
|
6.9% | 7.4% | 13.4% |
|
164.950 $
1.917 SOL
|
0,70 SOL
59,89 $
|
4 | ||
| - |
|
Meta Legends
|
0,008 ETH
19,22 $
|
10.2% | 25.8% | 31.4% |
|
237.305 $
100,74 ETH
|
0,025 ETH
59,44 $
|
3 | ||
| - |
|
0N1 Force: The Fallen
|
0,0008 BTC
62,14 $
|
0.0% | 27.6% | 42.7% |
|
207.106 $
2,65 BTC
|
0,0008 BTC
62,12 $
|
1 | ||
| - |
|
Killer GF
|
0,032 ETH
75,27 $
|
0.0% | 11.6% | 44.9% |
|
585.342 $
248,48 ETH
|
0,025 ETH
58,89 $
|
1 | ||
| - |
|
Honey Bastards
|
0,008 ETH
19,72 $
|
0.2% | 88.0% | 40.9% |
|
43.807 $
18,60 ETH
|
0,025 ETH
59,15 $
|
3 | ||
| - |
|
Warriors of Aradena
|
0,016 ETH
37,91 $
|
0.5% | 17.8% | 44.9% |
|
303.268 $
128,74 ETH
|
0,025 ETH
58,89 $
|
1 | ||
| - |
|
Cyber Frogs
|
0,76 SOL
65,82 $
|
0.0% | 2.1% | 8.9% |
|
532.350 $
6.186 SOL
|
0,68 SOL
58,77 $
|
1 | ||
| - |
|
Adderrels
|
0,0010 BTC
77,26 $
|
0.0% | 2.1% | 29.8% |
|
0,00 €
0 BTC
|
0,0008 BTC
58,53 $
|
1 | ||
| - |
|
ICM "Investor Center Cult"
|
0,23 SOL
19,64 $
|
23.9% | 5.5% | 46.1% |
|
65.444 $
760,52 SOL
|
0,67 SOL
57,89 $
|
4 | ||
| - |
|
ALTS by adidas
|
0,010 ETH
24,24 $
|
28.6% | 0.0% | 0.4% |
|
486.410 $
206,48 ETH
|
0,024 ETH
56,91 $
|
2 | ||
| - |
|
GORBAGIO
|
0,10 SOL
8,67 $
|
0.1% | 3.7% | 2.6% |
|
38.515 $
447,59 SOL
|
0,66 SOL
56,79 $
|
1 | ||
| - |
|
3D Invisible Friends
|
0,024 ETH
56,70 $
|
1.3% | 1.3% | 31.6% |
|
283.513 $
120,35 ETH
|
0,024 ETH
56,70 $
|
1 | ||
| - |
|
Insurgence by Debauchery
|
0,0001 BTC
10,14 $
|
0.0% | 0.0% | 13.3% |
|
0,00 €
0 BTC
|
0,0007 BTC
56,19 $
|
6 | ||
| - |
|
MOSCIUN
|
0,53 SOL
45,58 $
|
0.3% | 0.4% | 25.3% |
|
151.911 $
1.765 SOL
|
0,64 SOL
55,07 $
|
1 | ||
| - |
|
Fragments By James Jean
|
0,012 ETH
27,32 $
|
0.0% | 1.5% | 2.5% |
|
191.269 $
81,19 ETH
|
0,023 ETH
54,64 $
|
2 | ||
| - |
|
FloraForms by Harto X Belvedere
|
0,0007 BTC
54,63 $
|
0.0% | 11.4% | 7.8% |
|
546.262 $
7,00 BTC
|
0,0007 BTC
54,63 $
|
1 | ||
| - |
|
Apostles of Greed 🟠
|
0,0007 BTC
54,63 $
|
0.0% | 0.0% | 75.0% |
|
151.205 $
1,94 BTC
|
0,0007 BTC
54,63 $
|
1 | ||
| - |
|
Runelings
|
0,0003 BTC
27,31 $
|
0.0% | 2.8% | 10.3% |
|
0,00 €
0 BTC
|
0,0007 BTC
54,61 $
|
2 | ||
| - |
|
Playbux Ultra
|
0,038 BNB
24,05 $
|
0.0% | 0.0% | 0.0% |
|
72.998 $
114,76 BNB
|
0,086 BNB
54,42 $
|
3 | ||
| - |
|
THC ᴸᵃᵇᶻ | The Growerz
|
0,69 SOL
59,36 $
|
0.0% | 6.8% | 53.7% |
|
138.611 $
1.611 SOL
|
0,63 SOL
54,21 $
|
1 | ||
| - |
|
Exosama
|
0,011 ETH
26,34 $
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0.2% | 30.1% | 30.1% |
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263.371 $
111,80 ETH
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0,022 ETH
52,76 $
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iNFT Personality Pod
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0,022 ETH
51,59 $
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21.8% | 24.5% | 99.1% |
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509.457 $
216,26 ETH
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0,022 ETH
51,83 $
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Candies
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0,17 SOL
14,53 $
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0.0% | 0.0% | 0.0% |
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39.190 $
455,43 SOL
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0,60 SOL
51,63 $
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Pandu Pandas
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0,60 SOL
51,28 $
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13.9% | 10.3% | 9.1% |
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82.251 $
955,84 SOL
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0,60 SOL
51,63 $
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Bitcoin Weirdos
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0,0006 BTC
50,72 $
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0.0% | 21.5% | 195.4% |
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0,00 €
0 BTC
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0,0006 BTC
50,72 $
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<Player2>
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0,24 SOL
20,97 $
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0.1% | 9.3% | 18.7% |
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163.748 $
1.903 SOL
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0,58 SOL
50,08 $
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Abstract Hotdogs
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0,007 ETH
15,92 $
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14.2% | 52.3% | 14.8% |
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53.046 $
22,52 ETH
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0,021 ETH
49,01 $
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Commoners
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0,0006 BTC
49,16 $
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0.0% | 0.0% | 34.0% |
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491.558 $
6,30 BTC
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0,0006 BTC
48,38 $
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Honey Badgers
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0,0008 BTC
66,33 $
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0.0% | 21.4% | 6.2% |
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663.311 $
8,50 BTC
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0,0006 BTC
48,22 $
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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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