時価総額によるNFTコレクション価格ランキング
| # | NFT | 最低価格 | 24H | 7日 | 30D | 過去7日間 | 時価総額 | 24H取引高 | 24時間の販売量 | |||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 101 |
|
Chubbicorns
|
0.68 ETH
1,577.47$
|
13.3% | 13.3% | 2.3% |
|
354,931$
153.00 ETH
|
0.60 ETH
1,391.89$
|
1 | ||
| 102 |
|
Ship
|
0.050 ETH
115.76$
|
2.2% | 18.8% | 28.3% |
|
352,834$
152.10 ETH
|
0.60 ETH
1,403.03$
|
- | ||
| 103 |
|
Froganas
|
購入する
|
0.70 SOL
59.76$
|
13.9% | 11.7% | 10.1% |
|
331,947$
3,876 SOL
|
13.17 SOL
1,128.34$
|
17 | |
| 104 |
|
Garbage Friends
|
0.025 ETH
57.99$
|
25.0% | 110.1% | 42.0% |
|
286,023$
123.30 ETH
|
0.84 ETH
1,946.63$
|
36 | ||
| 105 |
|
Taurus Guard
|
0.31 SOL
26.94$
|
0.0% | 0.0% | 0.0% |
|
269,369$
3,145 SOL
|
21.74 SOL
1,862.34$
|
106 | ||
| 106 |
|
Sword of Grandia
|
0.22 ETH
519.16$
|
10.1% | 43.6% | 103.4% |
|
259,580$
111.90 ETH
|
0.50 ETH
1,152.99$
|
2 | ||
| 107 |
|
CNP RED
|
1.30 SOL
111.34$
|
0.4% | 42.4% | 31.1% |
|
228,033$
2,662 SOL
|
19.10 SOL
1,635.79$
|
12 | ||
| 108 |
|
NODES
|
0.021 ETH
48.04$
|
5.7% | 10.2% | 23.7% |
|
160,127$
69.03 ETH
|
0.76 ETH
1,760.29$
|
26 | ||
| 109 |
|
OZMO
|
23.41 SOL
2,004.90$
|
0.0% | 0.0% | 0.0% |
|
110,269$
1,287 SOL
|
21.00 SOL
1,798.57$
|
1 | ||
| 110 |
|
DeezNode
|
431.21 SOL
36,933$
|
0.0% | 0.0% | 0.0% |
|
73,866$
862.41 SOL
|
345.00 SOL
29,549$
|
1 | ||
| 111 |
|
Honeyland Genesis Bees
|
0.17 SOL
14.95$
|
55.0% | 63.4% | 69.4% |
|
71,185$
831.12 SOL
|
12.56 SOL
1,075.87$
|
66 | ||
| 112 |
|
Drifella III
|
0.59 SOL
50.41$
|
0.0% | 0.0% | 0.0% |
|
67,190$
784.47 SOL
|
85.41 SOL
7,315.17$
|
111 | ||
| 113 |
|
Trench Warriors
|
0.15 SOL
12.92$
|
0.0% | 7.3% | 7.3% |
|
54,764$
639.39 SOL
|
12.29 SOL
1,053.03$
|
58 | ||
| 114 |
|
The Magus Official
|
0.004 ETH
9.26$
|
0.0% | 0.0% | 0.0% |
|
7,876.93$
3.40 ETH
|
0.83 ETH
1,915.96$
|
- | ||
| 115 |
|
Trump Bitcoin Digital Trading Cards
|
0.075 BTC
5,702.43$
|
0.0% | 0.0% | 0.0% |
|
5,702.43$
0.075 BTC
|
0.031 BTC
2,357.00$
|
1 | ||
| 116 |
|
Bonk Puppets
|
0.023 SOL
1.98$
|
0.0% | 0.0% | 0.0% |
|
4,346.80$
50.75 SOL
|
55.92 SOL
4,789.24$
|
2,241 | ||
| - |
|
Otherside Koda
|
0.73 ETH
1,693.24$
|
0.0% | 11.2% | 20.2% |
|
13,705,066$
5,908 ETH
|
3.79 ETH
8,796.76$
|
5 | ||
| - |
|
Get Based - Primitives Edition
|
0.0000 ETH
0.099752$
|
7.5% | 22.9% | 2.3% |
|
37,139$
16.01 ETH
|
2.18 ETH
5,062.81$
|
155 | ||
| - |
|
CryptoPunks V1 (wrapped)
|
1.73 ETH
4,013.29$
|
4.9% | 4.9% | 17.0% |
|
20,668,450$
8,910 ETH
|
1.62 ETH
3,758.11$
|
1 | ||
| - |
|
The Memes by 6529
|
0.016 ETH
36.17$
|
0.1% | 6.3% | 12.1% |
|
7,343,148$
3,165 ETH
|
0.90 ETH
2,091.32$
|
17 | ||
| - |
|
Parallel Avatars
|
0.037 ETH
86.71$
|
0.1% | 12.1% | 4.1% |
|
953,925$
411.21 ETH
|
0.42 ETH
977.34$
|
9 | ||
| - |
|
Base, Introduced
|
0.0008 ETH
1.95$
|
6.7% | 1.2% | 140.7% |
|
945,239$
407.46 ETH
|
0.42 ETH
975.48$
|
500 | ||
| - |
|
Space Doodles
|
0.60 ETH
1,391.89$
|
0.2% | 10.2% | 39.4% |
|
10,505,973$
4,529 ETH
|
0.42 ETH
974.33$
|
1 | ||
| - |
|
Retardio Cousins
|
1.09 SOL
93.29$
|
2.8% | 5.7% | 6.8% |
|
414,563$
4,840 SOL
|
11.33 SOL
970.49$
|
9 | ||
| - |
|
God Hates NFTees
|
0.046 ETH
107.60$
|
7.2% | 2.1% | 4.6% |
|
540,367$
232.93 ETH
|
0.42 ETH
962.92$
|
9 | ||
| - |
|
SMOWL
|
0.095 ETH
220.36$
|
0.0% | 13.6% | 35.1% |
|
924,831$
398.66 ETH
|
0.41 ETH
947.18$
|
4 | ||
| - |
|
TOPIA Worlds
|
0.023 ETH
53.03$
|
0.2% | 62.1% | 73.7% |
|
530,258$
228.58 ETH
|
0.40 ETH
928.12$
|
14 | ||
| - |
|
Honeyland Land
|
0.51 SOL
43.67$
|
21.3% | 21.6% | 28.4% |
|
174,735$
2,040 SOL
|
10.81 SOL
925.54$
|
17 | ||
| - |
|
BTC DeGods
|
0.017 BTC
1,254.53$
|
0.0% | 33.7% | 17.5% |
|
671,176$
8.83 BTC
|
0.012 BTC
923.79$
|
1 | ||
| - |
|
beef brothko
|
0.47 ETH
1,085.80$
|
4.0% | 4.0% | 33.1% |
|
723,146$
311.72 ETH
|
0.38 ETH
888.49$
|
1 | ||
| - |
|
GAINZ
|
2.93 SOL
250.85$
|
4.6% | 2.4% | 7.5% |
|
836,098$
9,762 SOL
|
10.30 SOL
882.45$
|
3 | ||
| - |
|
mfers
|
0.19 ETH
440.77$
|
0.5% | 8.3% | 14.7% |
|
4,416,035$
1,904 ETH
|
0.37 ETH
856.01$
|
2 | ||
| - |
|
Heavy Liquid Graphic
|
0.66 SOL
56.82$
|
1.6% | 1.6% | 1.6% |
|
56,763$
662.74 SOL
|
9.91 SOL
848.39$
|
13 | ||
| - |
|
Neo Tokyo Outer Citizen V2
|
0.084 ETH
193.92$
|
0.5% | 5.8% | 13.1% |
|
694,436$
299.35 ETH
|
0.36 ETH
846.73$
|
4 | ||
| - |
|
World of Women Galaxy
|
0.013 ETH
29.42$
|
6.1% | 10.1% | 9.6% |
|
631,886$
272.39 ETH
|
0.36 ETH
829.51$
|
29 | ||
| - |
|
BullBears
|
0.30 SOL
25.44$
|
10.0% | 13.4% | 47.4% |
|
197,374$
2,304 SOL
|
9.46 SOL
809.82$
|
20 | ||
| - |
|
Taiji Labs Genesis Keys
|
0.15 ETH
340.55$
|
22.3% | 0.7% | 18.0% |
|
136,220$
58.72 ETH
|
0.34 ETH
784.10$
|
3 | ||
| - |
|
Trump Digital Trading Cards
|
0.031 ETH
72.49$
|
0.0% | 11.2% | 56.3% |
|
3,262,200$
1,406 ETH
|
0.33 ETH
776.64$
|
8 | ||
| - |
|
Nakamigos CLOAKS
|
0.010 ETH
24.17$
|
4.6% | 2.4% | 0.7% |
|
483,348$
208.36 ETH
|
0.33 ETH
767.90$
|
25 | ||
| - |
|
CryptoSkulls
|
0.049 ETH
112.56$
|
0.0% | 9.6% | 4.1% |
|
1,125,611$
485.21 ETH
|
0.33 ETH
763.72$
|
6 | ||
| - |
|
MidEvil
|
1.12 SOL
96.18$
|
1.3% | 6.7% | 37.5% |
|
480,908$
5,615 SOL
|
8.81 SOL
754.85$
|
7 | ||
| - |
|
Opepen Edition
|
0.083 ETH
192.42$
|
6.7% | 5.0% | 15.2% |
|
3,078,700$
1,327 ETH
|
0.32 ETH
750.21$
|
4 | ||
| - |
|
Quirklings
|
0.060 ETH
139.03$
|
12.8% | 14.3% | 21.1% |
|
2,735,131$
1,179 ETH
|
0.32 ETH
744.20$
|
4 | ||
| - |
|
Azuki Elemental Beans
|
0.17 ETH
394.37$
|
5.5% | 28.9% | 28.9% |
|
2,124,469$
915.79 ETH
|
0.32 ETH
742.09$
|
2 | ||
| - |
|
Yokai Avengers
|
0.003 BTC
250.15$
|
37.1% | 26.1% | 15.4% |
|
168,098$
2.21 BTC
|
0.010 BTC
722.31$
|
4 | ||
| - |
|
alignDRAW
|
0.50 ETH
1,157.47$
|
27.3% | 10.9% | 0.0% |
|
3,135,600$
1,352 ETH
|
0.30 ETH
698.27$
|
1 | ||
| - |
|
D1srupt0r
|
0.48 SOL
41.25$
|
44.3% | 176.0% | 506.1% |
|
137,471$
1,605 SOL
|
8.14 SOL
697.48$
|
23 | ||
| - |
|
Wilder PALs: GEN
|
0.074 ETH
170.76$
|
0.0% | 40.0% | 24.8% |
|
631,136$
272.06 ETH
|
0.30 ETH
695.02$
|
4 | ||
| - |
|
OnChainMonkey (OCM) Genesis
|
0.012 BTC
910.87$
|
0.0% | 4.2% | 4.3% |
|
9,108,681$
119.80 BTC
|
0.009 BTC
691.89$
|
1 | ||
| - |
|
OCM Genesis by OnChainMonkey®
|
0.012 BTC
910.87$
|
0.0% | 4.2% | 4.3% |
|
9,108,681$
119.80 BTC
|
0.009 BTC
691.89$
|
1 | ||
| - |
|
Frenly Pandas
|
0.009 ETH
22.03$
|
31.9% | 102.1% | 104.4% |
|
217,472$
93.75 ETH
|
0.29 ETH
682.64$
|
39 | ||
| - |
|
Lil Chillers
|
0.62 SOL
53.34$
|
9.0% | 0.7% | 105.5% |
|
177,904$
2,077 SOL
|
7.81 SOL
668.50$
|
6 | ||
| - |
|
Polychain Monsters | BNB Chain
|
50.00 BNB
31,564$
|
0.0% | 7042.9% | 111011.1% |
|
16,175,557,864$
25,623,750 BNB
|
1.05 BNB
665.08$
|
10 | ||
| - |
|
Hashmasks
|
0.067 ETH
154.48$
|
0.0% | 32.9% | 12.5% |
|
2,529,096$
1,090 ETH
|
0.28 ETH
649.48$
|
4 | ||
| - |
|
Bored Ape Solana Club
|
1.85 SOL
158.47$
|
13.3% | 26.1% | 2.9% |
|
950,349$
11,096 SOL
|
7.54 SOL
645.56$
|
5 | ||
| - |
|
Lazy Lions
|
0.055 ETH
127.59$
|
5.8% | 6.1% | 13.9% |
|
1,286,086$
554.39 ETH
|
0.28 ETH
641.20$
|
5 | ||
| - |
|
Zecrey Chameleon Avatar
|
0.50 BNB
315.64$
|
4.4% | 14.2% | 823.5% |
|
1,481,596$
2,347 BNB
|
1.01 BNB
640.14$
|
3 | ||
| - |
|
Tomorrowland: The Reflection of Love
|
8.01 SOL
685.71$
|
6.1% | 6.1% | 1.1% |
|
4,452,335$
51,983 SOL
|
7.40 SOL
633.81$
|
1 | ||
| - |
|
Pudgy Rods
|
0.15 ETH
337.52$
|
3.2% | 6.3% | 0.2% |
|
2,495,937$
1,076 ETH
|
0.27 ETH
630.99$
|
2 | ||
| - |
|
Final Bosu
|
0.035 ETH
80.03$
|
4.2% | 12.9% | 19.6% |
|
711,341$
306.64 ETH
|
0.27 ETH
624.65$
|
7 | ||
| - |
|
Doge Friends
|
0.39 BNB
249.06$
|
0.0% | 0.0% | 0.0% |
|
74,718$
118.36 BNB
|
0.97 BNB
612.81$
|
- | ||
| - |
|
Pizza Ninjas
|
0.009 BTC
663.00$
|
0.0% | 0.9% | 17.7% |
|
994,504$
13.08 BTC
|
0.008 BTC
610.54$
|
1 | ||
| - |
|
THE SHIBOSHIS
|
0.042 ETH
96.50$
|
11.1% | 19.2% | 48.4% |
|
964,949$
415.96 ETH
|
0.26 ETH
608.18$
|
6 | ||
| - |
|
Taiyo Robotics
|
7.67 SOL
657.28$
|
2.4% | 2.4% | 21.1% |
|
1,543,299$
18,019 SOL
|
7.11 SOL
608.54$
|
1 | ||
| - |
|
BTC Machines
|
0.009 BTC
665.28$
|
1.7% | 7.4% | 9.4% |
|
516,925$
6.80 BTC
|
0.008 BTC
608.26$
|
1 | ||
| - |
|
cryptokhat
|
0.30 ETH
703.20$
|
0.6% | 4.0% | 12.4% |
|
7,032,043$
3,031 ETH
|
0.26 ETH
599.88$
|
1 | ||
| - |
|
Kanpai Pandas
|
0.057 ETH
131.97$
|
0.0% | 3.1% | 16.3% |
|
1,164,808$
502.11 ETH
|
0.25 ETH
579.96$
|
1 | ||
| - |
|
Voxels (formerly Cryptovoxels)
|
0.040 ETH
91.86$
|
0.0% | 28.6% | 17.5% |
|
732,953$
315.95 ETH
|
0.24 ETH
555.82$
|
3 | ||
| - |
|
Soul Gate: Hero Cartridges
|
0.24 SOL
20.13$
|
27.3% | 28.5% | 25.3% |
|
40,249$
469.92 SOL
|
6.35 SOL
544.11$
|
28 | ||
| - |
|
ThorGuards
|
0.045 ETH
104.39$
|
0.0% | 82.3% | 9.6% |
|
1,042,980$
449.59 ETH
|
0.23 ETH
534.02$
|
9 | ||
| - |
|
CyberKongz (Babies)
|
0.24 ETH
545.16$
|
4.2% | 2.2% | 2.0% |
|
2,180,632$
940.00 ETH
|
0.23 ETH
533.32$
|
1 | ||
| - |
|
Motocat Racing Club
|
0.008 BTC
590.70$
|
0.0% | 20.7% | 33.9% |
|
0円
0 BTC
|
0.007 BTC
532.23$
|
1 | ||
| - |
|
Smyths
|
1.41 SOL
120.39$
|
11.8% | 2.2% | 13.7% |
|
534,991$
6,246 SOL
|
6.20 SOL
531.45$
|
5 | ||
| - |
|
DeadFellaz
|
0.062 ETH
144.98$
|
0.0% | 1.5% | 17.2% |
|
1,449,796$
624.96 ETH
|
0.23 ETH
528.92$
|
4 | ||
| - |
|
Common Wealth Genesis NFT Series 2
|
0.23 ETH
533.33$
|
0.0% | 34.3% | 8.9% |
|
1,765,312$
760.97 ETH
|
0.22 ETH
498.76$
|
1 | ||
| - |
|
MetaWinners
|
0.21 ETH
487.16$
|
1.4% | 18.3% | 2.7% |
|
4,871,618$
2,100 ETH
|
0.21 ETH
494.12$
|
1 | ||
| - |
|
DeepBlack
|
0.16 ETH
378.13$
|
17.8% | 17.8% | 25.9% |
|
1,162,374$
501.06 ETH
|
0.21 ETH
487.16$
|
1 | ||
| - |
|
Moki Genesis
|
1,495 RON
150.98$
|
1.5% | 19.6% | 19.6% |
|
1,341,901$
13,287,560 RON
|
4,864 RON
491.21$
|
4 | ||
| - |
|
BEANZ Official
|
0.042 ETH
97.51$
|
4.7% | 2.5% | 1.3% |
|
1,945,265$
838.54 ETH
|
0.21 ETH
482.06$
|
5 | ||
| - |
|
The Potatoz
|
0.099 ETH
229.66$
|
0.0% | 2.9% | 5.7% |
|
2,296,370$
989.89 ETH
|
0.20 ETH
456.08$
|
2 | ||
| - |
|
<Player2>
|
0.25 SOL
21.35$
|
1.7% | 7.7% | 27.0% |
|
166,728$
1,947 SOL
|
5.32 SOL
455.78$
|
6 | ||
| - |
|
Prometheus by XBorg
|
0.12 ETH
278.38$
|
21.2% | 8.6% | 52.0% |
|
309,279$
133.32 ETH
|
0.19 ETH
449.81$
|
2 | ||
| - |
|
Natcats
|
0.003 BTC
215.93$
|
0.0% | 5.0% | 9.8% |
|
1,741,276$
22.90 BTC
|
0.006 BTC
447.82$
|
2 | ||
| - |
|
LuckySea.gg
|
0.44 SOL
38.03$
|
1.5% | 1.2% | 21.6% |
|
78,841$
920.50 SOL
|
5.17 SOL
442.77$
|
12 | ||
| - |
|
ShonenSOL
|
0.086 SOL
7.40$
|
7.5% | 36.7% | 36.7% |
|
15,030.49$
175.49 SOL
|
5.17 SOL
442.55$
|
23 | ||
| - |
|
SOLS SPL20
|
0.093 SOL
7.92$
|
4.5% | 34.2% | 29.6% |
|
166,355$
1,942 SOL
|
5.14 SOL
440.29$
|
52 | ||
| - |
|
Porcus Guard
|
0.29 SOL
24.94$
|
0.0% | 0.0% | 0.0% |
|
35,887$
419.00 SOL
|
5.00 SOL
428.25$
|
25 | ||
| - |
|
ALTS by adidas
|
0.010 ETH
23.87$
|
0.0% | 23.3% | 0.0% |
|
478,995$
206.48 ETH
|
0.18 ETH
415.25$
|
2 | ||
| - |
|
CENTS
|
0.005 BTC
391.57$
|
0.0% | 0.8% | 10.8% |
|
3,916,060$
51.51 BTC
|
0.005 BTC
402.97$
|
1 | ||
| - |
|
Gamba Dogs
|
4.69 SOL
401.41$
|
28.2% | 5.2% | 24.2% |
|
802,816$
9,373 SOL
|
4.50 SOL
385.77$
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1 | ||
| - |
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Cursed Bitcoin Punks
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0.0005 BTC
35.66$
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0.0% | 100.4% | 4.2% |
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356,592$
4.69 BTC
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0.005 BTC
380.16$
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14 | ||
| - |
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Wealthy Hypio Babies
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0.094 ETH
217.02$
|
10.1% | 28.4% | 32.2% |
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1,205,551$
519.67 ETH
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0.16 ETH
376.14$
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2 | ||
| - |
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Pop Art Cats by Matt Chessco
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0.041 ETH
94.88$
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0.0% | 0.0% | 0.0% |
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948,807$
409.00 ETH
|
0.16 ETH
371.14$
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5 | ||
| - |
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GMX Blueberry Club
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0.13 ETH
310.62$
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2.3% | 0.0% | 0.0% |
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3,106,241$
1,339 ETH
|
0.16 ETH
363.98$
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1 | ||
| - |
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Gib Meme Gigapack Memecards
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0.033 SOL
2.80$
|
16.7% | 3.4% | 0.3% |
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163,221$
1,906 SOL
|
4.08 SOL
349.42$
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95 | ||
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GODL GANG
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0.78 SOL
67.15$
|
22.2% | 26.1% | 1.4% |
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22,361$
261.07 SOL
|
4.05 SOL
346.71$
|
7 | ||
| - |
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SuperFarm Genesis Series
|
0.005 ETH
12.32$
|
0.6% | 1.5% | 15.0% |
|
88,236$
38.04 ETH
|
0.14 ETH
335.21$
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4 | ||
| - |
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Skellie
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0.030 ETH
69.36$
|
50.3% | 57.5% | 70.9% |
|
173,407$
74.75 ETH
|
0.14 ETH
328.72$
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- | ||
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CyberKongz VX (Ronin)
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788.00 RON
79.58$
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0.0% | 0.0% | 11.3% |
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563,423$
5,579,040 RON
|
3,330 RON
336.29$
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10 | ||
| - |
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The Senses x Reddit Collectible Avatars
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0.024 ETH
56.71$
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0.0% | 15.3% | 45.7% |
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73,836$
31.83 ETH
|
0.14 ETH
318.96$
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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 NFTデータAPI.
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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