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 |
|
based punks
|
0.053 ETH
110.96$
|
5.2% | 117.6% | 168.1% |
|
554,819$
262.75 ETH
|
0.65 ETH
1,365.57$
|
13 | ||
| 102 |
|
Golfn Season 1 Cards
|
0.86 SOL
73.52$
|
0.0% | 0.0% | 0.0% |
|
550,130$
6,411 SOL
|
20.00 SOL
1,716.09$
|
3 | ||
| 103 |
|
MidEvil
|
1.09 SOL
93.77$
|
1.1% | 37.3% | 6.1% |
|
468,835$
5,464 SOL
|
24.09 SOL
2,067.09$
|
17 | ||
| 104 |
|
Creepz Loomi Vault
|
0.043 ETH
90.38$
|
0.0% | 0.0% | 0.0% |
|
451,879$
214.00 ETH
|
1.10 ETH
2,328.02$
|
- | ||
| 105 |
|
Probably Nothing Genesis
|
0.028 ETH
58.70$
|
40.4% | 297.1% | 334.4% |
|
450,479$
213.34 ETH
|
3.64 ETH
7,682.15$
|
99 | ||
| 106 |
|
Radbro Webring V2
|
0.035 ETH
73.48$
|
63.1% | 0.0% | 19.1% |
|
367,403$
173.99 ETH
|
0.53 ETH
1,126.60$
|
21 | ||
| 107 |
|
Whal3s
|
7.91 SOL
678.28$
|
9.9% | 6.7% | 31.8% |
|
339,142$
3,953 SOL
|
14.10 SOL
1,210.18$
|
2 | ||
| 108 |
|
CryptoCubes
|
0.60 ETH
1,266.95$
|
50.3% | 50.3% | 50.3% |
|
321,805$
152.40 ETH
|
0.50 ETH
1,055.79$
|
1 | ||
| 109 |
|
Ship
|
0.050 ETH
105.37$
|
2.2% | 18.8% | 28.3% |
|
321,162$
152.10 ETH
|
0.60 ETH
1,277.09$
|
- | ||
| 110 |
|
OZMO
|
23.41 SOL
2,008.51$
|
0.0% | 0.0% | 0.0% |
|
110,468$
1,287 SOL
|
21.00 SOL
1,801.81$
|
1 | ||
| 111 |
|
DeezNode
|
431.21 SOL
37,000$
|
0.0% | 0.0% | 0.0% |
|
73,999$
862.41 SOL
|
345.00 SOL
29,603$
|
1 | ||
| 112 |
|
Based Ape Gang
|
0.015 ETH
31.15$
|
22.7% | 18.0% | 22.8% |
|
69,215$
32.78 ETH
|
0.51 ETH
1,081.95$
|
37 | ||
| 113 |
|
Drifella III
|
0.59 SOL
50.50$
|
0.0% | 0.0% | 0.0% |
|
67,311$
784.47 SOL
|
85.41 SOL
7,328.36$
|
111 | ||
| 114 |
|
Trench Warriors
|
0.15 SOL
12.95$
|
0.0% | 7.3% | 7.3% |
|
54,862$
639.39 SOL
|
12.29 SOL
1,054.93$
|
58 | ||
| 115 |
|
Liminals
|
0.069 SOL
5.93$
|
69.7% | 10.9% | 10.9% |
|
19,748.50$
230.16 SOL
|
42.54 SOL
3,649.88$
|
486 | ||
| 116 |
|
The Magus Official
|
0.004 ETH
8.43$
|
0.0% | 0.0% | 0.0% |
|
7,169.86$
3.40 ETH
|
0.83 ETH
1,743.98$
|
- | ||
| 117 |
|
Trump Bitcoin Digital Trading Cards
|
0.075 BTC
5,786.73$
|
0.0% | 0.0% | 0.0% |
|
5,786.73$
0.075 BTC
|
0.031 BTC
2,391.85$
|
1 | ||
| 118 |
|
Bonk Puppets
|
0.023 SOL
1.98$
|
0.0% | 0.0% | 0.0% |
|
4,354.64$
50.75 SOL
|
55.92 SOL
4,797.88$
|
2,241 | ||
| - |
|
CryptoPunks V1 (wrapped)
|
3.60 ETH
7,601.70$
|
18.1% | 100.0% | 108.1% |
|
39,148,766$
18,540 ETH
|
43.66 ETH
92,183$
|
9 | ||
| - |
|
ENS: Ethereum Name Service
|
0.0000 ETH
0.03589693$
|
0.0% | 5.0% | 9.6% |
|
147,277$
69.75 ETH
|
2.17 ETH
4,580.31$
|
12 | ||
| - |
|
Otherside Koda
|
0.73 ETH
1,541.25$
|
0.0% | 0.0% | 0.0% |
|
12,804,664$
6,064 ETH
|
1.97 ETH
4,159.82$
|
2 | ||
| - |
|
The Memes by 6529
|
0.017 ETH
35.90$
|
0.1% | 0.2% | 9.0% |
|
7,434,756$
3,521 ETH
|
1.46 ETH
3,086.24$
|
31 | ||
| - |
|
BTC DeGods
|
0.017 BTC
1,273.08$
|
0.0% | 33.7% | 17.5% |
|
681,098$
8.83 BTC
|
0.012 BTC
937.45$
|
1 | ||
| - |
|
GLHF
|
0.11 ETH
236.57$
|
0.0% | 22.2% | 12.1% |
|
839,118$
397.39 ETH
|
0.44 ETH
927.24$
|
4 | ||
| - |
|
Beard Pals
|
11.33 SOL
972.16$
|
10.0% | 10.0% | 10.0% |
|
3,240,226$
37,763 SOL
|
10.00 SOL
858.04$
|
1 | ||
| - |
|
Heavy Liquid Graphic
|
0.66 SOL
56.92$
|
1.6% | 1.6% | 1.6% |
|
56,866$
662.74 SOL
|
9.91 SOL
849.92$
|
13 | ||
| - |
|
Lazy Ape Yacht Club
|
0.029 ETH
62.08$
|
0.0% | 0.0% | 37.2% |
|
620,848$
294.02 ETH
|
0.39 ETH
813.33$
|
9 | ||
| - |
|
SMB Gen3
|
2.56 SOL
219.34$
|
2.9% | 4.8% | 11.9% |
|
1,823,998$
21,258 SOL
|
9.36 SOL
803.45$
|
4 | ||
| - |
|
Famous Fox Federation
|
4.96 SOL
425.29$
|
0.2% | 2.6% | 9.1% |
|
4,252,888$
49,565 SOL
|
8.95 SOL
767.95$
|
1 | ||
| - |
|
IO: Imaginary Ones
|
0.085 ETH
179.48$
|
0.0% | 11.2% | 24.5% |
|
1,595,222$
755.46 ETH
|
0.36 ETH
765.66$
|
6 | ||
| - |
|
Paradise
|
20.87 SOL
1,790.31$
|
0.0% | 125.2% | 84.0% |
|
15,912,281$
185,448 SOL
|
8.66 SOL
743.07$
|
1 | ||
| - |
|
Gemesis
|
0.010 ETH
20.78$
|
2.3% | 10.5% | 8.0% |
|
1,969,418$
932.67 ETH
|
0.35 ETH
738.22$
|
37 | ||
| - |
|
Lil' Bangers
|
0.019 ETH
40.12$
|
9.8% | 9.3% | 12.5% |
|
222,867$
105.55 ETH
|
0.35 ETH
734.50$
|
19 | ||
| - |
|
Yokai Avengers
|
0.003 BTC
253.84$
|
37.1% | 26.1% | 15.4% |
|
170,583$
2.21 BTC
|
0.010 BTC
732.99$
|
4 | ||
| - |
|
y00ts (Solana)
|
1.07 SOL
91.51$
|
0.7% | 2.4% | 6.5% |
|
728,070$
8,485 SOL
|
8.52 SOL
731.13$
|
8 | ||
| - |
|
Taiji Labs Genesis Keys
|
0.15 ETH
309.98$
|
22.3% | 0.7% | 18.0% |
|
123,992$
58.72 ETH
|
0.34 ETH
713.72$
|
3 | ||
| - |
|
OnChainMonkey (OCM) Genesis
|
0.012 BTC
924.33$
|
0.0% | 4.2% | 4.3% |
|
9,243,331$
119.80 BTC
|
0.009 BTC
702.12$
|
1 | ||
| - |
|
Based OnChain Dinos
|
0.008 ETH
16.98$
|
47.5% | 15.9% | 34.0% |
|
33,954$
16.08 ETH
|
0.33 ETH
707.13$
|
55 | ||
| - |
|
Nyan Cat (Official)
|
0.33 ETH
703.16$
|
0.0% | 0.0% | 11.2% |
|
1,058,252$
501.17 ETH
|
0.33 ETH
703.14$
|
1 | ||
| - |
|
Taiyo Robotics
|
8.92 SOL
765.79$
|
2.9% | 17.1% | 19.8% |
|
1,798,084$
20,956 SOL
|
8.21 SOL
704.28$
|
1 | ||
| - |
|
OCM Genesis by OnChainMonkey®
|
0.012 BTC
924.33$
|
0.0% | 4.2% | 4.3% |
|
9,243,331$
119.80 BTC
|
0.009 BTC
702.12$
|
1 | ||
| - |
|
THE SHIBOSHIS
|
0.034 ETH
72.20$
|
3.1% | 6.9% | 8.7% |
|
721,878$
341.87 ETH
|
0.32 ETH
685.87$
|
9 | ||
| - |
|
Polychain Monsters | BNB Chain
|
50.00 BNB
32,400$
|
0.0% | 7042.9% | 111011.1% |
|
16,604,177,443$
25,623,750 BNB
|
1.05 BNB
682.70$
|
10 | ||
| - |
|
Proof of Narnian NFT
|
0.11 ETH
242.83$
|
3.8% | 9.5% | 14.1% |
|
809,338$
383.29 ETH
|
0.31 ETH
663.81$
|
3 | ||
| - |
|
SHIB YARD
|
0.006 ETH
12.76$
|
0.0% | 0.0% | 31.3% |
|
270,428$
128.07 ETH
|
0.31 ETH
660.93$
|
3 | ||
| - |
|
Zecrey Chameleon Avatar
|
0.50 BNB
324.00$
|
4.4% | 14.2% | 823.5% |
|
1,520,855$
2,347 BNB
|
1.01 BNB
657.11$
|
3 | ||
| - |
|
CryptoPhunks
|
0.065 ETH
137.24$
|
0.0% | 0.0% | 99.7% |
|
1,368,739$
648.21 ETH
|
0.31 ETH
656.70$
|
3 | ||
| - |
|
alignDRAW
|
0.50 ETH
1,055.79$
|
0.0% | 0.0% | 0.2% |
|
2,860,140$
1,355 ETH
|
0.31 ETH
654.59$
|
1 | ||
| - |
|
Solarians
|
1.86 SOL
159.28$
|
0.7% | 10.1% | 3.1% |
|
1,576,541$
18,374 SOL
|
7.41 SOL
635.45$
|
5 | ||
| - |
|
Murakami.Flowers Official
|
0.18 ETH
372.92$
|
9.1% | 9.4% | 3.5% |
|
3,801,543$
1,800 ETH
|
0.30 ETH
633.48$
|
2 | ||
| - |
|
Mutants On Sol Crew
|
0.29 SOL
24.58$
|
0.0% | 16.1% | 41.3% |
|
86,024$
1,003 SOL
|
7.37 SOL
632.73$
|
9 | ||
| - |
|
Doge Friends
|
0.39 BNB
255.66$
|
0.0% | 0.0% | 0.0% |
|
76,698$
118.36 BNB
|
0.97 BNB
629.05$
|
- | ||
| - |
|
Pizza Ninjas
|
0.009 BTC
672.80$
|
0.0% | 0.9% | 17.7% |
|
1,009,205$
13.08 BTC
|
0.008 BTC
619.57$
|
1 | ||
| - |
|
BTC Machines
|
0.009 BTC
675.12$
|
1.7% | 7.4% | 9.4% |
|
524,567$
6.80 BTC
|
0.008 BTC
617.25$
|
1 | ||
| - |
|
Phanta Bear
|
0.027 ETH
56.82$
|
36.6% | 40.2% | 57.4% |
|
568,227$
269.10 ETH
|
0.29 ETH
610.12$
|
12 | ||
| - |
|
God Hates NFTees
|
0.064 ETH
134.09$
|
0.0% | 9.4% | 36.9% |
|
673,378$
318.90 ETH
|
0.29 ETH
609.82$
|
5 | ||
| - |
|
Collector Crypt
|
0.13 SOL
11.20$
|
0.0% | 5.8% | 2.7% |
|
797,760$
9,297 SOL
|
7.05 SOL
605.05$
|
15 | ||
| - |
|
Loud Lords
|
0.16 SOL
14.05$
|
27.0% | 36.1% | 38.7% |
|
14,335.00$
167.07 SOL
|
6.60 SOL
566.27$
|
16 | ||
| - |
|
Kaiju Kingz
|
0.014 ETH
29.55$
|
0.0% | 0.0% | 1.4% |
|
295,440$
139.91 ETH
|
0.26 ETH
554.29$
|
11 | ||
| - |
|
Moki Genesis
|
1,235 RON
124.39$
|
16.5% | 19.4% | 4.6% |
|
1,105,560$
10,976,680 RON
|
5,499 RON
553.83$
|
6 | ||
| - |
|
Soul Gate: Hero Cartridges
|
0.24 SOL
20.17$
|
27.3% | 28.5% | 25.3% |
|
40,321$
469.92 SOL
|
6.35 SOL
545.09$
|
28 | ||
| - |
|
Motocat Racing Club
|
0.008 BTC
599.43$
|
0.0% | 20.7% | 33.9% |
|
0円
0 BTC
|
0.007 BTC
540.09$
|
1 | ||
| - |
|
Wolf Game - Genesis Land
|
0.011 ETH
24.27$
|
0.0% | 0.0% | 10.9% |
|
484,798$
229.59 ETH
|
0.25 ETH
534.91$
|
2 | ||
| - |
|
BoDoggos
|
0.98 SOL
84.28$
|
8.4% | 1.1% | 9.7% |
|
732,991$
8,543 SOL
|
6.19 SOL
531.45$
|
7 | ||
| - |
|
Star Atlas Crew
|
0.011 SOL
0.963104$
|
6.3% | 18.8% | 22.2% |
|
1,408,819$
16,419 SOL
|
6.14 SOL
526.61$
|
639 | ||
| - |
|
REDACTED Schizo Yuppies
|
0.32 SOL
27.54$
|
207.3% | 100.1% | 95.3% |
|
48,917$
570.10 SOL
|
6.00 SOL
514.41$
|
28 | ||
| - |
|
Land
|
0.011 ETH
24.27$
|
0.0% | 0.0% | 10.9% |
|
484,798$
229.59 ETH
|
0.24 ETH
511.69$
|
1 | ||
| - |
|
Apu Apustajas
|
0.12 ETH
253.39$
|
0.0% | 46.4% | 500.0% |
|
1,970,615$
933.24 ETH
|
0.24 ETH
508.07$
|
3 | ||
| - |
|
Bulls and Apes Project - Genesis
|
0.059 ETH
124.18$
|
3.2% | 3.2% | 89.7% |
|
1,304,038$
617.56 ETH
|
0.23 ETH
495.06$
|
6 | ||
| - |
|
The Sandbox ASSETS
|
0.0001 ETH
0.126695$
|
0.0% | 0.0% | 0.0% |
|
872,047$
412.98 ETH
|
0.23 ETH
483.55$
|
1 | ||
| - |
|
Retardio Cousins
|
1.99 SOL
170.95$
|
0.3% | 5.4% | 80.6% |
|
759,709$
8,854 SOL
|
5.60 SOL
480.67$
|
2 | ||
| - |
|
Degen Fat Cats
|
0.028 SOL
2.43$
|
0.0% | 0.0% | 14.4% |
|
48,581$
566.19 SOL
|
5.56 SOL
477.25$
|
43 | ||
| - |
|
Smyths
|
1.33 SOL
114.12$
|
0.0% | 8.8% | 12.3% |
|
507,149$
5,911 SOL
|
5.47 SOL
469.31$
|
4 | ||
| - |
|
DEVILS
|
0.47 SOL
40.71$
|
35.3% | 8.4% | 4.0% |
|
109,271$
1,273 SOL
|
5.42 SOL
465.08$
|
14 | ||
| - |
|
Natcats
|
0.003 BTC
219.12$
|
0.0% | 5.0% | 9.8% |
|
1,767,016$
22.90 BTC
|
0.006 BTC
454.44$
|
2 | ||
| - |
|
Zero Monke Biz
|
2.21 SOL
189.48$
|
9.2% | 4.3% | 92.3% |
|
607,101$
7,075 SOL
|
5.30 SOL
454.51$
|
2 | ||
| - |
|
Common Wealth Genesis NFT Series 2
|
0.23 ETH
485.45$
|
0.0% | 34.3% | 8.9% |
|
1,606,850$
760.97 ETH
|
0.22 ETH
453.99$
|
1 | ||
| - |
|
Kinfolks
|
0.33 SOL
28.03$
|
17.5% | 29.9% | 15.4% |
|
116,837$
1,362 SOL
|
5.23 SOL
448.76$
|
7 | ||
| - |
|
PFP GEN2
|
0.53 SOL
45.15$
|
8.4% | 47.1% | 1.1% |
|
451,023$
5,256 SOL
|
5.11 SOL
438.46$
|
6 | ||
| - |
|
Quack Heads
|
0.57 SOL
48.81$
|
4.4% | 21.2% | 47.3% |
|
97,570$
1,137 SOL
|
4.94 SOL
423.97$
|
9 | ||
| - |
|
CyberKongz (Babies)
|
0.23 ETH
483.55$
|
0.0% | 2.6% | 2.6% |
|
1,934,211$
916.00 ETH
|
0.20 ETH
424.43$
|
1 | ||
| - |
|
RTFKT Project Animus
|
0.025 ETH
52.79$
|
0.0% | 0.0% | 59.3% |
|
645,458$
305.68 ETH
|
0.20 ETH
421.78$
|
7 | ||
| - |
|
JITO CABAL
|
3.30 SOL
283.00$
|
0.1% | 1.6% | 3.1% |
|
192,439$
2,243 SOL
|
4.83 SOL
414.09$
|
2 | ||
| - |
|
Visions of the Void
|
0.008 ETH
15.84$
|
0.0% | 8.9% | 134.4% |
|
70,379$
33.33 ETH
|
0.20 ETH
413.45$
|
10 | ||
| - |
|
CENTS
|
0.005 BTC
397.36$
|
0.0% | 0.8% | 10.8% |
|
3,973,949$
51.51 BTC
|
0.005 BTC
408.93$
|
1 | ||
| - |
|
The Doge Pound
|
0.054 ETH
114.03$
|
29.4% | 10.0% | 78.5% |
|
1,140,027$
539.89 ETH
|
0.19 ETH
408.56$
|
7 | ||
| - |
|
GODL GANG
|
1.66 SOL
142.22$
|
31.0% | 13.6% | 111.4% |
|
47,359$
551.94 SOL
|
4.67 SOL
400.68$
|
4 | ||
| - |
|
Chain Runners
|
0.040 ETH
84.46$
|
33.3% | 33.3% | 34.7% |
|
844,549$
399.96 ETH
|
0.19 ETH
397.93$
|
7 | ||
| - |
|
BASTARD GAN PUNKS V2
|
0.043 ETH
90.86$
|
13.2% | 6.2% | 3.1% |
|
1,026,371$
486.07 ETH
|
0.18 ETH
386.63$
|
3 | ||
| - |
|
Cursed Bitcoin Punks
|
0.0005 BTC
36.19$
|
0.0% | 100.4% | 4.2% |
|
361,863$
4.69 BTC
|
0.005 BTC
385.78$
|
14 | ||
| - |
|
Ninja Squad Official
|
0.028 ETH
58.49$
|
14.8% | 8.9% | 8.0% |
|
519,808$
246.17 ETH
|
0.18 ETH
381.35$
|
7 | ||
| - |
|
Kups by Raposa
|
0.72 SOL
61.51$
|
4.3% | 24.8% | 241.8% |
|
600,000$
6,993 SOL
|
4.34 SOL
372.71$
|
5 | ||
| - |
|
Wealthy Hypio Babies
|
15.66 HYPE
905.57$
|
11.9% | 44.5% | 42.4% |
|
4,889,193$
84,548 HYPE
|
6.40 HYPE
369.83$
|
28 | ||
| - |
|
The Plague NFT
|
0.037 ETH
78.58$
|
0.0% | 3.1% | 70.2% |
|
842,782$
399.12 ETH
|
0.17 ETH
367.69$
|
6 | ||
| - |
|
BASC Collection
|
0.45 SOL
38.31$
|
2.4% | 8.0% | 22.3% |
|
379,890$
4,427 SOL
|
4.28 SOL
367.52$
|
8 | ||
| - |
|
CyberKongz VX
|
0.025 ETH
51.80$
|
0.0% | 11.5% | 22.7% |
|
769,395$
364.37 ETH
|
0.17 ETH
348.41$
|
3 | ||
| - |
|
Alpha Gardeners
|
4.33 SOL
371.45$
|
9.5% | 17.8% | 19.8% |
|
183,495$
2,139 SOL
|
4.00 SOL
343.22$
|
1 | ||
| - |
|
Trump Digital Trading Cards Series 2
|
0.005 ETH
10.97$
|
3.4% | 8.5% | 20.8% |
|
515,784$
244.26 ETH
|
0.16 ETH
340.90$
|
8 | ||
| - |
|
Hape Prime
|
0.038 ETH
81.17$
|
20.2% | 16.7% | 1.4% |
|
664,937$
314.90 ETH
|
0.16 ETH
335.60$
|
5 | ||
| - |
|
GMX Blueberry Club
|
0.13 ETH
282.74$
|
2.3% | 0.0% | 0.0% |
|
2,827,411$
1,339 ETH
|
0.16 ETH
331.31$
|
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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