시가총액 기준 상위 NFT 컬렉션 시세
# | NFT | 최저 가격 | 24시간% | 최근 7일 | 시가총액 | 24시간 거래량 | 24시간 거래량 | 24시간 소유자 | |||
---|---|---|---|---|---|---|---|---|---|---|---|
1 |
CryptoPunks
Ethereum
|
매수
|
44.23 ETH
160,587$
|
0.5% |
1,604,910,009$
442,035 ETH
|
939.24 ETH
3,410,130$
|
20 | 0.1% | |||
2 |
Bored Ape Yacht Club
Ethereum
|
매수
|
19.39 ETH
70,400$
|
15.7% |
703,858,472$
193,861 ETH
|
721.30 ETH
2,618,832$
|
33 | 0.0% | |||
3 |
Pudgy Penguins
Ethereum
|
매수
|
14.44 ETH
52,431$
|
0.8% |
466,007,541$
128,351 ETH
|
410.62 ETH
1,490,855$
|
29 | 0.0% | |||
4 |
Mutant Ape Yacht Club
Ethereum
|
매수
|
3.59 ETH
13,016.18$
|
2.6% |
254,219,020$
70,019 ETH
|
358.80 ETH
1,302,691$
|
99 | 0.0% | |||
5 |
Milady Maker
Ethereum
|
매수
|
6.38 ETH
23,164$
|
9.3% |
231,130,841$
63,660 ETH
|
306.95 ETH
1,114,472$
|
48 | 0.7% | |||
6 |
Chromie Squiggle by Snowfro
Ethereum
|
6.35 ETH
23,055$
|
17.6% |
230,505,482$
63,487 ETH
|
104.16 ETH
378,171$
|
15 | 0.1% | ||||
7 |
Azuki
Ethereum
|
매수
|
5.69 ETH
20,659$
|
0.9% |
206,588,750$
56,900 ETH
|
409.74 ETH
1,487,670$
|
75 | 0.0% | |||
8 |
Fidenza by Tyler Hobbs
Ethereum
|
55.55 ETH
201,687$
|
11.1% |
201,485,572$
55,494 ETH
|
50.00 ETH
181,537$
|
1 | 0.6% | ||||
9 |
Autoglyphs
Ethereum
|
99.50 ETH
361,258$
|
0.0% |
184,964,100$
50,944 ETH
|
0 ETH
0원
|
0 | 0.0% | ||||
10 |
Bitcoin Puppets
Bitcoin
|
0.17 BTC
16,222.21$
|
8.6% |
162,238,306$
1,689 BTC
|
6.22 BTC
597,011$
|
39 | 0.1% | ||||
11 |
NodeMonkes
Bitcoin
|
0.13 BTC
12,428.38$
|
2.6% |
124,283,813$
1,294 BTC
|
3.09 BTC
296,454$
|
24 | 0.1% | ||||
12 |
Lil Pudgys
Ethereum
|
1.51 ETH
5,473.33$
|
4.0% |
118,743,918$
32,705 ETH
|
185.56 ETH
673,723$
|
124 | 0.2% | ||||
13 |
Mad Lads
Solana
|
41.38 SOL
9,744.82$
|
7.5% |
97,116,850$
412,373 SOL
|
1,395 SOL
328,634$
|
34 | 0.2% | ||||
14 |
Doodles
Ethereum
|
매수
|
2.44 ETH
8,854.98$
|
2.4% |
88,532,048$
24,384 ETH
|
51.05 ETH
185,354$
|
20 | 0.2% | |||
15 |
The Sandbox LANDS
Ethereum
|
0.15 ETH
526.46$
|
7.4% |
87,398,079$
24,072 ETH
|
14.35 ETH
52,100$
|
96 | 0.0% | ||||
16 |
Captainz
Ethereum
|
2.36 ETH
8,561.06$
|
3.3% |
85,602,071$
23,577 ETH
|
21.95 ETH
79,695$
|
7 | 0.1% | ||||
17 |
Runestone
Bitcoin
|
0.007 BTC
691.53$
|
4.3% |
77,728,294$
809.28 BTC
|
1.82 BTC
174,371$
|
237 | 0.0% | ||||
18 |
Space Doodles
Ethereum
|
2.75 ETH
9,984.52$
|
0.0% |
70,241,083$
19,346 ETH
|
2.20 ETH
7,987.61$
|
1 | 0.1% | ||||
19 |
Ringers by Dmitri Cherniak
Ethereum
|
19.00 ETH
68,984$
|
2.7% |
68,983,941$
19,000 ETH
|
35.50 ETH
128,891$
|
2 | 0.0% | ||||
20 |
Ordinal Maxi Biz (OMB)
Bitcoin
|
0.13 BTC
12,908.61$
|
0.1% |
67,679,860$
704.66 BTC
|
0.81 BTC
78,142$
|
6 | 0.1% | ||||
21 |
Redacted Remilio Babies
Ethereum
|
1.75 ETH
6,353.78$
|
0.6% |
63,525,133$
17,497 ETH
|
58.91 ETH
213,870$
|
35 | 0.3% | ||||
22 |
Quantum Cats
Bitcoin
|
0.20 BTC
18,921.11$
|
4.8% |
63,064,051$
656.60 BTC
|
1.90 BTC
182,453$
|
10 | 0.2% | ||||
23 |
Neo Tokyo Citizen V2
Ethereum
|
7.40 ETH
26,867$
|
1.3% |
53,869,189$
14,837 ETH
|
6.10 ETH
22,147$
|
1 | 0.5% | ||||
24 |
Creepz by OVERLORD
Ethereum
|
1.33 ETH
4,828.87$
|
0.0% |
50,249,245$
13,840 ETH
|
1.12 ETH
4,067.15$
|
1 | 0.0% | ||||
25 |
Meebits
Ethereum
|
매수
|
0.68 ETH
2,454.70$
|
4.4% |
49,091,601$
13,521 ETH
|
11.61 ETH
42,137$
|
18 | 0.0% | |||
26 |
Mocaverse
Ethereum
|
1.40 ETH
5,082.99$
|
3.3% |
45,177,591$
12,443 ETH
|
15.97 ETH
57,976$
|
12 | 0.1% | ||||
27 |
Winds of Yawanawa by Yawanawa and Refik Anadol
Ethereum
|
12.00 ETH
43,569$
|
50.9% |
43,568,805$
12,000 ETH
|
389.58 ETH
1,414,461$
|
35 | 0.8% | ||||
28 |
Otherdeed for Otherside
Ethereum
|
매수
|
0.24 ETH
884.08$
|
13.5% |
41,747,315$
11,498 ETH
|
7.57 ETH
27,493$
|
31 | 0.1% | |||
29 |
Solana Monkey Business
Solana
|
매수
|
35.50 SOL
8,360.50$
|
2.9% |
41,743,995$
177,251 SOL
|
423.14 SOL
99,652$
|
10 | 0.3% | |||
30 |
Bitcoin Frogs
Bitcoin
|
0.040 BTC
3,827.44$
|
23.4% |
38,274,423$
398.50 BTC
|
0.62 BTC
59,652$
|
18 | 0.2% | ||||
31 |
Decentraland
Ethereum
|
0.10 ETH
380.86$
|
10.5% |
37,481,966$
10,324 ETH
|
13.09 ETH
47,519$
|
88 | 0.0% | ||||
32 |
Bored Ape Kennel Club
Ethereum
|
0.96 ETH
3,474.61$
|
8.9% |
33,363,226$
9,189 ETH
|
44.86 ETH
162,878$
|
48 | 0.0% | ||||
33 |
Otherdeed Expanded
Ethereum
|
0.16 ETH
580.92$
|
15.8% |
32,032,947$
8,823 ETH
|
17.26 ETH
62,656$
|
96 | 0.0% | ||||
34 |
Azuki Elementals
Ethereum
|
0.54 ETH
1,942.44$
|
0.6% |
31,838,576$
8,769 ETH
|
37.08 ETH
134,629$
|
72 | 0.2% | ||||
35 |
bitmap
Bitcoin
|
매수
|
0.0004 BTC
39.09$
|
3.0% |
31,026,342$
323.04 BTC
|
0.37 BTC
35,555$
|
813 | 0.1% | |||
36 |
The Potatoz
Ethereum
|
0.84 ETH
3,063.80$
|
1.8% |
30,634,919$
8,438 ETH
|
4.97 ETH
18,041.12$
|
6 | 0.0% | ||||
37 |
Terraforms by Mathcastles
Ethereum
|
매수
|
0.84 ETH
3,049.82$
|
12.0% |
30,226,730$
8,325 ETH
|
12.25 ETH
44,486$
|
14 | 0.0% | |||
38 |
Bit Bears by Berachain
Ethereum
|
3.47 ETH
12,590.62$
|
0.6% |
28,719,209$
7,910 ETH
|
15.89 ETH
57,689$
|
5 | 0.0% | ||||
39 |
alignDRAW
Ethereum
|
2.80 ETH
10,166.05$
|
12.0% |
27,539,842$
7,585 ETH
|
9.95 ETH
36,122$
|
4 | 0.4% | ||||
40 |
VeeFriends
Ethereum
|
0.74 ETH
2,686.01$
|
0.0% |
27,545,065$
7,587 ETH
|
19.34 ETH
70,218$
|
10 | 0.1% | ||||
41 |
Sproto Gremlins
Ethereum
|
2.10 ETH
7,623.78$
|
5.4% |
25,387,182$
6,992 ETH
|
14.27 ETH
51,811$
|
7 | 0.3% | ||||
42 |
DeGods
Ethereum
|
매수
|
0.73 ETH
2,650.44$
|
6.3% |
23,827,416$
6,563 ETH
|
17.76 ETH
64,486$
|
24 | 0.4% | |||
43 |
Band Bears
Ethereum
|
5.55 ETH
20,151$
|
0.0% |
23,414,965$
6,449 ETH
|
5.00 ETH
18,153.67$
|
1 | 0.0% | ||||
44 |
GGSG: Galactic Geckos
Solana
|
9.90 SOL
2,331.52$
|
0.0% |
23,315,214$
99,000 SOL
|
37.50 SOL
8,830.37$
|
4 | 0.0% | ||||
45 |
Honey Comb
Ethereum
|
0.38 ETH
1,368.79$
|
1.3% |
22,475,476$
6,190 ETH
|
7.10 ETH
25,793$
|
19 | 0.2% | ||||
46 |
DigiDaigaku
Ethereum
|
2.99 ETH
10,855.89$
|
6.8% |
21,950,617$
6,046 ETH
|
8.60 ETH
31,224$
|
3 | 0.2% | ||||
47 |
World of Women
Ethereum
|
0.60 ETH
2,178.43$
|
3.2% |
21,784,330$
6,000 ETH
|
3.63 ETH
13,172.29$
|
6 | 0.0% | ||||
48 |
Live Like A Cat
Ethereum
|
0.27 ETH
980.29$
|
29.6% |
21,784,104$
6,000 ETH
|
0.50 ETH
1,815.37$
|
1 | 0.1% | ||||
49 |
Clone X
Ethereum
|
0.31 ETH
1,107.37$
|
7.5% |
21,714,493$
5,981 ETH
|
326.82 ETH
1,186,598$
|
881 | 0.0% | ||||
50 |
Pirate Nation - Founder's Pirates
Ethereum
|
0.58 ETH
2,098.20$
|
1.6% |
20,979,912$
5,778 ETH
|
3.94 ETH
14,311.99$
|
7 | 0.3% | ||||
51 |
Claynosaurz
Solana
|
8.87 SOL
2,088.95$
|
0.0% |
20,889,490$
88,700 SOL
|
442.08 SOL
104,112$
|
39 | 0.1% | ||||
52 |
CyberKongz
Ethereum
|
5.75 ETH
20,877$
|
0.0% |
20,876,719$
5,750 ETH
|
7.75 ETH
28,138$
|
1 | 0.2% | ||||
53 |
Parallel Avatars
Ethereum
|
0.51 ETH
1,851.67$
|
5.6% |
20,370,268$
5,611 ETH
|
5.14 ETH
18,646.98$
|
10 | 0.4% | ||||
54 |
MAX PAIN AND FRENS BY XCOPY
Ethereum
|
0.80 ETH
2,904.59$
|
3.9% |
20,242,067$
5,575 ETH
|
7.59 ETH
27,560$
|
10 | 0.1% | ||||
55 |
Moonbirds
Ethereum
|
매수
|
0.55 ETH
1,992.18$
|
14.0% |
19,921,836$
5,487 ETH
|
17.85 ETH
64,823$
|
32 | 0.1% | |||
56 |
Nakamigos
Ethereum
|
0.27 ETH
994.82$
|
36.7% |
19,825,789$
5,461 ETH
|
69.81 ETH
253,448$
|
215 | 0.2% | ||||
57 |
mfers
Ethereum
|
0.54 ETH
1,978.71$
|
7.6% |
19,824,731$
5,460 ETH
|
11.25 ETH
40,860$
|
19 | 0.0% | ||||
58 |
Forgotten Runes Wizards Cult
Ethereum
|
0.58 ETH
2,105.83$
|
21.8% |
19,605,236$
5,400 ETH
|
12.39 ETH
44,991$
|
23 | 0.1% | ||||
59 |
DeFrogs
Ethereum
|
0.065 ETH
237.74$
|
31.0% |
19,413,529$
5,347 ETH
|
0.31 ETH
1,133.88$
|
6 | 0.7% | ||||
60 |
CrypToadz
Ethereum
|
0.75 ETH
2,723.05$
|
0.0% |
19,121,234$
5,266 ETH
|
5.44 ETH
19,750.32$
|
7 | 0.0% | ||||
61 |
BEANZ Official
Ethereum
|
0.26 ETH
942.90$
|
0.0% |
18,810,886$
5,181 ETH
|
6.37 ETH
23,124$
|
20 | 0.0% | ||||
62 |
Synclub's SnBNB Early Adopters
BNB Smart Chain
|
1.00 BNB
740.60$
|
0.0% |
18,784,655$
25,364 BNB
|
2.75 BNB
2,035.82$
|
38 | 0.1% | ||||
63 |
Retardio Cousins
Solana
|
17.66 SOL
4,158.52$
|
14.9% |
18,480,444$
78,471 SOL
|
949.37 SOL
223,583$
|
54 | 0.5% | ||||
64 |
Cool Cats
Ethereum
|
0.50 ETH
1,797.21$
|
17.5% |
17,914,621$
4,934 ETH
|
19.28 ETH
70,002$
|
37 | 0.0% | ||||
65 |
Kanpai Pandas
Ethereum
|
0.61 ETH
2,214.38$
|
5.2% |
17,735,006$
4,885 ETH
|
22.12 ETH
80,317$
|
35 | 0.3% | ||||
66 |
MoonCats - Acclimated
Ethereum
|
0.23 ETH
835.07$
|
4.2% |
16,834,913$
4,637 ETH
|
26.29 ETH
95,463$
|
29 | 0.1% | ||||
67 |
rektguy
Ethereum
|
0.52 ETH
1,903.23$
|
0.9% |
16,775,075$
4,620 ETH
|
1.94 ETH
7,056.62$
|
4 | 0.1% | ||||
68 |
Pudgy Rods
Ethereum
|
0.62 ETH
2,251.05$
|
5.1% |
16,646,551$
4,585 ETH
|
13.17 ETH
47,816$
|
21 | 0.7% | ||||
69 |
Bitcoin Wizards
Bitcoin
|
0.13 BTC
12,293.92$
|
0.7% |
16,449,262$
171.26 BTC
|
0.23 BTC
21,812$
|
2 | 0.0% | ||||
70 |
OnChainMonkey (OCM) Genesis
Bitcoin
|
0.017 BTC
1,629.52$
|
0.1% |
16,295,204$
169.66 BTC
|
0.090 BTC
8,668.95$
|
6 | 0.1% | ||||
71 |
Azuki Elemental Beans
Ethereum
|
0.83 ETH
3,006.24$
|
9.0% |
16,194,636$
4,460 ETH
|
7.99 ETH
29,020$
|
9 | 0.3% | ||||
72 |
Tensorians
Solana
|
7.74 SOL
1,822.83$
|
4.2% |
16,164,819$
68,638 SOL
|
457.16 SOL
107,665$
|
55 | 0.0% | ||||
73 |
Neo Tokyo Outer Citizen V2
Ethereum
|
1.20 ETH
4,356.88$
|
5.4% |
15,340,576$
4,225 ETH
|
5.06 ETH
18,356.99$
|
4 | 0.1% | ||||
74 |
FLUF World
Ethereum
|
0.42 ETH
1,524.91$
|
2.4% |
15,249,082$
4,200 ETH
|
1.97 ETH
7,157.26$
|
5 | 0.0% | ||||
75 |
Plutocats
Blast
|
1.80 ETH
6,535.32$
|
0.0% |
15,024,702$
4,138 ETH
|
1.28 ETH
4,647.34$
|
- | 1.3% | ||||
76 |
TOPIA Worlds
Ethereum
|
0.41 ETH
1,488.60$
|
5.4% |
14,884,520$
4,100 ETH
|
3.67 ETH
13,329.15$
|
7 | 0.2% | ||||
77 |
Sappy Seals
Ethereum
|
0.41 ETH
1,488.24$
|
3.6% |
14,877,913$
4,098 ETH
|
8.98 ETH
32,618$
|
21 | 0.2% | ||||
78 |
Azra Games - The Hopeful
Ethereum
|
0.73 ETH
2,650.44$
|
0.0% |
14,723,170$
4,055 ETH
|
0.68 ETH
2,468.90$
|
1 | 0.0% | ||||
79 |
DeGods (Solana)
Solana
|
11.62 SOL
2,735.45$
|
4.1% |
14,418,583$
61,224 SOL
|
661.75 SOL
155,846$
|
55 | 0.0% | ||||
80 |
Pizza Ninjas
Bitcoin
|
0.10 BTC
9,604.62$
|
3.8% |
14,406,935$
150.00 BTC
|
0.12 BTC
11,583.18$
|
1 | 0.3% | ||||
81 |
onchain gaias
Base
|
0.69 ETH
2,522.63$
|
24.1% |
14,015,753$
3,860 ETH
|
52.04 ETH
188,949$
|
71 | 0.3% | ||||
82 |
Fomo v1.38 Mages
Solana
|
164.00 SOL
38,623$
|
3.2% |
13,904,346$
59,040 SOL
|
86.00 SOL
20,254$
|
1 | 32.3% | ||||
83 |
Pixelmon
Ethereum
|
0.30 ETH
1,103.74$
|
9.0% |
13,869,590$
3,820 ETH
|
9.20 ETH
33,389$
|
32 | 0.2% | ||||
84 |
Bozo Benk: Gold Nuggets
Solana
|
5.89 SOL
1,386.43$
|
3.3% |
13,864,310$
58,870 SOL
|
5.80 SOL
1,365.94$
|
1 | 0.3% | ||||
85 |
O.P.I.U.M.
Bitcoin
|
0.19 BTC
17,768.55$
|
5.8% |
13,806,165$
143.75 BTC
|
0.18 BTC
17,288.32$
|
1 | 0.2% | ||||
86 |
Degen Fat Cats
Solana
|
2.84 SOL
668.11$
|
9.5% |
13,360,872$
56,732 SOL
|
35.45 SOL
8,349.16$
|
13 | 0.8% | ||||
87 |
Impostors Genesis Aliens
Ethereum
|
0.34 ETH
1,248.97$
|
1.7% |
13,014,255$
3,584 ETH
|
1.09 ETH
3,945.70$
|
3 | 0.0% | ||||
88 |
RSIC METAPROTOCOL
Bitcoin
|
0.006 BTC
605.09$
|
6.8% |
12,706,916$
132.30 BTC
|
0.079 BTC
7,562.30$
|
12 | 0.0% | ||||
89 |
Tomorrowland: A Letter from the Universe
Solana
|
8.12 SOL
1,912.32$
|
12.0% |
12,409,033$
52,691 SOL
|
38.29 SOL
9,017.22$
|
5 | 0.0% | ||||
90 |
Based Angels
Bitcoin
|
0.023 BTC
2,209.06$
|
1.4% |
12,271,347$
127.77 BTC
|
0.65 BTC
62,146$
|
28 | 0.0% | ||||
91 |
My Pet Hooligan
Ethereum
|
0.38 ETH
1,379.68$
|
2.0% |
12,262,585$
3,377 ETH
|
14.17 ETH
51,458$
|
34 | 0.1% | ||||
92 |
CryptoDickbutts
Ethereum
|
0.64 ETH
2,309.15$
|
11.8% |
12,002,944$
3,306 ETH
|
24.24 ETH
88,012$
|
38 | 0.4% | ||||
93 |
Opepen Edition
Ethereum
|
0.20 ETH
737.04$
|
1.0% |
11,792,623$
3,248 ETH
|
17.24 ETH
62,588$
|
64 | 0.0% | ||||
94 |
MyShell - MySoul
Ethereum
|
0.94 ETH
3,394.74$
|
6.4% |
11,314,655$
3,116 ETH
|
0.95 ETH
3,449.20$
|
1 | 0.0% | ||||
95 |
IO: Imaginary Ones
Ethereum
|
0.35 ETH
1,263.50$
|
0.6% |
11,229,947$
3,093 ETH
|
1.39 ETH
5,032.19$
|
4 | 0.0% | ||||
96 |
BASTARD GAN PUNKS V2
Ethereum
|
0.26 ETH
936.73$
|
53.2% |
10,581,294$
2,914 ETH
|
29.05 ETH
105,481$
|
120 | 0.8% | ||||
97 |
Lifinity Flares
Solana
|
4.61 SOL
1,085.69$
|
2.4% |
10,314,038$
43,795 SOL
|
13.99 SOL
3,295.86$
|
3 | 0.1% | ||||
98 |
Bitcoin Punks
Bitcoin
|
0.011 BTC
1,027.69$
|
23.0% |
10,276,947$
107.00 BTC
|
0.31 BTC
29,987$
|
28 | 0.1% | ||||
99 |
Wassies by Wassies
Ethereum
|
0.29 ETH
1,063.80$
|
9.8% |
10,259,300$
2,826 ETH
|
1.14 ETH
4,140.13$
|
4 | 0.1% | ||||
100 |
THE SHIBOSHIS
Ethereum
|
0.28 ETH
1,016.59$
|
27.3% |
10,164,929$
2,800 ETH
|
0.38 ETH
1,390.57$
|
2 | 0.0% |
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 데이터 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.