Didžiausios Ethereum NFT kolekcijos, reitinguojamos pagal 24 val. prekybos apimtį
# | NFT | Minimali kaina | 24h% | Pastarąsias 7d | Rinkos kapitalizacija | Apimtis per 24h | Pardavimai per 24h | 24 val. savininkai | |||
---|---|---|---|---|---|---|---|---|---|---|---|
1 |
Bored Ape Yacht Club
Ethereum
|
Pirkti
|
14,24 ETH
41 522 $
|
0.4% |
142 421 ETH
415 141 221 $
|
707,32 ETH
2 061 741 $
|
45 | 0.1% | |||
2 |
Pudgy Penguins
Ethereum
|
11,54 ETH
33 713 $
|
0.9% |
102 567 ETH
299 640 873 $
|
429,65 ETH
1 255 185 $
|
37 | 0.0% | ||||
3 |
Mutant Ape Yacht Club
Ethereum
|
Pirkti
|
2,54 ETH
7 415,45 $
|
1.8% |
49 590 ETH
144 549 426 $
|
269,78 ETH
786 379 $
|
105 | 0.0% | |||
4 |
DeGods
Ethereum
|
Pirkti
|
2,08 ETH
6 058,25 $
|
4.0% |
18 690 ETH
54 463 707 $
|
181,04 ETH
527 546 $
|
85 | 0.1% | |||
5 |
Azuki
Ethereum
|
Pirkti
|
4,88 ETH
14 224,61 $
|
1.8% |
48 800 ETH
142 246 111 $
|
141,21 ETH
411 610 $
|
27 | 0.1% | |||
6 |
Candy Collective: Genesis Collection
Ethereum
|
0,44 ETH
1 267,71 $
|
6.1% |
870,00 ETH
2 535 423 $
|
127,43 ETH
371 374 $
|
293 | 0.4% | ||||
7 |
Redacted Remilio Babies
Ethereum
|
1,54 ETH
4 496,04 $
|
4.2% |
15 387 ETH
44 951 411 $
|
104,19 ETH
304 368 $
|
69 | 0.0% | ||||
8 |
Lil Pudgys
Ethereum
|
0,93 ETH
2 705,01 $
|
1.0% |
20 099 ETH
58 585 064 $
|
96,18 ETH
280 366 $
|
101 | 0.1% | ||||
9 |
CryptoPunks
Ethereum
|
Pirkti
|
38,98 ETH
113 599 $
|
0.4% |
389 566 ETH
1 135 304 341 $
|
80,81 ETH
235 503 $
|
2 | 0.0% | |||
10 |
Forked Nouns
Ethereum
|
36,75 ETH
107 362 $
|
0.7% |
17 346 ETH
50 674 669 $
|
71,00 ETH
207 420 $
|
2 | 0.0% | ||||
11 |
Milady Maker
Ethereum
|
Pirkti
|
4,33 ETH
12 608,64 $
|
0.7% |
43 175 ETH
125 808 980 $
|
70,24 ETH
204 673 $
|
16 | 0.2% | |||
12 |
Captainz
Ethereum
|
2,94 ETH
8 566,83 $
|
1.6% |
29 387 ETH
85 659 737 $
|
69,28 ETH
201 943 $
|
24 | 0.2% | ||||
13 |
IO: Imaginary Ones
Ethereum
|
1,40 ETH
4 079,38 $
|
6.9% |
12 443 ETH
36 257 523 $
|
62,21 ETH
181 277 $
|
46 | 0.3% | ||||
14 |
WHAT THE FFFF
Ethereum
|
0,011 ETH
32,11 $
|
0.0% |
11,00 ETH
32 111 $
|
59,34 ETH
173 215 $
|
- | 0.0% | ||||
15 |
Kanpai Pandas
Ethereum
|
1,59 ETH
4 623,90 $
|
3.0% |
12 640 ETH
36 829 366 $
|
59,14 ETH
172 325 $
|
38 | 0.2% | ||||
16 |
Azuki Elementals
Ethereum
|
0,46 ETH
1 334,41 $
|
3.2% |
7 338 ETH
21 381 191 $
|
45,50 ETH
132 578 $
|
77 | 0.0% | ||||
17 |
MATR1X KUKU
Ethereum
|
1,74 ETH
5 073,31 $
|
2.6% |
11 606 ETH
33 818 715 $
|
38,45 ETH
112 053 $
|
22 | 0.0% | ||||
18 |
Wrapped Cryptopunks
Ethereum
|
39,99 ETH
116 740 $
|
5.3% |
34 111 ETH
99 578 969 $
|
37,98 ETH
110 872 $
|
1 | 0.7% | ||||
19 |
mfers
Ethereum
|
0,40 ETH
1 165,66 $
|
3.3% |
4 007 ETH
11 678 750 $
|
30,43 ETH
88 711 $
|
65 | 0.0% | ||||
20 |
Prime Navigator
Ethereum
|
0,87 ETH
2 525,81 $
|
40.9% |
2 649 ETH
7 718 862 $
|
28,07 ETH
81 795 $
|
40 | 1.9% | ||||
21 |
TENJIN
Ethereum
|
0,17 ETH
507,08 $
|
12.6% |
1 392 ETH
4 056 146 $
|
23,04 ETH
67 158 $
|
130 | 3.0% | ||||
22 |
Lasogette
Ethereum
|
0,36 ETH
1 042,49 $
|
3.5% |
2 770 ETH
8 071 991 $
|
21,91 ETH
63 852 $
|
63 | 0.0% | ||||
23 |
Polyverse Genesis
Ethereum
|
0,045 ETH
131,03 $
|
6.9% |
39,86 ETH
116 356 $
|
21,51 ETH
62 790 $
|
40 | 5.2% | ||||
24 |
RΞMNANTS
Ethereum
|
5,69 ETH
16 578,83 $
|
19.8% |
1 423 ETH
4 144 707 $
|
21,33 ETH
62 146 $
|
4 | 1.6% | ||||
25 |
Clone X
Ethereum
|
0,57 ETH
1 666,97 $
|
8.2% |
11 210 ETH
32 669 230 $
|
20,59 ETH
60 018 $
|
29 | 0.0% | ||||
26 |
ANIM.JP Official
Ethereum
|
0,015 ETH
43,51 $
|
0.0% |
97,81 ETH
285 611 $
|
19,86 ETH
57 979 $
|
10 | 0.0% | ||||
27 |
Doodles
Ethereum
|
1,78 ETH
5 188,49 $
|
1.4% |
17 796 ETH
51 874 475 $
|
19,83 ETH
57 804 $
|
11 | 0.0% | ||||
28 |
Bored Ape Kennel Club
Ethereum
|
0,52 ETH
1 518,16 $
|
3.1% |
5 003 ETH
14 577 420 $
|
18,44 ETH
53 733 $
|
36 | 0.0% | ||||
29 |
Sword of Grandia
Ethereum
|
0,26 ETH
759,74 $
|
6.6% |
130,00 ETH
379 868 $
|
18,20 ETH
53 171 $
|
74 | 6.6% | ||||
30 |
Ultiverse - Electric Sheep
Ethereum
|
0,99 ETH
2 878,47 $
|
2.0% |
6 915 ETH
20 149 306 $
|
17,56 ETH
51 157 $
|
18 | 0.1% | ||||
31 |
My Pet Hooligan
Ethereum
|
0,37 ETH
1 063,93 $
|
3.8% |
3 244 ETH
9 456 218 $
|
15,99 ETH
46 610 $
|
42 | 0.0% | ||||
32 |
MoonCats - Acclimated
Ethereum
|
0,15 ETH
435,05 $
|
6.3% |
2 966 ETH
8 664 506 $
|
15,96 ETH
46 623 $
|
109 | 0.3% | ||||
33 |
Imaginary Rides
Ethereum
|
0,10 ETH
297,26 $
|
14.2% |
1 417 ETH
4 128 298 $
|
15,61 ETH
45 502 $
|
144 | 0.5% | ||||
34 |
Pixels - Farm Land
Ethereum
|
1,52 ETH
4 421,24 $
|
9.7% |
7 587 ETH
22 106 184 $
|
15,06 ETH
43 875 $
|
8 | 0.1% | ||||
35 |
Azra Games - The Hopeful
Ethereum
|
1,40 ETH
4 089,97 $
|
2.9% |
7 777 ETH
22 719 756 $
|
14,98 ETH
43 754 $
|
11 | 0.1% | ||||
36 |
PalioAI Aura
Ethereum
|
0,36 ETH
1 034,78 $
|
3.8% |
1 183 ETH
3 448 929 $
|
14,84 ETH
43 249 $
|
43 | 0.7% | ||||
37 |
RG Bytes
Ethereum
|
0,34 ETH
987,65 $
|
5.0% |
1 694 ETH
4 937 258 $
|
13,32 ETH
38 805 $
|
40 | 0.3% | ||||
38 |
Muraqqa
Ethereum
|
4,50 ETH
13 141,72 $
|
12.8% |
499,50 ETH
1 458 731 $
|
12,79 ETH
37 352 $
|
4 | 3.8% | ||||
39 |
CyberV
Ethereum
|
0,39 ETH
1 138,01 $
|
11.7% |
809,82 ETH
2 363 640 $
|
12,18 ETH
35 558 $
|
33 | 1.4% | ||||
40 |
Honey Comb
Ethereum
|
0,28 ETH
815,64 $
|
5.6% |
4 596 ETH
13 392 729 $
|
11,69 ETH
34 058 $
|
44 | 0.1% | ||||
41 |
BEANZ Official
Ethereum
|
0,29 ETH
838,44 $
|
1.0% |
5 726 ETH
16 726 935 $
|
10,77 ETH
31 453 $
|
34 | 0.0% | ||||
42 |
Baby Bears
Ethereum
|
12,50 ETH
36 518 $
|
0.0% |
7 113 ETH
20 778 484 $
|
10,48 ETH
30 616 $
|
1 | 0.0% | ||||
43 |
Blond
Ethereum
|
2,67 ETH
7 767,42 $
|
3.5% |
42,72 ETH
124 279 $
|
10,47 ETH
30 459 $
|
4 | 0.0% | ||||
44 |
Skyborne - NexianGems
Ethereum
|
1,10 ETH
3 206,36 $
|
11.2% |
3 666 ETH
10 686 812 $
|
10,39 ETH
30 286 $
|
10 | 0.2% | ||||
45 |
VeeFriends
Ethereum
|
0,99 ETH
2 884,71 $
|
1.0% |
10 152 ETH
29 582 724 $
|
10,38 ETH
30 248 $
|
11 | 0.0% | ||||
46 |
Wolf Game
Ethereum
|
0,13 ETH
364,36 $
|
20.9% |
1 600 ETH
4 664 900 $
|
10,19 ETH
29 705 $
|
26 | 0.0% | ||||
47 |
Alpha Gate
Ethereum
|
4,44 ETH
12 937,25 $
|
49.0% |
2 287 ETH
6 662 682 $
|
9,98 ETH
29 080 $
|
3 | 0.2% | ||||
48 |
Cool Cats
Ethereum
|
0,44 ETH
1 281,88 $
|
1.0% |
4 385 ETH
12 777 768 $
|
9,78 ETH
28 490 $
|
22 | 0.0% | ||||
49 |
QBX Founders Key
Ethereum
|
1,05 ETH
3 059,64 $
|
4.5% |
932,40 ETH
2 716 962 $
|
9,18 ETH
26 750 $
|
9 | 0.6% | ||||
50 |
BEEPLE: EVERYDAYS - THE 2020 COLLECTION
Ethereum
|
7,50 ETH
21 854 $
|
7.1% |
5 408 ETH
15 756 622 $
|
8,80 ETH
25 642 $
|
1 | 0.3% | ||||
51 |
Land
Ethereum
|
0,030 ETH
87,99 $
|
59.6% |
602,19 ETH
1 757 350 $
|
8,68 ETH
25 339 $
|
35 | 0.2% | ||||
52 |
Wolf Game - Genesis Land
Ethereum
|
0,030 ETH
87,95 $
|
59.5% |
602,19 ETH
1 756 562 $
|
8,68 ETH
25 328 $
|
35 | 0.2% | ||||
53 |
The Plooshies
Ethereum
|
0,22 ETH
632,50 $
|
13.0% |
721,93 ETH
2 108 111 $
|
8,03 ETH
23 457 $
|
33 | 1.7% | ||||
54 |
alignDRAW
Ethereum
|
2,18 ETH
6 354,44 $
|
14.7% |
5 906 ETH
17 214 170 $
|
7,87 ETH
22 926 $
|
4 | 1.0% | ||||
55 |
Mocaverse Lucky Neko
Ethereum
|
0,40 ETH
1 164,60 $
|
0.3% |
507,93 ETH
1 482 531 $
|
7,77 ETH
22 673 $
|
9 | 1.6% | ||||
56 |
Sappy Seals
Ethereum
|
0,49 ETH
1 428,29 $
|
4.5% |
4 899 ETH
14 278 595 $
|
7,46 ETH
21 754 $
|
15 | 0.1% | ||||
57 |
The Potatoz
Ethereum
|
1,90 ETH
5 527,90 $
|
2.4% |
18 968 ETH
55 273 494 $
|
7,36 ETH
21 441 $
|
4 | 0.1% | ||||
58 |
Rosentica: Starfall Travelers
Ethereum
|
0,064 ETH
186,40 $
|
7.1% |
383,40 ETH
1 118 390 $
|
7,08 ETH
20 656 $
|
117 | 0.1% | ||||
59 |
BoredMilady
Ethereum
|
0,12 ETH
349,35 $
|
21.6% |
825,03 ETH
2 403 886 $
|
6,90 ETH
20 103 $
|
55 | 0.3% | ||||
60 |
Early Retired Cats Club
Ethereum
|
0,37 ETH
1 078,09 $
|
2.5% |
712,17 ETH
2 080 720 $
|
6,76 ETH
19 740,49 $
|
20 | 0.3% | ||||
61 |
Terraforms by Mathcastles
Ethereum
|
0,83 ETH
2 418,56 $
|
0.0% |
8 225 ETH
23 970 349 $
|
6,69 ETH
19 487,78 $
|
5 | 0.1% | ||||
62 |
PX Quest
Ethereum
|
0,69 ETH
2 019,42 $
|
11.8% |
5 198 ETH
15 145 636 $
|
6,22 ETH
18 134,05 $
|
9 | 0.2% | ||||
63 |
PXQuest Adventurer
Ethereum
|
0,69 ETH
2 022,92 $
|
10.2% |
5 205 ETH
15 171 925 $
|
6,22 ETH
18 139,38 $
|
9 | 0.2% | ||||
64 |
BEEPLE - SPRING/SUMMER COLLECTION 2021
Ethereum
|
7,00 ETH
20 404 $
|
9.4% |
3 577 ETH
10 426 523 $
|
5,99 ETH
17 460,13 $
|
1 | 0.0% | ||||
65 |
Otherdeed for Otherside
Ethereum
|
0,20 ETH
588,54 $
|
3.4% |
9 538 ETH
27 791 347 $
|
5,88 ETH
17 131,93 $
|
24 | 0.0% | ||||
66 |
Emby
Ethereum
|
0,26 ETH
744,29 $
|
1.5% |
701,25 ETH
2 046 801 $
|
5,29 ETH
15 439,23 $
|
21 | 0.3% | ||||
67 |
Age of Dino - Dinosty
Ethereum
|
0,41 ETH
1 194,85 $
|
8.8% |
2 052 ETH
5 979 037 $
|
5,15 ETH
15 015,74 $
|
12 | 34.3% | ||||
68 |
Chromie Squiggle by Snowfro
Ethereum
|
5,35 ETH
15 594,60 $
|
0.0% |
53 468 ETH
155 852 476 $
|
5,00 ETH
14 579,35 $
|
1 | 0.0% | ||||
69 |
Azuki Elemental Beans
Ethereum
|
0,76 ETH
2 205,86 $
|
1.1% |
4 078 ETH
11 882 945 $
|
4,93 ETH
14 365,75 $
|
2 | 0.3% | ||||
70 |
TOPIA Worlds
Ethereum
|
1,00 ETH
2 914,28 $
|
23.5% |
9 999 ETH
29 139 875 $
|
4,84 ETH
14 116,74 $
|
5 | 0.1% | ||||
71 |
L3E7 Worlds
Ethereum
|
4,62 ETH
13 462,75 $
|
1.7% |
2 772 ETH
8 077 652 $
|
4,67 ETH
13 608,49 $
|
1 | 0.0% | ||||
72 |
Ether Cards Founder
Ethereum
|
0,075 ETH
218,80 $
|
4.9% |
748,63 ETH
2 186 899 $
|
4,64 ETH
13 546,56 $
|
10 | 0.2% | ||||
73 |
Yogapetz
Ethereum
|
0,41 ETH
1 194,11 $
|
1.7% |
4 137 ETH
12 054 492 $
|
4,60 ETH
13 391,91 $
|
12 | 0.1% | ||||
74 |
Primera by Mitchell and Yun
Ethereum
|
1,80 ETH
5 252,26 $
|
5.3% |
720,00 ETH
2 100 906 $
|
4,50 ETH
13 130,66 $
|
3 | 0.0% | ||||
75 |
Mavia Land
Ethereum
|
0,23 ETH
669,04 $
|
0.2% |
2 296 ETH
6 690 416 $
|
4,36 ETH
12 710,32 $
|
17 | 0.0% | ||||
76 |
Persona
Ethereum
|
0,21 ETH
603,38 $
|
0.9% |
1 837 ETH
5 354 998 $
|
4,32 ETH
12 583,07 $
|
20 | 0.0% | ||||
77 |
The Currency
Ethereum
|
0,99 ETH
2 891,90 $
|
0.1% |
1 992 ETH
5 818 498 $
|
4,24 ETH
12 383,83 $
|
4 | 0.2% | ||||
78 |
SERAPH Soul Series
Ethereum
|
0,80 ETH
2 331,42 $
|
0.0% |
4 800 ETH
13 988 521 $
|
4,20 ETH
12 239,97 $
|
1 | 0.5% | ||||
79 |
LoudPunx
Ethereum
|
0,55 ETH
1 603,18 $
|
0.0% |
1 339 ETH
3 903 744 $
|
4,19 ETH
12 220,05 $
|
8 | 0.2% | ||||
80 |
Moonbirds
Ethereum
|
0,80 ETH
2 343,27 $
|
3.1% |
8 039 ETH
23 432 715 $
|
4,13 ETH
12 038,45 $
|
5 | 0.0% | ||||
81 |
Sproto Gremlins
Ethereum
|
0,35 ETH
1 018,45 $
|
6.8% |
1 164 ETH
3 391 442 $
|
4,11 ETH
11 981,00 $
|
12 | 0.2% | ||||
82 |
Parallel Avatars
Ethereum
|
0,62 ETH
1 808,06 $
|
1.6% |
6 809 ETH
19 890 432 $
|
4,02 ETH
11 741,09 $
|
6 | 0.0% | ||||
83 |
Checks
Ethereum
|
0,16 ETH
482,00 $
|
0.6% |
941,09 ETH
2 749 308 $
|
3,96 ETH
11 567,00 $
|
14 | 0.1% | ||||
84 |
Fomo Apes
Ethereum
|
0,75 ETH
2 189,66 $
|
0.0% |
0 ETH
0,00 €
|
3,80 ETH
11 094,27 $
|
1 | 1.2% | ||||
85 |
Parallel
Ethereum
|
0,0002 ETH
0,606677 $
|
62880.7% |
0,26 ETH
772,30 $
|
3,75 ETH
10 947,45 $
|
71 | 0.0% | ||||
86 |
Probably Nothing Genesis
Ethereum
|
0,028 ETH
81,00 $
|
40.4% |
213,34 ETH
621 621 $
|
3,64 ETH
10 600,67 $
|
99 | 0.2% | ||||
87 |
Nakamigos CLOAKS
Ethereum
|
0,020 ETH
57,26 $
|
12.0% |
391,98 ETH
1 145 116 $
|
3,57 ETH
10 432,62 $
|
168 | 0.5% | ||||
88 |
0N1 Force
Ethereum
|
0,29 ETH
856,78 $
|
0.0% |
2 286 ETH
6 661 446 $
|
3,52 ETH
10 258,26 $
|
13 | 0.0% | ||||
89 |
Chimpers
Ethereum
|
0,37 ETH
1 063,93 $
|
2.9% |
2 028 ETH
5 910 136 $
|
3,52 ETH
10 255,13 $
|
9 | 0.0% | ||||
90 |
TinFun
Ethereum
|
0,18 ETH
514,17 $
|
1.1% |
1 760 ETH
5 141 671 $
|
3,42 ETH
9 996,75 $
|
20 | 0.0% | ||||
91 |
SchizoPosters
Ethereum
|
0,70 ETH
2 042,06 $
|
6.6% |
3 882 ETH
11 341 608 $
|
3,35 ETH
9 774,14 $
|
5 | 0.0% | ||||
92 |
Nakamigos
Ethereum
|
0,089 ETH
259,15 $
|
11.3% |
1 774 ETH
5 164 597 $
|
3,34 ETH
9 737,19 $
|
32 | 0.1% | ||||
93 |
KPR
Ethereum
|
0,039 ETH
113,53 $
|
0.7% |
389,98 ETH
1 135 281 $
|
3,30 ETH
9 595,22 $
|
81 | 0.0% | ||||
94 |
Mintify Genesis
Ethereum
|
0,11 ETH
334,83 $
|
1.3% |
672,00 ETH
1 963 450 $
|
3,29 ETH
9 606,28 $
|
34 | 0.4% | ||||
95 |
Sugartown Oras
Ethereum
|
0,16 ETH
451,81 $
|
0.7% |
1 027 ETH
2 994 120 $
|
3,15 ETH
9 193,53 $
|
21 | 0.1% | ||||
96 |
OSF
Ethereum
|
3,09 ETH
8 986,56 $
|
0.3% |
648,69 ETH
1 887 177 $
|
3,09 ETH
8 986,29 $
|
1 | 0.0% | ||||
97 |
Worldwide Webb Land
Ethereum
|
0,20 ETH
573,77 $
|
5.4% |
1 872 ETH
5 455 416 $
|
2,99 ETH
8 720,07 $
|
13 | 0.0% | ||||
98 |
Common Wealth Genesis NFT Series 1
Ethereum
|
0,99 ETH
2 889,54 $
|
13.9% |
0 ETH
0,00 €
|
2,97 ETH
8 668,61 $
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3 | 96.5% | ||||
99 |
FLUF World
Ethereum
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0,51 ETH
1 499,26 $
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4.8% |
5 132 ETH
14 992 644 $
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2,86 ETH
8 346,74 $
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5 | 0.1% | ||||
100 |
XocietyFrontier
Ethereum
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0,100 ETH
291,59 $
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0.1% |
390,71 ETH
1 140 396 $
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2,80 ETH
8 178,44 $
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17 | 0.2% |
What Are NFTs?
A non-fungible token (NFT) is a digital asset or a unique identifier that assigns, links, or proves ownership of unique physical and digital goods. These goods can be anything ranging from artwork, music, digital real estate, or videos. In simple terms, NFTs are unique crypto tokens managed on a blockchain and they can be considered as modern-day collectibles. Each NFT is coded with a unique ID and other metadata that are impossible to replicate on other tokens. The blockchain acts as a decentralized ledger that is used to track the transaction history and ownership of the NFT, and this makes it difficult to be counterfeited or altered. Any digital object can become an NFT and anyone can make an NFT. To convert a digital object to an NFT, you just need to mint or put the object on the blockchain as a token and put the digital artwork for sale. NFT creators can choose to attach a commission to the file and get paid for every sale or resale of the file.
What is a NFT floor price?
Floor price refers to the lowest price for an NFT collection that someone can buy directly from the market. You can now track market data for NFT collections using our new NFT duomenų 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
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.