Aukščiausios NFT kolekcijos kainos, suskirstytos pagal rinkos ribą
| # | NFT | Minimali kaina | 24h | 7d | 30d | Pastarąsias 7d | Rinkos kapitalizacija | Apimtis per 24h | Pardavimai per 24h | |||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - |
|
Bera Bears
|
0,10 BERA
0,02322927 $
|
0.0% | 0.0% | 0.0% |
|
232,29 $
1 000 BERA
|
0 BERA
0,00 €
|
- | ||
| - |
|
ShonenSOL
|
0,011 SOL
1,35 $
|
0.0% | 0.0% | 19.4% |
|
2 736,19 $
22,48 SOL
|
0 SOL
0,00 €
|
0 | ||
| - |
|
PURRTARDIO
|
0,079 HYPE
7,34 $
|
0.0% | 6.6% | 15.0% |
|
49 831 $
539,05 HYPE
|
0 HYPE
0,00 €
|
- | ||
| - |
|
RunePunks
|
0,0000 BTC
2,42 $
|
0.0% | 0.0% | 0.0% |
|
24 180 $
0,28 BTC
|
0 BTC
0,00 €
|
- | ||
| - |
|
Gobs On Abstract
|
0,0003 ETH
0,817933 $
|
0.0% | 0.0% | 0.0% |
|
908,72 $
0,33 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
New Blast City
|
0,095 ETH
259,01 $
|
0.0% | 0.0% | 0.0% |
|
863 288 $
316,64 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
Fomo v1.38 Mages
|
33,66 SOL
4 097,44 $
|
0.0% | 0.0% | 0.0% |
|
1 475 077 $
12 118 SOL
|
0 SOL
0,00 €
|
0 | ||
| - |
|
Mavrix by Jelly Co
|
0,25 SOL
30,22 $
|
0.0% | 0.0% | 13.9% |
|
202 053 $
1 660 SOL
|
0 SOL
0,00 €
|
0 | ||
| - |
|
Liberty Square: The Sinister Squirrel Syndicate
|
0,045 SOL
5,45 $
|
0.0% | 0.0% | 10.3% |
|
53 612 $
440,42 SOL
|
0 SOL
0,00 €
|
0 | ||
| - |
|
Bitcoin Puppets Honoraries
|
0,29 BTC
25 044 $
|
0.0% | 0.0% | 31.0% |
|
10 518 298 $
121,80 BTC
|
0 BTC
0,00 €
|
- | ||
| - |
|
Sachi Origins
|
0,009 SOL
1,12 $
|
0.0% | 0.0% | 6.3% |
|
3 724,57 $
30,60 SOL
|
0 SOL
0,00 €
|
0 | ||
| - |
|
Sipherian Inu
|
0,002 ETH
5,15 $
|
0.0% | 213.9% | 202.9% |
|
51 517 $
18,90 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
Boolin' Bulls
|
4,49 AVAX
49,68 $
|
0.0% | 0.0% | 0.0% |
|
16 543,23 $
1 495 AVAX
|
0 AVAX
0,00 €
|
- | ||
| - |
|
Mutantmon
|
0,020 SOL
2,48 $
|
0.0% | 0.0% | 0.0% |
|
24 821 $
203,90 SOL
|
0 SOL
0,00 €
|
0 | ||
| - |
|
PUNKS Comic
|
0,004 ETH
10,36 $
|
0.0% | 0.0% | 5.0% |
|
421 019 $
154,42 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
G*BOY Badges
|
0,048 SOL
5,79 $
|
2.3% | 2.3% | 57.2% |
|
8 682,55 $
71,33 SOL
|
0 SOL
0,00 €
|
0 | ||
| - |
|
Shaolin Saga
|
0,69 SOL
84,44 $
|
0.0% | 0.1% | 29.2% |
|
32 763 $
269,15 SOL
|
0 SOL
0,00 €
|
0 | ||
| - |
|
RNS: Ronin Name Service
|
22,99 RON
1,55 $
|
0.0% | 23.3% | 129.9% |
|
296 067 $
4 383 733 RON
|
0 RON
0,00 €
|
- | ||
| - |
|
AltLayer OG Badge
|
0,038 ETH
104,29 $
|
0.0% | 0.0% | 93.6% |
|
41 715 $
15,30 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
SRMANZANO
|
0,034 SOL
4,09 $
|
23.3% | 23.3% | 42.2% |
|
12 270,40 $
100,80 SOL
|
0 SOL
0,00 €
|
0 | ||
| - |
|
Inhabitants: Generative Identities
|
0,019 ETH
53,06 $
|
0.0% | 0.0% | 0.0% |
|
432 518 $
158,64 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
The Doggies (Snoop Dogg)
|
0,013 ETH
36,61 $
|
245.2% | 129.4% | 51.4% |
|
366 134 $
134,29 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
Wonky Stonks
|
0,050 ETH
135,11 $
|
0.0% | 15.4% | 17.2% |
|
1 180 153 $
432,85 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
Sidus NFT Heroes
|
0,011 ETH
30,48 $
|
0.0% | 0.0% | 0.0% |
|
182 890 $
67,08 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
DI Animals
|
0,006 ETH
17,69 $
|
0.0% | 0.0% | 0.0% |
|
142 822 $
52,38 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
Stoned Ape Crew
|
0,41 SOL
49,43 $
|
0.0% | 11.5% | 11.7% |
|
207 593 $
1 705 SOL
|
0 SOL
0,00 €
|
0 | ||
| - |
|
Villagers of XOLO
|
0,015 ETH
40,35 $
|
0.0% | 0.0% | 0.0% |
|
0,00 €
0 ETH
|
0 ETH
0,00 €
|
0 | ||
| - |
|
GIGA Bones
|
0,20 AVAX
2,21 $
|
0.0% | 0.0% | 0.0% |
|
418,24 $
37,80 AVAX
|
0 AVAX
0,00 €
|
0 | ||
| - |
|
CLoudheadznfts
|
0,080 AVAX
0,885156 $
|
0.0% | 0.0% | 14.3% |
|
2 467,82 $
223,04 AVAX
|
0 AVAX
0,00 €
|
0 | ||
| - |
|
Timeless
|
0,003 ETH
7,22 $
|
0.0% | 0.0% | 50.1% |
|
68 016 $
24,95 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
Boss Beauties
|
0,020 ETH
53,17 $
|
0.0% | 0.0% | 0.0% |
|
531 657 $
195,00 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
AssetDash Vanta
|
0,18 SOL
22,27 $
|
0.0% | 0.0% | 37.6% |
|
222 707 $
1 830 SOL
|
0 SOL
0,00 €
|
0 | ||
| - |
|
Gary Club Stacker
|
127,50 SOL
15 520,59 $
|
0.0% | 0.0% | 0.0% |
|
776 030 $
6 375 SOL
|
0 SOL
0,00 €
|
0 | ||
| - |
|
TODAY - Mythic Seed
|
0,003 ETH
9,54 $
|
0.0% | 0.0% | 42.6% |
|
52 994 $
19,44 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
Bold Point
|
0 AVAX
0,00 €
|
0.0% | 0.0% | 0.0% |
|
0,00 €
0 AVAX
|
0 AVAX
0,00 €
|
0 | ||
| - |
|
UNICORNIO
|
0,14 SOL
17,41 $
|
0.0% | 10.0% | 31.9% |
|
29 437 $
241,82 SOL
|
0 SOL
0,00 €
|
0 | ||
| - |
|
Lives of Asuna
|
0,008 ETH
21,26 $
|
19.1% | 0.0% | 16.4% |
|
212 635 $
77,99 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
MonkeyLeague Gen Zero
|
0,031 SOL
3,72 $
|
0.0% | 0.0% | 0.0% |
|
57 144 $
469,43 SOL
|
0 SOL
0,00 €
|
0 | ||
| - |
|
dePioneers
|
1,60 SOL
195,36 $
|
9.6% | 16.7% | 25.0% |
|
1 953 638 $
16 049 SOL
|
0 SOL
0,00 €
|
0 | ||
| - |
|
EtherThings
|
0,004 ETH
12,11 $
|
0.0% | 0.0% | 0.0% |
|
121 042 $
44,40 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
SILLY LITTLE GHOSTS!
|
0,99 AVAX
10,95 $
|
0.0% | 0.0% | 0.0% |
|
2 431,74 $
219,78 AVAX
|
0 AVAX
0,00 €
|
- | ||
| - |
|
Flash Trade
|
0,10 SOL
12,32 $
|
0.0% | 0.0% | 21.1% |
|
68 459 $
562,39 SOL
|
0 SOL
0,00 €
|
0 | ||
| - |
|
EAPES
|
0,67 SOL
81,23 $
|
12.1% | 1.1% | 6.6% |
|
270 649 $
2 223 SOL
|
0 SOL
0,00 €
|
0 | ||
| - |
|
Overworld Incarna
|
0,002 ETH
6,81 $
|
0.0% | 0.0% | 62.4% |
|
40 880 $
14,99 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
Base, Introduced
|
0,0005 ETH
1,36 $
|
28.6% | 28.6% | 28.6% |
|
661 264 $
242,54 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
Just Ape.
|
0,032 SOL
3,93 $
|
0.0% | 25.0% | 25.0% |
|
39 246 $
322,40 SOL
|
0 SOL
0,00 €
|
0 | ||
| - |
|
Sausages Degen
|
9,49 AVAX
105,00 $
|
0.0% | 0.0% | 0.0% |
|
105 002 $
9 490 AVAX
|
0 AVAX
0,00 €
|
- | ||
| - |
|
inbetweeners
|
0,008 ETH
22,36 $
|
0.0% | 0.0% | 65.5% |
|
240 895 $
88,36 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
Everdome Genesis Collection
|
0,008 ETH
21,68 $
|
0.0% | 0.0% | 0.0% |
|
211 940 $
77,74 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
Gambulls
|
0,38 SOL
45,82 $
|
0.0% | 5.2% | 21.5% |
|
155 044 $
1 274 SOL
|
0 SOL
0,00 €
|
0 | ||
| - |
|
Robinhood Pengs
|
0,0002 ETH
0,572553 $
|
0.0% | 0.0% | 1.0% |
|
5 362,54 $
1,97 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
Sol Slugs
|
0,52 SOL
63,12 $
|
0.0% | 0.0% | 25.4% |
|
288 133 $
2 367 SOL
|
0 SOL
0,00 €
|
0 | ||
| - |
|
Trillionaire Thugs
|
0,027 ETH
73,22 $
|
0.3% | 94.8% | 148.7% |
|
569 421 $
208,85 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
Meatbags
|
0,26 SOL
31,58 $
|
0.0% | 3.2% | 66.8% |
|
317 107 $
2 605 SOL
|
0 SOL
0,00 €
|
0 | ||
| - |
|
HoodMaps
|
0,0002 ETH
0,627082 $
|
0.0% | 0.0% | 0.0% |
|
2 083,79 $
0,76 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
TokenGators
|
0,022 ETH
59,13 $
|
2.0% | 9.5% | 33.7% |
|
236 535 $
86,76 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
6 RINGS
|
1,27 SOL
154,70 $
|
7.0% | 1.0% | 0.7% |
|
773 020 $
6 350 SOL
|
0 SOL
0,00 €
|
0 | ||
| - |
|
Animetas
|
0,002 ETH
6,81 $
|
0.0% | 16.7% | 54.6% |
|
68 808 $
25,24 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
Government Toucans
|
0,0002 ETH
0,517752 $
|
0.0% | 0.0% | 0.0% |
|
24 345 $
8,93 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
goblintown.wtf
|
0,038 ETH
103,60 $
|
0.3% | 26.7% | 59.6% |
|
998 751 $
366,32 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
8skullz
|
0,0006 ETH
1,76 $
|
7.1% | 362.0% | 331.2% |
|
5 289,98 $
1,94 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
Husky Pack
|
0,69 AVAX
7,63 $
|
0.0% | 0.0% | 81.6% |
|
38 165 $
3 449 AVAX
|
0 AVAX
0,00 €
|
- | ||
| - |
|
PREMINT Collector Pass - OFFICIAL
|
0,0005 ETH
1,45 $
|
0.0% | 0.0% | 0.0% |
|
14 531,95 $
5,33 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
CyberKongz Genkai
|
240,00 RON
16,21 $
|
14.3% | 7.3% | 24.4% |
|
220 443 $
3 264 000 RON
|
0 RON
0,00 €
|
- | ||
| - |
|
Aww Friends x Reddit Collectible Avatars
|
0,003 ETH
6,82 $
|
0.3% | 0.1% | 0.0% |
|
6 960 105 $
2 553 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
Flyfish Club
|
0,34 ETH
926,99 $
|
0.0% | 0.0% | 14.6% |
|
2 813 418 $
1 032 ETH
|
0 ETH
0,00 €
|
0 | ||
| - |
|
Urban Punk Official
|
0,0005 ETH
1,43 $
|
0.0% | 29.6% | 29.6% |
|
14 259,31 $
5,23 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
Hodl Forest
|
0,004 ETH
10,85 $
|
0.0% | 0.0% | 79.8% |
|
13 564,06 $
4,98 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
Yobi Ninjas
|
0,10 AVAX
1,11 $
|
0.0% | 0.0% | 0.0% |
|
1 357,61 $
122,70 AVAX
|
0 AVAX
0,00 €
|
0 | ||
| - |
|
Bloxies
|
0,020 ETH
54,53 $
|
0.0% | 0.0% | 0.0% |
|
545 071 $
199,92 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
Ethlizards
|
0,014 ETH
38,11 $
|
0.0% | 0.7% | 54.6% |
|
192 471 $
70,59 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
XTREME PIXELS
|
0,002 ETH
6,54 $
|
0.0% | 0.0% | 674.2% |
|
163 567 $
59,99 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
Boryoku Dragonz
|
1,31 SOL
159,36 $
|
17.8% | 27.6% | 29.0% |
|
176 892 $
1 453 SOL
|
0 SOL
0,00 €
|
0 | ||
| - |
|
Fun Apes
|
0,003 ETH
8,06 $
|
0.0% | 0.0% | 0.0% |
|
71 583 $
26,25 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
Hoodilios
|
0,0002 ETH
0,599545 $
|
15.4% | 18.5% | 45.0% |
|
3 698,59 $
1,36 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
Hermans
|
0,097 SOL
11,78 $
|
0.0% | 5.0% | 5.0% |
|
58 916 $
483,99 SOL
|
0 SOL
0,00 €
|
0 | ||
| - |
|
1111 by Kevin Abosch
|
0,13 ETH
365,26 $
|
0.0% | 0.0% | 36.9% |
|
399 596 $
146,56 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
Cross the Ages - Arkhante Booster Premium Pack
|
0,008 ETH
21,82 $
|
0.3% | 0.1% | 18.4% |
|
112 379 $
41,22 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
Lacoste UNDW3 Official
|
0,033 ETH
89,97 $
|
0.0% | 0.0% | 0.0% |
|
1 008 594 $
369,93 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
CyberKongz (Babies)
|
0,11 ETH
307,45 $
|
0.6% | 7.8% | 41.8% |
|
1 229 815 $
451,07 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
NuCyber
|
0,004 ETH
10,66 $
|
0.0% | 0.0% | 0.0% |
|
68 768 $
25,22 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
The Senses x Reddit Collectible Avatars
|
0,027 ETH
72,28 $
|
0.3% | 0.1% | 1.9% |
|
94 112 $
34,52 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
TreeNFT
|
24,99 ETH
68 134 $
|
0.0% | 0.0% | 16.7% |
|
6 813 386 $
2 499 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
Mittaria Genesis
|
0,099 ETH
269,92 $
|
0.0% | 0.0% | 0.0% |
|
599 758 $
219,98 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
Loud Lords
|
0,011 SOL
1,37 $
|
1.0% | 1.0% | 70.2% |
|
1 397,50 $
11,48 SOL
|
0 SOL
0,00 €
|
0 | ||
| - |
|
Baby Rider
|
0,50 AVAX
5,53 $
|
0.0% | 0.0% | 0.0% |
|
13 830,56 $
1 250 AVAX
|
0 AVAX
0,00 €
|
- | ||
| - |
|
Gremlin Cartel
|
0,003 ETH
7,20 $
|
0.5% | 29.9% | 56.0% |
|
35 980 $
13,20 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
Binary
|
0,004 ETH
10,63 $
|
0.0% | 0.0% | 92.2% |
|
75 176 $
27,57 ETH
|
0 ETH
0,00 €
|
0 | ||
| - |
|
4663 Hoods
|
0,0006 ETH
1,59 $
|
0.0% | 0.0% | 0.9% |
|
2 652,48 $
0,97 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
BlockGames Dice
|
0,030 ETH
81,79 $
|
0.0% | 0.0% | 50.0% |
|
454 362 $
166,65 ETH
|
0 ETH
0,00 €
|
0 | ||
| - |
|
Alpha Gate
|
0,050 ETH
136,32 $
|
0.0% | 0.0% | 0.0% |
|
70 206 $
25,75 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
Kaiju Mutants NFT
|
0,003 ETH
7,28 $
|
0.0% | 0.0% | 0.0% |
|
27 564 $
10,11 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
Bomefers
|
0,003 ETH
7,88 $
|
2.0% | 2.0% | 8.0% |
|
33 637 $
12,34 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
The Wicked Craniums
|
0,006 ETH
17,45 $
|
0.0% | 0.0% | 41.0% |
|
187 759 $
68,87 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
Bored Ape Chemistry Club
|
1,50 ETH
4 089,67 $
|
0.0% | 0.0% | 35.9% |
|
1 832 171 $
672,00 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
Ape Kids Club (AKC)
|
0,002 ETH
4,44 $
|
0.0% | 0.0% | 46.9% |
|
40 410 $
14,82 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
Punks2023
|
0,009 ETH
23,99 $
|
0.0% | 0.0% | 0.0% |
|
239 927 $
88,00 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
Kanpai Pandas Infinity Collection
|
0,010 ETH
27,26 $
|
0.0% | 0.0% | 0.0% |
|
6 816,11 $
2,50 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
Phantom Galaxies Planet Genesis Series
|
0,0005 ETH
1,34 $
|
0.3% | 0.1% | 0.0% |
|
22 914 $
8,40 ETH
|
0 ETH
0,00 €
|
- | ||
| - |
|
L3E7 Worlds
|
0,44 ETH
1 199,64 $
|
0.0% | 0.0% | 0.0% |
|
719 781 $
264,00 ETH
|
0 ETH
0,00 €
|
- | ||
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
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.