Aukščiausios NFT kolekcijos kainos, suskirstytos pagal 24 val. prekybos apimtį
# | NFT | Minimali kaina | 24h% | Pastarąsias 7d | Rinkos kapitalizacija | Apimtis per 24h | Pardavimai per 24h | 24 val. savininkai | |||
---|---|---|---|---|---|---|---|---|---|---|---|
101 |
BEEPLE - SPRING/SUMMER COLLECTION 2021
Ethereum
|
5,99 ETH
17 366,42 $
|
14.4% |
3 061 ETH
8 874 242 $
|
5,17 ETH
14 989,05 $
|
1 | 0.0% | ||||
102 |
OverTrip Founder's ID
Ethereum
|
0,19 ETH
556,75 $
|
7.6% |
171,30 ETH
494 397 $
|
5,06 ETH
14 607,50 $
|
27 | 0.3% | ||||
103 |
Parallel Avatars
Ethereum
|
0,74 ETH
2 135,61 $
|
19.1% |
8 107 ETH
23 493 846 $
|
4,96 ETH
14 362,35 $
|
8 | 0.1% | ||||
104 |
Yogapetz
Ethereum
|
0,44 ETH
1 269,36 $
|
7.3% |
4 440 ETH
12 814 220 $
|
4,97 ETH
14 340,80 $
|
13 | 0.1% | ||||
105 |
Rarible
Ethereum
|
0,0000 ETH
0,00291391 $
|
0.0% |
0,32 ETH
937,20 $
|
4,90 ETH
14 279,82 $
|
10 | 0.0% | ||||
106 |
Founders’ collection Citizen Zero
Ethereum
|
0,095 ETH
273,99 $
|
16.1% |
210,60 ETH
608 816 $
|
4,86 ETH
14 056,76 $
|
52 | 0.7% | ||||
107 |
Claynosaurz
Solana
|
13,86 SOL
1 959,55 $
|
1.0% |
138 589 SOL
19 595 459 $
|
92,55 SOL
13 085,31 $
|
6 | 0.0% | ||||
108 |
alignDRAW
Ethereum
|
2,10 ETH
6 086,01 $
|
3.7% |
5 689 ETH
16 487 002 $
|
4,43 ETH
12 847,28 $
|
2 | 0.2% | ||||
109 |
Bit Bears by Berachain
Ethereum
|
4,59 ETH
13 307,49 $
|
9.8% |
10 461 ETH
30 327 774 $
|
4,40 ETH
12 756,64 $
|
1 | 0.0% | ||||
110 |
ChronoForge Support Airships
Ethereum
|
0,51 ETH
1 477,74 $
|
27.5% |
1 275 ETH
3 694 353 $
|
4,37 ETH
12 650,90 $
|
11 | 1.2% | ||||
111 |
sharx by sharky.fi
Solana
|
2,07 SOL
292,82 $
|
8.3% |
20 934 SOL
2 959 874 $
|
89,29 SOL
12 624,57 $
|
43 | 0.1% | ||||
112 |
INK
Bitcoin
|
0,010 BTC
611,68 $
|
6.5% |
100,00 BTC
6 116 819 $
|
0,21 BTC
12 587,81 $
|
16 | 0.0% | ||||
113 |
Checks - VV Edition
Ethereum
|
0,27 ETH
773,50 $
|
0.1% |
1 435 ETH
4 161 453 $
|
4,25 ETH
12 321,75 $
|
17 | 0.1% | ||||
114 |
Age of Dino - Dinosty
Ethereum
|
0,43 ETH
1 245,31 $
|
4.8% |
2 150 ETH
6 231 550 $
|
4,11 ETH
11 910,89 $
|
10 | 1.0% | ||||
115 |
Ninja Squad Official
Ethereum
|
0,16 ETH
461,10 $
|
2.6% |
1 420 ETH
4 097 829 $
|
4,02 ETH
11 613,32 $
|
12 | 0.0% | ||||
116 |
Sugartown Oras
Ethereum
|
0,15 ETH
440,39 $
|
2.0% |
1 007 ETH
2 918 490 $
|
3,91 ETH
11 340,03 $
|
26 | 0.0% | ||||
117 |
Tensorians
Solana
|
13,82 SOL
1 941,38 $
|
7.7% |
122 556 SOL
17 216 178 $
|
79,45 SOL
11 160,81 $
|
6 | 0.1% | ||||
118 |
PX Quest
Ethereum
|
0,64 ETH
1 841,01 $
|
8.4% |
4 763 ETH
13 807 610 $
|
3,75 ETH
10 870,68 $
|
6 | 0.1% | ||||
119 |
PXQuest Adventurer
Ethereum
|
0,64 ETH
1 832,75 $
|
8.4% |
4 763 ETH
13 745 661 $
|
3,75 ETH
10 821,91 $
|
6 | 0.1% | ||||
120 |
Probably Nothing Genesis
Ethereum
|
0,028 ETH
81,12 $
|
40.4% |
213,34 ETH
622 523 $
|
3,64 ETH
10 616,06 $
|
99 | 0.2% | ||||
121 |
HV-MTL
Ethereum
|
0,14 ETH
401,37 $
|
91.2% |
3 927 ETH
11 385 267 $
|
3,59 ETH
10 398,23 $
|
30 | 0.4% | ||||
122 |
Monkey Baby Business
Solana
|
7,38 SOL
1 045,16 $
|
8.6% |
22 152 SOL
3 135 470 $
|
73,14 SOL
10 352,07 $
|
10 | 0.2% | ||||
123 |
Meebits
Ethereum
|
0,64 ETH
1 854,69 $
|
0.6% |
12 779 ETH
37 091 884 $
|
3,56 ETH
10 332,84 $
|
6 | 0.0% | ||||
124 |
ARCStellars
Ethereum
|
5,69 ETH
16 422,64 $
|
64.0% |
4 871 ETH
14 057 777 $
|
3,47 ETH
10 012,32 $
|
1 | 0.0% | ||||
125 |
Honey Badgers
Bitcoin
|
0,016 BTC
946,21 $
|
3.1% |
155,00 BTC
9 462 121 $
|
0,16 BTC
9 968,13 $
|
10 | 0.0% | ||||
126 |
Chimpers
Ethereum
|
0,33 ETH
952,46 $
|
9.6% |
1 833 ETH
5 290 889 $
|
3,45 ETH
9 949,69 $
|
10 | 0.1% | ||||
127 |
Winds of Yawanawa by Yawanawa and Refik Anadol
Ethereum
|
4,09 ETH
11 787,93 $
|
0.0% |
4 087 ETH
11 787 929 $
|
3,41 ETH
9 835,30 $
|
1 | 0.0% | ||||
128 |
Bitcoin Wizards
Bitcoin
|
0,16 BTC
9 725,74 $
|
3.4% |
212,74 BTC
13 013 039 $
|
0,16 BTC
9 725,74 $
|
1 | 0.0% | ||||
129 |
Prime Navigator
Ethereum
|
0,82 ETH
2 366,93 $
|
5.4% |
2 506 ETH
7 233 337 $
|
3,36 ETH
9 695,75 $
|
4 | 0.0% | ||||
130 |
Bitcoin Burials
Bitcoin
|
0,004 BTC
215,88 $
|
15.8% |
36,40 BTC
2 158 837 $
|
0,15 BTC
8 981,83 $
|
40 | 2.6% | ||||
131 |
OogaVerse
Ethereum
|
0,020 ETH
58,07 $
|
13.1% |
157,65 ETH
460 020 $
|
3,04 ETH
8 884,29 $
|
116 | 0.8% | ||||
132 |
Hape Prime
Ethereum
|
0,20 ETH
574,41 $
|
0.4% |
1 630 ETH
4 705 594 $
|
3,06 ETH
8 829,51 $
|
16 | 0.0% | ||||
133 |
Wild Forest Lords
Ronin
|
495,00 RON
1 248,06 $
|
1.0% |
1 485 000 RON
3 744 191 $
|
3 485 RON
8 786,87 $
|
0 | 0.2% | ||||
134 |
Alpha Gate
Ethereum
|
3,50 ETH
10 158,69 $
|
21.2% |
1 803 ETH
5 231 726 $
|
3,00 ETH
8 707,45 $
|
1 | 0.2% | ||||
135 |
Common Wealth Genesis NFT Series 1
Ethereum
|
0,99 ETH
2 883,79 $
|
13.9% |
0 ETH
0,00 €
|
2,97 ETH
8 651,37 $
|
3 | 96.5% | ||||
136 |
Mocaverse Lucky Neko
Ethereum
|
0,38 ETH
1 099,41 $
|
4.8% |
483,74 ETH
1 399 552 $
|
2,98 ETH
8 621,42 $
|
8 | 0.5% | ||||
137 |
DAMAGE CONTROL
Ethereum
|
0,60 ETH
1 724,40 $
|
0.3% |
0 ETH
0,00 €
|
2,91 ETH
8 376,91 $
|
4 | 0.0% | ||||
138 |
FLUF World
Ethereum
|
0,52 ETH
1 510,19 $
|
1.1% |
5 236 ETH
15 101 939 $
|
2,84 ETH
8 205,55 $
|
4 | 0.1% | ||||
139 |
InfiniGods
Ethereum
|
0,13 ETH
375,77 $
|
14.2% |
444,79 ETH
1 295 643 $
|
2,81 ETH
8 196,37 $
|
26 | 0.0% | ||||
140 |
TG.Casino High Roller
Ethereum
|
1,00 ETH
2 882,13 $
|
16.2% |
0 ETH
0,00 €
|
2,77 ETH
7 994,15 $
|
3 | 0.0% | ||||
141 |
Kaiju Kingz
Ethereum
|
0,16 ETH
458,91 $
|
6.0% |
1 590 ETH
4 588 644 $
|
2,75 ETH
7 927,91 $
|
14 | 0.2% | ||||
142 |
Kekspace: Coal Pepe
Ethereum
|
0,58 ETH
1 679,48 $
|
9.9% |
0 ETH
0,00 €
|
2,72 ETH
7 836,08 $
|
5 | 0.1% | ||||
143 |
Terraforms by Mathcastles
Ethereum
|
0,98 ETH
2 822,70 $
|
17.8% |
9 693 ETH
27 975 801 $
|
2,66 ETH
7 685,16 $
|
3 | 0.1% | ||||
144 |
Bad Kids
Stargaze
|
125 000 STARS
2 442,88 $
|
7.4% |
1 249 500 000 STARS
24 419 059 $
|
379 853 STARS
7 423,49 $
|
4 | 0.0% | ||||
145 |
MoonCats - Acclimated
Ethereum
|
0,15 ETH
431,81 $
|
0.1% |
2 967 ETH
8 599 951 $
|
2,54 ETH
7 359,01 $
|
15 | 0.1% | ||||
146 |
rektguy
Ethereum
|
0,36 ETH
1 038,75 $
|
1.9% |
3 172 ETH
9 155 573 $
|
2,51 ETH
7 240,95 $
|
7 | 0.0% | ||||
147 |
KPR
Ethereum
|
0,040 ETH
116,37 $
|
2.3% |
398,86 ETH
1 163 727 $
|
2,48 ETH
7 240,61 $
|
58 | 0.5% | ||||
148 |
Nobody
Ethereum
|
0,13 ETH
383,61 $
|
1.4% |
1 330 ETH
3 836 054 $
|
2,38 ETH
6 859,90 $
|
14 | 0.0% | ||||
149 |
CryptoPhunks
Ethereum
|
0,21 ETH
622,76 $
|
0.1% |
2 142 ETH
6 210 744 $
|
2,36 ETH
6 829,73 $
|
11 | 0.1% | ||||
150 |
CyberKongz (Babies)
Ethereum
|
0,84 ETH
2 434,78 $
|
0.0% |
3 359 ETH
9 739 113 $
|
2,35 ETH
6 803,06 $
|
3 | 0.1% | ||||
151 |
Rune Doors
Bitcoin
|
0,003 BTC
193,25 $
|
13.7% |
31,50 BTC
1 932 542 $
|
0,11 BTC
6 781,69 $
|
38 | 0.0% | ||||
152 |
Sproto Gremlins
Ethereum
|
0,35 ETH
1 006,66 $
|
0.7% |
1 156 ETH
3 352 191 $
|
2,33 ETH
6 751,74 $
|
7 | 0.2% | ||||
153 |
FLUF World: Burrows
Ethereum
|
0,063 ETH
183,74 $
|
46.9% |
661,50 ETH
1 929 259 $
|
2,31 ETH
6 742,54 $
|
29 | 0.1% | ||||
154 |
Taiyo Robotics
Solana
|
11,33 SOL
1 601,98 $
|
16.8% |
24 031 SOL
3 397 805 $
|
46,40 SOL
6 560,85 $
|
5 | 0.0% | ||||
155 |
RetroDoges
Ethereum
|
0,045 ETH
129,99 $
|
87.9% |
312,91 ETH
905 909 $
|
2,24 ETH
6 477,60 $
|
73 | 0.5% | ||||
156 |
CEDEN Keystone NFT Nodes
Ethereum
|
0,15 ETH
418,54 $
|
0.7% |
1 450 ETH
4 185 424 $
|
2,20 ETH
6 349,72 $
|
13 | 0.8% | ||||
157 |
Binary
Ethereum
|
0,080 ETH
233,29 $
|
12.7% |
565,60 ETH
1 649 330 $
|
2,17 ETH
6 319,04 $
|
28 | 0.7% | ||||
158 |
Space Doodles
Ethereum
|
2,50 ETH
7 245,25 $
|
0.0% |
17 095 ETH
49 543 023 $
|
2,10 ETH
6 086,01 $
|
1 | 0.1% | ||||
159 |
Dooplicator
Ethereum
|
0,100 ETH
288,36 $
|
4.8% |
936,56 ETH
2 703 387 $
|
2,06 ETH
5 958,02 $
|
21 | 0.1% | ||||
160 |
Realm
Arbitrum One
|
0,070 ETH
201,97 $
|
4.5% |
351,12 ETH
1 013 096 $
|
2,06 ETH
5 954,83 $
|
18 | 0.6% | ||||
161 |
SanFranTokyoGenesisPass
Ethereum
|
0,32 ETH
923,89 $
|
10.9% |
639,80 ETH
1 847 783 $
|
2,05 ETH
5 930,08 $
|
8 | 0.1% | ||||
162 |
KartParty-YKZ
Ethereum
|
0,68 ETH
1 966,85 $
|
0.0% |
471,83 ETH
1 374 830 $
|
2,02 ETH
5 888,90 $
|
3 | 0.4% | ||||
163 |
vVv Season 1
Ethereum
|
0,35 ETH
1 011,44 $
|
7.4% |
1 731 ETH
5 016 727 $
|
2,01 ETH
5 830,97 $
|
6 | 2.2% | ||||
164 |
QBX Founders Key
Ethereum
|
1,13 ETH
3 273,68 $
|
7.4% |
1 002 ETH
2 907 030 $
|
2,00 ETH
5 804,97 $
|
2 | 0.0% | ||||
165 |
Fomo Apes
Ethereum
|
0,75 ETH
2 164,00 $
|
0.0% |
0 ETH
0,00 €
|
2,01 ETH
5 799,51 $
|
1 | 0.0% | ||||
166 |
Habbo Avatars
Ethereum
|
0,13 ETH
379,03 $
|
0.2% |
1 505 ETH
4 396 390 $
|
1,98 ETH
5 793,79 $
|
16 | 0.1% | ||||
167 |
The Currency
Ethereum
|
1,18 ETH
3 403,42 $
|
19.2% |
2 375 ETH
6 851 077 $
|
1,99 ETH
5 739,37 $
|
2 | 0.1% | ||||
168 |
Cyber Frogs
Solana
|
6,10 SOL
862,50 $
|
7.3% |
47 318 SOL
6 690 392 $
|
40,59 SOL
5 738,79 $
|
6 | 0.2% | ||||
169 |
Kaidro Journey edition 01
Ronin
|
0,035 RON
0,088959 $
|
34.6% |
13 086 RON
33 260 $
|
2 253 RON
5 726,61 $
|
0 | 0.4% | ||||
170 |
Puppetardio
Solana
|
0,16 SOL
22,51 $
|
1.1% |
698,37 SOL
99 915 $
|
39,34 SOL
5 628,76 $
|
261 | 0.0% | ||||
171 |
BIT APES by BAYC Members
Bitcoin
|
0,002 BTC
160,00 $
|
21.7% |
23,50 BTC
1 599 955 $
|
0,083 BTC
5 624,35 $
|
16 | 0.2% | ||||
172 |
GoPlus EnergyCard
Ethereum
|
0,96 ETH
2 773,64 $
|
0.2% |
791,04 ETH
2 285 483 $
|
1,92 ETH
5 541,51 $
|
2 | 0.0% | ||||
173 |
Crypto Unicorns
Polygon POS
|
0,002 ETH
4,37 $
|
25.0% |
274,31 ETH
799 399 $
|
1,84 ETH
5 370,49 $
|
314 | 0.0% | ||||
174 |
Mavia Land
Ethereum
|
0,24 ETH
695,81 $
|
4.5% |
2 400 ETH
6 958 137 $
|
1,82 ETH
5 271,38 $
|
6 | 0.0% | ||||
175 |
Unicorn Farm
Polygon POS
|
0,016 ETH
46,17 $
|
24.0% |
630,05 ETH
1 817 895 $
|
1,81 ETH
5 233,88 $
|
58 | 0.1% | ||||
176 |
Yogurt Verse
Ethereum
|
1,09 ETH
3 144,08 $
|
3.1% |
348,80 ETH
1 006 107 $
|
1,79 ETH
5 167,26 $
|
2 | 0.0% | ||||
177 |
The Plooshies
Ethereum
|
0,17 ETH
484,63 $
|
22.2% |
559,94 ETH
1 615 259 $
|
1,73 ETH
4 977,22 $
|
10 | 0.0% | ||||
178 |
The Memes by 6529
Ethereum
|
0,023 ETH
65,54 $
|
1.3% |
4,03 ETH
11 731,01 $
|
1,69 ETH
4 925,97 $
|
22 | 0.1% | ||||
179 |
CryptoCubes
Ethereum
|
3,99 ETH
11 626,50 $
|
141.8% |
1 013 ETH
2 953 132 $
|
1,66 ETH
4 837,09 $
|
1 | 0.7% | ||||
180 |
Rare Sats
Bitcoin
|
0,0000 BTC
0,00061118 $
|
0.0% |
0 BTC
0,00 €
|
0,078 BTC
4 744,60 $
|
80 | 0.3% | ||||
181 |
bitmap
Bitcoin
|
Pirkti
|
0,0010 BTC
58,35 $
|
2.1% |
754,01 BTC
46 315 707 $
|
0,077 BTC
4 729,15 $
|
80 | 0.1% | |||
182 |
Aurory
Solana
|
4,87 SOL
688,07 $
|
0.9% |
48 666 SOL
6 875 914 $
|
33,33 SOL
4 709,75 $
|
8 | 0.0% | ||||
183 |
CryptoPunks V1 (wrapped)
Ethereum
|
1,72 ETH
4 986,69 $
|
0.0% |
8 502 ETH
24 649 186 $
|
1,58 ETH
4 580,79 $
|
1 | 0.0% | ||||
184 |
Spellborne Monsters
Ethereum
|
0,085 ETH
245,38 $
|
0.0% |
283,31 ETH
817 863 $
|
1,59 ETH
4 577,67 $
|
16 | 0.1% | ||||
185 |
cryptokhat
Polygon POS
|
0,58 ETH
1 703,64 $
|
0.0% |
5 850 ETH
17 036 354 $
|
1,56 ETH
4 543,11 $
|
3 | 0.0% | ||||
186 |
Timeless
Ethereum
|
0,21 ETH
608,35 $
|
16.1% |
1 967 ETH
5 731 264 $
|
1,56 ETH
4 536,98 $
|
9 | 0.2% | ||||
187 |
Timeless
Ethereum
|
0,21 ETH
602,30 $
|
16.1% |
1 967 ETH
5 674 293 $
|
1,56 ETH
4 491,88 $
|
9 | 0.2% | ||||
188 |
Turing Key
Ethereum
|
1,55 ETH
4 470,53 $
|
1.3% |
0 ETH
0,00 €
|
1,53 ETH
4 412,84 $
|
1 | 0.0% | ||||
189 |
God Hates NFTees
Ethereum
|
0,078 ETH
225,29 $
|
1.7% |
390,71 ETH
1 131 387 $
|
1,52 ETH
4 398,15 $
|
12 | 0.1% | ||||
190 |
Bitcoin Punks
Bitcoin
|
0,024 BTC
1 484,41 $
|
0.0% |
241,90 BTC
14 844 068 $
|
0,071 BTC
4 378,36 $
|
3 | 0.0% | ||||
191 |
Cool Cats
Ethereum
|
0,47 ETH
1 362,06 $
|
6.8% |
4 683 ETH
13 577 024 $
|
1,46 ETH
4 243,03 $
|
3 | 0.0% | ||||
192 |
Okay Bears
Solana
|
3,46 SOL
488,50 $
|
7.7% |
34 088 SOL
4 815 586 $
|
29,69 SOL
4 194,57 $
|
8 | 0.1% | ||||
193 |
FloraForms by Harto X Belvedere
Bitcoin
|
0,006 BTC
339,55 $
|
2.9% |
55,55 BTC
3 395 452 $
|
0,068 BTC
4 125,89 $
|
12 | 0.1% | ||||
194 |
Mittaria Genesis
Ethereum
|
0,19 ETH
548,35 $
|
0.5% |
417,74 ETH
1 218 433 $
|
1,38 ETH
4 019,29 $
|
7 | 0.1% | ||||
195 |
Commoners
Bitcoin
|
0,002 BTC
119,48 $
|
11.7% |
19,55 BTC
1 194 799 $
|
0,064 BTC
3 934,32 $
|
33 | 0.0% | ||||
196 |
WADE F&F
Ethereum
|
0,37 ETH
1 055,62 $
|
2.4% |
768,60 ETH
2 216 798 $
|
1,30 ETH
3 749,47 $
|
4 | 0.0% | ||||
197 |
CryptoUndeads
Solana
|
0,69 SOL
98,61 $
|
2.0% |
6 899 SOL
986 015 $
|
25,83 SOL
3 691,75 $
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34 | 0.1% | ||||
198 |
Smyths
Solana
|
4,10 SOL
586,57 $
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2.5% |
18 220 SOL
2 606 711 $
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25,80 SOL
3 690,68 $
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6 | 0.1% | ||||
199 |
KILLABEARS
Ethereum
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0,45 ETH
1 289,73 $
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0.4% |
1 489 ETH
4 298 654 $
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1,27 ETH
3 670,42 $
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3 | 0.0% | ||||
200 |
Little Pups
Bitcoin
|
0,003 BTC
177,86 $
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3.6% |
29,00 BTC
1 778 564 $
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0,058 BTC
3 581,66 $
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18 | 0.1% |
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 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.