Aukščiausios NFT kolekcijos kainos, suskirstytos pagal rinkos ribą
| # | NFT | Minimali kaina | 24h | 7d | 30d | Pastarąsias 7d | Rinkos kapitalizacija | Apimtis per 24h | Pardavimai per 24h | |||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - |
|
BullBears
|
0,28 SOL
24,11 $
|
6.3% | 8.9% | 7.2% |
|
187 302 $
2 213 SOL
|
2,85 SOL
241,62 $
|
7 | ||
| - |
|
Haxz
|
0,46 SOL
38,94 $
|
1.2% | 33.5% | 20.2% |
|
129 772 $
1 533 SOL
|
2,82 SOL
238,94 $
|
6 | ||
| - |
|
CryptoUndeads
|
0,43 SOL
36,14 $
|
0.0% | 23.5% | 90.8% |
|
361 325 $
4 269 SOL
|
2,76 SOL
233,44 $
|
6 | ||
| - |
|
Adam Bomb Squad
|
0,024 ETH
50,83 $
|
0.0% | 20.0% | 128.6% |
|
1 270 804 $
600,00 ETH
|
0,11 ETH
233,39 $
|
5 | ||
| - |
|
$DOG | Ordinals - SZN II B9-450x
|
0,004 BTC
307,68 $
|
0.0% | 111.6% | 67.4% |
|
0,00 €
0 BTC
|
0,003 BTC
230,76 $
|
1 | ||
| - |
|
Oblivion by Nullish
|
0,005 BTC
376,13 $
|
0.0% | 29.1% | 33.9% |
|
208 379 $
2,71 BTC
|
0,003 BTC
230,76 $
|
1 | ||
| - |
|
DogePunks
|
0,0004 BTC
26,92 $
|
45.8% | 0.0% | 16.7% |
|
269 217 $
3,50 BTC
|
0,003 BTC
230,68 $
|
11 | ||
| - |
|
Fomojis 2.0
|
0,002 BTC
152,30 $
|
0.0% | 15.7% | 5.9% |
|
305 970 $
3,98 BTC
|
0,003 BTC
229,22 $
|
1 | ||
| - |
|
Pome Survival Companion Pet
|
0,30 BNB
192,01 $
|
0.0% | 0.0% | 696.1% |
|
577 179 $
901,80 BNB
|
0,35 BNB
224,00 $
|
6 | ||
| - |
|
GAINZ
|
2,84 SOL
240,52 $
|
0.2% | 13.1% | 13.2% |
|
801 645 $
9 471 SOL
|
2,61 SOL
220,58 $
|
1 | ||
| - |
|
Psychedelics Anonymous Genesis
|
0,038 ETH
81,37 $
|
0.0% | 9.8% | 67.8% |
|
780 785 $
368,64 ETH
|
0,10 ETH
216,88 $
|
3 | ||
| - |
|
$DOG | Ordinals - SZN I Genesis
|
0,004 BTC
299,98 $
|
0.0% | 2.5% | 11.7% |
|
1 649 916 $
21,45 BTC
|
0,003 BTC
211,53 $
|
1 | ||
| - |
|
Azra Games - The Hopeful
|
0,059 ETH
124,31 $
|
15.3% | 14.5% | 35.5% |
|
690 521 $
326,02 ETH
|
0,10 ETH
212,23 $
|
2 | ||
| - |
|
Based Ape Gang
|
0,020 ETH
42,36 $
|
25.0% | 9.5% | 2.9% |
|
94 125 $
44,44 ETH
|
0,10 ETH
212,20 $
|
6 | ||
| - |
|
Thetan Hero
|
1,00 BNB
640,03 $
|
0.0% | 0.0% | 900.0% |
|
227 951 633 $
356 158 BNB
|
0,33 BNB
211,69 $
|
22 | ||
| - |
|
$DOG | Genesis
|
0,004 BTC
299,98 $
|
0.0% | 2.5% | 11.7% |
|
1 649 916 $
21,45 BTC
|
0,003 BTC
211,53 $
|
1 | ||
| - |
|
PoorTraits
|
0,0002 BTC
15,38 $
|
4.8% | 20.0% | 23.1% |
|
0,00 €
0 BTC
|
0,003 BTC
209,99 $
|
13 | ||
| - |
|
MathVerse Land
|
5,00 BNB
3 200,15 $
|
0.0% | 5278.8% | 7860.7% |
|
8 000 369 $
12 500 BNB
|
0,32 BNB
204,38 $
|
1 | ||
| - |
|
THC ᴸᵃᵇᶻ | The Growerz
|
0,91 SOL
76,93 $
|
2.5% | 10.7% | 31.7% |
|
179 628 $
2 122 SOL
|
2,40 SOL
203,15 $
|
3 | ||
| - |
|
Planets
|
0,003 BTC
198,10 $
|
0.0% | 22.9% | 102.6% |
|
0,00 €
0 BTC
|
0,003 BTC
198,10 $
|
1 | ||
| - |
|
Proud Kitty Gang
|
0,50 BNB
320,01 $
|
0.0% | 0.0% | 696.1% |
|
1 589 193 $
2 483 BNB
|
0,31 BNB
197,14 $
|
3 | ||
| - |
|
Runestone
|
0,001 BTC
106,76 $
|
0.0% | 3.7% | 28.6% |
|
12 000 247 $
156,01 BTC
|
0,003 BTC
195,38 $
|
2 | ||
| - |
|
Peepos
|
0,003 BTC
230,76 $
|
0.0% | 40.0% | 40.0% |
|
96 918 $
1,26 BTC
|
0,003 BTC
194,61 $
|
2 | ||
| - |
|
Tomorrowland: The Symbol of Love and Unity
|
1,16 SOL
98,56 $
|
0.2% | 12.0% | 12.2% |
|
640 358 $
7 565 SOL
|
2,28 SOL
192,61 $
|
2 | ||
| - |
|
ENS: Ethereum Name Service
|
0,0000 ETH
0,03770066 $
|
0.0% | 1.1% | 13.4% |
|
154 678 $
73,03 ETH
|
0,090 ETH
190,70 $
|
3 | ||
| - |
|
The Royals
|
0,0004 BTC
28,84 $
|
0.0% | 3.0% | 3.8% |
|
290 754 $
3,78 BTC
|
0,002 BTC
190,84 $
|
7 | ||
| - |
|
Visions of the Void
|
0,008 ETH
15,89 $
|
0.0% | 8.7% | 134.4% |
|
70 593 $
33,33 ETH
|
0,087 ETH
185,18 $
|
6 | ||
| - |
|
Bitcoin Philately
|
0,0007 BTC
51,54 $
|
16.2% | 9.5% | 21.2% |
|
0,00 €
0 BTC
|
0,002 BTC
184,61 $
|
1 | ||
| - |
|
Bored Ape Solana Club
|
1,17 SOL
99,00 $
|
0.6% | 9.7% | 28.0% |
|
593 693 $
7 014 SOL
|
2,16 SOL
182,49 $
|
2 | ||
| - |
|
Mutant Hounds
|
0,017 ETH
36,66 $
|
1.1% | 0.6% | 26.3% |
|
274 479 $
129,59 ETH
|
0,084 ETH
178,23 $
|
4 | ||
| - |
|
Neo Tokyo Outer Citizen V2
|
0,092 ETH
194,29 $
|
0.0% | 13.5% | 6.3% |
|
695 760 $
328,50 ETH
|
0,081 ETH
171,24 $
|
1 | ||
| - |
|
Great Expectations
|
0,085 ETH
179,95 $
|
0.0% | 15.0% | 88.8% |
|
272 079 $
128,46 ETH
|
0,081 ETH
170,71 $
|
2 | ||
| - |
|
Monke
|
0,34 SOL
29,10 $
|
17.3% | 28.5% | 28.5% |
|
9 748,84 $
115,17 SOL
|
2,01 SOL
170,13 $
|
6 | ||
| - |
|
Heroes of Elumia
|
0,59 SOL
50,33 $
|
1.2% | 1.2% | 0.5% |
|
77 314 $
913,40 SOL
|
2,00 SOL
169,29 $
|
1 | ||
| - |
|
Bitcoin Frogs
|
0,004 BTC
307,68 $
|
29.0% | 11.1% | 17.3% |
|
3 076 766 $
40,00 BTC
|
0,002 BTC
169,39 $
|
1 | ||
| - |
|
Yuna Revelation BRC2.0
|
0,0008 BTC
61,46 $
|
0.0% | 0.0% | 39.5% |
|
0,00 €
0 BTC
|
0,002 BTC
168,76 $
|
4 | ||
| - |
|
10KTF Gucci Grail
|
0,014 ETH
30,58 $
|
0.0% | 0.2% | 4.5% |
|
130 075 $
61,41 ETH
|
0,077 ETH
163,87 $
|
5 | ||
| - |
|
FGDNFT
|
0,44 BNB
281,97 $
|
0.0% | 0.0% | 0.0% |
|
2 159 072 $
3 373 BNB
|
0,25 BNB
163,12 $
|
- | ||
| - |
|
YuliOriginGenOne
|
500,00 BNB
320 015 $
|
0.0% | 0.0% | 38.9% |
|
1 662 476 672 $
2 597 500 BNB
|
0,25 BNB
162,11 $
|
5 | ||
| - |
|
Mutants On Sol Crew
|
0,34 SOL
28,36 $
|
3.7% | 6.9% | 66.7% |
|
99 257 $
1 173 SOL
|
1,91 SOL
161,26 $
|
6 | ||
| - |
|
AILU
|
0,002 BTC
184,61 $
|
14.0% | 17.0% | 4.8% |
|
387 672 $
5,04 BTC
|
0,002 BTC
161,53 $
|
1 | ||
| - |
|
Bricktopians by Law Degree
|
0,022 ETH
46,60 $
|
0.0% | 24.0% | 42.1% |
|
387 868 $
183,13 ETH
|
0,076 ETH
161,42 $
|
3 | ||
| - |
|
Tubby Cats
|
0,023 ETH
47,66 $
|
0.0% | 10.1% | 23.7% |
|
953 011 $
449,96 ETH
|
0,076 ETH
160,33 $
|
4 | ||
| - |
|
FVCK_CRYSTAL//
|
0,11 ETH
230,65 $
|
0.0% | 1.0% | 55.6% |
|
958 358 $
452,48 ETH
|
0,076 ETH
159,91 $
|
1 | ||
| - |
|
Trump Digital Trading Cards Series 2
|
0,006 ETH
12,01 $
|
13.4% | 13.9% | 26.1% |
|
564 563 $
266,55 ETH
|
0,075 ETH
158,59 $
|
14 | ||
| - |
|
Puffsterz
|
2,10 SOL
177,60 $
|
0.0% | 8.8% | 10.7% |
|
335 139 $
3 959 SOL
|
1,87 SOL
157,95 $
|
1 | ||
| - |
|
Drifters: Masterwork
|
0,27 SOL
22,62 $
|
0.0% | 6.8% | 7.1% |
|
187 004 $
2 209 SOL
|
1,83 SOL
154,71 $
|
6 | ||
| - |
|
NodeRocks
|
0,0004 BTC
34,54 $
|
0.0% | 49.7% | 124.5% |
|
345 367 $
4,49 BTC
|
0,002 BTC
153,84 $
|
1 | ||
| - |
|
OCM Katoshi Prime by OnChainMonkey®
|
0,001 BTC
89,66 $
|
0.0% | 22.3% | 26.6% |
|
0,00 €
0 BTC
|
0,002 BTC
153,84 $
|
1 | ||
| - |
|
3D Invisible Friends
|
0,030 ETH
63,54 $
|
3.4% | 25.2% | 25.7% |
|
317 702 $
150,00 ETH
|
0,073 ETH
153,69 $
|
3 | ||
| - |
|
G Tag
|
0,11 ETH
232,98 $
|
0.0% | 0.0% | 120.0% |
|
2 528 317 $
1 194 ETH
|
0,072 ETH
153,34 $
|
3 | ||
| - |
|
<Player2>
|
0,29 SOL
24,38 $
|
16.0% | 2.5% | 13.6% |
|
190 393 $
2 249 SOL
|
1,81 SOL
152,81 $
|
8 | ||
| - |
|
DOOMGODS
|
2,60 SOL
220,18 $
|
0.0% | 9.9% | 54.4% |
|
24 440 $
288,74 SOL
|
1,80 SOL
152,36 $
|
1 | ||
| - |
|
Kekspace: Coal Pepe
|
0,069 ETH
145,91 $
|
91.4% | 181.2% | 5.8% |
|
246 004 $
116,15 ETH
|
0,072 ETH
152,48 $
|
2 | ||
| - |
|
Zinu's Zombie Mob Secret Society
|
0,029 ETH
61,68 $
|
7.9% | 129.1% | 24.1% |
|
616 766 $
291,20 ETH
|
0,070 ETH
147,41 $
|
2 | ||
| - |
|
Mavrix by Jelly Co
|
0,43 SOL
36,23 $
|
2.4% | 20.2% | 20.9% |
|
242 182 $
2 861 SOL
|
1,69 SOL
143,39 $
|
4 | ||
| - |
|
Jelly Rascals
|
0,43 SOL
36,23 $
|
2.4% | 20.2% | 21.5% |
|
241 602 $
2 854 SOL
|
1,69 SOL
143,39 $
|
4 | ||
| - |
|
swatches by jvmi
|
0,004 ETH
9,32 $
|
54.9% | 83.5% | 72.5% |
|
72 476 $
34,22 ETH
|
0,067 ETH
142,83 $
|
20 | ||
| - |
|
Stoned Ape Crew
|
0,77 SOL
65,27 $
|
1.5% | 3.6% | 0.7% |
|
274 141 $
3 239 SOL
|
1,68 SOL
142,32 $
|
2 | ||
| - |
|
2048 by Harto
|
0,0005 BTC
36,77 $
|
0.0% | 0.2% | 36.6% |
|
0,00 €
0 BTC
|
0,002 BTC
139,92 $
|
3 | ||
| - |
|
Trencher
|
0,27 SOL
22,52 $
|
1.6% | 11.3% | 137.5% |
|
25 022 $
295,62 SOL
|
1,65 SOL
139,53 $
|
5 | ||
| - |
|
Wilder PALs: GEN
|
0,054 ETH
113,67 $
|
0.0% | 0.0% | 21.1% |
|
420 132 $
198,36 ETH
|
0,064 ETH
135,55 $
|
1 | ||
| - |
|
Pixelady Maker
|
0,012 ETH
25,41 $
|
0.8% | 0.4% | 1.2% |
|
203 236 $
95,96 ETH
|
0,064 ETH
134,90 $
|
3 | ||
| - |
|
The Saudis
|
0,027 ETH
56,13 $
|
0.0% | 11.7% | 55.5% |
|
311 732 $
147,18 ETH
|
0,064 ETH
134,69 $
|
3 | ||
| - |
|
WPNZ
|
0,001 BTC
76,92 $
|
0.0% | 16.7% | 16.7% |
|
0,00 €
0 BTC
|
0,002 BTC
134,61 $
|
1 | ||
| - |
|
IO: Imaginary Ones
|
0,085 ETH
180,03 $
|
0.0% | 11.2% | 10.4% |
|
1 600 080 $
755,46 ETH
|
0,063 ETH
133,65 $
|
1 | ||
| - |
|
NinjaPets (NinjaFT)
|
0,10 BNB
66,93 $
|
0.0% | 0.0% | 0.0% |
|
0,00 €
0 BNB
|
0,21 BNB
133,49 $
|
- | ||
| - |
|
Theory Of Gravity
|
0,59 SOL
49,81 $
|
22.2% | 10.0% | 83.3% |
|
166 326 $
1 965 SOL
|
1,55 SOL
131,20 $
|
3 | ||
| - |
|
RatBoy NFTs
|
0,060 BNB
38,40 $
|
0.0% | 0.0% | 0.0% |
|
76 804 $
120,00 BNB
|
0,20 BNB
131,17 $
|
- | ||
| - |
|
SolPunks
|
0,52 SOL
43,95 $
|
0.3% | 20.2% | 20.3% |
|
439 235 $
5 189 SOL
|
1,51 SOL
127,81 $
|
2 | ||
| - |
|
Bando Kids
|
0,21 SOL
17,75 $
|
0.0% | 31.8% | 12.8% |
|
59 166 $
699,00 SOL
|
1,50 SOL
127,08 $
|
3 | ||
| - |
|
Genesis pARticle pack
|
0,040 ETH
84,72 $
|
0.0% | 16.2% | 10.0% |
|
188 249 $
88,88 ETH
|
0,060 ETH
127,08 $
|
2 | ||
| - |
|
Pythenians
|
0,79 SOL
67,01 $
|
1.3% | 2.5% | 12.7% |
|
246 738 $
2 915 SOL
|
1,48 SOL
125,37 $
|
2 | ||
| - |
|
Lil Peepos
|
0,005 BTC
384,60 $
|
0.0% | 66.7% | 0.0% |
|
161 530 $
2,10 BTC
|
0,002 BTC
119,22 $
|
1 | ||
| - |
|
BASC Collection
|
0,37 SOL
30,96 $
|
4.8% | 4.8% | 48.3% |
|
307 041 $
3 627 SOL
|
1,47 SOL
124,56 $
|
4 | ||
| - |
|
Kups by Raposa
|
0,52 SOL
44,38 $
|
10.9% | 10.4% | 130.0% |
|
432 871 $
5 114 SOL
|
1,47 SOL
124,17 $
|
2 | ||
| - |
|
Lazy Ape Yacht Club
|
0,029 ETH
62,27 $
|
0.0% | 1.2% | 37.0% |
|
622 739 $
294,02 ETH
|
0,058 ETH
123,90 $
|
2 | ||
| - |
|
Metaverse HQ
|
0,065 ETH
137,46 $
|
0.0% | 26.9% | 8.2% |
|
122 201 $
57,70 ETH
|
0,058 ETH
123,82 $
|
1 | ||
| - |
|
NOMOS
|
0,0008 BTC
60,76 $
|
97.5% | 1.0% | 148.6% |
|
0,00 €
0 BTC
|
0,002 BTC
123,07 $
|
4 | ||
| - |
|
Goofy Giraffes
|
0,25 SOL
21,51 $
|
8.9% | 40.0% | 16.6% |
|
64 561 $
762,73 SOL
|
1,44 SOL
121,88 $
|
2 | ||
| - |
|
Rune Pups
|
0,0005 BTC
40,00 $
|
0.0% | 10.6% | 10.6% |
|
431 098 $
5,60 BTC
|
0,002 BTC
121,53 $
|
4 | ||
| - |
|
Deadfrenz Collection
|
0,020 ETH
42,28 $
|
0.0% | 27.1% | 244.1% |
|
477 841 $
225,61 ETH
|
0,057 ETH
119,67 $
|
6 | ||
| - |
|
Play Solana NFT
|
0,97 SOL
82,42 $
|
0.0% | 0.0% | 20.2% |
|
164 834 $
1 947 SOL
|
1,40 SOL
118,33 $
|
1 | ||
| - |
|
PepeNals
|
0,0003 BTC
24,61 $
|
0.0% | 100.0% | 73.0% |
|
169 837 $
2,21 BTC
|
0,002 BTC
118,46 $
|
8 | ||
| - |
|
BITBEAST
|
0,006 ETH
11,69 $
|
0.0% | 28.8% | 30.1% |
|
95 344 $
45,02 ETH
|
0,056 ETH
117,95 $
|
10 | ||
| - |
|
6 RINGS
|
1,36 SOL
115,52 $
|
0.7% | 40.8% | 5.0% |
|
577 247 $
6 820 SOL
|
1,38 SOL
116,72 $
|
1 | ||
| - |
|
inbetweeners
|
0,019 ETH
40,11 $
|
2.2% | 4.3% | 35.3% |
|
432 218 $
204,07 ETH
|
0,054 ETH
115,01 $
|
5 | ||
| - |
|
Smyths
|
1,38 SOL
117,08 $
|
1.5% | 6.9% | 6.9% |
|
520 301 $
6 147 SOL
|
1,35 SOL
114,27 $
|
1 | ||
| - |
|
EAPES
|
0,68 SOL
57,16 $
|
1.3% | 5.2% | 2.9% |
|
190 446 $
2 250 SOL
|
1,32 SOL
111,73 $
|
2 | ||
| - |
|
Kinfolks
|
0,37 SOL
31,70 $
|
0.0% | 39.4% | 26.0% |
|
132 154 $
1 561 SOL
|
1,32 SOL
111,73 $
|
2 | ||
| - |
|
The Doge Pound
|
0,042 ETH
88,36 $
|
0.0% | 14.0% | 27.5% |
|
883 457 $
417,12 ETH
|
0,051 ETH
108,87 $
|
2 | ||
| - |
|
BasePaint
|
0,0009 ETH
1,86 $
|
0.1% | 2.1% | 0.4% |
|
529 301 $
249,90 ETH
|
0,051 ETH
108,29 $
|
17 | ||
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TOPIA Worlds
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0,026 ETH
54,88 $
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0.0% | 5.7% | 54.3% |
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548 723 $
259,07 ETH
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0,051 ETH
107,17 $
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2 | ||
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STONES
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0,0001 BTC
10,00 $
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0.0% | 56.7% | 0.0% |
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0,00 €
0 BTC
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0,001 BTC
106,92 $
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LuckySea.gg
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0,44 SOL
37,12 $
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1.7% | 6.1% | 6.4% |
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76 960 $
909,22 SOL
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1,26 SOL
106,31 $
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RTFKT BONUS ITEMS
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1,50 ETH
3 177,02 $
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40.0% | 7592.3% | 7475.8% |
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2 049 179 $
967,50 ETH
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0,050 ETH
106,32 $
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Quack Heads
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0,67 SOL
56,49 $
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3.1% | 29.0% | 40.0% |
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112 933 $
1 334 SOL
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1,25 SOL
106,02 $
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CryptoCrystal
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0,008 ETH
16,50 $
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0.0% | 0.0% | 53.0% |
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167 369 $
79,02 ETH
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0,050 ETH
106,11 $
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Loot
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0,050 ETH
105,90 $
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0.0% | 33.2% | 30.3% |
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823 802 $
388,95 ETH
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0,049 ETH
104,04 $
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1 | ||
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Meta Legends
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0,009 ETH
18,64 $
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0.0% | 0.6% | 9.3% |
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230 067 $
108,62 ETH
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0,049 ETH
103,77 $
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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.
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