Ceny najpopularniejszych kolekcji NFT według kapitalizacji rynkowej
| # | NFT | Cena minimalna | 24 h | 7 dni | 30 dni | Ostatnie 7 dni | Kapitalizacja rynkowa | Wolumen 24h | Sprzedaż 24h | |||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 101 |
|
Garbage Friends
|
0,026 ETH
56,76 $
|
0.0% | 2.9% | 52.0% |
|
280 576 $
128,51 ETH
|
0,75 ETH
1 637,2 $
|
32 | ||
| 102 |
|
Yumemono ☆ 夢物
|
0,02 ETH
43,64 $
|
0.5% | 21.6% | 1.2% |
|
226 945 $
103,95 ETH
|
0,53 ETH
1 165,92 $
|
27 | ||
| 103 |
|
Wizard of Alpha
|
1,07 SOL
92,27 $
|
3.4% | 8.8% | 37.3% |
|
150 672 $
1 747 SOL
|
11,67 SOL
1 006,56 $
|
12 | ||
| 104 |
|
OZMO
|
23,41 SOL
2 018,49 $
|
0.0% | 0.0% | 0.0% |
|
111 017 $
1 287 SOL
|
21 SOL
1 810,76 $
|
1 | ||
| 105 |
|
DeezNode
|
431,21 SOL
37 183 $
|
0.0% | 0.0% | 0.0% |
|
74 367 $
862,41 SOL
|
345 SOL
29 750 $
|
1 | ||
| 106 |
|
Drifella III
|
0,59 SOL
50,75 $
|
0.0% | 0.0% | 0.0% |
|
67 646 $
784,47 SOL
|
85,41 SOL
7 364,77 $
|
111 | ||
| 107 |
|
Trench Warriors
|
0,15 SOL
13,01 $
|
0.0% | 7.3% | 7.3% |
|
55 135 $
639,39 SOL
|
12,29 SOL
1 060,17 $
|
58 | ||
| 108 |
|
The Magus Official
|
0,004 ETH
8,71 $
|
0.0% | 0.0% | 0.0% |
|
7 413,22 $
3,4 ETH
|
0,83 ETH
1 803,17 $
|
- | ||
| 109 |
|
Trump Bitcoin Digital Trading Cards
|
0,075 BTC
5 852,85 $
|
0.0% | 0.0% | 0.0% |
|
5 852,85 $
0,075 BTC
|
0,031 BTC
2 419,18 $
|
1 | ||
| 110 |
|
Bonk Puppets
|
0,023 SOL
1,99 $
|
0.0% | 0.0% | 0.0% |
|
4 376,28 $
50,75 SOL
|
55,92 SOL
4 821,72 $
|
2 241 | ||
| - |
|
CryptoPunks V1 (wrapped)
|
2,48 ETH
5 414,48 $
|
37.8% | 37.8% | 50.3% |
|
27 884 549 $
12 772 ETH
|
38,5 ETH
84 055 $
|
18 | ||
| - |
|
Otherside Koda
|
0,73 ETH
1 593,56 $
|
0.0% | 0.0% | 17.8% |
|
13 237 692 $
6 063 ETH
|
2,21 ETH
4 814,08 $
|
2 | ||
| - |
|
The Memes by 6529
|
0,017 ETH
37,07 $
|
0.0% | 0.0% | 2.6% |
|
7 654 348 $
3 506 ETH
|
1,94 ETH
4 227,82 $
|
30 | ||
| - |
|
Visions of the Void
|
0,008 ETH
16,37 $
|
8.7% | 8.7% | 134.4% |
|
72 768 $
33,33 ETH
|
0,45 ETH
993,27 $
|
28 | ||
| - |
|
Claynosaurz: The Call of Saga
|
12,26 SOL
1 057,52 $
|
1.3% | 0.1% | 3.3% |
|
2 113 979 $
24 515 SOL
|
11,42 SOL
984,83 $
|
1 | ||
| - |
|
Sappy Seals
|
0,11 ETH
246,69 $
|
4.0% | 12.8% | 27.1% |
|
2 466 177 $
1 130 ETH
|
0,44 ETH
954,61 $
|
4 | ||
| - |
|
BTC DeGods
|
0,017 BTC
1 287,63 $
|
0.0% | 33.7% | 17.5% |
|
688 881 $
8,83 BTC
|
0,012 BTC
948,16 $
|
1 | ||
| - |
|
The Potatoz
|
0,11 ETH
242,2 $
|
0.9% | 14.0% | 9.3% |
|
2 421 806 $
1 109 ETH
|
0,43 ETH
930,06 $
|
4 | ||
| - |
|
Punky Kongz
|
2,6 SOL
224,21 $
|
1.3% | 4.7% | 14.1% |
|
1 121 264 $
13 003 SOL
|
10,6 SOL
914,05 $
|
5 | ||
| - |
|
Lil' Bangers
|
0,018 ETH
39,42 $
|
5.0% | 9.7% | 50.6% |
|
219 001 $
100,31 ETH
|
0,41 ETH
889,14 $
|
17 | ||
| - |
|
Loud Lords
|
0,17 SOL
14,51 $
|
0.0% | 97.4% | 11.9% |
|
14 771,31 $
171,3 SOL
|
10,13 SOL
873,52 $
|
30 | ||
| - |
|
Heavy Liquid Graphic
|
0,66 SOL
57,21 $
|
1.6% | 1.6% | 1.6% |
|
57 148 $
662,74 SOL
|
9,91 SOL
854,14 $
|
13 | ||
| - |
|
Angry Dynomites Lab - Water Dynos
|
0,18 ETH
397,35 $
|
0.0% | 0.0% | 33.8% |
|
596 029 $
273 ETH
|
0,39 ETH
851,47 $
|
1 | ||
| - |
|
Hashmasks
|
0,075 ETH
163,7 $
|
0.0% | 15.7% | 7.3% |
|
2 680 034 $
1 228 ETH
|
0,39 ETH
842,3 $
|
4 | ||
| - |
|
G Tag
|
0,11 ETH
240,16 $
|
59.4% | 120.0% | 120.0% |
|
2 606 197 $
1 194 ETH
|
0,37 ETH
813,03 $
|
12 | ||
| - |
|
SMB Gen3
|
2,35 SOL
202,99 $
|
0.2% | 11.6% | 9.0% |
|
1 688 044 $
19 576 SOL
|
9,08 SOL
782,99 $
|
4 | ||
| - |
|
Radbro Webring V2
|
0,024 ETH
52,66 $
|
30.7% | 15.8% | 42.6% |
|
263 301 $
120,6 ETH
|
0,35 ETH
774,53 $
|
16 | ||
| - |
|
Zero Name Service
|
0,051 ETH
112,25 $
|
4.2% | 1.6% | 23.9% |
|
823 674 $
377,27 ETH
|
0,35 ETH
753,22 $
|
2 | ||
| - |
|
Yokai Avengers
|
0,003 BTC
256,75 $
|
37.1% | 26.1% | 15.4% |
|
172 533 $
2,21 BTC
|
0,01 BTC
741,36 $
|
4 | ||
| - |
|
Taiji Labs Genesis Keys
|
0,15 ETH
320,5 $
|
22.3% | 0.7% | 18.0% |
|
128 201 $
58,72 ETH
|
0,34 ETH
737,94 $
|
3 | ||
| - |
|
OnChainMonkey (OCM) Genesis
|
0,012 BTC
934,9 $
|
0.0% | 4.2% | 4.3% |
|
9 348 959 $
119,8 BTC
|
0,009 BTC
710,15 $
|
1 | ||
| - |
|
BASC Collection
|
0,38 SOL
32,68 $
|
1.7% | 1.3% | 41.7% |
|
324 046 $
3 758 SOL
|
8,25 SOL
711,74 $
|
3 | ||
| - |
|
OCM Genesis by OnChainMonkey®
|
0,012 BTC
934,9 $
|
0.0% | 4.2% | 4.3% |
|
9 348 959 $
119,8 BTC
|
0,009 BTC
710,15 $
|
1 | ||
| - |
|
CARDS
|
3,53 SOL
304,48 $
|
0.0% | 10.0% | 10.0% |
|
21 314 $
247,17 SOL
|
8,18 SOL
705,37 $
|
4 | ||
| - |
|
Moonbears
|
0,072 ETH
157,19 $
|
0.6% | 0.6% | 28.0% |
|
594 667 $
272,38 ETH
|
0,32 ETH
687,73 $
|
7 | ||
| - |
|
Polychain Monsters | BNB Chain
|
50 BNB
32 563 $
|
0.0% | 7042.9% | 111011.1% |
|
16 687 860 443 $
25 623 750 BNB
|
1,05 BNB
686,15 $
|
10 | ||
| - |
|
Zecrey Chameleon Avatar
|
0,5 BNB
325,63 $
|
4.4% | 14.2% | 823.5% |
|
1 528 520 $
2 347 BNB
|
1,01 BNB
660,42 $
|
3 | ||
| - |
|
Base Gods
|
0,28 ETH
611,31 $
|
16.0% | 6.6% | 3.7% |
|
493 940 $
226,24 ETH
|
0,3 ETH
654,76 $
|
1 | ||
| - |
|
GOTM Labz
|
9,95 SOL
858,08 $
|
7.0% | 15.5% | 7.0% |
|
257 425 $
2 985 SOL
|
7,5 SOL
646,73 $
|
1 | ||
| - |
|
Doge Friends
|
0,39 BNB
256,95 $
|
0.0% | 0.0% | 0.0% |
|
77 084 $
118,36 BNB
|
0,97 BNB
632,22 $
|
- | ||
| - |
|
Pizza Ninjas
|
0,009 BTC
680,49 $
|
0.0% | 0.9% | 17.7% |
|
1 020 738 $
13,08 BTC
|
0,008 BTC
626,65 $
|
1 | ||
| - |
|
BTC Machines
|
0,009 BTC
682,83 $
|
1.7% | 7.4% | 9.4% |
|
530 561 $
6,8 BTC
|
0,008 BTC
624,3 $
|
1 | ||
| - |
|
Froganas
|
Kup
|
0,67 SOL
57,64 $
|
0.0% | 3.6% | 7.0% |
|
320 209 $
3 713 SOL
|
7,1 SOL
612,35 $
|
11 | |
| - |
|
Gib Meme Gigapack Memecards
|
0,031 SOL
2,71 $
|
3.7% | 1.0% | 7.0% |
|
168 821 $
1 958 SOL
|
7,03 SOL
605,83 $
|
279 | ||
| - |
|
Cambria Founders
|
0,27 ETH
598,21 $
|
0.0% | 1.5% | 16.4% |
|
897 315 $
411 ETH
|
0,27 ETH
592,97 $
|
1 | ||
| - |
|
Realms (for Adventurers)
|
0,057 ETH
125,28 $
|
0.0% | 0.0% | 0.0% |
|
1 002 254 $
459,06 ETH
|
0,26 ETH
561,61 $
|
2 | ||
| - |
|
BEANZ Official
|
0,052 ETH
114,18 $
|
1.2% | 4.6% | 37.9% |
|
2 277 977 $
1 043 ETH
|
0,25 ETH
551,01 $
|
5 | ||
| - |
|
Soul Gate: Hero Cartridges
|
0,24 SOL
20,27 $
|
27.3% | 28.5% | 25.3% |
|
40 522 $
469,92 SOL
|
6,35 SOL
547,8 $
|
28 | ||
| - |
|
Motocat Racing Club
|
0,008 BTC
606,28 $
|
0.0% | 20.7% | 33.9% |
|
0 zł
0 BTC
|
0,007 BTC
546,27 $
|
1 | ||
| - |
|
Nakamigos CLOAKS
|
0,011 ETH
23,22 $
|
0.0% | 1.4% | 7.7% |
|
464 462 $
212,74 ETH
|
0,25 ETH
543,19 $
|
9 | ||
| - |
|
Retardio Cousins
|
1,97 SOL
170,14 $
|
2.5% | 8.5% | 70.8% |
|
756 104 $
8 768 SOL
|
6,23 SOL
536,96 $
|
3 | ||
| - |
|
Psychedelics Anonymous Genesis
|
0,038 ETH
83,88 $
|
0.0% | 33.9% | 64.4% |
|
804 835 $
368,64 ETH
|
0,24 ETH
523,49 $
|
7 | ||
| - |
|
Moki Genesis
|
998,95 RON
90,64 $
|
0.0% | 4.5% | 8.3% |
|
805 650 $
8 878 668 RON
|
5 499 RON
498,96 $
|
6 | ||
| - |
|
RENGA
|
0,054 ETH
118,98 $
|
7.3% | 6.0% | 22.0% |
|
1 085 483 $
497,19 ETH
|
0,23 ETH
498,87 $
|
3 | ||
| - |
|
Collector Crypt
|
0,13 SOL
11,25 $
|
0.0% | 5.8% | 4.9% |
|
801 724 $
9 297 SOL
|
5,62 SOL
484,87 $
|
17 | ||
| - |
|
Common Wealth Genesis NFT Series 2
|
0,23 ETH
501,93 $
|
0.0% | 34.3% | 8.9% |
|
1 661 390 $
760,97 ETH
|
0,22 ETH
469,4 $
|
1 | ||
| - |
|
Drifella 2
|
0,38 SOL
32,9 $
|
6.5% | 33.6% | 135.0% |
|
325 730 $
3 777 SOL
|
5,43 SOL
468,24 $
|
21 | ||
| - |
|
Natcats
|
0,003 BTC
221,63 $
|
0.0% | 5.0% | 9.8% |
|
1 787 209 $
22,9 BTC
|
0,006 BTC
459,64 $
|
2 | ||
| - |
|
SchizoPosters
|
0,13 ETH
272,91 $
|
0.0% | 10.3% | 72.7% |
|
1 515 726 $
694,25 ETH
|
0,21 ETH
458,48 $
|
2 | ||
| - |
|
mfers
|
0,24 ETH
534,59 $
|
0.0% | 6.8% | 16.9% |
|
5 356 079 $
2 453 ETH
|
0,21 ETH
451,93 $
|
1 | ||
| - |
|
World of Women Galaxy
|
0,016 ETH
35,79 $
|
5.8% | 2.4% | 0.5% |
|
768 697 $
352,09 ETH
|
0,21 ETH
448,76 $
|
8 | ||
| - |
|
Tubby Cats
|
0,023 ETH
49,12 $
|
0.0% | 10.1% | 2.3% |
|
982 367 $
449,96 ETH
|
0,2 ETH
438,18 $
|
12 | ||
| - |
|
Frenly Pandas
|
0,006 ETH
13,97 $
|
0.0% | 16.4% | 12.3% |
|
137 912 $
63,17 ETH
|
0,2 ETH
431,81 $
|
23 | ||
| - |
|
CENTS
|
0,005 BTC
401,9 $
|
0.0% | 0.8% | 10.8% |
|
4 019 362 $
51,51 BTC
|
0,005 BTC
413,6 $
|
1 | ||
| - |
|
The Art of Seasons
|
0,014 ETH
31,44 $
|
0.0% | 0.0% | 44.0% |
|
227 522 $
104,21 ETH
|
0,18 ETH
395,59 $
|
16 | ||
| - |
|
RTFKT Animus Egg 🥚
|
0,029 ETH
63,31 $
|
0.0% | 53.4% | 48.7% |
|
1 266 289 $
580 ETH
|
0,18 ETH
394,51 $
|
14 | ||
| - |
|
3D Invisible Friends
|
0,029 ETH
63,31 $
|
0.0% | 16.0% | 21.0% |
|
316 572 $
145 ETH
|
0,18 ETH
394,54 $
|
8 | ||
| - |
|
Cursed Bitcoin Punks
|
0,0005 BTC
36,6 $
|
0.0% | 100.4% | 4.2% |
|
365 998 $
4,69 BTC
|
0,005 BTC
390,19 $
|
14 | ||
| - |
|
CyberBrokers
|
0,082 ETH
179,87 $
|
18.1% | 61.6% | 138.8% |
|
1 798 715 $
823,87 ETH
|
0,17 ETH
375,08 $
|
4 | ||
| - |
|
BoDoggos
|
0,91 SOL
78,12 $
|
0.2% | 22.1% | 17.9% |
|
679 369 $
7 878 SOL
|
4,33 SOL
373,71 $
|
5 | ||
| - |
|
God Hates NFTees
|
0,064 ETH
138,64 $
|
0.0% | 3.4% | 27.0% |
|
696 234 $
318,9 ETH
|
0,17 ETH
368,97 $
|
1 | ||
| - |
|
Haxz
|
0,44 SOL
37,83 $
|
6.6% | 27.7% | 18.0% |
|
126 086 $
1 462 SOL
|
4,12 SOL
355,28 $
|
8 | ||
| - |
|
Zinu's Zombie Mob Secret Society
|
0,029 ETH
63,58 $
|
7.9% | 129.1% | 24.1% |
|
635 764 $
291,2 ETH
|
0,16 ETH
353,69 $
|
5 | ||
| - |
|
Creepz by OVERLORD
|
0,18 ETH
391,68 $
|
0.0% | 0.2% | 13.2% |
|
4 351 914 $
1 993 ETH
|
0,16 ETH
347,14 $
|
1 | ||
| - |
|
Doopies
|
0,37 SOL
31,65 $
|
0.0% | 24.6% | 17.1% |
|
281 284 $
3 262 SOL
|
4 SOL
345,18 $
|
4 | ||
| - |
|
Buidlers Collective GENESIS
|
4,49 SOL
387 $
|
0.0% | 0.0% | 0.5% |
|
361 849 $
4 196 SOL
|
4 SOL
344,84 $
|
1 | ||
| - |
|
GMX Blueberry Club
|
0,13 ETH
292,34 $
|
2.3% | 0.0% | 0.0% |
|
2 923 380 $
1 339 ETH
|
0,16 ETH
342,55 $
|
1 | ||
| - |
|
Quack Heads
|
0,68 SOL
58,47 $
|
2.7% | 27.2% | 42.9% |
|
116 875 $
1 355 SOL
|
3,96 SOL
341,06 $
|
6 | ||
| - |
|
Market Elites
|
3,85 SOL
331,94 $
|
2.7% | 124.4% | 99.0% |
|
995 832 $
11 548 SOL
|
3,93 SOL
338,89 $
|
1 | ||
| - |
|
Forgotten Runes Wizards Cult
|
0,047 ETH
102,99 $
|
0.0% | 12.6% | 7.5% |
|
958 811 $
439,17 ETH
|
0,15 ETH
336,22 $
|
2 | ||
| - |
|
MetaWinners
|
0,18 ETH
393,64 $
|
0.0% | 1.3% | 11.8% |
|
3 936 409 $
1 803 ETH
|
0,15 ETH
323,12 $
|
1 | ||
| - |
|
The Wizards of Ord
|
0,005 BTC
421,41 $
|
5.3% | 17.8% | 35.0% |
|
1 404 545 $
18 BTC
|
0,004 BTC
315,91 $
|
1 | ||
| - |
|
Bitcoin Bandits
|
0,004 BTC
331,66 $
|
0.0% | 6.8% | 14.8% |
|
169 811 $
2,18 BTC
|
0,004 BTC
310,59 $
|
1 | ||
| - |
|
Skellie
|
0,03 ETH
65,28 $
|
50.3% | 57.5% | 70.9% |
|
163 198 $
74,75 ETH
|
0,14 ETH
309,37 $
|
- | ||
| - |
|
Aevon
|
0,11 SOL
9,36 $
|
9.2% | 32.5% | 32.5% |
|
20 842 $
241,7 SOL
|
3,5 SOL
302,23 $
|
11 | ||
| - |
|
BotanNFT
|
0,19 BNB
125,52 $
|
0.0% | 0.0% | 0.0% |
|
647 157 $
993,69 BNB
|
0,46 BNB
296,4 $
|
- | ||
| - |
|
G3M NFT Series
|
0 BNB
0,000000000000000652 $
|
0.0% | 0.0% | 0.0% |
|
0,000000000562222 $
0 BNB
|
0,44 BNB
288,67 $
|
- | ||
| - |
|
Bufficorn Buidl Brigade
|
0,005 ETH
9,94 $
|
0.0% | 15.7% | 52.1% |
|
99 392 $
45,52 ETH
|
0,13 ETH
287,53 $
|
51 | ||
| - |
|
Wealthy Hypio Babies
|
15,66 HYPE
687,95 $
|
11.9% | 44.5% | 42.4% |
|
3 714 232 $
84 548 HYPE
|
6,4 HYPE
280,95 $
|
28 | ||
| - |
|
Bored Ape Solana Club
|
1,18 SOL
101,79 $
|
2.3% | 6.8% | 16.8% |
|
610 455 $
7 079 SOL
|
3,19 SOL
274,99 $
|
3 | ||
| - |
|
LetsWalk
|
0,16 ETH
347,14 $
|
0.0% | 0.6% | 5.9% |
|
552 643 $
253,13 ETH
|
0,13 ETH
275,09 $
|
1 | ||
| - |
|
Lil Chillers
|
0,87 SOL
75,32 $
|
0.0% | 33.7% | 44.1% |
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251 206 $
2 913 SOL
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3,11 SOL
268,08 $
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Koin Games Dev Squad
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0,043 ETH
93,03 $
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3.6% | 17.7% | 23.7% |
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516 774 $
236,7 ETH
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0,12 ETH
265,46 $
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PennyMoon NFTs
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0,01 BNB
6,52 $
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0.0% | 0.0% | 0.0% |
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13,04 $
0,02 BNB
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0,41 BNB
263,83 $
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PROOF Collective
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0,32 ETH
698,64 $
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0.0% | 64.9% | 89.4% |
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698 642 $
320 ETH
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0,12 ETH
259,81 $
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Patriots
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0,3 SOL
26,04 $
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12.3% | 2.6% | 42.1% |
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260 172 $
3 017 SOL
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3 SOL
258,69 $
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DYLI
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0,0002 ETH
0,390803 $
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0.6% | 62.7% | 62.7% |
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83 323 $
38,16 ETH
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0,12 ETH
258,59 $
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CryptoUndeads
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0,43 SOL
36,81 $
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0.0% | 23.5% | 90.8% |
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368 099 $
4 269 SOL
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2,76 SOL
237,82 $
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Oblivion by Nullish
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0,005 BTC
381,61 $
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0.0% | 29.1% | 33.9% |
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211 410 $
2,71 BTC
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0,003 BTC
234,11 $
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$DOG | Ordinals - SZN II B9-450x
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0,004 BTC
312,15 $
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0.0% | 111.6% | 67.4% |
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0 zł
0 BTC
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0,003 BTC
234,11 $
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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 API danych NFT.
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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