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 | |||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - |
|
The Memes by 6529
|
0,017 ETH
30,25 $
|
0.0% | 1.2% | 11.8% |
|
6 451 825 $
3 647 ETH
|
1,17 ETH
2 069,6 $
|
14 | ||
| - |
|
Trench Warriors
|
0,15 SOL
12,23 $
|
0.0% | 7.3% | 7.3% |
|
51 828 $
639,39 SOL
|
12,29 SOL
996,58 $
|
58 | ||
| - |
|
Card NFT 2
|
0,44 SOL
35,39 $
|
21.2% | 20.0% | 7.9% |
|
286 882 $
3 539 SOL
|
12,25 SOL
992,63 $
|
11 | ||
| - |
|
Impostors Genesis Aliens
|
0,09 ETH
158,97 $
|
0.2% | 7.1% | 8.3% |
|
1 656 462 $
936,24 ETH
|
0,55 ETH
965,5 $
|
5 | ||
| - |
|
Bitcoin Punks
|
0,003 BTC
198,25 $
|
0.0% | 21.2% | 8.6% |
|
1 982 523 $
31,43 BTC
|
0,015 BTC
926,75 $
|
1 | ||
| - |
|
ARCStellars
|
0,77 ETH
1 360,58 $
|
5.5% | 15.5% | 15.5% |
|
1 208 191 $
682,87 ETH
|
0,5 ETH
884,64 $
|
1 | ||
| - |
|
Gigaverse ROMs
|
0,034 ETH
60,16 $
|
28.3% | 0.6% | 10.8% |
|
601 553 $
340 ETH
|
0,49 ETH
869,81 $
|
14 | ||
| - |
|
Bitcoin Wizards
|
0,014 BTC
851,67 $
|
0.0% | 4.9% | 10.0% |
|
1 139 538 $
18,06 BTC
|
0,013 BTC
839,05 $
|
1 | ||
| - |
|
Moonbirds: Mythics
|
0,088 ETH
154,86 $
|
1.1% | 11.3% | 20.1% |
|
1 513 472 $
855,42 ETH
|
0,49 ETH
861,82 $
|
6 | ||
| - |
|
Collector Crypt RWA Tokenized Trading Card Club Membership Pass
|
14,86 SOL
1 204,8 $
|
2.0% | 20.6% | 47.1% |
|
1 204 802 $
14 863 SOL
|
10,09 SOL
817,51 $
|
1 | ||
| - |
|
Terraforms by Mathcastles
|
Kup
|
0,33 ETH
589,36 $
|
7.8% | 17.6% | 9.7% |
|
5 841 188 $
3 301 ETH
|
0,46 ETH
813,87 $
|
1 | |
| - |
|
Creepz by OVERLORD
|
0,22 ETH
388,51 $
|
7.2% | 23.0% | 29.7% |
|
4 316 760 $
2 440 ETH
|
0,46 ETH
812,57 $
|
2 | ||
| - |
|
Heavy Liquid Graphic
|
0,66 SOL
53,77 $
|
1.6% | 1.6% | 1.6% |
|
53 720 $
662,74 SOL
|
9,91 SOL
802,91 $
|
13 | ||
| - |
|
beef brothko
|
0,55 ETH
967,78 $
|
21.6% | 0.5% | 16.6% |
|
644 542 $
364,3 ETH
|
0,45 ETH
796,18 $
|
1 | ||
| - |
|
BTC DeGods
|
0,017 BTC
1 040,93 $
|
0.0% | 33.7% | 17.5% |
|
556 899 $
8,83 BTC
|
0,012 BTC
766,51 $
|
1 | ||
| - |
|
Space Doodles
|
0,52 ETH
921,89 $
|
0.0% | 0.0% | 11.1% |
|
6 959 371 $
3 933 ETH
|
0,41 ETH
732,48 $
|
1 | ||
| - |
|
Nakamigos CLOAKS
|
0,017 ETH
29,19 $
|
19.6% | 27.0% | 3.1% |
|
583 862 $
330 ETH
|
0,4 ETH
707,15 $
|
25 | ||
| - |
|
Transdimensional Fox Federation
|
1,79 SOL
145,02 $
|
2.0% | 12.2% | 4.4% |
|
1 128 111 $
13 917 SOL
|
8,71 SOL
706,12 $
|
5 | ||
| - |
|
Critters Quest
|
2,09 SOL
169,26 $
|
1.4% | 34.9% | 2.4% |
|
592 405 $
7 308 SOL
|
8,68 SOL
703,63 $
|
5 | ||
| - |
|
KPR
|
0,018 ETH
31,85 $
|
0.0% | 17.8% | 6.5% |
|
318 452 $
179,99 ETH
|
0,38 ETH
678,31 $
|
20 | ||
| - |
|
Pudgy Rods
|
0,12 ETH
217,52 $
|
0.0% | 0.6% | 13.1% |
|
1 608 524 $
909,14 ETH
|
0,37 ETH
647,91 $
|
3 | ||
| - |
|
SMB Gen3
|
2,99 SOL
242,57 $
|
0.8% | 20.1% | 20.6% |
|
2 019 426 $
24 913 SOL
|
8,02 SOL
649,84 $
|
3 | ||
| - |
|
3D Invisible Friends
|
0,02 ETH
35,38 $
|
28.6% | 28.6% | 29.4% |
|
176 910 $
99,99 ETH
|
0,35 ETH
627,88 $
|
7 | ||
| - |
|
Rafflor
|
2,88 SOL
233,52 $
|
11.2% | 16.0% | 7.1% |
|
289 800 $
3 575 SOL
|
7,65 SOL
619,77 $
|
3 | ||
| - |
|
Yokai Avengers
|
0,003 BTC
207,56 $
|
37.1% | 26.1% | 15.4% |
|
139 477 $
2,21 BTC
|
0,01 BTC
599,32 $
|
4 | ||
| - |
|
Polychain Monsters | BNB Chain
|
50 BNB
28 932 $
|
0.0% | 7042.9% | 111011.1% |
|
14 827 166 898 $
25 623 750 BNB
|
1,05 BNB
609,64 $
|
10 | ||
| - |
|
Invisible Friends
|
0,11 ETH
194,62 $
|
0.0% | 23.0% | 11.9% |
|
973 102 $
550 ETH
|
0,34 ETH
605,09 $
|
3 | ||
| - |
|
OCM Genesis by OnChainMonkey®
|
0,012 BTC
755,78 $
|
0.0% | 4.2% | 4.3% |
|
7 557 803 $
119,8 BTC
|
0,009 BTC
574,09 $
|
1 | ||
| - |
|
Taiji Labs Genesis Keys
|
0,15 ETH
259,73 $
|
22.3% | 0.7% | 18.0% |
|
103 892 $
58,72 ETH
|
0,34 ETH
598,02 $
|
3 | ||
| - |
|
Patriots
|
0,42 SOL
33,67 $
|
15.2% | 7.2% | 48.5% |
|
336 331 $
4 149 SOL
|
7,35 SOL
596,16 $
|
19 | ||
| - |
|
OnChainMonkey (OCM) Genesis
|
0,012 BTC
755,78 $
|
0.0% | 4.2% | 4.3% |
|
7 557 803 $
119,8 BTC
|
0,009 BTC
574,09 $
|
1 | ||
| - |
|
Zecrey Chameleon Avatar
|
0,5 BNB
289,32 $
|
4.4% | 14.2% | 823.5% |
|
1 358 090 $
2 347 BNB
|
1,01 BNB
586,78 $
|
3 | ||
| - |
|
Gemesis
|
0,012 ETH
21,05 $
|
0.0% | 0.7% | 6.7% |
|
1 994 675 $
1 127 ETH
|
0,33 ETH
583,46 $
|
25 | ||
| - |
|
Doge Friends
|
0,39 BNB
228,3 $
|
0.0% | 0.0% | 0.0% |
|
68 489 $
118,36 BNB
|
0,97 BNB
561,73 $
|
- | ||
| - |
|
Shaolin Saga
|
2,22 SOL
179,8 $
|
1.2% | 1.8% | 103.5% |
|
69 762 $
860,64 SOL
|
6,83 SOL
553,63 $
|
3 | ||
| - |
|
Hashmasks
|
0,066 ETH
116,59 $
|
8.9% | 12.1% | 1.4% |
|
1 908 843 $
1 079 ETH
|
0,31 ETH
548,65 $
|
5 | ||
| - |
|
CrypToadz
|
0,34 ETH
606,86 $
|
7.2% | 8.6% | 2.5% |
|
4 261 388 $
2 409 ETH
|
0,3 ETH
536,09 $
|
1 | ||
| - |
|
LetsWalk
|
0,15 ETH
263,62 $
|
0.0% | 0.0% | 6.3% |
|
419 687 $
237,21 ETH
|
0,3 ETH
521,94 $
|
1 | ||
| - |
|
Pizza Ninjas
|
0,009 BTC
550,12 $
|
0.0% | 0.9% | 17.7% |
|
825 176 $
13,08 BTC
|
0,008 BTC
506,59 $
|
1 | ||
| - |
|
BTC Machines
|
0,009 BTC
552,01 $
|
1.7% | 7.4% | 9.4% |
|
428 912 $
6,8 BTC
|
0,008 BTC
504,69 $
|
1 | ||
| - |
|
y00ts (Solana)
|
0,89 SOL
72,4 $
|
7.7% | 15.2% | 20.7% |
|
576 025 $
7 106 SOL
|
6,37 SOL
516,74 $
|
7 | ||
| - |
|
Soul Gate: Hero Cartridges
|
0,24 SOL
19,06 $
|
27.3% | 28.5% | 25.3% |
|
38 091 $
469,92 SOL
|
6,35 SOL
514,94 $
|
28 | ||
| - |
|
Metaverse HQ
|
0,059 ETH
104,21 $
|
1.0% | 1.6% | 33.7% |
|
92 643 $
52,36 ETH
|
0,28 ETH
501,24 $
|
2 | ||
| - |
|
Zinu's Zombie Mob Secret Society
|
0,07 ETH
123,85 $
|
7.7% | 5.3% | 140.4% |
|
1 238 495 $
700 ETH
|
0,28 ETH
497,16 $
|
4 | ||
| - |
|
1000X GEM
|
6,28 SOL
509,32 $
|
0.2% | 10.9% | 21.7% |
|
1 018 130 $
12 560 SOL
|
6 SOL
486,35 $
|
1 | ||
| - |
|
TRILLIONBEARS
|
9,75 SOL
790,13 $
|
0.0% | 82.2% | 82.2% |
|
263 115 $
3 246 SOL
|
6 SOL
486,35 $
|
1 | ||
| - |
|
The Llamas
|
0,36 ETH
644,42 $
|
0.5% | 4.0% | 18.3% |
|
715 949 $
404,66 ETH
|
0,27 ETH
483,01 $
|
1 | ||
| - |
|
Proof of Narnian NFT
|
0,12 ETH
220,03 $
|
1.7% | 16.5% | 2.1% |
|
733 346 $
414,49 ETH
|
0,26 ETH
456,12 $
|
2 | ||
| - |
|
Motocat Racing Club
|
0,008 BTC
490,12 $
|
0.0% | 20.7% | 33.9% |
|
0 zł
0 BTC
|
0,007 BTC
441,61 $
|
1 | ||
| - |
|
Wealthy Hypio Babies
|
15,66 HYPE
1 100,81 $
|
11.9% | 44.5% | 42.4% |
|
5 943 258 $
84 548 HYPE
|
6,4 HYPE
449,56 $
|
28 | ||
| - |
|
Kanpai Pandas
|
0,04 ETH
70,77 $
|
18.2% | 15.8% | 13.0% |
|
624 624 $
353,04 ETH
|
0,24 ETH
431,53 $
|
4 | ||
| - |
|
WVRPS by WarpSound (Official)
|
0,01 ETH
17,69 $
|
30.7% | 22.7% | 9.1% |
|
176 910 $
99,99 ETH
|
0,24 ETH
423,53 $
|
26 | ||
| - |
|
Market Elites
|
4,37 SOL
354,61 $
|
8.5% | 11.9% | 34.8% |
|
1 063 839 $
13 124 SOL
|
5,22 SOL
423,13 $
|
1 | ||
| - |
|
mfers
|
0,19 ETH
344,83 $
|
0.0% | 0.0% | 0.3% |
|
3 454 857 $
1 953 ETH
|
0,23 ETH
405,16 $
|
1 | ||
| - |
|
RTFKT Project Animus
|
0,036 ETH
63,51 $
|
0.0% | 12.4% | 43.6% |
|
776 513 $
438,89 ETH
|
0,22 ETH
387,83 $
|
5 | ||
| - |
|
Natcats
|
0,003 BTC
179,17 $
|
0.0% | 5.0% | 9.8% |
|
1 444 800 $
22,9 BTC
|
0,006 BTC
371,58 $
|
2 | ||
| - |
|
Common Wealth Genesis NFT Series 2
|
0,23 ETH
406,76 $
|
0.0% | 34.3% | 8.9% |
|
1 346 366 $
760,97 ETH
|
0,22 ETH
380,39 $
|
1 | ||
| - |
|
Wealthy Hypio Babies
|
0,1 ETH
179,43 $
|
2.3% | 2.6% | 24.6% |
|
996 756 $
563,37 ETH
|
0,21 ETH
367,95 $
|
2 | ||
| - |
|
Cyber Frogs
|
0,69 SOL
56,28 $
|
0.0% | 18.4% | 25.5% |
|
455 209 $
5 616 SOL
|
4,49 SOL
364,28 $
|
2 | ||
| - |
|
World of Women
|
0,11 ETH
194,62 $
|
4.0% | 0.1% | 12.6% |
|
1 946 206 $
1 100 ETH
|
0,21 ETH
365,06 $
|
2 | ||
| - |
|
Cambria Founders
|
0,26 ETH
463,7 $
|
1.2% | 14.3% | 5.4% |
|
695 547 $
393,12 ETH
|
0,2 ETH
350,32 $
|
1 | ||
| - |
|
CENTS
|
0,005 BTC
324,9 $
|
0.0% | 0.8% | 10.8% |
|
3 249 297 $
51,51 BTC
|
0,005 BTC
334,36 $
|
1 | ||
| - |
|
Lazy Lions
|
0,098 ETH
174,04 $
|
1.6% | 0.6% | 35.7% |
|
1 754 282 $
991,52 ETH
|
0,19 ETH
335,63 $
|
2 | ||
| - |
|
D1srupt0r
|
0,29 SOL
23,77 $
|
0.0% | 2.9% | 74.6% |
|
79 241 $
977,57 SOL
|
4,14 SOL
335,58 $
|
7 | ||
| - |
|
Sproto Gremlins
|
0,19 ETH
342,23 $
|
3.1% | 8.3% | 67.8% |
|
1 139 632 $
644,12 ETH
|
0,19 ETH
331,89 $
|
1 | ||
| - |
|
Moki Genesis
|
1 100 RON
64,84 $
|
0.0% | 11.1% | 2.8% |
|
576 266 $
9 776 800 RON
|
5 499 RON
324,11 $
|
6 | ||
| - |
|
1337 skulls
|
0,024 ETH
41,58 $
|
0.0% | 2.2% | 19.0% |
|
304 809 $
172,28 ETH
|
0,18 ETH
324,97 $
|
8 | ||
| - |
|
LP Doll
|
0,75 SOL
60,63 $
|
7.5% | 29.5% | 21.6% |
|
269 422 $
3 324 SOL
|
4 SOL
324,23 $
|
4 | ||
| - |
|
Cursed Bitcoin Punks
|
0,0005 BTC
29,59 $
|
0.0% | 100.4% | 4.2% |
|
295 877 $
4,69 BTC
|
0,005 BTC
315,43 $
|
14 | ||
| - |
|
Cool Pets
|
0,012 ETH
21,58 $
|
1.7% | 7.5% | 18.7% |
|
418 370 $
236,46 ETH
|
0,18 ETH
319,33 $
|
15 | ||
| - |
|
Trichro-matic by MountVitruvius
|
0,18 ETH
315,82 $
|
0.0% | 0.0% | 0.0% |
|
189 490 $
107,1 ETH
|
0,18 ETH
318,47 $
|
1 | ||
| - |
|
Highrise LAND
|
0,23 ETH
411,91 $
|
0.0% | 9.3% | 10.9% |
|
1 224 601 $
692,15 ETH
|
0,18 ETH
314,93 $
|
1 | ||
| - |
|
Drifella 2
|
0,18 SOL
14,36 $
|
7.1% | 21.4% | 51.8% |
|
142 201 $
1 754 SOL
|
3,71 SOL
301,08 $
|
24 | ||
| - |
|
Punky Kongz
|
3,96 SOL
320,91 $
|
7.5% | 15.9% | 7.5% |
|
1 604 874 $
19 799 SOL
|
3,7 SOL
299,92 $
|
1 | ||
| - |
|
My Curio Cards
|
0,055 ETH
97,31 $
|
7.8% | 12.2% | 1.9% |
|
2 080 105 $
1 176 ETH
|
0,17 ETH
295,47 $
|
3 | ||
| - |
|
GNSS Art by MGXS
|
0,042 ETH
73,69 $
|
0.4% | 76.5% | 4.1% |
|
714 503 $
403,84 ETH
|
0,16 ETH
290,16 $
|
5 | ||
| - |
|
SolidSkulls
|
0,5 SOL
40,76 $
|
0.0% | 11.9% | 11.9% |
|
81 634 $
1 007 SOL
|
3,47 SOL
281,27 $
|
7 | ||
| - |
|
BASC Collection
|
0,49 SOL
39,43 $
|
0.1% | 0.0% | 0.0% |
|
390 980 $
4 823 SOL
|
3,45 SOL
279,33 $
|
2 | ||
| - |
|
GMX Blueberry Club
|
0,13 ETH
236,91 $
|
2.3% | 0.0% | 0.0% |
|
2 369 064 $
1 339 ETH
|
0,16 ETH
277,6 $
|
1 | ||
| - |
|
BabyDoge
|
0,013 ETH
23,26 $
|
38.6% | 38.6% | 45.2% |
|
232 531 $
131,43 ETH
|
0,16 ETH
277,77 $
|
5 | ||
| - |
|
HV-MTL
|
0,018 ETH
32,15 $
|
8.2% | 16.1% | 6.1% |
|
911 949 $
515,44 ETH
|
0,16 ETH
277,07 $
|
6 | ||
| - |
|
Chain Runners
|
0,14 ETH
242,39 $
|
14.4% | 14.4% | 356.7% |
|
2 423 669 $
1 370 ETH
|
0,15 ETH
265,75 $
|
3 | ||
| - |
|
SHRIMPERS
|
0,025 ETH
44,23 $
|
17.1% | 26.9% | 66.7% |
|
132 696 $
75 ETH
|
0,15 ETH
265,2 $
|
7 | ||
| - |
|
BotanNFT
|
0,19 BNB
111,52 $
|
0.0% | 0.0% | 0.0% |
|
867 295 $
1 499 BNB
|
0,46 BNB
263,35 $
|
- | ||
| - |
|
The Wizards of Ord
|
0,005 BTC
340,67 $
|
5.3% | 17.8% | 35.0% |
|
1 135 450 $
18 BTC
|
0,004 BTC
255,38 $
|
1 | ||
| - |
|
Tomorrowland: The Symbol of Love and Unity
|
1,6 SOL
129,78 $
|
7.6% | 19.3% | 12.8% |
|
843 195 $
10 402 SOL
|
3,23 SOL
261,71 $
|
2 | ||
| - |
|
Bitcoin Bandits
|
0,004 BTC
268,12 $
|
0.0% | 6.8% | 14.8% |
|
137 277 $
2,18 BTC
|
0,004 BTC
251,09 $
|
1 | ||
| - |
|
God Hates NFTees
|
0,042 ETH
73,57 $
|
7.4% | 31.7% | 34.5% |
|
369 451 $
208,81 ETH
|
0,15 ETH
257,95 $
|
4 | ||
| - |
|
G3M NFT Series
|
0 BNB
0,000000000000000579 $
|
0.0% | 0.0% | 0.0% |
|
0,000000000499534 $
0 BNB
|
0,44 BNB
256,49 $
|
- | ||
| - |
|
Skellie
|
0,03 ETH
52,9 $
|
50.3% | 57.5% | 70.9% |
|
132 254 $
74,75 ETH
|
0,14 ETH
250,7 $
|
- | ||
| - |
|
LeSharX
|
0,052 SOL
4,24 $
|
0.0% | 27.7% | 39.4% |
|
12 711,27 $
156,82 SOL
|
3,03 SOL
245,78 $
|
64 | ||
| - |
|
Letters by Vinnie Hager
|
0,14 ETH
245,93 $
|
0.0% | 0.0% | 41.8% |
|
245 930 $
139 ETH
|
0,14 ETH
245,92 $
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Solarians
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2,02 SOL
163,71 $
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0.0% | 10.0% | 5.3% |
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1 620 359 $
19 990 SOL
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2,98 SOL
241,55 $
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PennyMoon NFTs
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0,01 BNB
5,79 $
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0.0% | 0.0% | 0.0% |
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11,58 $
0,02 BNB
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0,41 BNB
234,41 $
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card nft
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0,2 SOL
16,47 $
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0.0% | 4.5% | 31.1% |
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127 465 $
1 573 SOL
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2,89 SOL
234,08 $
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CryptoUndeads
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0,43 SOL
34,61 $
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0.0% | 23.5% | 90.8% |
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346 020 $
4 269 SOL
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2,76 SOL
223,55 $
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Wilder Beasts: Wolf
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0,1 ETH
176,93 $
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40.8% | 0.0% | 25.0% |
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589 700 $
333,3 ETH
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0,13 ETH
221,87 $
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JITO CABAL
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2,88 SOL
233,77 $
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1.7% | 5.7% | 11.2% |
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158 965 $
1 961 SOL
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2,63 SOL
213,1 $
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Pome Survival Companion Pet
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0,3 BNB
173,59 $
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0.0% | 0.0% | 696.1% |
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521 826 $
901,8 BNB
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0,35 BNB
202,51 $
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EAPES
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0,71 SOL
57,71 $
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0.0% | 0.0% | 11.8% |
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192 297 $
2 372 SOL
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2,5 SOL
202,65 $
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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.