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 | |||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - |
|
based punks
|
0,028 ETH
64,85 $
|
14.0% | 13.5% | 8.1% |
|
324 272 $
142,5 ETH
|
0,18 ETH
409,02 $
|
5 | ||
| - |
|
CENTS
|
0,005 BTC
396,56 $
|
0.0% | 0.8% | 10.8% |
|
3 965 990 $
51,51 BTC
|
0,005 BTC
408,11 $
|
1 | ||
| - |
|
Star Atlas Crew
|
0,009 SOL
0,71833 $
|
0.0% | 13.5% | 34.6% |
|
1 050 247 $
12 532 SOL
|
4,78 SOL
400,72 $
|
364 | ||
| - |
|
Lazy Lions
|
0,065 ETH
146,89 $
|
0.0% | 16.2% | 2.5% |
|
1 480 626 $
650,65 ETH
|
0,17 ETH
396,86 $
|
2 | ||
| - |
|
Cursed Bitcoin Punks
|
0,0005 BTC
36,11 $
|
0.0% | 100.4% | 4.2% |
|
361 138 $
4,69 BTC
|
0,005 BTC
385,01 $
|
14 | ||
| - |
|
RENGA
|
0,063 ETH
143,36 $
|
4.5% | 25.7% | 113.6% |
|
1 307 895 $
574,75 ETH
|
0,17 ETH
378,42 $
|
3 | ||
| - |
|
DeepBlack
|
0,21 ETH
470,25 $
|
22.9% | 31.0% | 1.6% |
|
1 445 558 $
635,24 ETH
|
0,17 ETH
375,47 $
|
1 | ||
| - |
|
SMOWL
|
0,12 ETH
261,69 $
|
15.0% | 27.8% | 27.8% |
|
1 098 328 $
482,66 ETH
|
0,16 ETH
373,43 $
|
2 | ||
| - |
|
Phanta Bear
|
0,017 ETH
38,55 $
|
0.0% | 38.8% | 0.5% |
|
385 486 $
169,4 ETH
|
0,16 ETH
371,12 $
|
10 | ||
| - |
|
ENS: Ethereum Name Service
|
0 ETH
0,04278123 $
|
0.0% | 1.1% | 53.0% |
|
175 522 $
77,13 ETH
|
0,16 ETH
368,82 $
|
18 | ||
| - |
|
Supreme Kong
|
0,17 ETH
382,29 $
|
9.1% | 37.7% | 22.9% |
|
764 582 $
335,99 ETH
|
0,16 ETH
361,82 $
|
1 | ||
| - |
|
Highrise LAND
|
0,16 ETH
368,65 $
|
2.0% | 2.5% | 17.4% |
|
1 095 618 $
481,46 ETH
|
0,16 ETH
361,59 $
|
1 | ||
| - |
|
GMX Blueberry Club
|
0,13 ETH
304,7 $
|
2.3% | 0.0% | 0.0% |
|
3 047 025 $
1 339 ETH
|
0,16 ETH
357,04 $
|
1 | ||
| - |
|
Mara
|
0,009 ETH
19,43 $
|
1.6% | 82.4% | 195.1% |
|
788 820 $
346,64 ETH
|
0,16 ETH
352,83 $
|
11 | ||
| - |
|
Lil Chudders
|
0,11 SOL
8,88 $
|
4.2% | 8.3% | 8.3% |
|
9 862,95 $
117,69 SOL
|
4,07 SOL
340,96 $
|
40 | ||
| - |
|
goblintown.wtf
|
0,15 ETH
339,06 $
|
19.2% | 19.2% | 76.1% |
|
3 268 577 $
1 436 ETH
|
0,15 ETH
338,84 $
|
1 | ||
| - |
|
iconito
|
0,16 SOL
13,52 $
|
1.6% | 0.0% | 53.5% |
|
67 619 $
806,86 SOL
|
3,97 SOL
332,56 $
|
19 | ||
| - |
|
Quirklings
|
0,053 ETH
121,56 $
|
0.8% | 8.3% | 23.6% |
|
2 391 452 $
1 051 ETH
|
0,14 ETH
329,36 $
|
3 | ||
| - |
|
Planet Kaiju
|
0,12 SOL
10,22 $
|
20.9% | 27.8% | 15.8% |
|
68 079 $
812,34 SOL
|
3,93 SOL
329,44 $
|
36 | ||
| - |
|
2049 // Reflections
|
0,042 ETH
96,26 $
|
24.8% | 36.5% | 20.9% |
|
197 232 $
86,67 ETH
|
0,14 ETH
327,48 $
|
5 | ||
| - |
|
Mochimons
|
0,016 ETH
36,11 $
|
3.0% | 10.3% | 10.8% |
|
120 344 $
52,88 ETH
|
0,14 ETH
322,88 $
|
2 | ||
| - |
|
Skellie
|
0,03 ETH
68,04 $
|
50.3% | 57.5% | 70.9% |
|
170 101 $
74,75 ETH
|
0,14 ETH
322,45 $
|
- | ||
| - |
|
Looki
|
0,036 ETH
81,9 $
|
4.3% | 7.7% | 10.0% |
|
718 088 $
315,56 ETH
|
0,14 ETH
314,04 $
|
4 | ||
| - |
|
BASC Collection
|
0,49 SOL
41,07 $
|
0.4% | 5.7% | 22.3% |
|
407 240 $
4 859 SOL
|
3,73 SOL
312,67 $
|
8 | ||
| - |
|
The Wizards of Ord
|
0,005 BTC
415,81 $
|
5.3% | 17.8% | 35.0% |
|
1 385 894 $
18 BTC
|
0,004 BTC
311,71 $
|
1 | ||
| - |
|
Cool Pets
|
0,012 ETH
28,04 $
|
12.0% | 35.4% | 0.0% |
|
543 437 $
238,81 ETH
|
0,14 ETH
309,6 $
|
12 | ||
| - |
|
Bitcoin Bandits
|
0,004 BTC
327,26 $
|
0.0% | 6.8% | 14.8% |
|
167 556 $
2,18 BTC
|
0,004 BTC
306,47 $
|
1 | ||
| - |
|
Cryptoon Goonz
|
0,075 ETH
170,67 $
|
0.0% | 0.0% | 0.0% |
|
1 189 398 $
522,68 ETH
|
0,13 ETH
304,72 $
|
4 | ||
| - |
|
BoDoggos
|
1,33 SOL
111,25 $
|
0.7% | 17.9% | 7.4% |
|
967 560 $
11 545 SOL
|
3,62 SOL
303,28 $
|
3 | ||
| - |
|
Chubbiverse Frens
|
0,016 ETH
36,41 $
|
49.8% | 92.8% | 185.8% |
|
323 572 $
142,19 ETH
|
0,13 ETH
302,7 $
|
9 | ||
| - |
|
Primates
|
0,32 SOL
26,9 $
|
15.4% | 10.1% | 118.2% |
|
268 936 $
3 209 SOL
|
3,56 SOL
298,57 $
|
10 | ||
| - |
|
GigaBuds
|
0,46 SOL
38,37 $
|
2.5% | 1.6% | 4.9% |
|
383 707 $
4 579 SOL
|
3,56 SOL
298,21 $
|
9 | ||
| - |
|
Pixels - Farm Land
|
0,22 ETH
497,67 $
|
21.5% | 21.5% | 0.1% |
|
2 488 365 $
1 094 ETH
|
0,13 ETH
295,83 $
|
1 | ||
| - |
|
raW Pass
|
0,008 ETH
19,12 $
|
0.0% | 5.0% | 5.0% |
|
106 184 $
46,66 ETH
|
0,13 ETH
293,89 $
|
34 | ||
| - |
|
Owltopia
|
5,6 SOL
469,27 $
|
203.0% | 138.1% | 410.2% |
|
160 960 $
1 921 SOL
|
3,43 SOL
287,45 $
|
2 | ||
| - |
|
Rogues
|
0,55 SOL
46 $
|
12.0% | 4.5% | 21.8% |
|
153 304 $
1 829 SOL
|
3,41 SOL
285,61 $
|
6 | ||
| - |
|
BotanNFT
|
0,19 BNB
118,85 $
|
0.0% | 0.0% | 0.0% |
|
612 808 $
993,69 BNB
|
0,46 BNB
280,67 $
|
- | ||
| - |
|
Yue Minjun - Kingdom of the Laughing Man: Boundless
|
0,9 ETH
2 048,04 $
|
1668.2% | 1667.1% | 1566.7% |
|
2 045 989 $
899,1 ETH
|
0,12 ETH
275,35 $
|
2 | ||
| - |
|
G3M NFT Series
|
0 BNB
0,000000000000000617 $
|
0.0% | 0.0% | 0.0% |
|
0,000000000532381 $
0 BNB
|
0,44 BNB
273,35 $
|
- | ||
| - |
|
Trichro-matic by MountVitruvius
|
0,18 ETH
406,19 $
|
8.5% | 3.3% | 0.3% |
|
243 716 $
107,1 ETH
|
0,12 ETH
273,07 $
|
1 | ||
| - |
|
MidEvil
|
0,86 SOL
72 $
|
0.8% | 22.5% | 5.4% |
|
360 012 $
4 296 SOL
|
3,23 SOL
270,69 $
|
3 | ||
| - |
|
Azra Games - The Hopeful
|
0,07 ETH
158,71 $
|
0.1% | 9.0% | 9.7% |
|
881 655 $
387,44 ETH
|
0,12 ETH
263,97 $
|
2 | ||
| - |
|
GAINZ
|
3,05 SOL
255,78 $
|
0.0% | 2.2% | 5.0% |
|
852 499 $
10 172 SOL
|
3,1 SOL
259,8 $
|
1 | ||
| - |
|
MOSCIUN
|
0,53 SOL
44,76 $
|
3.9% | 3.1% | 10.2% |
|
149 170 $
1 780 SOL
|
3,05 SOL
255,57 $
|
6 | ||
| - |
|
Wealthy Hypio Babies
|
15,66 HYPE
625,15 $
|
11.9% | 44.5% | 42.4% |
|
3 375 162 $
84 548 HYPE
|
6,4 HYPE
255,3 $
|
28 | ||
| - |
|
Ninja Squad Official
|
0,028 ETH
63,6 $
|
0.0% | 3.4% | 15.3% |
|
565 197 $
248,37 ETH
|
0,11 ETH
254,73 $
|
4 | ||
| - |
|
Poncho Drifella
|
2,78 SOL
233,15 $
|
0.0% | 0.0% | 58.5% |
|
45 231 $
539,71 SOL
|
3 SOL
251,42 $
|
1 | ||
| - |
|
sharx by sharky.fi
|
0,3 SOL
25,39 $
|
0.0% | 4.6% | 4.2% |
|
256 623 $
3 062 SOL
|
3 SOL
251,17 $
|
4 | ||
| - |
|
Mind the Gap by MountVitruvius
|
0,17 ETH
386,85 $
|
0.0% | 0.6% | 2.3% |
|
386 465 $
169,83 ETH
|
0,11 ETH
250,32 $
|
1 | ||
| - |
|
The Fungible by Pak
|
0,15 ETH
336,79 $
|
0.0% | 11.5% | 24.1% |
|
2 099 539 $
922,63 ETH
|
0,11 ETH
250,32 $
|
1 | ||
| - |
|
PennyMoon NFTs
|
0,01 BNB
6,17 $
|
0.0% | 0.0% | 0.0% |
|
12,34 $
0,02 BNB
|
0,41 BNB
249,83 $
|
- | ||
| - |
|
PFP GEN2
|
0,48 SOL
40,24 $
|
3.3% | 16.1% | 22.1% |
|
401 957 $
4 796 SOL
|
2,94 SOL
246,22 $
|
4 | ||
| - |
|
Based OnChain Punks
|
0,005 ETH
12,33 $
|
0.2% | 18.3% | 53.3% |
|
123 337 $
54,2 ETH
|
0,11 ETH
241,1 $
|
5 | ||
| - |
|
Loud Lords
|
0,092 SOL
7,74 $
|
50.1% | 20.1% | 44.1% |
|
7 805,91 $
93,14 SOL
|
2,86 SOL
239,82 $
|
13 | ||
| - |
|
D1srupt0r
|
0,31 SOL
26,08 $
|
0.3% | 22.0% | 209.7% |
|
86 910 $
1 037 SOL
|
2,84 SOL
237,91 $
|
8 | ||
| - |
|
Wassieverse
|
1,35 SOL
113,26 $
|
47.3% | 48.6% | 80.9% |
|
291 634 $
3 480 SOL
|
2,82 SOL
236,53 $
|
3 | ||
| - |
|
Puffsterz
|
2,51 SOL
210,1 $
|
7.1% | 19.5% | 4.2% |
|
396 461 $
4 731 SOL
|
2,8 SOL
234,66 $
|
1 | ||
| - |
|
SolidSkulls
|
0,37 SOL
31,39 $
|
0.3% | 131.2% | 131.2% |
|
62 865 $
750,12 SOL
|
2,8 SOL
234,57 $
|
7 | ||
| - |
|
LuckySea.gg
|
0,47 SOL
39,24 $
|
7.1% | 5.4% | 5.2% |
|
81 337 $
970,54 SOL
|
2,79 SOL
233,84 $
|
4 | ||
| - |
|
CryptoUndeads
|
0,43 SOL
35,78 $
|
0.0% | 23.5% | 90.8% |
|
357 747 $
4 269 SOL
|
2,76 SOL
231,13 $
|
6 | ||
| - |
|
Oblivion by Nullish
|
0,005 BTC
376,54 $
|
0.0% | 29.1% | 33.9% |
|
208 603 $
2,71 BTC
|
0,003 BTC
231,01 $
|
1 | ||
| - |
|
$DOG | Ordinals - SZN II B9-450x
|
0,004 BTC
308,01 $
|
0.0% | 111.6% | 67.4% |
|
0 zł
0 BTC
|
0,003 BTC
231,01 $
|
1 | ||
| - |
|
DogePunks
|
0,0004 BTC
26,95 $
|
45.8% | 0.0% | 16.7% |
|
269 506 $
3,5 BTC
|
0,003 BTC
230,93 $
|
11 | ||
| - |
|
Fomojis 2.0
|
0,002 BTC
152,46 $
|
0.0% | 15.7% | 5.9% |
|
306 299 $
3,98 BTC
|
0,003 BTC
229,47 $
|
1 | ||
| - |
|
The Seven Seas: Captain
|
0,39 SOL
32,57 $
|
0.6% | 11.9% | 1.1% |
|
410 158 $
4 894 SOL
|
2,74 SOL
229,33 $
|
8 | ||
| - |
|
V3 Phunks
|
0,002 ETH
3,86 $
|
0.1% | 0.1% | 0.1% |
|
38 632 $
16,98 ETH
|
0,1 ETH
227,56 $
|
1 | ||
| - |
|
McLaren MSO LAB Genesis
|
0,021 ETH
48,68 $
|
12.0% | 13.2% | 51.9% |
|
96 133 $
42,25 ETH
|
0,099 ETH
226,18 $
|
5 | ||
| - |
|
The Long Lost
|
0,018 ETH
40,55 $
|
12.1% | 5.5% | 38.5% |
|
405 477 $
178,19 ETH
|
0,099 ETH
225,97 $
|
7 | ||
| - |
|
Bando Kids
|
0,3 SOL
24,84 $
|
5.8% | 54.7% | 45.8% |
|
82 789 $
987,87 SOL
|
2,7 SOL
225,9 $
|
2 | ||
| - |
|
Kagami
|
0,2 ETH
455,12 $
|
189.9% | 189.9% | 106.2% |
|
406 422 $
178,6 ETH
|
0,099 ETH
225,28 $
|
1 | ||
| - |
|
Pome Survival Companion Pet
|
0,3 BNB
185,01 $
|
0.0% | 0.0% | 696.1% |
|
556 138 $
901,8 BNB
|
0,35 BNB
215,83 $
|
6 | ||
| - |
|
Sword of Grandia
|
0,016 ETH
36,41 $
|
38.2% | 84.0% | 80.0% |
|
18 204,78 $
8 ETH
|
0,093 ETH
211,86 $
|
8 | ||
| - |
|
$DOG | Ordinals - SZN I Genesis
|
0,004 BTC
300,31 $
|
0.0% | 2.5% | 11.7% |
|
1 651 689 $
21,45 BTC
|
0,003 BTC
211,75 $
|
1 | ||
| - |
|
Volted Dragons Sailors Club - VDSC
|
0,041 ETH
93,77 $
|
5.0% | 41.7% | 61.9% |
|
411 663 $
180,9 ETH
|
0,093 ETH
210,75 $
|
2 | ||
| - |
|
PoorTraits
|
0,0002 BTC
15,4 $
|
4.8% | 20.0% | 23.1% |
|
0 zł
0 BTC
|
0,003 BTC
210,21 $
|
13 | ||
| - |
|
Psychedelics Anonymous Genesis
|
0,027 ETH
60,5 $
|
5.7% | 25.5% | 10.9% |
|
580 497 $
255,1 ETH
|
0,092 ETH
210,27 $
|
4 | ||
| - |
|
$DOG | Genesis
|
0,004 BTC
300,31 $
|
0.0% | 2.5% | 11.7% |
|
1 651 689 $
21,45 BTC
|
0,003 BTC
211,75 $
|
1 | ||
| - |
|
Solarians
|
2,03 SOL
170,04 $
|
20.8% | 15.4% | 32.6% |
|
1 683 036 $
20 083 SOL
|
2,5 SOL
209,51 $
|
1 | ||
| - |
|
CETS ON CRECK
|
0,51 SOL
43,04 $
|
0.0% | 78.1% | 77.8% |
|
300 050 $
3 580 SOL
|
2,48 SOL
208,01 $
|
4 | ||
| - |
|
G*BOY Badges
|
0,4 SOL
33,34 $
|
0.1% | 4.4% | 42.1% |
|
50 003 $
596,66 SOL
|
2,47 SOL
207 $
|
1 | ||
| - |
|
Grand Arena Booster Box
|
520 RON
49,41 $
|
3.7% | 1.0% | 29.4% |
|
140 575 $
1 479 400 RON
|
2 158 RON
205,06 $
|
4 | ||
| - |
|
Thetan Hero
|
1 BNB
616,7 $
|
0.0% | 0.0% | 900.0% |
|
219 641 915 $
356 158 BNB
|
0,33 BNB
203,97 $
|
22 | ||
| - |
|
Broadside
|
0,008 ETH
18,3 $
|
1.8% | 21.3% | 8.7% |
|
131 783 $
57,91 ETH
|
0,09 ETH
203,89 $
|
25 | ||
| - |
|
Planets
|
0,003 BTC
198,31 $
|
0.0% | 22.9% | 102.6% |
|
0 zł
0 BTC
|
0,003 BTC
198,31 $
|
1 | ||
| - |
|
MathVerse Land
|
5 BNB
3 083,49 $
|
0.0% | 5278.8% | 7860.7% |
|
7 708 725 $
12 500 BNB
|
0,32 BNB
196,93 $
|
1 | ||
| - |
|
Runestone
|
0,001 BTC
106,88 $
|
0.0% | 3.7% | 28.6% |
|
12 013 144 $
156,01 BTC
|
0,003 BTC
195,59 $
|
2 | ||
| - |
|
Peepos
|
0,003 BTC
231,01 $
|
0.0% | 40.0% | 40.0% |
|
97 022 $
1,26 BTC
|
0,003 BTC
194,81 $
|
2 | ||
| - |
|
The Royals
|
0,0004 BTC
28,88 $
|
0.0% | 3.0% | 3.8% |
|
291 067 $
3,78 BTC
|
0,002 BTC
191,04 $
|
7 | ||
| - |
|
Haxz
|
0,39 SOL
32,55 $
|
4.8% | 15.4% | 27.4% |
|
108 490 $
1 295 SOL
|
2,28 SOL
190,66 $
|
4 | ||
| - |
|
The Wicked Craniums
|
0,008 ETH
19,04 $
|
0.0% | 1.1% | 2.9% |
|
204 859 $
90,02 ETH
|
0,084 ETH
190,54 $
|
10 | ||
| - |
|
Nuclear Nerds of the Accidental Apocalypse
|
0,008 ETH
17,96 $
|
0.1% | 56.9% | 4.8% |
|
161 562 $
71 ETH
|
0,084 ETH
190,24 $
|
15 | ||
| - |
|
Proud Kitty Gang
|
0,5 BNB
308,35 $
|
0.0% | 0.0% | 696.1% |
|
1 531 261 $
2 483 BNB
|
0,31 BNB
189,95 $
|
3 | ||
| - |
|
Adam Bomb Squad
|
0,015 ETH
34,13 $
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20.0% | 36.4% | 30.5% |
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853 349 $
375 ETH
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0,082 ETH
187,74 $
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6 | ||
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Trump Digital Trading Cards
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0,03 ETH
68,24 $
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2.2% | 4.0% | 206.7% |
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3 070 728 $
1 349 ETH
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0,081 ETH
185,15 $
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3 | ||
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Bitcoin Philately
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0,0007 BTC
51,59 $
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16.2% | 9.5% | 21.2% |
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0 zł
0 BTC
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0,002 BTC
184,8 $
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1 | ||
| - |
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Radbro Webring V2
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0,042 ETH
96,31 $
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17.7% | 49.2% | 63.7% |
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481 541 $
211,61 ETH
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0,078 ETH
178,41 $
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2 | ||
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Iron Paw Gang
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0,016 ETH
35,59 $
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0.0% | 0.4% | 0.9% |
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142 361 $
62,56 ETH
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0,078 ETH
178,09 $
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5 | ||
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10KTF Gucci Grail
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0,013 ETH
29,96 $
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11.6% | 5.7% | 16.2% |
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127 439 $
56 ETH
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0,078 ETH
177,72 $
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2 | ||
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My Pet Hooligan
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0,072 ETH
164,96 $
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0.7% | 5.5% | 5.8% |
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1 466 143 $
644,29 ETH
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0,078 ETH
177,5 $
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1 | ||
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alien frens
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0,03 ETH
68,04 $
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6.8% | 88.0% | 54.2% |
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680 326 $
298,97 ETH
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0,078 ETH
176,73 $
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3 | ||
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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