Prețurile Colecțiilor NFT de top clasificate în funcție de Volumul de tranzacționare pe 24 de ore
# | NFT | Preț minim | 24h% | Ultimele 7 zile | Capitalizare de piață | Volum în ultimele 24 ore | Vânzări în ultimele 24 de ore | Deținori în 24 de ore | |||
---|---|---|---|---|---|---|---|---|---|---|---|
1 |
Bored Ape Yacht Club
Ethereum
|
Cumpărare
|
14,24 ETH
41.551 $
|
0.8% |
142.422 ETH
415.424.508 $
|
735,64 ETH
2.145.763 $
|
47 | 0.1% | |||
2 |
NodeMonkes
Bitcoin
|
0,33 BTC
19.995,22 $
|
14.3% |
3.280 BTC
199.952.191 $
|
20,25 BTC
1.234.552 $
|
65 | 0.1% | ||||
3 |
Pudgy Penguins
Ethereum
|
11,54 ETH
33.662 $
|
0.8% |
102.567 ETH
299.191.073 $
|
418,34 ETH
1.220.309 $
|
36 | 0.0% | ||||
4 |
Mad Lads
Solana
|
65,30 SOL
9.532,71 $
|
11.5% |
650.780 SOL
95.003.010 $
|
5.892 SOL
860.155 $
|
89 | 0.6% | ||||
5 |
Mutant Ape Yacht Club
Ethereum
|
Cumpărare
|
2,54 ETH
7.420,60 $
|
1.0% |
49.590 ETH
144.649.750 $
|
269,78 ETH
786.925 $
|
105 | 0.0% | |||
6 |
Solana Monkey Business
Solana
|
32,00 SOL
4.671,47 $
|
20.2% |
159.776 SOL
23.324.634 $
|
3.676 SOL
536.694 $
|
120 | 0.3% | ||||
7 |
DeGods
Ethereum
|
Cumpărare
|
2,08 ETH
6.063,57 $
|
4.0% |
18.690 ETH
54.511.490 $
|
183,19 ETH
534.279 $
|
86 | 0.1% | |||
8 |
Quantum Cats
Bitcoin
|
0,41 BTC
25.073 $
|
10.6% |
1.371 BTC
83.569.628 $
|
7,21 BTC
439.521 $
|
17 | 0.2% | ||||
9 |
Azuki
Ethereum
|
Cumpărare
|
4,88 ETH
14.234,31 $
|
1.8% |
48.800 ETH
142.343.078 $
|
141,21 ETH
411.891 $
|
27 | 0.1% | |||
10 |
Bitcoin Puppets
Bitcoin
|
0,22 BTC
13.222,45 $
|
8.5% |
2.169 BTC
132.237.705 $
|
6,52 BTC
397.460 $
|
29 | 0.7% | ||||
11 |
Candy Collective: Genesis Collection
Ethereum
|
0,44 ETH
1.268,71 $
|
6.1% |
870,00 ETH
2.537.424 $
|
132,38 ETH
386.104 $
|
305 | 0.4% | ||||
12 |
Mutantmon
Solana
|
1,44 SOL
209,95 $
|
1.6% |
14.406 SOL
2.098.477 $
|
2.546 SOL
370.853 $
|
1.407 | 0.0% | ||||
13 |
Bitcoin Frogs
Bitcoin
|
0,075 BTC
4.557,41 $
|
12.3% |
747,59 BTC
45.574.082 $
|
5,83 BTC
355.593 $
|
80 | 0.3% | ||||
14 |
Mall Street SPL404
Solana
|
0,43 SOL
62,24 $
|
9.4% |
2.373 SOL
346.512 $
|
2.168 SOL
316.498 $
|
4.515 | 0.0% | ||||
15 |
Redacted Remilio Babies
Ethereum
|
1,53 ETH
4.456,39 $
|
2.5% |
15.275 ETH
44.554.971 $
|
103,94 ETH
303.178 $
|
69 | 0.0% | ||||
16 |
Lil Pudgys
Ethereum
|
0,93 ETH
2.706,99 $
|
1.0% |
20.099 ETH
58.628.054 $
|
96,18 ETH
280.571 $
|
101 | 0.1% | ||||
17 |
Rune Pups
Bitcoin
|
0,050 BTC
3.045,02 $
|
16.2% |
538,36 BTC
32.819.210 $
|
4,21 BTC
256.474 $
|
80 | 8.3% | ||||
18 |
Milady Maker
Ethereum
|
Cumpărare
|
4,34 ETH
12.656,44 $
|
1.3% |
43.295 ETH
126.285.953 $
|
83,09 ETH
242.365 $
|
19 | 0.2% | |||
19 |
CryptoPunks
Ethereum
|
Cumpărare
|
38,98 ETH
113.688 $
|
0.4% |
389.566 ETH
1.136.200.702 $
|
80,81 ETH
235.689 $
|
2 | 0.0% | |||
20 |
Forked Nouns
Ethereum
|
36,75 ETH
107.209 $
|
0.7% |
17.346 ETH
50.602.421 $
|
71,00 ETH
207.124 $
|
2 | 0.0% | ||||
21 |
Captainz
Ethereum
|
2,94 ETH
8.573,12 $
|
1.6% |
29.387 ETH
85.722.594 $
|
69,34 ETH
202.266 $
|
24 | 0.2% | ||||
22 |
IO: Imaginary Ones
Ethereum
|
1,40 ETH
4.083,61 $
|
6.9% |
12.443 ETH
36.295.151 $
|
62,21 ETH
181.465 $
|
46 | 0.3% | ||||
23 |
WHAT THE FFFF
Ethereum
|
0,011 ETH
32,08 $
|
0.0% |
11,00 ETH
32.080 $
|
59,34 ETH
173.048 $
|
- | 0.0% | ||||
24 |
Kanpai Pandas
Ethereum
|
1,59 ETH
4.628,83 $
|
3.0% |
12.640 ETH
36.868.650 $
|
59,14 ETH
172.509 $
|
38 | 0.2% | ||||
25 |
Ordinal Maxi Biz (OMB)
Bitcoin
|
0,38 BTC
23.019 $
|
3.2% |
792,95 BTC
48.339.277 $
|
2,28 BTC
139.034 $
|
4 | 0.1% | ||||
26 |
Azuki Elementals
Ethereum
|
0,46 ETH
1.335,88 $
|
3.4% |
7.338 ETH
21.404.853 $
|
45,50 ETH
132.725 $
|
77 | 0.0% | ||||
27 |
Froganas
Solana
|
1,14 SOL
166,62 $
|
7.7% |
6.338 SOL
925.578 $
|
794,70 SOL
116.051 $
|
660 | 0.6% | ||||
28 |
MATR1X KUKU
Ethereum
|
1,74 ETH
5.077,77 $
|
2.6% |
11.606 ETH
33.848.385 $
|
38,45 ETH
112.151 $
|
22 | 0.0% | ||||
29 |
Wrapped Cryptopunks
Ethereum
|
52,50 ETH
153.155 $
|
38.2% |
44.783 ETH
130.641.239 $
|
37,98 ETH
110.797 $
|
1 | 0.7% | ||||
30 |
mfers
Ethereum
|
0,40 ETH
1.166,52 $
|
3.3% |
4.007 ETH
11.687.320 $
|
30,43 ETH
88.776 $
|
65 | 0.0% | ||||
31 |
Prime Navigator
Ethereum
|
0,87 ETH
2.528,05 $
|
40.9% |
2.649 ETH
7.725.715 $
|
28,07 ETH
81.867 $
|
40 | 1.9% | ||||
32 |
RSIC METAPROTOCOL
Bitcoin
|
0,028 BTC
1.676,44 $
|
13.8% |
577,50 BTC
35.205.169 $
|
1,16 BTC
70.970 $
|
34 | 0.2% | ||||
33 |
DeGods (Solana)
Solana
|
44,13 SOL
6.443,45 $
|
1.2% |
166.410 SOL
24.298.266 $
|
474,20 SOL
69.239 $
|
11 | 0.0% | ||||
34 |
Lasogette
Ethereum
|
0,36 ETH
1.043,67 $
|
3.5% |
2.770 ETH
8.081.119 $
|
23,33 ETH
68.063 $
|
67 | 0.0% | ||||
35 |
TENJIN
Ethereum
|
0,17 ETH
507,48 $
|
12.6% |
1.392 ETH
4.059.348 $
|
23,23 ETH
67.765 $
|
131 | 3.0% | ||||
36 |
Polyverse Genesis
Ethereum
|
0,045 ETH
130,92 $
|
24.8% |
39,87 ETH
116.257 $
|
22,23 ETH
64.819 $
|
59 | 7.5% | ||||
37 |
RΞMNANTS
Ethereum
|
5,69 ETH
16.596,97 $
|
19.8% |
1.423 ETH
4.149.242 $
|
21,33 ETH
62.214 $
|
4 | 1.6% | ||||
38 |
Clone X
Ethereum
|
0,57 ETH
1.668,53 $
|
8.4% |
11.210 ETH
32.699.938 $
|
20,59 ETH
60.075 $
|
29 | 0.0% | ||||
39 |
ANIM.JP Official
Ethereum
|
0,015 ETH
43,46 $
|
0.0% |
97,81 ETH
285.316 $
|
19,84 ETH
57.870 $
|
9 | 0.0% | ||||
40 |
Sword of Grandia
Ethereum
|
0,26 ETH
757,26 $
|
6.6% |
130,00 ETH
378.629 $
|
18,69 ETH
54.422 $
|
76 | 6.6% | ||||
41 |
Bored Ape Kennel Club
Ethereum
|
0,52 ETH
1.522,62 $
|
2.9% |
5.012 ETH
14.620.227 $
|
18,44 ETH
53.788 $
|
36 | 0.0% | ||||
42 |
Doodles
Ethereum
|
1,79 ETH
5.221,40 $
|
0.6% |
17.896 ETH
52.203.566 $
|
17,94 ETH
52.336 $
|
10 | 0.0% | ||||
43 |
Ultiverse - Electric Sheep
Ethereum
|
0,99 ETH
2.881,32 $
|
2.0% |
6.915 ETH
20.169.213 $
|
17,56 ETH
51.208 $
|
18 | 0.1% | ||||
44 |
Runestone
Bitcoin
|
0,010 BTC
600,47 $
|
4.3% |
1.107 BTC
67.493.384 $
|
0,78 BTC
47.804 $
|
80 | 0.0% | ||||
45 |
My Pet Hooligan
Ethereum
|
0,37 ETH
1.073,41 $
|
3.0% |
3.271 ETH
9.540.440 $
|
15,99 ETH
46.642 $
|
42 | 0.0% | ||||
46 |
MoonCats - Acclimated
Ethereum
|
0,15 ETH
434,45 $
|
6.3% |
2.966 ETH
8.652.501 $
|
15,96 ETH
46.556 $
|
109 | 0.3% | ||||
47 |
Imaginary Rides
Ethereum
|
0,10 ETH
297,52 $
|
17.1% |
1.417 ETH
4.132.014 $
|
15,30 ETH
44.624 $
|
141 | 0.4% | ||||
48 |
Pixels - Farm Land
Ethereum
|
1,52 ETH
4.426,11 $
|
5.0% |
7.587 ETH
22.130.557 $
|
15,06 ETH
43.921 $
|
8 | 0.1% | ||||
49 |
Azra Games - The Hopeful
Ethereum
|
1,40 ETH
4.083,83 $
|
2.9% |
7.777 ETH
22.685.651 $
|
14,98 ETH
43.688 $
|
11 | 0.1% | ||||
50 |
PalioAI Aura
Ethereum
|
0,35 ETH
1.020,96 $
|
5.1% |
1.167 ETH
3.402.848 $
|
14,85 ETH
43.310 $
|
43 | 0.6% | ||||
51 |
Prometheans
Bitcoin
|
0,011 BTC
670,57 $
|
10.6% |
231,00 BTC
14.082.068 $
|
0,69 BTC
41.934 $
|
59 | 0.1% | ||||
52 |
RG Bytes
Ethereum
|
0,34 ETH
988,43 $
|
2.9% |
1.694 ETH
4.941.156 $
|
13,32 ETH
38.836 $
|
40 | 0.3% | ||||
53 |
Muraqqa
Ethereum
|
4,50 ETH
13.114,21 $
|
12.8% |
499,50 ETH
1.455.677 $
|
12,79 ETH
37.273 $
|
4 | 3.8% | ||||
54 |
Honey Comb
Ethereum
|
0,28 ETH
816,35 $
|
5.6% |
4.596 ETH
13.404.479 $
|
11,69 ETH
34.088 $
|
44 | 0.1% | ||||
55 |
Celestine Sloth Society
Stargaze
|
205.000 STARS
3.993,06 $
|
2.5% |
512.500.000 STARS
9.982.651 $
|
1.734.100 STARS
33.777 $
|
9 | 0.0% | ||||
56 |
Wolf Game
Ethereum
|
0,13 ETH
373,36 $
|
32.1% |
1.639 ETH
4.780.173 $
|
11,22 ETH
32.722 $
|
34 | 0.1% | ||||
57 |
BEANZ Official
Ethereum
|
0,29 ETH
840,10 $
|
0.7% |
5.746 ETH
16.760.020 $
|
11,06 ETH
32.252 $
|
35 | 0.0% | ||||
58 |
Pizza Ninjas
Bitcoin
|
0,13 BTC
7.679,29 $
|
0.7% |
188,95 BTC
11.518.928 $
|
0,51 BTC
31.125 $
|
4 | 0.0% | ||||
59 |
CyberV
Ethereum
|
0,39 ETH
1.137,85 $
|
11.7% |
810,03 ETH
2.363.311 $
|
10,65 ETH
31.080 $
|
29 | 1.4% | ||||
60 |
Baby Bears
Ethereum
|
12,50 ETH
36.465 $
|
0.0% |
7.113 ETH
20.748.860 $
|
10,48 ETH
30.573 $
|
1 | 0.0% | ||||
61 |
Blond
Ethereum
|
2,67 ETH
7.785,03 $
|
3.5% |
42,72 ETH
124.560 $
|
10,47 ETH
30.528 $
|
4 | 0.0% | ||||
62 |
Skyborne - NexianGems
Ethereum
|
1,10 ETH
3.208,55 $
|
11.2% |
3.666 ETH
10.694.097 $
|
10,39 ETH
30.306 $
|
10 | 0.1% | ||||
63 |
VeeFriends
Ethereum
|
0,99 ETH
2.887,60 $
|
1.0% |
10.152 ETH
29.612.389 $
|
10,38 ETH
30.279 $
|
11 | 0.0% | ||||
64 |
Alpha Gate
Ethereum
|
4,44 ETH
12.950,89 $
|
49.0% |
2.287 ETH
6.669.707 $
|
9,98 ETH
29.110 $
|
3 | 0.2% | ||||
65 |
Cool Cats
Ethereum
|
0,44 ETH
1.277,60 $
|
0.6% |
4.366 ETH
12.735.149 $
|
9,80 ETH
28.577 $
|
22 | 0.0% | ||||
66 |
Transdimensional Fox Federation
Solana
|
1,49 SOL
217,25 $
|
2.4% |
11.574 SOL
1.689.970 $
|
185,86 SOL
27.137 $
|
128 | 0.3% | ||||
67 |
QBX Founders Key
Ethereum
|
1,05 ETH
3.062,75 $
|
4.5% |
932,40 ETH
2.719.720 $
|
9,18 ETH
26.777 $
|
9 | 0.6% | ||||
68 |
Wolf Game - Genesis Land
Ethereum
|
0,030 ETH
87,91 $
|
59.4% |
602,19 ETH
1.755.746 $
|
8,88 ETH
25.896 $
|
36 | 0.2% | ||||
69 |
BEEPLE: EVERYDAYS - THE 2020 COLLECTION
Ethereum
|
7,50 ETH
21.876 $
|
7.1% |
5.408 ETH
15.772.955 $
|
8,80 ETH
25.668 $
|
1 | 0.3% | ||||
70 |
Bitcoin Punks
Bitcoin
|
0,024 BTC
1.475,20 $
|
1.7% |
241,99 BTC
14.751.961 $
|
0,42 BTC
25.408 $
|
17 | 0.1% | ||||
71 |
Land
Ethereum
|
0,030 ETH
87,90 $
|
59.6% |
602,19 ETH
1.755.641 $
|
8,68 ETH
25.314 $
|
35 | 0.2% | ||||
72 |
Mocaverse Lucky Neko
Ethereum
|
0,40 ETH
1.163,88 $
|
0.3% |
507,93 ETH
1.481.617 $
|
8,15 ETH
23.768 $
|
10 | 1.4% | ||||
73 |
alignDRAW
Ethereum
|
2,18 ETH
6.358,77 $
|
14.7% |
5.906 ETH
17.225.904 $
|
7,87 ETH
22.941 $
|
4 | 1.0% | ||||
74 |
Sappy Seals
Ethereum
|
0,49 ETH
1.429,26 $
|
4.5% |
4.899 ETH
14.288.328 $
|
7,46 ETH
21.769 $
|
15 | 0.2% | ||||
75 |
Early Retired Cats Club
Ethereum
|
0,37 ETH
1.074,72 $
|
2.5% |
712,17 ETH
2.074.217 $
|
7,43 ETH
21.630 $
|
22 | 0.3% | ||||
76 |
The Potatoz
Ethereum
|
1,90 ETH
5.532,75 $
|
2.4% |
18.968 ETH
55.321.987 $
|
7,36 ETH
21.460 $
|
4 | 0.1% | ||||
77 |
Rosentica: Starfall Travelers
Ethereum
|
0,064 ETH
186,31 $
|
7.1% |
383,40 ETH
1.117.832 $
|
7,14 ETH
20.817 $
|
118 | 0.1% | ||||
78 |
Bitcoin Wizards
Bitcoin
|
0,16 BTC
10.032,41 $
|
0.6% |
220,19 BTC
13.423.359 $
|
0,33 BTC
20.300 $
|
2 | 0.1% | ||||
79 |
BoredMilady
Ethereum
|
0,12 ETH
349,59 $
|
21.6% |
825,03 ETH
2.405.506 $
|
6,90 ETH
20.117 $
|
55 | 0.3% | ||||
80 |
Terraforms by Mathcastles
Ethereum
|
0,83 ETH
2.420,47 $
|
0.0% |
8.225 ETH
23.989.275 $
|
6,69 ETH
19.503,17 $
|
5 | 0.1% | ||||
81 |
Natcats
Bitcoin
|
0,028 BTC
1.706,31 $
|
0.0% |
225,71 BTC
13.759.660 $
|
0,32 BTC
19.363,09 $
|
11 | 0.4% | ||||
82 |
Portals
Solana
|
11,65 SOL
1.700,71 $
|
0.7% |
58.238 SOL
8.501.829 $
|
132,07 SOL
19.280,53 $
|
4 | 0.0% | ||||
83 |
Emby
Ethereum
|
0,26 ETH
744,46 $
|
1.5% |
701,25 ETH
2.047.255 $
|
6,54 ETH
19.091,95 $
|
26 | 0.1% | ||||
84 |
Paingelz
Solana
|
1,03 SOL
149,61 $
|
5.7% |
10.249 SOL
1.495.907 $
|
129,49 SOL
18.899,97 $
|
115 | 0.0% | ||||
85 |
PXQuest Adventurer
Ethereum
|
0,69 ETH
2.024,41 $
|
10.2% |
5.205 ETH
15.183.058 $
|
6,22 ETH
18.152,69 $
|
9 | 0.2% | ||||
86 |
PX Quest
Ethereum
|
0,69 ETH
2.024,33 $
|
8.9% |
5.205 ETH
15.182.455 $
|
6,22 ETH
18.151,97 $
|
9 | 0.2% | ||||
87 |
Otherdeed for Otherside
Ethereum
|
0,20 ETH
589,16 $
|
3.4% |
9.538 ETH
27.820.533 $
|
6,17 ETH
17.992,85 $
|
25 | 0.0% | ||||
88 |
Famous Fox Federation
Solana
|
5,62 SOL
820,71 $
|
0.2% |
43.707 SOL
6.382.667 $
|
122,90 SOL
17.948,26 $
|
21 | 0.1% | ||||
89 |
BEEPLE - SPRING/SUMMER COLLECTION 2021
Ethereum
|
7,00 ETH
20.418 $
|
9.4% |
3.577 ETH
10.433.760 $
|
5,99 ETH
17.472,25 $
|
1 | 0.0% | ||||
90 |
Saku Monsters Generation I
Solana
|
0,83 SOL
121,06 $
|
2.9% |
13.736 SOL
1.997.898 $
|
119,00 SOL
17.308,41 $
|
126 | 0.0% | ||||
91 |
Unisat OG Pass Collection
Bitcoin
|
0,28 BTC
16.990,42 $
|
0.0% |
38,50 BTC
2.344.678 $
|
0,27 BTC
16.442,34 $
|
1 | 0.5% | ||||
92 |
Age of Dino - Dinosty
Ethereum
|
0,41 ETH
1.195,79 $
|
8.8% |
2.052 ETH
5.983.757 $
|
5,15 ETH
15.027,60 $
|
12 | 34.3% | ||||
93 |
Chromie Squiggle by Snowfro
Ethereum
|
5,35 ETH
15.605,43 $
|
0.0% |
53.468 ETH
155.960.645 $
|
5,00 ETH
14.589,47 $
|
1 | 0.0% | ||||
94 |
Azuki Elemental Beans
Ethereum
|
0,76 ETH
2.208,07 $
|
1.1% |
4.078 ETH
11.894.861 $
|
4,93 ETH
14.380,15 $
|
2 | 0.3% | ||||
95 |
BTC DeGods
Bitcoin
|
0,24 BTC
14.317,18 $
|
0.0% |
0 BTC
0,00 RON
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0,24 BTC
14.317,18 $
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1 | 0.0% | ||||
96 |
GGSG: Galactic Geckos
Solana
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11,48 SOL
1.676,27 $
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0.0% |
114.800 SOL
16.762.725 $
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97,88 SOL
14.291,61 $
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6 | 0.0% | ||||
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TOPIA Worlds
Ethereum
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1,00 ETH
2.916,87 $
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23.5% |
9.999 ETH
29.165.747 $
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4,84 ETH
14.129,27 $
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5 | 0.1% | ||||
98 |
L3E7 Worlds
Ethereum
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4,62 ETH
13.476,05 $
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1.7% |
2.772 ETH
8.085.632 $
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4,67 ETH
13.621,93 $
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99 |
Ether Cards Founder
Ethereum
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0,075 ETH
218,29 $
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4.9% |
748,63 ETH
2.181.762 $
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4,64 ETH
13.514,74 $
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10 | 0.2% | ||||
100 |
Yogapetz
Ethereum
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0,41 ETH
1.195,30 $
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1.7% |
4.137 ETH
12.066.580 $
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4,60 ETH
13.405,33 $
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12 | 0.1% |
What Are NFTs?
A non-fungible token (NFT) is a digital asset or a unique identifier that assigns, links, or proves ownership of unique physical and digital goods. These goods can be anything ranging from artwork, music, digital real estate, or videos. In simple terms, NFTs are unique crypto tokens managed on a blockchain and they can be considered as modern-day collectibles. Each NFT is coded with a unique ID and other metadata that are impossible to replicate on other tokens. The blockchain acts as a decentralized ledger that is used to track the transaction history and ownership of the NFT, and this makes it difficult to be counterfeited or altered. Any digital object can become an NFT and anyone can make an NFT. To convert a digital object to an NFT, you just need to mint or put the object on the blockchain as a token and put the digital artwork for sale. NFT creators can choose to attach a commission to the file and get paid for every sale or resale of the file.
What is a NFT floor price?
Floor price refers to the lowest price for an NFT collection that someone can buy directly from the market. You can now track market data for NFT collections using our new API de date 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
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.