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 |
Pudgy Penguins
Ethereum
|
11,77 ETH
34.276 $
|
3.7% |
104.603 ETH
304.648.845 $
|
561,28 ETH
1.634.703 $
|
47 | 0.2% | ||||
2 |
Kanpai Pandas
Ethereum
|
1,26 ETH
3.653,55 $
|
7.0% |
10.073 ETH
29.100.524 $
|
503,30 ETH
1.453.970 $
|
391 | 0.4% | ||||
3 |
Azuki
Ethereum
|
Cumpărare
|
5,29 ETH
15.398,85 $
|
6.5% |
52.890 ETH
153.988.457 $
|
375,46 ETH
1.093.153 $
|
74 | 0.1% | |||
4 |
Bored Ape Yacht Club
Ethereum
|
Cumpărare
|
13,77 ETH
40.101 $
|
6.1% |
137.662 ETH
400.932.683 $
|
307,18 ETH
894.632 $
|
22 | 0.0% | |||
5 |
Mall Street SPL404
Solana
|
0,72 SOL
102,53 $
|
17.7% |
4.017 SOL
570.777 $
|
5.466 SOL
776.571 $
|
7.090 | 0.0% | ||||
6 |
IO: Imaginary Ones
Ethereum
|
0,63 ETH
1.819,74 $
|
46.8% |
5.555 ETH
16.173.842 $
|
227,44 ETH
662.213 $
|
307 | 3.5% | ||||
7 |
Bitcoin Puppets
Bitcoin
|
0,18 BTC
11.165,52 $
|
8.4% |
1.810 BTC
111.666.339 $
|
8,11 BTC
500.451 $
|
41 | 0.1% | ||||
8 |
Mutant Ape Yacht Club
Ethereum
|
Cumpărare
|
2,55 ETH
7.417,97 $
|
4.1% |
49.649 ETH
144.598.423 $
|
165,76 ETH
482.757 $
|
64 | 0.0% | |||
9 |
NodeMonkes
Bitcoin
|
0,30 BTC
18.292,66 $
|
4.2% |
2.950 BTC
182.926.601 $
|
7,65 BTC
474.185 $
|
26 | 0.1% | ||||
10 |
Captainz
Ethereum
|
3,00 ETH
8.728,56 $
|
0.1% |
29.967 ETH
87.276.885 $
|
154,21 ETH
449.132 $
|
51 | 0.1% | ||||
11 |
Milady Maker
Ethereum
|
Cumpărare
|
4,37 ETH
12.650,25 $
|
3.7% |
43.604 ETH
126.224.183 $
|
150,24 ETH
434.904 $
|
33 | 0.2% | |||
12 |
Redacted Remilio Babies
Ethereum
|
1,44 ETH
4.179,34 $
|
11.3% |
14.347 ETH
41.785.053 $
|
133,94 ETH
390.079 $
|
90 | 0.0% | ||||
13 |
Lil Pudgys
Ethereum
|
0,99 ETH
2.848,42 $
|
3.7% |
21.355 ETH
61.691.179 $
|
132,73 ETH
383.445 $
|
135 | 0.0% | ||||
14 |
Honey Comb
Ethereum
|
0,22 ETH
631,71 $
|
30.0% |
3.561 ETH
10.372.624 $
|
129,69 ETH
377.704 $
|
541 | 1.3% | ||||
15 |
Solana Monkey Business
Solana
|
29,92 SOL
4.314,96 $
|
12.4% |
149.381 SOL
21.544.614 $
|
2.380 SOL
343.323 $
|
77 | 0.0% | ||||
16 |
Candy Collective: Genesis Collection
Ethereum
|
0,39 ETH
1.143,32 $
|
6.0% |
789,80 ETH
2.286.649 $
|
116,22 ETH
336.479 $
|
290 | 0.4% | ||||
17 |
Pixels - Farm Land
Ethereum
|
1,30 ETH
3.798,74 $
|
13.0% |
6.524 ETH
18.993.710 $
|
114,37 ETH
333.010 $
|
77 | 1.9% | ||||
18 |
Bored Ape Kennel Club
Ethereum
|
0,42 ETH
1.215,38 $
|
18.8% |
4.014 ETH
11.670.060 $
|
114,20 ETH
332.046 $
|
242 | 0.5% | ||||
19 |
CryptoPunks
Ethereum
|
Cumpărare
|
39,75 ETH
114.987 $
|
2.7% |
397.262 ETH
1.149.182.688 $
|
113,39 ETH
328.010 $
|
3 | 0.0% | |||
20 |
Pixelmon
Ethereum
|
1,25 ETH
3.645,30 $
|
8.3% |
15.733 ETH
45.806.860 $
|
81,26 ETH
236.596 $
|
43 | 0.1% | ||||
21 |
Azuki Elementals
Ethereum
|
0,47 ETH
1.353,70 $
|
4.8% |
7.506 ETH
21.710.674 $
|
77,98 ETH
225.573 $
|
125 | 0.2% | ||||
22 |
Ultiverse - Electric Sheep
Ethereum
|
0,87 ETH
2.501,76 $
|
3.8% |
6.062 ETH
17.512.324 $
|
77,27 ETH
223.229 $
|
90 | 0.4% | ||||
23 |
BEANZ Official
Ethereum
|
0,26 ETH
748,50 $
|
8.5% |
5.127 ETH
14.932.480 $
|
71,08 ETH
207.025 $
|
274 | 0.3% | ||||
24 |
Forked Nouns
Ethereum
|
36,75 ETH
106.854 $
|
0.7% |
17.346 ETH
50.435.283 $
|
71,00 ETH
206.440 $
|
2 | 0.0% | ||||
25 |
MATR1X KUKU
Ethereum
|
1,64 ETH
4.753,93 $
|
8.1% |
10.899 ETH
31.689.705 $
|
69,13 ETH
200.996 $
|
42 | 0.4% | ||||
26 |
DeGods
Ethereum
|
Cumpărare
|
2,19 ETH
6.378,23 $
|
1.7% |
19.688 ETH
57.340.270 $
|
65,72 ETH
191.393 $
|
31 | 0.2% | |||
27 |
WHAT THE FFFF
Ethereum
|
0,011 ETH
31,99 $
|
0.0% |
11,00 ETH
31.995 $
|
59,34 ETH
172.586 $
|
- | 0.0% | ||||
28 |
mfers
Ethereum
|
0,37 ETH
1.072,91 $
|
2.9% |
3.697 ETH
10.749.441 $
|
56,47 ETH
164.198 $
|
145 | 0.1% | ||||
29 |
Rumble Kong League
Ethereum
|
0,22 ETH
640,55 $
|
29.0% |
2.200 ETH
6.405.482 $
|
55,66 ETH
162.056 $
|
255 | 0.6% | ||||
30 |
Doodles
Ethereum
|
1,88 ETH
5.475,37 $
|
2.7% |
18.796 ETH
54.742.788 $
|
52,13 ETH
151.817 $
|
25 | 0.1% | ||||
31 |
Mocaverse
Ethereum
|
3,48 ETH
10.118,46 $
|
5.7% |
30.930 ETH
89.932.862 $
|
48,93 ETH
142.269 $
|
14 | 0.1% | ||||
32 |
Forgotten Runes Wizards Cult
Ethereum
|
0,47 ETH
1.354,53 $
|
21.9% |
4.365 ETH
12.610.701 $
|
48,90 ETH
141.264 $
|
99 | 0.4% | ||||
33 |
Mad Lads
Solana
|
67,05 SOL
9.648,20 $
|
2.8% |
668.210 SOL
96.153.993 $
|
741,26 SOL
106.666 $
|
10 | 0.2% | ||||
34 |
Ordinal Maxi Biz (OMB)
Bitcoin
|
0,37 BTC
22.881 $
|
3.6% |
774,90 BTC
48.050.788 $
|
1,63 BTC
100.949 $
|
4 | 0.0% | ||||
35 |
Mutantmon
Solana
|
1,40 SOL
199,69 $
|
10.9% |
14.000 SOL
1.995.916 $
|
626,72 SOL
89.348 $
|
421 | 0.0% | ||||
36 |
Sappy Seals
Ethereum
|
0,50 ETH
1.447,48 $
|
3.5% |
4.969 ETH
14.470.449 $
|
27,37 ETH
79.721 $
|
55 | 0.3% | ||||
37 |
Emby
Ethereum
|
0,25 ETH
723,28 $
|
2.9% |
687,17 ETH
1.989.027 $
|
27,30 ETH
79.012 $
|
114 | 0.2% | ||||
38 |
Clone X
Ethereum
|
0,55 ETH
1.601,84 $
|
6.5% |
10.779 ETH
31.392.823 $
|
26,92 ETH
78.401 $
|
39 | 0.2% | ||||
39 |
RSIC METAPROTOCOL
Bitcoin
|
0,023 BTC
1.411,95 $
|
21.5% |
478,17 BTC
29.650.852 $
|
1,25 BTC
77.660 $
|
48 | 0.0% | ||||
40 |
Rune Pups
Bitcoin
|
0,035 BTC
2.162,25 $
|
18.0% |
375,83 BTC
23.304.778 $
|
1,25 BTC
77.526 $
|
35 | 3.1% | ||||
41 |
Pirate Nation - Founder's Pirates
Ethereum
|
1,02 ETH
2.966,32 $
|
3.3% |
10.187 ETH
29.660.209 $
|
22,89 ETH
66.646 $
|
23 | 0.1% | ||||
42 |
Lasogette
Ethereum
|
0,33 ETH
960,85 $
|
3.7% |
2.572 ETH
7.439.863 $
|
21,95 ETH
63.498 $
|
67 | 0.3% | ||||
43 |
RG Bytes
Ethereum
|
0,34 ETH
994,98 $
|
0.6% |
1.720 ETH
4.973.907 $
|
21,39 ETH
61.878 $
|
64 | 0.2% | ||||
44 |
Persona
Ethereum
|
0,21 ETH
605,79 $
|
4.1% |
1.846 ETH
5.376.351 $
|
20,71 ETH
60.309 $
|
102 | 0.1% | ||||
45 |
Bitcoin Frogs
Bitcoin
|
0,060 BTC
3.720,54 $
|
11.8% |
600,00 BTC
37.205.410 $
|
0,97 BTC
59.920 $
|
16 | 0.3% | ||||
46 |
PORSCHE 911
Ethereum
|
0,21 ETH
606,70 $
|
25.3% |
493,87 ETH
1.433.643 $
|
20,02 ETH
58.107 $
|
91 | 0.4% | ||||
47 |
Solcasino.io
Solana
|
22,22 SOL
3.204,71 $
|
8.1% |
111.100 SOL
16.023.547 $
|
391,87 SOL
56.519 $
|
17 | 0.0% | ||||
48 |
Froganas
Solana
|
1,23 SOL
174,54 $
|
0.3% |
6.822 SOL
969.565 $
|
376,61 SOL
53.525 $
|
305 | 0.3% | ||||
49 |
L3E7 Worlds
Ethereum
|
4,45 ETH
12.960,33 $
|
4.3% |
2.670 ETH
7.776.196 $
|
17,54 ETH
51.084 $
|
4 | 0.0% | ||||
50 |
Checks - VV Edition
Ethereum
|
0,23 ETH
669,86 $
|
13.5% |
1.237 ETH
3.603.844 $
|
16,56 ETH
48.230 $
|
71 | 0.2% | ||||
51 |
Azra Games - The Hopeful
Ethereum
|
1,34 ETH
3.914,31 $
|
3.7% |
7.466 ETH
21.743.991 $
|
16,56 ETH
48.215 $
|
13 | 0.1% | ||||
52 |
Chromie Squiggle by Snowfro
Ethereum
|
5,25 ETH
15.166,56 $
|
1.0% |
52.469 ETH
151.574.624 $
|
16,45 ETH
47.522 $
|
3 | 0.0% | ||||
53 |
Winds of Yawanawa by Yawanawa and Refik Anadol
Ethereum
|
4,58 ETH
13.338,94 $
|
12.1% |
4.580 ETH
13.338.943 $
|
15,72 ETH
45.775 $
|
4 | 0.0% | ||||
54 |
Tensorians
Solana
|
13,39 SOL
1.926,50 $
|
4.4% |
118.725 SOL
17.084.234 $
|
313,14 SOL
45.060 $
|
23 | 0.5% | ||||
55 |
Runestone
Bitcoin
|
0,009 BTC
545,62 $
|
14.5% |
989,01 BTC
61.327.389 $
|
0,72 BTC
44.927 $
|
80 | 0.0% | ||||
56 |
DeGods (Solana)
Solana
|
43,92 SOL
6.237,63 $
|
0.5% |
167.273 SOL
23.759.135 $
|
296,68 SOL
42.140 $
|
7 | 0.0% | ||||
57 |
Imaginary Rides
Ethereum
|
0,049 ETH
141,76 $
|
38.7% |
680,10 ETH
1.968.810 $
|
14,56 ETH
42.137 $
|
219 | 3.3% | ||||
58 |
Moonbirds
Ethereum
|
0,72 ETH
2.087,53 $
|
5.5% |
7.170 ETH
20.875.350 $
|
13,94 ETH
40.576 $
|
19 | 0.0% | ||||
59 |
PalioAI Aura
Ethereum
|
0,31 ETH
896,91 $
|
10.7% |
1.033 ETH
2.989.408 $
|
13,64 ETH
39.455 $
|
43 | 0.6% | ||||
60 |
Muraqqa
Ethereum
|
4,50 ETH
13.054,84 $
|
12.8% |
499,50 ETH
1.449.088 $
|
12,79 ETH
37.105 $
|
4 | 3.8% | ||||
61 |
CyberKongz Genkai (Ethereum)
Ethereum
|
0,067 ETH
195,07 $
|
18.8% |
871,40 ETH
2.537.074 $
|
12,49 ETH
36.366 $
|
171 | 0.8% | ||||
62 |
Prometheans
Bitcoin
|
0,010 BTC
637,95 $
|
1.6% |
216,05 BTC
13.396.924 $
|
0,55 BTC
33.874 $
|
53 | 0.1% | ||||
63 |
Celestine Sloth Society
Stargaze
|
214.999 STARS
4.048,51 $
|
1.8% |
537.497.500 STARS
10.121.263 $
|
1.726.411 STARS
32.509 $
|
8 | 0.1% | ||||
64 |
Generative Dungeon
Ethereum
|
0,045 ETH
130,14 $
|
6.5% |
134,88 ETH
390.430 $
|
11,16 ETH
32.293 $
|
2 | 0.3% | ||||
65 |
BoredMilady
Ethereum
|
0,035 ETH
101,33 $
|
41.7% |
240,84 ETH
697.267 $
|
10,92 ETH
31.603 $
|
231 | 0.3% | ||||
66 |
Cross the Ages - Arkhante Booster Premium Pack
Polygon POS
|
0,14 ETH
393,21 $
|
8.8% |
700,40 ETH
2.025.037 $
|
10,63 ETH
30.731 $
|
30 | 0.4% | ||||
67 |
Blond
Ethereum
|
2,67 ETH
7.747,29 $
|
3.5% |
42,72 ETH
123.957 $
|
10,47 ETH
30.380 $
|
4 | 0.0% | ||||
68 |
CyberKongz (Babies)
Ethereum
|
0,84 ETH
2.426,65 $
|
0.0% |
3.360 ETH
9.706.600 $
|
9,82 ETH
28.368 $
|
13 | 0.1% | ||||
69 |
Async Blueprints
Ethereum
|
0,005 ETH
14,52 $
|
0.0% |
121,11 ETH
351.721 $
|
9,65 ETH
28.025 $
|
1 | 0.0% | ||||
70 |
INK
Bitcoin
|
0,010 BTC
603,33 $
|
0.9% |
97,90 BTC
6.033.336 $
|
0,45 BTC
27.862 $
|
48 | 0.2% | ||||
71 |
Wolf Game
Ethereum
|
0,16 ETH
460,03 $
|
28.5% |
2.023 ETH
5.889.765 $
|
8,67 ETH
25.243 $
|
37 | 0.0% | ||||
72 |
HV-MTL
Ethereum
|
0,063 ETH
182,85 $
|
5.0% |
1.781 ETH
5.186.649 $
|
8,65 ETH
25.177 $
|
121 | 0.0% | ||||
73 |
KILLABITS
Ethereum
|
0,085 ETH
246,57 $
|
11.6% |
282,97 ETH
821.810 $
|
8,50 ETH
24.676 $
|
89 | 1.2% | ||||
74 |
Peplicator by Matt Furie
Ethereum
|
0,060 ETH
174,11 $
|
15.0% |
1.319 ETH
3.841.796 $
|
8,29 ETH
24.144 $
|
137 | 0.2% | ||||
75 |
SchizoPosters
Ethereum
|
0,70 ETH
2.012,87 $
|
4.0% |
3.870 ETH
11.179.488 $
|
8,30 ETH
23.978 $
|
12 | 0.0% | ||||
76 |
Skyborne - NexianGems
Ethereum
|
1,08 ETH
3.158,78 $
|
0.5% |
3.616 ETH
10.528.201 $
|
8,17 ETH
23.788 $
|
8 | 0.1% | ||||
77 |
Saku Monsters Generation I
Solana
|
0,71 SOL
101,22 $
|
15.3% |
12.121 SOL
1.722.619 $
|
164,97 SOL
23.446 $
|
137 | 0.0% | ||||
78 |
RTFKT Animus Egg 🥚
Ethereum
|
0,13 ETH
392,88 $
|
17.2% |
2.338 ETH
6.809.465 $
|
7,94 ETH
23.125 $
|
54 | 0.0% | ||||
79 |
VeeFriends
Ethereum
|
0,94 ETH
2.712,65 $
|
2.2% |
9.629 ETH
27.818.176 $
|
7,96 ETH
22.991 $
|
9 | 0.0% | ||||
80 |
Quantum Cats
Bitcoin
|
0,37 BTC
22.838 $
|
3.1% |
1.234 BTC
76.120.423 $
|
0,37 BTC
22.863 $
|
1 | 0.0% | ||||
81 |
Worldwide Webb Land
Ethereum
|
0,19 ETH
544,17 $
|
6.5% |
1.777 ETH
5.173.986 $
|
7,70 ETH
22.413 $
|
9 | 0.1% | ||||
82 |
Wolf Game - Genesis Land
Ethereum
|
0,030 ETH
87,46 $
|
0.5% |
601,99 ETH
1.746.864 $
|
7,39 ETH
21.455 $
|
15 | 0.1% | ||||
83 |
The Potatoz
Ethereum
|
1,90 ETH
5.524,89 $
|
2.4% |
18.968 ETH
55.243.327 $
|
7,36 ETH
21.430 $
|
4 | 0.1% | ||||
84 |
DigiDaigaku
Ethereum
|
2,59 ETH
7.537,75 $
|
0.4% |
5.233 ETH
15.241.323 $
|
7,16 ETH
20.853 $
|
3 | 0.3% | ||||
85 |
Natcats
Bitcoin
|
0,029 BTC
1.785,86 $
|
0.3% |
232,24 BTC
14.401.173 $
|
0,34 BTC
20.834 $
|
11 | 0.1% | ||||
86 |
Kanpai Pandas Infinity Collection
Ethereum
|
4,59 ETH
13.364,54 $
|
0.0% |
1.147 ETH
3.341.136 $
|
7,11 ETH
20.707 $
|
2 | 0.0% | ||||
87 |
Claynosaurz
Solana
|
13,52 SOL
1.920,35 $
|
0.1% |
135.200 SOL
19.203.526 $
|
140,72 SOL
19.987,58 $
|
10 | 0.1% | ||||
88 |
Land
Ethereum
|
0,030 ETH
87,11 $
|
0.5% |
601,99 ETH
1.739.750 $
|
6,89 ETH
19.925,77 $
|
11 | 0.1% | ||||
89 |
Checks
Ethereum
|
0,14 ETH
406,34 $
|
14.6% |
798,56 ETH
2.317.755 $
|
6,72 ETH
19.510,60 $
|
29 | 0.2% | ||||
90 |
Yogurt Verse
Ethereum
|
0,91 ETH
2.632,00 $
|
15.7% |
291,20 ETH
842.239 $
|
6,45 ETH
18.643,21 $
|
7 | 0.0% | ||||
91 |
Aurory
Solana
|
5,14 SOL
741,44 $
|
5.6% |
51.372 SOL
7.409.184 $
|
125,81 SOL
18.144,52 $
|
24 | 0.4% | ||||
92 |
TOPIA Worlds
Ethereum
|
0,83 ETH
2.397,09 $
|
3.4% |
8.297 ETH
23.968.514 $
|
6,28 ETH
18.136,90 $
|
7 | 0.0% | ||||
93 |
Sword of Grandia
Ethereum
|
0,30 ETH
871,59 $
|
11.9% |
150,00 ETH
435.796 $
|
6,07 ETH
17.632,00 $
|
23 | 1.6% | ||||
94 |
Band Bears
Ethereum
|
6,60 ETH
19.190,18 $
|
0.0% |
7.669 ETH
22.298.990 $
|
6,05 ETH
17.591,00 $
|
1 | 0.0% | ||||
95 |
Alpha Gate
Ethereum
|
4,00 ETH
11.649,73 $
|
6.8% |
2.060 ETH
5.999.612 $
|
6,00 ETH
17.474,60 $
|
1 | 0.2% | ||||
96 |
Sproto Gremlins
Ethereum
|
0,37 ETH
1.075,81 $
|
8.8% |
1.232 ETH
3.582.458 $
|
5,91 ETH
17.187,42 $
|
16 | 0.2% | ||||
97 |
OverTrip Founder's ID
Ethereum
|
0,20 ETH
575,40 $
|
11.9% |
175,82 ETH
510.951 $
|
5,86 ETH
17.017,83 $
|
33 | 0.7% | ||||
98 |
RΞMNANTS
Ethereum
|
6,90 ETH
20.089 $
|
21.3% |
1.725 ETH
5.022.312 $
|
5,69 ETH
16.566,35 $
|
1 | 0.0% | ||||
99 |
World of Women
Ethereum
|
0,43 ETH
1.250,24 $
|
0.0% |
4.300 ETH
12.502.403 $
|
5,60 ETH
16.282,58 $
|
14 | 0.0% | ||||
100 |
Otherdeed for Otherside
Ethereum
|
0,21 ETH
621,04 $
|
0.0% |
10.072 ETH
29.326.158 $
|
5,47 ETH
15.925,48 $
|
21 | 0.0% |
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.