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 |
CryptoPunks
Ethereum
|
Cumpărare
|
36,89 ETH
114.912 $
|
2.9% |
368.679 ETH
1.148.426.705 $
|
4.120 ETH
12.833.718 $
|
4 | 0.0% | |||
2 |
Bored Ape Yacht Club
Ethereum
|
Cumpărare
|
14,45 ETH
45.008 $
|
12.5% |
144.451 ETH
449.985.104 $
|
723,87 ETH
2.254.958 $
|
53 | 0.0% | |||
3 |
Mutant Ape Yacht Club
Ethereum
|
Cumpărare
|
2,46 ETH
7.657,01 $
|
10.4% |
47.914 ETH
149.258.074 $
|
446,45 ETH
1.390.742 $
|
188 | 0.0% | |||
4 |
Pudgy Penguins
Ethereum
|
11,77 ETH
36.662 $
|
3.6% |
104.603 ETH
325.852.368 $
|
434,04 ETH
1.352.098 $
|
39 | 0.0% | ||||
5 |
Redacted Remilio Babies
Ethereum
|
1,75 ETH
5.451,22 $
|
11.0% |
17.497 ETH
54.501.250 $
|
423,12 ETH
1.317.997 $
|
230 | 2.3% | ||||
6 |
NodeMonkes
Bitcoin
|
0,37 BTC
23.114 $
|
34.2% |
3.650 BTC
231.144.521 $
|
20,64 BTC
1.306.771 $
|
57 | 0.1% | ||||
7 |
Milady Maker
Ethereum
|
Cumpărare
|
5,02 ETH
15.641,11 $
|
3.8% |
50.100 ETH
156.066.968 $
|
267,99 ETH
834.841 $
|
51 | 0.8% | |||
8 |
Azuki
Ethereum
|
Cumpărare
|
4,10 ETH
12.765,19 $
|
1.4% |
40.980 ETH
127.651.886 $
|
247,53 ETH
771.064 $
|
46 | 0.1% | |||
9 |
Froganas
Solana
|
2,23 SOL
319,46 $
|
3.2% |
12.369 SOL
1.774.612 $
|
4.564 SOL
654.750 $
|
1.759 | 0.2% | ||||
10 |
Bitcoin Puppets
Bitcoin
|
0,33 BTC
20.581 $
|
1.5% |
3.250 BTC
205.834.196 $
|
9,76 BTC
618.256 $
|
30 | 0.0% | ||||
11 |
Captainz
Ethereum
|
3,30 ETH
10.291,89 $
|
1.1% |
33.037 ETH
102.908.652 $
|
168,68 ETH
525.442 $
|
50 | 0.1% | ||||
12 |
Rune Pups
Bitcoin
|
0,081 BTC
5.130,69 $
|
22.1% |
873,02 BTC
55.298.580 $
|
7,28 BTC
461.188 $
|
80 | 0.2% | ||||
13 |
My Pet Hooligan
Ethereum
|
0,47 ETH
1.451,65 $
|
2.2% |
4.142 ETH
12.902.303 $
|
131,46 ETH
409.518 $
|
249 | 0.1% | ||||
14 |
Mad Lads
Solana
|
89,94 SOL
12.965,38 $
|
0.3% |
896.341 SOL
129.212.988 $
|
2.664 SOL
384.084 $
|
27 | 0.0% | ||||
15 |
Doodles
Ethereum
|
1,51 ETH
4.697,63 $
|
5.5% |
15.077 ETH
46.966.884 $
|
116,53 ETH
363.008 $
|
75 | 0.2% | ||||
16 |
Mocaverse
Ethereum
|
3,98 ETH
12.398,25 $
|
5.0% |
35.374 ETH
110.195.635 $
|
107,40 ETH
334.572 $
|
27 | 0.3% | ||||
17 |
Prometheans
Bitcoin
|
0,057 BTC
3.609,65 $
|
26.7% |
1.197 BTC
75.802.737 $
|
4,90 BTC
310.553 $
|
80 | 0.3% | ||||
18 |
Ordinal Maxi Biz (OMB)
Bitcoin
|
0,43 BTC
27.034 $
|
13.8% |
896,49 BTC
56.772.261 $
|
4,86 BTC
308.081 $
|
10 | 0.3% | ||||
19 |
DeGods
Ethereum
|
Cumpărare
|
1,71 ETH
5.320,39 $
|
4.2% |
15.355 ETH
47.830.271 $
|
97,55 ETH
303.865 $
|
59 | 0.0% | |||
20 |
Kanpai Pandas
Ethereum
|
1,61 ETH
5.024,67 $
|
4.0% |
12.836 ETH
39.986.354 $
|
89,80 ETH
279.743 $
|
51 | 0.3% | ||||
21 |
sharx by sharky.fi
Solana
|
3,00 SOL
432,47 $
|
5.4% |
30.324 SOL
4.371.388 $
|
1.784 SOL
257.233 $
|
579 | 0.9% | ||||
22 |
Lasogette
Ethereum
|
0,66 ETH
2.063,64 $
|
3.6% |
5.130 ETH
15.978.789 $
|
74,14 ETH
230.948 $
|
114 | 0.1% | ||||
23 |
Forked Nouns
Ethereum
|
36,75 ETH
114.476 $
|
0.7% |
17.346 ETH
54.032.446 $
|
71,00 ETH
221.164 $
|
2 | 0.0% | ||||
24 |
RSIC METAPROTOCOL
Bitcoin
|
0,036 BTC
2.311,91 $
|
6.4% |
766,48 BTC
48.550.202 $
|
3,34 BTC
211.285 $
|
80 | 0.3% | ||||
25 |
Lil Pudgys
Ethereum
|
0,98 ETH
3.063,74 $
|
4.9% |
21.295 ETH
66.336.057 $
|
61,67 ETH
192.114 $
|
66 | 0.0% | ||||
26 |
WHAT THE FFFF
Ethereum
|
0,011 ETH
34,27 $
|
0.0% |
11,00 ETH
34.270 $
|
59,34 ETH
184.858 $
|
- | 0.0% | ||||
27 |
Quantum Cats
Bitcoin
|
0,40 BTC
25.458 $
|
1.9% |
1.340 BTC
84.850.051 $
|
2,49 BTC
157.468 $
|
6 | 0.0% | ||||
28 |
MATR1X KUKU
Ethereum
|
1,51 ETH
4.703,62 $
|
3.1% |
10.066 ETH
31.354.331 $
|
48,91 ETH
152.347 $
|
33 | 0.0% | ||||
29 |
BEEPLE - SPRING/SUMMER COLLECTION 2021
Ethereum
|
8,55 ETH
26.633 $
|
10.3% |
4.369 ETH
13.609.556 $
|
45,26 ETH
140.991 $
|
4 | 0.4% | ||||
30 |
Persona
Ethereum
|
0,21 ETH
644,80 $
|
9.6% |
1.837 ETH
5.722.608 $
|
44,54 ETH
138.726 $
|
191 | 0.6% | ||||
31 |
PXQuest Adventurer
Ethereum
|
0,68 ETH
2.124,52 $
|
14.2% |
5.115 ETH
15.933.930 $
|
44,33 ETH
138.083 $
|
63 | 0.4% | ||||
32 |
PX Quest
Ethereum
|
0,68 ETH
2.124,42 $
|
14.2% |
5.115 ETH
15.933.123 $
|
44,33 ETH
138.076 $
|
63 | 0.5% | ||||
33 |
Pixelmon
Ethereum
|
1,56 ETH
4.856,19 $
|
0.0% |
19.589 ETH
61.022.864 $
|
44,10 ETH
137.387 $
|
29 | 0.1% | ||||
34 |
mfers
Ethereum
|
0,41 ETH
1.277,14 $
|
4.8% |
4.108 ETH
12.795.684 $
|
43,42 ETH
135.251 $
|
104 | 0.1% | ||||
35 |
AINN Rune Star
Bitcoin
|
0,0005 BTC
30,28 $
|
582.9% |
45,12 BTC
2.857.884 $
|
1,99 BTC
126.304 $
|
80 | 0.3% | ||||
36 |
QBX Founders Key
Ethereum
|
0,99 ETH
3.083,83 $
|
1.0% |
879,12 ETH
2.738.441 $
|
40,42 ETH
125.907 $
|
43 | 1.2% | ||||
37 |
Runestone
Bitcoin
|
0,023 BTC
1.449,77 $
|
9.1% |
2.573 BTC
162.953.968 $
|
1,95 BTC
123.661 $
|
80 | 0.1% | ||||
38 |
INK
Bitcoin
|
0,018 BTC
1.140,15 $
|
35.4% |
180,00 BTC
11.401.534 $
|
1,77 BTC
112.231 $
|
80 | 0.2% | ||||
39 |
Natcats
Bitcoin
|
0,033 BTC
2.058,61 $
|
29.0% |
262,08 BTC
16.600.634 $
|
1,73 BTC
109.547 $
|
56 | 0.2% | ||||
40 |
Bit Bears by Berachain
Ethereum
|
4,28 ETH
13.345,25 $
|
2.6% |
9.763 ETH
30.413.826 $
|
33,68 ETH
104.921 $
|
8 | 0.1% | ||||
41 |
Ultiverse - Electric Sheep
Ethereum
|
1,46 ETH
4.555,89 $
|
4.7% |
10.237 ETH
31.891.224 $
|
31,74 ETH
98.865 $
|
22 | 0.3% | ||||
42 |
TOPIA Worlds
Ethereum
|
0,69 ETH
2.161,80 $
|
17.9% |
6.939 ETH
21.615.800 $
|
29,53 ETH
91.979 $
|
39 | 0.8% | ||||
43 |
Pixels - Farm Land
Ethereum
|
1,67 ETH
5.198,90 $
|
1.8% |
8.345 ETH
25.994.509 $
|
29,20 ETH
90.944 $
|
16 | 0.1% | ||||
44 |
Opepen Edition
Ethereum
|
0,15 ETH
463,53 $
|
7.7% |
2.381 ETH
7.416.520 $
|
27,91 ETH
86.935 $
|
111 | 0.2% | ||||
45 |
Chromie Squiggle by Snowfro
Ethereum
|
5,90 ETH
18.379,31 $
|
10.5% |
58.965 ETH
183.682.858 $
|
26,95 ETH
83.960 $
|
4 | 0.1% | ||||
46 |
Clone X
Ethereum
|
0,52 ETH
1.613,56 $
|
2.6% |
10.150 ETH
31.616.089 $
|
26,90 ETH
83.788 $
|
47 | 0.0% | ||||
47 |
Parallel Avatars
Ethereum
|
0,71 ETH
2.206,90 $
|
14.6% |
7.794 ETH
24.278.119 $
|
26,09 ETH
81.257 $
|
38 | 0.3% | ||||
48 |
SchizoPosters
Ethereum
|
0,52 ETH
1.619,87 $
|
3.5% |
2.888 ETH
8.996.767 $
|
23,84 ETH
74.279 $
|
44 | 1.8% | ||||
49 |
Meebits
Ethereum
|
0,59 ETH
1.852,82 $
|
2.7% |
11.895 ETH
37.054.581 $
|
23,28 ETH
72.509 $
|
41 | 0.1% | ||||
50 |
Overworld Incarna
Ethereum
|
1,35 ETH
4.204,60 $
|
5.6% |
8.099 ETH
25.227.601 $
|
23,01 ETH
71.686 $
|
16 | 0.2% | ||||
51 |
Proof of Narnian NFT
Ethereum
|
0,66 ETH
2.061,91 $
|
24.9% |
2.206 ETH
6.872.345 $
|
21,16 ETH
65.912 $
|
41 | 0.0% | ||||
52 |
The Doggies (Snoop Dogg)
Ethereum
|
0,023 ETH
71,62 $
|
0.0% |
229,99 ETH
716.166 $
|
19,81 ETH
61.681 $
|
3 | 0.0% | ||||
53 |
rektguy
Ethereum
|
0,44 ETH
1.377,20 $
|
4.9% |
3.897 ETH
12.138.660 $
|
19,50 ETH
60.750 $
|
45 | 0.0% | ||||
54 |
CyberV
Ethereum
|
0,33 ETH
1.025,50 $
|
23.3% |
685,20 ETH
2.129.970 $
|
19,53 ETH
60.723 $
|
46 | 0.5% | ||||
55 |
Otherdeed for Otherside
Ethereum
|
0,19 ETH
579,10 $
|
7.0% |
8.778 ETH
27.345.582 $
|
17,95 ETH
55.931 $
|
89 | 0.0% | ||||
56 |
Solana Monkey Business
Solana
|
36,86 SOL
5.313,51 $
|
3.7% |
184.039 SOL
26.530.334 $
|
369,34 SOL
53.243 $
|
11 | 0.2% | ||||
57 |
CyberKongz (Babies)
Ethereum
|
0,92 ETH
2.865,78 $
|
3.2% |
3.680 ETH
11.463.127 $
|
17,08 ETH
53.218 $
|
19 | 0.2% | ||||
58 |
AI predicts 2050
Ethereum
|
0,008 ETH
24,83 $
|
77.8% |
44,00 ETH
136.561 $
|
16,50 ETH
51.210 $
|
3 | 0.0% | ||||
59 |
Tensorians
Solana
|
14,40 SOL
2.075,56 $
|
11.1% |
127.699 SOL
18.406.105 $
|
351,98 SOL
50.733 $
|
24 | 0.8% | ||||
60 |
Skyborne - NexianGems
Ethereum
|
0,95 ETH
2.950,04 $
|
4.9% |
3.156 ETH
9.832.469 $
|
15,84 ETH
49.344 $
|
17 | 0.4% | ||||
61 |
Azuki Elementals
Ethereum
|
0,40 ETH
1.242,88 $
|
0.3% |
6.291 ETH
19.597.686 $
|
15,28 ETH
47.605 $
|
36 | 0.1% | ||||
62 |
Bitcoin Wizards
Bitcoin
|
0,25 BTC
16.021,80 $
|
1.6% |
338,51 BTC
21.437.166 $
|
0,75 BTC
47.369 $
|
3 | 0.0% | ||||
63 |
Coolman's Universe
Ethereum
|
0,083 ETH
258,56 $
|
14.9% |
829,75 ETH
2.584.789 $
|
15,10 ETH
47.030 $
|
170 | 0.6% | ||||
64 |
Azra Games - The Hopeful
Ethereum
|
1,30 ETH
4.043,24 $
|
33.3% |
7.210 ETH
22.460.222 $
|
15,06 ETH
46.918 $
|
13 | 0.4% | ||||
65 |
Emby
Ethereum
|
0,28 ETH
873,63 $
|
11.0% |
775,23 ETH
2.402.486 $
|
14,82 ETH
45.921 $
|
51 | 0.2% | ||||
66 |
Ape Odyssey
Bitcoin
|
0,008 BTC
513,07 $
|
18.1% |
40,50 BTC
2.565.345 $
|
0,68 BTC
43.134 $
|
70 | 0.7% | ||||
67 |
Genuine Undead
Ethereum
|
0,054 ETH
167,59 $
|
1.8% |
539,76 ETH
1.675.211 $
|
13,75 ETH
42.684 $
|
222 | 2.1% | ||||
68 |
RG Bytes
Ethereum
|
0,32 ETH
996,53 $
|
4.5% |
1.599 ETH
4.981.666 $
|
13,62 ETH
42.441 $
|
42 | 0.1% | ||||
69 |
Cool Cats
Ethereum
|
0,42 ETH
1.302,13 $
|
5.0% |
4.167 ETH
12.979.608 $
|
13,38 ETH
41.681 $
|
31 | 0.0% | ||||
70 |
Muraqqa
Ethereum
|
4,50 ETH
14.012,55 $
|
12.8% |
499,50 ETH
1.555.393 $
|
12,79 ETH
39.827 $
|
4 | 3.8% | ||||
71 |
Bitcoin Frogs
Bitcoin
|
0,072 BTC
4.584,89 $
|
4.9% |
724,00 BTC
45.848.941 $
|
0,63 BTC
39.636 $
|
9 | 0.1% | ||||
72 |
Rune Doors
Bitcoin
|
0,008 BTC
493,32 $
|
20.0% |
77,90 BTC
4.933.194 $
|
0,62 BTC
39.527 $
|
80 | 0.7% | ||||
73 |
Parallel
Ethereum
|
0,0000 ETH
0,00096405 $
|
2.8% |
0,0004 ETH
1,23 $
|
12,49 ETH
38.760 $
|
106 | 0.0% | ||||
74 |
Terraforms by Mathcastles
Ethereum
|
1,06 ETH
3.300,49 $
|
1.4% |
10.501 ETH
32.711.142 $
|
11,36 ETH
35.372 $
|
11 | 0.2% | ||||
75 |
Sugartown Oras
Ethereum
|
0,15 ETH
453,56 $
|
4.7% |
963,14 ETH
3.000.326 $
|
11,26 ETH
35.082 $
|
83 | 0.0% | ||||
76 |
DigiDaigaku
Ethereum
|
3,10 ETH
9.649,27 $
|
0.1% |
6.264 ETH
19.510.832 $
|
11,26 ETH
35.075 $
|
4 | 0.1% | ||||
77 |
Async Blueprints
Ethereum
|
0,007 ETH
21,79 $
|
0.0% |
169,55 ETH
527.726 $
|
11,15 ETH
34.704 $
|
5 | 0.0% | ||||
78 |
OnChainShiba
Ethereum
|
0,100 ETH
309,99 $
|
0.0% |
299,64 ETH
929.963 $
|
11,10 ETH
34.450 $
|
2 | 0.7% | ||||
79 |
Blond
Ethereum
|
2,67 ETH
8.331,14 $
|
3.5% |
42,72 ETH
133.298 $
|
10,47 ETH
32.669 $
|
4 | 0.0% | ||||
80 |
Tiny Vikings
Bitcoin
|
0,005 BTC
310,38 $
|
14.0% |
98,00 BTC
6.207.502 $
|
0,46 BTC
29.180 $
|
80 | 0.3% | ||||
81 |
Rare Sats
Bitcoin
|
0,0000 BTC
0,00063279 $
|
0.0% |
0 BTC
0,00 RON
|
0,45 BTC
28.567 $
|
80 | 0.8% | ||||
82 |
BEEPLE: EVERYDAYS - THE 2020 COLLECTION
Ethereum
|
11,85 ETH
36.914 $
|
18.5% |
8.544 ETH
26.615.271 $
|
9,00 ETH
28.036 $
|
1 | 0.0% | ||||
83 |
Sappy Seals
Ethereum
|
0,70 ETH
2.184,96 $
|
6.3% |
7.012 ETH
21.843.022 $
|
8,98 ETH
27.963 $
|
13 | 0.2% | ||||
84 |
The Wizards of Ord
Bitcoin
|
0,026 BTC
1.615,22 $
|
15.9% |
84,99 BTC
5.383.519 $
|
0,44 BTC
27.914 $
|
19 | 0.2% | ||||
85 |
Pizza Ninjas
Bitcoin
|
0,12 BTC
7.601,02 $
|
0.4% |
180,00 BTC
11.401.534 $
|
0,44 BTC
27.668 $
|
4 | 0.2% | ||||
86 |
Moonbirds
Ethereum
|
0,51 ETH
1.580,85 $
|
0.5% |
5.075 ETH
15.808.524 $
|
8,76 ETH
27.301 $
|
17 | 0.1% | ||||
87 |
Sproto Gremlins
Ethereum
|
0,35 ETH
1.090,30 $
|
7.9% |
1.166 ETH
3.630.693 $
|
8,73 ETH
27.183 $
|
27 | 0.6% | ||||
88 |
Claynosaurz
Solana
|
13,47 SOL
1.941,78 $
|
3.6% |
134.700 SOL
19.417.821 $
|
186,19 SOL
26.841 $
|
13 | 0.3% | ||||
89 |
RENGA
Ethereum
|
0,082 ETH
254,59 $
|
9.9% |
738,25 ETH
2.294.860 $
|
8,61 ETH
26.755 $
|
97 | 0.3% | ||||
90 |
O.P.I.U.M.
Bitcoin
|
0,46 BTC
29.137 $
|
9.5% |
357,42 BTC
22.639.646 $
|
0,42 BTC
26.540 $
|
1 | 0.5% | ||||
91 |
Candy Collective: Genesis Collection
Ethereum
|
0,57 ETH
1.769,31 $
|
0.4% |
1.136 ETH
3.538.617 $
|
8,43 ETH
26.259 $
|
18 | 0.2% | ||||
92 |
Solcasino.io
Solana
|
16,50 SOL
2.378,57 $
|
2.4% |
82.500 SOL
11.892.875 $
|
180,57 SOL
26.031 $
|
10 | 3.1% | ||||
93 |
Checks
Ethereum
|
0,20 ETH
622,72 $
|
2.6% |
1.140 ETH
3.551.972 $
|
8,32 ETH
25.927 $
|
31 | 0.6% | ||||
94 |
Honey Badgers
Bitcoin
|
0,022 BTC
1.387,19 $
|
9.6% |
219,00 BTC
13.871.866 $
|
0,40 BTC
25.500 $
|
19 | 0.1% | ||||
95 |
Bitcoin Punks
Bitcoin
|
0,024 BTC
1.519,85 $
|
5.9% |
240,00 BTC
15.198.544 $
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0,40 BTC
25.432 $
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16 | 0.1% | ||||
96 |
IO: Imaginary Ones
Ethereum
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1,05 ETH
3.265,38 $
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1.1% |
9.317 ETH
29.022.678 $
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8,04 ETH
25.044 $
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8 | 0.5% | ||||
97 |
Ninja Squad Official
Ethereum
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0,18 ETH
569,73 $
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9.5% |
1.625 ETH
5.063.162 $
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7,90 ETH
24.618 $
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41 | 0.1% | ||||
98 |
KILLABEARS
Ethereum
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0,54 ETH
1.692,68 $
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7.6% |
1.811 ETH
5.641.703 $
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7,73 ETH
24.094 $
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13 | 0.1% | ||||
99 |
Wassieverse
Ethereum
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0,016 ETH
48,66 $
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95.5% |
24,79 ETH
76.838 $
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7,63 ETH
23.653 $
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54 | 1.0% | ||||
100 |
Bored Ape Kennel Club
Ethereum
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0,51 ETH
1.585,52 $
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0.0% |
4.887 ETH
15.224.210 $
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7,53 ETH
23.468 $
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15 | 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.