Kurzy kolekcie NFT s najlepším rankingom podľa trhovej kapitalizácie
| # | NFT | Minimálna cena | 24h | 7d | 30d | Posledných 7 dní | Trhová kapitalizácia | Objem za 24h | 24-hodinový predaj | |||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - |
|
Saga Monkes
|
0,70 SOL
50,65 $
|
0.4% | 8.3% | 10.2% |
|
506 499 $
7 049 SOL
|
1,25 SOL
89,90 $
|
2 | ||
| - |
|
STONES
|
0,0001 BTC
8,16 $
|
0.0% | 56.7% | 0.0% |
|
0,00 €
0 BTC
|
0,001 BTC
87,25 $
|
7 | ||
| - |
|
Mr. Crypto by Racksmafia
|
0,007 ETH
12,54 $
|
0.3% | 0.3% | 0.2% |
|
125 353 $
68,00 ETH
|
0,047 ETH
87,45 $
|
7 | ||
| - |
|
Non Fungible Tokens
|
0,40 SOL
28,73 $
|
14.7% | 26.5% | 15.0% |
|
95 761 $
1 333 SOL
|
1,15 SOL
82,73 $
|
3 | ||
| - |
|
Gib Meme Gigapack Memecards
|
0,022 SOL
1,56 $
|
12.8% | 13.0% | 31.0% |
|
100 610 $
1 400 SOL
|
1,15 SOL
82,45 $
|
35 | ||
| - |
|
GAMER Leets
|
1,00 BNB
574,76 $
|
0.0% | 33.3% | 961.4% |
|
5 747 605 $
10 000 BNB
|
0,14 BNB
80,49 $
|
1 | ||
| - |
|
bitmap
|
Kúpiť
|
0,0000 BTC
2,94 $
|
0.0% | 4.0% | 36.7% |
|
2 331 581 $
37,15 BTC
|
0,001 BTC
78,14 $
|
26 | |
| - |
|
The Warplets
|
0,002 ETH
4,22 $
|
4.0% | 45.8% | 13.6% |
|
207 407 $
112,51 ETH
|
0,043 ETH
80,00 $
|
19 | ||
| - |
|
Hoodilios
|
0,0009 ETH
1,74 $
|
1.4% | 59.9% | 82.5% |
|
10 758,29 $
5,84 ETH
|
0,043 ETH
79,46 $
|
42 | ||
| - |
|
My Curio Cards
|
0,043 ETH
79,27 $
|
0.0% | 2.4% | 12.2% |
|
1 694 464 $
919,17 ETH
|
0,043 ETH
79,27 $
|
1 | ||
| - |
|
CHOMSKY HONKS
|
0,51 SOL
36,57 $
|
0.0% | 0.0% | 0.0% |
|
48 896 $
680,51 SOL
|
1,10 SOL
79,04 $
|
1 | ||
| - |
|
Enigma by CyberSea x Vivid Gallery x OnChainMonkey®
|
0,003 BTC
201,49 $
|
0.0% | 16.6% | 114.0% |
|
0,00 €
0 BTC
|
0,001 BTC
75,95 $
|
1 | ||
| - |
|
This User... Banners
|
0,088 ETH
162,23 $
|
91.7% | 0.0% | 34.9% |
|
324 452 $
176,00 ETH
|
0,042 ETH
77,85 $
|
1 | ||
| - |
|
The Odyssey
|
0,001 BTC
62,77 $
|
0.0% | 0.0% | 0.0% |
|
62 707 $
1,00 BTC
|
0,001 BTC
75,32 $
|
3 | ||
| - |
|
notBanksyEchoes
|
0,033 ETH
61,33 $
|
0.0% | 0.0% | 0.0% |
|
121 009 $
65,64 ETH
|
0,042 ETH
77,43 $
|
2 | ||
| - |
|
Metaverse HQ
|
0,20 ETH
368,70 $
|
0.0% | 0.0% | 243.1% |
|
327 770 $
177,80 ETH
|
0,041 ETH
75,58 $
|
1 | ||
| - |
|
MidEvil
|
0,59 SOL
42,66 $
|
5.3% | 14.4% | 33.4% |
|
213 281 $
2 968 SOL
|
1,04 SOL
74,97 $
|
2 | ||
| - |
|
REDACTED Schizo Yuppies
|
0,25 SOL
18,08 $
|
0.8% | 10.0% | 18.9% |
|
32 118 $
446,99 SOL
|
1,03 SOL
74,32 $
|
2 | ||
| - |
|
The Sad Times NFT
|
0,028 ETH
52,35 $
|
4.4% | 4.4% | 16.9% |
|
174 498 $
94,66 ETH
|
0,040 ETH
73,92 $
|
2 | ||
| - |
|
Drifella 2
|
0,31 SOL
21,99 $
|
10.7% | 14.3% | 35.8% |
|
217 716 $
3 030 SOL
|
1,01 SOL
72,57 $
|
4 | ||
| - |
|
Play Solana NFT
|
0,89 SOL
64,27 $
|
0.0% | 0.5% | 6.1% |
|
128 548 $
1 789 SOL
|
1,01 SOL
72,57 $
|
1 | ||
| - |
|
Shadow Wolves
|
0,018 ETH
33,18 $
|
0.0% | 146.6% | 101.2% |
|
207 391 $
112,50 ETH
|
0,039 ETH
72,37 $
|
3 | ||
| - |
|
CakeMonsterLottery
|
0,15 BNB
86,21 $
|
0.0% | 0.0% | 0.0% |
|
211 397 $
367,80 BNB
|
0,13 BNB
72,17 $
|
- | ||
| - |
|
tiny based frogs
|
0,066 ETH
121,21 $
|
68.6% | 51.0% | 37.0% |
|
121 209 $
65,75 ETH
|
0,039 ETH
71,90 $
|
1 | ||
| - |
|
Cool Pets
|
0,012 ETH
21,66 $
|
0.0% | 0.0% | 3.5% |
|
419 874 $
227,76 ETH
|
0,038 ETH
69,48 $
|
4 | ||
| - |
|
Yield Hacker Pass YHP - Caio Vicentino
|
0,059 ETH
108,77 $
|
0.0% | 9.2% | 11.9% |
|
217 530 $
118,00 ETH
|
0,037 ETH
68,39 $
|
1 | ||
| - |
|
Cyber Frogs
|
0,53 SOL
38,03 $
|
0.8% | 12.3% | 27.2% |
|
307 580 $
4 281 SOL
|
0,93 SOL
66,82 $
|
2 | ||
| - |
|
Art Gobblers
|
0,016 ETH
29,47 $
|
0.0% | 0.2% | 39.5% |
|
258 860 $
140,42 ETH
|
0,036 ETH
66,55 $
|
5 | ||
| - |
|
alien frens
|
0,021 ETH
39,08 $
|
0.0% | 0.0% | 18.4% |
|
390 778 $
211,98 ETH
|
0,036 ETH
65,44 $
|
2 | ||
| - |
|
SOL Decoder
|
0,98 SOL
70,29 $
|
0.0% | 12.1% | 18.5% |
|
279 474 $
3 890 SOL
|
0,91 SOL
65,38 $
|
1 | ||
| - |
|
Based Ape Gang
|
0,009 ETH
17,27 $
|
4.9% | 0.3% | 22.2% |
|
38 375 $
20,82 ETH
|
0,035 ETH
64,69 $
|
4 | ||
| - |
|
BEST BEFORE by Lemonhaze x ORDINALLY
|
0,0005 BTC
30,02 $
|
0.0% | 40.0% | 40.0% |
|
0,00 €
0 BTC
|
0,001 BTC
62,77 $
|
1 | ||
| - |
|
OCM Katoshi Classic by OnChainMonkey®
|
0,0007 BTC
46,44 $
|
0.0% | 1.3% | 2.6% |
|
0,00 €
0 BTC
|
0,001 BTC
62,77 $
|
1 | ||
| - |
|
RSIC METAPROTOCOL
|
0,0007 BTC
46,78 $
|
0.0% | 14.2% | 16.2% |
|
982 359 $
15,65 BTC
|
0,001 BTC
62,77 $
|
1 | ||
| - |
|
BASC Collection
|
0,48 SOL
34,16 $
|
0.4% | 1.8% | 4.1% |
|
338 683 $
4 714 SOL
|
0,90 SOL
64,67 $
|
2 | ||
| - |
|
Aevon
|
0,073 SOL
5,23 $
|
0.0% | 0.0% | 16.6% |
|
11 671,06 $
162,43 SOL
|
0,88 SOL
63,23 $
|
6 | ||
| - |
|
0N1 FORCE: THE F4LL3N
|
0,0008 BTC
49,98 $
|
0.0% | 27.6% | 42.7% |
|
166 586 $
2,65 BTC
|
0,0008 BTC
49,96 $
|
1 | ||
| - |
|
FTW
|
0,0009 BTC
56,49 $
|
0.0% | 32.4% | 109.3% |
|
118 634 $
1,89 BTC
|
0,0010 BTC
60,26 $
|
1 | ||
| - |
|
Robinio Quants
|
0,0008 ETH
1,38 $
|
27.1% | 14.9% | 61.2% |
|
5 530,43 $
3,00 ETH
|
0,034 ETH
61,82 $
|
42 | ||
| - |
|
Robin Alpha
|
0,002 ETH
3,82 $
|
6.8% | 12.1% | 33.6% |
|
12 729,77 $
6,91 ETH
|
0,033 ETH
60,35 $
|
13 | ||
| - |
|
The Pandarianz
|
0,64 SOL
45,94 $
|
1.6% | 57.7% | 70.0% |
|
50 905 $
708,46 SOL
|
0,83 SOL
59,65 $
|
1 | ||
| - |
|
The Rune Guardians - Miners
|
0,0001 BTC
4,39 $
|
75.0% | 250.0% | 180.0% |
|
43 939 $
0,70 BTC
|
0,0009 BTC
57,62 $
|
16 | ||
| - |
|
PUMPKETS
|
0,088 SOL
6,35 $
|
10.0% | 71.1% | 71.1% |
|
6 924,02 $
96,36 SOL
|
0,82 SOL
58,94 $
|
9 | ||
| - |
|
Ordinal SigmaX
|
0,0001 BTC
6,90 $
|
11.3% | 11.3% | 11.4% |
|
6,90 $
0,0001 BTC
|
0,0009 BTC
56,99 $
|
5 | ||
| - |
|
Elements
|
0,075 SOL
5,38 $
|
12.5% | 50.0% | 50.0% |
|
53 802 $
748,78 SOL
|
0,81 SOL
58,49 $
|
11 | ||
| - |
|
Hoodini
|
0,002 ETH
4,08 $
|
14.9% | 39.1% | 67.9% |
|
4 769,71 $
2,59 ETH
|
0,031 ETH
58,01 $
|
18 | ||
| - |
|
Labubu NFT
|
1,11 SOL
79,40 $
|
21.2% | 50.0% | 50.0% |
|
7 939,76 $
110,50 SOL
|
0,80 SOL
57,48 $
|
1 | ||
| - |
|
GODL GANG
|
0,84 SOL
60,35 $
|
0.0% | 23.1% | 31.9% |
|
20 096 $
279,68 SOL
|
0,77 SOL
55,45 $
|
1 | ||
| - |
|
Anomaly
|
0,087 SOL
6,28 $
|
0.0% | 13.7% | 52.6% |
|
14 640,43 $
203,76 SOL
|
0,77 SOL
55,18 $
|
6 | ||
| - |
|
Ape Odyssey
|
0,0001 BTC
3,77 $
|
20.0% | 50.0% | 50.0% |
|
18 830,85 $
0,30 BTC
|
0,0008 BTC
53,23 $
|
17 | ||
| - |
|
1337 skulls
|
0,038 ETH
69,19 $
|
0.0% | 9.1% | 78.7% |
|
507 200 $
275,13 ETH
|
0,029 ETH
53,65 $
|
1 | ||
| - |
|
0N1 Force: The Fallen
|
0,0008 BTC
49,98 $
|
0.0% | 27.6% | 42.7% |
|
166 586 $
2,65 BTC
|
0,0008 BTC
49,96 $
|
1 | ||
| - |
|
Visions of the Void
|
0,013 ETH
23,97 $
|
0.0% | 19.7% | 25.7% |
|
106 501 $
57,77 ETH
|
0,028 ETH
51,43 $
|
3 | ||
| - |
|
D1srupt0r
|
0,19 SOL
13,83 $
|
0.0% | 4.4% | 33.9% |
|
46 104 $
641,64 SOL
|
0,71 SOL
51,15 $
|
3 | ||
| - |
|
MakersPlace
|
0,001 ETH
2,66 $
|
0.0% | 0.4% | 0.4% |
|
252 836 $
137,15 ETH
|
0,027 ETH
50,33 $
|
2 | ||
| - |
|
God Hates NFTees
|
0,039 ETH
71,32 $
|
0.0% | 7.6% | 28.4% |
|
358 190 $
194,30 ETH
|
0,027 ETH
50,33 $
|
1 | ||
| - |
|
Kreechures
|
0,42 SOL
30,05 $
|
0.0% | 0.0% | 41.4% |
|
119 505 $
1 663 SOL
|
0,70 SOL
50,30 $
|
1 | ||
| - |
|
Playbux Ultra
|
0,038 BNB
21,73 $
|
0.0% | 0.0% | 0.0% |
|
109 161 $
189,92 BNB
|
0,086 BNB
49,17 $
|
3 | ||
| - |
|
DUSTER GANG
|
0,74 SOL
53,21 $
|
0.0% | 1.1% | 0.9% |
|
118 230 $
1 645 SOL
|
0,68 SOL
48,85 $
|
1 | ||
| - |
|
Taurus Guard
|
0,22 SOL
15,84 $
|
4.5% | 8.7% | 5.8% |
|
158 436 $
2 205 SOL
|
0,68 SOL
48,86 $
|
3 | ||
| - |
|
Adderrels
|
0,0010 BTC
62,14 $
|
0.0% | 2.1% | 29.8% |
|
0,00 €
0 BTC
|
0,0008 BTC
47,08 $
|
1 | ||
| - |
|
Nakamigos CLOAKS
|
0,014 ETH
25,44 $
|
0.7% | 10.4% | 15.1% |
|
508 799 $
276,00 ETH
|
0,026 ETH
48,11 $
|
2 | ||
| - |
|
Frens Factory
|
0,17 SOL
12,25 $
|
0.0% | 0.5% | 20.8% |
|
53 770 $
748,33 SOL
|
0,66 SOL
47,42 $
|
1 | ||
| - |
|
Insurgence by Debauchery
|
0,0001 BTC
8,16 $
|
0.0% | 0.0% | 13.3% |
|
0,00 €
0 BTC
|
0,0007 BTC
45,19 $
|
6 | ||
| - |
|
Claynosaurz: Clay
|
0,25 SOL
17,96 $
|
9.0% | 8.7% | 23.4% |
|
412 774 $
5 745 SOL
|
0,64 SOL
46,28 $
|
2 | ||
| - |
|
adidas Originals Into the Metaverse
|
0,019 ETH
35,21 $
|
0.0% | 0.0% | 0.3% |
|
349 780 $
189,74 ETH
|
0,025 ETH
46,27 $
|
2 | ||
| - |
|
Warriors of Aradena
|
0,016 ETH
29,67 $
|
0.5% | 17.8% | 44.9% |
|
237 322 $
128,74 ETH
|
0,025 ETH
46,09 $
|
1 | ||
| - |
|
Apostles of Greed 🟠
|
0,0007 BTC
43,94 $
|
0.0% | 0.0% | 75.0% |
|
121 622 $
1,94 BTC
|
0,0007 BTC
43,94 $
|
1 | ||
| - |
|
FloraForms by Harto X Belvedere
|
0,0007 BTC
43,94 $
|
0.0% | 11.4% | 7.8% |
|
439 387 $
7,00 BTC
|
0,0007 BTC
43,94 $
|
1 | ||
| - |
|
Runelings
|
0,0003 BTC
21,96 $
|
0.0% | 2.8% | 10.3% |
|
0,00 €
0 BTC
|
0,0007 BTC
43,93 $
|
2 | ||
| - |
|
Based OnChain Dinos
|
0,008 ETH
14,82 $
|
2.4% | 6.5% | 9.1% |
|
29 643 $
16,08 ETH
|
0,024 ETH
44,11 $
|
3 | ||
| - |
|
Abstract Hotdogs
|
0,009 ETH
17,42 $
|
46.1% | 46.1% | 52.8% |
|
58 063 $
31,50 ETH
|
0,024 ETH
43,40 $
|
3 | ||
| - |
|
LP Doll
|
0,64 SOL
46,13 $
|
0.0% | 4.4% | 11.1% |
|
205 000 $
2 853 SOL
|
0,60 SOL
43,11 $
|
1 | ||
| - |
|
Gambulls
|
0,63 SOL
45,42 $
|
10.4% | 11.5% | 48.8% |
|
148 653 $
2 069 SOL
|
0,60 SOL
43,11 $
|
1 | ||
| - |
|
Rogues
|
0,32 SOL
23,08 $
|
3.1% | 9.6% | 48.9% |
|
76 916 $
1 070 SOL
|
0,60 SOL
43,13 $
|
2 | ||
| - |
|
SolPunks
|
0,42 SOL
30,39 $
|
24.5% | 1.8% | 22.3% |
|
303 778 $
4 228 SOL
|
0,60 SOL
42,75 $
|
1 | ||
| - |
|
Bitcoin Weirdos
|
0,0006 BTC
40,79 $
|
0.0% | 21.5% | 195.4% |
|
0,00 €
0 BTC
|
0,0006 BTC
40,79 $
|
1 | ||
| - |
|
Drilady
|
0,33 SOL
23,83 $
|
0.0% | 20.5% | 3.3% |
|
59 584 $
829,25 SOL
|
0,58 SOL
41,67 $
|
2 | ||
| - |
|
Trademark by Jack Butcher
|
0,016 ETH
30,00 $
|
14.8% | 32.1% | 30.2% |
|
300 044 $
162,76 ETH
|
0,022 ETH
41,35 $
|
1 | ||
| - |
|
Los Muertos World
|
0,012 ETH
22,67 $
|
0.0% | 26.8% | 87.2% |
|
226 725 $
122,99 ETH
|
0,022 ETH
40,47 $
|
2 | ||
| - |
|
Commoners
|
0,0006 BTC
39,54 $
|
0.0% | 0.0% | 34.0% |
|
395 385 $
6,30 BTC
|
0,0006 BTC
38,92 $
|
1 | ||
| - |
|
Honey Badgers
|
0,0008 BTC
53,35 $
|
0.0% | 21.4% | 6.2% |
|
533 535 $
8,50 BTC
|
0,0006 BTC
38,79 $
|
1 | ||
| - |
|
DigiBluntz
|
0,20 SOL
14,49 $
|
0.1% | 8.8% | 25.0% |
|
35 012 $
487,27 SOL
|
0,55 SOL
39,51 $
|
2 | ||
| - |
|
Homeowners Association (Parcl)
|
0,56 SOL
40,09 $
|
0.0% | 15.6% | 15.6% |
|
311 657 $
4 337 SOL
|
0,55 SOL
39,52 $
|
1 | ||
| - |
|
UP NFT Collection
|
0,065 BNB
37,36 $
|
0.0% | 0.0% | 0.0% |
|
186 797 $
325,00 BNB
|
0,068 BNB
39,18 $
|
- | ||
| - |
|
Full Moon Ordinals
|
0,001 BTC
81,60 $
|
9.2% | 9.2% | 0.0% |
|
163 935 $
2,61 BTC
|
0,0006 BTC
37,92 $
|
1 | ||
| - |
|
Froganas
|
Kúpiť
|
0,39 SOL
27,81 $
|
5.6% | 2.4% | 18.2% |
|
154 464 $
2 150 SOL
|
0,54 SOL
38,80 $
|
1 | |
| - |
|
Webkidz
|
0,12 SOL
8,57 $
|
0.0% | 48.8% | 29.9% |
|
27 618 $
384,36 SOL
|
0,54 SOL
38,65 $
|
3 | ||
| - |
|
INK
|
0,0006 BTC
36,90 $
|
0.0% | 17.6% | 22.7% |
|
369 022 $
5,88 BTC
|
0,0006 BTC
37,03 $
|
1 | ||
| - |
|
Quack Heads
|
0,31 SOL
22,50 $
|
1.0% | 19.2% | 41.9% |
|
44 986 $
626,09 SOL
|
0,53 SOL
37,94 $
|
2 | ||
| - |
|
Portals
|
0,20 SOL
14,38 $
|
0.0% | 8.7% | 10.0% |
|
215 599 $
3 001 SOL
|
0,53 SOL
37,72 $
|
3 | ||
| - |
|
Fine Pepes
|
0,0003 BTC
18,13 $
|
0.0% | 3.7% | 37.6% |
|
0,00 €
0 BTC
|
0,0006 BTC
36,27 $
|
2 | ||
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Persona
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0,030 ETH
55,30 $
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0.0% | 0.0% | 11.1% |
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490 825 $
266,25 ETH
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0,020 ETH
36,87 $
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1 | ||
| - |
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Blucamon
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10,00 BNB
5 747,60 $
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0.0% | 0.0% | 0.0% |
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127 849 724 $
222 440 BNB
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0,064 BNB
36,70 $
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4 | ||
| - |
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CryptoBatz by Ozzy Osbourne
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0,020 ETH
37,42 $
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0.0% | 0.5% | 0.2% |
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361 539 $
196,12 ETH
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0,020 ETH
36,69 $
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1 | ||
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Moonsters
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0,60 SOL
43,37 $
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7.8% | 7.8% | 30.9% |
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433 723 $
6 036 SOL
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0,51 SOL
36,65 $
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1 | ||
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Undead Genesis
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0,19 SOL
13,45 $
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0.1% | 0.1% | 4.9% |
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59 784 $
832,04 SOL
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0,51 SOL
36,50 $
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2 | ||
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Lost Miners of the Ether
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0,030 ETH
55,27 $
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0.0% | 0.0% | 0.0% |
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552 674 $
299,80 ETH
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0,020 ETH
35,95 $
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1 | ||
| - |
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SolidSkulls
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0,53 SOL
38,43 $
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0.0% | 0.0% | 19.0% |
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76 983 $
1 071 SOL
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0,50 SOL
35,92 $
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1 | ||
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CryptoArte
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0,019 ETH
35,58 $
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0.5% | 0.5% | 8.0% |
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351 450 $
190,65 ETH
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0,019 ETH
35,76 $
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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 Údaje NFT API.
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.