De största NFT-samlingarna på Ethereum rankade efter 24h handelsvolym
# | NFT | Minimipris | 24h% | Senaste 7 dagarna | Börsvärde | Volym 24 h | Försäljning 24h | Ägare senaste 24h | |||
---|---|---|---|---|---|---|---|---|---|---|---|
1 |
Azuki
Ethereum
|
Köp
|
5,16 ETH
16 199,92 $
|
7.2% |
51 580 ETH
161 999 221 $
|
1 645 ETH
5 167 953 $
|
314 | 0.4% | |||
2 |
Pixelmon
Ethereum
|
1,35 ETH
4 224,12 $
|
6.1% |
16 901 ETH
53 080 348 $
|
454,45 ETH
1 427 244 $
|
383 | 0.6% | ||||
3 |
Bored Ape Yacht Club
Ethereum
|
Köp
|
14,01 ETH
43 987 $
|
0.2% |
140 032 ETH
439 786 276 $
|
453,80 ETH
1 425 218 $
|
33 | 0.1% | |||
4 |
Pudgy Penguins
Ethereum
|
10,99 ETH
34 509 $
|
1.7% |
97 661 ETH
306 716 482 $
|
406,09 ETH
1 275 361 $
|
37 | 0.2% | ||||
5 |
Mutant Ape Yacht Club
Ethereum
|
Köp
|
2,72 ETH
8 542,80 $
|
5.0% |
53 021 ETH
166 524 897 $
|
292,44 ETH
918 490 $
|
109 | 0.0% | |||
6 |
Azuki Elementals
Ethereum
|
0,50 ETH
1 573,45 $
|
1.6% |
7 997 ETH
25 115 362 $
|
236,44 ETH
742 581 $
|
453 | 0.2% | ||||
7 |
CryptoPunks
Ethereum
|
Köp
|
37,99 ETH
119 317 $
|
0.3% |
379 672 ETH
1 192 450 132 $
|
192,50 ETH
604 592 $
|
4 | 0.0% | |||
8 |
Kanpai Pandas
Ethereum
|
1,57 ETH
4 927,31 $
|
5.9% |
12 496 ETH
39 246 005 $
|
128,10 ETH
402 300 $
|
84 | 0.1% | ||||
9 |
DeGods
Ethereum
|
Köp
|
1,75 ETH
5 496,29 $
|
14.2% |
15 732 ETH
49 411 644 $
|
116,17 ETH
364 863 $
|
70 | 0.3% | |||
10 |
Lil Pudgys
Ethereum
|
0,93 ETH
2 911,35 $
|
0.3% |
20 074 ETH
63 045 245 $
|
92,64 ETH
290 959 $
|
100 | 0.0% | ||||
11 |
Captainz
Ethereum
|
3,06 ETH
9 594,57 $
|
3.6% |
30 547 ETH
95 936 131 $
|
85,14 ETH
267 395 $
|
28 | 0.1% | ||||
12 |
Milady Maker
Ethereum
|
Köp
|
4,78 ETH
15 005,85 $
|
3.0% |
47 675 ETH
149 728 358 $
|
79,05 ETH
248 276 $
|
17 | 0.0% | |||
13 |
Forked Nouns
Ethereum
|
36,75 ETH
115 422 $
|
0.7% |
17 346 ETH
54 479 226 $
|
71,00 ETH
222 992 $
|
2 | 0.0% | ||||
14 |
Redacted Remilio Babies
Ethereum
|
1,64 ETH
5 148,72 $
|
6.1% |
16 391 ETH
51 476 876 $
|
64,82 ETH
203 562 $
|
37 | 0.1% | ||||
15 |
WHAT THE FFFF
Ethereum
|
0,011 ETH
34,47 $
|
0.0% |
11,00 ETH
34 468 $
|
59,34 ETH
185 927 $
|
- | 0.0% | ||||
16 |
BEANZ Official
Ethereum
|
0,31 ETH
986,13 $
|
4.7% |
6 264 ETH
19 673 266 $
|
57,83 ETH
181 633 $
|
168 | 0.3% | ||||
17 |
Moonbirds
Ethereum
|
0,78 ETH
2 443,37 $
|
7.3% |
7 780 ETH
24 433 652 $
|
49,27 ETH
154 723 $
|
65 | 0.0% | ||||
18 |
Doodles
Ethereum
|
1,49 ETH
4 676,37 $
|
0.7% |
14 887 ETH
46 754 374 $
|
45,68 ETH
143 464 $
|
30 | 0.1% | ||||
19 |
Lasogette
Ethereum
|
0,45 ETH
1 428,66 $
|
6.1% |
3 522 ETH
11 062 152 $
|
44,15 ETH
138 646 $
|
96 | 0.1% | ||||
20 |
Ultiverse - Electric Sheep
Ethereum
|
1,08 ETH
3 376,16 $
|
8.6% |
7 525 ETH
23 633 112 $
|
43,49 ETH
136 578 $
|
44 | 0.7% | ||||
21 |
Terraforms by Mathcastles
Ethereum
|
0,84 ETH
2 623,46 $
|
5.0% |
8 279 ETH
26 001 089 $
|
33,88 ETH
106 401 $
|
40 | 0.2% | ||||
22 |
TENJIN
Ethereum
|
0,20 ETH
642,28 $
|
5.7% |
1 636 ETH
5 137 604 $
|
28,06 ETH
88 137 $
|
142 | 0.1% | ||||
23 |
My Pet Hooligan
Ethereum
|
0,40 ETH
1 252,53 $
|
4.1% |
3 545 ETH
11 132 451 $
|
27,39 ETH
86 039 $
|
69 | 0.1% | ||||
24 |
Clone X
Ethereum
|
0,51 ETH
1 586,01 $
|
0.7% |
9 895 ETH
31 077 857 $
|
25,84 ETH
81 140 $
|
32 | 0.0% | ||||
25 |
The Crypt
Ethereum
|
0,043 ETH
133,84 $
|
0.0% |
286,57 ETH
892 209 $
|
24,18 ETH
75 292 $
|
14 | 0.2% | ||||
26 |
Ether Cards Founder
Ethereum
|
0,060 ETH
186,84 $
|
0.2% |
599,60 ETH
1 867 428 $
|
23,18 ETH
72 196 $
|
8 | 0.1% | ||||
27 |
Azra Games - The Hopeful
Ethereum
|
1,26 ETH
3 972,40 $
|
5.4% |
7 026 ETH
22 066 706 $
|
22,73 ETH
71 393 $
|
20 | 0.1% | ||||
28 |
SchizoPosters
Ethereum
|
0,65 ETH
2 048,62 $
|
6.9% |
3 623 ETH
11 378 046 $
|
21,78 ETH
68 418 $
|
30 | 0.3% | ||||
29 |
Mocaverse
Ethereum
|
3,95 ETH
12 404,34 $
|
0.0% |
35 103 ETH
110 249 785 $
|
19,50 ETH
61 241 $
|
5 | 0.1% | ||||
30 |
L3E7 Worlds
Ethereum
|
4,90 ETH
15 389,00 $
|
5.8% |
2 940 ETH
9 233 402 $
|
19,02 ETH
59 734 $
|
4 | 0.0% | ||||
31 |
Otherdeed for Otherside
Ethereum
|
0,22 ETH
675,26 $
|
0.2% |
10 153 ETH
31 886 381 $
|
18,94 ETH
59 493 $
|
83 | 0.0% | ||||
32 |
YouAreTheChampion
Ethereum
|
21,88 ETH
68 717 $
|
21.6% |
11 378 ETH
35 732 638 $
|
18,00 ETH
56 531 $
|
1 | 0.0% | ||||
33 |
Persona
Ethereum
|
0,25 ETH
771,05 $
|
4.9% |
2 179 ETH
6 843 075 $
|
16,04 ETH
50 389 $
|
66 | 0.0% | ||||
34 |
Skyborne - NexianGems
Ethereum
|
0,95 ETH
2 974,28 $
|
4.9% |
3 156 ETH
9 913 269 $
|
15,84 ETH
49 749 $
|
17 | 0.4% | ||||
35 |
Meebits
Ethereum
|
0,66 ETH
2 057,18 $
|
4.8% |
13 099 ETH
41 141 599 $
|
15,64 ETH
49 117 $
|
24 | 0.0% | ||||
36 |
Candy Collective: Genesis Collection
Ethereum
|
0,46 ETH
1 434,94 $
|
4.1% |
913,79 ETH
2 869 873 $
|
15,43 ETH
48 458 $
|
34 | 0.4% | ||||
37 |
CyberV
Ethereum
|
0,32 ETH
1 004,88 $
|
9.8% |
670,66 ETH
2 087 142 $
|
15,38 ETH
47 877 $
|
47 | 0.4% | ||||
38 |
Light Years
Ethereum
|
16,80 ETH
52 762 $
|
12.0% |
1 680 ETH
5 276 230 $
|
15,00 ETH
47 109 $
|
1 | 0.0% | ||||
39 |
mfers
Ethereum
|
0,39 ETH
1 224,84 $
|
0.1% |
3 907 ETH
12 271 662 $
|
14,39 ETH
45 190 $
|
34 | 0.1% | ||||
40 |
Cool Cats
Ethereum
|
0,46 ETH
1 440,91 $
|
3.7% |
4 573 ETH
14 363 023 $
|
14,08 ETH
44 222 $
|
29 | 0.0% | ||||
41 |
XocietyFrontier
Ethereum
|
0,11 ETH
351,66 $
|
4.6% |
441,94 ETH
1 375 352 $
|
13,80 ETH
42 931 $
|
99 | 0.9% | ||||
42 |
IO: Imaginary Ones
Ethereum
|
1,05 ETH
3 297,64 $
|
5.0% |
9 332 ETH
29 309 456 $
|
13,28 ETH
41 694 $
|
13 | 0.1% | ||||
43 |
The Memes by 6529
Ethereum
|
0,024 ETH
73,31 $
|
7.8% |
4,21 ETH
13 122,37 $
|
13,27 ETH
41 407 $
|
168 | 0.1% | ||||
44 |
PXQuest Adventurer
Ethereum
|
0,62 ETH
1 942,02 $
|
0.2% |
4 637 ETH
14 565 161 $
|
12,97 ETH
40 725 $
|
22 | 0.0% | ||||
45 |
Muraqqa
Ethereum
|
4,50 ETH
14 011,39 $
|
12.8% |
499,50 ETH
1 555 265 $
|
12,79 ETH
39 823 $
|
4 | 3.8% | ||||
46 |
MATR1X KUKU
Ethereum
|
1,95 ETH
6 124,44 $
|
14.9% |
12 999 ETH
40 825 500 $
|
12,59 ETH
39 554 $
|
7 | 0.2% | ||||
47 |
FLUF World
Ethereum
|
0,46 ETH
1 456,92 $
|
6.5% |
4 639 ETH
14 569 241 $
|
12,52 ETH
39 320 $
|
14 | 0.1% | ||||
48 |
Bit Bears by Berachain
Ethereum
|
4,18 ETH
13 128,28 $
|
2.0% |
9 526 ETH
29 919 353 $
|
12,40 ETH
38 942 $
|
3 | 0.1% | ||||
49 |
CryptoDickbutts
Ethereum
|
0,31 ETH
972,96 $
|
20.5% |
1 610 ETH
5 057 440 $
|
11,32 ETH
35 552 $
|
35 | 0.7% | ||||
50 |
PX Quest
Ethereum
|
0,62 ETH
1 942,08 $
|
0.2% |
4 638 ETH
14 565 632 $
|
11,17 ETH
35 072 $
|
19 | 0.1% | ||||
51 |
Radbro Webring V2
Ethereum
|
0,11 ETH
342,34 $
|
18.5% |
549,50 ETH
1 711 702 $
|
10,89 ETH
33 910 $
|
96 | 0.9% | ||||
52 |
Pixels - Farm Land
Ethereum
|
1,50 ETH
4 695,89 $
|
2.5% |
7 476 ETH
23 479 474 $
|
10,67 ETH
33 522 $
|
5 | 0.1% | ||||
53 |
Blond
Ethereum
|
2,67 ETH
8 340,35 $
|
3.5% |
42,72 ETH
133 446 $
|
10,47 ETH
32 705 $
|
4 | 0.0% | ||||
54 |
RTFKT Animus Egg 🥚
Ethereum
|
0,18 ETH
574,73 $
|
24.6% |
3 172 ETH
9 961 204 $
|
10,06 ETH
31 599 $
|
63 | 0.1% | ||||
55 |
Async Blueprints
Ethereum
|
0,010 ETH
31,11 $
|
42.9% |
242,22 ETH
753 535 $
|
10,01 ETH
31 152 $
|
3 | 0.0% | ||||
56 |
Gh0stly Gh0sts
Ethereum
|
0,050 ETH
157,07 $
|
32.3% |
337,82 ETH
1 050 949 $
|
9,88 ETH
30 748 $
|
167 | 0.5% | ||||
57 |
TODAY - Ancient Seed
Ethereum
|
1,38 ETH
4 334,21 $
|
6.2% |
1 072 ETH
3 367 684 $
|
9,65 ETH
30 306 $
|
7 | 7.6% | ||||
58 |
Chromie Squiggle by Snowfro
Ethereum
|
5,40 ETH
16 959,98 $
|
0.0% |
53 968 ETH
169 498 045 $
|
9,60 ETH
30 153 $
|
2 | 0.1% | ||||
59 |
FRESH HELL
Ethereum
|
9,69 ETH
30 288 $
|
2.1% |
19,38 ETH
60 576 $
|
9,49 ETH
29 663 $
|
1 | 1.8% | ||||
60 |
Overworld Incarna
Ethereum
|
1,40 ETH
4 396,86 $
|
12.0% |
8 400 ETH
26 381 149 $
|
9,45 ETH
29 679 $
|
7 | 0.1% | ||||
61 |
OverTrip Founder's ID
Ethereum
|
0,20 ETH
614,24 $
|
19.9% |
174,85 ETH
545 444 $
|
8,83 ETH
27 546 $
|
43 | 1.2% | ||||
62 |
Rumble Kong League
Ethereum
|
0,25 ETH
784,55 $
|
3.6% |
2 498 ETH
7 845 527 $
|
8,74 ETH
27 437 $
|
35 | 0.1% | ||||
63 |
Yogurt Verse
Ethereum
|
1,29 ETH
4 016,53 $
|
20.7% |
412,80 ETH
1 285 290 $
|
7,66 ETH
23 850 $
|
6 | 0.3% | ||||
64 |
Bored Ape Kennel Club
Ethereum
|
0,58 ETH
1 837,33 $
|
2.7% |
5 617 ETH
17 642 051 $
|
7,60 ETH
23 883 $
|
13 | 0.0% | ||||
65 |
KILLABEARS
Ethereum
|
0,65 ETH
2 038,26 $
|
8.3% |
2 163 ETH
6 793 513 $
|
7,50 ETH
23 548 $
|
12 | 0.2% | ||||
66 |
The Potatoz
Ethereum
|
1,90 ETH
5 957,98 $
|
2.4% |
18 968 ETH
59 573 825 $
|
7,36 ETH
23 110 $
|
4 | 0.1% | ||||
67 |
Chimpers
Ethereum
|
0,22 ETH
690,96 $
|
0.0% |
1 222 ETH
3 838 294 $
|
7,34 ETH
23 053 $
|
32 | 0.1% | ||||
68 |
VeeFriends
Ethereum
|
1,08 ETH
3 391,36 $
|
5.3% |
11 073 ETH
34 778 446 $
|
7,12 ETH
22 362 $
|
6 | 0.0% | ||||
69 |
RarePepe by Matt Furie
Ethereum
|
9,69 ETH
30 434 $
|
38.4% |
998,07 ETH
3 134 675 $
|
7,00 ETH
21 985 $
|
1 | 0.0% | ||||
70 |
Sappy Seals
Ethereum
|
0,59 ETH
1 864,49 $
|
0.9% |
5 935 ETH
18 639 283 $
|
6,97 ETH
21 894 $
|
12 | 0.3% | ||||
71 |
Honey Comb
Ethereum
|
0,26 ETH
813,44 $
|
1.9% |
4 253 ETH
13 356 761 $
|
6,95 ETH
21 829 $
|
28 | 0.2% | ||||
72 |
CyberKongz (Babies)
Ethereum
|
0,88 ETH
2 763,74 $
|
10.1% |
3 520 ETH
11 054 958 $
|
6,68 ETH
20 986 $
|
8 | 0.1% | ||||
73 |
CryptoPunks V1 (wrapped)
Ethereum
|
1,97 ETH
6 193,29 $
|
0.2% |
9 748 ETH
30 613 426 $
|
6,22 ETH
19 518,91 $
|
3 | 0.0% | ||||
74 |
PORSCHE 911
Ethereum
|
0,26 ETH
809,13 $
|
10.7% |
614,38 ETH
1 911 985 $
|
6,16 ETH
19 177,67 $
|
25 | 0.1% | ||||
75 |
Parallel Avatars
Ethereum
|
0,70 ETH
2 192,15 $
|
2.5% |
7 679 ETH
24 115 818 $
|
6,12 ETH
19 223,50 $
|
7 | 0.0% | ||||
76 |
Nakamigos
Ethereum
|
0,095 ETH
299,72 $
|
0.6% |
1 902 ETH
5 973 131 $
|
5,82 ETH
18 272,48 $
|
49 | 0.1% | ||||
77 |
TOPIA Worlds
Ethereum
|
0,79 ETH
2 479,61 $
|
0.1% |
7 894 ETH
24 793 640 $
|
5,73 ETH
17 999,25 $
|
6 | 0.1% | ||||
78 |
Pixelmon Trainers - Generation 1
Ethereum
|
0,35 ETH
1 089,52 $
|
6.0% |
2 428 ETH
7 626 652 $
|
5,53 ETH
17 369,53 $
|
12 | 0.2% | ||||
79 |
DeepBlack
Ethereum
|
0,80 ETH
2 506,21 $
|
47.8% |
2 453 ETH
7 704 087 $
|
5,53 ETH
17 362,87 $
|
9 | 0.6% | ||||
80 |
The Warlords of Champions Tactics
Ethereum
|
0,069 ETH
214,53 $
|
11.3% |
688,93 ETH
2 145 085 $
|
5,29 ETH
16 471,90 $
|
74 | 0.1% | ||||
81 |
Azuki Elemental Beans
Ethereum
|
0,80 ETH
2 512,59 $
|
0.0% |
4 310 ETH
13 535 304 $
|
5,25 ETH
16 485,73 $
|
5 | 0.1% | ||||
82 |
Emby
Ethereum
|
0,26 ETH
825,05 $
|
0.0% |
728,75 ETH
2 268 875 $
|
5,21 ETH
16 217,03 $
|
20 | 0.2% | ||||
83 |
Sybil Samurai
Ethereum
|
0,060 ETH
186,32 $
|
7.8% |
308,21 ETH
959 169 $
|
5,20 ETH
16 189,85 $
|
27 | 0.2% | ||||
84 |
Nobody
Ethereum
|
0,15 ETH
471,09 $
|
7.0% |
1 500 ETH
4 710 919 $
|
4,92 ETH
15 456,77 $
|
29 | 0.2% | ||||
85 |
Treeverse Plots
Ethereum
|
0,36 ETH
1 121,24 $
|
7.5% |
3 720 ETH
11 683 354 $
|
4,91 ETH
15 420,53 $
|
15 | 0.0% | ||||
86 |
RG Bytes
Ethereum
|
0,36 ETH
1 133,81 $
|
4.1% |
1 805 ETH
5 667 897 $
|
4,88 ETH
15 320,45 $
|
14 | 0.1% | ||||
87 |
alignDRAW
Ethereum
|
1,55 ETH
4 868,14 $
|
3.3% |
4 199 ETH
13 187 798 $
|
4,80 ETH
15 075,54 $
|
3 | 0.2% | ||||
88 |
MoonCats - Acclimated
Ethereum
|
0,16 ETH
517,91 $
|
2.9% |
3 284 ETH
10 314 647 $
|
4,52 ETH
14 210,58 $
|
27 | 0.1% | ||||
89 |
Valhalla
Ethereum
|
0,061 ETH
189,46 $
|
7.6% |
548,10 ETH
1 705 114 $
|
4,50 ETH
14 003,74 $
|
56 | 0.5% | ||||
90 |
CALIVERSE Pioneer
Ethereum
|
0,12 ETH
370,20 $
|
29.3% |
595,00 ETH
1 851 018 $
|
4,41 ETH
13 706,25 $
|
42 | 1.7% | ||||
91 |
Mythic Cards
Ethereum
|
3,70 ETH
11 529,78 $
|
0.0% |
0 ETH
0,00 kr
|
4,30 ETH
13 399,47 $
|
1 | 2.8% | ||||
92 |
Worldwide Webb Land
Ethereum
|
0,20 ETH
620,59 $
|
0.7% |
1 879 ETH
5 900 523 $
|
4,15 ETH
13 030,70 $
|
20 | 0.0% | ||||
93 |
Themes and Variations by Vera Molnár
Ethereum
|
2,16 ETH
6 783,99 $
|
14.9% |
1 080 ETH
3 391 996 $
|
4,04 ETH
12 688,58 $
|
2 | 0.0% | ||||
94 |
Ninja Squad Official
Ethereum
|
0,18 ETH
571,59 $
|
7.1% |
1 617 ETH
5 079 734 $
|
3,83 ETH
12 043,89 $
|
21 | 0.1% | ||||
95 |
Murakami.Flowers Official
Ethereum
|
0,22 ETH
694,96 $
|
0.8% |
2 247 ETH
7 055 899 $
|
3,65 ETH
11 475,80 $
|
16 | 0.1% | ||||
96 |
InfiniGods
Ethereum
|
0,16 ETH
513,50 $
|
13.2% |
568,58 ETH
1 770 558 $
|
3,64 ETH
11 345,96 $
|
24 | 0.2% | ||||
97 |
Probably Nothing Genesis
Ethereum
|
0,028 ETH
86,69 $
|
40.4% |
213,34 ETH
665 285 $
|
3,64 ETH
11 345,29 $
|
99 | 0.2% | ||||
98 |
Mavia Land
Ethereum
|
0,27 ETH
854,28 $
|
1.8% |
2 720 ETH
8 542 805 $
|
3,64 ETH
11 419,72 $
|
9 | 0.0% | ||||
99 |
Moonbirds: Mythics
Ethereum
|
0,067 ETH
208,02 $
|
25.5% |
652,84 ETH
2 032 950 $
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3,54 ETH
11 023,93 $
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50 | 0.2% | ||||
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9,95 ETH
31 249 $
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161.8% |
4 010 ETH
12 593 387 $
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3,50 ETH
10 992,15 $
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1 | 0.9% |
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 NFT-data-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
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.