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 |
Bored Ape Yacht Club
Ethereum
|
Köp
|
14,25 ETH
41 723 $
|
1.7% |
142 471 ETH
417 141 869 $
|
947,15 ETH
2 773 170 $
|
62 | 0.1% | |||
2 |
Pudgy Penguins
Ethereum
|
11,54 ETH
33 735 $
|
2.2% |
102 567 ETH
299 835 489 $
|
543,39 ETH
1 588 499 $
|
47 | 0.6% | ||||
3 |
Mutant Ape Yacht Club
Ethereum
|
Köp
|
2,56 ETH
7 480,09 $
|
1.9% |
49 941 ETH
145 809 438 $
|
277,45 ETH
810 061 $
|
108 | 0.1% | |||
4 |
DeGods
Ethereum
|
Köp
|
2,04 ETH
5 972,92 $
|
5.9% |
18 340 ETH
53 696 537 $
|
211,23 ETH
618 451 $
|
99 | 0.2% | |||
5 |
Milady Maker
Ethereum
|
Köp
|
4,45 ETH
12 997,00 $
|
2.1% |
44 362 ETH
129 684 035 $
|
152,48 ETH
445 742 $
|
35 | 0.0% | |||
6 |
Azuki
Ethereum
|
Köp
|
4,88 ETH
14 285,87 $
|
1.8% |
48 800 ETH
142 858 743 $
|
151,84 ETH
444 516 $
|
29 | 0.0% | |||
7 |
Redacted Remilio Babies
Ethereum
|
1,47 ETH
4 300,50 $
|
5.7% |
14 687 ETH
42 996 389 $
|
124,76 ETH
365 229 $
|
83 | 0.1% | ||||
8 |
Candy Collective: Genesis Collection
Ethereum
|
0,50 ETH
1 460,87 $
|
20.0% |
998,00 ETH
2 921 740 $
|
122,63 ETH
359 019 $
|
287 | 0.7% | ||||
9 |
CryptoPunks
Ethereum
|
Köp
|
38,98 ETH
114 130 $
|
0.4% |
389 566 ETH
1 140 611 109 $
|
119,81 ETH
350 792 $
|
3 | 0.0% | |||
10 |
Lil Pudgys
Ethereum
|
0,94 ETH
2 733,29 $
|
2.7% |
20 250 ETH
59 197 521 $
|
83,61 ETH
244 432 $
|
88 | 0.1% | ||||
11 |
Kanpai Pandas
Ethereum
|
1,58 ETH
4 606,30 $
|
3.3% |
12 566 ETH
36 689 182 $
|
81,43 ETH
237 733 $
|
54 | 0.2% | ||||
12 |
Forked Nouns
Ethereum
|
36,75 ETH
107 296 $
|
0.7% |
17 346 ETH
50 643 903 $
|
71,00 ETH
207 294 $
|
2 | 0.0% | ||||
13 |
Captainz
Ethereum
|
2,94 ETH
8 597,43 $
|
1.9% |
29 407 ETH
85 965 689 $
|
63,71 ETH
186 244 $
|
22 | 0.1% | ||||
14 |
WHAT THE FFFF
Ethereum
|
0,011 ETH
32,20 $
|
0.0% |
11,00 ETH
32 202 $
|
59,34 ETH
173 703 $
|
- | 0.0% | ||||
15 |
IO: Imaginary Ones
Ethereum
|
1,44 ETH
4 207,14 $
|
6.9% |
12 772 ETH
37 393 103 $
|
56,78 ETH
166 243 $
|
42 | 0.3% | ||||
16 |
Azuki Elementals
Ethereum
|
0,45 ETH
1 313,83 $
|
4.3% |
7 210 ETH
21 051 555 $
|
45,01 ETH
131 422 $
|
78 | 0.1% | ||||
17 |
Lasogette
Ethereum
|
0,36 ETH
1 046,19 $
|
18.0% |
2 771 ETH
8 100 657 $
|
40,30 ETH
117 823 $
|
111 | 0.5% | ||||
18 |
MATR1X KUKU
Ethereum
|
1,74 ETH
5 097,17 $
|
2.6% |
11 606 ETH
33 977 762 $
|
38,45 ETH
112 580 $
|
22 | 0.0% | ||||
19 |
Wrapped Cryptopunks
Ethereum
|
52,50 ETH
153 281 $
|
38.2% |
44 783 ETH
130 748 333 $
|
37,98 ETH
110 888 $
|
1 | 0.7% | ||||
20 |
Prime Navigator
Ethereum
|
0,87 ETH
2 537,21 $
|
40.9% |
2 649 ETH
7 753 703 $
|
28,07 ETH
82 164 $
|
40 | 1.9% | ||||
21 |
TENJIN
Ethereum
|
0,18 ETH
519,38 $
|
10.9% |
1 419 ETH
4 154 533 $
|
23,42 ETH
68 581 $
|
132 | 3.0% | ||||
22 |
Polyverse Genesis
Ethereum
|
0,044 ETH
128,87 $
|
22.3% |
39,07 ETH
114 432 $
|
21,96 ETH
64 320 $
|
53 | 6.4% | ||||
23 |
RΞMNANTS
Ethereum
|
6,35 ETH
18 592,03 $
|
27.3% |
1 588 ETH
4 648 007 $
|
21,33 ETH
62 449 $
|
4 | 1.6% | ||||
24 |
Sword of Grandia
Ethereum
|
0,27 ETH
786,33 $
|
5.9% |
134,35 ETH
393 167 $
|
20,38 ETH
59 648 $
|
83 | 7.6% | ||||
25 |
ANIM.JP Official
Ethereum
|
0,015 ETH
43,61 $
|
0.0% |
97,81 ETH
286 308 $
|
19,84 ETH
58 071 $
|
9 | 0.0% | ||||
26 |
Clone X
Ethereum
|
0,59 ETH
1 730,59 $
|
5.2% |
11 602 ETH
33 916 187 $
|
19,42 ETH
56 768 $
|
26 | 0.1% | ||||
27 |
mfers
Ethereum
|
0,41 ETH
1 197,05 $
|
5.9% |
4 108 ETH
11 993 227 $
|
19,30 ETH
56 360 $
|
37 | 0.2% | ||||
28 |
Bored Ape Kennel Club
Ethereum
|
0,53 ETH
1 534,73 $
|
2.4% |
5 041 ETH
14 736 507 $
|
18,50 ETH
54 071 $
|
36 | 0.0% | ||||
29 |
Ultiverse - Electric Sheep
Ethereum
|
0,99 ETH
2 887,64 $
|
2.0% |
6 915 ETH
20 213 458 $
|
17,56 ETH
51 320 $
|
18 | 0.0% | ||||
30 |
Sappy Seals
Ethereum
|
0,50 ETH
1 469,85 $
|
0.6% |
5 018 ETH
14 694 092 $
|
17,18 ETH
50 293 $
|
34 | 0.2% | ||||
31 |
Imaginary Rides
Ethereum
|
0,10 ETH
297,80 $
|
17.7% |
1 417 ETH
4 135 878 $
|
16,65 ETH
48 618 $
|
152 | 0.6% | ||||
32 |
Wolf Game
Ethereum
|
0,13 ETH
389,39 $
|
37.3% |
1 703 ETH
4 985 332 $
|
16,36 ETH
47 911 $
|
67 | 0.3% | ||||
33 |
Doodles
Ethereum
|
1,78 ETH
5 188,15 $
|
1.7% |
17 766 ETH
51 871 120 $
|
16,02 ETH
46 780 $
|
9 | 0.1% | ||||
34 |
MoonCats - Acclimated
Ethereum
|
0,15 ETH
434,86 $
|
6.9% |
2 966 ETH
8 660 641 $
|
15,96 ETH
46 594 $
|
109 | 0.3% | ||||
35 |
RG Bytes
Ethereum
|
0,33 ETH
957,09 $
|
3.5% |
1 634 ETH
4 784 506 $
|
15,45 ETH
45 222 $
|
46 | 0.6% | ||||
36 |
PalioAI Aura
Ethereum
|
0,35 ETH
1 020,20 $
|
7.2% |
1 163 ETH
3 400 333 $
|
15,21 ETH
44 458 $
|
44 | 0.7% | ||||
37 |
Pixels - Farm Land
Ethereum
|
1,52 ETH
4 444,35 $
|
9.6% |
7 590 ETH
22 221 746 $
|
15,06 ETH
44 084 $
|
8 | 0.1% | ||||
38 |
My Pet Hooligan
Ethereum
|
0,37 ETH
1 077,50 $
|
2.1% |
3 271 ETH
9 576 817 $
|
14,71 ETH
43 069 $
|
38 | 0.0% | ||||
39 |
Muraqqa
Ethereum
|
4,50 ETH
13 177,59 $
|
12.8% |
499,50 ETH
1 462 713 $
|
12,79 ETH
37 454 $
|
4 | 3.8% | ||||
40 |
BEANZ Official
Ethereum
|
0,29 ETH
843,19 $
|
3.7% |
5 746 ETH
16 821 553 $
|
12,43 ETH
36 381 $
|
40 | 0.0% | ||||
41 |
Azra Games - The Hopeful
Ethereum
|
1,40 ETH
4 087,48 $
|
2.9% |
7 777 ETH
22 705 963 $
|
12,36 ETH
36 078 $
|
9 | 0.1% | ||||
42 |
Honey Comb
Ethereum
|
0,28 ETH
830,08 $
|
10.7% |
4 655 ETH
13 629 991 $
|
12,21 ETH
35 754 $
|
46 | 0.1% | ||||
43 |
Baby Bears
Ethereum
|
12,50 ETH
36 597 $
|
0.0% |
7 113 ETH
20 823 464 $
|
10,48 ETH
30 683 $
|
1 | 0.0% | ||||
44 |
Skyborne - NexianGems
Ethereum
|
1,09 ETH
3 191,41 $
|
8.4% |
3 633 ETH
10 636 977 $
|
10,48 ETH
30 684 $
|
10 | 0.1% | ||||
45 |
Blond
Ethereum
|
2,67 ETH
7 815,70 $
|
3.5% |
42,72 ETH
125 051 $
|
10,47 ETH
30 648 $
|
4 | 0.0% | ||||
46 |
Alpha Gate
Ethereum
|
4,46 ETH
13 057,67 $
|
54.4% |
2 297 ETH
6 724 698 $
|
9,98 ETH
29 219 $
|
3 | 0.0% | ||||
47 |
Emby
Ethereum
|
0,26 ETH
746,93 $
|
5.2% |
701,25 ETH
2 054 050 $
|
9,52 ETH
27 888 $
|
38 | 0.2% | ||||
48 |
VeeFriends
Ethereum
|
0,99 ETH
2 898,53 $
|
1.0% |
10 152 ETH
29 724 416 $
|
9,45 ETH
27 670 $
|
10 | 0.0% | ||||
49 |
Cool Cats
Ethereum
|
0,44 ETH
1 280,41 $
|
0.6% |
4 366 ETH
12 763 086 $
|
9,37 ETH
27 382 $
|
21 | 0.0% | ||||
50 |
Chimpers
Ethereum
|
0,37 ETH
1 077,47 $
|
28.2% |
2 044 ETH
5 985 333 $
|
9,26 ETH
27 120 $
|
26 | 0.6% | ||||
51 |
BoredMilady
Ethereum
|
0,13 ETH
370,50 $
|
17.0% |
873,20 ETH
2 549 418 $
|
9,16 ETH
26 750 $
|
67 | 0.5% | ||||
52 |
Wolf Game - Genesis Land
Ethereum
|
0,030 ETH
88,28 $
|
59.2% |
602,19 ETH
1 763 156 $
|
8,92 ETH
26 116 $
|
38 | 0.2% | ||||
53 |
Land
Ethereum
|
0,034 ETH
98,38 $
|
76.6% |
671,09 ETH
1 964 901 $
|
8,87 ETH
25 973 $
|
37 | 0.2% | ||||
54 |
BEEPLE: EVERYDAYS - THE 2020 COLLECTION
Ethereum
|
7,50 ETH
21 897 $
|
7.1% |
5 408 ETH
15 787 900 $
|
8,80 ETH
25 693 $
|
1 | 0.3% | ||||
55 |
QBX Founders Key
Ethereum
|
1,13 ETH
3 302,98 $
|
2.8% |
1 003 ETH
2 933 046 $
|
8,20 ETH
23 971 $
|
8 | 0.3% | ||||
56 |
Mocaverse Lucky Neko
Ethereum
|
0,40 ETH
1 167,97 $
|
0.3% |
507,93 ETH
1 486 820 $
|
8,15 ETH
23 851 $
|
10 | 1.4% | ||||
57 |
FLUF World
Ethereum
|
0,53 ETH
1 537,19 $
|
2.3% |
5 265 ETH
15 371 852 $
|
7,76 ETH
22 669 $
|
10 | 0.1% | ||||
58 |
alignDRAW
Ethereum
|
1,90 ETH
5 554,27 $
|
12.0% |
5 147 ETH
15 046 523 $
|
7,47 ETH
21 823 $
|
4 | 0.8% | ||||
59 |
The Potatoz
Ethereum
|
1,90 ETH
5 554,23 $
|
2.4% |
18 968 ETH
55 536 731 $
|
7,36 ETH
21 543 $
|
4 | 0.1% | ||||
60 |
Rosentica: Starfall Travelers
Ethereum
|
0,065 ETH
189,42 $
|
6.1% |
388,20 ETH
1 136 541 $
|
7,26 ETH
21 255 $
|
120 | 0.2% | ||||
61 |
PXQuest Adventurer
Ethereum
|
0,69 ETH
2 022,92 $
|
6.6% |
5 190 ETH
15 171 933 $
|
6,73 ETH
19 670,98 $
|
10 | 0.2% | ||||
62 |
Azuki Elemental Beans
Ethereum
|
0,76 ETH
2 210,16 $
|
2.3% |
4 078 ETH
11 906 132 $
|
6,43 ETH
18 770,30 $
|
4 | 0.3% | ||||
63 |
Otherdeed for Otherside
Ethereum
|
0,20 ETH
589,77 $
|
3.4% |
9 539 ETH
27 849 305 $
|
6,21 ETH
18 130,84 $
|
25 | 0.0% | ||||
64 |
PX Quest
Ethereum
|
0,69 ETH
2 026,22 $
|
8.9% |
5 205 ETH
15 196 653 $
|
6,13 ETH
17 894,50 $
|
9 | 0.2% | ||||
65 |
SchizoPosters
Ethereum
|
0,70 ETH
2 045,60 $
|
5.5% |
3 881 ETH
11 361 281 $
|
6,08 ETH
17 791,80 $
|
9 | 0.1% | ||||
66 |
BEEPLE - SPRING/SUMMER COLLECTION 2021
Ethereum
|
6,00 ETH
17 567,27 $
|
6.3% |
3 066 ETH
8 976 875 $
|
5,99 ETH
17 537,99 $
|
1 | 0.0% | ||||
67 |
TOPIA Worlds
Ethereum
|
1,10 ETH
3 220,67 $
|
35.8% |
10 999 ETH
32 203 442 $
|
5,74 ETH
16 820,63 $
|
6 | 0.2% | ||||
68 |
CyberV
Ethereum
|
0,36 ETH
1 050,89 $
|
0.3% |
745,64 ETH
2 182 693 $
|
5,73 ETH
16 775,85 $
|
16 | 1.6% | ||||
69 |
Early Retired Cats Club
Ethereum
|
0,37 ETH
1 079,58 $
|
2.5% |
712,17 ETH
2 083 589 $
|
5,09 ETH
14 881,81 $
|
15 | 0.1% | ||||
70 |
Mavia Land
Ethereum
|
0,23 ETH
672,47 $
|
0.1% |
2 297 ETH
6 724 687 $
|
5,02 ETH
14 702,08 $
|
19 | 0.0% | ||||
71 |
Chromie Squiggle by Snowfro
Ethereum
|
5,35 ETH
15 661,77 $
|
0.0% |
53 468 ETH
156 523 776 $
|
5,00 ETH
14 642,15 $
|
1 | 0.0% | ||||
72 |
Mintify Genesis
Ethereum
|
0,100 ETH
292,24 $
|
17.3% |
585,81 ETH
1 713 718 $
|
4,79 ETH
14 025,39 $
|
50 | 0.8% | ||||
73 |
L3E7 Worlds
Ethereum
|
4,62 ETH
13 524,47 $
|
1.7% |
2 772 ETH
8 114 681 $
|
4,67 ETH
13 672,49 $
|
1 | 0.0% | ||||
74 |
Yogapetz
Ethereum
|
0,41 ETH
1 199,75 $
|
1.7% |
4 137 ETH
12 111 512 $
|
4,60 ETH
13 455,25 $
|
12 | 0.1% | ||||
75 |
Wassies by Wassies
Ethereum
|
0,55 ETH
1 593,20 $
|
7.6% |
5 256 ETH
15 364 812 $
|
4,56 ETH
13 322,15 $
|
9 | 0.1% | ||||
76 |
Persona
Ethereum
|
0,21 ETH
604,36 $
|
5.1% |
1 837 ETH
5 363 725 $
|
4,51 ETH
13 162,68 $
|
22 | 0.0% | ||||
77 |
Checks
Ethereum
|
0,16 ETH
481,44 $
|
0.7% |
940,58 ETH
2 746 157 $
|
4,36 ETH
12 741,26 $
|
11 | 0.1% | ||||
78 |
Ether Cards Founder
Ethereum
|
0,075 ETH
219,18 $
|
4.9% |
748,63 ETH
2 190 727 $
|
4,25 ETH
12 440,71 $
|
10 | 0.2% | ||||
79 |
The Currency
Ethereum
|
0,99 ETH
2 887,51 $
|
1.1% |
1 990 ETH
5 809 673 $
|
4,24 ETH
12 376,31 $
|
4 | 0.2% | ||||
80 |
SERAPH Soul Series
Ethereum
|
0,80 ETH
2 342,07 $
|
0.0% |
4 800 ETH
14 052 441 $
|
4,20 ETH
12 295,90 $
|
1 | 0.5% | ||||
81 |
0N1 Force
Ethereum
|
0,29 ETH
860,78 $
|
4.8% |
2 286 ETH
6 692 584 $
|
4,06 ETH
11 887,28 $
|
15 | 0.0% | ||||
82 |
RTFKT Animus Egg 🥚
Ethereum
|
0,18 ETH
526,09 $
|
7.0% |
3 115 ETH
9 118 173 $
|
4,02 ETH
11 769,46 $
|
23 | 0.2% | ||||
83 |
Age of Dino - Dinosty
Ethereum
|
0,39 ETH
1 156,30 $
|
12.2% |
1 976 ETH
5 786 117 $
|
3,96 ETH
11 601,81 $
|
9 | 34.1% | ||||
84 |
Sproto Gremlins
Ethereum
|
0,35 ETH
1 024,77 $
|
10.0% |
1 166 ETH
3 412 469 $
|
3,84 ETH
11 237,57 $
|
11 | 0.2% | ||||
85 |
Fomo Apes
Ethereum
|
0,75 ETH
2 192,38 $
|
0.0% |
0 ETH
0,00 kr
|
3,80 ETH
11 108,07 $
|
1 | 1.2% | ||||
86 |
Moonbirds
Ethereum
|
0,80 ETH
2 347,09 $
|
0.7% |
8 039 ETH
23 470 906 $
|
3,80 ETH
11 094,59 $
|
5 | 0.0% | ||||
87 |
TinFun
Ethereum
|
0,18 ETH
515,31 $
|
1.1% |
1 760 ETH
5 153 066 $
|
3,76 ETH
11 014,39 $
|
22 | 0.0% | ||||
88 |
Mocaverse
Ethereum
|
3,80 ETH
11 102,67 $
|
4.6% |
33 757 ETH
98 680 492 $
|
3,76 ETH
10 991,03 $
|
1 | 0.0% | ||||
89 |
LoudPunx
Ethereum
|
0,55 ETH
1 599,96 $
|
0.4% |
1 334 ETH
3 895 896 $
|
3,68 ETH
10 747,74 $
|
7 | 0.3% | ||||
90 |
Parallel
Ethereum
|
0,0002 ETH
0,607265 $
|
2.5% |
0,26 ETH
773,05 $
|
3,67 ETH
10 759,02 $
|
51 | 0.0% | ||||
91 |
Probably Nothing Genesis
Ethereum
|
0,028 ETH
81,11 $
|
40.4% |
213,34 ETH
622 476 $
|
3,64 ETH
10 615,26 $
|
99 | 0.2% | ||||
92 |
Worldwide Webb Land
Ethereum
|
0,20 ETH
572,06 $
|
4.7% |
1 861 ETH
5 439 154 $
|
3,53 ETH
10 326,41 $
|
16 | 0.0% | ||||
93 |
Parallel Avatars
Ethereum
|
0,61 ETH
1 785,91 $
|
1.5% |
6 711 ETH
19 646 839 $
|
3,47 ETH
10 156,26 $
|
5 | 0.0% | ||||
94 |
Nakamigos
Ethereum
|
0,089 ETH
260,59 $
|
11.3% |
1 774 ETH
5 193 317 $
|
3,22 ETH
9 434,71 $
|
31 | 0.1% | ||||
95 |
Hedz by Matt Furie
Ethereum
|
1,19 ETH
3 483,89 $
|
0.0% |
1 190 ETH
3 483 891 $
|
3,21 ETH
9 398,01 $
|
2 | 0.0% | ||||
96 |
OSF
Ethereum
|
3,09 ETH
9 048,12 $
|
0.3% |
648,69 ETH
1 900 104 $
|
3,09 ETH
9 047,85 $
|
1 | 0.0% | ||||
97 |
Decentraland
Ethereum
|
0,13 ETH
394,64 $
|
2.7% |
13 254 ETH
38 746 813 $
|
3,01 ETH
8 812,62 $
|
5 | 0.1% | ||||
98 |
Common Wealth Genesis NFT Series 1
Ethereum
|
0,99 ETH
2 899,93 $
|
13.9% |
0 ETH
0,00 kr
|
2,97 ETH
8 699,78 $
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3 | 96.5% | ||||
99 |
Sugartown Oras
Ethereum
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0,17 ETH
483,19 $
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7.5% |
1 097 ETH
3 202 111 $
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2,85 ETH
8 332,50 $
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19 | 0.1% | ||||
100 |
XocietyFrontier
Ethereum
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0,100 ETH
292,53 $
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0.1% |
390,71 ETH
1 144 065 $
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2,80 ETH
8 204,76 $
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17 | 0.2% |
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.