Priser för de största NFT-samlingarna rankade efter 24 h handelsvolym
# | NFT | Minimipris | 24h% | Senaste 7 dagarna | Börsvärde | Volym 24 h | Försäljning 24h | Ägare senaste 24h | |||
---|---|---|---|---|---|---|---|---|---|---|---|
1 |
Bored Ape Yacht Club
Ethereum
|
Köp
|
15,18 ETH
46 883 $
|
0.0% |
151 750 ETH
468 734 724 $
|
593,48 ETH
1 833 172 $
|
39 | 0.0% | |||
2 |
Mutant Ape Yacht Club
Ethereum
|
Köp
|
2,86 ETH
8 825,05 $
|
0.0% |
55 692 ETH
172 026 720 $
|
522,64 ETH
1 614 381 $
|
182 | 0.1% | |||
3 |
Solana Monkey Business
Solana
|
34,82 SOL
5 442,80 $
|
0.1% |
173 881 SOL
27 175 920 $
|
5 570 SOL
870 508 $
|
158 | 0.0% | ||||
4 |
Azuki
Ethereum
|
Köp
|
5,44 ETH
16 821,53 $
|
0.0% |
54 400 ETH
168 215 345 $
|
255,65 ETH
790 528 $
|
42 | 0.0% | |||
5 |
Azuki Elementals
Ethereum
|
0,50 ETH
1 537,33 $
|
0.0% |
7 954 ETH
24 569 607 $
|
186,66 ETH
576 554 $
|
347 | 0.1% | ||||
6 |
Pudgy Penguins
Ethereum
|
11,59 ETH
35 794 $
|
0.0% |
102 994 ETH
318 135 535 $
|
168,05 ETH
519 084 $
|
15 | 0.3% | ||||
7 |
Mad Lads
Solana
|
83,21 SOL
13 005,18 $
|
3.2% |
829 288 SOL
129 609 582 $
|
3 024 SOL
472 670 $
|
33 | 0.0% | ||||
8 |
CryptoPunks
Ethereum
|
Köp
|
37,99 ETH
117 346 $
|
0.0% |
379 672 ETH
1 172 757 137 $
|
115,91 ETH
358 031 $
|
3 | 0.0% | |||
9 |
Rune Pups
Bitcoin
|
0,082 BTC
5 225,83 $
|
9.0% |
882,72 BTC
56 323 990 $
|
5,51 BTC
351 358 $
|
53 | 0.3% | ||||
10 |
Bitcoin Puppets
Bitcoin
|
0,26 BTC
16 883,77 $
|
1.1% |
2 649 BTC
168 854 550 $
|
5,47 BTC
348 628 $
|
20 | 0.1% | ||||
11 |
Sappy Seals
Ethereum
|
0,59 ETH
1 822,43 $
|
0.0% |
5 898 ETH
18 218 866 $
|
84,52 ETH
261 058 $
|
151 | 0.6% | ||||
12 |
NodeMonkes
Bitcoin
|
0,32 BTC
20 316 $
|
6.8% |
3 188 BTC
203 159 706 $
|
4,06 BTC
259 056 $
|
12 | 0.4% | ||||
13 |
Redacted Remilio Babies
Ethereum
|
1,82 ETH
5 633,43 $
|
10.5% |
18 216 ETH
56 323 005 $
|
80,50 ETH
248 888 $
|
38 | 0.1% | ||||
14 |
Forked Nouns
Ethereum
|
36,75 ETH
113 499 $
|
0.7% |
17 346 ETH
53 571 638 $
|
71,00 ETH
219 277 $
|
2 | 0.0% | ||||
15 |
Milady Maker
Ethereum
|
Köp
|
4,75 ETH
14 666,20 $
|
0.0% |
47 376 ETH
146 339 375 $
|
67,82 ETH
209 491 $
|
14 | 0.1% | |||
16 |
Quantum Cats
Bitcoin
|
0,40 BTC
25 807 $
|
1.9% |
1 350 BTC
86 014 028 $
|
3,25 BTC
207 046 $
|
8 | 0.0% | ||||
17 |
Captainz
Ethereum
|
3,02 ETH
9 319,12 $
|
0.7% |
30 167 ETH
93 181 849 $
|
62,75 ETH
193 836 $
|
21 | 0.0% | ||||
18 |
Moonbirds
Ethereum
|
0,86 ETH
2 654,88 $
|
0.0% |
8 595 ETH
26 548 839 $
|
60,85 ETH
187 959 $
|
74 | 0.0% | ||||
19 |
WHAT THE FFFF
Ethereum
|
0,011 ETH
34,02 $
|
0.0% |
11,00 ETH
34 021 $
|
59,34 ETH
183 514 $
|
- | 0.0% | ||||
20 |
Lil Pudgys
Ethereum
|
0,94 ETH
2 897,36 $
|
0.0% |
20 313 ETH
62 745 203 $
|
58,34 ETH
180 202 $
|
63 | 0.0% | ||||
21 |
Pixelmon
Ethereum
|
1,30 ETH
4 012,44 $
|
0.2% |
16 323 ETH
50 420 350 $
|
54,23 ETH
167 505 $
|
39 | 0.1% | ||||
22 |
Lasogette
Ethereum
|
0,40 ETH
1 235,55 $
|
0.0% |
3 097 ETH
9 566 844 $
|
50,68 ETH
156 557 $
|
114 | 0.5% | ||||
23 |
BEANZ Official
Ethereum
|
0,32 ETH
1 000,79 $
|
1.9% |
6 464 ETH
19 965 829 $
|
49,30 ETH
152 276 $
|
136 | 0.1% | ||||
24 |
SchizoPosters
Ethereum
|
0,75 ETH
2 310,13 $
|
3.9% |
4 154 ETH
12 830 484 $
|
45,43 ETH
140 308 $
|
43 | 0.2% | ||||
25 |
RSIC METAPROTOCOL
Bitcoin
|
0,041 BTC
2 581,36 $
|
13.5% |
850,50 BTC
54 208 515 $
|
1,83 BTC
116 525 $
|
41 | 0.1% | ||||
26 |
Clone X
Ethereum
|
0,51 ETH
1 574,73 $
|
0.0% |
9 990 ETH
30 856 885 $
|
37,39 ETH
115 510 $
|
67 | 0.0% | ||||
27 |
NFTrees
Ethereum
|
10,00 ETH
30 889 $
|
15.1% |
4 210 ETH
13 004 137 $
|
36,44 ETH
112 557 $
|
4 | 0.0% | ||||
28 |
KILLABEARS
Ethereum
|
0,58 ETH
1 806,99 $
|
9.7% |
1 950 ETH
6 022 681 $
|
32,38 ETH
100 012 $
|
55 | 0.8% | ||||
29 |
Mocaverse
Ethereum
|
3,97 ETH
12 274,75 $
|
0.5% |
35 271 ETH
109 097 965 $
|
30,73 ETH
95 052 $
|
8 | 0.0% | ||||
30 |
Ordinal Maxi Biz (OMB)
Bitcoin
|
0,43 BTC
27 403 $
|
2.3% |
903,00 BTC
57 546 473 $
|
1,48 BTC
94 305 $
|
3 | 0.0% | ||||
31 |
Candy Collective: Genesis Collection
Ethereum
|
0,48 ETH
1 491,92 $
|
0.9% |
966,00 ETH
2 983 849 $
|
29,51 ETH
91 166 $
|
65 | 0.2% | ||||
32 |
Doodles
Ethereum
|
1,56 ETH
4 817,09 $
|
1.0% |
15 592 ETH
48 161 296 $
|
26,73 ETH
82 570 $
|
17 | 0.2% | ||||
33 |
Terraforms by Mathcastles
Ethereum
|
0,84 ETH
2 594,64 $
|
0.0% |
8 325 ETH
25 715 519 $
|
23,58 ETH
72 847 $
|
28 | 0.1% | ||||
34 |
Froganas
Solana
|
1,69 SOL
264,60 $
|
3.4% |
9 388 SOL
1 469 861 $
|
463,99 SOL
72 646 $
|
259 | 0.3% | ||||
35 |
Ultiverse - Electric Sheep
Ethereum
|
1,10 ETH
3 394,25 $
|
2.1% |
7 686 ETH
23 759 744 $
|
20,73 ETH
64 081 $
|
20 | 0.0% | ||||
36 |
Ether Cards Founder
Ethereum
|
0,072 ETH
221,06 $
|
0.0% |
715,42 ETH
2 209 511 $
|
20,53 ETH
63 413 $
|
6 | 0.0% | ||||
37 |
0N1 Force
Ethereum
|
0,30 ETH
917,39 $
|
0.0% |
2 309 ETH
7 132 694 $
|
19,63 ETH
60 623 $
|
67 | 0.1% | ||||
38 |
Runestone
Bitcoin
|
0,011 BTC
719,27 $
|
6.0% |
1 268 BTC
80 845 389 $
|
0,95 BTC
60 590 $
|
80 | 0.2% | ||||
39 |
The Crypt
Ethereum
|
0,042 ETH
130,58 $
|
1.6% |
281,89 ETH
870 456 $
|
19,62 ETH
60 570 $
|
19 | 0.3% | ||||
40 |
DelabsAdventurePass
Ethereum
|
0,23 ETH
710,83 $
|
23.4% |
789,25 ETH
2 440 266 $
|
19,13 ETH
59 155 $
|
83 | 3.3% | ||||
41 |
Samurai Saga
Ethereum
|
0,045 ETH
138,97 $
|
0.0% |
449,86 ETH
1 389 573 $
|
19,05 ETH
58 833 $
|
6 | 0.3% | ||||
42 |
My Pet Hooligan
Ethereum
|
0,39 ETH
1 198,48 $
|
0.0% |
3 449 ETH
10 652 105 $
|
18,60 ETH
57 451 $
|
38 | 0.1% | ||||
43 |
Bored Ape Kennel Club
Ethereum
|
0,66 ETH
2 050,71 $
|
13.7% |
6 376 ETH
19 690 891 $
|
18,23 ETH
56 297 $
|
30 | 0.2% | ||||
44 |
CyberKongz (Babies)
Ethereum
|
0,86 ETH
2 656,18 $
|
1.1% |
3 440 ETH
10 624 725 $
|
17,36 ETH
53 618 $
|
21 | 0.1% | ||||
45 |
Cool Cats
Ethereum
|
0,45 ETH
1 389,99 $
|
0.0% |
4 486 ETH
13 855 436 $
|
16,67 ETH
51 492 $
|
37 | 0.0% | ||||
46 |
Bitcoin Frogs
Bitcoin
|
0,056 BTC
3 569,23 $
|
0.0% |
560,00 BTC
35 692 274 $
|
0,79 BTC
50 547 $
|
13 | 1.2% | ||||
47 |
Skyborne - NexianGems
Ethereum
|
0,95 ETH
2 925,16 $
|
4.9% |
3 156 ETH
9 749 554 $
|
15,84 ETH
48 928 $
|
17 | 0.4% | ||||
48 |
Prometheans
Bitcoin
|
0,009 BTC
566,56 $
|
20.8% |
186,67 BTC
11 897 765 $
|
0,77 BTC
48 773 $
|
80 | 0.2% | ||||
49 |
mfers
Ethereum
|
0,41 ETH
1 265,09 $
|
3.6% |
4 098 ETH
12 674 947 $
|
15,70 ETH
48 577 $
|
39 | 0.0% | ||||
50 |
IO: Imaginary Ones
Ethereum
|
1,05 ETH
3 238,68 $
|
0.0% |
9 319 ETH
28 785 391 $
|
15,04 ETH
46 457 $
|
14 | 0.2% | ||||
51 |
Honey Comb
Ethereum
|
0,24 ETH
740,72 $
|
2.8% |
3 938 ETH
12 162 681 $
|
14,71 ETH
45 431 $
|
62 | 0.2% | ||||
52 |
Pizza Ninjas
Bitcoin
|
0,15 BTC
9 484,10 $
|
7.6% |
223,20 BTC
14 226 150 $
|
0,68 BTC
43 023 $
|
4 | 0.1% | ||||
53 |
Kanpai Pandas
Ethereum
|
1,80 ETH
5 559,97 $
|
10.4% |
14 337 ETH
44 285 129 $
|
13,48 ETH
41 629 $
|
7 | 0.0% | ||||
54 |
alignDRAW
Ethereum
|
2,15 ETH
6 641,18 $
|
14.4% |
5 824 ETH
17 990 965 $
|
13,04 ETH
40 280 $
|
7 | 0.0% | ||||
55 |
Muraqqa
Ethereum
|
4,50 ETH
13 895,58 $
|
12.8% |
499,50 ETH
1 542 410 $
|
12,79 ETH
39 494 $
|
4 | 3.8% | ||||
56 |
Meebits
Ethereum
|
0,65 ETH
2 001,59 $
|
0.0% |
12 959 ETH
40 029 755 $
|
12,58 ETH
38 844 $
|
17 | 0.0% | ||||
57 |
Persona
Ethereum
|
0,25 ETH
766,04 $
|
0.0% |
2 201 ETH
6 798 603 $
|
12,24 ETH
37 799 $
|
47 | 0.1% | ||||
58 |
CryptoPhunks
Ethereum
|
0,16 ETH
493,88 $
|
0.0% |
1 595 ETH
4 925 460 $
|
12,20 ETH
37 670 $
|
58 | 0.3% | ||||
59 |
CryptoPunks V1 (wrapped)
Ethereum
|
1,97 ETH
6 090,94 $
|
0.0% |
9 747 ETH
30 107 502 $
|
12,03 ETH
37 159 $
|
4 | 0.1% | ||||
60 |
rektguy
Ethereum
|
0,43 ETH
1 328,09 $
|
15.0% |
3 790 ETH
11 705 791 $
|
12,02 ETH
37 113 $
|
31 | 0.3% | ||||
61 |
Celestine Sloth Society
Stargaze
|
196 000 STARS
4 189,45 $
|
0.5% |
490 000 000 STARS
10 473 622 $
|
1 733 524 STARS
37 054 $
|
9 | 0.1% | ||||
62 |
Tensorians
Solana
|
13,36 SOL
2 088,04 $
|
3.1% |
118 476 SOL
18 516 705 $
|
219,65 SOL
34 329 $
|
16 | 0.1% | ||||
63 |
Blond
Ethereum
|
2,67 ETH
8 242,66 $
|
3.5% |
42,72 ETH
131 883 $
|
10,47 ETH
32 322 $
|
4 | 0.0% | ||||
64 |
Bitcoin Wizards
Bitcoin
|
0,23 BTC
14 468,16 $
|
8.8% |
303,73 BTC
19 358 395 $
|
0,49 BTC
31 167 $
|
2 | 0.0% | ||||
65 |
CyberV
Ethereum
|
0,31 ETH
956,93 $
|
0.0% |
643,45 ETH
1 987 535 $
|
9,86 ETH
30 470 $
|
35 | 0.2% | ||||
66 |
PXQuest Adventurer
Ethereum
|
0,64 ETH
1 974,43 $
|
4.7% |
4 794 ETH
14 808 203 $
|
9,43 ETH
29 128 $
|
15 | 0.0% | ||||
67 |
PX Quest
Ethereum
|
0,64 ETH
1 973,86 $
|
4.7% |
4 794 ETH
14 803 917 $
|
9,43 ETH
29 120 $
|
15 | 0.0% | ||||
68 |
WADE F&F
Ethereum
|
0,42 ETH
1 312,77 $
|
0.7% |
892,50 ETH
2 756 816 $
|
9,09 ETH
28 078 $
|
23 | 0.3% | ||||
69 |
Azuki Elemental Beans
Ethereum
|
0,83 ETH
2 557,28 $
|
3.5% |
4 462 ETH
13 776 046 $
|
8,56 ETH
26 424 $
|
10 | 0.1% | ||||
70 |
VeeFriends
Ethereum
|
1,08 ETH
3 334,50 $
|
0.0% |
11 070 ETH
34 195 328 $
|
8,06 ETH
24 912 $
|
7 | 0.0% | ||||
71 |
Otherdeed for Otherside
Ethereum
|
0,24 ETH
739,78 $
|
0.0% |
11 309 ETH
34 933 343 $
|
7,97 ETH
24 625 $
|
26 | 0.0% | ||||
72 |
RG Bytes
Ethereum
|
0,35 ETH
1 080,80 $
|
2.8% |
1 749 ETH
5 402 898 $
|
7,96 ETH
24 574 $
|
23 | 0.2% | ||||
73 |
Lil Peepos
Bitcoin
|
0,30 BTC
19 147,28 $
|
3.2% |
126,00 BTC
8 041 857 $
|
0,36 BTC
23 168 $
|
2 | 0.0% | ||||
74 |
Peepos
Bitcoin
|
0,30 BTC
19 120,28 $
|
3.2% |
126,00 BTC
8 030 516 $
|
0,36 BTC
23 136 $
|
2 | 0.0% | ||||
75 |
MATR1X KUKU
Ethereum
|
1,90 ETH
5 853,41 $
|
2.8% |
12 632 ETH
39 018 824 $
|
7,44 ETH
22 981 $
|
4 | 0.1% | ||||
76 |
The Potatoz
Ethereum
|
1,90 ETH
5 859,58 $
|
2.4% |
18 968 ETH
58 589 979 $
|
7,36 ETH
22 728 $
|
4 | 0.1% | ||||
77 |
Azra Games - The Hopeful
Ethereum
|
1,25 ETH
3 860,78 $
|
0.2% |
6 943 ETH
21 446 626 $
|
7,28 ETH
22 487 $
|
6 | 0.1% | ||||
78 |
QBX Founders Key
Ethereum
|
1,09 ETH
3 366,93 $
|
5.8% |
967,92 ETH
2 989 830 $
|
6,89 ETH
21 283 $
|
7 | 0.9% | ||||
79 |
Solcasino.io
Solana
|
19,50 SOL
3 052,74 $
|
0.5% |
97 500 SOL
15 263 713 $
|
127,34 SOL
19 935,19 $
|
6 | 4.8% | ||||
80 |
Worldwide Webb Land
Ethereum
|
0,20 ETH
609,74 $
|
0.0% |
1 877 ETH
5 797 436 $
|
6,39 ETH
19 753,32 $
|
31 | 0.1% | ||||
81 |
Rumble Kong League
Ethereum
|
0,32 ETH
978,55 $
|
26.8% |
3 168 ETH
9 785 536 $
|
6,36 ETH
19 634,08 $
|
22 | 0.2% | ||||
82 |
TODAY - Ancient Seed
Ethereum
|
1,30 ETH
4 012,44 $
|
5.2% |
1 009 ETH
3 117 666 $
|
6,16 ETH
19 027,74 $
|
5 | 2.7% | ||||
83 |
INK
Bitcoin
|
0,013 BTC
828,54 $
|
4.4% |
130,00 BTC
8 285 409 $
|
0,29 BTC
18 254,04 $
|
20 | 0.1% | ||||
84 |
AlfaDAO
Ethereum
|
2,89 ETH
8 927,02 $
|
1.4% |
1 451 ETH
4 481 366 $
|
5,75 ETH
17 761,38 $
|
2 | 0.2% | ||||
85 |
CyberKongz Genkai (Ethereum)
Ethereum
|
0,092 ETH
283,78 $
|
8.2% |
1 194 ETH
3 690 782 $
|
5,73 ETH
17 721,48 $
|
63 | 0.3% | ||||
86 |
Overworld Incarna
Ethereum
|
1,27 ETH
3 921,75 $
|
2.2% |
7 620 ETH
23 530 489 $
|
5,12 ETH
15 810,51 $
|
4 | 0.0% | ||||
87 |
Claynosaurz
Solana
|
13,55 SOL
2 117,73 $
|
0.0% |
135 500 SOL
21 177 314 $
|
99,10 SOL
15 488,39 $
|
9 | 0.2% | ||||
88 |
Where My Vans Go
Ethereum
|
7,49 ETH
23 125 $
|
0.0% |
951,08 ETH
2 936 919 $
|
4,99 ETH
15 409,07 $
|
1 | 1.7% | ||||
89 |
Opepen Edition
Ethereum
|
0,16 ETH
503,48 $
|
0.5% |
2 608 ETH
8 055 724 $
|
4,98 ETH
15 389,68 $
|
20 | 0.1% | ||||
90 |
Chromie Squiggle by Snowfro
Ethereum
|
5,39 ETH
16 649,01 $
|
8.0% |
53 868 ETH
166 390 206 $
|
4,91 ETH
15 166,35 $
|
1 | 0.0% | ||||
91 |
Pixelmon Trainers - Generation 1
Ethereum
|
0,34 ETH
1 049,91 $
|
1.4% |
2 379 ETH
7 349 349 $
|
4,88 ETH
15 072,45 $
|
15 | 0.2% | ||||
92 |
TOPIA Worlds
Ethereum
|
0,76 ETH
2 346,87 $
|
8.3% |
7 599 ETH
23 466 351 $
|
4,84 ETH
14 945,87 $
|
5 | 0.1% | ||||
93 |
Murakami.Flowers Official
Ethereum
|
0,22 ETH
685,66 $
|
2.6% |
2 254 ETH
6 961 510 $
|
4,79 ETH
14 793,78 $
|
22 | 0.0% | ||||
94 |
Seedworld Vanguards
Ethereum
|
0,20 ETH
614,68 $
|
17.3% |
922,37 ETH
2 849 064 $
|
4,66 ETH
14 380,86 $
|
25 | 1.3% | ||||
95 |
Okay Bears
Solana
|
3,64 SOL
569,33 $
|
4.1% |
35 913 SOL
5 612 424 $
|
91,37 SOL
14 279,46 $
|
26 | 0.0% | ||||
96 |
Parallel Avatars
Ethereum
|
0,64 ETH
1 970,74 $
|
8.9% |
7 019 ETH
21 680 122 $
|
4,56 ETH
14 093,27 $
|
7 | 0.8% | ||||
97 |
Famous Fox Federation
Solana
|
5,62 SOL
878,35 $
|
3.4% |
43 707 SOL
6 830 932 $
|
88,89 SOL
13 893,00 $
|
15 | 0.1% | ||||
98 |
GGSG: Galactic Geckos
Solana
|
10,61 SOL
1 658,85 $
|
2.9% |
106 100 SOL
16 588 534 $
|
88,56 SOL
13 846,61 $
|
8 | 0.1% | ||||
99 |
Mavia Land
Ethereum
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0,27 ETH
833,69 $
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2 699 ETH
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4,48 ETH
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Chimpers
Ethereum
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0,24 ETH
739,17 $
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1 329 ETH
4 106 071 $
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4,24 ETH
13 109,13 $
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17 | 0.1% |
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 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.