Kurser för de största NFT-samlingarna rankade efter börsvärde
| # | NFT | Minimipris | 24 h | 7 d | 30 d | Senaste 7 dagarna | Börsvärde | Volym 24 h | Försäljning 24h | |||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - |
|
Yuna Revelation BRC2.0
|
0,0008 BTC
55,67 $
|
0.0% | 0.0% | 39.5% |
|
0,00 kr
0 BTC
|
0,002 BTC
152,87 $
|
4 | ||
| - |
|
AILU
|
0,002 BTC
167,22 $
|
14.0% | 17.0% | 4.8% |
|
351 159 $
5,04 BTC
|
0,002 BTC
146,32 $
|
1 | ||
| - |
|
Phanta Bear
|
0,034 ETH
78,14 $
|
15.8% | 0.9% | 22.4% |
|
781 421 $
344,99 ETH
|
0,060 ETH
135,78 $
|
2 | ||
| - |
|
Shinigami: The Underworld
|
0,11 SOL
9,57 $
|
6.1% | 15.7% | 15.7% |
|
30 365 $
356,37 SOL
|
1,56 SOL
133,26 $
|
12 | ||
| - |
|
Voxies
|
0,002 ETH
3,62 $
|
42.8% | 42.8% | 44.9% |
|
36 225 $
15,99 ETH
|
0,058 ETH
132,05 $
|
43 | ||
| - |
|
Flamingos
|
0,002 ETH
4,16 $
|
0.0% | 10.8% | 235.0% |
|
23 094 $
10,20 ETH
|
0,058 ETH
131,31 $
|
34 | ||
| - |
|
NinjaPets (NinjaFT)
|
0,10 BNB
65,42 $
|
0.0% | 0.0% | 0.0% |
|
0,00 kr
0 BNB
|
0,21 BNB
130,48 $
|
- | ||
| - |
|
NodeRocks
|
0,0004 BTC
31,28 $
|
0.0% | 49.7% | 124.5% |
|
312 838 $
4,49 BTC
|
0,002 BTC
139,35 $
|
1 | ||
| - |
|
OCM Katoshi Prime by OnChainMonkey®
|
0,001 BTC
81,21 $
|
0.0% | 22.3% | 26.6% |
|
0,00 kr
0 BTC
|
0,002 BTC
139,35 $
|
1 | ||
| - |
|
RatBoy NFTs
|
0,060 BNB
37,54 $
|
0.0% | 0.0% | 0.0% |
|
75 072 $
120,00 BNB
|
0,20 BNB
128,21 $
|
- | ||
| - |
|
Drifters: Masterwork
|
0,30 SOL
25,41 $
|
0.0% | 9.9% | 11.5% |
|
211 305 $
2 480 SOL
|
1,50 SOL
127,81 $
|
1 | ||
| - |
|
Prophets
|
0,38 SOL
32,44 $
|
27.7% | 0.0% | 0.0% |
|
36 012 $
422,65 SOL
|
1,50 SOL
127,81 $
|
2 | ||
| - |
|
Blitmap
|
0,17 ETH
382,79 $
|
19.0% | 55.0% | 0.0% |
|
650 367 $
287,13 ETH
|
0,056 ETH
126,39 $
|
1 | ||
| - |
|
Primates
|
0,32 SOL
27,35 $
|
30.6% | 28.6% | 20.0% |
|
273 428 $
3 209 SOL
|
1,41 SOL
120,30 $
|
3 | ||
| - |
|
Wilder PALs: GEN
|
0,050 ETH
113,25 $
|
28.9% | 23.8% | 8.0% |
|
418 582 $
184,80 ETH
|
0,052 ETH
118,46 $
|
2 | ||
| - |
|
2048 by Harto
|
0,0005 BTC
33,30 $
|
0.0% | 0.2% | 36.6% |
|
0,00 kr
0 BTC
|
0,002 BTC
126,74 $
|
3 | ||
| - |
|
The Doge Pound
|
0,021 ETH
47,72 $
|
5.2% | 9.2% | 9.2% |
|
477 151 $
210,66 ETH
|
0,051 ETH
115,87 $
|
3 | ||
| - |
|
NPP (non playable pixels)
|
0,034 SOL
2,90 $
|
0.0% | 9.3% | 212.5% |
|
9 641,35 $
113,15 SOL
|
1,36 SOL
116,05 $
|
12 | ||
| - |
|
RTFKT BONUS ITEMS
|
1,50 ETH
3 397,58 $
|
40.0% | 7592.3% | 7475.8% |
|
2 191 440 $
967,50 ETH
|
0,050 ETH
113,71 $
|
2 | ||
| - |
|
CryptoPhunks
|
0,029 ETH
65,58 $
|
0.0% | 12.4% | 36.7% |
|
654 076 $
288,77 ETH
|
0,050 ETH
113,71 $
|
2 | ||
| - |
|
WPNZ
|
0,001 BTC
69,67 $
|
0.0% | 16.7% | 16.7% |
|
0,00 kr
0 BTC
|
0,002 BTC
121,93 $
|
1 | ||
| - |
|
Absolute Batman (2024-) #1
|
0,34 SOL
28,63 $
|
0.0% | 0.0% | 0.0% |
|
59 062 $
693,17 SOL
|
1,32 SOL
112,41 $
|
3 | ||
| - |
|
Micros
|
0,15 SOL
12,42 $
|
6.4% | 27.0% | 55.0% |
|
124 752 $
1 464 SOL
|
1,31 SOL
111,97 $
|
8 | ||
| - |
|
The Sad Times NFT
|
0,027 ETH
61,07 $
|
0.0% | 0.0% | 2.7% |
|
203 533 $
89,86 ETH
|
0,049 ETH
110,79 $
|
3 | ||
| - |
|
Hoodini
|
0,004 ETH
8,87 $
|
11.9% | 40.7% | 43.2% |
|
10 368,68 $
4,58 ETH
|
0,049 ETH
110,16 $
|
18 | ||
| - |
|
Azra Games - The Hopeful
|
0,022 ETH
49,72 $
|
0.1% | 43.7% | 62.1% |
|
276 196 $
121,94 ETH
|
0,049 ETH
109,86 $
|
3 | ||
| - |
|
Robinhood Chungos
|
0,0004 ETH
1,010 $
|
24.0% | 18.9% | 74.3% |
|
8 087,57 $
3,57 ETH
|
0,049 ETH
110,01 $
|
99 | ||
| - |
|
Stoned Ape Crew
|
0,46 SOL
39,20 $
|
0.8% | 16.5% | 26.6% |
|
164 642 $
1 932 SOL
|
1,27 SOL
108,21 $
|
2 | ||
| - |
|
ForgottenRunesWarriorsGuild
|
0,008 ETH
19,00 $
|
35.3% | 24.6% | 5.5% |
|
303 732 $
134,09 ETH
|
0,048 ETH
108,27 $
|
9 | ||
| - |
|
Persona
|
0,029 ETH
65,69 $
|
52.6% | 0.0% | 7.4% |
|
582 968 $
257,38 ETH
|
0,047 ETH
106,68 $
|
3 | ||
| - |
|
BullBears
|
0,14 SOL
11,79 $
|
2.3% | 25.9% | 12.4% |
|
95 320 $
1 119 SOL
|
1,24 SOL
105,91 $
|
7 | ||
| - |
|
tiny dinos (eth)
|
0,016 ETH
36,90 $
|
0.6% | 1.2% | 42.1% |
|
309 535 $
136,66 ETH
|
0,046 ETH
105,10 $
|
4 | ||
| - |
|
NOMOS
|
0,0008 BTC
55,04 $
|
97.5% | 1.0% | 148.6% |
|
0,00 kr
0 BTC
|
0,002 BTC
111,48 $
|
4 | ||
| - |
|
GOATS
|
0,18 SOL
15,38 $
|
15.4% | 34.6% | 7.6% |
|
21 844 $
256,37 SOL
|
1,22 SOL
103,77 $
|
7 | ||
| - |
|
Rune Pups
|
0,0005 BTC
36,23 $
|
0.0% | 10.6% | 10.6% |
|
390 494 $
5,60 BTC
|
0,002 BTC
110,09 $
|
4 | ||
| - |
|
Bored Ape Solana Club
|
1,23 SOL
104,67 $
|
2.8% | 13.9% | 8.3% |
|
627 681 $
7 367 SOL
|
1,19 SOL
101,22 $
|
1 | ||
| - |
|
MiFella
|
1,34 SOL
114,12 $
|
0.0% | 0.0% | 2.7% |
|
279 140 $
3 276 SOL
|
1,18 SOL
100,73 $
|
2 | ||
| - |
|
Caked Apes Official
|
0,025 ETH
56,60 $
|
0.0% | 111.8% | 131.4% |
|
502 940 $
222,04 ETH
|
0,045 ETH
100,79 $
|
3 | ||
| - |
|
Lil Peepos
|
0,005 BTC
348,37 $
|
0.0% | 66.7% | 0.0% |
|
146 316 $
2,10 BTC
|
0,002 BTC
108,00 $
|
1 | ||
| - |
|
PepeNals
|
0,0003 BTC
22,30 $
|
0.0% | 100.0% | 73.0% |
|
153 841 $
2,21 BTC
|
0,002 BTC
107,30 $
|
8 | ||
| - |
|
MidnightBreeze
|
0,080 ETH
180,98 $
|
2.5% | 2.5% | 11.1% |
|
1 261 234 $
556,82 ETH
|
0,044 ETH
99,66 $
|
1 | ||
| - |
|
Non Fungible Tokens
|
0,40 SOL
34,07 $
|
14.7% | 26.5% | 15.0% |
|
113 556 $
1 333 SOL
|
1,15 SOL
98,10 $
|
3 | ||
| - |
|
Visions of the Void
|
0,013 ETH
29,45 $
|
0.0% | 0.0% | 10.0% |
|
130 857 $
57,77 ETH
|
0,042 ETH
95,07 $
|
6 | ||
| - |
|
Trencher
|
1,08 SOL
91,63 $
|
11.9% | 28.9% | 18.2% |
|
101 801 $
1 195 SOL
|
1,11 SOL
94,85 $
|
1 | ||
| - |
|
THE SHIBOSHIS
|
0,073 ETH
166,03 $
|
0.0% | 36.4% | 8.2% |
|
1 660 119 $
732,93 ETH
|
0,042 ETH
94,09 $
|
1 | ||
| - |
|
The Pandarianz
|
0,43 SOL
36,26 $
|
7.7% | 13.6% | 73.4% |
|
40 180 $
471,56 SOL
|
1,10 SOL
93,73 $
|
3 | ||
| - |
|
XElementia
|
0,21 SOL
18,28 $
|
13.6% | 4.6% | 1.5% |
|
182 794 $
2 145 SOL
|
1,09 SOL
93,12 $
|
6 | ||
| - |
|
The Misfits Order
|
0,31 SOL
26,17 $
|
0.6% | 17.7% | 11.3% |
|
130 836 $
1 536 SOL
|
1,07 SOL
91,15 $
|
4 | ||
| - |
|
Chain Runners
|
0,045 ETH
101,93 $
|
0.0% | 107.7% | 63.6% |
|
1 019 172 $
449,96 ETH
|
0,040 ETH
91,06 $
|
2 | ||
| - |
|
10KTF Gucci Grail
|
0,030 ETH
67,50 $
|
0.0% | 98.7% | 98.7% |
|
287 072 $
126,74 ETH
|
0,040 ETH
90,38 $
|
1 | ||
| - |
|
STONES
|
0,0001 BTC
9,06 $
|
0.0% | 56.7% | 0.0% |
|
0,00 kr
0 BTC
|
0,001 BTC
96,85 $
|
7 | ||
| - |
|
Cigawrette Packs
|
0,012 ETH
27,18 $
|
0.0% | 0.0% | 1.6% |
|
271 752 $
119,98 ETH
|
0,039 ETH
89,23 $
|
6 | ||
| - |
|
GAMER Leets
|
1,00 BNB
625,60 $
|
0.0% | 33.3% | 961.4% |
|
6 255 996 $
10 000 BNB
|
0,14 BNB
87,61 $
|
1 | ||
| - |
|
Aevon
|
0,087 SOL
7,41 $
|
23.1% | 23.1% | 60.0% |
|
16 529,03 $
193,99 SOL
|
1,03 SOL
88,03 $
|
10 | ||
| - |
|
BLOOD SOLUTIONS
|
1,07 SOL
91,17 $
|
0.0% | 0.0% | 0.0% |
|
21 607 $
253,59 SOL
|
1,00 SOL
85,21 $
|
1 | ||
| - |
|
BasePaint
|
0,0010 ETH
2,20 $
|
1.3% | 3.0% | 3.0% |
|
641 662 $
283,29 ETH
|
0,037 ETH
84,39 $
|
17 | ||
| - |
|
Pesky Penguins
|
0,23 SOL
19,32 $
|
41.4% | 12.5% | 7.7% |
|
159 003 $
1 866 SOL
|
0,98 SOL
83,50 $
|
5 | ||
| - |
|
BASTARD GAN PUNKS V2
|
0,045 ETH
101,93 $
|
0.0% | 29.7% | 21.6% |
|
1 151 372 $
508,32 ETH
|
0,036 ETH
82,45 $
|
1 | ||
| - |
|
bitmap
|
Köp
|
0,0000 BTC
3,26 $
|
0.0% | 4.0% | 36.7% |
|
2 588 063 $
37,15 BTC
|
0,001 BTC
86,73 $
|
26 | |
| - |
|
TokenGators
|
0,035 ETH
80,25 $
|
0.9% | 6.2% | 64.5% |
|
321 015 $
141,73 ETH
|
0,036 ETH
80,44 $
|
1 | ||
| - |
|
Desperate ApeWives
|
0,099 ETH
224,24 $
|
46.7% | 46.7% | 28.6% |
|
2 242 404 $
990,00 ETH
|
0,035 ETH
79,96 $
|
1 | ||
| - |
|
<Player2>
|
0,22 SOL
18,69 $
|
2.5% | 31.7% | 2.1% |
|
146 024 $
1 714 SOL
|
0,93 SOL
79,62 $
|
4 | ||
| - |
|
CakeMonsterLottery
|
0,15 BNB
93,84 $
|
0.0% | 0.0% | 0.0% |
|
230 096 $
367,80 BNB
|
0,13 BNB
78,56 $
|
- | ||
| - |
|
Enigma by CyberSea x Vivid Gallery x OnChainMonkey®
|
0,003 BTC
223,65 $
|
0.0% | 16.6% | 114.0% |
|
0,00 kr
0 BTC
|
0,001 BTC
84,31 $
|
1 | ||
| - |
|
Rogues
|
0,37 SOL
31,36 $
|
10.0% | 21.9% | 11.8% |
|
104 531 $
1 227 SOL
|
0,92 SOL
78,26 $
|
2 | ||
| - |
|
The Odyssey
|
0,001 BTC
69,67 $
|
0.0% | 0.0% | 0.0% |
|
69 605 $
1,00 BTC
|
0,001 BTC
83,61 $
|
3 | ||
| - |
|
Undead Genesis
|
0,19 SOL
16,40 $
|
0.5% | 2.7% | 1.6% |
|
72 921 $
855,82 SOL
|
0,91 SOL
77,44 $
|
5 | ||
| - |
|
Drilady
|
0,31 SOL
26,43 $
|
0.0% | 0.0% | 25.7% |
|
66 075 $
775,48 SOL
|
0,90 SOL
76,69 $
|
2 | ||
| - |
|
Decentric
|
0,19 SOL
16,08 $
|
4.3% | 28.5% | 46.0% |
|
17 860,01 $
209,61 SOL
|
0,90 SOL
76,69 $
|
1 | ||
| - |
|
alien frens
|
0,018 ETH
40,09 $
|
0.0% | 3.5% | 11.1% |
|
400 852 $
176,97 ETH
|
0,033 ETH
74,67 $
|
2 | ||
| - |
|
Star Atlas Crew
|
0,007 SOL
0,607382 $
|
0.1% | 7.5% | 3.0% |
|
891 321 $
10 461 SOL
|
0,86 SOL
73,33 $
|
117 | ||
| - |
|
Solsunsets
|
0,80 SOL
67,74 $
|
0.0% | 2.6% | 207.4% |
|
291 953 $
3 426 SOL
|
0,86 SOL
73,03 $
|
4 | ||
| - |
|
3D Invisible Friends
|
0,020 ETH
45,30 $
|
0.1% | 0.1% | 0.0% |
|
226 505 $
100,00 ETH
|
0,032 ETH
72,48 $
|
2 | ||
| - |
|
Cool Pets
|
0,009 ETH
19,32 $
|
0.0% | 0.4% | 27.4% |
|
374 517 $
165,35 ETH
|
0,031 ETH
70,90 $
|
4 | ||
| - |
|
The Plague NFT
|
0,024 ETH
54,36 $
|
0.0% | 0.0% | 44.2% |
|
583 025 $
257,40 ETH
|
0,031 ETH
70,22 $
|
2 | ||
| - |
|
Cyber Frogs
|
0,93 SOL
79,01 $
|
0.1% | 11.8% | 47.6% |
|
639 027 $
7 500 SOL
|
0,83 SOL
70,47 $
|
1 | ||
| - |
|
Elements
|
0,075 SOL
6,38 $
|
12.5% | 50.0% | 50.0% |
|
63 800 $
748,78 SOL
|
0,81 SOL
69,36 $
|
11 | ||
| - |
|
Kups by Raposa
|
0,48 SOL
40,83 $
|
5.9% | 10.4% | 13.0% |
|
398 257 $
4 674 SOL
|
0,80 SOL
68,45 $
|
2 | ||
| - |
|
Labubu NFT
|
1,11 SOL
94,15 $
|
21.2% | 50.0% | 50.0% |
|
9 415,22 $
110,50 SOL
|
0,80 SOL
68,16 $
|
1 | ||
| - |
|
Degen Dojo
|
0,63 SOL
53,89 $
|
0.0% | 21.4% | 37.5% |
|
155 965 $
1 830 SOL
|
0,80 SOL
68,16 $
|
1 | ||
| - |
|
This User... Banners
|
0,088 ETH
199,32 $
|
111.1% | 111.1% | 83.4% |
|
398 650 $
176,00 ETH
|
0,030 ETH
67,73 $
|
1 | ||
| - |
|
Card NFT 2
|
0,32 SOL
27,26 $
|
0.4% | 2.4% | 29.0% |
|
231 463 $
2 717 SOL
|
0,79 SOL
67,59 $
|
2 | ||
| - |
|
Play Solana NFT
|
0,65 SOL
55,61 $
|
17.8% | 20.1% | 23.7% |
|
111 227 $
1 305 SOL
|
0,78 SOL
66,77 $
|
1 | ||
| - |
|
Forgotten Runes Wizards Cult
|
0,029 ETH
65,68 $
|
3.0% | 15.4% | 27.5% |
|
611 478 $
269,96 ETH
|
0,029 ETH
65,68 $
|
1 | ||
| - |
|
HOOD MFERS
|
0,0002 ETH
0,385059 $
|
70.0% | 89.1% | 750.0% |
|
2 683,48 $
1,18 ETH
|
0,029 ETH
65,39 $
|
117 | ||
| - |
|
Fidelion
|
0,11 SOL
9,12 $
|
0.0% | 0.0% | 1.5% |
|
82 044 $
962,89 SOL
|
0,77 SOL
65,61 $
|
7 | ||
| - |
|
Deadfrenz Collection
|
0,006 ETH
14,38 $
|
0.0% | 0.0% | 9.2% |
|
162 572 $
71,77 ETH
|
0,029 ETH
65,23 $
|
7 | ||
| - |
|
BEST BEFORE by Lemonhaze x ORDINALLY
|
0,0005 BTC
33,32 $
|
0.0% | 40.0% | 40.0% |
|
0,00 kr
0 BTC
|
0,001 BTC
69,67 $
|
1 | ||
| - |
|
OCM Katoshi Classic by OnChainMonkey®
|
0,0007 BTC
51,55 $
|
0.0% | 1.3% | 2.6% |
|
0,00 kr
0 BTC
|
0,001 BTC
69,67 $
|
1 | ||
| - |
|
RSIC METAPROTOCOL
|
0,0007 BTC
51,92 $
|
0.0% | 14.2% | 16.2% |
|
1 090 421 $
15,65 BTC
|
0,001 BTC
69,67 $
|
1 | ||
| - |
|
GODL GANG
|
1,05 SOL
89,19 $
|
2.1% | 24.8% | 2.5% |
|
29 701 $
348,58 SOL
|
0,74 SOL
63,31 $
|
1 | ||
| - |
|
Bulls and Apes Project - Genesis
|
0,048 ETH
108,27 $
|
0.0% | 3.9% | 4.2% |
|
1 136 939 $
501,95 ETH
|
0,028 ETH
63,20 $
|
1 | ||
| - |
|
0N1 FORCE: THE F4LL3N
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0,0008 BTC
55,48 $
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0.0% | 27.6% | 42.7% |
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184 911 $
2,65 BTC
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0,0008 BTC
55,46 $
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FTW
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0,0009 BTC
62,71 $
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0.0% | 32.4% | 109.3% |
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131 685 $
1,89 BTC
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0,0010 BTC
66,89 $
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Calamity: Artifacts
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0,059 ETH
133,64 $
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0.0% | 0.0% | 12.6% |
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263 535 $
116,35 ETH
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0,027 ETH
61,61 $
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Friendship Bracelets by Alexis André
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0,010 ETH
22,63 $
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9.2% | 47.1% | 20.4% |
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881 775 $
389,30 ETH
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0,027 ETH
61,38 $
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TinyHyperCats
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5,30 HYPE
368,15 $
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89.3% | 96.3% | 121.8% |
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818 032 $
11 777 HYPE
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0,87 HYPE
60,20 $
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DRIFTERS Exe
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0,32 SOL
27,35 $
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0.0% | 9.1% | 7.5% |
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169 904 $
1 994 SOL
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0,70 SOL
59,64 $
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BR1: Ape Operatives
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0,66 SOL
56,48 $
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7.1% | 18.8% | 62.9% |
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141 150 $
1 657 SOL
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0,70 SOL
59,64 $
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1337 skulls
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0,037 ETH
83,65 $
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613 227 $
270,73 ETH
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0,026 ETH
59,57 $
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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
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.