Ціни на найкращі NFT-колекції за обсягом торгів за 24 години
# | NFT | Мінімальна ціна | 24 год% | Останні 7 днів | Ринкова капіталізація | Обсяг торгів за 24 години | Продажі за 24 години | Власники за останні 24 години | |||
---|---|---|---|---|---|---|---|---|---|---|---|
1 |
Bored Ape Yacht Club
Ethereum
|
Купити
|
15,96 ETH
49 708 $
|
7.5% |
159 548 ETH
496 983 042 $
|
1 667 ETH
5 192 792 $
|
99 | 0.1% | |||
2 |
Mutant Ape Yacht Club
Ethereum
|
Купити
|
3,20 ETH
9 974,94 $
|
11.1% |
62 456 ETH
194 441 446 $
|
899,59 ETH
2 800 685 $
|
280 | 0.2% | |||
3 |
Pudgy Penguins
Ethereum
|
12,00 ETH
37 359 $
|
8.7% |
106 656 ETH
332 049 586 $
|
706,31 ETH
2 198 944 $
|
58 | 0.0% | ||||
4 |
Azuki
Ethereum
|
Купити
|
4,54 ETH
14 129,38 $
|
0.7% |
45 360 ETH
141 293 773 $
|
251,35 ETH
782 930 $
|
55 | 0.0% | |||
5 |
DeGods
Ethereum
|
Купити
|
1,74 ETH
5 420,71 $
|
4.4% |
15 643 ETH
48 732 214 $
|
201,35 ETH
627 278 $
|
108 | 0.0% | |||
6 |
Milady Maker
Ethereum
|
Купити
|
4,80 ETH
14 955,23 $
|
5.6% |
47 845 ETH
149 223 268 $
|
192,89 ETH
601 610 $
|
40 | 0.2% | |||
7 |
Lil Pudgys
Ethereum
|
0,97 ETH
3 005,92 $
|
5.8% |
20 895 ETH
65 087 167 $
|
155,04 ETH
482 933 $
|
154 | 0.0% | ||||
8 |
Bitcoin Puppets
Bitcoin
|
0,28 BTC
17 682,64 $
|
13.5% |
2 810 BTC
176 844 130 $
|
7,49 BTC
471 285 $
|
25 | 0.1% | ||||
9 |
Captainz
Ethereum
|
3,26 ETH
10 145,37 $
|
1.1% |
32 567 ETH
101 443 518 $
|
138,99 ETH
432 958 $
|
43 | 0.1% | ||||
10 |
Prometheans
Bitcoin
|
0,081 BTC
5 092,83 $
|
8.4% |
1 699 BTC
106 949 387 $
|
6,45 BTC
406 048 $
|
80 | 0.6% | ||||
11 |
Lasogette
Ethereum
|
0,54 ETH
1 681,45 $
|
19.0% |
4 180 ETH
13 019 434 $
|
117,88 ETH
367 202 $
|
212 | 0.5% | ||||
12 |
CryptoPunks
Ethereum
|
Купити
|
38,97 ETH
121 389 $
|
0.0% |
389 466 ETH
1 213 164 597 $
|
106,98 ETH
333 237 $
|
2 | 0.0% | |||
13 |
Redacted Remilio Babies
Ethereum
|
1,66 ETH
5 172,08 $
|
3.6% |
16 586 ETH
51 710 436 $
|
100,03 ETH
311 882 $
|
61 | 0.3% | ||||
14 |
Mad Lads
Solana
|
89,95 SOL
12 242,04 $
|
0.0% |
896 442 SOL
122 004 144 $
|
1 813 SOL
246 747 $
|
18 | 0.2% | ||||
15 |
RSIC METAPROTOCOL
Bitcoin
|
0,042 BTC
2 642,33 $
|
16.0% |
881,79 BTC
55 488 894 $
|
3,83 BTC
241 045 $
|
80 | 0.2% | ||||
16 |
Forked Nouns
Ethereum
|
36,75 ETH
114 489 $
|
0.7% |
17 346 ETH
54 038 905 $
|
71,00 ETH
221 190 $
|
2 | 0.0% | ||||
17 |
Doodles
Ethereum
|
1,56 ETH
4 866,05 $
|
2.7% |
15 627 ETH
48 650 775 $
|
67,70 ETH
210 758 $
|
43 | 0.0% | ||||
18 |
rektguy
Ethereum
|
0,41 ETH
1 270,19 $
|
9.1% |
3 596 ETH
11 195 412 $
|
66,08 ETH
205 710 $
|
157 | 0.5% | ||||
19 |
Clone X
Ethereum
|
0,57 ETH
1 778,32 $
|
3.2% |
11 186 ETH
34 844 411 $
|
64,35 ETH
200 432 $
|
111 | 0.1% | ||||
20 |
Moonbirds
Ethereum
|
0,63 ETH
1 974,87 $
|
0.6% |
6 340 ETH
19 748 733 $
|
63,49 ETH
197 764 $
|
99 | 0.1% | ||||
21 |
Froganas
Solana
|
1,99 SOL
271,42 $
|
12.0% |
11 054 SOL
1 507 716 $
|
1 364 SOL
186 015 $
|
602 | 1.8% | ||||
22 |
WHAT THE FFFF
Ethereum
|
0,011 ETH
34,23 $
|
0.0% |
11,00 ETH
34 234 $
|
59,34 ETH
184 663 $
|
- | 0.0% | ||||
23 |
Rune Pups
Bitcoin
|
0,069 BTC
4 335,08 $
|
22.4% |
742,50 BTC
46 723 489 $
|
2,93 BTC
184 433 $
|
37 | 0.2% | ||||
24 |
Mocaverse
Ethereum
|
3,80 ETH
11 823,60 $
|
7.4% |
33 755 ETH
105 088 160 $
|
56,20 ETH
174 979 $
|
15 | 0.1% | ||||
25 |
NodeMonkes
Bitcoin
|
0,35 BTC
22 025 $
|
10.7% |
3 500 BTC
220 246 458 $
|
2,68 BTC
168 677 $
|
7 | 0.5% | ||||
26 |
BEEPLE - GENESIS COLLECTION
Ethereum
|
79,00 ETH
245 949 $
|
73.4% |
8 058 ETH
25 086 780 $
|
50,00 ETH
155 664 $
|
1 | 0.0% | ||||
27 |
L3E7 Worlds
Ethereum
|
5,98 ETH
18 626,69 $
|
5.1% |
3 587 ETH
11 176 015 $
|
44,72 ETH
139 318 $
|
8 | 0.3% | ||||
28 |
Azuki Elementals
Ethereum
|
0,41 ETH
1 282,67 $
|
6.8% |
6 499 ETH
20 232 833 $
|
44,36 ETH
138 100 $
|
104 | 0.1% | ||||
29 |
Bored Ape Kennel Club
Ethereum
|
0,63 ETH
1 968,49 $
|
12.7% |
6 068 ETH
18 901 421 $
|
41,85 ETH
130 357 $
|
65 | 0.0% | ||||
30 |
My Pet Hooligan
Ethereum
|
0,48 ETH
1 488,15 $
|
3.4% |
4 248 ETH
13 226 642 $
|
41,16 ETH
128 141 $
|
68 | 0.1% | ||||
31 |
Runestone
Bitcoin
|
0,025 BTC
1 556,89 $
|
14.6% |
2 781 BTC
174 994 525 $
|
2,03 BTC
127 967 $
|
80 | 0.1% | ||||
32 |
Quantum Cats
Bitcoin
|
0,40 BTC
25 095 $
|
0.3% |
1 330 BTC
83 642 282 $
|
2,02 BTC
126 859 $
|
5 | 1.2% | ||||
33 |
INK
Bitcoin
|
0,019 BTC
1 164,16 $
|
19.6% |
185,00 BTC
11 641 599 $
|
1,93 BTC
121 696 $
|
80 | 0.0% | ||||
34 |
CyberKongz (Babies)
Ethereum
|
0,98 ETH
3 044,78 $
|
0.2% |
3 912 ETH
12 179 136 $
|
36,43 ETH
113 411 $
|
42 | 0.0% | ||||
35 |
Terraforms by Mathcastles
Ethereum
|
1,02 ETH
3 186,44 $
|
2.5% |
10 144 ETH
31 580 789 $
|
34,49 ETH
107 364 $
|
34 | 0.3% | ||||
36 |
Bit Bears by Berachain
Ethereum
|
4,29 ETH
13 372,45 $
|
2.7% |
9 784 ETH
30 475 805 $
|
33,00 ETH
102 790 $
|
8 | 0.1% | ||||
37 |
Kanpai Pandas
Ethereum
|
1,71 ETH
5 335,84 $
|
0.5% |
13 648 ETH
42 489 272 $
|
32,70 ETH
101 791 $
|
20 | 0.0% | ||||
38 |
mfers
Ethereum
|
0,45 ETH
1 403,78 $
|
5.6% |
4 518 ETH
14 064 434 $
|
31,75 ETH
98 842 $
|
69 | 0.1% | ||||
39 |
MATR1X KUKU
Ethereum
|
1,67 ETH
5 202,64 $
|
10.7% |
11 132 ETH
34 680 790 $
|
30,19 ETH
94 065 $
|
19 | 0.3% | ||||
40 |
Ordinal Maxi Biz (OMB)
Bitcoin
|
0,42 BTC
26 467 $
|
0.0% |
883,24 BTC
55 580 076 $
|
1,41 BTC
88 574 $
|
3 | 0.0% | ||||
41 |
TOPIA Worlds
Ethereum
|
0,94 ETH
2 920,25 $
|
29.8% |
9 379 ETH
29 199 610 $
|
28,30 ETH
88 092 $
|
27 | 0.9% | ||||
42 |
Solana Monkey Business
Solana
|
36,94 SOL
5 027,47 $
|
0.1% |
184 441 SOL
25 102 154 $
|
603,38 SOL
82 119 $
|
16 | 0.0% | ||||
43 |
Otherdeed for Otherside
Ethereum
|
0,20 ETH
630,13 $
|
2.4% |
9 558 ETH
29 755 232 $
|
25,71 ETH
80 057 $
|
78 | 0.0% | ||||
44 |
Pixelmon
Ethereum
|
1,60 ETH
4 983,91 $
|
2.6% |
20 106 ETH
62 627 780 $
|
25,39 ETH
79 092 $
|
12 | 0.1% | ||||
45 |
Persona
Ethereum
|
0,24 ETH
732,01 $
|
10.6% |
2 086 ETH
6 496 601 $
|
22,70 ETH
70 709 $
|
92 | 0.6% | ||||
46 |
Chromie Squiggle by Snowfro
Ethereum
|
5,35 ETH
16 656,03 $
|
2.7% |
53 468 ETH
166 460 340 $
|
21,87 ETH
68 090 $
|
3 | 0.0% | ||||
47 |
PXQuest Adventurer
Ethereum
|
0,72 ETH
2 238,56 $
|
3.3% |
5 385 ETH
16 789 222 $
|
21,61 ETH
67 360 $
|
32 | 0.2% | ||||
48 |
RΞMNANTS
Ethereum
|
7,50 ETH
23 350 $
|
25.2% |
1 875 ETH
5 837 393 $
|
21,50 ETH
66 935 $
|
2 | 0.0% | ||||
49 |
CryptoDickbutts
Ethereum
|
0,39 ETH
1 229,74 $
|
6.8% |
2 053 ETH
6 392 209 $
|
20,44 ETH
63 621 $
|
47 | 0.1% | ||||
50 |
BEEPLE - SPRING/SUMMER COLLECTION 2021
Ethereum
|
10,50 ETH
32 689 $
|
16.7% |
5 365 ETH
16 704 282 $
|
20,00 ETH
62 266 $
|
1 | 0.0% | ||||
51 |
Honey Comb
Ethereum
|
0,30 ETH
935,59 $
|
13.4% |
4 926 ETH
15 362 368 $
|
19,57 ETH
61 037 $
|
65 | 0.2% | ||||
52 |
Claynosaurz
Solana
|
13,93 SOL
1 895,98 $
|
4.7% |
139 310 SOL
18 959 779 $
|
447,14 SOL
60 855 $
|
24 | 0.2% | ||||
53 |
Flokitars
Ethereum
|
0,033 ETH
102,30 $
|
0.0% |
328,93 ETH
1 022 983 $
|
19,38 ETH
60 285 $
|
15 | 0.0% | ||||
54 |
Fellowship Patron Pass
Ethereum
|
0,055 ETH
171,39 $
|
15.1% |
54,99 ETH
171 392 $
|
18,87 ETH
58 795 $
|
2 | 0.0% | ||||
55 |
sharx by sharky.fi
Solana
|
3,23 SOL
439,85 $
|
5.0% |
32 649 SOL
4 445 967 $
|
428,39 SOL
58 336 $
|
127 | 0.9% | ||||
56 |
PX Quest
Ethereum
|
0,72 ETH
2 235,91 $
|
0.2% |
5 384 ETH
16 769 291 $
|
18,16 ETH
56 552 $
|
27 | 0.2% | ||||
57 |
Honey Badgers
Bitcoin
|
0,024 BTC
1 509,49 $
|
10.6% |
240,00 BTC
15 094 854 $
|
0,86 BTC
53 907 $
|
32 | 0.3% | ||||
58 |
Apostles of Greed 🟠
Bitcoin
|
0,016 BTC
1 025,72 $
|
18.1% |
45,12 BTC
2 839 191 $
|
0,83 BTC
52 100 $
|
38 | 0.7% | ||||
59 |
Rug Radio - Genesis NFT
Ethereum
|
0,094 ETH
293,57 $
|
15.7% |
1 886 ETH
5 871 328 $
|
15,93 ETH
49 601 $
|
168 | 0.4% | ||||
60 |
Rune Doors
Bitcoin
|
0,008 BTC
516,01 $
|
26.8% |
82,00 BTC
5 160 060 $
|
0,78 BTC
49 358 $
|
80 | 0.5% | ||||
61 |
Skyborne - NexianGems
Ethereum
|
0,95 ETH
2 949,85 $
|
4.9% |
3 156 ETH
9 831 851 $
|
15,84 ETH
49 341 $
|
17 | 0.4% | ||||
62 |
Pizza Ninjas
Bitcoin
|
0,15 BTC
9 409,12 $
|
7.6% |
224,40 BTC
14 113 687 $
|
0,77 BTC
48 555 $
|
5 | 0.5% | ||||
63 |
MAX PAIN AND FRENS BY XCOPY
Ethereum
|
0,60 ETH
1 867,97 $
|
0.2% |
4 181 ETH
13 017 853 $
|
14,97 ETH
46 596 $
|
8 | 0.0% | ||||
64 |
Overworld Incarna
Ethereum
|
1,33 ETH
4 142,87 $
|
3.6% |
7 980 ETH
24 857 238 $
|
14,53 ETH
45 266 $
|
10 | 0.0% | ||||
65 |
Pudgy Rods
Ethereum
|
0,22 ETH
679,15 $
|
1.4% |
1 612 ETH
5 022 291 $
|
13,68 ETH
42 632 $
|
62 | 0.2% | ||||
66 |
Pixels - Farm Land
Ethereum
|
1,61 ETH
5 012,37 $
|
3.0% |
8 050 ETH
25 061 873 $
|
13,52 ETH
42 101 $
|
8 | 0.1% | ||||
67 |
Sproto Gremlins
Ethereum
|
0,34 ETH
1 064,43 $
|
8.8% |
1 139 ETH
3 544 549 $
|
13,41 ETH
41 738 $
|
40 | 0.4% | ||||
68 |
Bitcoin Punks
Bitcoin
|
0,030 BTC
1 873,23 $
|
24.1% |
297,68 BTC
18 732 276 $
|
0,66 BTC
41 681 $
|
24 | 0.0% | ||||
69 |
OSF
Ethereum
|
3,49 ETH
10 850,50 $
|
0.0% |
732,54 ETH
2 278 606 $
|
13,34 ETH
41 494 $
|
4 | 0.6% | ||||
70 |
Meebits
Ethereum
|
0,62 ETH
1 933,17 $
|
1.4% |
12 399 ETH
38 661 437 $
|
13,18 ETH
41 082 $
|
21 | 0.0% | ||||
71 |
Nobody
Ethereum
|
0,15 ETH
482,66 $
|
4.8% |
1 550 ETH
4 826 603 $
|
13,03 ETH
40 585 $
|
83 | 0.0% | ||||
72 |
Candy Collective: Genesis Collection
Ethereum
|
0,52 ETH
1 635,55 $
|
7.6% |
1 050 ETH
3 271 108 $
|
12,85 ETH
40 046 $
|
29 | 0.4% | ||||
73 |
FLUF World
Ethereum
|
0,50 ETH
1 557,36 $
|
5.3% |
4 999 ETH
15 573 647 $
|
12,85 ETH
40 029 $
|
15 | 0.2% | ||||
74 |
The Wizards of Ord
Bitcoin
|
0,029 BTC
1 823,96 $
|
16.0% |
96,66 BTC
6 079 264 $
|
0,64 BTC
39 988 $
|
23 | 0.2% | ||||
75 |
Muraqqa
Ethereum
|
4,50 ETH
13 989,34 $
|
12.8% |
499,50 ETH
1 552 817 $
|
12,79 ETH
39 761 $
|
4 | 3.8% | ||||
76 |
SchizoPosters
Ethereum
|
0,47 ETH
1 463,71 $
|
7.8% |
2 610 ETH
8 129 452 $
|
12,27 ETH
38 225 $
|
26 | 0.1% | ||||
77 |
BEANZ Official
Ethereum
|
0,23 ETH
728,51 $
|
6.4% |
4 668 ETH
14 533 707 $
|
12,06 ETH
37 549 $
|
48 | 0.0% | ||||
78 |
TODAY - Ancient Seed
Ethereum
|
1,43 ETH
4 451,25 $
|
10.0% |
1 110 ETH
3 458 623 $
|
11,23 ETH
34 975 $
|
7 | 6.5% | ||||
79 |
Mittaria Genesis
Ethereum
|
0,15 ETH
475,46 $
|
17.9% |
338,86 ETH
1 056 475 $
|
10,87 ETH
33 896 $
|
72 | 0.2% | ||||
80 |
CEDEN Keystone NFT Nodes
Ethereum
|
0,12 ETH
370,34 $
|
30.3% |
1 189 ETH
3 703 355 $
|
10,47 ETH
32 610 $
|
87 | 1.8% | ||||
81 |
Blond
Ethereum
|
2,67 ETH
8 304,85 $
|
3.5% |
42,72 ETH
132 878 $
|
10,47 ETH
32 566 $
|
4 | 0.0% | ||||
82 |
Sappy Seals
Ethereum
|
0,73 ETH
2 259,93 $
|
2.8% |
7 257 ETH
22 592 492 $
|
10,38 ETH
32 320 $
|
15 | 0.3% | ||||
83 |
Ape Odyssey
Bitcoin
|
0,009 BTC
560,06 $
|
8.5% |
44,50 BTC
2 800 276 $
|
0,51 BTC
32 223 $
|
58 | 0.2% | ||||
84 |
The Memes by 6529
Ethereum
|
0,029 ETH
88,78 $
|
0.5% |
5,11 ETH
15 891,91 $
|
10,15 ETH
31 558 $
|
67 | 0.2% | ||||
85 |
Cool Cats
Ethereum
|
0,48 ETH
1 495,17 $
|
1.6% |
4 785 ETH
14 903 845 $
|
9,65 ETH
30 074 $
|
19 | 0.0% | ||||
86 |
DogePunks
Bitcoin
|
0,005 BTC
308,32 $
|
108.8% |
48,99 BTC
3 083 152 $
|
0,45 BTC
28 037 $
|
80 | 1.9% | ||||
87 |
Murakami.Flowers Official
Ethereum
|
0,21 ETH
663,48 $
|
3.1% |
2 163 ETH
6 736 339 $
|
8,84 ETH
27 529 $
|
39 | 0.0% | ||||
88 |
Tiny Vikings
Bitcoin
|
0,004 BTC
264,48 $
|
14.3% |
84,00 BTC
5 289 587 $
|
0,42 BTC
26 139 $
|
80 | 0.2% | ||||
89 |
Primera by Mitchell and Yun
Ethereum
|
1,91 ETH
5 958,19 $
|
73.6% |
764,00 ETH
2 383 277 $
|
8,17 ETH
25 486 $
|
7 | 2.4% | ||||
90 |
CryptoUndeads
Solana
|
1,29 SOL
175,82 $
|
11.1% |
12 899 SOL
1 758 009 $
|
182,64 SOL
24 893 $
|
72 | 0.2% | ||||
91 |
Sam Spratt - LUCI: Chapter 5 - The Monument Game
Ethereum
|
Купити
|
9,97 ETH
31 053 $
|
16.6% |
2 552 ETH
7 949 532 $
|
7,97 ETH
24 823 $
|
1 | 0.7% | |||
92 |
Pixelmon Trainers - Generation 1
Ethereum
|
0,33 ETH
1 027,62 $
|
5.4% |
2 309 ETH
7 193 336 $
|
7,73 ETH
24 075 $
|
18 | 0.2% | ||||
93 |
Nouns
Ethereum
|
Купити
|
10,05 ETH
31 334 $
|
30.5% |
10 995 ETH
34 279 008 $
|
7,70 ETH
24 007 $
|
1 | 0.4% | |||
94 |
Parallel Avatars
Ethereum
|
0,71 ETH
2 200,71 $
|
0.3% |
7 772 ETH
24 209 973 $
|
7,39 ETH
23 010 $
|
10 | 0.1% | ||||
95 |
The Potatoz
Ethereum
|
1,90 ETH
5 914,42 $
|
2.4% |
18 968 ETH
59 138 290 $
|
7,36 ETH
22 941 $
|
4 | 0.1% | ||||
96 |
The Weirdo Ghost Gang
Ethereum
|
0,26 ETH
795,63 $
|
4.2% |
1 419 ETH
4 420 520 $
|
7,36 ETH
22 929 $
|
32 | 0.3% | ||||
97 |
Natcats
Bitcoin
|
0,031 BTC
1 981,53 $
|
12.3% |
253,93 BTC
15 979 025 $
|
0,36 BTC
22 737 $
|
10 | 0.3% | ||||
98 |
Solcasino.io
Solana
|
16,99 SOL
2 312,04 $
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9.6% |
84 940 SOL
11 560 185 $
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165,80 SOL
22 565 $
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10 | 7.0% | ||||
99 |
Ultiverse - Electric Sheep
Ethereum
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1,46 ETH
4 554,98 $
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0.0% |
10 236 ETH
31 884 859 $
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7,20 ETH
22 427 $
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5 | 0.1% | ||||
100 |
Alpha Gate
Ethereum
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1,85 ETH
5 762,64 $
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7.5% |
952,75 ETH
2 967 761 $
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7,13 ETH
22 210 $
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4 | 2.3% |
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 API даних NFT.
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.