Цени на колекции от топ NFT, класирани по Пазарна кап
| # | NFT | Минимална цена | 24 ч | 7 д | 30 д | Последните 7 дни | Пазарна кап | Обем за 24 ч | 24-часови продажби | |||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - |
|
Akutars
|
0,019 ETH
45,50 $
|
4.8% | 23.3% | 45.9% |
|
678 973 $
286,94 ETH
|
0,15 ETH
354,94 $
|
3 | ||
| - |
|
LetsWalk
|
0,18 ETH
418,83 $
|
17.3% | 17.7% | 23.4% |
|
666 783 $
281,78 ETH
|
0,15 ETH
354,94 $
|
1 | ||
| - |
|
DeadFellaz
|
0,062 ETH
145,76 $
|
0.0% | 4.7% | 27.5% |
|
1 457 636 $
616,00 ETH
|
0,15 ETH
354,00 $
|
1 | ||
| - |
|
Buidlers Collective GENESIS
|
4,47 SOL
385,63 $
|
0.0% | 9.5% | 46.0% |
|
360 566 $
4 177 SOL
|
4,05 SOL
349,20 $
|
1 | ||
| - |
|
SOL Decoder
|
1,14 SOL
98,38 $
|
2.1% | 13.7% | 25.7% |
|
391 148 $
4 532 SOL
|
3,90 SOL
336,55 $
|
3 | ||
| - |
|
Play Solana NFT
|
1,29 SOL
111,25 $
|
2.5% | 9.3% | 32.7% |
|
222 495 $
2 578 SOL
|
3,88 SOL
334,80 $
|
3 | ||
| - |
|
Skellie
|
0,030 ETH
70,75 $
|
50.3% | 57.5% | 70.9% |
|
176 880 $
74,75 ETH
|
0,14 ETH
335,30 $
|
- | ||
| - |
|
Tubby Cats
|
0,028 ETH
67,44 $
|
6.6% | 149.0% | 34.5% |
|
1 348 647 $
569,94 ETH
|
0,14 ETH
328,68 $
|
6 | ||
| - |
|
Goofy Giraffes
|
0,30 SOL
26,19 $
|
0.4% | 27.9% | 80.2% |
|
78 593 $
910,51 SOL
|
3,79 SOL
326,93 $
|
4 | ||
| - |
|
Lil Chillers
|
0,61 SOL
52,32 $
|
6.4% | 121.4% | 60.2% |
|
174 477 $
2 021 SOL
|
3,72 SOL
321,40 $
|
6 | ||
| - |
|
Meerkat Millionaires Country Club
|
0,28 SOL
24,41 $
|
3.2% | 53.1% | 26.3% |
|
242 899 $
2 814 SOL
|
3,72 SOL
321,09 $
|
13 | ||
| - |
|
Planet Kaiju
|
0,11 SOL
9,14 $
|
13.0% | 4.6% | 0.6% |
|
60 905 $
705,59 SOL
|
3,68 SOL
317,52 $
|
12 | ||
| - |
|
Pandu Pandas
|
0,68 SOL
58,27 $
|
26.5% | 2.0% | 1.9% |
|
93 466 $
1 083 SOL
|
3,67 SOL
317,05 $
|
4 | ||
| - |
|
Pixelmon
|
0,017 ETH
41,03 $
|
0.6% | 15.6% | 39.6% |
|
533 574 $
225,49 ETH
|
0,13 ETH
307,62 $
|
1 | ||
| - |
|
Persona
|
0,065 ETH
153,53 $
|
0.1% | 123.7% | 16.8% |
|
1 362 535 $
575,81 ETH
|
0,13 ETH
304,69 $
|
2 | ||
| - |
|
Sensei
|
0,85 SOL
72,95 $
|
0.0% | 0.1% | 8.0% |
|
243 159 $
2 817 SOL
|
3,51 SOL
302,58 $
|
5 | ||
| - |
|
MoonCats - Acclimated
|
0,15 ETH
343,11 $
|
10.0% | 2.9% | 5.1% |
|
7 163 845 $
3 027 ETH
|
0,13 ETH
302,89 $
|
1 | ||
| - |
|
Blinks GG
|
0,89 SOL
76,56 $
|
19.1% | 26.0% | 24.8% |
|
95 929 $
1 111 SOL
|
3,50 SOL
302,30 $
|
5 | ||
| - |
|
The Wizards of Ord
|
0,005 BTC
406,34 $
|
5.3% | 17.8% | 35.0% |
|
1 354 331 $
18,00 BTC
|
0,004 BTC
304,62 $
|
1 | ||
| - |
|
Bitcoin Bandits
|
0,004 BTC
319,80 $
|
0.0% | 6.8% | 14.8% |
|
163 740 $
2,18 BTC
|
0,004 BTC
299,49 $
|
1 | ||
| - |
|
Decentraland
|
0,044 ETH
104,12 $
|
2.2% | 12.0% | 19.1% |
|
10 266 653 $
4 339 ETH
|
0,12 ETH
281,35 $
|
1 | ||
| - |
|
Wealthy Hypio Babies
|
15,66 HYPE
688,47 $
|
11.9% | 44.5% | 42.4% |
|
3 717 052 $
84 548 HYPE
|
6,40 HYPE
281,16 $
|
28 | ||
| - |
|
Kemonokaki
|
0,018 ETH
42,57 $
|
0.0% | 5.8% | 21.8% |
|
425 696 $
179,90 ETH
|
0,12 ETH
278,04 $
|
7 | ||
| - |
|
BotanNFT
|
0,19 BNB
119,45 $
|
0.0% | 0.0% | 0.0% |
|
615 865 $
993,69 BNB
|
0,46 BNB
282,07 $
|
- | ||
| - |
|
LinksDAO
|
0,015 ETH
34,54 $
|
0.0% | 0.7% | 2.0% |
|
313 997 $
132,70 ETH
|
0,12 ETH
276,35 $
|
8 | ||
| - |
|
The Art of Seasons
|
0,007 ETH
17,51 $
|
8.9% | 8.9% | 8.8% |
|
126 724 $
53,55 ETH
|
0,12 ETH
275,91 $
|
10 | ||
| - |
|
3D Invisible Friends
|
0,024 ETH
56,96 $
|
4.4% | 41.3% | 30.9% |
|
284 783 $
120,35 ETH
|
0,12 ETH
275,28 $
|
5 | ||
| - |
|
Trump Digital Trading Cards
|
0,032 ETH
76,82 $
|
4.0% | 1.2% | 66.0% |
|
3 456 776 $
1 461 ETH
|
0,12 ETH
272,76 $
|
3 | ||
| - |
|
tiny dinos (eth)
|
0,009 ETH
20,82 $
|
1.1% | 1.1% | 2.2% |
|
174 667 $
73,81 ETH
|
0,12 ETH
272,31 $
|
13 | ||
| - |
|
iconito
|
0,16 SOL
13,93 $
|
5.5% | 30.7% | 220.9% |
|
69 646 $
806,86 SOL
|
3,17 SOL
273,54 $
|
15 | ||
| - |
|
G3M NFT Series
|
0,0000 BNB
0,000000000000000620 $
|
0.0% | 0.0% | 0.0% |
|
0,000000000535037 $
0,0000 BNB
|
0,44 BNB
274,71 $
|
- | ||
| - |
|
Pythenians
|
0,73 SOL
62,80 $
|
16.9% | 2.4% | 4.5% |
|
231 184 $
2 678 SOL
|
3,13 SOL
270,24 $
|
5 | ||
| - |
|
Leveraged Labs
|
1,85 SOL
159,90 $
|
18.1% | 9.6% | 11.5% |
|
98 497 $
1 141 SOL
|
3,03 SOL
261,51 $
|
2 | ||
| - |
|
Crypto Trading Cards (1880-1979)
|
0,100 ETH
235,87 $
|
0.0% | 0.1% | 9.4% |
|
197 423 $
83,43 ETH
|
0,11 ETH
260,29 $
|
1 | ||
| - |
|
Letters by Vinnie Hager
|
0,098 ETH
231,90 $
|
0.0% | 0.0% | 0.0% |
|
231 897 $
98,00 ETH
|
0,11 ETH
260,29 $
|
1 | ||
| - |
|
GUIDE
|
0,97 SOL
84,12 $
|
0.0% | 0.0% | 17.3% |
|
84 121 $
974,55 SOL
|
3,00 SOL
258,95 $
|
1 | ||
| - |
|
Wild Forest Lords
|
183,00 RON
16,21 $
|
1.7% | 0.5% | 18.1% |
|
48 624 $
549 000 RON
|
2 890 RON
255,96 $
|
1 | ||
| - |
|
Drifters: Masterwork
|
0,27 SOL
22,90 $
|
3.3% | 6.2% | 19.2% |
|
184 656 $
2 139 SOL
|
2,92 SOL
252,42 $
|
8 | ||
| - |
|
merge
|
0,030 ETH
70,87 $
|
0.0% | 22.4% | 42.4% |
|
1 464 392 $
618,85 ETH
|
0,10 ETH
247,99 $
|
2 | ||
| - |
|
PennyMoon NFTs
|
0,010 BNB
6,20 $
|
0.0% | 0.0% | 0.0% |
|
12,41 $
0,020 BNB
|
0,41 BNB
251,07 $
|
- | ||
| - |
|
GLHF
|
0,10 ETH
246,09 $
|
0.1% | 1.0% | 3.1% |
|
872 889 $
368,88 ETH
|
0,10 ETH
245,86 $
|
1 | ||
| - |
|
Jirasan
|
0,021 ETH
50,85 $
|
28.7% | 37.9% | 20.7% |
|
508 516 $
214,90 ETH
|
0,10 ETH
239,11 $
|
6 | ||
| - |
|
CryptoUndeads
|
0,43 SOL
36,85 $
|
0.0% | 23.5% | 90.8% |
|
368 469 $
4 269 SOL
|
2,76 SOL
238,05 $
|
6 | ||
| - |
|
Moonbirds Oddities
|
0,099 ETH
234,20 $
|
0.8% | 4.8% | 12.3% |
|
1 416 439 $
598,59 ETH
|
0,10 ETH
236,63 $
|
1 | ||
| - |
|
FVCK_CRYSTAL//
|
0,070 ETH
165,64 $
|
0.0% | 5.4% | 16.7% |
|
688 236 $
290,85 ETH
|
0,099 ETH
234,26 $
|
1 | ||
| - |
|
Mars Cats Voyage
|
0,015 ETH
34,78 $
|
1.3% | 4.0% | 9.1% |
|
347 508 $
146,86 ETH
|
0,097 ETH
228,69 $
|
5 | ||
| - |
|
Portals
|
0,30 SOL
25,58 $
|
0.0% | 13.7% | 12.1% |
|
383 652 $
4 445 SOL
|
2,63 SOL
226,76 $
|
3 | ||
| - |
|
Impostors Genesis Aliens
|
0,12 ETH
275,45 $
|
22.5% | 5.8% | 27.9% |
|
2 870 174 $
1 213 ETH
|
0,095 ETH
224,80 $
|
1 | ||
| - |
|
Trippin' Ape Tribe
|
0,15 SOL
12,83 $
|
0.0% | 0.0% | 0.0% |
|
120 133 $
1 392 SOL
|
2,60 SOL
224,14 $
|
3 | ||
| - |
|
Smyths
|
1,37 SOL
118,57 $
|
0.1% | 13.3% | 7.7% |
|
526 915 $
6 104 SOL
|
2,61 SOL
224,94 $
|
2 | ||
| - |
|
$DOG | Ordinals - SZN II B9-450x
|
0,004 BTC
300,99 $
|
0.0% | 111.6% | 67.4% |
|
0,00 лв.
0 BTC
|
0,003 BTC
225,74 $
|
1 | ||
| - |
|
Oblivion by Nullish
|
0,005 BTC
367,96 $
|
0.0% | 29.1% | 33.9% |
|
203 852 $
2,71 BTC
|
0,003 BTC
225,74 $
|
1 | ||
| - |
|
DogePunks
|
0,0004 BTC
26,34 $
|
45.8% | 0.0% | 16.7% |
|
263 368 $
3,50 BTC
|
0,003 BTC
225,67 $
|
11 | ||
| - |
|
Torrino DAO
|
3,41 SOL
294,17 $
|
2.9% | 15.6% | 3.5% |
|
147 083 $
1 704 SOL
|
2,57 SOL
221,84 $
|
1 | ||
| - |
|
Timeless
|
0,008 ETH
18,45 $
|
17.9% | 56.2% | 18.8% |
|
173 773 $
73,44 ETH
|
0,093 ETH
221,20 $
|
13 | ||
| - |
|
Fomojis 2.0
|
0,002 BTC
148,99 $
|
0.0% | 15.7% | 5.9% |
|
299 324 $
3,98 BTC
|
0,003 BTC
224,24 $
|
1 | ||
| - |
|
Timeless
|
0,008 ETH
18,45 $
|
17.9% | 56.2% | 18.8% |
|
173 773 $
73,44 ETH
|
0,093 ETH
221,20 $
|
13 | ||
| - |
|
Yumemono ☆ 夢物
|
0,020 ETH
48,47 $
|
11.0% | 16.3% | 25.2% |
|
252 048 $
106,52 ETH
|
0,091 ETH
216,48 $
|
5 | ||
| - |
|
Pome Survival Companion Pet
|
0,30 BNB
185,93 $
|
0.0% | 0.0% | 696.1% |
|
558 913 $
901,80 BNB
|
0,35 BNB
216,91 $
|
6 | ||
| - |
|
VOX Collectibles: The Walking Dead
|
0,008 ETH
19,21 $
|
47.6% | 52.3% | 44.4% |
|
155 982 $
65,92 ETH
|
0,090 ETH
213,84 $
|
11 | ||
| - |
|
Claynosaurz: Clay
|
0,32 SOL
27,25 $
|
20.2% | 3.3% | 7.9% |
|
626 453 $
7 258 SOL
|
2,47 SOL
213,48 $
|
7 | ||
| - |
|
The Doggies (Snoop Dogg)
|
0,010 ETH
23,65 $
|
0.0% | 25.0% | 25.0% |
|
236 535 $
99,96 ETH
|
0,090 ETH
212,91 $
|
9 | ||
| - |
|
$DOG | Genesis
|
0,004 BTC
293,47 $
|
0.0% | 2.5% | 11.7% |
|
1 614 072 $
21,45 BTC
|
0,003 BTC
206,93 $
|
1 | ||
| - |
|
PoorTraits
|
0,0002 BTC
15,05 $
|
4.8% | 20.0% | 23.1% |
|
0,00 лв.
0 BTC
|
0,003 BTC
205,43 $
|
13 | ||
| - |
|
Thetan Hero
|
1,00 BNB
619,77 $
|
0.0% | 0.0% | 900.0% |
|
220 737 592 $
356 158 BNB
|
0,33 BNB
204,99 $
|
22 | ||
| - |
|
Tennis Champs Genesis
|
0,012 ETH
28,16 $
|
0.8% | 2.6% | 2.6% |
|
93 854 $
39,66 ETH
|
0,083 ETH
195,66 $
|
8 | ||
| - |
|
MathVerse Land
|
5,00 BNB
3 098,87 $
|
0.0% | 5278.8% | 7860.7% |
|
7 747 179 $
12 500 BNB
|
0,32 BNB
197,91 $
|
1 | ||
| - |
|
$DOG | Ordinals - SZN I Genesis
|
0,004 BTC
293,47 $
|
0.0% | 2.5% | 11.7% |
|
1 614 072 $
21,45 BTC
|
0,003 BTC
206,93 $
|
1 | ||
| - |
|
Punky Kongz
|
2,35 SOL
203,15 $
|
1.4% | 8.0% | 33.3% |
|
1 015 929 $
11 770 SOL
|
2,24 SOL
193,35 $
|
1 | ||
| - |
|
Planets
|
0,003 BTC
193,80 $
|
0.0% | 22.9% | 102.6% |
|
0,00 лв.
0 BTC
|
0,003 BTC
193,80 $
|
1 | ||
| - |
|
Runestone
|
0,001 BTC
104,44 $
|
0.0% | 3.7% | 28.6% |
|
11 739 551 $
156,01 BTC
|
0,003 BTC
191,13 $
|
2 | ||
| - |
|
Proud Kitty Gang
|
0,50 BNB
309,89 $
|
0.0% | 0.0% | 696.1% |
|
1 538 900 $
2 483 BNB
|
0,31 BNB
190,90 $
|
3 | ||
| - |
|
Peepos
|
0,003 BTC
225,74 $
|
0.0% | 40.0% | 40.0% |
|
94 813 $
1,26 BTC
|
0,003 BTC
190,38 $
|
2 | ||
| - |
|
Art Gobblers
|
0,009 ETH
20,22 $
|
25.0% | 46.6% | 65.8% |
|
175 446 $
74,14 ETH
|
0,079 ETH
186,70 $
|
11 | ||
| - |
|
TinFun
|
0,50 ETH
1 183,15 $
|
904.0% | 900.0% | 900.0% |
|
11 831 464 $
5 000 ETH
|
0,078 ETH
185,04 $
|
2 | ||
| - |
|
Fableborne Kingdoms
|
83,94 RON
7,43 $
|
0.0% | 0.1% | 21.4% |
|
53 910 $
608 678 RON
|
2 116 RON
187,43 $
|
13 | ||
| - |
|
The Royals
|
0,0004 BTC
28,22 $
|
0.0% | 3.0% | 3.8% |
|
284 438 $
3,78 BTC
|
0,002 BTC
186,69 $
|
7 | ||
| - |
|
Shadow Wolves
|
0,010 ETH
22,94 $
|
0.1% | 24.6% | 31.7% |
|
143 368 $
60,59 ETH
|
0,077 ETH
183,34 $
|
8 | ||
| - |
|
MOSCIUN
|
0,53 SOL
45,81 $
|
1.4% | 11.0% | 15.5% |
|
152 686 $
1 769 SOL
|
2,11 SOL
182,42 $
|
4 | ||
| - |
|
Bitcoin Philately
|
0,0007 BTC
50,42 $
|
16.2% | 9.5% | 21.2% |
|
0,00 лв.
0 BTC
|
0,002 BTC
180,60 $
|
1 | ||
| - |
|
Pop Art Cats by Matt Chessco
|
0,041 ETH
96,78 $
|
0.0% | 0.0% | 0.0% |
|
967 814 $
409,00 ETH
|
0,074 ETH
174,63 $
|
2 | ||
| - |
|
LO-FI PEPE
|
0,008 ETH
17,98 $
|
15.1% | 17.4% | 19.2% |
|
125 296 $
52,95 ETH
|
0,074 ETH
175,07 $
|
10 | ||
| - |
|
Monke
|
0,34 SOL
29,68 $
|
17.3% | 28.5% | 28.5% |
|
9 941,59 $
115,17 SOL
|
2,01 SOL
173,49 $
|
6 | ||
| - |
|
THC ᴸᵃᵇᶻ | The Growerz
|
0,65 SOL
55,77 $
|
0.0% | 4.4% | 49.7% |
|
130 212 $
1 509 SOL
|
2,00 SOL
172,63 $
|
1 | ||
| - |
|
BasePaint
|
0,0009 ETH
2,21 $
|
0.1% | 12.4% | 11.7% |
|
622 361 $
263,01 ETH
|
0,072 ETH
170,41 $
|
24 | ||
| - |
|
CNP RED
|
0,91 SOL
78,54 $
|
0.2% | 3.7% | 12.0% |
|
160 604 $
1 861 SOL
|
1,95 SOL
168,41 $
|
2 | ||
| - |
|
Metaverse HQ
|
0,070 ETH
165,64 $
|
16.7% | 0.0% | 35.8% |
|
147 254 $
62,23 ETH
|
0,070 ETH
165,62 $
|
1 | ||
| - |
|
Kagami
|
0,097 ETH
229,41 $
|
0.1% | 2.8% | 35.4% |
|
204 865 $
86,58 ETH
|
0,070 ETH
165,64 $
|
1 | ||
| - |
|
GhostKidDAO
|
0,19 SOL
16,12 $
|
93.9% | 93.9% | 93.9% |
|
78 946 $
914,61 SOL
|
1,91 SOL
164,82 $
|
15 | ||
| - |
|
Bitcoin Frogs
|
0,004 BTC
300,99 $
|
29.0% | 11.1% | 17.3% |
|
3 009 925 $
40,00 BTC
|
0,002 BTC
165,71 $
|
1 | ||
| - |
|
Yuna Revelation BRC2.0
|
0,0008 BTC
60,12 $
|
0.0% | 0.0% | 39.5% |
|
0,00 лв.
0 BTC
|
0,002 BTC
165,09 $
|
4 | ||
| - |
|
Volted Dragons Sailors Club - VDSC
|
0,12 ETH
283,93 $
|
17.2% | 11.3% | 19.8% |
|
1 246 438 $
526,75 ETH
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0,068 ETH
160,91 $
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1 | ||
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Founders’ collection Citizen Zero
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0,050 ETH
118,31 $
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1150.3% | 426.4% | 426.4% |
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262 895 $
111,10 ETH
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0,068 ETH
160,84 $
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17 | ||
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FGDNFT
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0,44 BNB
273,05 $
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0.0% | 0.0% | 0.0% |
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2 090 743 $
3 373 BNB
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0,25 BNB
157,96 $
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AILU
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0,002 BTC
180,60 $
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14.0% | 17.0% | 4.8% |
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379 251 $
5,04 BTC
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0,002 BTC
158,02 $
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1 | ||
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YuliOriginGenOne
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500,00 BNB
309 887 $
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0.0% | 0.0% | 38.9% |
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1 609 863 871 $
2 597 500 BNB
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0,25 BNB
156,98 $
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5 | ||
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Sugartown Oras
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0,042 ETH
99,29 $
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0.0% | 0.0% | 67.8% |
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700 091 $
295,86 ETH
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0,065 ETH
154,97 $
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NodeRocks
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0,0004 BTC
33,79 $
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0.0% | 49.7% | 124.5% |
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337 864 $
4,49 BTC
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0,002 BTC
150,50 $
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1 | ||
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OCM Katoshi Prime by OnChainMonkey®
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0,001 BTC
87,71 $
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0.0% | 22.3% | 26.6% |
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0,00 лв.
0 BTC
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0,002 BTC
150,50 $
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Lil Nouns
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0,019 ETH
45,43 $
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1.1% | 0.0% | 1.1% |
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348 606 $
147,32 ETH
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0,063 ETH
149,08 $
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4 | ||
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 за данни за 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
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.
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