Najviše cijene NFT kolekcija rangirane prema tržišnoj kapitalizaciji
| # | NFT | Minimalna cijena | 24 h | 7 d | 30 d | U posljednjih 7 dana | Tržišna kapit. | Volumen u 24 h | Prodaja u 24 h | |||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - |
|
The Memes by 6529
|
0,015 ETH
25,62 $
|
0.1% | 0.0% | 9.9% |
|
5.388.921 $
3.217 ETH
|
1,73 ETH
2.896,08 $
|
28 | ||
| - |
|
Otherside Koda
|
0,73 ETH
1.223,04 $
|
4.3% | 0.0% | 0.0% |
|
10.163.438 $
6.066 ETH
|
1,43 ETH
2.395,81 $
|
2 | ||
| - |
|
ENS: Ethereum Name Service
|
0,0000 ETH
0,04138221 $
|
0.0% | 0.4% | 38.0% |
|
169.782 $
101,34 ETH
|
1,01 ETH
1.683,94 $
|
6 | ||
| - |
|
Sproto Gremlins
|
0,31 ETH
527,36 $
|
13.1% | 47.5% | 17.9% |
|
1.756.101 $
1.048 ETH
|
0,58 ETH
971,51 $
|
2 | ||
| - |
|
Crypto Trading Cards (1880-1979)
|
0,21 ETH
358,53 $
|
38.9% | 13.2% | 13.2% |
|
300.092 $
179,12 ETH
|
0,57 ETH
953,65 $
|
3 | ||
| - |
|
JITO CABAL
|
3,30 SOL
225,37 $
|
1.0% | 1.8% | 1.2% |
|
153.251 $
2.247 SOL
|
13,97 SOL
953,11 $
|
5 | ||
| - |
|
Bitcoin Punks
|
0,003 BTC
202,48 $
|
0.0% | 21.2% | 8.6% |
|
2.024.833 $
31,43 BTC
|
0,015 BTC
946,52 $
|
1 | ||
| - |
|
Tomorrowland: The Reflection of Love
|
9,18 SOL
626,18 $
|
0.0% | 0.0% | 7.2% |
|
4.065.772 $
59.606 SOL
|
13,80 SOL
941,31 $
|
1 | ||
| - |
|
Shaolin Saga
|
2,21 SOL
150,41 $
|
15.3% | 102.3% | 102.3% |
|
58.359 $
855,57 SOL
|
13,79 SOL
940,43 $
|
6 | ||
| - |
|
alignDRAW
|
0,29 ETH
479,15 $
|
0.0% | 0.7% | 42.8% |
|
1.298.024 $
774,76 ETH
|
0,56 ETH
934,87 $
|
2 | ||
| - |
|
MAX PAIN AND FRENS BY XCOPY
|
0,55 ETH
920,96 $
|
0.0% | 7.8% | 4.2% |
|
6.418.196 $
3.831 ETH
|
0,55 ETH
920,96 $
|
1 | ||
| - |
|
Anomaly
|
0,24 SOL
16,26 $
|
0.1% | 38.9% | 177.8% |
|
37.934 $
556,13 SOL
|
12,77 SOL
870,88 $
|
31 | ||
| - |
|
Bitcoin Wizards
|
0,014 BTC
869,85 $
|
0.0% | 4.9% | 10.0% |
|
1.163.857 $
18,06 BTC
|
0,013 BTC
856,96 $
|
1 | ||
| - |
|
Trench Warriors
|
0,15 SOL
10,29 $
|
0.0% | 7.3% | 7.3% |
|
43.613 $
639,39 SOL
|
12,29 SOL
838,63 $
|
58 | ||
| - |
|
Decentraland
|
0,042 ETH
70,37 $
|
8.2% | 0.0% | 6.7% |
|
6.938.631 $
4.141 ETH
|
0,50 ETH
837,86 $
|
13 | ||
| - |
|
CyberKongz (Babies)
|
0,16 ETH
276,41 $
|
0.0% | 17.5% | 29.8% |
|
1.105.625 $
659,92 ETH
|
0,49 ETH
829,10 $
|
3 | ||
| - |
|
Gutter Cat Gang
|
0,15 ETH
251,31 $
|
36.4% | 39.4% | 50.0% |
|
753.927 $
450,00 ETH
|
0,48 ETH
807,04 $
|
4 | ||
| - |
|
Otherdeed for Otherside
|
Kupi
|
0,095 ETH
158,61 $
|
1.3% | 8.1% | 19.7% |
|
7.489.583 $
4.470 ETH
|
0,48 ETH
803,35 $
|
5 | |
| - |
|
Zinu's Zombie Mob Secret Society
|
0,032 ETH
53,60 $
|
9.9% | 9.9% | 162.4% |
|
535.958 $
319,90 ETH
|
0,48 ETH
797,16 $
|
14 | ||
| - |
|
RTFKT Project Animus
|
0,033 ETH
55,29 $
|
8.6% | 32.0% | 32.0% |
|
675.984 $
403,48 ETH
|
0,47 ETH
782,07 $
|
8 | ||
| - |
|
BTC DeGods
|
0,017 BTC
1.063,15 $
|
0.0% | 33.7% | 17.5% |
|
568.784 $
8,83 BTC
|
0,012 BTC
782,86 $
|
1 | ||
| - |
|
Claynosaurz: The Call of Saga
|
11,77 SOL
802,84 $
|
0.0% | 0.0% | 7.2% |
|
1.604.886 $
23.528 SOL
|
11,42 SOL
778,73 $
|
1 | ||
| - |
|
Okay Bears
|
Kupi
|
2,05 SOL
140,06 $
|
1.1% | 14.7% | 16.4% |
|
1.380.710 $
20.242 SOL
|
10,62 SOL
724,20 $
|
5 | |
| - |
|
Jungle Bay
|
0,082 ETH
137,73 $
|
44.5% | 44.5% | 64.4% |
|
764.938 $
456,57 ETH
|
0,43 ETH
717,06 $
|
4 | ||
| - |
|
Wealthy Hypio Babies
|
0,14 ETH
239,15 $
|
3.3% | 5.9% | 14.2% |
|
1.328.451 $
792,92 ETH
|
0,43 ETH
716,06 $
|
3 | ||
| - |
|
Heavy Liquid Graphic
|
0,66 SOL
45,25 $
|
1.6% | 1.6% | 1.6% |
|
45.206 $
662,74 SOL
|
9,91 SOL
675,65 $
|
13 | ||
| - |
|
Final Bosu
|
0,039 ETH
65,34 $
|
0.0% | 5.9% | 34.9% |
|
580.730 $
346,62 ETH
|
0,40 ETH
674,71 $
|
8 | ||
| - |
|
Pepe Card Packs
|
0,085 SOL
5,77 $
|
19.1% | 49.0% | 49.0% |
|
24.211 $
354,94 SOL
|
9,85 SOL
671,90 $
|
118 | ||
| - |
|
MidEvil
|
0,89 SOL
60,52 $
|
0.5% | 7.1% | 11.5% |
|
302.608 $
4.436 SOL
|
9,77 SOL
666,15 $
|
10 | ||
| - |
|
Polychain Monsters | BNB Chain
|
50,00 BNB
30.522 $
|
0.0% | 7042.9% | 111011.1% |
|
15.641.526.443 $
25.623.750 BNB
|
1,05 BNB
643,12 $
|
10 | ||
| - |
|
DeadFellaz
|
0,14 ETH
230,05 $
|
3.9% | 4.0% | 23.7% |
|
2.300.492 $
1.373 ETH
|
0,38 ETH
641,68 $
|
3 | ||
| - |
|
Zecrey Chameleon Avatar
|
0,50 BNB
305,22 $
|
4.4% | 14.2% | 823.5% |
|
1.432.681 $
2.347 BNB
|
1,01 BNB
619,01 $
|
3 | ||
| - |
|
Saga Monkes
|
0,95 SOL
64,62 $
|
0.6% | 6.1% | 28.7% |
|
646.178 $
9.473 SOL
|
9,07 SOL
618,61 $
|
11 | ||
| - |
|
Gemesis
|
0,012 ETH
20,93 $
|
0.9% | 2.1% | 13.0% |
|
1.982.811 $
1.183 ETH
|
0,37 ETH
617,15 $
|
25 | ||
| - |
|
Yokai Avengers
|
0,003 BTC
211,99 $
|
37.1% | 26.1% | 15.4% |
|
142.454 $
2,21 BTC
|
0,010 BTC
612,12 $
|
4 | ||
| - |
|
The Fungible by Pak
|
0,15 ETH
256,67 $
|
0.9% | 6.0% | 1.3% |
|
1.600.080 $
955,05 ETH
|
0,36 ETH
610,68 $
|
1 | ||
| - |
|
rektguy
|
0,19 ETH
326,53 $
|
2.2% | 11.9% | 11.9% |
|
2.878.072 $
1.718 ETH
|
0,36 ETH
603,14 $
|
2 | ||
| - |
|
Doge Friends
|
0,39 BNB
240,84 $
|
0.0% | 0.0% | 0.0% |
|
72.251 $
118,36 BNB
|
0,97 BNB
592,58 $
|
- | ||
| - |
|
OnChainMonkey (OCM) Genesis
|
0,012 BTC
771,91 $
|
0.0% | 4.2% | 4.3% |
|
7.719.098 $
119,80 BTC
|
0,009 BTC
586,34 $
|
1 | ||
| - |
|
TCG Dragon Cave Club
|
0,063 ETH
105,55 $
|
0.0% | 34.4% | 7.0% |
|
1.055.498 $
630,00 ETH
|
0,35 ETH
584,71 $
|
2 | ||
| - |
|
OCM Genesis by OnChainMonkey®
|
0,012 BTC
771,91 $
|
0.0% | 4.2% | 4.3% |
|
7.719.098 $
119,80 BTC
|
0,009 BTC
586,34 $
|
1 | ||
| - |
|
Whal3s
|
8,67 SOL
591,32 $
|
0.0% | 0.0% | 21.2% |
|
295.660 $
4.334 SOL
|
8,50 SOL
579,79 $
|
1 | ||
| - |
|
Taiji Labs Genesis Keys
|
0,15 ETH
245,95 $
|
22.3% | 0.7% | 18.0% |
|
98.379 $
58,72 ETH
|
0,34 ETH
566,28 $
|
3 | ||
| - |
|
Hypurr
|
258,00 HYPE
15.545,55 $
|
1.9% | 1.7% | 19.4% |
|
71.509.541 $
1.186.800 HYPE
|
9,38 HYPE
565,46 $
|
1 | ||
| - |
|
GOTM Labz
|
12,33 SOL
840,80 $
|
0.0% | 48.3% | 15.2% |
|
252.239 $
3.698 SOL
|
8,00 SOL
545,69 $
|
1 | ||
| - |
|
Sugartown Oras
|
0,044 ETH
73,72 $
|
0.0% | 0.0% | 201.4% |
|
519.781 $
310,24 ETH
|
0,32 ETH
539,71 $
|
47 | ||
| - |
|
Lazy Lions
|
0,11 ETH
184,12 $
|
6.9% | 51.6% | 57.2% |
|
1.855.970 $
1.108 ETH
|
0,32 ETH
529,42 $
|
3 | ||
| - |
|
Pizza Ninjas
|
0,009 BTC
561,86 $
|
0.0% | 0.9% | 17.7% |
|
842.786 $
13,08 BTC
|
0,008 BTC
517,40 $
|
1 | ||
| - |
|
BTC Machines
|
0,009 BTC
563,79 $
|
1.7% | 7.4% | 9.4% |
|
438.065 $
6,80 BTC
|
0,008 BTC
515,47 $
|
1 | ||
| - |
|
The Bosu Legacy
|
0,22 ETH
368,56 $
|
0.0% | 0.0% | 0.0% |
|
204.552 $
122,09 ETH
|
0,30 ETH
507,31 $
|
4 | ||
| - |
|
LoudPunx
|
0,28 ETH
477,49 $
|
59.2% | 59.2% | 71.7% |
|
1.162.677 $
693,97 ETH
|
0,30 ETH
500,61 $
|
1 | ||
| - |
|
Garbage Friends
|
0,022 ETH
36,86 $
|
17.0% | 17.0% | 15.4% |
|
182.442 $
108,90 ETH
|
0,29 ETH
488,38 $
|
13 | ||
| - |
|
THE SHIBOSHIS
|
0,047 ETH
78,58 $
|
23.4% | 30.3% | 46.6% |
|
785.679 $
468,95 ETH
|
0,29 ETH
485,61 $
|
4 | ||
| - |
|
Nifty Island: Legendary Palms
|
0,024 ETH
40,21 $
|
20.2% | 9.1% | 84.6% |
|
64.533 $
38,52 ETH
|
0,29 ETH
485,59 $
|
3 | ||
| - |
|
TOPIA Worlds
|
0,022 ETH
37,65 $
|
16.7% | 18.3% | 13.3% |
|
376.422 $
224,68 ETH
|
0,29 ETH
482,68 $
|
12 | ||
| - |
|
The Llamas
|
0,45 ETH
747,06 $
|
0.0% | 0.0% | 18.4% |
|
829.979 $
495,39 ETH
|
0,28 ETH
469,11 $
|
1 | ||
| - |
|
Live Like A Cat
|
0,038 ETH
63,66 $
|
0.0% | 0.0% | 26.7% |
|
1.414.762 $
844,44 ETH
|
0,28 ETH
465,54 $
|
9 | ||
| - |
|
PORSCHE 911
|
0,24 ETH
393,72 $
|
132.7% | 170.2% | 179.8% |
|
930.354 $
555,31 ETH
|
0,28 ETH
465,47 $
|
2 | ||
| - |
|
Opepen Edition
|
0,073 ETH
123,14 $
|
0.7% | 15.5% | 15.5% |
|
1.970.236 $
1.176 ETH
|
0,28 ETH
460,90 $
|
2 | ||
| - |
|
Quirklings
|
0,062 ETH
104,15 $
|
0.5% | 5.9% | 27.7% |
|
2.049.005 $
1.223 ETH
|
0,27 ETH
459,52 $
|
5 | ||
| - |
|
6 RINGS
|
1,21 SOL
82,24 $
|
0.3% | 0.3% | 14.4% |
|
410.943 $
6.025 SOL
|
6,62 SOL
451,83 $
|
2 | ||
| - |
|
Motocat Racing Club
|
0,008 BTC
500,58 $
|
0.0% | 20.7% | 33.9% |
|
0,00 kn
0 BTC
|
0,007 BTC
451,03 $
|
1 | ||
| - |
|
Market Elites
|
6,43 SOL
438,74 $
|
2.6% | 4.1% | 70.0% |
|
1.316.226 $
19.296 SOL
|
6,50 SOL
443,37 $
|
1 | ||
| - |
|
Doopies
|
0,54 SOL
36,49 $
|
34.2% | 25.3% | 32.7% |
|
324.349 $
4.755 SOL
|
6,45 SOL
440,29 $
|
15 | ||
| - |
|
Soul Gate: Hero Cartridges
|
0,24 SOL
16,03 $
|
27.3% | 28.5% | 25.3% |
|
32.054 $
469,92 SOL
|
6,35 SOL
433,33 $
|
28 | ||
| - |
|
Hape Prime
|
0,038 ETH
64,40 $
|
0.0% | 16.7% | 20.1% |
|
527.581 $
314,90 ETH
|
0,25 ETH
423,34 $
|
4 | ||
| - |
|
Angry Dynomites Lab - Water Dynos
|
0,14 ETH
231,20 $
|
0.0% | 24.2% | 24.2% |
|
346.806 $
207,00 ETH
|
0,25 ETH
418,85 $
|
1 | ||
| - |
|
Supreme Kong
|
0,22 ETH
375,65 $
|
7.8% | 19.9% | 19.9% |
|
751.297 $
448,43 ETH
|
0,24 ETH
406,12 $
|
1 | ||
| - |
|
Wassieverse
|
2,29 SOL
156,19 $
|
49.7% | 48.1% | 92.4% |
|
402.189 $
5.896 SOL
|
5,92 SOL
404,15 $
|
3 | ||
| - |
|
Gib Meme Gigapack Memecards
|
0,036 SOL
2,44 $
|
12.4% | 9.7% | 1.2% |
|
155.232 $
2.276 SOL
|
5,82 SOL
396,95 $
|
132 | ||
| - |
|
Wealthy Hypio Babies
|
15,66 HYPE
943,58 $
|
11.9% | 44.5% | 42.4% |
|
5.094.382 $
84.548 HYPE
|
6,40 HYPE
385,35 $
|
28 | ||
| - |
|
Natcats
|
0,003 BTC
182,99 $
|
0.0% | 5.0% | 9.8% |
|
1.475.634 $
22,90 BTC
|
0,006 BTC
379,51 $
|
2 | ||
| - |
|
Aurory
|
1,06 SOL
72,26 $
|
8.8% | 7.3% | 1.0% |
|
723.933 $
10.613 SOL
|
5,51 SOL
376,12 $
|
6 | ||
| - |
|
Aurorians
|
1,06 SOL
72,26 $
|
8.8% | 7.3% | 1.0% |
|
723.933 $
10.613 SOL
|
5,51 SOL
376,12 $
|
6 | ||
| - |
|
1337 skulls
|
0,028 ETH
46,83 $
|
3.6% | 3.6% | 3.3% |
|
343.291 $
204,90 ETH
|
0,22 ETH
360,23 $
|
9 | ||
| - |
|
Common Wealth Genesis NFT Series 2
|
0,23 ETH
385,17 $
|
0.0% | 34.3% | 8.9% |
|
1.274.922 $
760,97 ETH
|
0,22 ETH
360,21 $
|
1 | ||
| - |
|
GigaBuds
|
0,59 SOL
40,47 $
|
17.0% | 34.2% | 34.2% |
|
404.660 $
5.932 SOL
|
5,01 SOL
341,84 $
|
10 | ||
| - |
|
CENTS
|
0,005 BTC
331,83 $
|
0.0% | 0.8% | 10.8% |
|
3.318.642 $
51,51 BTC
|
0,005 BTC
341,50 $
|
1 | ||
| - |
|
Aevon
|
0,062 SOL
4,26 $
|
99.9% | 545.3% | 24.4% |
|
9.498,88 $
139,26 SOL
|
5,00 SOL
340,79 $
|
53 | ||
| - |
|
Worried Meerkats
|
0,048 ETH
79,72 $
|
28.5% | 37.1% | 52.4% |
|
104.675 $
62,48 ETH
|
0,20 ETH
336,20 $
|
5 | ||
| - |
|
Quack Heads
|
0,97 SOL
66,29 $
|
2.3% | 30.6% | 34.5% |
|
132.507 $
1.943 SOL
|
4,91 SOL
334,79 $
|
5 | ||
| - |
|
Cyber Frogs
|
0,73 SOL
49,65 $
|
19.8% | 21.9% | 6.9% |
|
401.595 $
5.888 SOL
|
4,88 SOL
332,69 $
|
6 | ||
| - |
|
The Long Lost
|
0,029 ETH
47,88 $
|
4.7% | 2.1% | 2.1% |
|
478.811 $
285,79 ETH
|
0,20 ETH
327,64 $
|
8 | ||
| - |
|
Trippin' Ape Tribe
|
0,15 SOL
10,14 $
|
0.0% | 0.0% | 0.0% |
|
94.933 $
1.392 SOL
|
4,80 SOL
327,43 $
|
14 | ||
| - |
|
God Hates NFTees
|
0,058 ETH
97,17 $
|
8.7% | 8.7% | 0.1% |
|
488.002 $
291,28 ETH
|
0,20 ETH
326,87 $
|
3 | ||
| - |
|
The Weirdo Ghost Gang
|
0,012 ETH
20,19 $
|
50.6% | 59.4% | 59.6% |
|
112.167 $
66,95 ETH
|
0,20 ETH
326,70 $
|
22 | ||
| - |
|
Cursed Bitcoin Punks
|
0,0005 BTC
30,22 $
|
0.0% | 100.4% | 4.2% |
|
302.192 $
4,69 BTC
|
0,005 BTC
322,17 $
|
14 | ||
| - |
|
Moki Genesis
|
1.115 RON
64,33 $
|
0.0% | 4.2% | 8.0% |
|
571.768 $
9.910.031 RON
|
5.499 RON
317,26 $
|
6 | ||
| - |
|
Parallel Avatars
|
0,038 ETH
63,16 $
|
0.0% | 27.5% | 20.6% |
|
694.849 $
414,74 ETH
|
0,18 ETH
307,80 $
|
5 | ||
| - |
|
Mara
|
0,004 ETH
7,10 $
|
0.0% | 0.0% | 11.1% |
|
288.277 $
172,07 ETH
|
0,18 ETH
306,76 $
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9 | ||
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CryptoSkulls
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0,057 ETH
95,71 $
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2.0% | 23.8% | 19.6% |
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957.128 $
571,29 ETH
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0,17 ETH
291,85 $
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BotanNFT
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0,19 BNB
117,65 $
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0.0% | 0.0% | 0.0% |
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606.581 $
993,69 BNB
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0,46 BNB
277,81 $
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G3M NFT Series
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0,0000 BNB
0,000000000000000611 $
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0.0% | 0.0% | 0.0% |
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0,000000000526970 $
0,0000 BNB
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0,44 BNB
270,57 $
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Nakamigos CLOAKS
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0,013 ETH
21,78 $
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18.8% | 2.5% | 22.2% |
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435.565 $
259,98 ETH
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0,16 ETH
266,39 $
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GMX Blueberry Club
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0,13 ETH
224,34 $
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2.3% | 0.0% | 0.0% |
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2.243.352 $
1.339 ETH
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0,16 ETH
262,87 $
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The Wizards of Ord
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0,005 BTC
347,94 $
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5.3% | 17.8% | 35.0% |
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1.159.682 $
18,00 BTC
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0,004 BTC
260,84 $
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Based Fellas
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0,006 ETH
9,68 $
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8.4% | 6.2% | 15.7% |
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96.807 $
57,78 ETH
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0,16 ETH
259,90 $
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DeepBlack
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0,17 ETH
284,82 $
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0.0% | 8.1% | 9.0% |
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875.527 $
522,58 ETH
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0,16 ETH
259,69 $
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Bitcoin Bandits
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0,004 BTC
273,84 $
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0.0% | 6.8% | 14.8% |
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140.207 $
2,18 BTC
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0,004 BTC
256,44 $
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MOSCIUN
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0,48 SOL
32,53 $
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12.4% | 5.6% | 29.2% |
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108.427 $
1.590 SOL
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3,75 SOL
255,55 $
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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 API za podatke o NFT-ima.
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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