Aukščiausios NFT kolekcijos kainos, suskirstytos pagal rinkos ribą
| # | NFT | Minimali kaina | 24h | 7d | 30d | Pastarąsias 7d | Rinkos kapitalizacija | Apimtis per 24h | Pardavimai per 24h | |||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 101 |
|
Bonk Puppets
|
0,023 SOL
1,47 $
|
0.0% | 0.0% | 0.0% |
|
3 221,19 $
50,75 SOL
|
55,92 SOL
3 549,06 $
|
2 241 | ||
| - |
|
CryptoPunks V1 (wrapped)
|
2,39 ETH
3 884,13 $
|
65.9% | 19.0% | 32.8% |
|
20 003 249 $
12 308 ETH
|
2,65 ETH
4 306,76 $
|
1 | ||
| - |
|
Otherside Koda
|
0,73 ETH
1 186,23 $
|
0.0% | 0.0% | 0.0% |
|
9 856 366 $
6 065 ETH
|
2,21 ETH
3 593,14 $
|
3 | ||
| - |
|
The Memes by 6529
|
0,015 ETH
24,87 $
|
0.0% | 7.6% | 9.7% |
|
5 218 659 $
3 211 ETH
|
1,40 ETH
2 278,10 $
|
22 | ||
| - |
|
Solana Monkey Business
|
Pirkti
|
15,95 SOL
1 012,16 $
|
0.5% | 0.6% | 21.2% |
|
5 053 690 $
79 622 SOL
|
15,73 SOL
998,60 $
|
1 | |
| - |
|
y00ts (Solana)
|
1,13 SOL
71,53 $
|
0.3% | 7.5% | 1.2% |
|
569 121 $
8 967 SOL
|
15,68 SOL
994,98 $
|
15 | ||
| - |
|
The Pond
|
16,60 SOL
1 053,34 $
|
0.0% | 22.4% | 18.4% |
|
105 334 $
1 660 SOL
|
15,51 SOL
984,37 $
|
1 | ||
| - |
|
Ship
|
0,050 ETH
81,10 $
|
2.2% | 18.8% | 28.3% |
|
247 184 $
152,10 ETH
|
0,60 ETH
982,92 $
|
- | ||
| - |
|
The Golden Ratio by Harto x VIVID
|
0,022 BTC
1 348,32 $
|
0.0% | 0.0% | 12.8% |
|
566 294 $
9,24 BTC
|
0,016 BTC
979,37 $
|
1 | ||
| - |
|
Bitcoin Punks
|
0,003 BTC
192,60 $
|
0.0% | 21.2% | 8.6% |
|
1 925 971 $
31,43 BTC
|
0,015 BTC
900,31 $
|
1 | ||
| - |
|
Market Elites
|
5,49 SOL
348,43 $
|
6.3% | 33.6% | 223.2% |
|
1 045 296 $
16 469 SOL
|
13,72 SOL
870,82 $
|
2 | ||
| - |
|
Invisible Friends
|
0,12 ETH
200,05 $
|
0.4% | 8.0% | 3.6% |
|
1 000 257 $
615,47 ETH
|
0,51 ETH
824,62 $
|
4 | ||
| - |
|
cryptokhat
|
0,25 ETH
405,24 $
|
2.0% | 3.2% | 13.3% |
|
4 052 379 $
2 493 ETH
|
0,50 ETH
815,04 $
|
2 | ||
| - |
|
Bitcoin Wizards
|
0,014 BTC
827,38 $
|
0.0% | 4.9% | 10.0% |
|
1 107 032 $
18,06 BTC
|
0,013 BTC
815,12 $
|
1 | ||
| - |
|
Tomorrowland: The Reflection of Love
|
9,18 SOL
582,66 $
|
0.0% | 0.0% | 2.3% |
|
3 783 224 $
59 606 SOL
|
12,60 SOL
799,73 $
|
1 | ||
| - |
|
Bored Ape Solana Club
|
1,79 SOL
113,81 $
|
8.5% | 31.9% | 38.4% |
|
682 534 $
10 754 SOL
|
12,55 SOL
796,56 $
|
2 | ||
| - |
|
Trench Warriors
|
0,15 SOL
9,58 $
|
0.0% | 7.3% | 7.3% |
|
40 582 $
639,39 SOL
|
12,29 SOL
780,35 $
|
58 | ||
| - |
|
Claynosaurz
|
13,48 SOL
855,65 $
|
0.0% | 12.1% | 9.4% |
|
8 754 965 $
137 937 SOL
|
12,30 SOL
780,69 $
|
1 | ||
| - |
|
Based OnChain Punks
|
0,007 ETH
11,01 $
|
12.9% | 7.9% | 17.0% |
|
110 126 $
67,76 ETH
|
0,48 ETH
779,42 $
|
8 | ||
| - |
|
BTC DeGods
|
0,017 BTC
1 011,24 $
|
0.0% | 33.7% | 17.5% |
|
541 013 $
8,83 BTC
|
0,012 BTC
744,64 $
|
1 | ||
| - |
|
Gemesis
|
0,012 ETH
18,77 $
|
9.4% | 3.8% | 9.7% |
|
1 778 643 $
1 094 ETH
|
0,45 ETH
736,51 $
|
36 | ||
| - |
|
Taiyo Infants
|
2,66 SOL
169,11 $
|
20.4% | 15.3% | 11.3% |
|
231 674 $
3 650 SOL
|
11,31 SOL
717,66 $
|
5 | ||
| - |
|
Habbo Avatars
|
0,19 ETH
307,16 $
|
0.0% | 0.0% | 0.5% |
|
3 562 764 $
2 192 ETH
|
0,44 ETH
718,33 $
|
2 | ||
| - |
|
CyberKongz VX
|
0,034 ETH
55,26 $
|
0.0% | 0.0% | 38.6% |
|
820 780 $
505,04 ETH
|
0,44 ETH
716,71 $
|
12 | ||
| - |
|
Claynosaurz: The Call of Saga
|
11,77 SOL
747,05 $
|
0.0% | 0.0% | 3.9% |
|
1 493 356 $
23 528 SOL
|
11,00 SOL
698,12 $
|
1 | ||
| - |
|
Pudgy Rods
|
0,17 ETH
274,33 $
|
0.0% | 23.6% | 0.0% |
|
2 028 688 $
1 248 ETH
|
0,43 ETH
693,96 $
|
3 | ||
| - |
|
Yumemono ☆ 夢物
|
0,034 ETH
55,98 $
|
27.6% | 56.5% | 72.3% |
|
291 086 $
179,11 ETH
|
0,42 ETH
679,16 $
|
7 | ||
| - |
|
Checks
|
0,28 ETH
455,05 $
|
57.1% | 63.9% | 100.0% |
|
2 595 627 $
1 597 ETH
|
0,40 ETH
651,70 $
|
2 | ||
| - |
|
Otherdeed for Otherside
|
Pirkti
|
0,11 ETH
172,87 $
|
1.6% | 12.0% | 8.8% |
|
8 163 020 $
5 023 ETH
|
0,39 ETH
640,49 $
|
4 | |
| - |
|
Lil' Bangers
|
0,019 ETH
30,87 $
|
28.4% | 13.3% | 8.9% |
|
171 490 $
105,52 ETH
|
0,39 ETH
638,66 $
|
20 | ||
| - |
|
Heavy Liquid Graphic
|
0,66 SOL
42,11 $
|
1.6% | 1.6% | 1.6% |
|
42 064 $
662,74 SOL
|
9,91 SOL
628,70 $
|
13 | ||
| - |
|
Proof of Narnian NFT
|
0,20 ETH
323,09 $
|
56.5% | 80.9% | 52.9% |
|
1 076 853 $
662,60 ETH
|
0,38 ETH
625,54 $
|
3 | ||
| - |
|
Polychain Monsters | BNB Chain
|
50,00 BNB
29 207 $
|
0.0% | 7042.9% | 111011.1% |
|
14 967 769 075 $
25 623 750 BNB
|
1,05 BNB
615,42 $
|
10 | ||
| - |
|
Wealthy Hypio Babies
|
0,13 ETH
217,69 $
|
8.7% | 13.8% | 6.3% |
|
1 209 276 $
744,08 ETH
|
0,37 ETH
594,84 $
|
3 | ||
| - |
|
Zecrey Chameleon Avatar
|
0,50 BNB
292,07 $
|
4.4% | 14.2% | 823.5% |
|
1 370 968 $
2 347 BNB
|
1,01 BNB
592,35 $
|
3 | ||
| - |
|
Jungle Bay
|
0,15 ETH
240,53 $
|
76.9% | 1.5% | 111.5% |
|
1 335 895 $
821,99 ETH
|
0,36 ETH
587,42 $
|
5 | ||
| - |
|
Yokai Avengers
|
0,003 BTC
201,64 $
|
37.1% | 26.1% | 15.4% |
|
135 499 $
2,21 BTC
|
0,010 BTC
582,23 $
|
4 | ||
| - |
|
Lazy Lions
|
0,073 ETH
117,83 $
|
0.0% | 0.0% | 0.0% |
|
1 187 690 $
730,80 ETH
|
0,36 ETH
581,49 $
|
3 | ||
| - |
|
OCM Genesis by OnChainMonkey®
|
0,012 BTC
734,22 $
|
0.0% | 4.2% | 4.3% |
|
7 342 215 $
119,80 BTC
|
0,009 BTC
557,71 $
|
1 | ||
| - |
|
Doge Friends
|
0,39 BNB
230,46 $
|
0.0% | 0.0% | 0.0% |
|
69 139 $
118,36 BNB
|
0,97 BNB
567,05 $
|
- | ||
| - |
|
Anomaly
|
0,27 SOL
17,16 $
|
4.2% | 215.2% | 215.2% |
|
40 042 $
630,88 SOL
|
8,82 SOL
559,64 $
|
20 | ||
| - |
|
mfers
|
0,24 ETH
397,94 $
|
36.4% | 32.4% | 0.0% |
|
3 987 006 $
2 453 ETH
|
0,34 ETH
558,76 $
|
2 | ||
| - |
|
OnChainMonkey (OCM) Genesis
|
0,012 BTC
734,22 $
|
0.0% | 4.2% | 4.3% |
|
7 342 215 $
119,80 BTC
|
0,009 BTC
557,71 $
|
1 | ||
| - |
|
Taiji Labs Genesis Keys
|
0,15 ETH
238,58 $
|
22.3% | 0.7% | 18.0% |
|
95 431 $
58,72 ETH
|
0,34 ETH
549,31 $
|
3 | ||
| - |
|
Whal3s
|
8,36 SOL
530,40 $
|
0.0% | 2.4% | 13.0% |
|
265 200 $
4 178 SOL
|
8,18 SOL
519,36 $
|
1 | ||
| - |
|
DeepBlack
|
0,19 ETH
300,66 $
|
0.0% | 0.0% | 19.4% |
|
924 230 $
568,69 ETH
|
0,31 ETH
505,43 $
|
2 | ||
| - |
|
ALTS by adidas
|
0,012 ETH
19,50 $
|
9.1% | 23.0% | 16.1% |
|
391 333 $
240,79 ETH
|
0,31 ETH
500,94 $
|
13 | ||
| - |
|
CrypToadz
|
0,44 ETH
715,07 $
|
35.5% | 27.6% | 7.3% |
|
5 021 209 $
3 090 ETH
|
0,31 ETH
498,93 $
|
1 | ||
| - |
|
GOTM Labz
|
8,56 SOL
543,31 $
|
0.0% | 3.0% | 27.3% |
|
162 993 $
2 568 SOL
|
7,77 SOL
493,17 $
|
1 | ||
| - |
|
Pizza Ninjas
|
0,009 BTC
534,42 $
|
0.0% | 0.9% | 17.7% |
|
801 637 $
13,08 BTC
|
0,008 BTC
492,14 $
|
1 | ||
| - |
|
BTC Machines
|
0,009 BTC
536,26 $
|
1.7% | 7.4% | 9.4% |
|
416 677 $
6,80 BTC
|
0,008 BTC
490,30 $
|
1 | ||
| - |
|
Kemonokaki
|
0,017 ETH
27,25 $
|
3.0% | 6.5% | 12.4% |
|
272 468 $
167,65 ETH
|
0,29 ETH
477,81 $
|
16 | ||
| - |
|
TCG Dragon Cave Club
|
0,096 ETH
156,02 $
|
14.3% | 0.0% | 77.8% |
|
1 560 184 $
960,00 ETH
|
0,29 ETH
474,39 $
|
6 | ||
| - |
|
BEANZ Official
|
0,052 ETH
85,00 $
|
21.3% | 20.0% | 4.6% |
|
1 695 701 $
1 043 ETH
|
0,29 ETH
466,92 $
|
5 | ||
| - |
|
1000X GEM
|
8,07 SOL
511,95 $
|
1.2% | 1.0% | 5.8% |
|
1 023 383 $
16 124 SOL
|
7,00 SOL
444,23 $
|
1 | ||
| - |
|
SchizoPosters
|
0,095 ETH
155,04 $
|
23.7% | 8.4% | 15.8% |
|
861 102 $
529,85 ETH
|
0,27 ETH
440,26 $
|
3 | ||
| - |
|
Motocat Racing Club
|
0,008 BTC
476,14 $
|
0.0% | 20.7% | 33.9% |
|
0,00 €
0 BTC
|
0,007 BTC
429,01 $
|
1 | ||
| - |
|
Okay Bears
|
Pirkti
|
1,82 SOL
115,45 $
|
0.7% | 6.4% | 8.6% |
|
1 138 133 $
17 932 SOL
|
6,73 SOL
427,24 $
|
4 | |
| - |
|
Froganas
|
Pirkti
|
0,62 SOL
39,61 $
|
13.4% | 27.0% | 5.6% |
|
220 059 $
3 467 SOL
|
6,43 SOL
408,09 $
|
11 | |
| - |
|
Soul Gate: Hero Cartridges
|
0,24 SOL
14,92 $
|
27.3% | 28.5% | 25.3% |
|
29 826 $
469,92 SOL
|
6,35 SOL
403,21 $
|
28 | ||
| - |
|
Gib Meme Gigapack Memecards
|
0,039 SOL
2,50 $
|
3.3% | 38.4% | 26.5% |
|
158 022 $
2 490 SOL
|
6,15 SOL
390,54 $
|
129 | ||
| - |
|
God Hates NFTees
|
0,064 ETH
103,20 $
|
0.0% | 0.0% | 2.9% |
|
518 269 $
318,90 ETH
|
0,24 ETH
382,08 $
|
3 | ||
| - |
|
Gigaverse ROMs
|
0,039 ETH
62,57 $
|
6.9% | 8.3% | 13.9% |
|
625 699 $
385,00 ETH
|
0,23 ETH
377,27 $
|
6 | ||
| - |
|
Hashmasks
|
0,078 ETH
126,53 $
|
0.0% | 0.0% | 12.5% |
|
2 071 490 $
1 275 ETH
|
0,23 ETH
370,54 $
|
2 | ||
| - |
|
My Pet Hooligan
|
0,088 ETH
143,76 $
|
120.0% | 36.3% | 30.4% |
|
1 277 764 $
786,22 ETH
|
0,22 ETH
364,30 $
|
6 | ||
| - |
|
Natcats
|
0,003 BTC
174,06 $
|
0.0% | 5.0% | 9.8% |
|
1 403 586 $
22,90 BTC
|
0,006 BTC
360,98 $
|
2 | ||
| - |
|
Wealthy Hypio Babies
|
15,66 HYPE
876,16 $
|
11.9% | 44.5% | 42.4% |
|
4 730 376 $
84 548 HYPE
|
6,40 HYPE
357,81 $
|
28 | ||
| - |
|
Famous Fox Dens
|
1,90 SOL
120,42 $
|
2.1% | 24.1% | 46.9% |
|
361 250 $
5 692 SOL
|
5,50 SOL
349,03 $
|
2 | ||
| - |
|
Common Wealth Genesis NFT Series 2
|
0,23 ETH
373,63 $
|
0.0% | 34.3% | 8.9% |
|
1 236 721 $
760,97 ETH
|
0,22 ETH
349,42 $
|
1 | ||
| - |
|
Moonbirds: Mythics
|
0,11 ETH
178,12 $
|
23.4% | 22.4% | 1.2% |
|
1 740 777 $
1 071 ETH
|
0,21 ETH
347,63 $
|
3 | ||
| - |
|
Star Atlas Crew
|
0,010 SOL
0,634055 $
|
5.3% | 8.5% | 0.9% |
|
928 013 $
14 621 SOL
|
5,17 SOL
328,09 $
|
519 | ||
| - |
|
The Weirdo Ghost Gang
|
0,010 ETH
16,25 $
|
11.1% | 66.4% | 66.7% |
|
90 296 $
55,56 ETH
|
0,20 ETH
326,66 $
|
25 | ||
| - |
|
Moki Genesis
|
1 068 RON
63,43 $
|
0.0% | 0.2% | 2.3% |
|
563 768 $
9 491 940 RON
|
5 499 RON
326,60 $
|
6 | ||
| - |
|
Smyths
|
1,14 SOL
72,07 $
|
0.0% | 4.7% | 23.6% |
|
320 284 $
5 046 SOL
|
5,13 SOL
325,68 $
|
5 | ||
| - |
|
CENTS
|
0,005 BTC
315,63 $
|
0.0% | 0.8% | 10.8% |
|
3 156 610 $
51,51 BTC
|
0,005 BTC
324,82 $
|
1 | ||
| - |
|
Metaverse HQ
|
0,089 ETH
144,32 $
|
0.0% | 0.0% | 0.0% |
|
128 298 $
78,94 ETH
|
0,20 ETH
320,33 $
|
3 | ||
| - |
|
BASC Collection
|
0,49 SOL
30,87 $
|
0.0% | 0.0% | 26.6% |
|
306 147 $
4 823 SOL
|
5,00 SOL
317,35 $
|
1 | ||
| - |
|
Cursed Bitcoin Punks
|
0,0005 BTC
28,74 $
|
0.0% | 100.4% | 4.2% |
|
287 437 $
4,69 BTC
|
0,005 BTC
306,44 $
|
14 | ||
| - |
|
ENS: Ethereum Name Service
|
0,0000 ETH
0,04014224 $
|
0.4% | 0.4% | 37.2% |
|
164 695 $
101,34 ETH
|
0,19 ETH
302,08 $
|
6 | ||
| - |
|
SMOWL
|
0,070 ETH
113,76 $
|
0.0% | 27.3% | 7.7% |
|
477 465 $
293,79 ETH
|
0,19 ETH
302,12 $
|
3 | ||
| - |
|
KILLABEARS
|
0,058 ETH
93,80 $
|
37.0% | 0.0% | 1.6% |
|
312 648 $
192,38 ETH
|
0,18 ETH
288,36 $
|
4 | ||
| - |
|
The Seven Seas: Captain
|
0,26 SOL
16,35 $
|
0.0% | 43.8% | 0.7% |
|
205 897 $
3 244 SOL
|
4,53 SOL
287,52 $
|
5 | ||
| - |
|
Kups by Raposa
|
0,55 SOL
34,63 $
|
31.2% | 27.5% | 6.8% |
|
337 773 $
5 322 SOL
|
4,49 SOL
284,72 $
|
11 | ||
| - |
|
Nippy: Magnet for Mischief
|
0,029 ETH
47,45 $
|
9.4% | 9.2% | 1.0% |
|
152 897 $
94,08 ETH
|
0,17 ETH
280,91 $
|
6 | ||
| - |
|
The Plague NFT
|
0,043 ETH
69,88 $
|
0.0% | 0.0% | 74.2% |
|
749 498 $
461,17 ETH
|
0,17 ETH
279,58 $
|
6 | ||
| - |
|
Smilesss
|
0,009 ETH
13,81 $
|
0.0% | 0.0% | 77.1% |
|
121 647 $
74,85 ETH
|
0,17 ETH
279,11 $
|
39 | ||
| - |
|
Friendship Bracelets by Alexis André
|
0,009 ETH
15,29 $
|
2.1% | 12.0% | 3.2% |
|
595 622 $
366,49 ETH
|
0,17 ETH
273,52 $
|
20 | ||
| - |
|
Liminals
|
0,086 SOL
5,44 $
|
8.0% | 6.7% | 10.5% |
|
18 125,45 $
285,57 SOL
|
4,22 SOL
267,90 $
|
27 | ||
| - |
|
BotanNFT
|
0,19 BNB
112,58 $
|
0.0% | 0.0% | 0.0% |
|
580 452 $
993,69 BNB
|
0,46 BNB
265,85 $
|
- | ||
| - |
|
HV-MTL
|
0,025 ETH
40,63 $
|
28.5% | 28.5% | 28.6% |
|
1 152 459 $
709,12 ETH
|
0,16 ETH
262,63 $
|
5 | ||
| - |
|
G Tag
|
0,11 ETH
178,77 $
|
0.0% | 0.0% | 120.0% |
|
1 940 024 $
1 194 ETH
|
0,16 ETH
261,72 $
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G3M NFT Series
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0,0000 BNB
0,000000000000000584 $
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0,000000000504271 $
0,0000 BNB
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0,44 BNB
258,92 $
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GMX Blueberry Club
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0,13 ETH
217,61 $
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2 176 132 $
1 339 ETH
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0,16 ETH
254,99 $
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SupDucks
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0,057 ETH
92,64 $
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926 359 $
570,00 ETH
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0,16 ETH
252,39 $
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The Wizards of Ord
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0,005 BTC
330,95 $
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5.3% | 17.8% | 35.0% |
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1 103 060 $
18,00 BTC
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0,004 BTC
248,10 $
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Bitcoin Bandits
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0,004 BTC
260,47 $
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0.0% | 6.8% | 14.8% |
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133 361 $
2,18 BTC
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0,004 BTC
243,92 $
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Alpha Gardeners
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4,56 SOL
289,54 $
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1.6% | 2.4% | 13.3% |
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143 034 $
2 254 SOL
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3,82 SOL
242,65 $
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The Long Lost
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0,029 ETH
46,64 $
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0.0% | 2.5% | 72.6% |
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466 430 $
287,00 ETH
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0,15 ETH
240,04 $
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TOPIA Worlds
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0,027 ETH
43,85 $
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438 433 $
269,77 ETH
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0,15 ETH
239,58 $
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The Warplets
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0,002 ETH
2,56 $
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8.6% | 13.9% | 8.6% |
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125 813 $
77,41 ETH
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0,15 ETH
238,12 $
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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 duomenų 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.
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