Kursene for de mest populære NFT-samlingene er rangert etter markedsverdi
| # | NFT | Nedre prisgrense | 24t | 7d | 30d | Siste 7 dager | Markedsverdi | 24t omsetning | 24t salg | |||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 101 |
|
Buidlers Collective GENESIS
|
4.47 SOL
$365.87
|
9.5% | 9.5% | 46.0% |
|
$342,091
4,177 SOL
|
24.25 SOL
$1,985.58
|
6 | ||
| 102 |
|
Ship
|
0.050 ETH
$109.24
|
2.2% | 18.8% | 28.3% |
|
$332,949
152.10 ETH
|
0.60 ETH
$1,323.96
|
- | ||
| 103 |
|
Rafflor
|
3.01 SOL
$246.77
|
0.0% | 7.3% | 30.0% |
|
$304,508
3,718 SOL
|
20.00 SOL
$1,637.89
|
1 | ||
| 104 |
|
Critters Cult
|
0.63 SOL
$51.30
|
24.7% | 232.3% | 111.7% |
|
$284,914
3,479 SOL
|
12.66 SOL
$1,036.39
|
17 | ||
| 105 |
|
Courtyard.io
|
0.0002 ETH
$0.426760
|
0.0% | 89.4% | 1.0% |
|
$196,195
89.62 ETH
|
94.55 ETH
$206,972
|
3,521 | ||
| 106 |
|
MOSCIUN
|
0.55 SOL
$45.38
|
35.9% | 7.0% | 11.5% |
|
$151,259
1,847 SOL
|
12.39 SOL
$1,014.65
|
26 | ||
| 107 |
|
Vibe Tribe
|
0.87 SOL
$71.40
|
11.1% | 14.3% | 23.1% |
|
$114,317
1,396 SOL
|
15.52 SOL
$1,271.17
|
17 | ||
| 108 |
|
OZMO
|
23.41 SOL
$1,916.99
|
0.0% | 0.0% | 0.0% |
|
$105,435
1,287 SOL
|
21.00 SOL
$1,719.71
|
1 | ||
| 109 |
|
DeezNode
|
431.21 SOL
$35,314
|
0.0% | 0.0% | 0.0% |
|
$70,627
862.41 SOL
|
345.00 SOL
$28,254
|
1 | ||
| 110 |
|
Async Blueprints
|
0.001 ETH
$2.82
|
0.0% | 0.0% | 0.0% |
|
$68,401
31.25 ETH
|
13.50 ETH
$29,555
|
2 | ||
| 111 |
|
Drifella III
|
0.59 SOL
$48.20
|
0.0% | 0.0% | 0.0% |
|
$64,244
784.47 SOL
|
85.41 SOL
$6,994.43
|
111 | ||
| 112 |
|
Trench Warriors
|
0.15 SOL
$12.36
|
0.0% | 7.3% | 7.3% |
|
$52,362
639.39 SOL
|
12.29 SOL
$1,006.86
|
58 | ||
| 113 |
|
The Magus Official
|
0.004 ETH
$8.73
|
0.0% | 0.0% | 0.0% |
|
$7,433.01
3.40 ETH
|
0.83 ETH
$1,807.99
|
- | ||
| 114 |
|
Trump Bitcoin Digital Trading Cards
|
0.075 BTC
$5,307.12
|
0.0% | 0.0% | 0.0% |
|
$5,307.12
0.075 BTC
|
0.031 BTC
$2,193.61
|
1 | ||
| 115 |
|
Bonk Puppets
|
0.023 SOL
$1.89
|
0.0% | 0.0% | 0.0% |
|
$4,156.21
50.75 SOL
|
55.92 SOL
$4,579.26
|
2,241 | ||
| - |
|
ENS: Ethereum Name Service
|
0.0000 ETH
$0.03502533
|
11.1% | 40.7% | 38.5% |
|
$143,701
65.64 ETH
|
0.75 ETH
$1,632.22
|
13 | ||
| - |
|
Otherside Koda
|
0.66 ETH
$1,437.09
|
0.4% | 15.2% | 5.1% |
|
$11,627,491
5,312 ETH
|
0.58 ETH
$1,269.67
|
1 | ||
| - |
|
Impostors Genesis Aliens
|
0.095 ETH
$207.96
|
0.0% | 13.6% | 46.9% |
|
$2,166,974
989.90 ETH
|
0.45 ETH
$995.81
|
3 | ||
| - |
|
beef brothko
|
0.45 ETH
$985.09
|
8.2% | 35.3% | 35.7% |
|
$656,068
299.70 ETH
|
0.45 ETH
$985.09
|
1 | ||
| - |
|
Gamba Dogs
|
4.16 SOL
$340.78
|
2.7% | 13.6% | 24.2% |
|
$681,565
8,322 SOL
|
11.61 SOL
$950.88
|
3 | ||
| - |
|
Tubby Cats
|
0.031 ETH
$66.77
|
12.9% | 166.4% | 136.5% |
|
$1,335,207
609.94 ETH
|
0.43 ETH
$941.63
|
12 | ||
| - |
|
Bitcoin Wizards
|
0.014 BTC
$955.28
|
0.0% | 4.9% | 10.0% |
|
$1,278,166
18.06 BTC
|
0.013 BTC
$941.13
|
1 | ||
| - |
|
Claynosaurz
|
11.42 SOL
$935.21
|
3.9% | 13.7% | 25.0% |
|
$9,569,082
116,846 SOL
|
11.24 SOL
$920.09
|
1 | ||
| - |
|
Opepen Edition
|
0.079 ETH
$172.89
|
1.1% | 17.0% | 29.5% |
|
$2,766,195
1,264 ETH
|
0.41 ETH
$888.57
|
5 | ||
| - |
|
BTC DeGods
|
0.017 BTC
$1,167.57
|
0.0% | 33.7% | 17.5% |
|
$624,648
8.83 BTC
|
0.012 BTC
$859.75
|
1 | ||
| - |
|
Murakami.Flowers Official
|
0.17 ETH
$370.25
|
0.3% | 0.5% | 6.0% |
|
$3,774,301
1,724 ETH
|
0.38 ETH
$842.80
|
2 | ||
| - |
|
alignDRAW
|
0.45 ETH
$985.09
|
18.7% | 5.1% | 23.7% |
|
$2,668,602
1,219 ETH
|
0.38 ETH
$831.85
|
1 | ||
| - |
|
GOTM Labz
|
10.70 SOL
$876.27
|
0.0% | 20.0% | 122.2% |
|
$262,882
3,210 SOL
|
10.00 SOL
$818.95
|
1 | ||
| - |
|
Heavy Liquid Graphic
|
0.66 SOL
$54.33
|
1.6% | 1.6% | 1.6% |
|
$54,275
662.74 SOL
|
9.91 SOL
$811.19
|
13 | ||
| - |
|
Retardio Cousins
|
1.15 SOL
$94.11
|
5.0% | 23.5% | 10.0% |
|
$418,233
5,107 SOL
|
9.62 SOL
$787.57
|
8 | ||
| - |
|
Land
|
0.013 ETH
$28.24
|
0.0% | 39.7% | 48.4% |
|
$564,021
257.65 ETH
|
0.36 ETH
$788.03
|
2 | ||
| - |
|
Gib Meme Gigapack Memecards
|
0.033 SOL
$2.68
|
0.0% | 9.1% | 8.8% |
|
$154,649
1,888 SOL
|
9.55 SOL
$782.11
|
268 | ||
| - |
|
Trump Digital Trading Cards
|
0.046 ETH
$100.72
|
42.7% | 43.5% | 135.3% |
|
$4,532,368
2,070 ETH
|
0.35 ETH
$774.39
|
9 | ||
| - |
|
Wilder Crafts Genesis
|
0.35 ETH
$766.18
|
0.0% | 22.2% | 20.4% |
|
$383,856
175.35 ETH
|
0.35 ETH
$766.18
|
1 | ||
| - |
|
LP Doll
|
0.94 SOL
$77.11
|
58.6% | 56.6% | 88.4% |
|
$342,686
4,184 SOL
|
9.17 SOL
$751.12
|
13 | ||
| - |
|
rektguy
|
0.17 ETH
$375.64
|
2.4% | 2.1% | 12.6% |
|
$3,310,929
1,512 ETH
|
0.34 ETH
$742.10
|
2 | ||
| - |
|
Taiji Labs Genesis Keys
|
0.15 ETH
$321.36
|
22.3% | 0.7% | 18.0% |
|
$128,543
58.72 ETH
|
0.34 ETH
$739.91
|
3 | ||
| - |
|
SharpAIO
|
6.57 SOL
$538.05
|
0.0% | 0.0% | 0.0% |
|
$80,707
985.50 SOL
|
9.00 SOL
$737.05
|
1 | ||
| - |
|
The Memes by 6529
|
0.017 ETH
$36.43
|
0.0% | 1.5% | 11.0% |
|
$7,370,428
3,367 ETH
|
0.33 ETH
$721.30
|
9 | ||
| - |
|
God Hates NFTees
|
0.045 ETH
$99.41
|
5.5% | 5.4% | 1.3% |
|
$499,251
228.06 ETH
|
0.33 ETH
$717.97
|
6 | ||
| - |
|
BASC Collection
|
0.65 SOL
$53.51
|
11.3% | 2.4% | 39.8% |
|
$530,605
6,479 SOL
|
8.51 SOL
$696.79
|
15 | ||
| - |
|
The Senses x Reddit Collectible Avatars
|
0.030 ETH
$64.60
|
0.6% | 38.4% | 32.9% |
|
$84,111
38.42 ETH
|
0.31 ETH
$680.25
|
2 | ||
| - |
|
GAINZ
|
3.02 SOL
$247.14
|
6.7% | 26.1% | 23.3% |
|
$823,717
10,058 SOL
|
8.24 SOL
$674.64
|
3 | ||
| - |
|
Yokai Avengers
|
0.003 BTC
$232.81
|
37.1% | 26.1% | 15.4% |
|
$156,445
2.21 BTC
|
0.010 BTC
$672.23
|
4 | ||
| - |
|
OnChainMonkey (OCM) Genesis
|
0.012 BTC
$847.72
|
0.0% | 4.2% | 4.3% |
|
$8,477,237
119.80 BTC
|
0.009 BTC
$643.93
|
1 | ||
| - |
|
OCM Genesis by OnChainMonkey®
|
0.012 BTC
$847.72
|
0.0% | 4.2% | 4.3% |
|
$8,477,237
119.80 BTC
|
0.009 BTC
$643.93
|
1 | ||
| - |
|
Sunflower Land
|
0.0002 ETH
$0.435377
|
8.0% | 47.8% | 49.1% |
|
$114,172
52.15 ETH
|
0.29 ETH
$640.54
|
8 | ||
| - |
|
Polychain Monsters | BNB Chain
|
50.00 BNB
$29,852
|
0.0% | 7042.9% | 111011.1% |
|
$15,298,333,778
25,623,750 BNB
|
1.05 BNB
$629.01
|
10 | ||
| - |
|
The Potatoz
|
0.10 ETH
$223.24
|
0.0% | 5.1% | 29.0% |
|
$2,232,202
1,020 ETH
|
0.28 ETH
$620.17
|
3 | ||
| - |
|
Zecrey Chameleon Avatar
|
0.50 BNB
$298.52
|
4.4% | 14.2% | 823.5% |
|
$1,401,246
2,347 BNB
|
1.01 BNB
$605.43
|
3 | ||
| - |
|
Proof of Narnian NFT
|
0.14 ETH
$306.25
|
0.0% | 9.3% | 23.1% |
|
$1,020,740
466.29 ETH
|
0.27 ETH
$593.02
|
2 | ||
| - |
|
Pudgy Rods
|
0.14 ETH
$299.69
|
0.7% | 4.9% | 8.4% |
|
$2,216,171
1,012 ETH
|
0.27 ETH
$588.64
|
2 | ||
| - |
|
Doge Friends
|
0.39 BNB
$235.55
|
0.0% | 0.0% | 0.0% |
|
$70,666
118.36 BNB
|
0.97 BNB
$579.58
|
- | ||
| - |
|
Wealthy Hypio Babies
|
0.13 ETH
$284.68
|
0.2% | 5.0% | 25.2% |
|
$1,581,393
722.40 ETH
|
0.26 ETH
$568.99
|
2 | ||
| - |
|
Pizza Ninjas
|
0.009 BTC
$617.04
|
0.0% | 0.9% | 17.7% |
|
$925,561
13.08 BTC
|
0.008 BTC
$568.22
|
1 | ||
| - |
|
BTC Machines
|
0.009 BTC
$619.16
|
1.7% | 7.4% | 9.4% |
|
$481,090
6.80 BTC
|
0.008 BTC
$566.09
|
1 | ||
| - |
|
BullBears
|
0.24 SOL
$19.85
|
12.2% | 28.9% | 19.0% |
|
$153,952
1,880 SOL
|
6.81 SOL
$557.74
|
15 | ||
| - |
|
Quirklings
|
0.070 ETH
$153.19
|
0.0% | 6.8% | 21.2% |
|
$3,013,747
1,377 ETH
|
0.25 ETH
$547.27
|
2 | ||
| - |
|
Mutants On Sol Crew
|
0.20 SOL
$16.18
|
1.0% | 45.8% | 1.1% |
|
$56,626
691.45 SOL
|
6.55 SOL
$536.58
|
28 | ||
| - |
|
Garbage Friends
|
0.013 ETH
$29.29
|
12.5% | 13.8% | 33.1% |
|
$144,469
66.00 ETH
|
0.24 ETH
$534.43
|
17 | ||
| - |
|
1000X GEM
|
6.95 SOL
$569.49
|
0.0% | 20.6% | 4.4% |
|
$1,138,410
13,901 SOL
|
6.50 SOL
$532.23
|
1 | ||
| - |
|
GDC
|
6.13 SOL
$502.37
|
1.2% | 1.2% | 1.2% |
|
$501,865
6,128 SOL
|
6.40 SOL
$524.13
|
1 | ||
| - |
|
iconito
|
0.15 SOL
$12.53
|
5.5% | 23.9% | 204.2% |
|
$62,633
764.79 SOL
|
6.38 SOL
$522.10
|
10 | ||
| - |
|
Soul Gate: Hero Cartridges
|
0.24 SOL
$19.25
|
27.3% | 28.5% | 25.3% |
|
$38,484
469.92 SOL
|
6.35 SOL
$520.25
|
28 | ||
| - |
|
Parallel Avatars
|
0.043 ETH
$93.12
|
25.7% | 9.5% | 22.9% |
|
$1,024,453
467.98 ETH
|
0.24 ETH
$520.61
|
7 | ||
| - |
|
My Pet Hooligan
|
0.069 ETH
$150.83
|
5.0% | 1.3% | 6.7% |
|
$1,340,538
612.37 ETH
|
0.24 ETH
$514.65
|
4 | ||
| - |
|
Motocat Racing Club
|
0.008 BTC
$549.75
|
0.0% | 20.7% | 33.9% |
|
$0.00
0 BTC
|
0.007 BTC
$495.33
|
1 | ||
| - |
|
Hashmasks
|
0.050 ETH
$109.67
|
4.4% | 11.9% | 27.2% |
|
$1,795,568
820.24 ETH
|
0.22 ETH
$490.23
|
4 | ||
| - |
|
Valhalla
|
0.013 ETH
$28.15
|
20.2% | 28.5% | 28.5% |
|
$253,390
115.75 ETH
|
0.22 ETH
$486.63
|
21 | ||
| - |
|
Habbo Avatars
|
0.22 ETH
$489.73
|
0.1% | 2.6% | 6.8% |
|
$5,680,364
2,595 ETH
|
0.22 ETH
$485.98
|
1 | ||
| - |
|
Common Wealth Genesis NFT Series 2
|
0.23 ETH
$503.27
|
0.0% | 34.3% | 8.9% |
|
$1,665,825
760.97 ETH
|
0.22 ETH
$470.65
|
1 | ||
| - |
|
Base Gods
|
0.27 ETH
$580.11
|
1.8% | 11.4% | 24.3% |
|
$468,727
214.12 ETH
|
0.22 ETH
$470.65
|
1 | ||
| - |
|
Gutter Cat Gang
|
0.10 ETH
$229.85
|
12.5% | 12.5% | 28.5% |
|
$689,561
315.00 ETH
|
0.21 ETH
$461.02
|
3 | ||
| - |
|
Torrino DAO
|
3.90 SOL
$319.53
|
35.6% | 3.4% | 10.5% |
|
$159,767
1,951 SOL
|
5.55 SOL
$454.52
|
2 | ||
| - |
|
Mutant Cartel Oath
|
0.010 ETH
$21.84
|
0.0% | 9.3% | 16.2% |
|
$35,789
16.35 ETH
|
0.20 ETH
$437.82
|
2 | ||
| - |
|
LuckySea.gg
|
0.44 SOL
$36.17
|
12.8% | 12.8% | 8.3% |
|
$74,980
915.56 SOL
|
5.16 SOL
$422.33
|
13 | ||
| - |
|
Natcats
|
0.003 BTC
$200.96
|
0.0% | 5.0% | 9.8% |
|
$1,620,565
22.90 BTC
|
0.006 BTC
$416.78
|
2 | ||
| - |
|
Kemonokaki
|
0.018 ETH
$39.38
|
8.1% | 5.8% | 23.6% |
|
$393,816
179.90 ETH
|
0.19 ETH
$415.71
|
10 | ||
| - |
|
Ted Trading Club
|
1.84 SOL
$150.33
|
4.5% | 13.5% | 39.9% |
|
$225,500
2,754 SOL
|
4.98 SOL
$408.20
|
3 | ||
| - |
|
Treehouse Squirrel Council
|
0.074 ETH
$161.95
|
0.0% | 16.7% | 7.9% |
|
$162,110
74.05 ETH
|
0.18 ETH
$404.94
|
3 | ||
| - |
|
IO: Imaginary Ones
|
0.068 ETH
$149.82
|
9.8% | 18.0% | 18.5% |
|
$1,331,588
608.29 ETH
|
0.18 ETH
$387.59
|
3 | ||
| - |
|
Fragments of an Infinite Field by Monica Rizzolli
|
0.28 ETH
$604.17
|
0.7% | 1.3% | 1.4% |
|
$618,665
282.61 ETH
|
0.18 ETH
$385.28
|
1 | ||
| - |
|
CENTS
|
0.005 BTC
$364.42
|
0.0% | 0.8% | 10.8% |
|
$3,644,586
51.51 BTC
|
0.005 BTC
$375.04
|
1 | ||
| - |
|
Star Atlas Crew
|
0.009 SOL
$0.701949
|
20.0% | 9.7% | 29.3% |
|
$1,025,606
12,523 SOL
|
4.38 SOL
$358.99
|
556 | ||
| - |
|
Cursed Bitcoin Punks
|
0.0005 BTC
$33.19
|
0.0% | 100.4% | 4.2% |
|
$331,872
4.69 BTC
|
0.005 BTC
$353.81
|
14 | ||
| - |
|
Azra Games - The Hopeful
|
0.091 ETH
$199.20
|
0.0% | 20.7% | 14.3% |
|
$1,106,580
505.50 ETH
|
0.16 ETH
$350.25
|
2 | ||
| - |
|
Froganas
|
Kjøp
|
0.62 SOL
$51.16
|
1.4% | 0.4% | 11.2% |
|
$284,168
3,470 SOL
|
4.22 SOL
$345.40
|
7 | |
| - |
|
0N1 Force
|
0.085 ETH
$185.39
|
9.2% | 1.3% | 20.1% |
|
$1,441,434
658.46 ETH
|
0.16 ETH
$344.34
|
2 | ||
| - |
|
GMX Blueberry Club
|
0.13 ETH
$293.12
|
2.3% | 0.0% | 0.0% |
|
$2,931,183
1,339 ETH
|
0.16 ETH
$343.47
|
1 | ||
| - |
|
Haxz
|
0.44 SOL
$36.10
|
3.5% | 3.1% | 8.8% |
|
$120,329
1,469 SOL
|
4.16 SOL
$341.03
|
10 | ||
| - |
|
Rogues
|
0.73 SOL
$59.59
|
13.3% | 70.0% | 63.9% |
|
$198,602
2,425 SOL
|
4.16 SOL
$340.68
|
5 | ||
| - |
|
Zinu's Zombie Mob Secret Society
|
0.039 ETH
$85.31
|
1.1% | 178.6% | 178.4% |
|
$853,086
389.70 ETH
|
0.16 ETH
$339.31
|
7 | ||
| - |
|
BoDoggos
|
1.25 SOL
$102.14
|
1.2% | 0.9% | 11.3% |
|
$888,313
10,847 SOL
|
4.05 SOL
$331.78
|
3 | ||
| - |
|
3D Invisible Friends
|
0.023 ETH
$50.48
|
15.3% | 43.8% | 25.4% |
|
$252,390
115.30 ETH
|
0.15 ETH
$330.30
|
7 | ||
| - |
|
Sugartown Oras
|
0.042 ETH
$91.85
|
109.8% | 0.0% | 0.0% |
|
$647,662
295.86 ETH
|
0.15 ETH
$329.68
|
13 | ||
| - |
|
Decentraland
|
0.045 ETH
$98.51
|
0.0% | 18.9% | 22.3% |
|
$9,713,652
4,437 ETH
|
0.15 ETH
$320.26
|
4 | ||
| - |
|
Skellie
|
0.030 ETH
$65.45
|
50.3% | 57.5% | 70.9% |
|
$163,634
74.75 ETH
|
0.14 ETH
$310.19
|
- | ||
| - |
|
The Long Lost
|
0.014 ETH
$30.84
|
0.0% | 11.7% | 4.4% |
|
$308,420
140.89 ETH
|
0.14 ETH
$309.16
|
9 | ||
| - |
|
Gemesis
|
0.011 ETH
$25.17
|
0.0% | 0.3% | 36.1% |
|
$2,385,198
1,090 ETH
|
0.14 ETH
$302.73
|
12 | ||
| - |
|
CNP RED
|
0.92 SOL
$75.26
|
1.3% | 4.8% | 10.9% |
|
$153,837
1,878 SOL
|
3.65 SOL
$299.00
|
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 NFT Data API.
How to Calculate NFT Floor Prices?
NFT floor price is the lowest price an individual is willing to sell an NFT for. Alternatively, the NFT floor price can also be the lowest amount of ETH a person is able to spend to own an NFT or become a member of an NFT project. NFT floor price is often determined and set by the owner of the NFT. The seller can decide to choose a floor price that is less than that of other similar NFTs within the NFT project. Knowing how to calculate the floor price of an NFT will save you the trouble of making a bad investment. In most cases, NFT investors use the floor price to determine the rarity of an NFT and find out if the NFT project has the chance of appreciating in value. The major determinant of the value of NFT floor price is the demand. If the NFT is in high demand, the seller will not want to sell it at a price lower than the value of other NFTs in the project. But if the reverse is the case and the demand for the NFT is low, the seller will most likely pick a low floor price in order to sell out the NFT quickly before it freezes out. As stated above, the floor price of an NFT is determined by the demand for the NFT. Below are factors that can affect the demand for an NFT and ultimately affect the floor price of NFTs: - The utility of the NFT - The uniqueness of the product - Creator's popularity - The product appeal to a wide range of buyers - The diversity of the NFT creators
What is NFT Market Cap?
NFT market cap is the total value of all NFTs in a collection in circulation, calculated by multiplying the total supply of NFTs in a collection by the current floor price. It serves as a valuation indicator to compare NFT assets with each other and with other cryptocurrencies. The rank that we assign to a collection reflects its position across all NFT collections in all the chains that we are tracking, hence you can consider it as a global market cap ranking.
How Do NFTs Differ From Cryptocurrencies?
Cryptocurrencies are identical to each other and can serve as a medium of commercial exchange, NFTs on the other hand, cannot be exchanged or traded at equivalency. This is because they are not identical to each other. Fungible items like cryptocurrency and fiat money can be exchanged with one another without losing value because their value is not tied to their uniqueness. An example of a fungible item is a dollar bill. Every $1 bill has the same value, so exchanging one bill with another bill that has a different serial number will in no way reduce the value of the $1 bill. The reverse is the case with NFTs. Each token is unique and is not always worth the same amount as other similar tokens.
Why Do NFTs Have Value?
The primary reason for NFT value is that each token is unique and cannot be interchanged. NFTs are also valuable because they help verify the authenticity and ownership of a non-fungible asset. Even though these digital assets may be duplicated, the original is unique and irreplaceable. Plainly put, the value of NFTs is tied to the non-fungibility of the tokens. Unlike fungible tokens, NFTs cannot be broken down into smaller units. Fungible tokens such as bitcoin are divisible into smaller units. For instance, bitcoin can be split into Satoshi. The implication of this is that even though an NFT asset can be copied, the digital certificate of ownership that can be bought or sold along with the artwork can't be duplicated. Only the original asset has the ownership certificate. So while other people may have access to the asset, none of them can claim ownership of it. Even though the NFTs are virtual, the fact that their ownership and authenticity can be verified makes them valuable.
What are NFTs Used For?
NFT buyers can choose to do whatever they like with their NFT after purchase. In most cases, the use of the NFT is dependent on what type of NFT it is.
Some may choose to hold NFTs that they believe will have long-term value, while others may sell their NFTs after buying just to make some profit. Savvy NFT traders take advantage of price fluctuations and actively trade NFTs to generate profit.
On the other hand, some NFT buyers like art collectors are not interested in reselling the NFT. They buy NFTs because they like collecting them. This group of buyers derive joy from knowing that they are the sole owners of certain digital assets.
Also, the importance and uses of NFTs keeps increasing as more categories are being discovered.
Below are some things you can use NFTs for:
1. Verifying the Authenticity of Products
NFTs are used to store information regarding the manufacturing process and ownership of a product on the blockchain.
This information cannot be tampered with or duplicated.
The fact that all this information about a product can be accessed easily helps to solve the problem of the circulation of fake copies of a product.
2. Gaming Industry
The uses of NFTs in the gaming industry cannot be overemphasized. Game developers use NFTs to create a constant stream of revenue by having gamers buy and trade in-game NFT items.
The use of NFTs in the gaming industry also enables gamers to make easier and safer transactions devoid of middlemen within the blockchain.
3. Intellectual Property and Patents
You can use NFTs to protect intellectual property and patents and also prove your ownership of any piece of digital content.
The traditional IP right tools like trademarks and copyrights are not as efficient as NFTs when it comes to protecting and proving the real ownership of a piece of content.
With NFTs, the creator of content can prove that he is the original creator of a digital asset at any given time.
4. Utility in the Metaverse
NFTs play a leading role in shaping the virtual reality future like the metaverse.
Literally, every item sold in the metaverse is an NFT. Transactions are already being made in the metaverse using NFT coins.
The future avatar of every metaverse user is also an NFT.
How to Mint NFTs
Anyone can mint NFTs. This minting can be done on many of the available NFT marketplaces like OpenSea, SuperRare, and Rarible.
Because many of these marketplaces are only available on the Ethereum network, you must have Ethereum's native currency Ether, and a wallet compatible with the Ethereum network to be able to mint NFTs.
The process of minting NFTs in each marketplace may be slightly different, but they are similar. The major difference in the minting process is the fees charged by each marketplace.
The minting steps below are applicable to most marketplaces:
Step 1: Create a Crypto Exchange Account.
You will need Ether in your wallet to pay the minting fee.
Step 2: Create a Crypto Wallet
To get started with the minting process you need to open a crypto wallet and connect it to the NFT Marketplace.
If you are using a wallet like Coinbase or MetaMask, you may be asked to connect your wallet through a QR code scanner on your smartphone or download the wallet to your computer.
Step 3: Send Ether to your Wallet
After setting up your wallet, the next thing to do is to send Ether from your exchange to your wallet.
In most cases, you will be able to send crypto to a wallet with a public address.
Your wallet's public address will always be visible when you open your wallet plugin on the browser or on your smartphone.
Step 4: Connect Your Wallet
After opening your wallet, go to the website of the platform you are using and click on the profile option.
When you do this, you will see an option for connecting your wallet to the marketplace.
Select the option.
Once the wallet is connected and your marketplace profile has been created, you will need to complete your profile by entering a username and your email address to verify your account.
Your profile can include information such as what type of crypto you accept as payment, your website, and social media link, and some information about yourself.
Step 5: Mint Your NFT
After opening your wallet, go to the website of the platform you are using and click on the profile option.
When you do this, you will see an option for connecting your wallet to the marketplace.
Select the option.
Once the wallet is connected and your marketplace profile has been created, you will need to complete your profile by entering a username and your email address to verify your account.
Your profile can include information such as what type of crypto you accept as payment, your website, and social media link, and some information about yourself.
Step 6: Sell Your NFT
After creating your NFT, you will need to list it for sale.
To do this, click on the "Sell" option on your NFT page. You will be redirected to a new page where you can choose to sell your NFT for a fixed price or auction it.
If you are selling at a fixed price, set the price you want to sell at, then complete the listing.
Before finally listing your NFT for sale, your platform may ask you to initialize your wallet. You will also need to confirm the selling price through your wallet.
Once this is done, your NFT has been minted and is ready for sale.
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