Ceny najpopularniejszych kolekcji NFT według kapitalizacji rynkowej
| # | NFT | Cena minimalna | 24 h | 7 dni | 30 dni | Ostatnie 7 dni | Kapitalizacja rynkowa | Wolumen 24h | Sprzedaż 24h | |||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 101 |
|
Probably Nothing Genesis
|
0,028 ETH
68,91 $
|
40.4% | 297.1% | 334.4% |
|
528 850 $
213,34 ETH
|
3,64 ETH
9 018,63 $
|
99 | ||
| 102 |
|
Tensorians
|
0,46 SOL
46,5 $
|
0.0% | 15.3% | 37.1% |
|
465 202 $
4 622 SOL
|
2,19 SOL
220,33 $
|
3 | ||
| 103 |
|
Somnium Space VR
|
0,03 ETH
74,37 $
|
40.0% | 40.0% | 66.3% |
|
438 029 $
176,7 ETH
|
3,75 ETH
9 288,59 $
|
2 | ||
| 104 |
|
The Bullpen
|
1,17 SOL
117,7 $
|
88.5% | 15.9% | 81.5% |
|
426 322 $
4 236 SOL
|
28,9 SOL
2 909 $
|
35 | ||
| 105 |
|
Ship
|
0,05 ETH
123,7 $
|
2.2% | 18.8% | 28.3% |
|
377 035 $
152,1 ETH
|
0,6 ETH
1 499,26 $
|
- | ||
| 106 |
|
SolPunks
|
0,37 SOL
36,86 $
|
0.0% | 16.6% | 29.5% |
|
368 386 $
3 660 SOL
|
18,14 SOL
1 825,54 $
|
4 | ||
| 107 |
|
Neo Tokyo Punks NFT
|
0,06 ETH
148,74 $
|
7.7% | 7.7% | 7.7% |
|
330 492 $
133,32 ETH
|
0,6 ETH
1 487,36 $
|
1 | ||
| 108 |
|
Syndicate Founder Capos
|
3,75 SOL
376,94 $
|
105.9% | 133.3% | 75.0% |
|
274 793 $
2 730 SOL
|
17,72 SOL
1 783,42 $
|
4 | ||
| 109 |
|
Card NFT 2
|
0,26 SOL
26,03 $
|
0.0% | 10.4% | 15.8% |
|
221 339 $
2 199 SOL
|
11,73 SOL
1 180,66 $
|
5 | ||
| 110 |
|
Pixelmon
|
0,005 ETH
11,3 $
|
26.4% | 28.4% | 74.6% |
|
146 997 $
59,3 ETH
|
0,6 ETH
1 487,39 $
|
58 | ||
| 111 |
|
OZMO
|
23,41 SOL
2 356,08 $
|
0.0% | 0.0% | 0.0% |
|
129 584 $
1 287 SOL
|
21 SOL
2 113,61 $
|
1 | ||
| 112 |
|
DeezNode
|
431,21 SOL
43 402 $
|
0.0% | 0.0% | 0.0% |
|
86 804 $
862,41 SOL
|
345 SOL
34 725 $
|
1 | ||
| 113 |
|
Drifella III
|
0,59 SOL
59,23 $
|
0.0% | 0.0% | 0.0% |
|
78 959 $
784,47 SOL
|
85,41 SOL
8 596,51 $
|
111 | ||
| 114 |
|
Trench Warriors
|
0,15 SOL
15,19 $
|
0.0% | 7.3% | 7.3% |
|
64 356 $
639,39 SOL
|
12,29 SOL
1 237,49 $
|
58 | ||
| 115 |
|
Cash Cats Brokers
|
0,041 ETH
102,13 $
|
724.0% | 23.4% | 23.4% |
|
63 220 $
25,5 ETH
|
4,86 ETH
12 035,51 $
|
108 | ||
| 116 |
|
BILLIONERS BROKERS
|
0,04 ETH
97,94 $
|
26.2% | 26.2% | 26.2% |
|
48 384 $
19,52 ETH
|
3,65 ETH
9 041,94 $
|
35 | ||
| 117 |
|
Wolves of the Wallstreet
|
0,007 ETH
17,35 $
|
97.1% | 97.0% | 97.0% |
|
34 705 $
14 ETH
|
1,11 ETH
2 752,37 $
|
147 | ||
| 118 |
|
Syndicate Capos
|
0,015 SOL
1,49 $
|
6.3% | 1.3% | 50.7% |
|
19 186,82 $
190,62 SOL
|
26,49 SOL
2 666,13 $
|
194 | ||
| 119 |
|
The Magus Official
|
0,004 ETH
9,89 $
|
0.0% | 0.0% | 0.0% |
|
8 417,22 $
3,4 ETH
|
0,83 ETH
2 047,38 $
|
- | ||
| 120 |
|
Bonk Puppets
|
0,023 SOL
2,33 $
|
0.0% | 0.0% | 0.0% |
|
5 108,2 $
50,75 SOL
|
55,92 SOL
5 628,14 $
|
2 241 | ||
| 121 |
|
Trump Bitcoin Digital Trading Cards
|
0,075 BTC
5 783,95 $
|
0.0% | 0.0% | 0.0% |
|
5 783,95 $
0,075 BTC
|
0,031 BTC
2 390,7 $
|
1 | ||
| - |
|
Otherside Koda
|
0,52 ETH
1 289,04 $
|
14.8% | 19.9% | 23.5% |
|
10 720 941 $
4 325 ETH
|
4,3 ETH
10 654,49 $
|
8 | ||
| - |
|
My Curio Cards
|
0,059 ETH
146,26 $
|
0.0% | 1.7% | 5.4% |
|
3 126 840 $
1 261 ETH
|
4,09 ETH
10 146,31 $
|
12 | ||
| - |
|
CryptoPunks V1 (wrapped)
|
1,78 ETH
4 407,55 $
|
0.0% | 9.2% | 25.9% |
|
22 698 907 $
9 157 ETH
|
4 ETH
9 910,8 $
|
2 | ||
| - |
|
The Memes by 6529
|
0,018 ETH
44,62 $
|
6.5% | 12.5% | 13.2% |
|
9 934 808 $
4 008 ETH
|
0,48 ETH
1 196,38 $
|
15 | ||
| - |
|
Heavy Liquid Graphic
|
0,66 SOL
66,77 $
|
1.6% | 1.6% | 1.6% |
|
66 706 $
662,74 SOL
|
9,91 SOL
997 $
|
13 | ||
| - |
|
Friendship Bracelets by Alexis André
|
0,006 ETH
14,69 $
|
21.0% | 21.8% | 52.6% |
|
572 306 $
230,87 ETH
|
0,39 ETH
958,48 $
|
75 | ||
| - |
|
Bitcoin Punks
|
0,003 BTC
242,35 $
|
0.0% | 21.2% | 8.6% |
|
2 423 498 $
31,43 BTC
|
0,015 BTC
1 132,88 $
|
1 | ||
| - |
|
Jungle Bay
|
0,068 ETH
169,13 $
|
1.1% | 24.2% | 42.6% |
|
939 338 $
378,93 ETH
|
0,36 ETH
895,39 $
|
11 | ||
| - |
|
pyopyopyopyo
|
0,022 ETH
55,04 $
|
10.8% | 20.1% | 69.6% |
|
244 579 $
98,66 ETH
|
0,35 ETH
867,38 $
|
19 | ||
| - |
|
Bitcoin Wizards
|
0,014 BTC
1 041,11 $
|
0.0% | 4.9% | 10.0% |
|
1 393 006 $
18,06 BTC
|
0,013 BTC
1 025,69 $
|
1 | ||
| - |
|
daily.xyz
|
0,05 ETH
123,92 $
|
0.0% | 11.1% | 257.3% |
|
395 312 $
159,47 ETH
|
0,34 ETH
845,29 $
|
4 | ||
| - |
|
MidEvil
|
0,43 SOL
42,97 $
|
1.7% | 0.1% | 24.3% |
|
214 855 $
2 135 SOL
|
8,37 SOL
842,6 $
|
14 | ||
| - |
|
Taiji Labs Genesis Keys
|
0,15 ETH
363,91 $
|
22.3% | 0.7% | 18.0% |
|
145 563 $
58,72 ETH
|
0,34 ETH
837,88 $
|
3 | ||
| - |
|
Famous Fox Dens
|
1,97 SOL
198,14 $
|
1.5% | 4.2% | 10.2% |
|
594 435 $
5 906 SOL
|
8,3 SOL
835,52 $
|
4 | ||
| - |
|
Transdimensional Fox Federation
|
1,44 SOL
145,32 $
|
2.3% | 21.8% | 1.6% |
|
1 130 471 $
11 231 SOL
|
8,25 SOL
830,69 $
|
6 | ||
| - |
|
Captainz
|
0,036 ETH
88,98 $
|
9.2% | 27.0% | 47.2% |
|
889 722 $
358,91 ETH
|
0,33 ETH
813,28 $
|
8 | ||
| - |
|
BTC DeGods
|
0,017 BTC
1 272,47 $
|
0.0% | 33.7% | 17.5% |
|
680 771 $
8,83 BTC
|
0,012 BTC
937 $
|
1 | ||
| - |
|
Polychain Monsters | BNB Chain
|
50 BNB
35 840 $
|
0.0% | 7042.9% | 111011.1% |
|
18 367 036 028 $
25 623 750 BNB
|
1,05 BNB
755,19 $
|
10 | ||
| - |
|
SMOWL
|
0,055 ETH
136,34 $
|
0.0% | 8.3% | 32.9% |
|
572 216 $
230,83 ETH
|
0,3 ETH
737,73 $
|
5 | ||
| - |
|
Habbo Avatars
|
0,15 ETH
378,46 $
|
1.5% | 7.9% | 16.6% |
|
4 389 757 $
1 771 ETH
|
0,29 ETH
728,81 $
|
2 | ||
| - |
|
Zecrey Chameleon Avatar
|
0,5 BNB
358,4 $
|
4.4% | 14.2% | 823.5% |
|
1 682 323 $
2 347 BNB
|
1,01 BNB
726,87 $
|
3 | ||
| - |
|
Murakami.Flowers Official
|
0,15 ETH
365,79 $
|
4.6% | 0.3% | 6.2% |
|
3 729 202 $
1 504 ETH
|
0,29 ETH
717,92 $
|
2 | ||
| - |
|
rektguy
|
0,13 ETH
331,43 $
|
0.1% | 4.7% | 49.5% |
|
2 921 241 $
1 178 ETH
|
0,29 ETH
710,71 $
|
2 | ||
| - |
|
CrypToadz
|
0,29 ETH
722,93 $
|
6.5% | 21.2% | 0.6% |
|
5 076 399 $
2 048 ETH
|
0,28 ETH
701,54 $
|
1 | ||
| - |
|
Doge Friends
|
0,39 BNB
282,8 $
|
0.0% | 0.0% | 0.0% |
|
84 841 $
118,36 BNB
|
0,97 BNB
695,83 $
|
- | ||
| - |
|
Robinhood Punks
|
0,006 ETH
14,24 $
|
23.8% | 12.4% | 0.4% |
|
142 374 $
57,43 ETH
|
0,27 ETH
662,49 $
|
42 | ||
| - |
|
Rafflor
|
2,37 SOL
238,59 $
|
4.2% | 9.8% | 12.6% |
|
297 516 $
2 956 SOL
|
6,36 SOL
639,9 $
|
3 | ||
| - |
|
Soul Gate: Hero Cartridges
|
0,24 SOL
23,66 $
|
27.3% | 28.5% | 25.3% |
|
47 299 $
469,92 SOL
|
6,35 SOL
639,42 $
|
28 | ||
| - |
|
TCG Dragon Cave Club
|
0,024 ETH
58,5 $
|
1.2% | 10.9% | 43.1% |
|
585 030 $
236 ETH
|
0,26 ETH
635,35 $
|
4 | ||
| - |
|
Phantom Fox
|
1,05 SOL
105,18 $
|
0.0% | 0.0% | 0.0% |
|
105 182 $
1 045 SOL
|
6,3 SOL
633,61 $
|
5 | ||
| - |
|
Trichro-matic by MountVitruvius
|
0,15 ETH
371,83 $
|
20.0% | 0.0% | 0.0% |
|
223 097 $
90 ETH
|
0,26 ETH
632,13 $
|
2 | ||
| - |
|
Yokai Avengers
|
0,003 BTC
253,72 $
|
37.1% | 26.1% | 15.4% |
|
170 502 $
2,21 BTC
|
0,01 BTC
732,63 $
|
4 | ||
| - |
|
1000X GEM
|
6,42 SOL
646,23 $
|
0.0% | 13.8% | 0.0% |
|
1 291 821 $
12 834 SOL
|
6 SOL
603,92 $
|
1 | ||
| - |
|
OCM Genesis by OnChainMonkey®
|
0,012 BTC
923,89 $
|
0.0% | 4.2% | 4.3% |
|
9 238 894 $
119,8 BTC
|
0,009 BTC
701,79 $
|
1 | ||
| - |
|
OnChainMonkey (OCM) Genesis
|
0,012 BTC
923,89 $
|
0.0% | 4.2% | 4.3% |
|
9 238 894 $
119,8 BTC
|
0,009 BTC
701,79 $
|
1 | ||
| - |
|
Solana Machines
|
0,037 SOL
3,68 $
|
3.0% | 90.0% | 90.0% |
|
12 264,48 $
121,85 SOL
|
5,58 SOL
561,79 $
|
138 | ||
| - |
|
Zaibatsu Wagies
|
0,029 ETH
72,37 $
|
0.8% | 46.5% | 69.9% |
|
72 371 $
29,19 ETH
|
0,23 ETH
559,55 $
|
9 | ||
| - |
|
Zero Name Service
|
0,033 ETH
81,43 $
|
0.0% | 0.0% | 13.8% |
|
597 501 $
241,03 ETH
|
0,22 ETH
553,8 $
|
3 | ||
| - |
|
The Sad Times NFT
|
0,013 ETH
31 $
|
60.7% | 60.7% | 34.2% |
|
103 307 $
41,67 ETH
|
0,22 ETH
540,9 $
|
7 | ||
| - |
|
Common Wealth Genesis NFT Series 2
|
0,23 ETH
569,91 $
|
0.0% | 34.3% | 8.9% |
|
1 886 397 $
760,97 ETH
|
0,22 ETH
532,97 $
|
1 | ||
| - |
|
DeadFellaz
|
0,07 ETH
173,53 $
|
2.7% | 6.1% | 39.1% |
|
1 735 259 $
700 ETH
|
0,21 ETH
525,54 $
|
3 | ||
| - |
|
Pizza Ninjas
|
0,009 BTC
672,48 $
|
0.0% | 0.9% | 17.7% |
|
1 008 721 $
13,08 BTC
|
0,008 BTC
619,27 $
|
1 | ||
| - |
|
BTC Machines
|
0,009 BTC
674,79 $
|
1.7% | 7.4% | 9.4% |
|
524 315 $
6,8 BTC
|
0,008 BTC
616,95 $
|
1 | ||
| - |
|
Wealthy Hypio Babies
|
15,66 HYPE
1 235,25 $
|
11.9% | 44.5% | 42.4% |
|
6 669 131 $
84 548 HYPE
|
6,4 HYPE
504,47 $
|
28 | ||
| - |
|
Apu Apustajas
|
0,044 ETH
109,21 $
|
1.2% | 21.9% | 12.7% |
|
849 315 $
342,61 ETH
|
0,2 ETH
493,06 $
|
5 | ||
| - |
|
Ronkeverse
|
540 RON
30,51 $
|
0.9% | 16.2% | 23.0% |
|
212 501 $
3 761 100 RON
|
8 556 RON
483,42 $
|
13 | ||
| - |
|
OnChainHoodies
|
0,012 ETH
29,7 $
|
0.2% | 15.0% | 70.0% |
|
178 156 $
71,87 ETH
|
0,2 ETH
484,77 $
|
19 | ||
| - |
|
KILLABEARS
|
0,04 ETH
99,73 $
|
12.7% | 36.1% | 10.3% |
|
332 393 $
134,09 ETH
|
0,19 ETH
468,16 $
|
4 | ||
| - |
|
Nyan Cat (Official)
|
0,25 ETH
616,95 $
|
32.5% | 0.2% | 37.3% |
|
928 508 $
374,56 ETH
|
0,19 ETH
465,74 $
|
1 | ||
| - |
|
based punks
|
0,026 ETH
64,82 $
|
0.0% | 12.8% | 30.3% |
|
324 122 $
130,75 ETH
|
0,19 ETH
460,59 $
|
7 | ||
| - |
|
SHIB YARD
|
0,01 ETH
24,79 $
|
0.0% | 10.0% | 39.6% |
|
525 560 $
212,01 ETH
|
0,18 ETH
458,36 $
|
1 | ||
| - |
|
Motocat Racing Club
|
0,008 BTC
599,14 $
|
0.0% | 20.7% | 33.9% |
|
0 zł
0 BTC
|
0,007 BTC
539,84 $
|
1 | ||
| - |
|
Wealthy Hypio Babies
|
0,068 ETH
169,74 $
|
5.9% | 19.7% | 7.3% |
|
942 904 $
380,37 ETH
|
0,17 ETH
421,98 $
|
3 | ||
| - |
|
Script Kiddies
|
0,007 ETH
16,62 $
|
19.3% | 32.5% | 68.1% |
|
166 174 $
67,03 ETH
|
0,16 ETH
403,34 $
|
27 | ||
| - |
|
The Saudis
|
0,015 ETH
38,27 $
|
2.2% | 3.3% | 77.6% |
|
212 579 $
85,75 ETH
|
0,16 ETH
390,65 $
|
10 | ||
| - |
|
GMX Blueberry Club
|
0,13 ETH
331,93 $
|
2.3% | 0.0% | 0.0% |
|
3 319 302 $
1 339 ETH
|
0,16 ETH
388,95 $
|
1 | ||
| - |
|
Puffsterz
|
2,09 SOL
210,04 $
|
0.1% | 9.5% | 10.9% |
|
396 350 $
3 938 SOL
|
3,83 SOL
385,95 $
|
2 | ||
| - |
|
Paradise
|
20,87 SOL
2 100,12 $
|
0.0% | 0.0% | 0.0% |
|
18 665 860 $
185 448 SOL
|
3,8 SOL
382,48 $
|
1 | ||
| - |
|
Creepz by OVERLORD
|
0,17 ETH
428,03 $
|
6.2% | 11.4% | 60.8% |
|
4 756 256 $
1 919 ETH
|
0,15 ETH
381,76 $
|
1 | ||
| - |
|
Natcats
|
0,003 BTC
219,02 $
|
0.0% | 5.0% | 9.8% |
|
1 766 168 $
22,9 BTC
|
0,006 BTC
454,23 $
|
2 | ||
| - |
|
Otherside Vessel
|
0,005 ETH
11,38 $
|
29.1% | 41.9% | 41.9% |
|
320 426 $
129,26 ETH
|
0,15 ETH
378,61 $
|
8 | ||
| - |
|
GNSS Art by MGXS
|
0,024 ETH
59,49 $
|
42.0% | 42.0% | 11.4% |
|
576 860 $
232,7 ETH
|
0,15 ETH
377,37 $
|
5 | ||
| - |
|
Final Bosu
|
0,019 ETH
48,13 $
|
5.4% | 3.1% | 51.6% |
|
427 809 $
172,58 ETH
|
0,15 ETH
374,07 $
|
4 | ||
| - |
|
Geek
|
0,1 SOL
10,3 $
|
65.0% | 24.9% | 37.2% |
|
34 345 $
341,23 SOL
|
3,68 SOL
370,37 $
|
33 | ||
| - |
|
Angry Dynomites Lab - Water Dynos
|
0,15 ETH
369,36 $
|
0.7% | 0.7% | 7.2% |
|
554 043 $
223,5 ETH
|
0,15 ETH
369,36 $
|
1 | ||
| - |
|
Checks - VV Edition
|
0,22 ETH
545,37 $
|
22.2% | 29.4% | 0.0% |
|
2 934 075 $
1 184 ETH
|
0,15 ETH
361,93 $
|
1 | ||
| - |
|
Lions of Liquania
|
4,08 SOL
410,33 $
|
10.1% | 9.2% | 43.8% |
|
538 765 $
5 353 SOL
|
3,5 SOL
352,18 $
|
1 | ||
| - |
|
Skellie
|
0,03 ETH
74,12 $
|
50.3% | 57.5% | 70.9% |
|
185 301 $
74,75 ETH
|
0,14 ETH
351,26 $
|
- | ||
| - |
|
Grimoire
|
0,71 SOL
71,81 $
|
9.9% | 3.4% | 3.4% |
|
154 327 $
1 533 SOL
|
3,49 SOL
351,03 $
|
5 | ||
| - |
|
Degenerate Ape Academy
|
Kup
|
1,78 SOL
179,46 $
|
0.0% | 6.7% | 38.7% |
|
3 191 032 $
31 703 SOL
|
3,43 SOL
345,14 $
|
2 | |
| - |
|
CENTS
|
0,005 BTC
397,16 $
|
0.0% | 0.8% | 10.8% |
|
3 972 042 $
51,51 BTC
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0,005 BTC
408,73 $
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Star Atlas Crew
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0,003 SOL
0,351997 $
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0.0% | 34.1% | 53.2% |
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516 904 $
5 136 SOL
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3,36 SOL
338 $
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ARCStellars
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0,29 ETH
706,5 $
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3.0% | 16.1% | 50.2% |
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627 370 $
253,08 ETH
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0,14 ETH
334,66 $
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TRUMP HOOD
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0,084 ETH
208,23 $
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625 943 $
252,5 ETH
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0,13 ETH
332,18 $
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Proceed w/ Caution
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0,019 ETH
47,1 $
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81.1% | 72.9% | 116.2% |
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207 993 $
83,9 ETH
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0,13 ETH
327,83 $
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Moki Genesis
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1 199 RON
67,74 $
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4.3% | 9.0% | 7.1% |
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602 100 $
10 656 712 RON
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5 772 RON
326,11 $
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BotanNFT
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0,19 BNB
138,15 $
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1 074 354 $
1 499 BNB
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0,46 BNB
326,22 $
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Cursed Bitcoin Punks
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0,0005 BTC
36,17 $
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0.0% | 100.4% | 4.2% |
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361 690 $
4,69 BTC
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0,005 BTC
385,6 $
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G3M NFT Series
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0 BNB
0,000000000000000717 $
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0,000000000618794 $
0 BNB
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0,44 BNB
317,72 $
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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 danych 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.