Prețurile principalelor colecții de NFT-uri, clasificate în funcție de capitalizarea bursieră
| # | NFT | Preț minim | 24 ore | 7 z | 30 z | Ultimele 7 zile | Capitalizare de piață | Volum în ultimele 24 ore | Vânzări în ultimele 24 de ore | |||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - |
|
Collector Crypt
|
0,083 SOL
8,40 $
|
0.0% | 0.0% | 55.6% |
|
598.232 $
5.928 SOL
|
1,00 SOL
100,57 $
|
5 | ||
| - |
|
The Pandarianz
|
0,39 SOL
39,56 $
|
20.5% | 30.0% | 19.3% |
|
43.835 $
434,34 SOL
|
1,00 SOL
100,92 $
|
1 | ||
| - |
|
Lil Peepos
|
0,005 BTC
384,61 $
|
0.0% | 66.7% | 0.0% |
|
161.538 $
2,10 BTC
|
0,002 BTC
119,23 $
|
1 | ||
| - |
|
PepeNals
|
0,0003 BTC
24,62 $
|
0.0% | 100.0% | 73.0% |
|
169.845 $
2,21 BTC
|
0,002 BTC
118,46 $
|
8 | ||
| - |
|
MakersPlace
|
0,001 ETH
3,58 $
|
0.0% | 52.2% | 0.0% |
|
339.844 $
137,15 ETH
|
0,040 ETH
99,11 $
|
2 | ||
| - |
|
World of Women Galaxy
|
0,008 ETH
20,25 $
|
12.1% | 0.1% | 10.2% |
|
435.079 $
175,59 ETH
|
0,039 ETH
95,77 $
|
5 | ||
| - |
|
Letters by Vinnie Hager
|
0,14 ETH
344,42 $
|
11.2% | 25.2% | 0.2% |
|
344.424 $
139,00 ETH
|
0,037 ETH
92,67 $
|
1 | ||
| - |
|
Liminals
|
0,060 SOL
6,07 $
|
0.0% | 9.2% | 25.6% |
|
20.243 $
200,58 SOL
|
0,91 SOL
91,94 $
|
6 | ||
| - |
|
Primals
|
0,16 SOL
15,77 $
|
11.7% | 25.3% | 25.3% |
|
52.409 $
519,29 SOL
|
0,90 SOL
90,68 $
|
3 | ||
| - |
|
CakeMonsterLottery
|
0,15 BNB
107,77 $
|
0.0% | 0.0% | 0.0% |
|
264.241 $
367,80 BNB
|
0,13 BNB
90,22 $
|
- | ||
| - |
|
STONES
|
0,0001 BTC
10,00 $
|
0.0% | 56.7% | 0.0% |
|
0,00 RON
0 BTC
|
0,001 BTC
106,92 $
|
7 | ||
| - |
|
sharx by sharky.fi
|
0,26 SOL
26,56 $
|
0.0% | 0.8% | 2.2% |
|
268.459 $
2.660 SOL
|
0,88 SOL
88,71 $
|
3 | ||
| - |
|
Flamingos
|
0,001 ETH
3,45 $
|
9.4% | 10.1% | 44.7% |
|
19.187,83 $
7,74 ETH
|
0,036 ETH
88,52 $
|
29 | ||
| - |
|
God Hates NFTees
|
0,018 ETH
45,63 $
|
9.8% | 21.6% | 46.8% |
|
229.151 $
92,48 ETH
|
0,035 ETH
87,82 $
|
2 | ||
| - |
|
CyberBrokers
|
0,048 ETH
118,94 $
|
39.5% | 57.4% | 20.0% |
|
1.189.379 $
480,00 ETH
|
0,035 ETH
86,73 $
|
1 | ||
| - |
|
Trencher
|
0,77 SOL
77,98 $
|
17.4% | 8.6% | 46.2% |
|
86.630 $
858,38 SOL
|
0,85 SOL
86,18 $
|
1 | ||
| - |
|
Hegends
|
0,15 SOL
15,05 $
|
53.2% | 53.2% | 53.2% |
|
33.449 $
331,43 SOL
|
0,83 SOL
84,09 $
|
9 | ||
| - |
|
Treeverse Plots
|
0,008 ETH
20,95 $
|
4.4% | 3.4% | 1.9% |
|
218.296 $
88,10 ETH
|
0,033 ETH
82,13 $
|
4 | ||
| - |
|
Elements
|
0,075 SOL
7,56 $
|
12.5% | 50.0% | 50.0% |
|
75.569 $
748,78 SOL
|
0,81 SOL
82,15 $
|
11 | ||
| - |
|
Smyths
|
0,80 SOL
80,94 $
|
0.0% | 15.8% | 13.7% |
|
359.720 $
3.564 SOL
|
0,82 SOL
82,25 $
|
1 | ||
| - |
|
Labubu NFT
|
1,11 SOL
111,52 $
|
21.2% | 50.0% | 50.0% |
|
11.152,05 $
110,50 SOL
|
0,80 SOL
80,74 $
|
1 | ||
| - |
|
bitmap
|
Cumpărare
|
0,0000 BTC
3,60 $
|
0.0% | 4.0% | 36.7% |
|
2.857.300 $
37,15 BTC
|
0,001 BTC
95,76 $
|
26 | |
| - |
|
Robotos
|
0,007 ETH
17,27 $
|
0.0% | 28.8% | 58.8% |
|
172.690 $
69,69 ETH
|
0,032 ETH
79,63 $
|
5 | ||
| - |
|
Kaiju Kingz
|
0,012 ETH
29,24 $
|
0.0% | 0.7% | 26.2% |
|
292.360 $
117,99 ETH
|
0,032 ETH
78,55 $
|
4 | ||
| - |
|
Enigma by CyberSea x Vivid Gallery x OnChainMonkey®
|
0,003 BTC
246,92 $
|
0.0% | 16.6% | 114.0% |
|
0,00 RON
0 BTC
|
0,001 BTC
93,08 $
|
1 | ||
| - |
|
Undead Genesis
|
0,19 SOL
19,32 $
|
1.1% | 1.1% | 1.0% |
|
85.893 $
851,07 SOL
|
0,77 SOL
78,01 $
|
4 | ||
| - |
|
The Odyssey
|
0,001 BTC
76,92 $
|
0.0% | 0.0% | 0.0% |
|
76.846 $
1,00 BTC
|
0,001 BTC
92,31 $
|
3 | ||
| - |
|
Yat
|
0,002 ETH
3,76 $
|
0.0% | 89.9% | 0.0% |
|
57.057 $
23,03 ETH
|
0,031 ETH
77,31 $
|
2 | ||
| - |
|
The Plague NFT
|
0,024 ETH
59,22 $
|
3.9% | 0.4% | 0.4% |
|
635.147 $
256,33 ETH
|
0,031 ETH
76,81 $
|
2 | ||
| - |
|
NODES
|
0,005 ETH
12,63 $
|
2.2% | 22.2% | 43.0% |
|
42.111 $
16,99 ETH
|
0,031 ETH
76,84 $
|
7 | ||
| - |
|
Wonky Stonks
|
0,038 ETH
94,65 $
|
0.0% | 36.2% | 41.8% |
|
826.809 $
333,68 ETH
|
0,031 ETH
76,42 $
|
1 | ||
| - |
|
Suns Saga
|
1,00 SOL
100,81 $
|
23.3% | 2.8% | 0.0% |
|
112.002 $
1.110 SOL
|
0,75 SOL
75,69 $
|
1 | ||
| - |
|
CyberKongz VX
|
0,010 ETH
24,53 $
|
0.0% | 0.0% | 23.8% |
|
364.383 $
147,05 ETH
|
0,030 ETH
74,58 $
|
2 | ||
| - |
|
CETS ON CRECK
|
0,50 SOL
50,75 $
|
6.0% | 42.9% | 8.1% |
|
353.809 $
3.506 SOL
|
0,70 SOL
70,75 $
|
1 | ||
| - |
|
ABC
|
0,69 SOL
70,00 $
|
0.0% | 0.7% | 1.4% |
|
138.671 $
1.374 SOL
|
0,68 SOL
68,63 $
|
1 | ||
| - |
|
GORBAGIO
|
0,083 SOL
8,39 $
|
13.9% | 114.4% | 54.6% |
|
37.269 $
369,28 SOL
|
0,68 SOL
68,20 $
|
8 | ||
| - |
|
IO: Imaginary Ones
|
0,027 ETH
67,18 $
|
0.0% | 0.0% | 32.8% |
|
597.077 $
240,96 ETH
|
0,026 ETH
64,81 $
|
1 | ||
| - |
|
RSIC METAPROTOCOL
|
0,0007 BTC
57,33 $
|
0.0% | 14.2% | 16.2% |
|
1.203.859 $
15,65 BTC
|
0,001 BTC
76,92 $
|
1 | ||
| - |
|
OCM Katoshi Classic by OnChainMonkey®
|
0,0007 BTC
56,92 $
|
0.0% | 1.3% | 2.6% |
|
0,00 RON
0 BTC
|
0,001 BTC
76,92 $
|
1 | ||
| - |
|
BEST BEFORE by Lemonhaze x ORDINALLY
|
0,0005 BTC
36,78 $
|
0.0% | 40.0% | 40.0% |
|
0,00 RON
0 BTC
|
0,001 BTC
76,92 $
|
1 | ||
| - |
|
Owltopia G2
|
0,19 SOL
19,46 $
|
5.5% | 7.1% | 36.8% |
|
38.912 $
385,56 SOL
|
0,63 SOL
63,82 $
|
5 | ||
| - |
|
BasePaint
|
0,0009 ETH
2,21 $
|
1.0% | 4.8% | 9.1% |
|
648.640 $
261,77 ETH
|
0,026 ETH
63,28 $
|
6 | ||
| - |
|
0N1 FORCE: THE F4LL3N
|
0,0008 BTC
61,25 $
|
0.0% | 27.6% | 42.7% |
|
204.148 $
2,65 BTC
|
0,0008 BTC
61,23 $
|
1 | ||
| - |
|
FTW
|
0,0009 BTC
69,23 $
|
0.0% | 32.4% | 109.3% |
|
145.384 $
1,89 BTC
|
0,0010 BTC
73,85 $
|
1 | ||
| - |
|
Cyber Frogs
|
0,70 SOL
70,52 $
|
0.2% | 4.0% | 24.8% |
|
570.332 $
5.651 SOL
|
0,62 SOL
62,07 $
|
1 | ||
| - |
|
Warriors of Aradena
|
0,016 ETH
39,87 $
|
0.5% | 17.8% | 44.9% |
|
318.991 $
128,74 ETH
|
0,025 ETH
61,95 $
|
1 | ||
| - |
|
KnownOrigin
|
0,001 ETH
2,48 $
|
0.0% | 0.0% | 0.0% |
|
543.390 $
219,30 ETH
|
0,025 ETH
61,95 $
|
1 | ||
| - |
|
Playbux Ultra
|
0,038 BNB
27,16 $
|
0.0% | 0.0% | 0.0% |
|
136.449 $
189,92 BNB
|
0,086 BNB
61,46 $
|
3 | ||
| - |
|
Looki
|
0,034 ETH
84,09 $
|
0.1% | 2.7% | 38.3% |
|
737.293 $
297,55 ETH
|
0,025 ETH
61,20 $
|
1 | ||
| - |
|
Hoodini
|
0,002 ETH
5,94 $
|
0.0% | 5.9% | 60.1% |
|
6.943,32 $
2,80 ETH
|
0,024 ETH
60,18 $
|
6 | ||
| - |
|
The Rune Guardians - Miners
|
0,0001 BTC
5,38 $
|
75.0% | 250.0% | 180.0% |
|
53.846 $
0,70 BTC
|
0,0009 BTC
70,61 $
|
16 | ||
| - |
|
Ordinal SigmaX
|
0,0001 BTC
8,46 $
|
11.3% | 11.3% | 11.4% |
|
8,46 $
0,0001 BTC
|
0,0009 BTC
69,85 $
|
5 | ||
| - |
|
Shinigami: The Underworld
|
0,096 SOL
9,72 $
|
5.2% | 15.8% | 30.7% |
|
32.403 $
321,06 SOL
|
0,57 SOL
57,80 $
|
5 | ||
| - |
|
Phanta Bear
|
0,035 ETH
86,60 $
|
0.0% | 0.0% | 1.3% |
|
866.014 $
349,50 ETH
|
0,023 ETH
56,99 $
|
1 | ||
| - |
|
Ape Odyssey
|
0,0001 BTC
4,62 $
|
20.0% | 50.0% | 50.0% |
|
23.077 $
0,30 BTC
|
0,0008 BTC
65,23 $
|
17 | ||
| - |
|
alien frens
|
0,011 ETH
28,49 $
|
25.3% | 25.3% | 35.4% |
|
284.902 $
114,98 ETH
|
0,021 ETH
52,78 $
|
2 | ||
| - |
|
DUSTER GANG
|
0,52 SOL
52,10 $
|
0.0% | 0.0% | 14.7% |
|
115.756 $
1.147 SOL
|
0,52 SOL
52,48 $
|
1 | ||
| - |
|
Bulls and Apes Project - Genesis
|
0,025 ETH
61,18 $
|
0.0% | 0.0% | 45.1% |
|
642.435 $
259,27 ETH
|
0,021 ETH
52,04 $
|
1 | ||
| - |
|
Chubbiverse Frens
|
0,022 ETH
54,51 $
|
0.0% | 37.5% | 272.9% |
|
484.459 $
195,51 ETH
|
0,021 ETH
51,54 $
|
3 | ||
| - |
|
0N1 Force: The Fallen
|
0,0008 BTC
61,25 $
|
0.0% | 27.6% | 42.7% |
|
204.148 $
2,65 BTC
|
0,0008 BTC
61,23 $
|
1 | ||
| - |
|
Killer GF
|
0,045 ETH
111,50 $
|
0.0% | 80.0% | 80.0% |
|
867.169 $
349,97 ETH
|
0,020 ETH
50,55 $
|
1 | ||
| - |
|
Golfn Season 1 Cards
|
0,54 SOL
54,56 $
|
10.4% | 35.9% | 43.2% |
|
408.267 $
4.045 SOL
|
0,50 SOL
50,46 $
|
1 | ||
| - |
|
YAYO NFT
|
0,015 ETH
38,16 $
|
0.0% | 48.6% | 21.0% |
|
140.120 $
56,55 ETH
|
0,020 ETH
49,56 $
|
2 | ||
| - |
|
TOPIA Worlds
|
0,033 ETH
81,73 $
|
0.0% | 17.5% | 10.9% |
|
817.220 $
329,81 ETH
|
0,020 ETH
49,56 $
|
1 | ||
| - |
|
Doopies
|
0,22 SOL
22,68 $
|
32.4% | 6.3% | 47.5% |
|
201.558 $
1.997 SOL
|
0,49 SOL
49,02 $
|
2 | ||
| - |
|
UP NFT Collection
|
0,065 BNB
46,70 $
|
0.0% | 0.0% | 0.0% |
|
233.492 $
325,00 BNB
|
0,068 BNB
48,98 $
|
- | ||
| - |
|
Broadside
|
0,004 ETH
11,03 $
|
31.4% | 31.1% | 27.3% |
|
79.449 $
32,06 ETH
|
0,020 ETH
48,81 $
|
1 | ||
| - |
|
Adderrels
|
0,0010 BTC
76,15 $
|
0.0% | 2.1% | 29.8% |
|
0,00 RON
0 BTC
|
0,0008 BTC
57,69 $
|
1 | ||
| - |
|
Aurory
|
0,19 SOL
19,42 $
|
0.0% | 22.9% | 89.4% |
|
194.542 $
1.928 SOL
|
0,47 SOL
47,92 $
|
2 | ||
| - |
|
Aurorians
|
0,19 SOL
19,42 $
|
0.0% | 22.9% | 89.4% |
|
194.542 $
1.928 SOL
|
0,47 SOL
47,92 $
|
2 | ||
| - |
|
Sunflower Land
|
0,0002 ETH
0,420776 $
|
0.1% | 10.6% | 15.9% |
|
111.672 $
45,07 ETH
|
0,019 ETH
46,97 $
|
4 | ||
| - |
|
Insurgence by Debauchery
|
0,0001 BTC
10,00 $
|
0.0% | 0.0% | 13.3% |
|
0,00 RON
0 BTC
|
0,0007 BTC
55,38 $
|
6 | ||
| - |
|
Blucamon
|
10,00 BNB
7.184,38 $
|
0.0% | 0.0% | 0.0% |
|
159.809.286 $
222.440 BNB
|
0,064 BNB
45,87 $
|
4 | ||
| - |
|
Apostles of Greed 🟠
|
0,0007 BTC
53,85 $
|
0.0% | 0.0% | 75.0% |
|
149.045 $
1,94 BTC
|
0,0007 BTC
53,85 $
|
1 | ||
| - |
|
FloraForms by Harto X Belvedere
|
0,0007 BTC
53,85 $
|
0.0% | 11.4% | 7.8% |
|
538.459 $
7,00 BTC
|
0,0007 BTC
53,85 $
|
1 | ||
| - |
|
Runelings
|
0,0003 BTC
26,92 $
|
0.0% | 2.8% | 10.3% |
|
0,00 RON
0 BTC
|
0,0007 BTC
53,83 $
|
2 | ||
| - |
|
Prophets
|
0,28 SOL
28,26 $
|
8.7% | 19.1% | 44.4% |
|
31.364 $
310,77 SOL
|
0,45 SOL
45,21 $
|
2 | ||
| - |
|
Bricktopians by Law Degree
|
0,040 ETH
99,11 $
|
0.0% | 39.9% | 15.9% |
|
825.032 $
332,96 ETH
|
0,018 ETH
44,85 $
|
1 | ||
| - |
|
Mobox Avatar - Binance NFT
|
1,00 BNB
718,44 $
|
0.0% | 0.0% | 696.1% |
|
36.886.029 $
51.342 BNB
|
0,062 BNB
44,46 $
|
4 | ||
| - |
|
Gambulls
|
0,38 SOL
38,50 $
|
4.2% | 24.9% | 51.0% |
|
128.783 $
1.276 SOL
|
0,44 SOL
44,41 $
|
1 | ||
| - |
|
Froganas
|
Cumpărare
|
0,51 SOL
51,47 $
|
12.2% | 31.8% | 10.4% |
|
285.921 $
2.833 SOL
|
0,43 SOL
43,24 $
|
1 | |
| - |
|
SPACE ID Badges
|
0,020 BNB
14,37 $
|
0.0% | 0.0% | 25.0% |
|
570.842 $
794,56 BNB
|
0,059 BNB
42,49 $
|
5 | ||
| - |
|
The Meta Key
|
0,008 ETH
19,72 $
|
0.3% | 17.9% | 40.8% |
|
192.150 $
77,55 ETH
|
0,017 ETH
42,37 $
|
3 | ||
| - |
|
Bitcoin Weirdos
|
0,0006 BTC
49,99 $
|
0.0% | 21.5% | 195.4% |
|
0,00 RON
0 BTC
|
0,0006 BTC
49,99 $
|
1 | ||
| - |
|
Lil Chillers
|
0,41 SOL
41,86 $
|
4.4% | 17.3% | 46.9% |
|
139.593 $
1.383 SOL
|
0,42 SOL
41,91 $
|
1 | ||
| - |
|
tiny dinos (eth)
|
0,016 ETH
40,36 $
|
66.2% | 62.9% | 0.0% |
|
338.618 $
136,66 ETH
|
0,016 ETH
40,87 $
|
2 | ||
| - |
|
Commoners
|
0,0006 BTC
48,45 $
|
0.0% | 0.0% | 34.0% |
|
484.536 $
6,30 BTC
|
0,0006 BTC
47,69 $
|
1 | ||
| - |
|
Honey Badgers
|
0,0008 BTC
65,38 $
|
0.0% | 21.4% | 6.2% |
|
653.835 $
8,50 BTC
|
0,0006 BTC
47,53 $
|
1 | ||
| - |
|
GOATS
|
0,16 SOL
15,86 $
|
16.5% | 34.5% | 45.2% |
|
22.525 $
223,19 SOL
|
0,39 SOL
39,66 $
|
3 | ||
| - |
|
Robinhood Kitties
|
0,012 ETH
30,73 $
|
37.1% | 11.4% | 65.2% |
|
60.437 $
24,39 ETH
|
0,016 ETH
39,32 $
|
2 | ||
| - |
|
Full Moon Ordinals
|
0,001 BTC
100,00 $
|
9.2% | 9.2% | 0.0% |
|
200.899 $
2,61 BTC
|
0,0006 BTC
46,47 $
|
1 | ||
| - |
|
Voxels (formerly Cryptovoxels)
|
0,017 ETH
43,35 $
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11.1% | 25.4% | 67.0% |
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350.248 $
141,35 ETH
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0,016 ETH
39,03 $
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1 | ||
| - |
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Open Campus Genesis Collection
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19,98 BNB
14.354,39 $
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0.0% | 0.0% | 15805.4% |
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28.709 $
39,96 BNB
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0,053 BNB
38,33 $
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1 | ||
| - |
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SolCity
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0,42 SOL
42,26 $
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0.6% | 17.3% | 5.6% |
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105.902 $
1.049 SOL
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0,38 SOL
38,35 $
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1 | ||
| - |
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INK
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0,0006 BTC
45,22 $
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0.0% | 17.6% | 22.7% |
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452.228 $
5,88 BTC
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0,0006 BTC
45,38 $
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1 | ||
| - |
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Drifters: Masterwork
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0,39 SOL
38,86 $
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4.2% | 5.3% | 28.6% |
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324.561 $
3.216 SOL
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0,38 SOL
38,13 $
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1 | ||
| - |
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GigaBuds
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0,048 SOL
4,86 $
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19.6% | 46.9% | 42.8% |
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48.595 $
481,50 SOL
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0,38 SOL
37,93 $
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8 | ||
| - |
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HV-MTL
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0,025 ETH
61,45 $
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0.0% | 0.0% | 25.5% |
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1.743.126 $
703,48 ETH
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0,015 ETH
37,68 $
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1 | ||
| - |
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onchain gaias
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0,020 ETH
49,17 $
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0.0% | 40.4% | 25.9% |
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273.197 $
110,25 ETH
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0,015 ETH
37,66 $
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1 | ||
| - |
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The Plooshies
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0,016 ETH
38,70 $
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6.5% | 29.0% | 16.0% |
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129.002 $
52,06 ETH
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0,015 ETH
37,59 $
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1 | ||
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 de date 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.