Die Preise wichtigsten NFT-Sammlungen, geordnet nach 24-Stunden-Handelsvolumen
# | NFT | Grundpreis | 24h% | Letzte 7 Tage | Marktkap | 24-Stunden-Volumen | 24h Verkäufe | 24h Inhaber | |||
---|---|---|---|---|---|---|---|---|---|---|---|
1 |
Bored Ape Yacht Club
Ethereum
|
Kaufen
|
12,83 ETH
38.032 $
|
0.4% |
128.274 ETH
380.240.931 $
|
883,27 ETH
2.618.258 $
|
69 | 0.1% | |||
2 |
Azuki
Ethereum
|
Kaufen
|
5,02 ETH
14.874,19 $
|
6.7% |
50.190 ETH
148.741.884 $
|
473,47 ETH
1.403.163 $
|
76 | 0.1% | |||
3 |
Mutant Ape Yacht Club
Ethereum
|
Kaufen
|
2,22 ETH
6.580,40 $
|
13.6% |
43.273 ETH
128.271.794 $
|
359,17 ETH
1.064.671 $
|
153 | 0.2% | |||
4 |
NodeMonkes
Bitcoin
|
0,34 BTC
19.901,19 $
|
14.6% |
3.439 BTC
199.011.879 $
|
13,59 BTC
786.673 $
|
40 | 8.1% | ||||
5 |
Froganas
Solana
|
1,93 SOL
257,77 $
|
3.8% |
10.745 SOL
1.431.934 $
|
5.109 SOL
680.850 $
|
2.640 | 0.9% | ||||
6 |
Bitcoin Puppets
Bitcoin
|
0,26 BTC
15.045,39 $
|
0.0% |
2.600 BTC
150.468.952 $
|
11,04 BTC
638.826 $
|
44 | 0.2% | ||||
7 |
L3E7 Worlds
Ethereum
|
4,90 ETH
14.524,91 $
|
4.5% |
2.940 ETH
8.714.945 $
|
158,44 ETH
469.657 $
|
33 | 0.3% | ||||
8 |
Redacted Remilio Babies
Ethereum
|
1,42 ETH
4.206,31 $
|
12.0% |
14.187 ETH
42.054.706 $
|
148,22 ETH
439.353 $
|
100 | 0.1% | ||||
9 |
Clone X
Ethereum
|
0,50 ETH
1.479,18 $
|
4.0% |
9.778 ETH
28.984.438 $
|
125,72 ETH
372.673 $
|
235 | 0.0% | ||||
10 |
Pudgy Penguins
Ethereum
|
10,50 ETH
31.122 $
|
7.8% |
93.315 ETH
276.612.000 $
|
118,02 ETH
349.838 $
|
11 | 0.0% | ||||
11 |
Azuki Elementals
Ethereum
|
0,44 ETH
1.300,43 $
|
5.0% |
6.974 ETH
20.672.923 $
|
117,87 ETH
349.399 $
|
256 | 0.1% | ||||
12 |
DeGods
Ethereum
|
Kaufen
|
1,75 ETH
5.187,49 $
|
14.2% |
15.732 ETH
46.635.517 $
|
116,17 ETH
344.363 $
|
70 | 0.3% | |||
13 |
Solana Monkey Business
Solana
|
36,21 SOL
4.836,80 $
|
2.1% |
180.797 SOL
24.150.118 $
|
2.399 SOL
320.484 $
|
60 | 0.4% | ||||
14 |
Milady Maker
Ethereum
|
Kaufen
|
4,52 ETH
13.395,37 $
|
3.6% |
45.101 ETH
133.658.994 $
|
89,65 ETH
265.684 $
|
20 | 0.2% | |||
15 |
CryptoPunks
Ethereum
|
Kaufen
|
36,00 ETH
106.689 $
|
0.0% |
359.784 ETH
1.066.247.684 $
|
77,00 ETH
228.195 $
|
2 | 0.0% | |||
16 |
Lasogette
Ethereum
|
0,42 ETH
1.256,56 $
|
14.7% |
3.283 ETH
9.729.519 $
|
75,42 ETH
223.503 $
|
186 | 0.5% | ||||
17 |
BEANZ Official
Ethereum
|
0,29 ETH
859,34 $
|
2.1% |
5.784 ETH
17.143.922 $
|
73,09 ETH
216.659 $
|
229 | 0.3% | ||||
18 |
Forked Nouns
Ethereum
|
36,75 ETH
108.911 $
|
0.7% |
17.346 ETH
51.406.211 $
|
71,00 ETH
210.414 $
|
2 | 0.0% | ||||
19 |
Mad Lads
Solana
|
89,48 SOL
11.951,73 $
|
1.1% |
891.708 SOL
119.110.971 $
|
1.470 SOL
196.351 $
|
14 | 0.1% | ||||
20 |
WHAT THE FFFF
Ethereum
|
0,011 ETH
32,64 $
|
0.0% |
11,00 ETH
32.638 $
|
59,34 ETH
176.054 $
|
- | 0.0% | ||||
21 |
Rune Pups
Bitcoin
|
0,067 BTC
3.901,93 $
|
0.9% |
726,73 BTC
42.055.054 $
|
2,95 BTC
170.707 $
|
45 | 0.2% | ||||
22 |
RSIC METAPROTOCOL
Bitcoin
|
0,040 BTC
2.337,91 $
|
13.3% |
848,40 BTC
49.096.143 $
|
2,90 BTC
167.730 $
|
61 | 0.2% | ||||
23 |
Lil Pudgys
Ethereum
|
0,90 ETH
2.658,96 $
|
3.4% |
19.425 ETH
57.579.741 $
|
54,65 ETH
161.991 $
|
59 | 0.0% | ||||
24 |
Doodles
Ethereum
|
1,33 ETH
3.941,56 $
|
6.9% |
13.297 ETH
39.407.695 $
|
53,30 ETH
157.952 $
|
39 | 0.0% | ||||
25 |
Captainz
Ethereum
|
3,05 ETH
9.038,91 $
|
3.3% |
30.497 ETH
90.380.068 $
|
50,88 ETH
150.784 $
|
15 | 0.1% | ||||
26 |
Mocaverse
Ethereum
|
4,09 ETH
12.120,14 $
|
6.5% |
36.349 ETH
107.723.822 $
|
50,55 ETH
149.802 $
|
13 | 0.3% | ||||
27 |
Sappy Seals
Ethereum
|
0,57 ETH
1.677,78 $
|
16.6% |
5.658 ETH
16.772.786 $
|
49,74 ETH
147.449 $
|
83 | 1.0% | ||||
28 |
Quantum Cats
Bitcoin
|
0,35 BTC
19.965,95 $
|
6.8% |
1.150 BTC
66.546.508 $
|
2,47 BTC
143.178 $
|
7 | 0.0% | ||||
29 |
Moonbirds
Ethereum
|
0,68 ETH
2.006,34 $
|
1.3% |
6.770 ETH
20.063.415 $
|
41,80 ETH
123.882 $
|
60 | 0.0% | ||||
30 |
Fidenza by Tyler Hobbs
Ethereum
|
45,69 ETH
135.406 $
|
0.0% |
45.644 ETH
135.270.440 $
|
40,00 ETH
118.543 $
|
1 | 0.0% | ||||
31 |
Pixels - Farm Land
Ethereum
|
1,45 ETH
4.287,85 $
|
8.9% |
7.234 ETH
21.439.259 $
|
38,52 ETH
114.149 $
|
25 | 0.3% | ||||
32 |
Ultiverse - Electric Sheep
Ethereum
|
0,97 ETH
2.874,95 $
|
0.9% |
6.789 ETH
20.124.632 $
|
33,31 ETH
98.742 $
|
35 | 0.0% | ||||
33 |
Terraforms by Mathcastles
Ethereum
|
0,98 ETH
2.901,34 $
|
4.2% |
9.703 ETH
28.755.202 $
|
32,95 ETH
97.645 $
|
34 | 0.5% | ||||
34 |
Wild Forest Lords
Ronin
|
711,80 RON
1.855,43 $
|
21.9% |
2.135.400 RON
5.566.297 $
|
36.744 RON
95.780 $
|
0 | 3.1% | ||||
35 |
Runestone
Bitcoin
|
0,020 BTC
1.188,85 $
|
18.9% |
2.304 BTC
133.627.058 $
|
1,62 BTC
93.813 $
|
80 | 0.9% | ||||
36 |
SchizoPosters
Ethereum
|
0,58 ETH
1.719,28 $
|
9.4% |
3.221 ETH
9.548.891 $
|
28,70 ETH
85.083 $
|
42 | 0.8% | ||||
37 |
Kanpai Pandas
Ethereum
|
1,57 ETH
4.650,95 $
|
1.9% |
12.494 ETH
37.035.545 $
|
27,48 ETH
81.465 $
|
16 | 0.1% | ||||
38 |
mfers
Ethereum
|
0,39 ETH
1.150,14 $
|
2.3% |
3.887 ETH
11.523.255 $
|
27,09 ETH
80.302 $
|
54 | 0.0% | ||||
39 |
Nobody
Ethereum
|
0,16 ETH
476,51 $
|
5.8% |
1.608 ETH
4.765.136 $
|
26,93 ETH
79.814 $
|
163 | 0.1% | ||||
40 |
Peplicator by Matt Furie
Ethereum
|
0,048 ETH
142,19 $
|
5.9% |
1.059 ETH
3.137.476 $
|
23,26 ETH
68.936 $
|
496 | 0.3% | ||||
41 |
Prometheans
Bitcoin
|
0,015 BTC
839,15 $
|
7.8% |
304,50 BTC
17.622.120 $
|
1,19 BTC
68.804 $
|
80 | 0.0% | ||||
42 |
Honey Comb
Ethereum
|
0,26 ETH
758,86 $
|
13.2% |
4.204 ETH
12.460.406 $
|
22,45 ETH
66.548 $
|
91 | 0.1% | ||||
43 |
Ordinal Maxi Biz (OMB)
Bitcoin
|
0,40 BTC
23.148 $
|
4.8% |
840,00 BTC
48.610.055 $
|
1,02 BTC
58.969 $
|
2 | 0.1% | ||||
44 |
PXQuest Adventurer
Ethereum
|
0,62 ETH
1.823,03 $
|
3.9% |
4.613 ETH
13.672.737 $
|
19,55 ETH
57.961 $
|
31 | 0.5% | ||||
45 |
PX Quest
Ethereum
|
0,62 ETH
1.822,60 $
|
3.9% |
4.613 ETH
13.669.500 $
|
19,55 ETH
57.948 $
|
31 | 0.5% | ||||
46 |
Pizza Ninjas
Bitcoin
|
0,15 BTC
8.391,02 $
|
3.6% |
217,50 BTC
12.586.532 $
|
0,97 BTC
55.954 $
|
6 | 0.0% | ||||
47 |
Bit Bears by Berachain
Ethereum
|
4,13 ETH
12.239,57 $
|
1.0% |
9.412 ETH
27.893.989 $
|
18,45 ETH
54.678 $
|
5 | 0.2% | ||||
48 |
Persona
Ethereum
|
0,23 ETH
681,59 $
|
8.7% |
2.041 ETH
6.049.108 $
|
18,11 ETH
53.663 $
|
76 | 0.1% | ||||
49 |
Chimpers
Ethereum
|
0,21 ETH
621,31 $
|
8.1% |
1.164 ETH
3.451.377 $
|
16,88 ETH
50.045 $
|
81 | 1.3% | ||||
50 |
Wassies by Wassies
Ethereum
|
0,46 ETH
1.352,86 $
|
13.9% |
4.401 ETH
13.047.024 $
|
16,38 ETH
48.542 $
|
34 | 0.1% | ||||
51 |
Candy Collective: Genesis Collection
Ethereum
|
0,46 ETH
1.363,24 $
|
2.1% |
919,78 ETH
2.726.485 $
|
16,02 ETH
47.488 $
|
36 | 0.2% | ||||
52 |
Skyborne - NexianGems
Ethereum
|
0,95 ETH
2.806,51 $
|
4.9% |
3.156 ETH
9.354.090 $
|
15,84 ETH
46.943 $
|
17 | 0.4% | ||||
53 |
KILLABEARS
Ethereum
|
0,48 ETH
1.425,80 $
|
10.6% |
1.603 ETH
4.752.198 $
|
15,59 ETH
46.211 $
|
30 | 0.2% | ||||
54 |
Azuki Elemental Beans
Ethereum
|
0,70 ETH
2.065,02 $
|
2.5% |
3.754 ETH
11.124.266 $
|
15,50 ETH
45.924 $
|
21 | 1.0% | ||||
55 |
Tensorians
Solana
|
13,25 SOL
1.770,12 $
|
1.1% |
117.501 SOL
15.697.445 $
|
331,94 SOL
44.345 $
|
25 | 0.1% | ||||
56 |
Pixelmon
Ethereum
|
1,44 ETH
4.273,48 $
|
5.0% |
18.120 ETH
53.700.493 $
|
14,29 ETH
42.341 $
|
10 | 0.1% | ||||
57 |
Chromie Squiggle by Snowfro
Ethereum
|
5,20 ETH
15.414,25 $
|
0.0% |
51.969 ETH
154.050.022 $
|
14,08 ETH
41.737 $
|
2 | 0.0% | ||||
58 |
Bored Ape Kennel Club
Ethereum
|
0,55 ETH
1.625,52 $
|
5.5% |
5.267 ETH
15.608.235 $
|
13,77 ETH
40.801 $
|
27 | 0.1% | ||||
59 |
Checks
Ethereum
|
0,18 ETH
533,27 $
|
0.1% |
1.026 ETH
3.041.794 $
|
13,15 ETH
38.973 $
|
68 | 0.2% | ||||
60 |
Muraqqa
Ethereum
|
4,50 ETH
13.342,13 $
|
12.8% |
499,50 ETH
1.480.976 $
|
12,79 ETH
37.921 $
|
4 | 3.8% | ||||
61 |
Ninja Squad Official
Ethereum
|
0,17 ETH
503,36 $
|
1.8% |
1.509 ETH
4.473.392 $
|
12,59 ETH
37.318 $
|
51 | 0.2% | ||||
62 |
0N1 Force
Ethereum
|
0,27 ETH
814,88 $
|
1.9% |
2.137 ETH
6.335.671 $
|
12,16 ETH
36.040 $
|
44 | 0.0% | ||||
63 |
Overworld Incarna
Ethereum
|
1,21 ETH
3.585,87 $
|
1.7% |
7.260 ETH
21.515.215 $
|
11,99 ETH
35.543 $
|
10 | 0.1% | ||||
64 |
TOPIA Worlds
Ethereum
|
0,79 ETH
2.341,78 $
|
0.6% |
7.899 ETH
23.415.433 $
|
11,90 ETH
35.275 $
|
7 | 0.3% | ||||
65 |
BEEPLE: EVERYDAYS - THE 2020 COLLECTION
Ethereum
|
12,69 ETH
37.617 $
|
57.8% |
9.149 ETH
27.121.641 $
|
11,89 ETH
35.245 $
|
1 | 0.3% | ||||
66 |
Parallel Avatars
Ethereum
|
0,72 ETH
2.124,59 $
|
1.4% |
7.887 ETH
23.372.566 $
|
11,78 ETH
34.904 $
|
17 | 0.1% | ||||
67 |
Emby
Ethereum
|
0,26 ETH
776,81 $
|
9.3% |
720,50 ETH
2.136.224 $
|
11,77 ETH
34.897 $
|
45 | 0.1% | ||||
68 |
Sproto Gremlins
Ethereum
|
0,27 ETH
797,20 $
|
14.6% |
895,76 ETH
2.654.664 $
|
11,53 ETH
34.160 $
|
40 | 0.2% | ||||
69 |
MATR1X KUKU
Ethereum
|
1,60 ETH
4.741,72 $
|
11.3% |
10.666 ETH
31.608.330 $
|
11,51 ETH
34.114 $
|
8 | 0.2% | ||||
70 |
O.P.I.U.M.
Bitcoin
|
0,33 BTC
19.096,81 $
|
2.7% |
256,41 BTC
14.838.219 $
|
0,56 BTC
32.401 $
|
2 | 0.0% | ||||
71 |
rektguy
Ethereum
|
0,36 ETH
1.081,65 $
|
0.0% |
3.216 ETH
9.533.642 $
|
10,75 ETH
31.853 $
|
28 | 0.1% | ||||
72 |
Blond
Ethereum
|
2,67 ETH
7.927,52 $
|
3.5% |
42,72 ETH
126.840 $
|
10,47 ETH
31.087 $
|
4 | 0.0% | ||||
73 |
Nakamigos
Ethereum
|
0,10 ETH
306,65 $
|
16.4% |
2.062 ETH
6.111.321 $
|
10,06 ETH
29.826 $
|
93 | 0.3% | ||||
74 |
Treeverse Plots
Ethereum
|
0,31 ETH
909,74 $
|
4.5% |
3.198 ETH
9.479.462 $
|
9,97 ETH
29.558 $
|
32 | 0.2% | ||||
75 |
IO: Imaginary Ones
Ethereum
|
1,02 ETH
3.010,70 $
|
1.9% |
9.029 ETH
26.759.085 $
|
9,85 ETH
29.191 $
|
10 | 0.5% | ||||
76 |
sharx by sharky.fi
Solana
|
2,75 SOL
367,33 $
|
0.7% |
27.797 SOL
3.713.018 $
|
212,85 SOL
28.431 $
|
61 | 1.2% | ||||
77 |
Async Blueprints
Ethereum
|
0,007 ETH
20,79 $
|
133.3% |
169,55 ETH
503.612 $
|
9,26 ETH
27.510 $
|
5 | 0.0% | ||||
78 |
My Pet Hooligan
Ethereum
|
0,40 ETH
1.199,95 $
|
1.5% |
3.599 ETH
10.665.151 $
|
9,28 ETH
27.498 $
|
22 | 0.1% | ||||
79 |
Winds of Yawanawa by Yawanawa and Refik Anadol
Ethereum
|
4,40 ETH
13.039,74 $
|
7.6% |
4.400 ETH
13.039.740 $
|
8,51 ETH
25.209 $
|
2 | 0.2% | ||||
80 |
Pixelady Maker
Ethereum
|
0,11 ETH
324,00 $
|
13.2% |
874,07 ETH
2.590.993 $
|
7,93 ETH
23.519 $
|
72 | 0.2% | ||||
81 |
Sugartown Oras
Ethereum
|
0,16 ETH
473,10 $
|
0.6% |
1.057 ETH
3.131.915 $
|
7,92 ETH
23.466 $
|
51 | 0.2% | ||||
82 |
The Grapes
Ethereum
|
0,22 ETH
650,19 $
|
15.4% |
730,91 ETH
2.167.077 $
|
7,90 ETH
23.420 $
|
35 | 0.1% | ||||
83 |
Bitcoin Wizards
Bitcoin
|
0,20 BTC
11.540,49 $
|
18.7% |
266,25 BTC
15.441.175 $
|
0,40 BTC
23.198 $
|
2 | 0.0% | ||||
84 |
CryptoPunks V1 (wrapped)
Ethereum
|
1,98 ETH
5.867,59 $
|
2.6% |
9.787 ETH
29.003.481 $
|
7,62 ETH
22.582 $
|
4 | 0.1% | ||||
85 |
Claynosaurz
Solana
|
13,75 SOL
1.836,67 $
|
0.1% |
137.500 SOL
18.366.731 $
|
168,19 SOL
22.466 $
|
12 | 0.0% | ||||
86 |
Bitcoin Punks
Bitcoin
|
0,023 BTC
1.342,56 $
|
5.5% |
232,00 BTC
13.425.634 $
|
0,39 BTC
22.332 $
|
11 | 0.1% | ||||
87 |
The Potatoz
Ethereum
|
1,90 ETH
5.621,91 $
|
2.4% |
18.968 ETH
56.213.439 $
|
7,36 ETH
21.806 $
|
4 | 0.1% | ||||
88 |
Cool Cats
Ethereum
|
0,42 ETH
1.244,70 $
|
9.3% |
4.186 ETH
12.407.177 $
|
7,12 ETH
21.112 $
|
16 | 0.0% | ||||
89 |
Solcasino.io
Solana
|
17,50 SOL
2.337,58 $
|
2.9% |
87.500 SOL
11.687.920 $
|
157,99 SOL
21.103 $
|
8 | 1.1% | ||||
90 |
Azra Games - The Hopeful
Ethereum
|
1,22 ETH
3.615,56 $
|
0.0% |
6.777 ETH
20.084.460 $
|
6,95 ETH
20.593 $
|
6 | 0.3% | ||||
91 |
Wild Forest Skins
Ronin
|
12,80 RON
33,37 $
|
34.7% |
79.782 RON
207.977 $
|
7.658 RON
19.963,35 $
|
0 | 0.7% | ||||
92 |
Early Retired Cats Club
Ethereum
|
0,40 ETH
1.186,01 $
|
11.2% |
771,81 ETH
2.288.995 $
|
6,73 ETH
19.958,73 $
|
17 | 0.3% | ||||
93 |
Photo Finish PFP Collection
Solana
|
14,61 SOL
1.951,82 $
|
0.1% |
219.180 SOL
29.277.238 $
|
143,91 SOL
19.222,29 $
|
4 | 0.2% | ||||
94 |
Rune Doors
Bitcoin
|
0,005 BTC
306,71 $
|
26.2% |
53,00 BTC
3.067.063 $
|
0,33 BTC
18.875,61 $
|
69 | 0.2% | ||||
95 |
Celestine Sloth Society
Stargaze
|
176.799 STARS
3.319,60 $
|
0.9% |
441.997.500 STARS
8.299.012 $
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1.000.653 STARS
18.788,41 $
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7 | 0.0% | ||||
96 |
OnChainMonkey
Ethereum
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1,08 ETH
3.200,66 $
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8.0% |
10.800 ETH
32.006.605 $
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6,09 ETH
18.053,82 $
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5 | 0.0% | ||||
97 |
Imaginary Rides
Ethereum
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0,098 ETH
290,20 $
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6.8% |
1.360 ETH
4.030.338 $
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5,92 ETH
17.547,24 $
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63 | 0.5% | ||||
98 |
Murakami.Flowers Official
Ethereum
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0,24 ETH
717,36 $
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13.6% |
2.457 ETH
7.283.311 $
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5,83 ETH
17.284,89 $
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25 | 0.1% | ||||
99 |
Natcats
Bitcoin
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0,029 BTC
1.672,42 $
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6.4% |
233,05 BTC
13.486.374 $
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0,30 BTC
17.227,63 $
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10 | 0.0% | ||||
100 |
Uncommon Patterns by Nullish
Bitcoin
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0,49 BTC
28.362 $
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66.1% |
24,50 BTC
1.418.101 $
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0,30 BTC
17.075,09 $
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1 | 0.0% |
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-Daten-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
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.