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 |
Pudgy Penguins
Ethereum
|
Kaufen
|
11,80 ETH
40.378 $
|
15.0% |
104.878 ETH
358.876.114 $
|
674,14 ETH
2.306.791 $
|
59 | 0.2% | |||
2 |
Bored Ape Yacht Club
Ethereum
|
Kaufen
|
10,15 ETH
34.724 $
|
0.8% |
101.470 ETH
347.168.672 $
|
416,62 ETH
1.425.408 $
|
41 | 0.1% | |||
3 |
Lil Pudgys
Ethereum
|
1,02 ETH
3.496,32 $
|
13.6% |
22.144 ETH
75.758.303 $
|
303,86 ETH
1.039.522 $
|
297 | 0.1% | ||||
4 |
Azuki
Ethereum
|
Kaufen
|
3,85 ETH
13.174,05 $
|
12.2% |
38.500 ETH
131.740.477 $
|
154,94 ETH
530.170 $
|
36 | 0.0% | |||
5 |
Milady Maker
Ethereum
|
Kaufen
|
5,39 ETH
18.455,64 $
|
1.8% |
53.816 ETH
184.150.407 $
|
136,41 ETH
466.769 $
|
25 | 0.1% | |||
6 |
Mutant Ape Yacht Club
Ethereum
|
Kaufen
|
1,83 ETH
6.276,56 $
|
0.8% |
35.765 ETH
122.367.863 $
|
124,53 ETH
426.083 $
|
69 | 0.0% | |||
7 |
Froganas
Solana
|
Kaufen
|
1,48 SOL
227,46 $
|
10.6% |
8.216 SOL
1.263.564 $
|
1.936 SOL
297.681 $
|
1.168 | 1.0% | |||
8 |
Solana Monkey Business
Solana
|
Kaufen
|
26,62 SOL
4.106,60 $
|
0.0% |
132.914 SOL
20.504.232 $
|
1.841 SOL
283.979 $
|
59 | 0.2% | |||
9 |
Mocaverse
Ethereum
|
3,69 ETH
12.621,59 $
|
2.9% |
32.797 ETH
112.180.698 $
|
78,62 ETH
268.933 $
|
22 | 0.1% | ||||
10 |
Captainz
Ethereum
|
2,94 ETH
10.064,85 $
|
0.5% |
29.417 ETH
100.638.465 $
|
70,85 ETH
242.370 $
|
22 | 0.0% | ||||
11 |
Moonbirds
Ethereum
|
Kaufen
|
0,32 ETH
1.091,43 $
|
11.9% |
3.190 ETH
10.914.273 $
|
63,54 ETH
217.393 $
|
202 | 0.3% | |||
12 |
Sensei
Solana
|
4,89 SOL
752,28 $
|
0.0% |
16.296 SOL
2.507.341 $
|
1.322 SOL
203.386 $
|
277 | 0.0% | ||||
13 |
WHAT THE FFFF
Ethereum
|
0,011 ETH
37,58 $
|
0.0% |
11,00 ETH
37.577 $
|
59,34 ETH
202.697 $
|
- | 0.0% | ||||
14 |
Kanpai Pandas
Ethereum
|
1,31 ETH
4.497,09 $
|
11.8% |
10.497 ETH
35.904.757 $
|
44,44 ETH
152.018 $
|
24 | 0.1% | ||||
15 |
Pirate Nation - Founder's Pirates
Ethereum
|
1,09 ETH
3.727,96 $
|
4.1% |
10.896 ETH
37.275.913 $
|
41,82 ETH
143.077 $
|
36 | 0.4% | ||||
16 |
NodeMonkes
Bitcoin
|
0,18 BTC
10.973,02 $
|
5.4% |
1.769 BTC
109.730.213 $
|
2,17 BTC
134.809 $
|
12 | 0.0% | ||||
17 |
Bitcoin Frogs
Bitcoin
|
0,049 BTC
3.065,47 $
|
7.5% |
493,99 BTC
30.654.707 $
|
2,15 BTC
133.451 $
|
46 | 0.1% | ||||
18 |
Mad Lads
Solana
|
83,81 SOL
12.960,92 $
|
9.7% |
835.222 SOL
129.168.501 $
|
818,95 SOL
126.652 $
|
9 | 0.4% | ||||
19 |
Redacted Remilio Babies
Ethereum
|
1,55 ETH
5.300,42 $
|
2.0% |
15.487 ETH
52.993.551 $
|
36,30 ETH
124.221 $
|
23 | 0.0% | ||||
20 |
Bitcoin Puppets
Bitcoin
|
0,13 BTC
8.346,44 $
|
8.1% |
1.345 BTC
83.472.750 $
|
1,68 BTC
104.158 $
|
12 | 0.1% | ||||
21 |
Quantum Cats
Bitcoin
|
0,25 BTC
15.569,68 $
|
4.3% |
836,25 BTC
51.893.742 $
|
1,53 BTC
94.774 $
|
6 | 0.0% | ||||
22 |
CryptoPunks
Ethereum
|
Kaufen
|
27,99 ETH
95.756 $
|
1.7% |
279.732 ETH
956.989.142 $
|
26,25 ETH
89.804 $
|
1 | 0.0% | |||
23 |
MATR1X KUKU
Ethereum
|
1,14 ETH
3.900,40 $
|
3.7% |
7.599 ETH
26.000.057 $
|
22,97 ETH
78.575 $
|
21 | 0.0% | ||||
24 |
Pixels - Farm Land
Ethereum
|
0,94 ETH
3.223,02 $
|
4.9% |
4.710 ETH
16.115.111 $
|
21,15 ETH
72.356 $
|
19 | 0.2% | ||||
25 |
GigaBuds
Solana
|
2,04 SOL
315,09 $
|
4.5% |
20.425 SOL
3.150.910 $
|
433,84 SOL
66.928 $
|
209 | 0.0% | ||||
26 |
Orbit By Jiannan Huang
Ethereum
|
3,30 ETH
11.276,65 $
|
0.0% |
0 ETH
0,00 €
|
17,72 ETH
60.552 $
|
5 | 0.3% | ||||
27 |
Yogapetz
Ethereum
|
0,21 ETH
701,48 $
|
33.9% |
2.069 ETH
7.081.393 $
|
17,59 ETH
60.201 $
|
70 | 0.1% | ||||
28 |
Runestone
Bitcoin
|
0,012 BTC
727,62 $
|
4.5% |
1.318 BTC
81.784.914 $
|
0,96 BTC
59.285 $
|
80 | 0.1% | ||||
29 |
Blastin Pepes
Blast
|
0,070 ETH
240,39 $
|
0.3% |
387,14 ETH
1.323.812 $
|
17,16 ETH
58.671 $
|
- | 1.2% | ||||
30 |
Azuki Elementals
Ethereum
|
0,37 ETH
1.262,38 $
|
5.7% |
5.964 ETH
20.403.896 $
|
16,79 ETH
57.441 $
|
41 | 0.1% | ||||
31 |
DeGods (Solana)
Solana
|
20,00 SOL
3.084,39 $
|
7.8% |
78.570 SOL
12.115.502 $
|
341,18 SOL
52.610 $
|
15 | 0.0% | ||||
32 |
Lifinity Flares
Solana
|
6,30 SOL
974,24 $
|
29.2% |
59.846 SOL
9.255.263 $
|
328,13 SOL
50.746 $
|
35 | 0.2% | ||||
33 |
Frogets
Solana
|
0,26 SOL
39,60 $
|
0.0% |
461,17 SOL
71.090 $
|
322,23 SOL
49.672 $
|
1.068 | 0.0% | ||||
34 |
DeGods
Ethereum
|
Kaufen
|
0,89 ETH
3.027,94 $
|
1.6% |
7.956 ETH
27.221.190 $
|
14,25 ETH
48.770 $
|
16 | 0.1% | |||
35 |
Pixelmon
Ethereum
|
0,44 ETH
1.502,10 $
|
9.7% |
5.516 ETH
18.875.449 $
|
14,09 ETH
48.211 $
|
27 | 0.2% | ||||
36 |
Muraqqa
Ethereum
|
4,50 ETH
15.376,31 $
|
12.8% |
499,50 ETH
1.706.770 $
|
12,79 ETH
43.703 $
|
4 | 3.8% | ||||
37 |
Nakamigos
Ethereum
|
0,098 ETH
333,63 $
|
28.8% |
1.943 ETH
6.648.882 $
|
12,60 ETH
43.131 $
|
116 | 0.1% | ||||
38 |
Clone X
Ethereum
|
0,41 ETH
1.392,38 $
|
0.5% |
7.977 ETH
27.290.736 $
|
12,55 ETH
42.937 $
|
25 | 0.1% | ||||
39 |
Ninja Squad Official
Ethereum
|
0,11 ETH
370,84 $
|
0.6% |
963,34 ETH
3.295.681 $
|
11,99 ETH
41.028 $
|
12 | 0.0% | ||||
40 |
Doodles
Ethereum
|
Kaufen
|
1,51 ETH
5.165,98 $
|
0.7% |
15.096 ETH
51.649.422 $
|
11,70 ETH
40.040 $
|
8 | 0.1% | |||
41 |
Sword of Grandia
Ethereum
|
0,78 ETH
2.667,51 $
|
81.4% |
390,00 ETH
1.333.755 $
|
11,01 ETH
37.646 $
|
20 | 0.4% | ||||
42 |
Urban Node
Solana
|
271,13 SOL
41.785 $
|
0.0% |
23.859 SOL
3.677.077 $
|
241,00 SOL
37.142 $
|
1 | 0.0% | ||||
43 |
Portals
Solana
|
7,13 SOL
1.099,93 $
|
3.3% |
35.643 SOL
5.498.529 $
|
235,91 SOL
36.394 $
|
9 | 0.0% | ||||
44 |
The Backwoods
Solana
|
2,86 SOL
442,89 $
|
2.2% |
19.090 SOL
2.952.300 $
|
229,45 SOL
35.485 $
|
69 | 0.0% | ||||
45 |
Retardio Cousins
Solana
|
8,79 SOL
1.355,31 $
|
11.5% |
39.046 SOL
6.022.983 $
|
223,47 SOL
34.471 $
|
26 | 0.0% | ||||
46 |
OnChainShiba
Ethereum
|
0,012 ETH
42,03 $
|
0.7% |
36,90 ETH
126.086 $
|
10,00 ETH
34.170 $
|
1 | 0.0% | ||||
47 |
Ship
Blast
|
0,074 ETH
252,58 $
|
22.1% |
224,46 ETH
767.327 $
|
9,51 ETH
32.513 $
|
- | 0.2% | ||||
48 |
Tensorians
Solana
|
14,13 SOL
2.185,23 $
|
2.6% |
125.305 SOL
19.378.612 $
|
189,91 SOL
29.370 $
|
13 | 0.2% | ||||
49 |
Blast-Man
Blast
|
0,15 ETH
502,73 $
|
0.1% |
489,95 ETH
1.675.595 $
|
8,55 ETH
29.240 $
|
- | 0.0% | ||||
50 |
Persona
Ethereum
|
0,17 ETH
593,00 $
|
6.3% |
1.538 ETH
5.262.904 $
|
8,54 ETH
29.217 $
|
48 | 0.1% | ||||
51 |
alignDRAW
Ethereum
|
1,25 ETH
4.277,29 $
|
52.6% |
3.386 ETH
11.587.174 $
|
8,04 ETH
27.520 $
|
10 | 0.0% | ||||
52 |
Bonkler
Ethereum
|
23,23 ETH
79.458 $
|
190.4% |
2.602 ETH
8.899.282 $
|
8,00 ETH
27.364 $
|
1 | 0.0% | ||||
53 |
Bad Kids
Stargaze
|
179.400 STARS
2.149,03 $
|
5.1% |
1.793.282.400 STARS
21.481.733 $
|
2.251.563 STARS
26.971 $
|
13 | 0.1% | ||||
54 |
The Potatoz
Ethereum
|
1,90 ETH
6.489,81 $
|
2.4% |
18.968 ETH
64.891.627 $
|
7,36 ETH
25.172 $
|
4 | 0.1% | ||||
55 |
Celestine Sloth Society
Stargaze
|
370.000 STARS
4.432,23 $
|
3.4% |
925.000.000 STARS
11.080.576 $
|
2.073.004 STARS
24.833 $
|
6 | 0.0% | ||||
56 |
Namaste
Solana
|
6,15 SOL
947,66 $
|
0.0% |
6.788 SOL
1.046.215 $
|
154,12 SOL
23.752 $
|
29 | 0.0% | ||||
57 |
BTC Machines
Bitcoin
|
0,13 BTC
8.272,71 $
|
12.0% |
103,57 BTC
6.427.899 $
|
0,38 BTC
23.552 $
|
3 | 0.0% | ||||
58 |
Async Blueprints
Ethereum
|
0,010 ETH
34,13 $
|
0.1% |
241,98 ETH
826.810 $
|
6,55 ETH
22.381 $
|
6 | 0.0% | ||||
59 |
Gutter Cat Gang
Ethereum
|
0,18 ETH
615,78 $
|
24.9% |
540,61 ETH
1.847.341 $
|
6,54 ETH
22.341 $
|
33 | 0.2% | ||||
60 |
The Mounts of Seedworld
Ethereum
|
0,47 ETH
1.604,64 $
|
11.7% |
1.459 ETH
4.990.423 $
|
6,49 ETH
22.190 $
|
14 | 0.3% | ||||
61 |
Kanpai Pandas Infinity Collection
Ethereum
|
5,29 ETH
18.099,22 $
|
16.7% |
1.323 ETH
4.524.805 $
|
6,35 ETH
21.732 $
|
1 | 0.6% | ||||
62 |
Meridian by Matt DesLauriers
Ethereum
|
4,10 ETH
14.026,48 $
|
39.0% |
4.100 ETH
14.026.478 $
|
6,20 ETH
21.211 $
|
2 | 0.2% | ||||
63 |
Skyborne - NexianGems
Ethereum
|
0,80 ETH
2.733,90 $
|
2.7% |
2.663 ETH
9.112.086 $
|
6,16 ETH
21.077 $
|
8 | 0.4% | ||||
64 |
Claynosaurz
Solana
|
14,78 SOL
2.280,07 $
|
49.3% |
147.800 SOL
22.800.708 $
|
135,03 SOL
20.830 $
|
8 | 0.2% | ||||
65 |
Bored Ape Chemistry Club
Ethereum
|
6,00 ETH
20.503 $
|
0.0% |
18,00 ETH
61.509 $
|
6,00 ETH
20.503 $
|
1 | 0.4% | ||||
66 |
Sproto Gremlins
Ethereum
|
0,65 ETH
2.217,66 $
|
1.8% |
2.158 ETH
7.384.800 $
|
5,99 ETH
20.492 $
|
10 | 0.3% | ||||
67 |
BEANZ Official
Ethereum
|
0,23 ETH
777,99 $
|
11.5% |
4.536 ETH
15.520.954 $
|
5,87 ETH
20.099 $
|
27 | 0.1% | ||||
68 |
Jira Fusion
Ethereum
|
0,76 ETH
2.594,74 $
|
8.0% |
688,41 ETH
2.353.433 $
|
5,87 ETH
20.068 $
|
8 | 0.4% | ||||
69 |
E4C Ranger Gold Edition
Ethereum
|
0,23 ETH
786,02 $
|
4.5% |
170,89 ETH
584.011 $
|
5,83 ETH
19.923,48 $
|
39 | 0.5% | ||||
70 |
BEEPLE - SPRING/SUMMER COLLECTION 2021
Ethereum
|
9,75 ETH
33.363 $
|
77.3% |
4.982 ETH
17.048.415 $
|
5,68 ETH
19.436,00 $
|
1 | 0.0% | ||||
71 |
Mutantmon
Solana
|
0,97 SOL
149,70 $
|
3.8% |
9.739 SOL
1.496.290 $
|
126,14 SOL
19.380,32 $
|
154 | 0.0% | ||||
72 |
Pudgy Rods
Ethereum
|
0,28 ETH
957,21 $
|
16.6% |
2.069 ETH
7.078.603 $
|
5,45 ETH
18.659,89 $
|
20 | 0.2% | ||||
73 |
Blob
Bitcoin
|
0,026 BTC
1.638,24 $
|
3.3% |
264,00 BTC
16.382.418 $
|
0,29 BTC
18.170,35 $
|
11 | 0.3% | ||||
74 |
Worldwide Webb Land
Ethereum
|
0,20 ETH
668,82 $
|
3.5% |
1.859 ETH
6.359.174 $
|
5,28 ETH
18.074,28 $
|
14 | 0.1% | ||||
75 |
Otherdeed for Otherside
Ethereum
|
Kaufen
|
0,15 ETH
509,81 $
|
3.8% |
7.035 ETH
24.073.818 $
|
5,12 ETH
17.526,58 $
|
23 | 0.0% | |||
76 |
Emby
Ethereum
|
0,24 ETH
837,48 $
|
0.0% |
673,70 ETH
2.303.075 $
|
5,10 ETH
17.417,96 $
|
20 | 0.1% | ||||
77 |
Bit Bears by Berachain
Ethereum
|
2,90 ETH
9.915,97 $
|
0.0% |
6.613 ETH
22.618.327 $
|
5,02 ETH
17.179,39 $
|
2 | 0.0% | ||||
78 |
Valhalla
Ethereum
|
0,15 ETH
496,17 $
|
57.6% |
1.305 ETH
4.465.489 $
|
4,79 ETH
16.387,69 $
|
46 | 0.2% | ||||
79 |
Bored Ape Kennel Club
Ethereum
|
0,35 ETH
1.194,07 $
|
5.5% |
3.351 ETH
11.465.455 $
|
4,71 ETH
16.131,22 $
|
14 | 0.0% | ||||
80 |
GGSG: Galactic Geckos
Solana
|
17,40 SOL
2.683,07 $
|
2.4% |
174.000 SOL
26.830.687 $
|
101,37 SOL
15.631,04 $
|
5 | 0.1% | ||||
81 |
Sappy Seals
Ethereum
|
0,46 ETH
1.581,83 $
|
1.6% |
4.622 ETH
15.813.547 $
|
4,54 ETH
15.534,29 $
|
10 | 0.1% | ||||
82 |
Terraforms by Mathcastles
Ethereum
|
Kaufen
|
0,59 ETH
2.012,00 $
|
1.6% |
5.828 ETH
19.940.953 $
|
4,54 ETH
15.528,27 $
|
7 | 0.1% | |||
83 |
NeoTokyo Citizens
Ethereum
|
19,50 ETH
66.626 $
|
0.0% |
37.655 ETH
128.655.186 $
|
4,50 ETH
15.358,19 $
|
1 | 0.3% | ||||
84 |
Neo Tokyo Citizen V2
Ethereum
|
19,50 ETH
66.626 $
|
0.0% |
37.655 ETH
128.655.186 $
|
4,50 ETH
15.358,19 $
|
1 | 0.3% | ||||
85 |
ENS: Ethereum Name Service
Ethereum
|
0,0006 ETH
2,05 $
|
13.0% |
1.852 ETH
6.337.618 $
|
4,38 ETH
14.972,61 $
|
56 | 0.0% | ||||
86 |
Bad Egg Co
Ethereum
|
0,34 ETH
1.145,33 $
|
2.0% |
502,50 ETH
1.717.997 $
|
4,37 ETH
14.940,25 $
|
13 | 0.7% | ||||
87 |
Tennis Champs Genesis
Ethereum
|
0,18 ETH
615,57 $
|
50.1% |
599,94 ETH
2.051.708 $
|
4,13 ETH
14.114,32 $
|
29 | 0.5% | ||||
88 |
Hedz by Matt Furie
Ethereum
|
2,07 ETH
7.076,98 $
|
37.9% |
2.069 ETH
7.076.984 $
|
4,00 ETH
13.681,94 $
|
2 | 0.4% | ||||
89 |
Heurist Imaginaries
Ethereum
|
1,33 ETH
4.545,80 $
|
10.8% |
457,52 ETH
1.563.757 $
|
4,00 ETH
13.671,59 $
|
4 | 0.9% | ||||
90 |
Pizza Ninjas
Bitcoin
|
0,10 BTC
6.274,35 $
|
1.8% |
151,65 BTC
9.411.531 $
|
0,22 BTC
13.578,92 $
|
2 | 0.1% | ||||
91 |
RG Bytes
Ethereum
|
0,33 ETH
1.129,20 $
|
2.8% |
1.650 ETH
5.644.891 $
|
3,95 ETH
13.512,46 $
|
12 | 0.1% | ||||
92 |
Ordinal Maxi Biz (OMB)
Bitcoin
|
0,22 BTC
13.343,22 $
|
2.3% |
451,50 BTC
28.020.767 $
|
0,22 BTC
13.343,22 $
|
1 | 0.1% | ||||
93 |
SOLS SPL20
Solana
|
2,47 SOL
380,49 $
|
3.7% |
51.776 SOL
7.987.268 $
|
85,92 SOL
13.253,97 $
|
38 | 0.0% | ||||
94 |
Taiyo Robotics
Solana
|
9,78 SOL
1.508,07 $
|
34.0% |
20.743 SOL
3.198.619 $
|
84,77 SOL
13.072,03 $
|
11 | 0.4% | ||||
95 |
mfers
Ethereum
|
0,24 ETH
813,71 $
|
2.7% |
2.383 ETH
8.152.574 $
|
3,77 ETH
12.915,70 $
|
7 | 0.0% | ||||
96 |
The Memes by 6529
Ethereum
|
0,017 ETH
59,12 $
|
1.2% |
3,10 ETH
10.582,25 $
|
3,75 ETH
12.820,90 $
|
22 | 0.0% | ||||
97 |
Plutocats
Blast
|
1,24 ETH
4.256,76 $
|
0.0% |
1.735 ETH
5.938.176 $
|
3,69 ETH
12.626,55 $
|
- | 1.9% | ||||
98 |
Genuine Undead
Ethereum
|
0,079 ETH
270,17 $
|
16.2% |
789,68 ETH
2.700.581 $
|
3,65 ETH
12.485,79 $
|
46 | 0.2% | ||||
99 |
Probably Nothing Genesis
Ethereum
|
0,028 ETH
95,01 $
|
40.4% |
213,34 ETH
729.070 $
|
3,64 ETH
12.433,03 $
|
99 | 0.2% | ||||
100 |
CryptoPunks V1 (wrapped)
Ethereum
|
1,93 ETH
6.604,13 $
|
0.0% |
9.561 ETH
32.716.875 $
|
3,62 ETH
12.387,03 $
|
2 | 0.1% |
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 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.