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 |
Azuki
Ethereum
|
Kaufen
|
5,10 ETH
14.773,42 $
|
4.1% |
51.000 ETH
147.734.160 $
|
895,27 ETH
2.593.377 $
|
159 | 0.3% | |||
2 |
Bored Ape Yacht Club
Ethereum
|
Kaufen
|
12,50 ETH
36.209 $
|
6.7% |
124.975 ETH
362.021.111 $
|
768,37 ETH
2.225.766 $
|
60 | 0.1% | |||
3 |
Mutant Ape Yacht Club
Ethereum
|
Kaufen
|
2,25 ETH
6.517,88 $
|
11.1% |
43.859 ETH
127.053.118 $
|
363,73 ETH
1.053.679 $
|
148 | 0.1% | |||
4 |
CryptoPunks
Ethereum
|
Kaufen
|
36,00 ETH
104.283 $
|
0.0% |
359.784 ETH
1.042.203.668 $
|
209,03 ETH
605.507 $
|
5 | 0.0% | |||
5 |
Froganas
Solana
|
1,93 SOL
236,79 $
|
4.4% |
10.732 SOL
1.315.356 $
|
4.580 SOL
561.296 $
|
2.386 | 0.6% | ||||
6 |
Milady Maker
Ethereum
|
Kaufen
|
4,60 ETH
13.333,73 $
|
2.6% |
45.929 ETH
133.043.950 $
|
185,98 ETH
538.733 $
|
42 | 0.1% | |||
7 |
Azuki Elementals
Ethereum
|
0,43 ETH
1.242,74 $
|
0.0% |
6.813 ETH
19.734.763 $
|
170,50 ETH
493.919 $
|
343 | 0.4% | ||||
8 |
Bitcoin Puppets
Bitcoin
|
0,24 BTC
13.863,58 $
|
12.8% |
2.400 BTC
138.649.647 $
|
7,29 BTC
421.147 $
|
28 | 0.1% | ||||
9 |
L3E7 Worlds
Ethereum
|
4,88 ETH
14.123,92 $
|
6.3% |
2.927 ETH
8.474.350 $
|
131,93 ETH
381.928 $
|
27 | 0.6% | ||||
10 |
Clone X
Ethereum
|
0,52 ETH
1.506,31 $
|
5.5% |
10.189 ETH
29.516.127 $
|
131,70 ETH
381.490 $
|
234 | 0.1% | ||||
11 |
NodeMonkes
Bitcoin
|
0,31 BTC
17.907,12 $
|
3.4% |
3.100 BTC
179.071.221 $
|
6,20 BTC
358.428 $
|
18 | 7.6% | ||||
12 |
Pudgy Penguins
Ethereum
|
10,98 ETH
31.782 $
|
3.7% |
97.580 ETH
282.479.663 $
|
122,52 ETH
354.672 $
|
11 | 0.0% | ||||
13 |
Mad Lads
Solana
|
90,40 SOL
11.064,03 $
|
0.0% |
900.926 SOL
110.264.076 $
|
2.539 SOL
310.756 $
|
26 | 0.1% | ||||
14 |
Mocaverse
Ethereum
|
3,78 ETH
10.949,42 $
|
1.5% |
33.596 ETH
97.318.433 $
|
102,20 ETH
296.055 $
|
28 | 0.3% | ||||
15 |
Ordinal Maxi Biz (OMB)
Bitcoin
|
0,42 BTC
24.203 $
|
0.2% |
879,88 BTC
50.826.131 $
|
5,03 BTC
290.774 $
|
11 | 0.1% | ||||
16 |
Lasogette
Ethereum
|
0,39 ETH
1.134,97 $
|
29.5% |
3.035 ETH
8.788.070 $
|
92,62 ETH
268.175 $
|
210 | 0.0% | ||||
17 |
Redacted Remilio Babies
Ethereum
|
1,58 ETH
4.577,00 $
|
6.5% |
15.797 ETH
45.760.878 $
|
90,52 ETH
262.232 $
|
55 | 0.0% | ||||
18 |
Captainz
Ethereum
|
3,10 ETH
8.976,44 $
|
2.6% |
30.985 ETH
89.755.458 $
|
87,38 ETH
253.108 $
|
29 | 0.2% | ||||
19 |
BEANZ Official
Ethereum
|
0,27 ETH
775,37 $
|
1.0% |
5.340 ETH
15.468.683 $
|
86,35 ETH
250.140 $
|
277 | 0.3% | ||||
20 |
RSIC METAPROTOCOL
Bitcoin
|
0,045 BTC
2.595,79 $
|
0.0% |
942,90 BTC
54.511.638 $
|
4,06 BTC
234.504 $
|
80 | 0.2% | ||||
21 |
Rune Pups
Bitcoin
|
0,062 BTC
3.583,81 $
|
13.3% |
668,13 BTC
38.626.327 $
|
3,74 BTC
216.241 $
|
59 | 0.2% | ||||
22 |
Forked Nouns
Ethereum
|
36,75 ETH
106.455 $
|
0.7% |
17.346 ETH
50.246.995 $
|
71,00 ETH
205.669 $
|
2 | 0.0% | ||||
23 |
DeGods
Ethereum
|
Kaufen
|
1,56 ETH
4.516,03 $
|
0.3% |
14.015 ETH
40.599.088 $
|
69,61 ETH
201.631 $
|
44 | 0.0% | |||
24 |
Lil Pudgys
Ethereum
|
0,91 ETH
2.647,63 $
|
4.0% |
19.793 ETH
57.334.382 $
|
66,66 ETH
193.103 $
|
71 | 0.0% | ||||
25 |
Ultiverse - Electric Sheep
Ethereum
|
1,04 ETH
3.007,24 $
|
2.8% |
7.271 ETH
21.050.708 $
|
61,45 ETH
177.905 $
|
65 | 0.3% | ||||
26 |
WHAT THE FFFF
Ethereum
|
0,011 ETH
31,79 $
|
0.0% |
11,00 ETH
31.787 $
|
59,34 ETH
171.464 $
|
- | 0.0% | ||||
27 |
MATR1X KUKU
Ethereum
|
1,44 ETH
4.165,52 $
|
13.4% |
9.586 ETH
27.767.383 $
|
57,89 ETH
167.693 $
|
39 | 0.0% | ||||
28 |
Moonbirds
Ethereum
|
0,68 ETH
1.957,24 $
|
4.2% |
6.760 ETH
19.572.436 $
|
55,10 ETH
159.522 $
|
76 | 0.1% | ||||
29 |
Solana Monkey Business
Solana
|
36,95 SOL
4.522,29 $
|
1.4% |
184.491 SOL
22.579.773 $
|
1.230 SOL
150.504 $
|
33 | 0.1% | ||||
30 |
Terraforms by Mathcastles
Ethereum
|
0,99 ETH
2.865,60 $
|
0.2% |
9.811 ETH
28.400.966 $
|
49,07 ETH
142.038 $
|
50 | 0.5% | ||||
31 |
Sappy Seals
Ethereum
|
0,60 ETH
1.732,31 $
|
14.1% |
5.978 ETH
17.317.891 $
|
46,38 ETH
134.345 $
|
73 | 1.0% | ||||
32 |
Pixelmon
Ethereum
|
1,51 ETH
4.385,68 $
|
4.1% |
19.025 ETH
55.110.415 $
|
43,81 ETH
126.913 $
|
27 | 0.0% | ||||
33 |
mfers
Ethereum
|
0,39 ETH
1.115,25 $
|
9.4% |
3.857 ETH
11.173.670 $
|
41,24 ETH
119.448 $
|
101 | 0.1% | ||||
34 |
Honey Comb
Ethereum
|
0,26 ETH
747,00 $
|
4.3% |
4.236 ETH
12.265.661 $
|
40,47 ETH
117.176 $
|
160 | 0.3% | ||||
35 |
Fidenza by Tyler Hobbs
Ethereum
|
45,69 ETH
132.352 $
|
0.0% |
45.644 ETH
132.220.075 $
|
40,00 ETH
115.870 $
|
1 | 0.2% | ||||
36 |
SchizoPosters
Ethereum
|
0,64 ETH
1.839,49 $
|
8.2% |
3.527 ETH
10.216.537 $
|
38,67 ETH
112.031 $
|
59 | 0.1% | ||||
37 |
Quantum Cats
Bitcoin
|
0,37 BTC
21.373 $
|
2.4% |
1.233 BTC
71.236.265 $
|
1,50 BTC
86.439 $
|
4 | 0.1% | ||||
38 |
Runestone
Bitcoin
|
0,019 BTC
1.096,37 $
|
16.6% |
2.136 BTC
123.231.851 $
|
1,48 BTC
85.524 $
|
80 | 1.7% | ||||
39 |
PXQuest Adventurer
Ethereum
|
0,70 ETH
2.020,02 $
|
4.8% |
5.234 ETH
15.150.136 $
|
29,43 ETH
85.203 $
|
44 | 0.2% | ||||
40 |
Persona
Ethereum
|
0,23 ETH
671,31 $
|
6.5% |
2.058 ETH
5.957.903 $
|
26,24 ETH
75.968 $
|
89 | 0.2% | ||||
41 |
Chimpers
Ethereum
|
0,23 ETH
661,90 $
|
2.4% |
1.269 ETH
3.676.877 $
|
24,32 ETH
70.435 $
|
111 | 2.7% | ||||
42 |
Peplicator by Matt Furie
Ethereum
|
0,050 ETH
143,97 $
|
14.2% |
1.097 ETH
3.176.662 $
|
24,05 ETH
69.676 $
|
506 | 0.4% | ||||
43 |
Doodles
Ethereum
|
1,37 ETH
3.980,13 $
|
5.9% |
13.737 ETH
39.793.360 $
|
23,94 ETH
69.348 $
|
17 | 0.1% | ||||
44 |
Prometheans
Bitcoin
|
0,015 BTC
854,42 $
|
3.4% |
310,57 BTC
17.942.871 $
|
1,18 BTC
68.361 $
|
80 | 0.2% | ||||
45 |
Tensorians
Solana
|
12,70 SOL
1.556,52 $
|
10.6% |
112.624 SOL
13.803.256 $
|
553,41 SOL
67.827 $
|
41 | 0.0% | ||||
46 |
RTFKT Animus Egg 🥚
Ethereum
|
0,14 ETH
401,80 $
|
7.4% |
2.406 ETH
6.964.059 $
|
23,18 ETH
67.092 $
|
179 | 0.2% | ||||
47 |
Treeverse Plots
Ethereum
|
0,32 ETH
917,53 $
|
9.4% |
3.302 ETH
9.560.666 $
|
22,20 ETH
64.290 $
|
70 | 0.1% | ||||
48 |
Bored Ape Kennel Club
Ethereum
|
0,51 ETH
1.490,81 $
|
5.3% |
4.944 ETH
14.314.717 $
|
21,25 ETH
61.539 $
|
41 | 0.0% | ||||
49 |
Wassies by Wassies
Ethereum
|
0,47 ETH
1.361,22 $
|
17.5% |
4.532 ETH
13.127.588 $
|
20,65 ETH
59.807 $
|
42 | 0.0% | ||||
50 |
Pizza Ninjas
Bitcoin
|
0,15 BTC
8.549,21 $
|
8.4% |
222,00 BTC
12.823.810 $
|
0,98 BTC
56.685 $
|
7 | 0.2% | ||||
51 |
Chromie Squiggle by Snowfro
Ethereum
|
5,15 ETH
14.918,71 $
|
1.9% |
51.469 ETH
149.097.616 $
|
19,33 ETH
55.996 $
|
3 | 0.0% | ||||
52 |
Cool Cats
Ethereum
|
0,46 ETH
1.335,44 $
|
4.3% |
4.595 ETH
13.311.686 $
|
19,04 ETH
55.155 $
|
36 | 0.1% | ||||
53 |
1337 skulls
Ethereum
|
0,024 ETH
68,30 $
|
0.0% |
173,74 ETH
500.728 $
|
18,93 ETH
54.570 $
|
5 | 0.0% | ||||
54 |
My Pet Hooligan
Ethereum
|
0,41 ETH
1.190,02 $
|
1.1% |
3.651 ETH
10.576.879 $
|
18,65 ETH
54.015 $
|
41 | 0.1% | ||||
55 |
Candy Collective: Genesis Collection
Ethereum
|
0,46 ETH
1.331,34 $
|
2.1% |
919,80 ETH
2.662.672 $
|
18,54 ETH
53.661 $
|
41 | 0.4% | ||||
56 |
Kanpai Pandas
Ethereum
|
1,63 ETH
4.718,30 $
|
0.5% |
12.979 ETH
37.571.799 $
|
17,63 ETH
51.037 $
|
11 | 0.0% | ||||
57 |
Skyborne - NexianGems
Ethereum
|
0,95 ETH
2.743,22 $
|
4.9% |
3.156 ETH
9.143.154 $
|
15,84 ETH
45.884 $
|
17 | 0.4% | ||||
58 |
Bit Bears by Berachain
Ethereum
|
4,15 ETH
12.010,39 $
|
9.8% |
9.455 ETH
27.371.689 $
|
15,75 ETH
45.594 $
|
4 | 0.1% | ||||
59 |
PX Quest
Ethereum
|
0,70 ETH
2.020,02 $
|
7.7% |
5.234 ETH
15.150.136 $
|
15,37 ETH
44.481 $
|
24 | 0.4% | ||||
60 |
Rumble Kong League
Ethereum
|
0,32 ETH
925,77 $
|
20.0% |
3.198 ETH
9.257.664 $
|
14,63 ETH
42.346 $
|
44 | 0.0% | ||||
61 |
CyberV
Ethereum
|
0,36 ETH
1.036,72 $
|
8.9% |
747,72 ETH
2.153.275 $
|
14,43 ETH
41.556 $
|
43 | 0.1% | ||||
62 |
Nobody
Ethereum
|
0,15 ETH
436,82 $
|
0.5% |
1.508 ETH
4.368.238 $
|
14,33 ETH
41.511 $
|
91 | 0.2% | ||||
63 |
0N1 Force
Ethereum
|
0,28 ETH
809,35 $
|
0.9% |
2.172 ETH
6.292.708 $
|
14,05 ETH
40.705 $
|
51 | 0.0% | ||||
64 |
Bitcoin Wizards
Bitcoin
|
0,20 BTC
11.552,98 $
|
20.0% |
267,60 BTC
15.457.890 $
|
0,69 BTC
40.140 $
|
3 | 0.2% | ||||
65 |
Muraqqa
Ethereum
|
4,50 ETH
12.961,42 $
|
12.8% |
499,50 ETH
1.438.718 $
|
12,79 ETH
36.839 $
|
4 | 3.8% | ||||
66 |
BEEPLE: EVERYDAYS - THE 2020 COLLECTION
Ethereum
|
8,00 ETH
23.175 $
|
33.7% |
5.768 ETH
16.708.958 $
|
11,89 ETH
34.443 $
|
1 | 0.6% | ||||
67 |
Emby
Ethereum
|
0,25 ETH
719,95 $
|
12.3% |
687,50 ETH
1.979.854 $
|
11,90 ETH
34.277 $
|
45 | 0.7% | ||||
68 |
Wild Forest Lords
Ronin
|
575,00 RON
1.426,88 $
|
3.8% |
1.725.000 RON
4.280.642 $
|
13.414 RON
33.287 $
|
0 | 0.6% | ||||
69 |
rektguy
Ethereum
|
0,36 ETH
1.056,01 $
|
0.0% |
3.215 ETH
9.307.706 $
|
11,46 ETH
33.184 $
|
29 | 0.0% | ||||
70 |
Pixels - Farm Land
Ethereum
|
1,62 ETH
4.689,84 $
|
0.1% |
8.095 ETH
23.449.177 $
|
10,63 ETH
30.787 $
|
5 | 1.2% | ||||
71 |
Azuki Elemental Beans
Ethereum
|
0,69 ETH
1.992,96 $
|
7.8% |
3.706 ETH
10.736.075 $
|
10,43 ETH
30.220 $
|
15 | 1.0% | ||||
72 |
Blond
Ethereum
|
2,67 ETH
7.696,05 $
|
3.5% |
42,72 ETH
123.137 $
|
10,47 ETH
30.179 $
|
4 | 0.0% | ||||
73 |
KILLABEARS
Ethereum
|
0,53 ETH
1.525,67 $
|
4.3% |
1.754 ETH
5.085.063 $
|
10,13 ETH
29.368 $
|
16 | 1.2% | ||||
74 |
Celestine Sloth Society
Stargaze
|
176.823 STARS
3.139,68 $
|
1.0% |
442.057.500 STARS
7.849.191 $
|
1.645.670 STARS
29.221 $
|
10 | 0.2% | ||||
75 |
Hape Prime
Ethereum
|
0,23 ETH
660,80 $
|
11.5% |
1.870 ETH
5.413.265 $
|
10,00 ETH
28.935 $
|
43 | 0.2% | ||||
76 |
Nakamigos
Ethereum
|
0,095 ETH
274,77 $
|
6.8% |
1.891 ETH
5.475.829 $
|
9,98 ETH
28.892 $
|
98 | 0.1% | ||||
77 |
Sproto Gremlins
Ethereum
|
0,31 ETH
893,65 $
|
5.6% |
1.027 ETH
2.975.844 $
|
9,88 ETH
28.622 $
|
33 | 0.4% | ||||
78 |
Parallel Avatars
Ethereum
|
0,71 ETH
2.046,36 $
|
0.0% |
7.777 ETH
22.512.020 $
|
9,53 ETH
27.590 $
|
14 | 0.0% | ||||
79 |
CryptoPunks V1 (wrapped)
Ethereum
|
1,98 ETH
5.735,56 $
|
2.6% |
9.787 ETH
28.350.880 $
|
9,30 ETH
26.937 $
|
5 | 0.0% | ||||
80 |
Ninja Squad Official
Ethereum
|
0,16 ETH
454,56 $
|
7.7% |
1.394 ETH
4.039.666 $
|
9,26 ETH
26.820 $
|
46 | 0.1% | ||||
81 |
Azra Games - The Hopeful
Ethereum
|
1,18 ETH
3.418,16 $
|
6.0% |
6.555 ETH
18.987.895 $
|
9,17 ETH
26.553 $
|
8 | 0.2% | ||||
82 |
Prime Navigator
Ethereum
|
0,52 ETH
1.506,36 $
|
13.1% |
1.589 ETH
4.603.422 $
|
9,13 ETH
26.452 $
|
18 | 2.8% | ||||
83 |
Checks
Ethereum
|
0,20 ETH
579,35 $
|
12.4% |
1.141 ETH
3.304.610 $
|
9,01 ETH
26.111 $
|
45 | 0.4% | ||||
84 |
Bursted Bubbles by Deblock
Ethereum
|
0,65 ETH
1.870,28 $
|
10.2% |
650,00 ETH
1.870.277 $
|
9,01 ETH
25.924 $
|
19 | 1.1% | ||||
85 |
Meebits
Ethereum
|
0,61 ETH
1.751,38 $
|
0.8% |
12.099 ETH
35.025.792 $
|
8,52 ETH
24.661 $
|
9 | 0.0% | ||||
86 |
Bitcoin Frogs
Bitcoin
|
0,071 BTC
4.101,19 $
|
1.4% |
709,98 BTC
41.011.925 $
|
0,42 BTC
24.481 $
|
6 | 0.1% | ||||
87 |
Solcasino.io
Solana
|
17,50 SOL
2.142,91 $
|
2.4% |
87.500 SOL
10.714.558 $
|
198,49 SOL
24.306 $
|
10 | 2.2% | ||||
88 |
FLUF World
Ethereum
|
0,47 ETH
1.367,10 $
|
5.0% |
4.719 ETH
13.671.030 $
|
8,25 ETH
23.895 $
|
13 | 0.0% | ||||
89 |
VeeFriends
Ethereum
|
1,22 ETH
3.527,94 $
|
20.1% |
12.498 ETH
36.179.019 $
|
7,93 ETH
22.959 $
|
6 | 0.1% | ||||
90 |
sharx by sharky.fi
Solana
|
2,83 SOL
345,87 $
|
0.1% |
28.565 SOL
3.496.086 $
|
176,09 SOL
21.552 $
|
52 | 0.6% | ||||
91 |
RG Bytes
Ethereum
|
0,38 ETH
1.089,18 $
|
0.3% |
1.880 ETH
5.444.798 $
|
7,40 ETH
21.435 $
|
21 | 0.1% | ||||
92 |
The Potatoz
Ethereum
|
1,90 ETH
5.495,13 $
|
2.4% |
18.968 ETH
54.945.819 $
|
7,36 ETH
21.314 $
|
4 | 0.1% | ||||
93 |
Ape Odyssey
Bitcoin
|
0,007 BTC
422,00 $
|
21.7% |
36,50 BTC
2.109.994 $
|
0,37 BTC
21.258 $
|
59 | 0.3% | ||||
94 |
Overworld Incarna
Ethereum
|
1,25 ETH
3.617,97 $
|
7.4% |
7.499 ETH
21.707.814 $
|
7,33 ETH
21.228 $
|
6 | 0.1% | ||||
95 |
Claynosaurz
Solana
|
13,63 SOL
1.668,43 $
|
1.6% |
136.321 SOL
16.684.269 $
|
168,48 SOL
20.620 $
|
12 | 0.1% | ||||
96 |
Winds of Yawanawa by Yawanawa and Refik Anadol
Ethereum
|
4,09 ETH
11.847,69 $
|
0.0% |
4.092 ETH
11.847.693 $
|
7,04 ETH
20.378 $
|
2 | 0.0% | ||||
97 |
Coolman's Universe
Ethereum
|
0,025 ETH
72,14 $
|
37.8% |
248,93 ETH
721.172 $
|
7,02 ETH
20.327 $
|
206 | 0.5% | ||||
98 |
Pixelady Maker
Ethereum
|
0,11 ETH
332,85 $
|
8.0% |
918,86 ETH
2.661.774 $
|
7,00 ETH
20.287 $
|
62 | 0.3% | ||||
99 |
Natcats
Bitcoin
|
0,030 BTC
1.720,82 $
|
6.6% |
240,23 BTC
13.876.666 $
|
0,35 BTC
20.006 $
|
11 | 0.1% | ||||
100 |
Rune Doors
Bitcoin
|
0,005 BTC
271,66 $
|
11.9% |
46,99 BTC
2.716.621 $
|
0,34 BTC
19.475,42 $
|
80 | 0.4% |
What Are NFTs?
A non-fungible token (NFT) is a digital asset or a unique identifier that assigns, links, or proves ownership of unique physical and digital goods. These goods can be anything ranging from artwork, music, digital real estate, or videos. In simple terms, NFTs are unique crypto tokens managed on a blockchain and they can be considered as modern-day collectibles. Each NFT is coded with a unique ID and other metadata that are impossible to replicate on other tokens. The blockchain acts as a decentralized ledger that is used to track the transaction history and ownership of the NFT, and this makes it difficult to be counterfeited or altered. Any digital object can become an NFT and anyone can make an NFT. To convert a digital object to an NFT, you just need to mint or put the object on the blockchain as a token and put the digital artwork for sale. NFT creators can choose to attach a commission to the file and get paid for every sale or resale of the file.
What is a NFT floor price?
Floor price refers to the lowest price for an NFT collection that someone can buy directly from the market. You can now track market data for NFT collections using our new NFT-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.