Priser för de största NFT-samlingarna rankade efter 24 h handelsvolym
# | NFT | Minimipris | 24h% | Senaste 7 dagarna | Börsvärde | Volym 24 h | Försäljning 24h | Ägare senaste 24h | |||
---|---|---|---|---|---|---|---|---|---|---|---|
1 |
Azuki
Ethereum
|
Köp
|
5,13 ETH
15 959,75 $
|
7.7% |
51 300 ETH
159 597 480 $
|
1 564 ETH
4 865 944 $
|
298 | 0.5% | |||
2 |
Bored Ape Yacht Club
Ethereum
|
Köp
|
14,08 ETH
43 803 $
|
0.7% |
140 772 ETH
437 943 975 $
|
507,63 ETH
1 579 250 $
|
37 | 0.0% | |||
3 |
Pixelmon
Ethereum
|
1,29 ETH
4 011,61 $
|
10.0% |
16 204 ETH
50 409 932 $
|
429,51 ETH
1 336 222 $
|
364 | 0.9% | ||||
4 |
Mutant Ape Yacht Club
Ethereum
|
Köp
|
2,74 ETH
8 508,64 $
|
5.0% |
53 313 ETH
165 858 901 $
|
290,49 ETH
903 732 $
|
109 | 0.0% | |||
5 |
Pudgy Penguins
Ethereum
|
11,11 ETH
34 567 $
|
0.7% |
98 755 ETH
307 227 412 $
|
244,65 ETH
761 126 $
|
22 | 0.2% | ||||
6 |
Azuki Elementals
Ethereum
|
0,49 ETH
1 533,61 $
|
0.4% |
7 869 ETH
24 479 456 $
|
198,75 ETH
618 328 $
|
380 | 0.2% | ||||
7 |
Rune Pups
Bitcoin
|
0,097 BTC
6 102,97 $
|
21.0% |
1 043 BTC
65 777 825 $
|
7,71 BTC
485 961 $
|
80 | 0.2% | ||||
8 |
Solana Monkey Business
Solana
|
35,98 SOL
5 199,43 $
|
0.0% |
179 648 SOL
25 960 752 $
|
3 135 SOL
453 102 $
|
84 | 0.1% | ||||
9 |
CryptoPunks
Ethereum
|
Köp
|
37,89 ETH
117 878 $
|
0.0% |
378 673 ETH
1 178 074 117 $
|
137,50 ETH
427 771 $
|
3 | 0.0% | |||
10 |
Kanpai Pandas
Ethereum
|
1,54 ETH
4 784,75 $
|
7.8% |
12 250 ETH
38 110 521 $
|
128,10 ETH
398 509 $
|
84 | 0.1% | ||||
11 |
DeGods
Ethereum
|
Köp
|
1,75 ETH
5 444,28 $
|
14.2% |
15 732 ETH
48 944 115 $
|
116,17 ETH
361 410 $
|
70 | 0.3% | |||
12 |
Bitcoin Puppets
Bitcoin
|
0,30 BTC
18 595,75 $
|
9.2% |
2 950 BTC
185 976 119 $
|
5,65 BTC
355 991 $
|
18 | 0.1% | ||||
13 |
Ordinal Maxi Biz (OMB)
Bitcoin
|
0,41 BTC
25 530 $
|
3.1% |
850,50 BTC
53 612 499 $
|
5,41 BTC
341 279 $
|
11 | 0.1% | ||||
14 |
Peepos
Bitcoin
|
0,31 BTC
19 544,64 $
|
37.8% |
130,20 BTC
8 208 749 $
|
5,15 BTC
324 554 $
|
19 | 2.8% | ||||
15 |
Lil Peepos
Bitcoin
|
0,31 BTC
19 541,30 $
|
37.8% |
130,20 BTC
8 207 346 $
|
5,15 BTC
324 498 $
|
19 | 2.8% | ||||
16 |
Lil Pudgys
Ethereum
|
0,93 ETH
2 887,03 $
|
0.4% |
20 096 ETH
62 518 555 $
|
96,49 ETH
300 193 $
|
104 | 0.1% | ||||
17 |
Milady Maker
Ethereum
|
Köp
|
4,85 ETH
15 082,43 $
|
4.5% |
48 373 ETH
150 492 472 $
|
85,76 ETH
266 794 $
|
18 | 0.0% | |||
18 |
Redacted Remilio Babies
Ethereum
|
1,64 ETH
5 117,59 $
|
10.3% |
16 447 ETH
51 165 682 $
|
76,71 ETH
238 644 $
|
47 | 0.1% | ||||
19 |
Captainz
Ethereum
|
3,10 ETH
9 640,08 $
|
0.6% |
30 977 ETH
96 391 143 $
|
76,45 ETH
237 892 $
|
25 | 0.2% | ||||
20 |
Forked Nouns
Ethereum
|
36,75 ETH
114 332 $
|
0.7% |
17 346 ETH
53 964 481 $
|
71,00 ETH
220 885 $
|
2 | 0.0% | ||||
21 |
Froganas
Solana
|
1,87 SOL
271,16 $
|
0.5% |
10 382 SOL
1 506 307 $
|
1 429 SOL
207 297 $
|
720 | 1.1% | ||||
22 |
NodeMonkes
Bitcoin
|
0,38 BTC
24 165 $
|
3.9% |
3 833 BTC
241 647 402 $
|
3,19 BTC
200 868 $
|
8 | 0.1% | ||||
23 |
BEANZ Official
Ethereum
|
0,31 ETH
976,86 $
|
2.8% |
6 264 ETH
19 488 361 $
|
63,95 ETH
198 961 $
|
189 | 0.3% | ||||
24 |
Ultiverse - Electric Sheep
Ethereum
|
1,07 ETH
3 326,42 $
|
8.5% |
7 483 ETH
23 284 928 $
|
63,91 ETH
198 862 $
|
66 | 0.3% | ||||
25 |
WHAT THE FFFF
Ethereum
|
0,011 ETH
34,32 $
|
0.0% |
11,00 ETH
34 321 $
|
59,34 ETH
185 134 $
|
- | 0.0% | ||||
26 |
Moonbirds
Ethereum
|
0,76 ETH
2 364,34 $
|
6.9% |
7 600 ETH
23 643 439 $
|
57,19 ETH
177 923 $
|
77 | 0.1% | ||||
27 |
RSIC METAPROTOCOL
Bitcoin
|
0,047 BTC
2 956,91 $
|
7.9% |
984,90 BTC
62 095 211 $
|
2,30 BTC
144 761 $
|
44 | 0.0% | ||||
28 |
Lasogette
Ethereum
|
0,45 ETH
1 409,60 $
|
13.2% |
3 508 ETH
10 914 570 $
|
41,09 ETH
127 861 $
|
88 | 0.0% | ||||
29 |
Mad Lads
Solana
|
87,40 SOL
12 630,08 $
|
0.6% |
871 028 SOL
125 871 339 $
|
862,76 SOL
124 676 $
|
9 | 0.0% | ||||
30 |
My Pet Hooligan
Ethereum
|
0,38 ETH
1 185,56 $
|
12.6% |
3 386 ETH
10 537 272 $
|
38,17 ETH
118 770 $
|
93 | 0.1% | ||||
31 |
L3E7 Worlds
Ethereum
|
4,90 ETH
15 244,00 $
|
5.8% |
2 940 ETH
9 146 398 $
|
35,88 ETH
111 623 $
|
7 | 0.3% | ||||
32 |
Doodles
Ethereum
|
1,52 ETH
4 722,59 $
|
5.5% |
15 177 ETH
47 216 476 $
|
32,19 ETH
100 151 $
|
21 | 0.1% | ||||
33 |
Runestone
Bitcoin
|
0,016 BTC
1 027,49 $
|
15.3% |
1 832 BTC
115 490 338 $
|
1,42 BTC
89 455 $
|
80 | 0.3% | ||||
34 |
TENJIN
Ethereum
|
0,21 ETH
637,77 $
|
5.5% |
1 640 ETH
5 101 504 $
|
28,47 ETH
88 579 $
|
144 | 0.1% | ||||
35 |
Clone X
Ethereum
|
0,51 ETH
1 582,89 $
|
0.6% |
9 970 ETH
31 016 668 $
|
27,91 ETH
86 832 $
|
37 | 0.0% | ||||
36 |
Terraforms by Mathcastles
Ethereum
|
0,84 ETH
2 598,94 $
|
5.0% |
8 280 ETH
25 758 122 $
|
26,56 ETH
82 620 $
|
31 | 0.3% | ||||
37 |
Prometheans
Bitcoin
|
0,015 BTC
917,18 $
|
14.3% |
305,55 BTC
19 260 787 $
|
1,20 BTC
75 490 $
|
80 | 0.1% | ||||
38 |
SchizoPosters
Ethereum
|
0,65 ETH
2 029,32 $
|
8.7% |
3 623 ETH
11 270 833 $
|
23,19 ETH
72 159 $
|
32 | 0.4% | ||||
39 |
Azra Games - The Hopeful
Ethereum
|
1,20 ETH
3 733,74 $
|
5.8% |
6 665 ETH
20 740 932 $
|
22,69 ETH
70 609 $
|
20 | 0.1% | ||||
40 |
Claynosaurz
Solana
|
13,76 SOL
1 988,44 $
|
3.6% |
137 600 SOL
19 884 422 $
|
426,02 SOL
61 564 $
|
30 | 0.2% | ||||
41 |
Quantum Cats
Bitcoin
|
0,42 BTC
26 475 $
|
1.2% |
1 400 BTC
88 240 102 $
|
0,98 BTC
61 524 $
|
1 | 0.0% | ||||
42 |
Otherdeed for Otherside
Ethereum
|
0,21 ETH
661,09 $
|
0.8% |
10 034 ETH
31 217 411 $
|
19,72 ETH
61 359 $
|
79 | 0.1% | ||||
43 |
Natcats
Bitcoin
|
0,038 BTC
2 408,40 $
|
10.7% |
308,04 BTC
19 421 370 $
|
0,97 BTC
61 264 $
|
25 | 0.3% | ||||
44 |
Bitcoin Wizards
Bitcoin
|
0,23 BTC
14 500,86 $
|
0.0% |
307,74 BTC
19 402 153 $
|
0,90 BTC
56 427 $
|
4 | 0.2% | ||||
45 |
YouAreTheChampion
Ethereum
|
21,88 ETH
68 069 $
|
21.6% |
11 378 ETH
35 395 938 $
|
18,00 ETH
55 998 $
|
1 | 0.0% | ||||
46 |
PXQuest Adventurer
Ethereum
|
0,62 ETH
1 924,73 $
|
8.9% |
4 639 ETH
14 435 449 $
|
17,75 ETH
55 219 $
|
30 | 0.4% | ||||
47 |
PX Quest
Ethereum
|
0,62 ETH
1 924,27 $
|
4.5% |
4 639 ETH
14 432 013 $
|
17,75 ETH
55 207 $
|
30 | 0.4% | ||||
48 |
Persona
Ethereum
|
0,25 ETH
767,18 $
|
0.0% |
2 189 ETH
6 808 700 $
|
17,41 ETH
54 157 $
|
72 | 0.0% | ||||
49 |
Celestine Sloth Society
Stargaze
|
183 999 STARS
3 643,97 $
|
5.1% |
459 997 500 STARS
9 109 923 $
|
2 723 508 STARS
53 937 $
|
15 | 0.2% | ||||
50 |
mfers
Ethereum
|
0,39 ETH
1 213,30 $
|
0.5% |
3 907 ETH
12 156 030 $
|
15,95 ETH
49 618 $
|
38 | 0.0% | ||||
51 |
Rumble Kong League
Ethereum
|
0,24 ETH
746,33 $
|
5.8% |
2 399 ETH
7 463 336 $
|
15,95 ETH
49 606 $
|
66 | 0.3% | ||||
52 |
CyberV
Ethereum
|
0,33 ETH
1 038,68 $
|
9.3% |
692,26 ETH
2 157 329 $
|
15,81 ETH
49 280 $
|
48 | 0.6% | ||||
53 |
Skyborne - NexianGems
Ethereum
|
0,95 ETH
2 946,18 $
|
4.9% |
3 156 ETH
9 819 604 $
|
15,84 ETH
49 279 $
|
17 | 0.4% | ||||
54 |
Mocaverse
Ethereum
|
3,95 ETH
12 287,14 $
|
1.2% |
35 103 ETH
109 208 094 $
|
15,76 ETH
49 027 $
|
4 | 0.0% | ||||
55 |
Candy Collective: Genesis Collection
Ethereum
|
0,46 ETH
1 421,42 $
|
4.1% |
913,80 ETH
2 842 844 $
|
15,43 ETH
48 001 $
|
34 | 0.4% | ||||
56 |
Light Years
Ethereum
|
16,80 ETH
52 265 $
|
12.0% |
1 680 ETH
5 226 513 $
|
15,00 ETH
46 665 $
|
1 | 0.0% | ||||
57 |
Meebits
Ethereum
|
0,63 ETH
1 944,39 $
|
0.1% |
12 499 ETH
38 885 803 $
|
14,11 ETH
43 893 $
|
17 | 0.0% | ||||
58 |
Tensorians
Solana
|
13,55 SOL
1 958,10 $
|
1.4% |
120 161 SOL
17 364 389 $
|
298,39 SOL
43 120 $
|
22 | 0.0% | ||||
59 |
Muraqqa
Ethereum
|
4,50 ETH
14 041,57 $
|
12.8% |
499,50 ETH
1 558 614 $
|
12,79 ETH
39 909 $
|
4 | 3.8% | ||||
60 |
MATR1X KUKU
Ethereum
|
2,10 ETH
6 533,23 $
|
23.7% |
13 999 ETH
43 550 512 $
|
12,59 ETH
39 181 $
|
7 | 0.2% | ||||
61 |
XocietyFrontier
Ethereum
|
0,12 ETH
361,47 $
|
20.8% |
453,68 ETH
1 413 713 $
|
12,44 ETH
38 751 $
|
99 | 1.4% | ||||
62 |
Bit Bears by Berachain
Ethereum
|
4,18 ETH
13 004,06 $
|
2.0% |
9 526 ETH
29 636 259 $
|
12,29 ETH
38 229 $
|
3 | 0.1% | ||||
63 |
IO: Imaginary Ones
Ethereum
|
1,02 ETH
3 188,17 $
|
1.5% |
9 108 ETH
28 336 482 $
|
12,25 ETH
38 113 $
|
12 | 0.2% | ||||
64 |
Gh0stly Gh0sts
Ethereum
|
0,057 ETH
176,92 $
|
24.4% |
379,38 ETH
1 183 797 $
|
11,90 ETH
37 132 $
|
192 | 0.5% | ||||
65 |
CryptoDickbutts
Ethereum
|
0,32 ETH
979,97 $
|
19.2% |
1 637 ETH
5 093 890 $
|
11,32 ETH
35 217 $
|
35 | 0.7% | ||||
66 |
RTFKT Animus Egg 🥚
Ethereum
|
0,19 ETH
575,67 $
|
38.2% |
3 206 ETH
9 977 450 $
|
11,22 ETH
34 902 $
|
72 | 0.1% | ||||
67 |
FLUF World
Ethereum
|
0,46 ETH
1 445,03 $
|
1.6% |
4 645 ETH
14 450 282 $
|
11,20 ETH
34 842 $
|
11 | 0.1% | ||||
68 |
TODAY - Ancient Seed
Ethereum
|
1,33 ETH
4 138,57 $
|
0.0% |
1 033 ETH
3 215 672 $
|
10,95 ETH
34 071 $
|
8 | 5.8% | ||||
69 |
Pixels - Farm Land
Ethereum
|
1,50 ETH
4 651,65 $
|
2.6% |
7 476 ETH
23 258 233 $
|
10,67 ETH
33 206 $
|
5 | 0.1% | ||||
70 |
Blond
Ethereum
|
2,67 ETH
8 344,77 $
|
3.5% |
42,72 ETH
133 516 $
|
10,47 ETH
32 723 $
|
4 | 0.0% | ||||
71 |
Honey Comb
Ethereum
|
0,26 ETH
805,76 $
|
2.3% |
4 253 ETH
13 230 611 $
|
10,38 ETH
32 299 $
|
40 | 0.3% | ||||
72 |
Cool Cats
Ethereum
|
0,45 ETH
1 397,16 $
|
2.4% |
4 476 ETH
13 926 870 $
|
10,17 ETH
31 658 $
|
20 | 0.0% | ||||
73 |
Async Blueprints
Ethereum
|
0,010 ETH
31,18 $
|
42.9% |
242,22 ETH
755 322 $
|
10,01 ETH
31 226 $
|
3 | 0.0% | ||||
74 |
Yogurt Verse
Ethereum
|
1,29 ETH
4 020,29 $
|
81.7% |
412,80 ETH
1 286 492 $
|
9,91 ETH
30 878 $
|
8 | 0.6% | ||||
75 |
Azuki Elemental Beans
Ethereum
|
0,80 ETH
2 488,82 $
|
0.0% |
4 310 ETH
13 407 249 $
|
9,88 ETH
30 739 $
|
10 | 0.3% | ||||
76 |
Pizza Ninjas
Bitcoin
|
0,16 BTC
9 772,32 $
|
7.2% |
232,50 BTC
14 658 480 $
|
0,47 BTC
29 746 $
|
3 | 0.2% | ||||
77 |
FRESH HELL
Ethereum
|
9,69 ETH
30 276 $
|
2.1% |
19,38 ETH
60 552 $
|
9,49 ETH
29 651 $
|
1 | 1.8% | ||||
78 |
Radbro Webring V2
Ethereum
|
0,11 ETH
351,92 $
|
16.3% |
564,49 ETH
1 759 625 $
|
9,51 ETH
29 648 $
|
83 | 1.0% | ||||
79 |
Degenerate Ape Academy
Solana
|
7,88 SOL
1 138,87 $
|
7.5% |
63 623 SOL
9 194 134 $
|
198,16 SOL
28 635 $
|
21 | 0.2% | ||||
80 |
INK
Bitcoin
|
0,014 BTC
882,66 $
|
4.1% |
140,00 BTC
8 826 611 $
|
0,45 BTC
28 232 $
|
30 | 0.2% | ||||
81 |
Bored Ape Kennel Club
Ethereum
|
0,59 ETH
1 832,80 $
|
3.4% |
5 656 ETH
17 598 505 $
|
8,68 ETH
27 023 $
|
15 | 0.0% | ||||
82 |
OverTrip Founder's ID
Ethereum
|
0,21 ETH
646,50 $
|
17.2% |
183,73 ETH
574 094 $
|
8,29 ETH
25 904 $
|
40 | 1.2% | ||||
83 |
VeeFriends
Ethereum
|
1,08 ETH
3 359,90 $
|
5.1% |
11 075 ETH
34 455 788 $
|
8,26 ETH
25 691 $
|
7 | 0.0% | ||||
84 |
Chimpers
Ethereum
|
0,24 ETH
746,96 $
|
9.2% |
1 334 ETH
4 149 340 $
|
8,25 ETH
25 681 $
|
37 | 0.6% | ||||
85 |
Photo Finish PFP Collection
Solana
|
13,00 SOL
1 878,62 $
|
18.7% |
195 000 SOL
28 179 232 $
|
166,12 SOL
24 006 $
|
10 | 0.4% | ||||
86 |
Sappy Seals
Ethereum
|
0,59 ETH
1 850,03 $
|
4.7% |
5 945 ETH
18 494 751 $
|
7,47 ETH
23 226 $
|
13 | 0.1% | ||||
87 |
The Potatoz
Ethereum
|
1,90 ETH
5 901,68 $
|
2.4% |
18 968 ETH
59 010 944 $
|
7,36 ETH
22 891 $
|
4 | 0.1% | ||||
88 |
sharx by sharky.fi
Solana
|
2,82 SOL
407,92 $
|
0.2% |
28 533 SOL
4 123 281 $
|
156,21 SOL
22 574 $
|
48 | 0.4% | ||||
89 |
Bitcoin Frogs
Bitcoin
|
0,070 BTC
4 431,46 $
|
1.0% |
703,00 BTC
44 314 623 $
|
0,35 BTC
22 334 $
|
5 | 0.7% | ||||
90 |
RarePepe by Matt Furie
Ethereum
|
9,69 ETH
30 146 $
|
38.4% |
998,07 ETH
3 105 058 $
|
7,00 ETH
21 777 $
|
1 | 0.0% | ||||
91 |
Nobody
Ethereum
|
0,15 ETH
466,65 $
|
5.3% |
1 500 ETH
4 666 530 $
|
6,82 ETH
21 232 $
|
41 | 0.1% | ||||
92 |
CyberKongz (Babies)
Ethereum
|
0,88 ETH
2 737,70 $
|
1.1% |
3 520 ETH
10 950 790 $
|
6,74 ETH
20 975 $
|
8 | 0.0% | ||||
93 |
Overworld Incarna
Ethereum
|
1,44 ETH
4 479,87 $
|
15.2% |
8 640 ETH
26 879 211 $
|
6,61 ETH
20 564 $
|
5 | 0.1% | ||||
94 |
RG Bytes
Ethereum
|
0,36 ETH
1 126,20 $
|
4.9% |
1 810 ETH
5 629 896 $
|
6,46 ETH
20 103 $
|
19 | 0.1% | ||||
95 |
KILLABEARS
Ethereum
|
0,60 ETH
1 866,61 $
|
0.2% |
2 000 ETH
6 221 417 $
|
6,25 ETH
19 443,87 $
|
10 | 0.4% | ||||
96 |
The Wizards of Ord
Bitcoin
|
0,027 BTC
1 676,08 $
|
6.4% |
88,62 BTC
5 586 362 $
|
0,30 BTC
18 917,23 $
|
11 | 0.0% | ||||
97 |
ChronoForge Support Airships
Ethereum
|
0,50 ETH
1 555,49 $
|
12.1% |
1 250 ETH
3 888 736 $
|
5,84 ETH
18 181,10 $
|
11 | 0.5% | ||||
98 |
OnChainMonkey (OCM) Genesis
Bitcoin
|
0,067 BTC
4 217,14 $
|
0.6% |
669,00 BTC
42 171 384 $
|
0,28 BTC
17 706,94 $
|
4 | 0.1% | ||||
99 |
Murakami.Flowers Official
Ethereum
|
0,22 ETH
688,43 $
|
3.3% |
2 247 ETH
6 989 580 $
|
5,54 ETH
17 228,43 $
|
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What Are NFTs?
A non-fungible token (NFT) is a digital asset or a unique identifier that assigns, links, or proves ownership of unique physical and digital goods. These goods can be anything ranging from artwork, music, digital real estate, or videos. In simple terms, NFTs are unique crypto tokens managed on a blockchain and they can be considered as modern-day collectibles. Each NFT is coded with a unique ID and other metadata that are impossible to replicate on other tokens. The blockchain acts as a decentralized ledger that is used to track the transaction history and ownership of the NFT, and this makes it difficult to be counterfeited or altered. Any digital object can become an NFT and anyone can make an NFT. To convert a digital object to an NFT, you just need to mint or put the object on the blockchain as a token and put the digital artwork for sale. NFT creators can choose to attach a commission to the file and get paid for every sale or resale of the file.
What is a NFT floor price?
Floor price refers to the lowest price for an NFT collection that someone can buy directly from the market. You can now track market data for NFT collections using our new NFT-data-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.