De största NFT-samlingarna på Ethereum rankade efter 24h handelsvolym
# | NFT | Minimipris | 24h% | Senaste 7 dagarna | Börsvärde | Volym 24 h | Försäljning 24h | Ägare senaste 24h | |||
---|---|---|---|---|---|---|---|---|---|---|---|
1 |
Azuki
Ethereum
|
Köp
|
5,04 ETH
15 641,74 $
|
1.2% |
50 370 ETH
156 417 381 $
|
702,01 ETH
2 179 993 $
|
137 | 0.1% | |||
2 |
Mutant Ape Yacht Club
Ethereum
|
Köp
|
2,58 ETH
8 020,71 $
|
1.7% |
50 353 ETH
156 355 720 $
|
391,48 ETH
1 215 607 $
|
152 | 0.0% | |||
3 |
DeGods
Ethereum
|
Köp
|
1,86 ETH
5 781,87 $
|
9.0% |
16 739 ETH
51 978 982 $
|
281,87 ETH
875 248 $
|
145 | 0.1% | |||
4 |
Bored Ape Yacht Club
Ethereum
|
Köp
|
13,60 ETH
42 232 $
|
0.9% |
135 953 ETH
422 233 024 $
|
270,34 ETH
839 607 $
|
20 | 0.0% | |||
5 |
Milady Maker
Ethereum
|
Köp
|
4,10 ETH
12 731,95 $
|
1.2% |
40 910 ETH
127 039 354 $
|
162,87 ETH
505 776 $
|
36 | 0.1% | |||
6 |
CryptoPunks
Ethereum
|
Köp
|
37,90 ETH
117 707 $
|
2.7% |
378 773 ETH
1 176 367 201 $
|
158,15 ETH
491 172 $
|
4 | 0.0% | |||
7 |
Pudgy Penguins
Ethereum
|
11,80 ETH
36 640 $
|
0.1% |
104 870 ETH
325 658 416 $
|
96,24 ETH
298 854 $
|
8 | 0.1% | ||||
8 |
Kanpai Pandas
Ethereum
|
1,19 ETH
3 686,51 $
|
2.0% |
9 459 ETH
29 377 775 $
|
96,04 ETH
298 269 $
|
82 | 0.1% | ||||
9 |
Redacted Remilio Babies
Ethereum
|
1,40 ETH
4 331,99 $
|
6.6% |
13 947 ETH
43 311 218 $
|
90,44 ETH
280 842 $
|
62 | 0.0% | ||||
10 |
Mocaverse
Ethereum
|
3,19 ETH
9 901,08 $
|
6.0% |
28 335 ETH
88 000 818 $
|
76,92 ETH
238 899 $
|
24 | 0.0% | ||||
11 |
Forked Nouns
Ethereum
|
36,75 ETH
113 903 $
|
0.7% |
17 346 ETH
53 762 023 $
|
71,00 ETH
220 057 $
|
2 | 0.0% | ||||
12 |
Pixelmon
Ethereum
|
1,19 ETH
3 696,74 $
|
14.5% |
14 957 ETH
46 453 280 $
|
67,72 ETH
210 333 $
|
59 | 0.7% | ||||
13 |
Azuki Elementals
Ethereum
|
0,49 ETH
1 529,31 $
|
4.8% |
7 912 ETH
24 566 787 $
|
61,57 ETH
191 186 $
|
116 | 0.1% | ||||
14 |
WHAT THE FFFF
Ethereum
|
0,011 ETH
34,16 $
|
0.0% |
11,00 ETH
34 163 $
|
59,34 ETH
184 282 $
|
- | 0.0% | ||||
15 |
Sappy Seals
Ethereum
|
0,50 ETH
1 552,86 $
|
4.0% |
4 998 ETH
15 523 972 $
|
58,73 ETH
182 395 $
|
115 | 0.0% | ||||
16 |
Pirate Nation - Founder's Pirates
Ethereum
|
0,98 ETH
3 043,26 $
|
0.1% |
9 799 ETH
30 429 562 $
|
43,53 ETH
135 165 $
|
44 | 0.7% | ||||
17 |
MATR1X KUKU
Ethereum
|
1,62 ETH
5 007,68 $
|
0.9% |
10 770 ETH
33 381 227 $
|
43,15 ETH
133 735 $
|
27 | 0.0% | ||||
18 |
Azra Games - The Hopeful
Ethereum
|
1,12 ETH
3 478,01 $
|
1.6% |
6 222 ETH
19 320 357 $
|
41,98 ETH
130 356 $
|
39 | 0.3% | ||||
19 |
Lil Pudgys
Ethereum
|
1,01 ETH
3 136,79 $
|
1.4% |
21 875 ETH
67 936 642 $
|
38,70 ETH
120 195 $
|
38 | 0.0% | ||||
20 |
Wrapped Cryptopunks
Ethereum
|
51,99 ETH
161 448 $
|
0.0% |
44 347 ETH
137 715 210 $
|
36,25 ETH
112 570 $
|
1 | 0.7% | ||||
21 |
Captainz
Ethereum
|
2,95 ETH
9 155,71 $
|
1.4% |
29 477 ETH
91 547 903 $
|
35,83 ETH
111 292 $
|
11 | 0.1% | ||||
22 |
alignDRAW
Ethereum
|
1,88 ETH
5 818,51 $
|
0.1% |
5 086 ETH
15 762 352 $
|
34,53 ETH
107 032 $
|
23 | 0.2% | ||||
23 |
Meebits
Ethereum
|
0,56 ETH
1 726,49 $
|
5.6% |
11 119 ETH
34 528 006 $
|
32,63 ETH
101 333 $
|
58 | 0.1% | ||||
24 |
Terraforms by Mathcastles
Ethereum
|
0,86 ETH
2 667,29 $
|
7.6% |
8 513 ETH
26 435 556 $
|
29,83 ETH
92 640 $
|
27 | 0.0% | ||||
25 |
Sword of Grandia
Ethereum
|
0,40 ETH
1 237,57 $
|
33.0% |
199,50 ETH
618 786 $
|
26,48 ETH
82 123 $
|
68 | 6.1% | ||||
26 |
IO: Imaginary Ones
Ethereum
|
0,54 ETH
1 689,52 $
|
9.6% |
4 835 ETH
15 016 412 $
|
24,64 ETH
76 532 $
|
47 | 1.4% | ||||
27 |
Persona
Ethereum
|
0,23 ETH
698,67 $
|
17.2% |
1 997 ETH
6 200 680 $
|
24,38 ETH
75 712 $
|
106 | 0.5% | ||||
28 |
Lasogette
Ethereum
|
0,30 ETH
922,40 $
|
10.0% |
2 300 ETH
7 142 163 $
|
22,95 ETH
71 267 $
|
76 | 0.4% | ||||
29 |
Wolf Game
Ethereum
|
0,15 ETH
465,55 $
|
25.1% |
1 919 ETH
5 960 427 $
|
22,15 ETH
68 804 $
|
110 | 0.3% | ||||
30 |
Pixelmon Trainers - Generation 1
Ethereum
|
0,25 ETH
790,47 $
|
15.9% |
1 785 ETH
5 533 322 $
|
18,61 ETH
57 676 $
|
76 | 1.2% | ||||
31 |
QBX Founders Key
Ethereum
|
1,08 ETH
3 331,36 $
|
0.0% |
954,60 ETH
2 958 251 $
|
17,84 ETH
55 285 $
|
18 | 0.9% | ||||
32 |
Bored Ape Kennel Club
Ethereum
|
0,43 ETH
1 344,78 $
|
3.3% |
4 158 ETH
12 912 598 $
|
16,22 ETH
50 368 $
|
37 | 0.0% | ||||
33 |
L3E7 Worlds
Ethereum
|
3,79 ETH
11 781,10 $
|
7.4% |
2 276 ETH
7 068 658 $
|
14,83 ETH
46 050 $
|
4 | 0.6% | ||||
34 |
PalioAI Aura
Ethereum
|
0,32 ETH
1 000,05 $
|
11.4% |
1 073 ETH
3 333 155 $
|
14,33 ETH
44 520 $
|
47 | 0.4% | ||||
35 |
PX Quest
Ethereum
|
0,62 ETH
1 916,01 $
|
1.3% |
4 628 ETH
14 370 090 $
|
14,23 ETH
44 199 $
|
24 | 0.2% | ||||
36 |
PXQuest Adventurer
Ethereum
|
0,62 ETH
1 916,01 $
|
1.3% |
4 628 ETH
14 370 090 $
|
14,23 ETH
44 199 $
|
24 | 0.2% | ||||
37 |
Clone X
Ethereum
|
0,53 ETH
1 648,86 $
|
1.5% |
10 407 ETH
32 314 296 $
|
14,02 ETH
43 522 $
|
21 | 0.1% | ||||
38 |
Chimpers
Ethereum
|
0,27 ETH
838,45 $
|
1.1% |
1 500 ETH
4 657 586 $
|
13,94 ETH
43 303 $
|
55 | 0.1% | ||||
39 |
BEANZ Official
Ethereum
|
0,30 ETH
920,74 $
|
13.2% |
5 915 ETH
18 368 795 $
|
13,21 ETH
41 028 $
|
44 | 0.1% | ||||
40 |
TOPIA Worlds
Ethereum
|
1,14 ETH
3 540,12 $
|
46.3% |
11 399 ETH
35 397 654 $
|
13,15 ETH
40 832 $
|
14 | 0.1% | ||||
41 |
Sproto Gremlins
Ethereum
|
0,40 ETH
1 239,19 $
|
0.0% |
1 329 ETH
4 126 497 $
|
13,02 ETH
40 422 $
|
35 | 0.1% | ||||
42 |
Muraqqa
Ethereum
|
4,50 ETH
13 943,72 $
|
12.8% |
499,50 ETH
1 547 752 $
|
12,79 ETH
39 631 $
|
4 | 3.8% | ||||
43 |
Wolf Game - Genesis Land
Ethereum
|
0,062 ETH
192,52 $
|
6.9% |
1 238 ETH
3 845 240 $
|
12,44 ETH
38 638 $
|
68 | 0.1% | ||||
44 |
Band Bears
Ethereum
|
5,99 ETH
18 568,81 $
|
9.2% |
6 960 ETH
21 576 960 $
|
12,21 ETH
37 851 $
|
2 | 0.2% | ||||
45 |
Land
Ethereum
|
0,062 ETH
192,17 $
|
6.9% |
1 238 ETH
3 838 254 $
|
12,14 ETH
37 618 $
|
63 | 0.1% | ||||
46 |
Checks - VV Edition
Ethereum
|
0,23 ETH
700,03 $
|
4.2% |
1 213 ETH
3 766 175 $
|
11,98 ETH
37 203 $
|
54 | 0.3% | ||||
47 |
Mavia Land
Ethereum
|
0,19 ETH
589,68 $
|
8.6% |
1 899 ETH
5 896 759 $
|
11,31 ETH
35 117 $
|
54 | 0.4% | ||||
48 |
Early Retired Cats Club
Ethereum
|
0,33 ETH
1 035,25 $
|
11.8% |
643,08 ETH
1 998 035 $
|
11,14 ETH
34 610 $
|
35 | 0.3% | ||||
49 |
Travel Tiger Club Official
Ethereum
|
2,29 ETH
7 099,09 $
|
26.3% |
2 286 ETH
7 099 088 $
|
10,92 ETH
33 915 $
|
5 | 0.1% | ||||
50 |
TODAY - Ancient Seed
Ethereum
|
1,19 ETH
3 687,74 $
|
15.0% |
924,63 ETH
2 865 375 $
|
10,77 ETH
33 376 $
|
10 | 6.7% | ||||
51 |
Blond
Ethereum
|
2,67 ETH
8 280,59 $
|
3.5% |
42,72 ETH
132 489 $
|
10,47 ETH
32 471 $
|
4 | 0.0% | ||||
52 |
Bit Bears by Berachain
Ethereum
|
3,77 ETH
11 708,61 $
|
9.5% |
8 596 ETH
26 695 633 $
|
10,45 ETH
32 452 $
|
4 | 0.1% | ||||
53 |
Candy Collective: Genesis Collection
Ethereum
|
0,35 ETH
1 093,77 $
|
1.9% |
705,90 ETH
2 187 539 $
|
10,33 ETH
31 998 $
|
30 | 0.4% | ||||
54 |
Parallel Avatars
Ethereum
|
0,63 ETH
1 965,59 $
|
19.5% |
6 964 ETH
21 623 416 $
|
10,28 ETH
31 926 $
|
17 | 0.3% | ||||
55 |
Chromie Squiggle by Snowfro
Ethereum
|
5,15 ETH
15 994,52 $
|
3.2% |
51 469 ETH
159 849 250 $
|
10,14 ETH
31 492 $
|
2 | 0.0% | ||||
56 |
Overworld Incarna
Ethereum
|
0,97 ETH
3 011,41 $
|
6.2% |
5 819 ETH
18 068 490 $
|
8,71 ETH
27 050 $
|
11 | 0.2% | ||||
57 |
The Grapes
Ethereum
|
0,18 ETH
558,51 $
|
4.7% |
599,61 ETH
1 861 521 $
|
8,55 ETH
26 544 $
|
48 | 0.4% | ||||
58 |
Peplicator by Matt Furie
Ethereum
|
0,055 ETH
170,16 $
|
0.4% |
1 209 ETH
3 754 611 $
|
7,92 ETH
24 601 $
|
152 | 0.2% | ||||
59 |
Honey Comb
Ethereum
|
0,24 ETH
745,25 $
|
9.6% |
3 941 ETH
12 236 940 $
|
7,78 ETH
24 161 $
|
35 | 0.1% | ||||
60 |
Moonbirds
Ethereum
|
0,71 ETH
2 204,69 $
|
0.6% |
7 100 ETH
22 046 861 $
|
7,51 ETH
23 310 $
|
10 | 0.0% | ||||
61 |
World of Women
Ethereum
|
0,42 ETH
1 301,41 $
|
5.0% |
4 200 ETH
13 014 134 $
|
7,37 ETH
22 822 $
|
19 | 0.0% | ||||
62 |
The Potatoz
Ethereum
|
1,90 ETH
5 891,58 $
|
2.4% |
18 968 ETH
58 909 895 $
|
7,36 ETH
22 852 $
|
4 | 0.1% | ||||
63 |
Nobody
Ethereum
|
0,13 ETH
409,96 $
|
11.7% |
1 320 ETH
4 099 567 $
|
7,26 ETH
22 560 $
|
56 | 0.1% | ||||
64 |
CyberKongz
Ethereum
|
9,49 ETH
29 473 $
|
18.8% |
9 490 ETH
29 473 422 $
|
7,00 ETH
21 740 $
|
1 | 0.0% | ||||
65 |
Project Godjira Generation 2
Ethereum
|
0,28 ETH
867,08 $
|
2.5% |
932,57 ETH
2 889 981 $
|
6,99 ETH
21 656 $
|
28 | 0.2% | ||||
66 |
Overworld Key
Ethereum
|
7,49 ETH
23 227 $
|
16.8% |
726,53 ETH
2 252 974 $
|
6,63 ETH
20 560 $
|
1 | 1.3% | ||||
67 |
Opepen Edition
Ethereum
|
0,14 ETH
434,46 $
|
0.1% |
2 238 ETH
6 951 374 $
|
6,63 ETH
20 581 $
|
34 | 0.1% | ||||
68 |
Bursted Bubbles by Deblock
Ethereum
|
0,95 ETH
2 950,45 $
|
5.6% |
950,00 ETH
2 950 446 $
|
6,54 ETH
20 311 $
|
7 | 0.2% | ||||
69 |
Ninja Squad Official
Ethereum
|
0,19 ETH
595,99 $
|
9.0% |
1 705 ETH
5 296 567 $
|
6,44 ETH
20 002 $
|
35 | 0.1% | ||||
70 |
Pixels - Farm Land
Ethereum
|
1,37 ETH
4 253,23 $
|
2.2% |
6 860 ETH
21 266 137 $
|
6,17 ETH
19 117,84 $
|
4 | 0.3% | ||||
71 |
Nakamigos
Ethereum
|
0,086 ETH
268,46 $
|
1.4% |
1 723 ETH
5 350 129 $
|
6,14 ETH
19 066,01 $
|
53 | 0.1% | ||||
72 |
My Pet Hooligan
Ethereum
|
0,39 ETH
1 210,78 $
|
0.0% |
3 465 ETH
10 761 439 $
|
6,12 ETH
19 012,15 $
|
13 | 0.1% | ||||
73 |
Imaginary Rides
Ethereum
|
0,045 ETH
139,59 $
|
4.7% |
624,96 ETH
1 938 659 $
|
5,97 ETH
18 508,86 $
|
142 | 0.6% | ||||
74 |
SchizoPosters
Ethereum
|
0,64 ETH
1 978,35 $
|
3.5% |
3 538 ETH
10 987 764 $
|
5,89 ETH
18 303,63 $
|
9 | 0.7% | ||||
75 |
Ultiverse - Electric Sheep
Ethereum
|
0,85 ETH
2 648,88 $
|
0.1% |
5 970 ETH
18 542 154 $
|
5,88 ETH
18 267,61 $
|
7 | 0.1% | ||||
76 |
Otherdeed for Otherside
Ethereum
|
0,22 ETH
682,77 $
|
0.0% |
10 382 ETH
32 241 277 $
|
5,87 ETH
18 226,55 $
|
19 | 0.0% | ||||
77 |
CyberV
Ethereum
|
0,30 ETH
921,38 $
|
9.9% |
617,49 ETH
1 913 697 $
|
5,51 ETH
17 061,58 $
|
19 | 0.9% | ||||
78 |
FULL SEND METACARD NFT
Ethereum
|
0,30 ETH
928,36 $
|
11.6% |
2 990 ETH
9 283 639 $
|
5,46 ETH
16 968,15 $
|
12 | 0.0% | ||||
79 |
CALIVERSE Pioneer
Ethereum
|
0,17 ETH
540,33 $
|
20.9% |
870,00 ETH
2 701 670 $
|
5,35 ETH
16 617,75 $
|
30 | 1.0% | ||||
80 |
RTFKT Animus Egg 🥚
Ethereum
|
0,15 ETH
474,11 $
|
6.8% |
2 647 ETH
8 217 353 $
|
5,13 ETH
15 916,85 $
|
36 | 0.0% | ||||
81 |
Wolf Game - Farmer
Ethereum
|
0,060 ETH
186,27 $
|
32.7% |
704,27 ETH
2 186 414 $
|
5,09 ETH
15 795,79 $
|
69 | 0.5% | ||||
82 |
mfers
Ethereum
|
0,36 ETH
1 100,28 $
|
1.9% |
3 557 ETH
11 023 741 $
|
5,05 ETH
15 665,87 $
|
14 | 0.0% | ||||
83 |
Creepz by OVERLORD
Ethereum
|
5,75 ETH
17 857,97 $
|
0.0% |
59 524 ETH
184 865 751 $
|
4,90 ETH
15 218,10 $
|
2 | 0.1% | ||||
84 |
rektguy
Ethereum
|
0,35 ETH
1 090,23 $
|
0.2% |
3 095 ETH
9 609 312 $
|
4,82 ETH
14 974,48 $
|
12 | 0.1% | ||||
85 |
0xMahjong
Ethereum
|
0,17 ETH
527,05 $
|
0.0% |
255,00 ETH
790 574 $
|
4,76 ETH
14 757,38 $
|
32 | 0.0% | ||||
86 |
Yogurt Verse
Ethereum
|
0,92 ETH
2 850,72 $
|
2.3% |
294,40 ETH
912 229 $
|
4,54 ETH
14 064,25 $
|
5 | 0.3% | ||||
87 |
The Bakery Genesis
Ethereum
|
0,11 ETH
353,13 $
|
23.1% |
126,51 ETH
392 332 $
|
4,40 ETH
13 632,57 $
|
44 | 1.6% | ||||
88 |
Doodles
Ethereum
|
1,73 ETH
5 369,82 $
|
0.0% |
17 287 ETH
53 687 413 $
|
4,34 ETH
13 485,10 $
|
2 | 0.0% | ||||
89 |
The Anata NFT
Ethereum
|
0,85 ETH
2 639,41 $
|
13.9% |
1 695 ETH
5 262 983 $
|
4,21 ETH
13 072,86 $
|
6 | 0.1% | ||||
90 |
KILLABEARS
Ethereum
|
0,41 ETH
1 280,06 $
|
10.9% |
1 374 ETH
4 266 425 $
|
4,14 ETH
12 848,58 $
|
10 | 0.0% | ||||
91 |
Meridian by Matt DesLauriers
Ethereum
|
4,12 ETH
12 772,73 $
|
3.9% |
4 121 ETH
12 772 726 $
|
4,05 ETH
12 552,06 $
|
1 | 0.0% | ||||
92 |
CyberKongz (Babies)
Ethereum
|
0,84 ETH
2 608,82 $
|
2.4% |
3 360 ETH
10 435 269 $
|
3,74 ETH
11 608,93 $
|
5 | 0.2% | ||||
93 |
RG Bytes
Ethereum
|
0,34 ETH
1 055,66 $
|
0.0% |
1 700 ETH
5 277 267 $
|
3,68 ETH
11 425,40 $
|
11 | 0.1% | ||||
94 |
Probably Nothing Genesis
Ethereum
|
0,028 ETH
86,16 $
|
40.4% |
213,34 ETH
661 190 $
|
3,64 ETH
11 275,46 $
|
99 | 0.2% | ||||
95 |
Treeverse Plots
Ethereum
|
0,33 ETH
1 020,74 $
|
5.7% |
3 428 ETH
10 636 084 $
|
3,40 ETH
10 556,42 $
|
11 | 0.1% | ||||
96 |
Wolf Game - Wool Pouch
Ethereum
|
0,009 ETH
27,96 $
|
2.3% |
167,14 ETH
519 254 $
|
3,40 ETH
10 548,55 $
|
39 | 0.1% | ||||
97 |
Mutant Hounds
Ethereum
|
0,069 ETH
215,09 $
|
1.0% |
517,60 ETH
1 606 485 $
|
3,38 ETH
10 488,30 $
|
49 | 0.0% | ||||
98 |
XocietyFrontier
Ethereum
|
0,097 ETH
302,61 $
|
4.8% |
381,32 ETH
1 183 496 $
|
3,18 ETH
9 875,33 $
|
20 | 0.6% | ||||
99 |
FLUF World
Ethereum
|
0,47 ETH
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4 725 ETH
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KIP Protocol Genesis Pass
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0,063 ETH
197,00 $
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246,88 ETH
765 949 $
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3,07 ETH
9 533,88 $
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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.