De största NFT-samlingarna på Polygon POS rankade efter 24h handelsvolym
# | NFT | Minimipris | 24h% | Senaste 7 dagarna | Börsvärde | Volym 24 h | Försäljning 24h | Ägare senaste 24h | |||
---|---|---|---|---|---|---|---|---|---|---|---|
1 |
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Sunflower Land Collectibles
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0 ETH
0,00 kr
|
0.0% |
|
0 ETH
0,00 kr
|
0,79 ETH
2 457,77 $
|
43 362 | 0.0% | ||
2 |
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Trump Digital Trading Cards Series 2
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0,023 ETH
70,64 $
|
1.7% |
|
1 062 ETH
3 320 215 $
|
0,21 ETH
668,61 $
|
10 | 0.0% | ||
3 |
|
Lens Protocol Profiles
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0,0003 ETH
1,032 $
|
0.0% |
|
42,43 ETH
132 646 $
|
0,21 ETH
660,03 $
|
400 | 0.5% | ||
4 |
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Pluto
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0,080 ETH
250,10 $
|
6.7% |
|
357,56 ETH
1 111 455 $
|
0,16 ETH
491,14 $
|
3 | 0.0% | ||
5 |
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Galaxy OAT
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0,0000 ETH
0,00048159 $
|
4.1% |
|
3,58 ETH
11 186,74 $
|
0,15 ETH
466,03 $
|
429 | 0.0% | ||
6 |
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MyCryptoHeroes:Hero
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0,0001 ETH
0,226687 $
|
2.9% |
|
6,75 ETH
21 089 $
|
0,12 ETH
367,29 $
|
31 | 0.0% | ||
7 |
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MyCryptoHeroes:Extension
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0,0001 ETH
0,227215 $
|
2.8% |
|
6,75 ETH
21 138 $
|
0,12 ETH
368,16 $
|
31 | 0.0% | ||
8 |
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Drill Club
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0,007 ETH
21,18 $
|
2.8% |
|
47,16 ETH
147 620 $
|
0,11 ETH
354,46 $
|
6 | 0.2% | ||
9 |
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Mr. Crypto by Racksmafia
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0,014 ETH
42,05 $
|
21.5% |
|
135,00 ETH
420 529 $
|
0,11 ETH
331,13 $
|
10 | 0.0% | ||
10 |
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Decentral Games ICE Poker
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0,029 ETH
90,62 $
|
3.5% |
|
510,69 ETH
1 596 368 $
|
0,099 ETH
307,90 $
|
3 | 0.0% | ||
11 |
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League of Kingdoms Skin
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0,004 ETH
11,66 $
|
7.8% |
|
32,17 ETH
100 060 $
|
0,049 ETH
153,41 $
|
9 | 0.0% | ||
12 |
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Chicken Derby
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0,010 ETH
30,88 $
|
4.4% |
|
311,06 ETH
967 726 $
|
0,049 ETH
151,15 $
|
5 | 0.0% | ||
13 |
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Embersword Land
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0,037 ETH
114,29 $
|
2.9% |
|
321,62 ETH
1 001 842 $
|
0,037 ETH
116,72 $
|
1 | 0.0% | ||
14 |
|
League of Kingdoms ITEM
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0,0000 ETH
0,02815265 $
|
38.4% |
|
5,14 ETH
16 004,05 $
|
0,037 ETH
115,86 $
|
245 | 0.1% | ||
15 |
|
Unity Cards
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0,010 ETH
29,51 $
|
0.0% |
|
73,88 ETH
229 477 $
|
0,033 ETH
102,19 $
|
- | 0.1% | ||
16 |
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Sunflower Land
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0,0000 ETH
0,121427 $
|
12.5% |
|
7,95 ETH
24 823 $
|
0,032 ETH
99,98 $
|
9 | 0.0% | ||
17 |
|
League of Kingdoms Package
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0,004 ETH
13,11 $
|
4.3% |
|
11,28 ETH
35 074 $
|
0,032 ETH
98,01 $
|
4 | 0.2% | ||
18 |
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CryptoGoros
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0,032 ETH
98,48 $
|
0.0% |
|
28,26 ETH
88 337 $
|
0,030 ETH
93,79 $
|
1 | 0.9% | ||
19 |
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Foustlings x Reddit Collectible Avatars
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0,025 ETH
77,75 $
|
0.0% |
|
43,57 ETH
136 218 $
|
0,025 ETH
77,75 $
|
1 | 0.0% | ||
20 |
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Celestial Assembly x Reddit Collectible Avatars
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0,020 ETH
61,94 $
|
10.6% |
|
34,39 ETH
107 034 $
|
0,022 ETH
68,48 $
|
1 | 0.1% | ||
21 |
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Planet IX - Assets
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0,0000 ETH
0,00049426 $
|
2.8% |
|
0,0000 ETH
0,03113815 $
|
0,013 ETH
40,48 $
|
27 170 | 0.0% | ||
22 |
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Crypto Unicorns: Items Marketplace
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0,0001 ETH
0,283861 $
|
0.0% |
|
0,015 ETH
47,12 $
|
0,012 ETH
39,03 $
|
10 | 0.0% | ||
23 |
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PipeFlare Pyro Collection
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0,003 ETH
10,15 $
|
4.2% |
|
32,66 ETH
101 493 $
|
0,010 ETH
31,44 $
|
3 | 0.0% | ||
24 |
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REVV Motorsport Inventory
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0,0005 ETH
1,39 $
|
0.0% |
|
78,32 ETH
242 680 $
|
0,006 ETH
19,43 $
|
- | 0.0% | ||
25 |
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DeRace Horses
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0,004 ETH
13,74 $
|
11.8% |
|
41,34 ETH
129 389 $
|
0,004 ETH
12,90 $
|
1 | 0.1% | ||
26 |
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Donsy
![]() |
0,001 ETH
4,03 $
|
2.8% |
|
12,89 ETH
40 280 $
|
0,003 ETH
10,07 $
|
1 | 0.0% | ||
27 |
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G-Bots by GAMEE
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0,0008 ETH
2,51 $
|
2.9% |
|
5,73 ETH
17 837,38 $
|
0,002 ETH
5,55 $
|
1 | 0.0% | ||
28 |
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The Sandbox's ASSETs (Polygon)
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0,0000 ETH
0,04845817 $
|
2.6% |
|
0 ETH
0,00 kr
|
0,002 ETH
4,96 $
|
20 | 1.1% | ||
29 |
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Pegaxy|Pega
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0,0002 ETH
0,503504 $
|
94.4% |
|
87,19 ETH
272 472 $
|
0,0009 ETH
2,79 $
|
7 | 0.1% | ||
30 |
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TOWER Inventory
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0,0000 ETH
0,02014993 $
|
2.9% |
|
0,0002 ETH
0,544048 $
|
0,0000 ETH
0,066192 $
|
1 | 0.8% | ||
31 |
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Neon District Season One Item
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0,0000 ETH
0,01514765 $
|
2.8% |
|
14,70 ETH
46 052 $
|
0,0000 ETH
0,02521826 $
|
1 | 0.0% | ||
32 |
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SmurfTickets
![]() |
0,002 ETH
5,12 $
|
0.0% |
|
8,22 ETH
25 581 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
33 |
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y00ts
![]() |
0,53 ETH
1 649,69 $
|
13.1% |
|
6 556 ETH
20 404 957 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
34 |
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TheRedVillageChampions
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0,014 ETH
42,78 $
|
0.7% |
|
151,19 ETH
470 593 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
35 |
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Samsung MX1 GENESIS EDITION
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0,002 ETH
6,27 $
|
14.7% |
|
35,34 ETH
110 744 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
36 |
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Crypto Raiders Characters
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0,0005 ETH
1,51 $
|
9.1% |
|
33,18 ETH
103 967 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
37 |
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NEWKINOERC1155
![]() |
0,009 ETH
28,19 $
|
0.0% |
|
0,045 ETH
140,93 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
38 |
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Eva Hoverboard
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0,002 ETH
5,50 $
|
2.8% |
|
17,59 ETH
55 095 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
39 |
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Artvatars
![]() |
0,013 ETH
42,25 $
|
0.0% |
|
90,70 ETH
283 880 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
40 |
![]() |
Meme Team x Reddit Collectible Avatars
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0,003 ETH
8,98 $
|
2.4% |
|
1 944 ETH
6 083 352 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
41 |
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Pegaxy|PFP
![]() |
0,002 ETH
5,04 $
|
2.8% |
|
5,95 ETH
18 614,11 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
42 |
![]() |
Natsukashii x Reddit Collectible Avatars
![]() |
0,013 ETH
40,69 $
|
5.8% |
|
16,91 ETH
52 936 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
43 |
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CryptoAvatars
![]() |
0,14 ETH
438,18 $
|
0.0% |
|
81,34 ETH
254 585 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
44 |
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Crypto Unicorns
![]() |
0,001 ETH
4,23 $
|
0.0% |
|
246,88 ETH
772 759 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
45 |
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DustlandDisk
![]() |
0,001 ETH
4,43 $
|
0.0% |
|
0,017 ETH
53,19 $
|
0 ETH
0,00 kr
|
- | 0.4% | ||
46 |
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Planet IX - Gravity Grade
![]() |
0,0001 ETH
0,403424 $
|
2.8% |
|
0,003 ETH
8,88 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
47 |
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Hiro
![]() |
0,67 ETH
2 097,16 $
|
0.0% |
|
144,05 ETH
450 889 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
48 |
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Dustland Promo
![]() |
0,0000 ETH
0,075651 $
|
2.8% |
|
0,0000 ETH
0,075651 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
49 |
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Emblem Vault V2
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0,005 ETH
15,65 $
|
100.0% |
|
30,11 ETH
94 247 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
50 |
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adidas for Prada Re-Source
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0,010 ETH
32,73 $
|
2.8% |
|
31,73 ETH
99 165 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
51 |
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HEAD5
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0,016 ETH
50,00 $
|
5.3% |
|
54,24 ETH
169 493 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
52 |
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HOK Main
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0,001 ETH
3,12 $
|
0.0% |
|
9,68 ETH
30 255 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
53 |
![]() |
Karmaverse Zombie Box
![]() |
0,0003 ETH
1,049 $
|
1.9% |
|
5,50 ETH
17 193,91 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
54 |
![]() |
GFCGenesisWeapon
![]() |
0,0005 ETH
1,51 $
|
2.8% |
|
0,038 ETH
119,33 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
55 |
![]() |
SnookNFT
![]() |
0,0000 ETH
0,050350 $
|
2.8% |
|
3,94 ETH
12 311,48 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
56 |
![]() |
ZeptoLabsOmNom
![]() |
0,005 ETH
15,10 $
|
3.0% |
|
9,66 ETH
30 198 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
57 |
![]() |
TRACERSHOE
![]() |
0,013 ETH
40,28 $
|
2.8% |
|
260,70 ETH
814 670 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
58 |
![]() |
Spooky Season: poieeeyee x Reddit Collectible Avatars
![]() |
0,005 ETH
15,62 $
|
0.0% |
|
9,07 ETH
28 343 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
59 |
![]() |
5 Boro Bodega x Reddit Collectible Avatars
![]() |
0,021 ETH
66,87 $
|
0.0% |
|
22,66 ETH
70 818 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
60 |
![]() |
Spooky Season: Rojom x Reddit Collectible Avatars
![]() |
0,012 ETH
36,26 $
|
0.0% |
|
23,42 ETH
73 207 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
61 |
![]() |
Cross the Ages - Arkhante Booster Premium Pack
![]() |
0,11 ETH
338,83 $
|
0.0% |
|
558,25 ETH
1 744 966 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
62 |
![]() |
FancyBirds
![]() |
0,001 ETH
3,47 $
|
4.1% |
|
9,88 ETH
30 877 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
63 |
![]() |
Riot Racers Gas Stations
![]() |
3,33 ETH
10 418,22 $
|
0.0% |
|
66,66 ETH
208 364 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
64 |
![]() |
Imagination Station x Reddit Collectible Avatars
![]() |
0,010 ETH
31,26 $
|
0.0% |
|
17,73 ETH
55 420 $
|
0 ETH
0,00 kr
|
0 | 0.1% | ||
65 |
![]() |
cryptokhat
![]() |
0,39 ETH
1 224,29 $
|
0.0% |
|
3 915 ETH
12 242 856 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
66 |
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DustlandGearAssets
![]() |
0,001 ETH
4,53 $
|
2.9% |
|
0,28 ETH
879,54 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
67 |
![]() |
The Singularity x Reddit Collectible Avatars
![]() |
0,001 ETH
3,53 $
|
1.7% |
|
1 828 ETH
5 715 738 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
68 |
![]() |
Go2E Sneaker
![]() |
0,0000 ETH
0,125937 $
|
2.9% |
|
9,61 ETH
30 031 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
69 |
![]() |
The Senses x Reddit Collectible Avatars
![]() |
0,030 ETH
93,75 $
|
0.0% |
|
39,05 ETH
122 058 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
70 |
![]() |
ICE Poker Tournament Wearables
![]() |
0,0001 ETH
0,241682 $
|
0.5% |
|
6,88 ETH
21 495 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
71 |
![]() |
Etihad Airways: Mission Impossible Livery
![]() |
0,10 ETH
312,64 $
|
0.0% |
|
30,00 ETH
93 791 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
72 |
![]() |
Blokpax Razz
![]() |
0,008 ETH
25,01 $
|
0.0% |
|
0 ETH
0,00 kr
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
73 |
![]() |
League of Kingdoms GOODS
![]() |
0,0005 ETH
1,45 $
|
2.9% |
|
3,91 ETH
12 221,44 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
74 |
![]() |
Crypto Raiders MOBS
![]() |
0,0008 ETH
2,52 $
|
2.9% |
|
10,12 ETH
31 642 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
75 |
![]() |
Unicorn Farm
![]() |
0,023 ETH
70,66 $
|
0.9% |
|
889,94 ETH
2 782 288 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
76 |
![]() |
Gas Hero Coupon
![]() |
0,019 ETH
58,44 $
|
2.9% |
|
686,47 ETH
2 146 157 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
77 |
![]() |
The Wolfpack Finance
![]() |
0,11 ETH
327,08 $
|
0.0% |
|
525,00 ETH
1 635 389 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
78 |
![]() |
Chumbi Valley Founders Collection
![]() |
0,0006 ETH
1,87 $
|
0.0% |
|
0,010 ETH
31,77 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
79 |
![]() |
Polypunk
![]() |
0,002 ETH
5,61 $
|
0.0% |
|
18,00 ETH
56 059 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
80 |
![]() |
Ethlings
![]() |
0,001 ETH
3,12 $
|
0.0% |
|
7,75 ETH
24 145 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
81 |
![]() |
Cool Cats x Reddit Collectible Avatars
![]() |
0,003 ETH
8,10 $
|
0.0% |
|
7,86 ETH
24 483 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
82 |
![]() |
Infinite Moments
![]() |
0,0001 ETH
0,311503 $
|
0.0% |
|
0,28 ETH
860,68 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
83 |
![]() |
ApeironPlanet
![]() |
0,12 ETH
373,77 $
|
0.0% |
|
890,57 ETH
2 774 136 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
84 |
![]() |
Visitor
![]() |
0,009 ETH
28,36 $
|
2.9% |
|
99,99 ETH
311 473 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
85 |
![]() |
Crypto Raiders Mounts
![]() |
0,004 ETH
12,46 $
|
14.3% |
|
14,62 ETH
45 529 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
86 |
![]() |
Trump Digital Trading Cards
![]() |
0,10 ETH
311,50 $
|
0.0% |
|
4 500 ETH
14 017 621 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
87 |
![]() |
BCCG
![]() |
0,15 ETH
450,37 $
|
3.3% |
|
8,41 ETH
26 122 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
88 |
![]() |
MetaSoccer // Youth Scouts
![]() |
0,002 ETH
7,42 $
|
0.0% |
|
23,20 ETH
72 051 $
|
0 ETH
0,00 kr
|
0 | 0.1% | ||
89 |
![]() |
OpenSea Collections
![]() |
0,015 ETH
46,59 $
|
0.0% |
|
1,83 ETH
5 684,00 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
90 |
![]() |
Mocaverse Realm Ticket
![]() |
0,001 ETH
3,32 $
|
19.6% |
|
0,001 ETH
3,32 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
91 |
![]() |
Sunflower Land Frogs Collection
![]() |
0,002 ETH
7,40 $
|
0.0% |
|
0,005 ETH
14,81 $
|
0 ETH
0,00 kr
|
- | 98.8% | ||
92 |
![]() |
Hero Galaxy: Artifacts
![]() |
0,003 ETH
9,05 $
|
0.0% |
|
98,69 ETH
307 856 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
93 |
![]() |
Bitcoin Bear Club
![]() |
0,010 ETH
30,99 $
|
0.0% |
|
10,24 ETH
31 731 $
|
0 ETH
0,00 kr
|
- | 0.0% | ||
94 |
![]() |
Galxe
![]() |
0,0001 ETH
0,379188 $
|
4.4% |
|
30,10 ETH
93 637 $
|
0 ETH
0,00 kr
|
0 | 0.0% | ||
95 |
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Unidentified contract - xxOVt9BVuQ
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0,0008 ETH
2,47 $
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3.7% |
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0,005 ETH
14,84 $
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0 ETH
0,00 kr
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0 | 0.0% | ||
96 |
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DEFYPGGenesisMask
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0,004 ETH
12,44 $
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0.0% |
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1,74 ETH
5 409,95 $
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0 ETH
0,00 kr
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0 | 0.0% | ||
97 |
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OYABUN cyber-yakuza
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0,022 ETH
68,17 $
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6.5% |
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0 ETH
0,00 kr
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0 ETH
0,00 kr
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0 | 0.0% | ||
98 |
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Drip Squad x Reddit Collectible Avatars
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0,001 ETH
4,45 $
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4.1% |
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669,95 ETH
2 075 558 $
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0 ETH
0,00 kr
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99 |
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Polka Fantasy Land
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0,004 ETH
12,24 $
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0.0% |
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14,83 ETH
46 069 $
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0 ETH
0,00 kr
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0 | 0.0% | ||
100 |
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Marines & Aliens Game
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0,0009 ETH
2,92 $
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4.4% |
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25,86 ETH
80 747 $
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0 ETH
0,00 kr
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0 | 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-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.