FAQs
How do you know how much an NFT is worth? ›
Ownership History – An NFT's worth depends on its issuer and prior owners. Tokens developed by notable people or companies have high ownership historical value. Influential people's NFTs may be resold to build traction. Social proof – Social validation linked with an NFT's project determines its worth.
What is the record sale price for NFT? ›1- The Merge – $91 800 000
The artwork “The Merge” is an NFT sold for the outrageous sum of $ 91.8 Million via Nifty Gateway.
NFT Stats on Average Revenue Per User
The average revenue per NFT user (ARPU) started from a modest US$2.5 and plummeted in 2019. It then soared to over US$150 in 2021. However, the ARPU experienced a noticeable decline in 2022, dropping to US$86.6.
Amount | Today at 4:53 am |
---|---|
50 USD | 10,640.99 NFT |
100 USD | 21,281.98 NFT |
500 USD | 106,409.91 NFT |
1,000 USD | 212,819.81 NFT |
NFTs that do not belong to a set are inherently rare since no others are like them. NFT collections generally use a trait system to indicate the rarity of each NFT. The collection's popularity can tell you more about an NFT's value than NFT rarity rankings.
What is the rarest NFT? ›As of April 2024, the most expensive NFT in the world is The Merge, the NFT collection created by digital artist PAK. The most expensive NFT was sold for $91.8 million. Most recently, the CryptoPunk #3100 NFT was sold for 4,500 Ether, worth over $16 million in March 2024.
What kind of NFT sells best? ›Some of the types of NFTs that sell best include: Digital Art: High-quality digital artworks, including illustrations, animations, and digital paintings, created by renowned or emerging artists.
What is a reasonable price for an NFT? ›It's perfectly reasonable for artists to start selling NFTs at a couple hundred dollars and see where that takes them. As an emerging artist, it's always better to start lower and then raise your prices rather than starting high and having to lower them. The idea is to build loyalty and create interest.
How to track NFT volume? ›An incredibly efficient way of keeping tabs on specific NFTs or niches within the NFT market is using an NFT tracker. This device serves as a great resource, making sure you stay up-to-date with your hottest collection in town or how your customers are behaving. An NFT tracker helps you never miss a beat.
What is the average income for NFT? ›As of Sep 6, 2024, the average hourly pay for a Nft Artist in the United States is $24.65 an hour. While ZipRecruiter is seeing hourly wages as high as $40.38 and as low as $9.13, the majority of Nft Artist wages currently range between $17.55 (25th percentile) to $27.88 (75th percentile) across the United States.
What are NFTs worth today? ›
Amount | Today at 2:40 am |
---|---|
0.5 NFT | $0.0023 |
1 NFT | $0.0047 |
5 NFT | $0.0235 |
10 NFT | $0.0470 |
Amount | Today at 1:31 pm | 24 hours ago |
---|---|---|
1 NFT | NGN 7.71 | NGN 7.71 |
5 NFT | NGN 38.56 | NGN 38.56 |
10 NFT | NGN 77.13 | NGN 77.13 |
50 NFT | NGN 385.64 | NGN 385.64 |
Amount | Today at 2:40 am |
---|---|
10 USD | 2,128.20 NFT |
50 USD | 10,640.99 NFT |
100 USD | 21,281.98 NFT |
500 USD | 106,409.91 NFT |
How much do NFTs sell for? The average price of an NFT can vary anywhere from $100 to $1,400, depending on its scarcity, utility, and popularity. Additionally, fluctuations in the value of the underlying cryptocurrency may impact a non-fungible token's price.
What is the average value of an NFT? ›The Majority of NFTs Sell for Less Than $200
According to research shared by NonFungible.com, the average price of NFTs was about $150 per NFT for Q3 2022. Creating and selling an NFT, also known as "minting," typically incurs a cost ranging from $70 to $150, and sometimes even more.