What is an NFT collection?

An NFT collection is simply a group of NFTs in a particular project. You can view the top-ranked NFT collections on marketplaces like Opensea, Rarible, Superrare and more.

What is Opensea?


OpenSea.io is the first and largest peer-to-peer selling platform for crypto goods (imagine it like eBay for cryptoassets), which includes collectibles, gaming items, and other virtual goods backed by the blockchain. On OpenSea, anyone can buy or sell these items using smart contracts. OpenSea.io does a great job of providing consumers with a wealth of information and data about NFT collections. They provide information such as trust scores, creation date, offers, and sales volume. This helps consumers make informed decisions when purchasing NFTs.

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The 8 Categories of NFT

What makes an NFT valuable?

There are a ton of reasons to buy an NFT… Let’s look at 5 of them:

1. Uniqueness – Each NFT is unique, the only one of its kind. It is impossible to create another NFT with the same serial number on the same smart contract. Everything is verified by the blockchain and can be seen by everyone.

2. Copyright – Your NFT may come with a copyright if you use Mintable.app. If the seller chooses to do so – it means that the owner of that Token on the Blockchain will have full commercial copyright to use that image and asset.

3. Scarcity – Because they are unique and cannot be copied, they are scarce. Most of the time, there are very few NFTs from an artist or seller. Therefore, you can safely assume that you will be one of the few people in the world to own a collectible that can then be resold.

4. Collectible – Many people see NFTs as a way to collect digital goods. You can keep them and their value will only increase since there are few ways to dilute the collection. Buying them for resale can make you thousands of dollars. Many people manage to make a living from this activity.

5. Downloadable – If it is on Mintable.app, only the current owner of the NFT can download the file attached to it. This makes it unlockable for the owner. If your NFT contains something like game resources, music, a PDF, or more, you might want to purchase the NFT just to download its content (song/ PDF/ etc).

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