Convert NFT NFT to Dai DAI
NFT to DAI: 1 NFT converts to 0.0025 DAI as of December 21 at 4:40 AM
About NFT and DAI
NFT is falling, while Dai is climbing this week. The current NFT to DAI conversion rate is 0.0025. Inversely, this means that if you convert 1 DAI you will get 397.24 NFT. The conversion rate of NFT/DAI has decreased by 0% in the last hour (DAI/NFT increased by 0%). In the last 24 hours, NFT/DAI shrunk by 0.09%, while DAI/NFT grew by the same amount.
The exchange rate of NFT is decreasing. The current value of 1 NFT is 0.0025 DAI. In other words, to buy 5 NFT, it would cost you 0.0126 DAI. Inversely, 1 DAI would allow you to trade for 397.24 NFT while 50 DAI would convert to 19,861.92 NFT, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 162.92%. Meanwhile, in the last 24 hours, the rate has changed by 0.29%, and that the highest exchange rate of 1 NFT to DAI was 0.0025 DAI and the lowest 24 hour value was 1 NFT for 0.0025 DAI. Last month, 1 NFT was worth 0.0043 DAI. Today, it's down 69.71%. Looking back a year, NFT has changed by 0.0038 DAI. That means that in a single year, the value of NFT has shrank by 50.73%.
NFT Market Stats
The NFT Protocol Token (ticker: $NFT) will be a utility token enabled on the Blockparty platform. $NFT is designed as a decentralized protocol that intends to establish liquidity for non-fungible digital assets (“NFT’s”). Staking contracts should enable NFT sellers to offer their assets for deferred exchange. During the deferral period, miners could establish NFT index contract prices based on the NFT’s synthetic demand and supply, enabling price discovery prior to transaction with the final buyers. Thus, the protocol is designed to enable trustless, transparent, and frictionless pricing and exchange. NFT is an upgrade of the already existing Blockparty BOXX token.
Dai Market Stats
Dai (DAI) is a decentralized stablecoin running on Ethereum (ETH) that attempts to maintain a value of $1.00 USD. Unlike centralized stablecoins, Dai isn't backed by US dollars in a bank account. Instead, it’s backed by collateral on the Maker platform. Note: if the Dai credit system is upgraded or shutdown, Dai holders may need to convert their Dai to Ethereum through the Maker platform. Read more at makerdao.com/whitepaper.