Thursday, March 28, 2024
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Is Justin Bieber’s Ape Really Worth $59,000? How to Value NFTs Using Rarity, Floor Price

“Rarity traits refer to unique characteristics of an NFT, such as limited edition releases, exclusive features or special attributes,” Oliver Cohen, president of NFT analytics tool Inspect, told CryptoX. “These traits contribute to the perceived scarcity and desirability of an NFT, which can affect its value.” Source

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OpenSea revises NFT rarity ranking protocol after community feedback

While giving rarity ranks to nonfungible tokens (NFTs) on a marketplace may help collectors decide on whether to purchase NFTs or not, some argue that ranking NFTs may do more harm than good. In a tweet, an NFT investor pointed out several issues surrounding OpenRarity, the new rarity ranking protocol implemented

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SharkRace Club – the World’s First NFT project with Rarity Upgrade Platform and Play-to-Earn 3D Game

SharkRace Club project developers have implemented the latest technologies to provide maximum value and incredible experience for the SharkRace Club members. The platform embraces high-quality NFTs and play-to-earn 3D Metaverse Game, offering so much fun for players. BSC Blockchain and Built-In Wallet The SharkRace Club project is built on the BSC blockchain.

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