The OpenRarity project was a collaborative project between various NFT community entities, including Curio, icy.tools, OpenSea and Proof. With thousands of

OpenSea implements a new protocol that ranks NFT rarity – Cointelegraph

2 Jun 2021 by Nicole Celestine, Ph.D. Scientifically reviewed by Melissa Madeson, Ph.D. Assessment tools remain a cornerstone of many professions centering around the human mind. Typically, these assessments invite clients to respond to questions about ...

12 Most Reliable Mental Health Assessment Tools

Snow accumulations and icy roads led to accidents and cancelled events as winter made an early appearance this week, but warmer temperatures are on the way.

Early season cold snap brings a chill, but warmer temps are on the way

Scientists are getting an ever-clearer picture of the undersides of deteriorating glaciers. It’s not looking good.

If You Didn’t Care About Antarctica’s Icy Belly, You Will Now

If it slides, it counts, right? This is East Coast powder skiing at its finest. Make sure to click the arrows to see the video in the slide show. You can receive a video like this in a couple of ways: confusion (maybe bordering on disgust -- some people prefer to, y'know, not ski on roads), commiseration, or admiration.

East Coast Skiers Make First "Turns" Of The Season On Icy Road

Thus, I wasn't particularly surprised when I stumbled across the following video documenting a crew of skiers making the first "turns" of the East Coast winter on an icy road. If it slides, it counts, right? This is East Coast powder skiing at its finest. Make sure to click the arrows to see the video in the slide show.

The Kirchner family, which includes two of the last four presidents in Argentina, have ruled with dominance for decades here in the icy southern province of Santa Cruz, a region they call home, where they own land,

In Argentina's icy south, a political dynasty fades and a new power rises

Alicia Kirchner, an elder of Argentina's most powerful political dynasty, recalls with fondness helping build homes, schools and the first hospital in Rio Gallegos, a small city in the country's windswept Patagonian south.

Icy Tools

icy-tools

Lead image: A crypto skill tree prototype via The Graph Dear HackerNoon Nation, In some of my past posts, I’ve riffed on the idea of the “NFT skill tree.” It’s all the skill sets you can learn from advancing through all the main categories of NFT activity right now. I thought it’d be neat to map the branches of what a contemporary NFT skill tree could look like, so for today’s post I’ve come up with 21 main areas of interest as developed from Alex Gedevani’s excellent . NFT Verticals spreadsheet Can you max out your skill tree? You hardly have to — even just gaining competency in these branches will position you well as NFTs become more important in the years ahead. half All that said, let’s walk through what these 21 main skill branches are and some of the main projects you can explore in each of them! -WMP 1. Analytics provide easy-to-use interfaces for discovering actionable NFT insights, like mispriced listings, and for understanding NFT activity flows, like trade volume metrics. NFT analytics resources Examples of skills to learn: Comparing 24 Hour, 7 Day, and 30 Day floor price stats for major collections on Flips Setting up custom mint alerts for your browser on icy.tools Reading the Lucky Listings UI to find mispriced NFTs on Lucky Trader Reviewing a specific wallet’s history using the NFT Wallet Profiler on Nansen Studying what specific NFT communities are collecting at any given time on Watchtower 2. Art https://twitter.com/reneil1337/status/1591030719148888069?s=20&t=Z1OAWrD0nmgDfv2va5rBDw?embedable=true now make up a major part of the NFT ecosystem. These projects provide infrastructure that make it easier for artists to mint and share their works with a growing global community of digital collectors. Artist-focused platforms Examples of skills to learn: Collecting digital art you enjoy on art platforms like , , and Art Blocks Foundation SuperRare Generating art for large collections via (Blueprints) or Async Art Bueno Minting your own 1/1 or editioned artworks with or Manifold Zora 3. Borrowing / Lending let borrowers get fixed-period loans against their NFTs while letting lenders earn yield or liquidated NFTs. At the crossroads of DeFi and NFTs, these sorts of projects have seen an explosion of interest in recent times. NFT borrowing and lending protocols Examples of skills to learn: Collateralizing an NFT to field loan offers on NFTfi Depositing ETH into the reserve pool to earn yield on BendDAO Making a lending offer on or Arcade Sodium 4. Community Resources are projects that help streamline activities like community discovery and community management. Community resources Examples of skills to learn: Automating membership management for your NFT community with Guild Customizing a community treasury on Juicebox Discovering the actions, like votes or mints, your wallet can do via Daylight Setting up a token-gated forum for your NFT community with Collective Preparing an allowlist on Premint 5. Content Collectives are decentralized groups that coordinate creatively to propagate a brand, story, or narrative universe. For instance, Nouns DAO members vote on how the project’s treasury should be used to support “Nounish” brand efforts. Content collectives Examples of skills to learn: Submitting a proposal to create Nounish content for Nouns DAO via Prop House 6. Curation help artists, collectors, curators, and casual users alike organize NFTs into galleries for events, scholarship efforts, and beyond. In elevating NFTs beyond merely financial concerns, curation generates cultural value for NFTs. Curation platforms and protocols Examples of skills to learn: Curating an exhibition of your favorite NFTs via , , or (Disclosure: I contribute to JPG!) Deca Gallery JPG 7. Gaming in the NFT ecosystem use NFTs to facilitate asset ownership and in-game economies. While the main goal of any game is to be fun, many NFT games offer novel play-to-earn possibilities, too. Gaming projects Examples of skills to learn: Battling Axies in Axie Infinity Managing and competing with sports lineups in Sorare 8. Discovery make it easy for users to quickly discover notable NFT happenings or information. Getting a feel for these tools will help you better navigate the on-chain landscape. Discovery projects Examples of skills to learn: Creating a domain name for your wallet with ENS Finding trending mints with mint.fun Making web3-friendly search queries with Drifty Tracking trending sales on Context 9. Display https://twitter.com/guywalkin/status/1588629297157509120?s=20&t=EYLT1PCmscsOJpp9pdEjVQ?embedable=true help NFT owners and exhibitors showcase NFTs in physical settings. Display projects Examples of skills to learn: Printing your NFT into physical form with or Infinite Objects Tokenframe 10. Liquidity help NFT traders access decentralized liquid markets around otherwise illiquid NFTs. Liquidity protocols Examples of skills to learn: Creating a new liquidity pool on sudoswap Swapping like-kind NFTs on NFTX 11. Marketplaces are online stores where people can buy and sell NFTs. Marketplaces can be standalone operations, like Nifty Gateway, or aggregator platforms that make it possible to trade across multiple NFT marketplaces at once, like Gem. Marketplaces Examples of skills to learn: Bidding on NFTs with WETH on large marketplaces like or OpenSea Nifty Gateway Sweeping multiple NFTs at once across multiple platforms using aggregators like , , , , or Blur Gem Genie LooksRare Rarible 12. Metadata storage provide streamlined UIs for creators and to maintain their NFT metadata on decentralized storage solutions like Arweave, IPFS, or Filecoin. Since the metadata of many NFT projects are maintained off-chain, the importance of long-term metadata security cannot be understated. Metadata storage platforms Examples of skills to learn: Uploading the metadata of your NFT collection through services like or NFT Storage Pinata 13. Metaverse in the NFT ecosystem use NFTs to facilitate the ownership of virtual land and in-world assets, thus bringing digital experiences to life. Metaverse projects Examples of skills to learn: Browsing digital art in and oncyber galleries MOCA ROOMs Creating your own virtual environments with Webaverse Exploring Origin City in Voxels Playing poker in Decentraland 14. Multiplayer Crypto https://twitter.com/prtyDAO/status/1587860052236537856?s=20&t=x7h2QXBUugnWQYnyOkNzGg?embedable=true make it easy for groups of friends and/or strangers to collectively own and use NFTs together. Multiplayer crypto projects Examples of skills to learn: Starting an NFT collector party on PartyBid 15. Music help musicians connect with their fans in new ways via 1/1 or editioned collectible music releases. This scene is beginning to seriously bloom, which bodes well for the future of independent music! Music NFT platforms Examples of skills to learn: Creating your own song using the digital audio workstation (DAW) system on Arpeggi Developing custom playlists with Spinamp Collecting collectible songs on or Catalog Sound 16. NFTfi , a sector situated at the crossroads of NFTs and DeFi, facilitates complex NFT-based financial services in decentralized fashion, like on-chain NFT derivatives. NFTfi Examples of skills to learn: Creating an NFT call option on Hook Depositing WETH to the capital vault on MetaStreet Generating an on-chain credit score via Spectral 17. Portfolio Management help NFT collectors create one-stop hubs for tracking their holdings, increasingly across multiple chains like Ethereum, Arbitrum, and Optimism. Portfolio management projects Examples of skills to learn: Setting up your address books on platforms like , , or DeBank Zapper Zerion 18. Pricing https://twitter.com/deepnftvaluebot/status/1592644114172055552?s=20&t=8mLKjw4htKo9jAiQifsaoP-KlBAd62dqGKE3ZS55gSo?embedable=true are centered around helping NFT collectors and traders appraise their holdings. The pricing scene is very early but some promising efforts have started coming to fruition. Pricing projects Examples of skills to learn: Reviewing NFT valuations through or DeepNFTValue Upshot 19. Protection help NFT creators or owners ensure the safety of their NFTs for the long term. Protection projects Examples of skills to learn: Backing up the metadata of your off-chain NFTs with ClubNFT Testing the quality of your NFT drop beforehand using StealthTest on nameless 20. Rentals help people rent out, or pay to rent, NFTs. Rental platforms Examples of skills to learn: Renting a digital collectible on reNFT 21. Wallets https://twitter.com/gnosisSafe/status/1552230422494343170?s=20&t=O3v6KnhYwfebvhCUaItkyA?embedable=true allow people to streamline the process of self-custodying their NFTs. Wallets can come in various forms, like mobile apps or multi-signature vaults. Wallet projects Examples of skills to learn: Creating an NFT vault for long-term security with Safe Setting up a burner wallet for free mints via Rainbow Action steps ⛹ Practice activities in the where you want to level up your abilities branches of the NFT skill tree 🔑 Read my latest Bankless tactic because ! How to take custody of your crypto keys not your keys, not your crypto Author Bio is a professional writer and creator of —a Bankless newsletter focused on the emergence of NFTs in the cryptoeconomy. He’s also recently been contributing content to Bankless, JPG, and beyond! William M. Peaster Metaversal

An Essential Guide to the NFT Skill Tree

Una guía esencial para el árbol de habilidades NFT

Un guide essentiel de l'arbre de compétences NFT

एनएफटी स्किल ट्री के लिए एक आवश्यक गाइड

NFT スキル ツリーの基本ガイド

Um guia essencial para a árvore de habilidades NFT

Hướng dẫn cơ bản về cây kỹ năng NFT

NFT 技能树的基本指南

Our Top 12 NFT Tools for analytics, research, portfolio management, bots and social intelligence. In the past, we’ve covered , , and . Those articles have been pouring the foundation of your DYOR (do your own research). We are taking the next step forward in your analysis of NFT projects with our list of the top 12 NFT tools we find ourselves or members of our community using every day. We combed through to provide you with a mix of popular and lesser-known NFT tools. When assessing these tools, we were looking for what would provide the most amount of value in assessing projects, determining what NFTs to buy, or what is simply trending at the moment. what is an NFT how to identify NFT scams how to assess the value of an NFT NFT VALUATION Cracking the code of NFT valuation is no easy task. Please let me know if any of these questions resonate with you. Have you ever found yourself struggling to decide at what price to list your NFT? How do you know that you are getting the best deal possible while shopping on secondary? Find yourself tabbing between 2–5 different sites to get the information you are looking for? You aren’t alone. Many people struggle with NFT valuation. Thankfully, we have some tools willing to do the heavy lifting for us. Beyond Rarity — NFT Valuation & Rarity Keep it simple, is the name of the game with Beyond Rarity. The team wants its users to know at a glance what is over or underpriced within a collection. No more combing over rarities and spot-checking different floor prices based on traits. In one master view, you’ll be able to know within seconds which NFT has the best value based on rank and rarity. NFT Valuation Master View Beyond Rarity Highlights : Assess the value of NFTs within a collection and get feedback on price via the ‘Confidence Score’ Buy & Sell Assist : Compare what’s in your wallet to listed in NFTs within a collection Wallet Compare : Get notifications of hot deals based on the parameters you setup Notifications : Know at a glance what is over/underpriced within a collection. Master View Pricing Lifetime access via a or NFT Wall St Mom WallStreetDads Fiat & Crypto-based monthly pricing TBD NFT Value Tool What NFT Value Tool lacks in UX it makes up for with its cut-and-dry price prediction algorithm with a touch of human sentiment. With the ability to evaluate the price of NFTs on Ethereum, Polygon, Cardano, Fantom, Binance, Avalanche, Solana & Flow. It’s as simple as pasting the contract address and token ID of the NFT and with the press of a button viola, you get a price prediction. Screenshot of Interface NFTValue Tool Highlights High-Value Prediction Fair Market Value Low Contract Floor Value Human Sentiment Analysis Pricing Free DappRadar — NFT Value Estimator It doesn’t get any easier to use than DappRadar’s NFT Value Estimator. Simply select a collection from a dropdown and enter the token ID. Click the check price button and instantly find out the estimated value of an NFT. Lastly, give sentiment signals back to DappRadar but voting up, down, or agreeing with the price estimation to help refine their algorithm. Screenshot of ’s NFT Price Estimator DappRadar Highlights Fast & easy to use Human sentiment analysis 50+ Collections Pricing Free Spicyest — NFT Price Estimator Leveraging the power of AI and real-time updates. Spicyest gives you the most up-to-date price estimates of NFTs across 10K+ collections. Spicyest prides itself on being able to deliver actionable insights to new and experienced traders in the space. With a snappy search, and excellent UX their product delivers time and time again. Screenshot of Price Estimator Spicyest Highlights : Spicyest uses machine learning collection historical sales data, rarity, and lists to produce spicy estimates AI : Estimates are generally within 5–10% of the next sale price Accuracy : Estimates are being processed in real-time to provide users with the most up-to-date information. Live Data : Sell NFTs to Spicyest for instant liquidity. Instant Liquidity 10K+ Collections integrated 25M+ Spicy Estimates Price Free TRENDING MINTS It’s degen season in the NFT space and that makes it all the more important to know what is minting, how many NFTs have been minted, who is minting, and what’s trending. Get time-based alerts once mints have reached certain thresholds and ape into free mints before they go public. Moby — Live NFT Feeds Affordable price and a discord webhook integration. Moby is a no-brainer for getting live updates on mints, whale tracking, wallet tracking, and sweeps. Moby is the only tool providing mint alerts with thresholds as low as 40–60 mints. If you want to be early, there isn’t anyone else who can get you there sooner. Screenshot of Live Mint Feed Moby Highlights : Live feeds of mints, sales, sweeps, whales & wallets Live Feeds : Market & Mint rankings at 1m, 10m, 1h, 6h, 12h, 1d & 3d Rankings : Set your custom filters and get real-time updates on market changes NFT Screener : Pump market signals into your discord server via their webhook integration Notifications : Keep track of your favorite NFT collections Watchlists Pricing 0.1ETH for 6 months Icy Tools One of the most popular and essential tools for those in the NFT space. Icy Tools allows you to discover, track, and analyze trending data for your favorite NFT collections. Know what’s and hot or not, get 5-minute mint alerts into your discord server via their webhook integration. Track wallets and receive notifications every time smart money, buys, sells, or mints something. Screenshot of NFT Minting Dashboard IcyTools Highlights : Get live floor prices, volume, and sales history on any collection, mint, or wallet. NFT Analytics : 1m, 5m, 30m, 1h, 6h, 12h, & 1d Mint & sales dashboards of every collection. Live Mint Dashboards : Kiss FOMO goodbye and get alerts of every mint pumped into your Discord server via the convenient webhook integration. Alerts : Track projects & wallets you are interested in and never miss out again. Watchlists Pricing $75/mo NFT Nerds — Autobidding/buying & Firehouse Know around the NFT space for its firehouse feature which is a live feed of the most popular collections in the last 5 minutes based on sales & volume. Zoom in on two minutes changes in floor price & trading volume. See all listings and sales in real-time. Filter down the data to collections, traits, and prices within your scope. Auto bid & buy directly within the NFT Nerds application which is conveniently integrated with every major secondary market on the ETH chain. Screenshot of Mint Dashboard NFT Nerds Highlights : Approving transactions in 4 seconds or less! Fast Buying : Be the first to know when an NFT lists or sells Firehouse : Set up alerts to auto bid/buy when an NFT matches your criteria Auto bidding Pricing NFT Gated via — Floor Price 5.6ETH (July 22, 2022) Genesis Pass NFT PORTFOLIO MANGEMENT Tracking mints, sniping deals, and price estimating tokens are great tools to have in the shed. What happens when you want to visualize your collection of NFTs and see how their value has trended over time? There are a couple of players that have dared to answer that question. NFTBank — Portfolio Management + Sniper Aiming to be your all-in-one solution for NFT portfolio management, market insights, and tax filing preparation. By simply connecting your wallet, NFTBank can serve all your historical activity and price estimate the value of your collection. With the undervalued NFT live feed, you can snipe hot deals without even changing tabs. Lastly, let NFTBank sort out your tax filing documents in any format you need. Screenshot of Portfolio Dashboard NFT Bank Highlights : Connect your wallet to get instant price estimates of the value of your NFT collection. NFT Portfolio Management : Live feed of undervalued NFTs just a click away Hot Deals Sniper : Tax filing preparation made easy and in any format, you want...for free. Tax Preparation : Native iOS and Android apps enabling you to trade on the go or at home. Mobile App Pricing Free HelloMoon + Smart Money tracker HelloMoon has been building quite a name for itself on the Solana chain. Calling projects on Twitter before massive 100% pumps come swinging in using their in-house insights of where the smart money is moving. Their portfolio management provides users with summary values of their NFT collection, purchase prices, floor values, staked NFTs, and SPL tokens. They do all of this for the low, low price of free. Screenshot of NFT Dashboard HelloMoon Highlights : Track where the smart money in Solana is moving in and out of in real-time. Smart Money : All-in-one solution to see a full breakdown of your NFT collection. NFT Portfolio Management : What are Twitter influencers buying, now you never have to guess Social Buying : Get all the NFT intelligence applied to the DeFi sector. Track smart money, social, and market-moving trends. DeFi Pricing Free NFT SOCIAL INTELLIGENCE We know what’s trending, we can price our NFTs, and we now know where we can manage our portfolios, but how do the people feel about a collection? Social intelligence has only recently started making an entry into the NFT space. If you have been in NFTs any length of time you’ll know that many love to change their PFPs to support the latest project or make posts memorializing their recent purchases. What if we could tap into this social layer of buying, selling, & collecting NFTs? We’ve rounded up two leaders in the space for you below. NFTInspect — Web3 Social Intelligence Who is holding what and how can we connect with them. NFT Inspect allows everyone to search collections and see who is rocking that shiny new PFP. Find the largest influencers within specific collections and those across all collections. NFT Inspect has even developed a chrome extension that works as a layer on top of Twitter giving users quick insights into where a PFP comes from and how popular that user is. Screenshot of Social Intelligence Dashboard NFT Inspects Highlights : Find the biggest movers with data on PFP changes within communities Social Insights : Compete with other holders for top influential spots in your NFT community. Gamify Twitter : Add a new social layer to Twitter with NFTInspects chrome extension Chrome Extension Pricing Free LunarCrush — Crypto & NFT Social Intelligence Going beyond the PFP and tracking social mentions, engagement, market sentiment, and news volume, is where LunarCrush separates itself from competitors. Lunar Crush is available for free however they are gating their services behind earned levels in their web/mobile apps. In order to get access to the full suite of insights, you must become an active user. You can rank up your profile by sharing your opinion(s) daily, and spending time interacting within the application. Screenshot of NFT Social Intelligence Dashboard LunarCrush Highlights : Tracking the social data of 100’s of NFT projects across all social channels & news Real-Time Insights : The more you use LunarCrush, the smarter it gets. Personalization : Take LunarCrush on the go with & Apps Mobile Apps iOS Android Pricing Free NFT BOTS When the majority are doing their minting/buying/selling manually, the few are scaling up their operation with bots. The recent proliferation of NFT bots aim to automate the manual work of the buying & trading experience. With increasingly smaller supplies and overbooked whitelists, every edge you can give yourself over the majority could be the difference between a win or a loss. NFTSensei — Mint Bot, Deal Sniper, Instant Rarity Reveal Let NFTSensei teach you how to automate your entire NFT experience by leveraging their intelligence and tech. Never miss a mint again with their mint bot capable of minting from multiple wallets and built-in flashbot executions to avoid gas fees on failed transactions. Snipe rare NFTS within a collection with their instant rarity reveal which is sometimes even available before the blockchain has the data. Lastly mass bid at a rate of 2x faster (25K bids/s)than any leading competitor in the space. Screenshot of Collection Dashboard NFT Sensei Highlights : Deploy mint bots so you never miss a mint again. Multi-wallet minting capability with even distribution. Mint Bot : Snipe hot deals with instant rarity on all collections Sniper : Bid at a 2x faster rate than all competitors Mass Bidding Pricing NFT Gated via the , floor price 0.7ETH (7/22/22) NFT Sensei Lifetime Pass Closing Thoughts We’ve covered a wide range of tools that we find ourselves coming back to time and time again. Everything has its place in the ecosystem of things that can help you make more informed decisions when buying, selling, trading, and minting NFTs. The market is still quite young and with that comes inherent risk. What will be popular today may end up just being a blip on the timeline 5 years from now. Take the time to always do your own research, learn how the NFT market works, and potentially eliminate some unnecessary lessons along the way.

Top 12 NFT Tools for Analytics, Research and Portfolio Management

NFTs have become widely accepted projects in the blockchain sphere. With over $10.5 billion Total Market cap–according to CoinMarketCap–the trend has been projected to grow to over $147 billion by 2026. Furthermore, “NFT” became the Collins Dictionary word of the year in 2021. All of these validate that the adoption will be more hysteric in the years to come. An NFT–Non-fungible token–is a rare blockchain-based token that can’t be interchanged with another of its kind due to its differential properties. A creator can mint 5 NFTs on a whim; this doesn’t mean both five are the same and can be interchanged. No! All the five collections might look alike and got minted together, but they all have distinct properties that distinguish them from one another. What is NFT Rarity? Have you ever wondered why some NFTs are worth millions of Dollars and some worthless? Do you also think the marketplace determines the value of NFT listed on it or the blockchain it was minted on? Many people had wrongly thought these, and many more are the drive behind NFTs’ rising value. So what is the driving force behind NFTs’ value? RARITY! Since the word “rarity” is synonymous with scarcity or how rare a piece or object is, NFTs’ rarity means how rare or incomparable an NFT is, determining how valuable, such collectible will be. Most collectors demand rare NFTs because the rarer a collectible is, the higher the value price. This is why most NFTs’ enthusiasts always desire to know how rare an NFT is before acquiring it or how rare the NFTs in their collections is to determine how much they can list them on the marketplace. So, How do We Calculate the Rarity of an NFT? It is easy to determine the rarity of two separate NFTs from different collectors, for example, . Both creators and collectibles are diverse when juxtaposed. You can discern this seamlessly. Okay Bears and Bored Ape Yacht Club But, when it has to do with NFT collections that have a couple of hundred NFTs, the gross rarity of each NFT is determined by comparing the attributes or properties of each NFT in that collection with one another. This gross rarity is determined either by looking for the rarest attributes or by rarity assessment via statistics. The essential consideration is always based on the gross features of NFTs, not a single attribute; this prompted Rarity Tools to develop the "rarity score" approach or method. According to rarity tools, ” “the total Rarity Score for an NFT is the sum of the Rarity Score of all of its trait values. Attributes or traits considered are usually physical attributes like , which are used as a yardstick because all NFTs in a single collection can’t have them all; that makes them non-fungible. clothes, earrings, fur, hat, spectacles, background, necklace, etc. There are different methods used to calculate the rarity of NFTs. For each of these methods, various factors were considered as a tool. When compared to one another, some methods were deemed inferior as they considered a particular trait leaving out others. four The methods used are: -Trait rarity model -Average/Mean trait rarity model -Statistical rarity model -Rarity score model Trait Rarity Model This ranking model examines the rarest trait of NFTs as a comparison tool. For example, let’s compare the following Apes: From the above: Ape rarest trait is Short Mohawk which have. #4317’s 3% Ape rarest trait is Prom dress which have. #8520’s 1% Ape rarest trait is Stuntman Helmet which have. #4688’s 2% . Using the “Trait Rarity model,” the order would be #8520, #4688, and #4317 The limitation of this model is that it doesn’t consider the overall traits of NFTs; only the rarest trait is considered instead. Average/Mean Trait Rarity Model This model uses the mean or averaging method to calculate the rarity of NFTs. It considers all traits and uses the averaging method to determine a particular NFT trait before comparing NFTs. So with this model, Ape#4317 has the rarest trait, followed by Ape #8520 and Ape #4688 The limitation of this model is that it doesn’t consider if an NFT has a very rare individual trait despite considering the gross rarity of every trait. Statistical Rarity Model This model also incorporates general rarity; however, it differs from the mean model in some ways. The overall rarity of an NFT is calculated by multiplying all of the traits of such NFT together. Using the same NFTs above for example: Ape #4317 = 13% * 9% * 5% * 5% * 3% * 7% = 0.000000061425% Ape #8520 = 12% * 1% * 17% * 12% * 3% * 2% = 0.000000014688% Ape #4688 = 13% * 8% * 12%* 2% * 16% = 0.0000039936% So with this model, Ape has the rarest trait statistically followed by Ape , then Ape #8520 #4317 #4688 Rarity Score Model The rarity score is almost like the trait rarity model, but the rarity score is usually calculated fractionally, unlike trait rarity, which is generally in percentage. The rarity score model is one of the simplest and most reliable ways to rate how rare NFTs are. Most NFT sites employ it. According to , the total rarity score of a particular NFT is the sum of the rarity score of all trait values in a specific NFT. Rarity tools Using the previous Apes as an example: The higher the rarity score, the rarer the NFT is in this model. With that, Ape #4688 is the rarest, followed by Ape #8520 and Ape #4317. Conclusion As shown and proven above: Trait Rarity considers the rarest trait. The Average trait and Statistical Rarity consider the gross traits in an NFT while not giving preponderance to the single rare trait as done for some models. Rarity score scores NFTs by considering a single rare trait and gross traits in its calculation. It is worthy to note that NFTs are valued differently based on the respective NFT community. CryptoPunks community gives priority to “attribute count” to rank NFTs as the rarest, which doesn’t count for other communities. Waifusion’s community prioritizes matching “clothing and style” to rank NFTs, which doesn’t count for other communities. So each community has its preference for what to prioritize to rank NFTs as the rarest. You might wonder why it takes so much trouble to determine the rarity of NFTs—knowing how rare a collectible is part of your due diligence. Its knowledge helps determine what to purchase and decide which piece will yield a higher ROI. If you can’t undergo the diligence procedure yourself, some websites rank NFTs such as: Rarity tools Etherscan Token Tracker Rarity sniper Traitsniper HowRare Icy.tools Happy Reading!!!

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