CoinShares releases AI bot to calculate NFT prices, while OpenSea revises its NFT rarity ranking protocol

    OpenSea revises its NFT rarity ranking protocol OpenRarity, launched on Sept. 21, after community controversial feedback. Some community members argued that the new rarity ranking protocol disrupts the market-driven rarity structure for some NFT collections. Meanwhile, CoinShares launch its own experimental AI bot to determine a fair price for some NFTs; however, some users appear…

    OpenSea launches new NFT rarity ranking tool OpenRarity

    OpenSea, the world’s biggest NFT marketplace, has officially announced OpenRarity, a new NFT rarity protocol for the NFT community, elaborated together with Web3 analytics experts Icy.tools, Curio Tools, and PROOF, to provide a new standard of NFT ranking methods. OpenRarity will be launched next week. Nowadays, there are several high-profile NFT rarity platforms, and each…