Troubled finding your NFTs value, tired of searching online to get a proper valuation of your digital collection, Behold!! MetaMask users. No need to worry, as now metamask has partnered with NFTBank to roll out NFT price tracking.
It is obvious that the floor price cannot reflect the premium values of the rarest NFTs, and the sales price cannot reflect the current value of NFTs in real-time. This makes quite a debacle for NFT collectors.
MetaMask has announced a new feature that will bring updated pricing information for the over 5,000 NFT collections held by its users.
NFTBank’s algorithm takes parameters such as floor price, rarity and bid-ask distribution into its consideration when calculating a price value. The tool presumedly offers around 90-plus percent accuracy in price predictions.
Kai Huang, Product Manager, MetaMask Portfolio dApp, stated, “MetaMask continues to provide a rich NFT Experience, and enabling pricing information for our users within the portfolio dapp is another step forward; beginning today, our users can get real-time price updates and values about the NFTs they’ve acquired across all accounts to enable them to make informed decisions.”
He further added, “NFTBank has proven itself as the ideal partner to enable this feature because of its sophisticated machine-learning models and strong infrastructure capabilities that can support MetaMask’s scale in order to provide a consistent experience for millions of MetaMask users.”
Subscribe to CryptoTimes for more updates on Metamask.
