Not every day, investors from all over the world flock to one cryptocurrency exchange to grasp any opportunity they can get their hands on.
The exponential growth of NFT space has made even those with reservations about digital assets interested, and demand for top-notch tools seems affected too; many are trying hard just like me – identifying which token will make them rich!
Rarity tools NFT are the perfect way to add value to your online collection. Collectors can use Rarity Tools NFT to track the value of their collection, set prices for their items, and receive real-time alerts when the value of their collection changes.
Table of Contents
- What Is NFT Rarity?
- What Makes an NFT Rare?
- NFT Rarity Calculation Methods
- Why do you need to know NFT Rarity?
- How to Check NFT Rarity Rankings
- What’s the Highest NFT Rarity Score?
- Tips for finding the best NFTs
- 20 Rarity Tools NFT Investors Should Know
- Summary
What Is NFT Rarity?
NFT rarity is a measure of how unique an NFT is. The higher the rarity, the more impressive the NFT and the more valuable it is.
With Rarity Tools NFT, you can:
- Track the value of your online collection in real-time.
- Set prices for your items and receive alerts when the value changes.
- Add value to your online collection by rarity tools NFT.
Three factors can make an NFT rare:
Supply
The number of copies of an NFT that exist. The scarcer an NFT is, the more valuable it is.
Demand
The demand for an NFT. The more people want an NFT, the more valuable it is.
Unique features
The more unique an NFT is, the more valuable it is.
What Makes an NFT Rare?
The answer is simple: it’s all about supply and demand.
NFTs that are in high demand and have a low supply is rare, and therefore more valuable.
Let’s say there are only 100 copies of an NFT. If 1,000 people want that NFT, the demand is 10 times the supply. This makes the NFT very rare and valuable.
NFT Rarity Calculation Methods
One of the most popular and well-respected rarity tools that NFT investors use is called ‘Rarity Tools.’This website provides an easy method to calculate your individual collection’s rank based on how certain rare items are within it.
There can be many different methods used, such as taking an average trait value or conducting full-blown statistical assessments for each piece to determine what percentage should represent about 1%.
With this information, you’ll have no problem ranking yourself against other crypto collectives across cyberspace!
The NFT rarity score is calculated using a method in which the total number of items with that particular trait and its respective values are added together. This gives you an idea about how rare this specific piece might be compared to other articles within your collection.
If you want to make your calculator, use this formula:
1 / ( [Number of items with that particular trait] / [Total number of all traits])
Why do you need to know NFT Rarity?
To avoid over or undervaluing a particular NFT, you must first understand the rarity of NFTs. One can comprehend the prospects of NFTs for investment thanks to the knowledge of rarity.
You may discover NFTs that are underrated and buy them using this method. In the same way, look for pricey NFTs and don’t buy them. So, in a nutshell, the answer is to invest intelligently.
How to Check NFT Rarity Rankings
The NFT rarity ranking is a great way to see how your collection stacks up against others. There are a few different ways to do this:
- The first is by using the Rarity Tools website. This site lets you input your collection and get an estimated total value. It also shows you how your collection ranks compared to others.
- Another way to check your NFT rarity ranking is by using the NFT Showroom website.
- The last way to check your NFT rarity ranking is by using the NFT Index website.
What’s the Highest NFT Rarity Score?
The highest NFT rarity score is 100. This is the rarest possible NFT. The next highest score is 99, then 98, and so on.
To get a 100 rarity score, an NFT would need to be the only one of its kind in existence. This is incredibly rare and would likely only happen if the NFT were created by someone famous or had some other unique quality that made it one-of-a-kind.
Tips for finding the best NFTs
Let’s look at some recommendations to aid you in selecting new NFTs to purchase before we get into the best tools for monitoring current trends.
The world of NFTs can be a bit overwhelming, but luckily there are some great resources to help you get started.
Here are a few tips:
1. Do your research
There are a lot of different NFTs out there, so it’s essential to do your research and figure out which ones are right for you.
2. Read reviews
Once you’ve narrowed down your options, it’s a good idea to read reviews from others who have purchased the NFTs you’re interested in.
3. Compare prices
NFTs can vary significantly in price, so it’s important to compare prices before purchasing.
4. Check out the market
It’s also a good idea to check out the NFT market before making a purchase, so you can get an idea of what’s popular and what’s not.
5. Stay up to date
The world of NFTs is constantly changing, so it’s essential to stay current on all the latest news and developments.
20 Rarity Tools NFT Investors Should Know
The NFT market, while still relatively young than most other markets on the blockchain, has produced an incredible plethora of different data-based rarity tools for insiders.
So let’s look at 20 such analyses that allow you to gain an unfair advantage over your competition in this cutthroat industry.
1. Rarity Tools
The king of NFT rarities is guaranteed to be the only tool you need.
Rarity Tools is responsible for setting standards when it comes to calculating a token’s rarity score based on its traits-, which means they’re an undisputed authority in this field!
You can use their site simply by inputting what kind or collection rankings display desired information, and out pops your very own customized list with all sorts.
2. Opensea
Opensea is a tool that allows users to buy, sell, and discover digital collectibles.
The site has a built-in rarity checker that assigns a “rarity score” to each NFT in the database. The scores are based on the total supply of each NFT, as well as the number of NFTs that have been sold.
3. Rarity Sniper
Rarity Sniper is an app that can be downloaded onto your iOS or Android device. It allows you to buy, sell and trade NFTs with other users all over the world for Bitcoin (BTC).
The company has also started adding Solana-based collections into their collection of things available on this platform which speaks volumes about how big they think crypto will become in coming years!
4. RankNFT
RankNFT is a unique NFT rarity checker that also covers Polygon collections.
When compared to other tools in this space, they seem equipped with one of the most comprehensive sets available on both desktop and mobile browsers – no matter your preference for browsing from afar or up close!
What did stand out during our analysis?
Their Chrome extension would complement what you can do through their website very nicely.
5. Trait Sniper
Trait Sniper has taken the world of NFT rarity rankings by storm. The new company markets itself as a tool that allows you to identify undervalued collectibles within your collection, buy them at their actual market value, and re-list them on exchanges for profit!
A fully functional Chrome extension is available, too – but naturally, there’s always some nice stuff costing money (or crypto).
6. RarityMon
RarityMon makes a bold claim to be the most accurate tool for rarity tracks.
I like that they support Solana NFTs!
The statement does not mention what “accurate” means, making it difficult to evaluate whether there’s the truth behind the comment and if anyone should care about having an item advertised on your website labeled as being ‘completely verified.’
That said, though, I appreciate them mentioning these other crypto-collectibles platforms because many people who own smaller collections may find themselves interested by seeing all those options available through one site.
7. MomentRanks
MomentRanks is like a breath of fresh air. It’s incredibly sleek and easy to navigate with an interface that we can’t get enough of!
One thing I do have picked up on though, which might be worth mentioning in this article- there seem to be some data integrity issues at play here.
It also takes into account something called “rarity” instead of the market standard rarity score so you may want to check out both perspectives before making your decision on whether or not they are worth signing up to.
8. NFTSniff
NFTSniff is a really fast NFT rarity tracker that offers most of the features you would expect from such an application. It also keeps up with its latest updates.
The site is really fast, putting it on a similar level as Rarity Tools.
It’s not as feature-rich but we’re confident that the team will continue to implement new features on an ongoing basis so you’ll get all your needs met without hassle!
9. NFT Stats
NFT Stats has been in operation for quite a time.
It’s simple and straightforward, but we must admit that its user interface has a lot of room for improvement. It doesn’t give anything additional than any of the other tools already available.
10. HowRare.is
And now for something completely different!
HowRare is the only NFT rarity checker we know that only lists Solana cards. But what makes it stand out from its counterparts?
Well, while most other websites will inform you how much Ether or dollars are required to purchase one of these digital assets, our favorite feature about this service is knowing where they originate from.
11. Rarity Sniffer
As its name implies, Rarity Sniffer provides the most up-to-date information on new NFT projects.
It only shows you collections that are available in their free version and also drops or sniffed upcoming items for sale from different traders on exchange platforms such as Binance.
It gives access to Rarities Sniffer operators and staff members with more in-depth analyses of potentially rare assets before they become openly known.
12. CryptoSlam
CryptoSlam is a ranking system for evaluating the rarity and popularity of non-fungible tokens.
The website provides up-to-date information on each individual token’s sales, and price floors as well.
It has detailed analytics that is helpful when it comes time to make an investment decision or decide whether this particular NFT will have any value in future years.
Minting activity can sometimes be difficult without access to extensive data sets but luckily CryptoSlam has your back! With their awesome rankings tool, you’ll always know what ones are worth getting before anyone else.
13. Moby
Moby, the NFT tracking app, has many features that investors will find useful.
For example, it can be used as an investment tool for monitoring your funds and giving you more information on what to do next with them – like selling if the price is right!
You also get historical data about each asset which helps in making decisions regarding future investments or the sale of certain items at any point during playback periods (10 minutes up until 24 hours).
14. NFTXplorer
NFTXplorer is a great way to check the rarity of an NFT.
It also has many other features like tracking the price and volume of sales for each item, helping you decide when to buy or sell.
This website also has a beautiful user interface and is very user-friendly!
15. Etherscan Token Tracker
Developers are excited about the new features that were recently added to Etherscan Token Tracker.
Not only does it allow you to view blocks and transactions, but it also has information on all of your favorite Ethereum-based coins!
They believe this will make them even more popular as people can research which tokens have been created via ERC 721 standard without having any trouble finding relevant data.
Its broad range compatibility with other tools available today like mist wallet or crypto converter abroad app.
16. Nansen
NFT tools have long sought to identify possibilities in the market, and Nansen is one of those who made early efforts to realize this goal.
It was founded back when blockchain wasn’t as mainstream. However, its wallet analysis tool still allows users today to get ahead by seeing what’s winning at any given moment based on financials compiled from all project owners.
17. Icy.tools
The interface of this program is so user-friendly that even beginners can easily navigate through it.
Plus, you’ll be able to find out who the top buyers and sellers are for any specific NFT by looking at their wallets on your screen!
With Icy.tools Premium membership services built-in with all subscriptions, you’ll never have to look elsewhere when looking into crypto collectible values or patterns because everything has now been gathered together in one location – and without having to go anywhere else.
18. DappRadar
DappRadar has been considered one of the most trusted sources for monitoring performance in NFT collections because they offer detailed information about your portfolio, including sales, traders, and volume.
Furthermore, their new 2020 functionality allows you to keep track by entering an Ethereum wallet address or ENS name, which gives users real-time information on whether there are any updates regarding their token collection – this is ideal if that’s something.
19. NFTBank
NFTBank is an excellent portfolio management tool for users who want to manage their ownership of crypto assets.
With this vital instrument, you can get rapid insights into investments. There will also be ROI rates and activity levels in the data supplied.
These can tell you how profitable it would be if you invested your money into one token rather than another type.
20. Crypto.com
Crypto.com is a website that provides information about the top NFT collections in the blockchain world with their total assets, collection value, and floor prices, as well as upcoming projects to invest in them.
It also gives statistics for any project’s price fluctuation or volume levels across different platforms like Binance (the biggest cryptocurrency exchange).
Crypto.Com offers several crypto-collectibles, including a kitten photo album with more than USD 1000 in sales and over 6500 sold units so far, and several other items for various cryptocurrencies.
This would make anyone want to purchase one without thinking too hard first!
These ten tools are only a few of the many that are available for NFT insiders. With the proper research and due diligence, you can find the perfect solution for your needs.
The key is to remember that each project is different, so what works well for one might not be as helpful for another.
By keeping this in mind, you’ll be able to find the best way to profit from your NFT investments!
Summary
You now understand what NFT Rarity is, why it is essential, and how to count it.
Of course, there are different methods for calculating the value of NFTs. Perhaps you like the art of one over the other since the absolute uniqueness can be related to aesthetic sentiments.
If you are actively investing in NFTs, you will require the assistance of some NFT tools.
With their special tools, NFT insiders are effectively outrunning the rest of the market.
Information is an essential tool, but if you are not using it, you will end up investing in nothing!
