Data for a more cunning fox – MetaMask cooperates with NFTBank, to provide wallet users with information relevant to the price evolution of their products NFT.
MetaMask contains link Partnership with NFTBank, to provide wallet users with a feature that informs them The evolution of the value of their NFTs.
In a tweet from April 15, NFTBank noted that it provides “simple and free APIs,” allowing NFTs to be priced over 2,000 combinations and per non-fungible token.
To update these estimates, NFTBank uses a file machine learning algorithm, Which takes into account various parameters such as the floor price of NFT, its scarcity or supply and demand distribution. The algorithm is said to be able to issue price predictions with over 90% accuracy.
Thanks to its collaboration with NFTBank, MetaMask wants to help its users with that Make the best possible decisions, regarding the management of their NFT portfolios. CEO of NFTBank, Daniel KimHe also emphasized this “need to understand the appropriate pricing of NFTs,” as many investors have “learned the hard way” about the high volatility of non-fungible tokens.
MetaMask is releasing this new feature for NFTs, roughly two weeks after ConsenSys offered US users the ability to Connecting their wallets to their banks.
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