The Top 5 Most Valuable NFT Collections And A Tool To Track Them Down
Some of these NFT collections are so ever-present that they are already part of the collective unconscious. Others, the general public has not even heard about. What makes an NFT collection valuable? Market capitalization is the potential value of the whole collection, based on its size and the value of the individual pieces. In the case of NFTs, it’s hard to pinpoint, because it’s a volatile market with lots of action all-day-every-day. Agreeing on which are the most valuable #NFTs collections is certainly hard. We created a matrix called "Most Valuable NFTs Collections" and it shows the....
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Through a recent partnership with NFTBank, a new MetaMask wallet utility will allow users to track the value of their NFT collections. MetaMask users will now have the ability to track the value of their nonfungible token (NFT) portfolio through its latest product. The wallet provider announced a new feature on Nov. 2, which will bring updated pricing information for the over 5,000 NFT collections held by MetaMask users.The new utility comes as a result of a partnership with NFTBank, an NFT portfolio management tool and valuation engine. To create its predictions, NFTBank uses machine....
The NFT industry has given birth to various high-profile collections. Investing in those collections may prove a bit futile, as not everyone wants to buy and flip non-fungible tokens. Therefore, it is crucial to find up-and-coming collections far from their maximum potential and facilitate long-term holding. Looking Beyond CryptoPunks And ArtBlocks When people think of […]
Chainspotting.co is a new web app that focuses on real-time blockchain data. The site features a number of modules that allow non-programmers to have access to in-depth information regarding their portfolios (collections of addresses). Chainspotting allows users to track the balances of their addresses, track unconfirmed transactions, and run queries on a specific set of addresses, all in real time. The power of this tool comes with the versatility of the software. Before Chainspotting, anyone looking for in-depth information regarding a specific portfolio would need programming....
Sandia National Laboratories is working on a blockchain analysis tool that allows law enforcement agencies to track and crack down on illegal Bitcoin transactions. Bitcoin has always been pseudonymous at best. By design, the transparent nature of blockchain enables anyone to access transaction details using block explorers. However, tracking the entire transaction history of any Bitcoin token is a cumbersome task at the moment. A tool currently under development at the Sandia National Laboratories may make it easier to track Bitcoin transactions. Once completed, the tool is expected to....
Royalty enforcement tool only applies to new NFT collections at this stage, with a decision to be made on existing collections at a later date. Nonfungible (NFT) marketplace OpenSea appears to have taken a position in the NFT royalties debate — launching a new "on-chain" tool helping creators enforce royalties. The NFT marketplace, which according to CoinGecko commands 66% of the market share in NFT marketplaces been relatively silent on the issue of royalties and enforcement while others in the space have been implementing their own strategies over the last few months. In a Nov. 6 blog....