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Web3’s brilliant minds come together to solve ‘rare’ problems

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Despite playing an important role in the NFT ecosystem, rarity has proven a controversial topic. Basically looking at the current value relies on closed sourced environments and arbitrary arithmetic calculations.

So, to put this pesky beast to bed, some brilliant minds have come together to solve the problem once and for all, with OpenSea, Curio, Icy.Tools and PROOF choosing to join forces. OpenRarity. A A single open source transparent platform With grounded mathematical equations at its beating heart.

“OpenRarity provides a verifiable, consistent and mathematically-based method for calculating rarities”. – Open rarity

Thanks to its sophisticated approach, the NFT world now has a reliable platform To measure resource rarity. However, due to the non-linear nature of the industry, its tools are only on an opt-in basis. After that, developers can access scores and ranks through the native API to fully measure the market.

To ensure its reliability, representatives of 100 of the most influential NFT collections in the sphere helped to audit the new tool. Consequently, making it one of the most inclusive community projects ever

Read the full report >> here

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*All investment/financial opinions published by NFT Plaza are derived from the personal research and experience of our site moderators and are intended as educational material only. Individuals should thoroughly research any product before making any type of investment.



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