NFT Value Estimator is a tool designed to estimate the real value and price of NFTs based on blockchain data.
Also, you can estimate the top potential NFTs in terms of classic indicators that reveal the potential of investment in NFTs by using these kind of tools.
This is in contrast to cryptocurrencies like Bitcoin and Ethereum, where any one unit is equivalent to any other.
Non-fungible tokens can represent a wide range of assets, from digital art and collectibles, to event tickets and real estate.
Each NFT is unique and interchangeable; this is in contrast to cryptocurrencies such as Bitcoin or Ethereum, which may be interchanged with one another. This makes NFTs more similar to physical objects than their fungible cryptocurrency counterparts.
Let's dive into tools.
NFT Value Tool
The NFT Value Tool provides an up to date estimate of the worth of a digital asset. By providing daily updated data to our analytics tool, we can make well informed estimates on a digital assets’ value in the secondary market.
This data is critical for making decisions on what to buy or what to sell. The NFT Value Tool supports multiple blockchain-based platforms and ecosystems including Ethereum, Polygon, Fantom, Cardano, Binance, Avalanche and FLOW.
NFT Valuation Calculator
The NFT Market is full of investment opportunities that are driven by speculation. They wanted to provide a more data-driven approach to evaluating NFTs, based on the price you’re willing to pay for just one unit in a potential collection.
This approach will help you identify undervalued NFT investment opportunities, as well as help projects define their initial pre-sale prices.
If you can’t decide whether or not to buy an expensive piece for your collection, our calculator can also be used to compare between two alternatives!
Deep NFT Value
DeepNFTValue is a company that estimates Cryptopunk prices using machine learning. Cryptopunks is an Ethereum blockchain-based art project that has gained market value and popularity as a unique, non-fungible token (NFT) collectible. There are 10,000 cryptopunks in existence and each one has some unique attributes such as hair color and style, gender, eye color and if it wears glasses or accessories such as hats or ears.
CryptoPunks Valuation
This approach not only establishes a robust and automated methodology for valuing individual NFTs with relevant confidence intervals, but it also leads to the creation of an index (much like the S&P 500) that can be used as a tool in understanding the evolution of areas within the NFT sector. A valuation methodology is essential in determining which collectibles are worth investing in and can make this process far more predictable than it currently is.
How to calculate manually?
As NFTs continue to gain popularity, more and more people are wondering how to estimate the value of these assets.
Here are a few tips for estimating the value of an NFT:
1. Look at the overall market for NFTs.
Pay attention to the overall market for NFTs. Just like with any other asset, the value of NFTs is influenced by factors such as supply and demand. If there is high demand for NFTs in general, then individual NFTs will be worth more.
2. Consider the creator of the NFT.
The creator of an NFT can have a big impact on its value. If the creator is well-known or respected, then their NFTs will likely be worth more. Additionally, if the creator has a track record of creating successful or popular NFTs, then that will also increase the value of their latest creations.
3. Look at the specifics of the NFT.
Each NFT is unique, so you'll need to look at the specific features and characteristics of the NFT you're interested in. Things to consider include the subject matter of the NFT, its rarity, and any special features it has.
4. Compare similar NFTs.
One of the best ways to estimate the value of an NFT is to compare it to similar NFTs that have already been sold. This will give you a good idea of what kind of price range you should expect for the NFT you're interested in.
5. Use online calculators.
There are a number of online calculators that can help you estimate the value of an NFT. These calculators take into account factors such as the overall market for NFTs, the creator of the NFT, and the specifics of the NFT itself.
Cover image generated by Doodle Ipsum and all tool’s screenshot made with screenshot.rocks
