![]() Trait Rarity Ranking: This compares the rarest traits of each NFT, and the one with the least figure is considered the rarest.Several formulas help people arrive at the rarity value of their NFTs. Association with a celebrity: NFTs associated with a recent or past celebrity also tend to be more valuable, as they are usually very unique.NFTs can also have a historical context outside of a game or social media, such as limited edition NFTs based on original artwork. For example, if there was only one time that someone ever used a particular NFT in a game or on social media, it may be worth more because of its history. Historical context: Sometimes, an NFT may have a higher value because of its historical context.NFTs used for social media purposes may also have higher inherent demand as they will be more desirable to people who want to show off their assets on a particular platform. NFTs used for gaming purposes may also have higher inherent demand as gamers are always looking for new and unique items to add to their collections. For example, NFTs that represent popular digital assets (like Bitcoin or Ethereum) will be more valuable because people want to own a piece of top cryptocurrencies. Inherent demand: Some NFTs are simply more in demand than others.This creates NFTs that are more valuable than others because the number of users who can receive its benefits is lower. Special uses: NFT issuers can put special rules on their NFT items so that only a certain number of NFT users can receive those benefits.NFTs with rare attributes will generally be more valuable on the open marketplaces. ![]() NFT attributes: That is, the NFT’s digital DNA (or collection of coded properties) is unique and identifiable.NFTs can be worth even more on the open marketplaces by providing rarity and quality together. To create truly rare NFTs, issuers use NFT rarity tools to track the number of items produced and ensure that only a limited supply is available on marketplaces like OpenSea, Rare Bits or Nifty. This is especially true for digital assets, as they can be copied and reproduced infinitely. Limited supply: If only a few of something is available, it will be more sought after and thus more valuable.So, what makes an NFT rare? Here are a few factors: Understanding what makes an NFT rare can better identify assets with greater potential value. When it comes to NFTs, rarity is a key factor in determining value. NFT rarity is a term coined for ranking NFTs based on their uniqueness. Here we’ll discuss six of the best NFT rarity tools and what they can do for you! What Makes an NFT Rare? So, if you are looking to invest in NFTs, you need to use NFT rarity tools to help you find rare NFTs. But it’s not enough to have an NFT that you think looks cool – it needs to be rare as well, which affects the value of each NFT. Non-Fungible Tokens ( NFTs) are taking the world by storm.
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