NFTBank powers MetaMask for improved NFT price tracking November 3, 2022
NFTBank powers MetaMask for improved NFT price tracking<br><br><br>
NFTBank powers MetaMask for improved NFT price tracking
Now MetaMask users can track the value of their NFTs portfolio using its new feature. The major Web3 wallet provider has partnered with NFTBank, a company that builds tools to improve NFT value and data visibility. On Nov 2, 2022, MetaMask announced this new feature update that will show pricing details for the over 5,000 NFT collections held by MetaMask users.
Using NFTBank’s valuation engine, this tool can inform users of their NFT price updates. The collaboration was initiated to help users make better choices and decisions about their NFT portfolio.
CEO of NFTBank, Daniel Kim, said in a company statement, “The need for understanding the appropriate price of NFTs has become ever more clear with many learning the dramatic volatility of NFT markets the hard way, and simultaneously learning the potential of NFTs as a new digital asset class.”
At present, various other NFT price-tracking tools are emerging to assist people to watch their NFT price fluctuations. NFTBank has already been backing various key projects for their NFT valuation solution provider, some of the projects are NFTfi, Unlockd Finance, Pine, Chainlink, and Stater. NFTBank is supported by Hashed, DCG, and other partners and investors.
“MetaMask continues to provide a rich NFT Experience, and enabling pricing information for our users within the portfolio dapp is another step forward; beginning today, our users can get real-time price updates and values about the NFTs they’ve acquired across all accounts to enable them to make informed decisions. NFTBank has proven itself as the ideal partner to enable this feature because of its sophisticated machine-learning models and strong infrastructure capabilities that can support MetaMask’s scale in order to provide a consistent experience for millions of MetaMask users,” said Kai Huang, Product Manager, MetaMask Portfolio dApp.
Among many blue-chip projects, NFT prices remain volatile. As NFT prices are following the crypto bear market, they have been steadily rising as well. The most renowned NFT projects, CryptoPunks and Bored Ape Yacht Club are worth 65 ETH, or $103,000 approx as per Tuesday’s data.