NFTBank’s NFT pricing set to Power Metamask’s new NFT portfolio tracking

by James · November 2, 2022

Seoul, Korea

–News live–

NFTBank is chosen by Metamaskthe leading Web3 wallet, to deliver price information for 5000+ NFT pools owned by Metamask users.

NFT pricing is a complex issue; not only is each NFT unique, but sales transaction data is also extremely limited. NFTBank has tried to tackle this problem from the earliest days of NFTs. The years of work led to an advanced machine learning based statistical algorithm to provide price predictions for individual NFTs with 90+% accuracy. It uses information such as minimum price, rarity, and bid/ask distribution to calculate a single price value for a given NFT in a collection. NFTBank offers price information for over 5,000 NFT collections and makes them available both with APIs and its own dedicated app.

While the NFT phenomenon is clearly establishing itself in 2021, the infrastructure for NFT holders still lags. For example, while users can see the transactions and portfolio value for ERC-20 tokens, this is much more difficult for NFTs.

Recognizing the importance of NFT price information to its users, Metamask is launching a new NFT portfolio product that better informs users of their NFT holdings and their value, and decided to use NFTBank’s price estimate as the price benchmark. Thanks to Metamask’s upcoming NFT portfolio experience, NFT holders can see their NFT portfolio’s value at a glance, powered by NFTBank’s ML-based price estimates.

“The need to properly price NFTs has become increasingly apparent as many learn the hard way about the dramatic volatility of NFT markets, while also learning the potential of NFTs as a new digital asset class,” said Daniel Kim, CEO of NFTBank. “NFTBank’s NFT price data will power Metamask’s new NFT integration, helping users make informed decisions about their portfolio.”

“MetaMask continues to offer a rich NFT experience and enabling price information for our users in the portfolio dapp is another step forward; beginning today our users can get real time price updates and values on the NFTs they have acquired across all accounts to enable them to make informed decisions.

NFTBank hair proven itself as the ideal partner to enable this feature due to it is sophisticated machine learning models and strong infrastructure capabilities that can support MetaMask’s scale to provide a consistent experience for millions of MetaMask users.”

– Kai Huang, Product Manager, MetaMask Portfolio dApp

NFTBank has already become NFT’s valuation solution for key projects in the scene, such as Chainlink, NFTfi, Pine, Stater, Unlockd Finance. NFTBank is supported by Hashed, DCG and other partners and investors.

About NFTBank

NFTBank is an NFT portfolio management tool and valuation engine, allowing users to make informed decisions about their NFT portfolio and enabling advanced DeFi use cases.

NFTBank’s ML powered NFT valuation engine covers 5000+ projects with high accuracy. You can find more information about NFTBank at .