Crypto is a very diverse industry with DeFi, metaverse, and NFTs involved. Out of the total crypto market cap of nearly $918 billion, the current market cap of the NFT market is nearly $16.69 billion. However, there is much more to the NFT industry than crypto tokens.
NFTs are digital collectibles that sell for millions. The traits of an NFT play a critical role in its valuation. The rarer the traits, the higher the value. Rarity is the first thing NFT junkies focus on while purchasing digital collectibles. It is similar to buying the original Mona Lisa painting.
The most expensive NFT to be ever sold is The Merge, which is actually a series of NFTs, also known as an NFT collection. The Merge was sold for a whopping $91.8M in December 2021. Clearly, you can make millions by selling NFTs. But how to ascertain the rarity of an NFT? Well, there are plenty of online tools to find rare NFTs.
Most Popular Tools To Find Rare NFTs
- Rarity Tools: Rarity Tools is one of the most popular tools to find rare NFTs. They keep adding the latest collections to the platform and also have an ‘upcoming’ tab to help you stay ahead of the trend. The tool ranks NFTs on the basis of their rarity after evaluating their traits. You can also apply custom filters like price, owner count, sales volume, etc, to find what you are looking for. You can view the top 10 NFTs by ranking on the search bar of the tool.
- OpenRarity: OpenRarity is a tool by OpenSea, the world’s largest NFT marketplace. The tool helps you analyze various NFTs for informed investment decisions. It also compares the attributes of different NFTs to ascertain rarity. The platform adds the rarest of rare NFTs to its ‘Top 1%’ collection for the convenience of investors.
- Trait Sniper: Trait Sniper is the ultimate NFT trading platform and ecosystem for advanced traders. You can either download the Trait Sniper app or use the Google Chrome extension to use the tool. It is one of the best tools to find rare NFTs as it analyzes the traits of a collectible minutes after the drop. The tool classifies NFTs on the basis of different traits.
- Crypto Slam: Crypto Slam is an NFT industry data aggregator backed by Mark Cuban. It is one of the most trusted tools to find rare NFTs. The tool classifies NFTs on the basis of rarity, scarcity, and other critical factors that can send the price soaring. You can also discover NFTs by trading volume on the platform. There is also a section for monitoring top NFT collectible sales. You can track the top NFT sales in different time frames.
- How Rare: How Rare is a tool designed specifically for Solana NFTs. It is a tool that helps you find rare Solana NFTs. The platform has 1,200 collections and 4.55M+ items. How Rare ranks all the Solana NFTs in terms of rarity. You can find rarity rank, rarity score, and attribute details under every NFT on the platform.
- NFT Bank: NFT Bank is a tool known for its accuracy. It is a powerful NFT tool that promotes insightful asset management. Besides ranking, NFT Bank is also a great portfolio management platform. The tool has a user-friendly and fast interface that helps you find investment opportunities ten times faster.
Final Word
Rarity and scarcity are two critical factors that impact the valuation of a digital asset directly. Given the hype around NFTs, the widening demand-supply gap will only add fuel to the soaring price. Therefore, finding rare NFTs early could be game-changing for your portfolio. You can use some of these tools to find rare NFTs and make money in 2022 and beyond.