OpenSea Police Market unveiled the OpenRarity project. Launching the OpenC NFT protocol enables the detection of the real value and rarity of NFT works.
Thousands of non-currency tokens (NFTs) enter the market every day. Trying to find rare pieces and distinguish them from common works can be challenging for NFT collectors. As the NFT industry grows daily, it becomes increasingly difficult to determine the true value of works.
Open C NFT protocol setup
OpenC NFT Market Place announced the implementation of the OpenRarity project on its Twitter. This protocol checks the value and rarity of NFT works with specific and transparent formulas. According to OpenSea, non-rare tokens will receive lower numbers such as 1 or 2. NFTs that have similar characteristics to most other projects will also have higher numbers. With the launch of the OpenC NFT protocol, buyers can see the rarity rating of their desired token before purchasing it.
The OpenRarity project is a joint project between NFT community entities including Curio, icy.tools, OpenSea and Proof. The automatic value detection feature of NFTs will not automatically apply to all sets. Creators of NFT artifacts can disable the OpenRarity feature in their collections. OpenRarity is a collaborative effort between various entities of the NFT community. This platform aims to help users make better decisions in purchasing NFT works.
Features of the OpenSea Police Market
The OpenC NFT Marketplace has recently launched an initiative whereby developers will be able to build NFT drop pages. These pages are customized with images, videos and highlights. Thanks to this new feature, creators of NFT works can share information about their work, release schedule, and related image gallery.
Other features of OpenSea Police Market include a countdown clock and receiving email alerts. A report by analytics firm Chainalysis shows that NFTs are the biggest driver of cryptocurrency adoption in the Central, South Asia and Pacific (CSAO) region. According to the report, 58% of his traffic is related to crypto services related to NFTs.
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