Crypto asset manager CoinShares has launched an algorithm-driven Twitter bot that provides information on the fair prices of Non-Fungible Tokens (NFTs) to assist investors.
CoinShares October 13 on his official social media account. in his postannounced that they have released an NFT valuation bot that users can interact with on Twitter.
Stating that NFT valuation is a difficult job, the company said that the bot the product of an experimental project noted that. According to the statements, CoinShares’s cryptocurrency space to his expertise and to your experience The application developed on the basis of OpenSea to value any NFT listed on mathematical concepts uses.
However, the firm is using the NFT valuation hard is a job, some features can be easily calculated but abstract concepts valuation not giving rational results stated. However, NFTs infrequency and benefits of content and products delivered to private communities features such aspast prices and trading volume stated that he could.
Jean Marie Mognetti, CEO of CoinShares, said that NFTs are the newest assets in the digital asset markets and that everyone is buying and selling them. comfortable and safe He said it was important to feel
Bored Ape Yacht Club (BAYC) collectible $106,377 to the NFT that has the price, by the bot 129,617 dollara value is determined.
