Use Rarity Sniffer for the Latest NFT Drops
Just like Traitsniper, if you want to know the rarity of the latest NFT drops, then Rarity Sniffer is your answer. The website claims to provide “the fastest and most proven results seconds after reveal”. As a result, you can only find the details of the most recently dropped NFT projects. In addition, you can know all about upcoming NFT drops. So far, Rarity Sniffer has listed over 10,000 NFT collections on its page.
Besides, Rarity Sniffer has set up a Discord server where you can get additional analysis on rare NFTs. In other words, you may sometimes get access to the rarity status of a new NFT before the details have been made public. The server can also notify you of upcoming reveals.
If done right, they can protect you from scams and copycats while ensuring that you get your money’s worth from your NFTs.
However, using full disclosure, proceed at your own risk when buying NFTs these suggestions are not full proof, they are merely suggestions!
This article is about buying and not minting an NFT. If you are not familiar with minting you need to read these articles: Minting Vs Buying an NFT: Are They The Same Thing? and How Much Does It Cost to Create an NFT? A Simple Answer.
7 Ways to Verify the Ownership of an NFT
Serving as a great alternative to art galleries and shows, NFTs (non-fungible tokens) provides many great benefits to artists and creators who want to profit off their creativity.
Verify nft ownership
One of the biggest advantages of a digital certificate is that it safeguards against counterfeiting. Every certificate is unique and can be tracked.
Digital certificates are one way to verify the authenticity of an NFT. However, not all NFTs have digital certificates. And even if an NFT has a certificate, you can’t be sure that the certificate is authentic.
It could have been faked.
How else can I verify NFT authenticity?
One other way to verify the authenticity of a certificate is to check the digital signature. If the certificate has a digital signature, you can also verify it using the blockchain explorer.
Certificates are an effective way to verify the authenticity of an NFT. However, you still have to trust the issuer of the certificate.
Some certificate issuers could be malicious.
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NFTs provide numerous benefits for artists and collectors, but only if the system works as intended. However, with such new technology, scammers often profit as much as or more than artists do. As such, you need a quick way to know if the stated ownership of an NFT is legitimate or not.
Luckily, right now there are seven ways you can check the ownership of an NFT.
They all require some effort to do, but the peace of mind makes them well worth the time and resources. Some of these methods require very little knowledge of blockchain technology.
By reading further, you will learn what these verification methods are and how to use them.
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There’s also an NFT Rarity Explorer tool for filtering NFT collections and discovering rare NFTs. It shows a rarity score based on the rarity of the NFT’s traits.Traitsniper
Traitsniperworks a bit differently from the other NFT rarity tools, as it only shows NFT collections that have just been revealed or are about to be revealed. However, it is a great tool for checking details such as the floor price, royalties, and where to find the project (such as Discord, OpenSea, etc).
There are both paid and free versions, with the paid one offering extra perks and more information.
HowRare.is is an exclusive platform for Solana NFT collections. It works like the other rarity checking platforms; simply search the NFT collection you’re interested in and then enter the ID of the NFT you want to buy to find out how rare it is.
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Both pieces can vary in value (for instance, the one that is created first will be sold at a higher price than the other).
This authenticity for every digital asset is practicable because every token has verifiable metadata and transaction log that can assist in proving the record of ownership. And the blockchain offers the security for these tokens, maintaining every data safe and nearly impossible to replicate.
The fastest and simplest way to review the authenticity of an NFT is to scrutinize the metadata of anNFTwith the utilization of a blockchain explorer, like Etherscan.io. You will be required to either find the asset on the blockchain or request the wallet address of the person transmitting the asset to make sure it exists and is in their ownership.
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10. About Icy.Tools
Icy.Tools is another useful tool to track the information of some of the most trending NFT collections. The platform ranks the collections based on their floor price, sales volume, average price, volume, market cap, and seven-day volume.
Icy.Tools is an easy-to-use platform that gives in-depth detail on each collection. Under each NFT, you can find information such as the rarity of each trait, recent transactions, and current price. However, to enjoy most of the features, you need to authenticate your account by connecting your wallet.
Additionally, premium users get added features such as NFT history and price charts.
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If you can find it elsewhere or sell it on multiple platforms, that is a red flag for fraudulent activity.
However, because NFT metadata does not contain the real-world name and address of the owner, you must first do some research to find the owner’s name. You can use the NFT verification services as mentioned above to find this information, but you may getter better results with a reverse image search. Such a search will reveal all the variations of the image that exist as well as the age of the image itself.
To use the reverse search on Google, you just upload the image into the search engine if you are a desktop. Otherwise, you can just paste the link to the image into the search bar on your mobile device.
Method 5: Check to See if You can Sell the NFT Using its ID
Ownership verification is not just for buyers.
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You’re not locked in to any platform and you don’t need anyone to intermediate.
The creator of an NFT gets to decide the scarcity of their asset.
For example, consider a ticket to a sporting event. Just as an organizer of an event can choose how many tickets to sell, the creator of an NFT can decide how many replicas exist. Sometimes these are exact replicas, such as 5000 General Admission tickets.
Sometimes several are minted that are very similar, but each slightly different, such as a ticket with an assigned seat. In another case, the creator may want to create an NFT where only one is minted as a special rare collectible.
In these cases, each NFT would still have a unique identifier (like a bar code on a traditional “ticket”), with only one owner. The intended scarcity of the NFT matters, and is up to the creator.
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Want to know what your NFTs are worth?
Or perhaps you’re looking for a tool that will help you track an NFT price of your NFTs?
No problem, because we’ve done the research and there are solutions to both of your problems.
In this guide, you’ll learn how to estimate the current market price of your NFTs as well as what tools can be used to track their daily price.
And for those of you who are simply trying to find the current NFT coin price, we’ve got you covered as well.
Let’s get right to it.
Key Points (tl;dr)
- Most investors you get started in NFTs eventually get so addicted, that they feel the need to check the price of their tokens every day.
- There are too generally accepted ways of quickly estimating the price of your NFTs.