raritysniper.com
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Submitted URL: http://raritysniper.com/
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Submission: On December 09 via api from US — Scanned from DE
Effective URL: https://raritysniper.com/
Submission: On December 09 via api from US — Scanned from DE
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<div class="text-body font-bold text-gray-800 dark:text-white">Dreadfulz</div>
<div class="flex items-center antialiased text-gray-500 dark:text-white/50 text-body-3"><i class="fab fa-ethereum leading-[inherit] hover:brightness-90 fa-sm"></i> <span class="ml-1">925 volume (7d)</span></div>
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</div>
<div class="autocomplete-list-item svelte-zbojzr">
<div slot="item" class="flex items-center py-2.5">
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<div class="text-body font-bold text-gray-800 dark:text-white">Lil Pudgys</div>
<div class="flex items-center antialiased text-gray-500 dark:text-white/50 text-body-3"><i class="fab fa-ethereum leading-[inherit] hover:brightness-90 fa-sm"></i> <span class="ml-1">653 volume (7d)</span></div>
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<div class="flex-1 space-y-1">
<div class="text-body font-bold text-gray-800 dark:text-white">Mutant Ape Yacht Club</div>
<div class="flex items-center antialiased text-gray-500 dark:text-white/50 text-body-3"><i class="fab fa-ethereum leading-[inherit] hover:brightness-90 fa-sm"></i> <span class="ml-1">647 volume (7d)</span></div>
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<div class="text-body font-bold text-gray-800 dark:text-white">Bored Ape Yacht Club</div>
<div class="flex items-center antialiased text-gray-500 dark:text-white/50 text-body-3"><i class="fab fa-ethereum leading-[inherit] hover:brightness-90 fa-sm"></i> <span class="ml-1">578 volume (7d)</span></div>
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<div class="autocomplete-list-item svelte-zbojzr">
<div slot="item" class="flex items-center py-2.5">
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src="https://media.raritysniper.com/collections/the-captainz.webp" loading="lazy" decoding="async"> <img aria-hidden="true" class="w-full h-full align-middle object-cover placeholder dark:hidden svelte-f3nlpp opacity-0 absolute"
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<div class="flex-1 space-y-1">
<div class="text-body font-bold text-gray-800 dark:text-white">The Captainz</div>
<div class="flex items-center antialiased text-gray-500 dark:text-white/50 text-body-3"><i class="fab fa-ethereum leading-[inherit] hover:brightness-90 fa-sm"></i> <span class="ml-1">386 volume (7d)</span></div>
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<div class="autocomplete-list-item svelte-zbojzr">
<div slot="item" class="flex items-center py-2.5">
<div class="w-10 h-10 mr-4 bg-darkRow rounded-full overflow-hidden">
<div class="w-full h-full align-middle overflow-hidden relative svelte-f3nlpp"><img class="w-full h-full align-middle object-cover dark:brightness-80 dark:contrast-103 svelte-f3nlpp" alt="logo"
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<div class="flex-1 space-y-1">
<div class="text-body font-bold text-gray-800 dark:text-white">Kanpai Pandas</div>
<div class="flex items-center antialiased text-gray-500 dark:text-white/50 text-body-3"><i class="fab fa-ethereum leading-[inherit] hover:brightness-90 fa-sm"></i> <span class="ml-1">347 volume (7d)</span></div>
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<div class="autocomplete-list-item svelte-zbojzr">
<div slot="item" class="flex items-center py-2.5">
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src="https://media.raritysniper.com/collections/azuki.webp" loading="lazy" decoding="async"> <img aria-hidden="true" class="w-full h-full align-middle object-cover placeholder dark:hidden svelte-f3nlpp opacity-0 absolute"
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<div class="flex-1 space-y-1">
<div class="text-body font-bold text-gray-800 dark:text-white">Azuki</div>
<div class="flex items-center antialiased text-gray-500 dark:text-white/50 text-body-3"><i class="fab fa-ethereum leading-[inherit] hover:brightness-90 fa-sm"></i> <span class="ml-1">315 volume (7d)</span></div>
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</form>Text Content
Rarity
Sniper
* Collections
* Stats
* Drops
* Services
* News
* NFT News
* New Features
Pudgy Penguins
1k volume (7d)
CryptoPunks
1k volume (7d)
Dreadfulz
925 volume (7d)
TOPIA Worlds
724 volume (7d)
Lil Pudgys
653 volume (7d)
Mutant Ape Yacht Club
647 volume (7d)
Bored Ape Yacht Club
578 volume (7d)
The Captainz
386 volume (7d)
Kanpai Pandas
347 volume (7d)
Azuki
315 volume (7d)
* * Collections
* Stats
* Drops
* Services
* NFT News
* New Features
411k
300k
Get Listed
* List Drop
* List Collection
* Collections
* Stats
* Drops
* Services
* NFT News
* New Features
Get Listed
* List Drop
* List Collection
411k
300k
LEARN MORE ABOUT RARITY SNIPER AND NFT RARITY
Non-fungible tokens (NFTs) have taken the world by storm. In 2021, the NFT
market did $25 billion in sales and NFT, and non-fungible tokens, was the most
searched word of the year.
The meteoric rise of NFTs has made many people curious about the nascent
technology, from individuals to big businesses. In fact, it seems like nearly
every day another well-known brand or company enters the NFT space, and
celebrities are buying into NFT collections and releasing their own projects
left and right.
But for people interested in purchasing NFTs or creating their own exclusive NFT
project, understanding what makes them valuable is critical. According to the
founder of Rarity Sniper, though there are several pillars needed for a
successful NFT project, rarity is the most important.
We'll examine rarity in NFTs, how it works and why it's important, and we'll
look at some tools that are available to help you determine an NFT's rarity,
such as Rarity Sniper. Lastly, we'll conclude with some tips about how you can
create the best rarity ranking for your own NFT collection or project.
WHAT IS RARITY SNIPER?
For collectors, understanding rarity and how it affects an NFTs price is
critical before making a purchase. The rarity of an NFT is calculated based on
the rarity of different traits that it's compiled of. This may sound simple, but
when you're dealing with large collections that contain thousands of individual
NFTs, calculating the rarity of each NFT can be difficult.
Fortunately, there are several tools available to help you determine an NFT's
rarity, the best of which is called Rarity Sniper. Rarity Sniper is one of the
biggest NFT communities in the world, and it all started with one person's
realization of the importance of determining the rarity of NFTs.
Nearly a year ago, the owners used a rarity tool to “snipe” exclusive NFTs from
Bored Ape Kennel Club and Cool Cats. NFT “sniping” refers to purchasing rare
NFTs that are underpriced on secondary markets, usually because the seller is
unaware of the NFTs' rarity.
When they realized how useful the tool could be for the NFT community, they
created a Rarity Sniper Discord to help people check their NFT's rarity
accurately. At first, the Rarity Sniper sent users screenshots of their NFT's
rarity using his personal rarity sniping tool, but before long he had a
full-time job on their hands and knew something more efficient needed to be
done.
When the Rarity Sniper Discord grew to over 250 thousand users, the Rarity
Sniper team decided to make an improved rarity tool. In only twelve hours they
coded an enhanced rarity checking tool, and shortly after made it available to
everyone on the Rarity Sniper Discord server.
At the time of writing, the Rarity Sniper Discord has over 300K active users and
growing. In November, Rarity Sniper launched its website—which saw almost 1
million unique visitors in the first month.
Currently, the site ranks over 1,000 generative NFT collections by rarity and
allows users to search the collections based on traits, see collection stats,
upcoming NFT drops, and even list their NFT projects on the upcoming NFT drops
calendar.
Recently, a “buy now” feature was recently added that enables visitors to check
not only the rarity but also the price of an NFT on the secondary marketplace
OpenSea. This tool is convenient for NFT snipers since it allows them to check
the different prices of NFTs and compare rankings without having to toggle back
and for between secondary marketplaces and Rarity Sniper.
Rarity Sniper also covers NFT news, staying on top of the latest trends and
happenings in the NFT, cryptocurrency, Web 3.0 and metaverse spaces. In the
future, the company aspires to become the most trusted media brand in NFTs as
well as create an open rarity standard for the NFT space.
WHY IS NFTS RARITY IMPORTANT?
If you've ever wondered why certain NFTs sell for hundreds of thousands or
millions of dollars while others from the same collection go for much less—the
answer is rarity.
Rarity refers to how uncommon an NFT is within a collection, and it is a
critical element to making generative NFT collections not only exciting for
collectors but also valuable.
The rarity of an NFT is determined by the frequency in which the traits and
characteristics that comprise it appear within the given collection. For profile
picture (PFP) NFTs, traits might consist of a face, mouth, eyes, headwear,
background, accessories, and whatever other characteristics make up the NFT.
In the popular NFT collection Bored Ape Yacht Club, for example, the Bored
Unshaven Pizza Mouth only appears 26 times out of 10,000 in the collection. This
makes each NFT that contains the trait extremely rare since only .26% of the
NFTs in the collection have the Unshaven Pizza Mouth. Unsurprisingly, six out of
the top 20 most rare Bored Apes contain this trait.
Even less surprisingly, since NFTs that possess unique traits or a combination
of unique traits have higher rarity rankings, the Bored Apes that have an
Unshaven Pizza Mouth are extremely valuable.
When you don't know how rare your NFT ranks within a collection it is nearly
impossible to accurately determine its value. That's why rarity checking tools
such as Rarity Sniper are so important to the NFT community.
CRYPTOPUNKS: A SHORT HISTORY OF NFTS AND RARITY
When Larva Labs released its collection of 10,000 algorithmically generated
avatar profile picture NFTs of pixelated punk images called CryptoPunks in 2017
and gave them away for free to anyone willing to pay Ethereum gas gees, they
wanted to see if digital art minted on the blockchain could have value.
Five years later and the answer is an emphatic YES. The Punks are now considered
an OG NFT collection and individual Punks have sold for millions of dollars and
are owned by celebrities like Snoop Dogg, Logan Paul, Gary Vee, Serena Williams,
Steve Aoki, and Jay-Z.
One of the main reasons the Punks have been so successful is because of how they
implemented the concept of rarity into their collection. Similar to the way
trading cards are limited in number and some are rarer than others, CryptoPunks
transferred this idea to digital artwork and the NFT game was never the same.
There are 10,000 NFTs in the CryptoPunk collection and most of the Punks are
humans; 3,840 Female and 6,039 Male. There are also 88 Zombies, 24 Apes, and
nine Aliens. Aside from each character type, there are 87 additional attributes.
The rarer attributes include beanie (44 in the collection), and choker (48). It
is also rare for a CryptoPunk to have no attributes at all (8), or 7 attributes
(only 1).
Unsurprisingly, Alien Punks and Punks with rare attributes like a beanie
generally fetch higher prices than more common types and traits make up most of
the collection.
By making each CryptoPunk NFT unique and some rarer than others, Larva Labs
created a hierarchy within their collection and generated excitement among
collectors. Imagine being an early adopter of CryptoPunks and minting an Alien
Punk with a rare attribute that today could be worth millions of dollars.
Of course, rarity has always played a critical role in the value of collectibles
and other types of art, which the creators of CryptoPunks understood when they
created a collection that would serve as a blueprint for generative NFT
collections to come.
It's also worth noting that there will never be more than 10,000 original
CryptoPunk NFTs in existence. This means that each CryptoPunk NFT is a rare
digital asset in itself, regardless of its rarity ranking.
In this sense, CrytpoPunks and most of the derivative NFT projects, are layering
rarity on rarity to create value—the limited number of NFTs in a collection +
the rarity ranking of each NFT within that collection.
WHAT IS A NFT RARITY SCORE?
When Rarity Sniper tools determine an NFT's rarity ranking within a collection,
a rarity score is given. The rarity score of a digital asset can be determined
through several formulas.
Most commonly, a score is assigned to each trait within a collection. This is
called the “trait rarity score.” The trait rarity score is determined by taking
the total number of NFTs within a collection and dividing it by the number of
NFTs that possess a specific trait. Traits that appear less frequently among the
digital assets are given higher trait rarity scores.
To calculate the overall rarity score of the NFT, the values of these traits are
added up. Although other factors can be involved when calculating rarity and
rarity checking tools are not always in 100% agreement about ranking, Rarity
Sniper has proven to be a reliable tool for thousands of investors, collectors,
and NFT fans.
HOW TO CHECK AN NFT'S RARITY?
If you're considering buying into an NFT collection after it has been released,
then you want to make sure you check the NFT's rarity and how the price compares
to others in the collection. Luckily, for NFT collectors, investors, and
enthusiasts it's easy to check an NFT's rarity ranking without doing all the
math yourself.
Checking how your NFT ranks within a collection on Rarity Sniper is simple. Just
search for your collection and enter your NFT's ID. Not only will you be shown
the rarity ranking and rarity score, but you can also see a list of the NFT's
traits and how rare each trait is in the collection.
Rarity Sniper ranks Ethereum, Solana and Polygon-based NFTs. You can also visit
Rarity Sniper to find out about upcoming NFT collections that will be minted on
the Ethereum, Solana, and Polygon blockchains.
HOW ARE RARITY SCORES DISTRIBUTED IN NFT COLLECTIONS?
One interesting thing to analyze in generative NFT collections is how rarity is
distributed among individual NFTs in the collection.
When you look at how rarity scores are distributed among some of the most
popular NFT collections such as CryptoPunks and Bored Ape Yacht Club, they tend
to contain a small amount of extremely rare assets and a large amount of more
common assets. In other words, rare NFTs in the collection are, well, rare.
For example, most of the NFTs in BAYC are slightly above the “floor” rarity
score and a few hundred are far rarer than the rest. In the CrytoPunks
collection, the curve is even sharper. Nearly all the Punks have similar rarity
scores, but a tiny percent (such as the Alien, Zombies, and Ape Punks) are
exceptionally rare in relation to the rest.
That means that owning one of the rarer assets in these collections is
especially difficult and the value of the NFT is reflected in that. Having fewer
rare NFTs in a collection also creates excitement and enthusiasm for people who
are minting NFTs.
For NFT collectors and creators alike, the way rarity is distributed throughout
a collection is critical. And collectors who get lucky enough to mint a rare NFT
from a successful collection can be rewarded.
HOW DOES RARITY AFFECT NFT PRICES?
By looking at sales from a classic NFT collection such as CryptoPunks, we can
see how rarity affects the value of each NFT. Listed below are some of the top
and bottom sales of CryptoPunks over in 2021-2022:
* Punk 5822. Sale Price: $23.7 million. Rarity rank: 17th. Special traits: 1/9
Alien Punk. 1/333 Punks with only 1 attribute. Sale date: Feb. 12, 2022.
* Punk 7804. Sale Price: $7.57 million. Rarity rank: 11th. Special traits: 1/9
Alien Punk. 1/254 with cap forward. Sale date: March 11, 2021.
As you can see the two top-selling Punks are extremely rare within the
collection. Conversely, here are two examples of Punks that are more common:
* Punk 4778. Sale Price: $194,573. Rarity rank: 8538. Rarest trait: Blue Clown
Eyes 1/384 in the collection. Sale date: Feb. 3, 2022.
* Punk 7897. Sale Price: $220,566. Rarity rank: 2487. Rarest trait: Red Mohawk
1/147 in the collection. Sale date: Feb. 1, 2022.
Of course, not all NFT collections are as popular as CryptoPunks and you
shouldn't always expect prices this high. But understanding how individual NFTs
from collections like CryptoPunks, BAYC, and Cool Cats sell based on the rarity
can help you better understand how NFT rarity and exclusivity works.
HOW TO MAKE A RARITY STRATEGY FOR YOUR NFT COLLECTION?
Understanding what factors contribute to an NFT's rarity is not only important
for people who want to purchase NFTs on secondary NFT marketplaces, it's also
critical for anyone who wants to create their own generative art NFT collection.
If you're creating a generative NFT collection, then you need to know more than
just how to determine an individual NFT's rarity. You should understand the
myriad of factors that go into an NFT collection's rarity chart.
Listed below are some of the different elements to consider when creating an
excellent rarity chart for an NFT collection:
* Trait categories. Dividing traits into distinct categories helps organize all
a project's unique traits. For example, suppose you have four trait
categories in your collection including Mouth, Background, Facial Expression,
and Headwear. Within each category, there would be a certain number of
specific traits. For example, perhaps there are 7 different types of
Backgrounds—and they vary in how frequently they appear in the collection.
Rarity Sniper recommends that to make your project visually appealing you
should have a minimum of 7 trait categories.
* Unique traits. These are the specific traits that fill out each trait
category. Using the example above, if we take the trait category Headwear and
fill it with 7 unique traits, those traits might consist of a top hat,
baseball cap, beanie, fedora, sombrero, cowboy hat, and no headwear. Perhaps
the “no headwear” trait appears only 200 times in a 10,000-piece collection,
which would make it a rare trait and more valuable than a trait that appears
1,000 times in the collection. It is recommended that you have at least 150
unique traits in your NFT collection
* Rare traits. These are the traits that occur in less than 1 percent of an NFT
collection's total quantity. In the Bored Ape Yacht Collection, for example,
the Dagger Mouth trait appears only 49 times out of 10,000 Apes, making its
rarity rank .49%. Ultra-rare traits create scarcity within NFT collections
and add excitement for collectors.
* Legendary traits. One-of-one legendary traits are even rarer than rare
traits. One of the best examples of legendary traits comes from the popular
Cool Cats NFT collection, which contains several Cool Cats that are
hand-drawn and do not have any computer-generated traits at all. Since the
pieces are extremely rare in the collection, they are ranked higher in rarity
and more valuable. According to Rarity Sniper, an NFT project should have no
more than ten Legendary traits.
Another thing to think about when creating a generative NFT collection is what
type of media you plan to use. Deciding whether you're going to use animation,
images, video, or audio with your NFT project is critical.
Rarity Sniper recommends that using a mix of media is ideal for a successful
generative art NFT project. For example, some NFT collections use static images
for common traits and rare and legendary traits are animated. One effect this
has is making the rarer NFTs more distinguishable.
The last thing to keep in mind when creating your rarity strategy for an NFT
collection is to avoid the use of low-impact visual traits. When traits don't
have a significant visual impact, such as a piece of jewelry that is too small
to see, your collection can be less visually appealing to NFT collectors.
Fortunately, not all the work has to be done alone. By collaborating with
artists and influencers you can design traits that are appealing and attract
collectors and investors to your project.
FINAL THOUGHTS ON RARITY IN NFTS
Although a well-thought-out rarity ranking is fundamental to the success of any
NFT collection, it's not the only element that is important. According to the
Rarity Sniper team, it's best to think about NFT collections in terms of
pillars.
The four most important pillars of any successful NFT collection include art,
utility, community, and you guessed it—rarity. While rarity can create
excitement for collectors, snipers, minters, and creators, having the right
combination of these four pillars is the best way to create a healthy NFT
collection.
For folks interested in collecting, investing, and trading NFTs, using a tool
like Rarity Sniper is critical for tracking the rarity of individual NFTs and
learning how to make better-informed purchases. With Rarity Sniper news, you can
also stay educated on the latest happenings in the NFT space.
Lastly, for people who are industrious enough to create their own NFT projects
and NFT collections, the option to list an upcoming drop on Rarity Sniper is a
great way to help collectors and investors find the project. And once the
project has dropped, it's time to put the collection's rarity chart ranking on
Rarity Sniper.
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