Metamask Launches An NFT Portfolio Tracking Feature

One of the most popular cryptocurrency wallets, Metamask, launched an NFT portfolio tracking feature in partnership with NFTBank. The new utility will allow users to easily track their NFT portfolio’s value. Additionally, the wallet provider announced on November 2 that they’ll offer pricing information for over 5000 NFT collections. 

With over 30 million users worldwide, the cryptocurrency wallet launches an NFT portfolio tracking feature. Credit: Yahoo News

What does the Metamask portfolio feature mean for users?

After hearing about the recent collaboration, one might ask what this means for the 30 million Metamask users. Firstly, due to the current market conditions, NFT pricing has never been more important to understand. Users will be able to make better decisions thanks to the new Metamask feature. But how, you may ask? NFTBank uses machine learning technology, which gives users price estimates for individual NFTs in a collection. According to the BD manager at NFTBank, the algorithm uses the floor price, rarity, and bid/ask distribution to provide the price estimates. In addition, these estimates have an accuracy of above 90%. “NFTBank has proven itself as the ideal partner to enable this feature because of its sophisticated machine-learning models and strong infrastructure capabilities that can support MetaMask’s scale in order to provide a consistent experience for millions of MetaMask users,” said NFTBank product manager Kai Huang.

Who is NFTBank?

NFTBank is a portfolio management tool and valuation engine for NFTs, founded by Daniel Minsu Kim in 2015. They’re already the NFT valuation solution for other major projects like Chainlink, NFTfi, Pine, Stater, and Unlockd Finance. The company is also backed by Hashed, DCG, 1k(x) and other investors. 


The post Metamask Launches An NFT Portfolio Tracking Feature appeared first on NFT Evening.

Related Posts

Crypto Lender Genesis Owes Crypto Exchange Gemini Clients $900M, FT Report

Crypto lender Genesis owes US-based crypto exchange Gemini customers $900 million, according to a December 3 Financial Times report. The report revealed that Gemini had formed a…

WAHED Projects Donates 5 Million Coins to Fund Autism Research

Investment and philanthropy platform WAHED has donated 5 million of its utility token WAHED Coin to Fondazione Europea Alessandro Cenci (FEAC) at a private event in Rome. …

BNX Price Tanks 80% on Rumors of BinaryX Team Selling Treasury Tokens

The BinaryX BNX token has fallen by over 50% in the last 24 hours following rumors of its developers selling treasury tokens. Rumors surfaced earlier today that…

CryptoArt Sundays: Interview with Mist Grafik

Hey all! Welcome to another epic round of CryptoArt Sundays! I’m so excited once again as  get to introduce you to a new, amazing artist this weekend…

Failed FTX Rescue Attempt Revealed, Putin Calls for Digital Currency Settlements — Week in Review

Shark Tank star Kevin O’Leary has revealed his and Sam Bankman-Fried’s failed attempt to raise $8 billion to rescue the now collapsed crypto exchange FTX. In other…

These Are The Two Critical Levels for BTC to Determine the Mid-Term Trend (Bitcoin Price Analysis)

Bitcoin’s price is approaching a significant level, which could prove decisive for the mid-term trend of the market. Although there are some positive signs on the technical…

Generated by Feedzy