![]() ![]() Whenever you want to calculate NFT rarity, you need to know the details of a particular collection. For one, it ensures that the rarest NFTs get the highest score and it is also very simple. However, we believe that the one you’re about to learn herein works great. As long as you are consistent, you can use the equation that makes the most sense to you. As promised above, it focuses on the Bored Ape Yacht Club NFT collection, which consists of a total of 10,000 NFTs and it is ranking all NFTs and then arranges them from the rarest (the one with the highest rarity score) to the least rare (the one with the lowest rarity score).Īs mentioned previously, there are many different options to go about calculating NFT rarity. Looking at the screenshot below, you can see our NFT rarity ranking dApp. Our NFT Rarity Ranking dApp – Previewīefore we take a deep dive into the NFT rarity calculating equation and creation of this example dApp, let’s take a preview of our finished rarity ranker. And, by taking a closer look at this equation, you’ll gain a clear understanding of NFT rarity and how to use it. For that purpose, we have created our own rarity calculating equation. Moving forward we will take on an example project, where you will have a chance to create your own NFT rarity ranking dApp (decentralized application). The rarer the combination or the appearance of a particular layer, the greater the NFT rarity. However, if we focus on collectible NFTs, especially on the kind of collections that are generated by using specific items or traits (in the form of PNG layers) to create a random combination of those layers, NFT rarity is rather important. For instance, when unique NFT art pieces are in question with only one copy of that NFT created, that peace is completely unique. There are many use cases and types of NFTs and in some cases, rarity is not applicable. ![]() With that said, we invite you to follow our lead and take on our example project yourself to get the most out of this article and thus ensure you learn to work with NFT rarity properly. The best thing about Moralis is that anyone JavaScript-proficient and who knows how to use MetaMask can become a blockchain developer in an effortless manner. The latter will give us access to the ultimate Web3 SDK, including NFT API, which will enable us to use short snippets of code to cover blockchain-related backend programming. To complete our feat, we’ll heavily rely on the ultimate Web3 development platform Moralis (a.k.a Firebase for crypto). Using one of the most popular NFT collections, the Bored Ape Yacht Club, as an example, we will show you how to create an NFT marketplace that ranks NFTs from a particular collection based on NFT rarity. Moreover, the latter has one particular quality that we will discuss herein – NFT rarity. And, there’s a particular type of NFTs that tends to grab people’s attention – NFT collectibles. As such, we can expect countless opportunities in relation to NFTs in the upcoming years. Yet, the ball is rolling down the hill and more and more companies and influencers are starting to notice it. Nevertheless, we are still very early in the game, and today is a great time to learn more about NFTs before they truly reach mainstream adoptions. Non-fungible tokens have taken off like crazy, and there seems to be no stopping the NFT hype. If there’s one particular area of the crypto sphere that shined the brightest in 2021, these are definitely NFTs. ![]()
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