What are rare NFT's (Non Fungible Tokens) and how to find them?

in #crypto2 years ago

First posted at: Loop

So what constitutes a rare NFT, is a question asked by many users. But since this is an underdeveloped subject to date, there's no straight answer to it. Most users would associate a high price to it's rarity but that's not really the case as you will find some super rare NFT with minimal prices. But is price really a factor in what constitutes a rare NFT. Of course not.

The characteristics of a rare NFT is self explanatory. An NFT is rare if there exist very few duplicates of it or it’s unique. The more that number goes down, the more rare that NFT will be considered.

However, that seems like a hard task to find what a rare NFT is. If you are doing that manually it would cost you hours for large collections of NFTs. Luckily, there are tools available to do the search for you and find the rare NFTs for you.

Thanks to Rarity.tools, you can find rare collections and sort out a particular NFT ranking on the rarity list. All you need to do is to find the ID number of each NFT and look it up on the rarity.tools and it will sort out the ranking based on its rarity.

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For more: https://cryptomoot.quora.com/

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