OpenSea To Adopt OpenRarity Ranking For All Eligible Collections
OpenSea announced that it would adopt the OpenRarity ranking methodology for eligible collections across all chains on October 25. Creators will still be able to choose to turn off OpenRarity so that their NFT collections don’t show a rarity ranking.
According to the announcement, the NFT marketplace will enable a consistent, free-to-use, open source, and multi-chain compatible rarity ranking system that includes all of its EVM chains and Solana.
As a result, some collectors will see rarity rankings appear for their collections.
Previously, OpenSea launched NFT rarity protocol OpenRarity in September. Creators can choose to join in to have their NFT collections ranked.
According to the OpenSea Help Centre, the OpenRarity Standard will be an open, transparent, and repeatable standard for rarity rankings within the NFT sector.
The OpenRarity protocol is a community-driven NFT movement that brings together markets, NFT producers, and rarity tools to standardize the industry. Curio, Icy.tools, OpenSea, and Proof are among the companies that contributed to the protocol.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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Harold
CoinCu News
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NFTs News
OpenSea To Adopt OpenRarity Ranking For All Eligible Collections
OpenSea announced that it would adopt the OpenRarity ranking methodology for eligible collections across all chains on October 25. Creators will still be able to choose to turn off OpenRarity so that their NFT collections don’t show a rarity ranking.
According to the announcement, the NFT marketplace will enable a consistent, free-to-use, open source, and multi-chain compatible rarity ranking system that includes all of its EVM chains and Solana.
As a result, some collectors will see rarity rankings appear for their collections.
Previously, OpenSea launched NFT rarity protocol OpenRarity in September. Creators can choose to join in to have their NFT collections ranked.
According to the OpenSea Help Centre, the OpenRarity Standard will be an open, transparent, and repeatable standard for rarity rankings within the NFT sector.
The OpenRarity protocol is a community-driven NFT movement that brings together markets, NFT producers, and rarity tools to standardize the industry. Curio, Icy.tools, OpenSea, and Proof are among the companies that contributed to the protocol.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Harold
CoinCu News
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