NFTBank x MetaMask — NFTBank Valuation Powers MetaMask’s New Portfolio Dapp

Sophie Jang
NFTBank.ai
Published in
3 min readNov 3, 2022

We are proud to announce our partnership with MetaMask, the leading crypto wallet with over 30 million users worldwide. As one of the most trusted NFT price appraisal services, NFTBank is now powering pricing information for 5000+ NFT collections featured in MetaMask’s new NFT portfolio dapp.

MetaMask Launches a New Portfolio Dapp

Many of us own multiple MetaMask wallets to safely and effectively manage assets of different purposes. With the newly launched MetaMask Portfolio Dapp (in beta), you can import your MetaMask wallets to view your crypto and NFT assets at a glance.

However, it isn’t obvious as to which pricing method should be adopted when calculating the values of individual NFTs. Floor price cannot reflect the premium values of the rarest NFTs, and sales price cannot reflect the current value of NFTs in real time.

This is where NFTBank price estimation jumps in. Through its advanced Machine-Learning based technology, NFTBank provides “price estimates,” which is a perfect suit for computing individual values of NFTs.

Starting today, you will be able to view NFTBank valuation in individual NFT tabs. Click here to connect your MetaMask wallet and view your NFT portfolio value!

Why NFTBank?

NFT pricing is a complex issue; not only is every NFT unique, but sales transaction data is also extremely limited. From the earliest days of NFTs, NFTBank has sought to tackle this issue.

The years of work led to an advanced Machine Learning-based statistical algorithm to provide price estimates for individual NFTs with over 90% accuracy. The system utilizes information such as floor price, rarity, and bid/ask distribution to overcome the limitations of floor price.

Today, NFTBank offers pricing information for over 5000 NFT collections and makes them available both with APIs and its own dedicated app.

“MetaMask continues to provide a rich NFT Experience, and enabling pricing information for our users within the portfolio dapp is another step forward; beginning today, our users can get real-time price updates and values about the NFTs they’ve acquired across all accounts to enable them to make informed decisions.”

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.”

— Kai Huang, Product Manager, MetaMask Portfolio dApp

What the Future Holds

NFTBank has combined efforts with one of the biggest wallet providers, and this is just the beginning of what’s to come. 30 million MetaMask users will soon be onboarded to MetaMask’s new portfolio product — and this is when NFTBank price appraisal will become the most trusted NFT valuation model.

Are you looking to know more about NFTBank’s valuation model? Read about our valuation here in our API docs. Get a chance to test out our API by requesting an API key through this Typeform. You can always reach out to us for a new partnership or collaboration opportunities!

About NFTBank

NFTBank is an NFT portfolio management tool and valuation engine, allowing users to make informed decisions about their NFT portfolio and enable advanced DeFi use cases. NFTBank’s ML-powered NFT valuation engine covers 5000+ projects with high accuracy. NFTBank has already become the NFT valuation solution for key projects in the scene, such as Chainlink, NFTfi, Pine, Stater, and Unlockd Finance. NFTBank is supported by Hashed, DCG, and other partners and investors.

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