The Complete Guidebook to NFTBank Part 1 — Discover Page

John Kim
NFTBank.ai
Published in
4 min readSep 30, 2022

The NFT space has a vast majority of players. From a beginner who just started buying his/her first NFT on OpenSea to the OGs that have barely survived the NFT winter (still in the process of surviving🥶).

However, no matter who you are, we are all tied down to answering the same questions:

  • Which NFTs should I buy?
  • Which NFTs are worth buying? selling?
  • How can I know which NFT is more valuable than the other in a collection?
  • How do I find/learn about these NFTs?

NFTBank has made a comeback with our new desktop features and here is your guide to using it. We’re going to deliver this feature-packed product in three separate articles so stay tuned for the upcoming articles.

Starting is half the battle, and we start at the discover page. Discover different opportunities for what you can do with NFTs whether that’s buying them, selling them, or even finding those that you can loan against! Let’s take a look at some features.

Click here to follow along the guide:

NFTBank Index: The current market conditions

There’s no better way to start your journey than by seeing the overall NFT market and that is represented by an index.

It’s often easy to get confused about which NFT is leading the market so we have provided an index of our own! Take a look at the chart of our blue-chip index on a daily basis to see how the market is doing as a whole. You’ll be able to see how the index changes with the daily trade volume as well. If you’re curious about which collections belong to the index click on the “NFTBank Bluechip” tab under NFTBank Stats.

NFTBank Stats: NFTBank’s EXCLUSIVE INFO

If you went ahead and clicked on the NFTBank Stats, you’ll see different statistics along with each NFT collection. Although the statistics may look something general for any platform, if you take a closer look, these statistics are exclusive to NFTBank only!

If you click on the top 100 tab, you’ll see the top 100 NFT collections ranked by our estimated market cap, derived from our estimate price model which is based on actual transactions. Since transactions happen daily, we give you how much the estimated market cap changes on a daily basis as well on the “%Change(1D)” next to the estimated market cap.

You can even get some helpful insights from stats such as:

  • Newly listed (1D) — See how many NFTs within the collection were listed for the past day for listing. You can use this metric to determine how many people are “wanting to sell” this.
  • Deal of the day — Click on the arrow next to the fire to see the NFTs that are underpriced on OpenSea. Buy NFTs at a discount right now!

NFTBank Stats: Buy. Sell. LOAN

NFTBank is bullish on NFT Finance and we have been participating in NFT lending platforms like Pine (More protocols to be added soon!). Pine is a P2Pool lending platform and we have integrated Pine’s protocol into our desktop product so that you can look at the collections that Pine accepts as collateral.

Take a look at the collections and if you hold any of them, borrow ETH right away from your portfolio!

NFTBank Stats: Leaderboard Stats — Learn how the PROS do it

Now it wouldn’t be fair if we gave you this many tools and just made you go about your way. We have added our “leaderboard” to our desktop feature to show users whose NFT-holding wallets have performed best over time. Our portfolio managing service highlights the wallet’s net income, revenue, spending, and even the number of followers they have to see how popular the wallet is.

By exploring the portfolios that are listed under this tab, you’re one step closer to really understanding how NFT investing works. The top listed wallets do not contain the same portfolio of NFTs as each other so you have a lot more wallets to choose from based on which NFTs you want to focus your portfolio on. Even if you’re someone just starting out, take a good look at which NFTs the pros buy and how they manage their portfolio based on the market conditions!

Curious to see who is in the ranks right now?

Have a look yourself in our ranks

With so many tools added to our desktop’s discover page, one can think that this is it. But as I have mentioned before, this is not even half of what we have yet to uncover. Stay tuned for part 2 of NFTBank’s Guidebook: The Collection Details Page

P.S. coming out sooner than you think 😉

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