NFT Net Worth by Current Floor Price only
C
Carlos Gonzalez
Please enable this. Not a huge fan of seeing my balanced based on “estimated value”. Who estimates that? Floor makes more sense
L H
Using the value that I paid for some NFT's in August instead of floor price is just crazy. They aren't worth even half that. Floor price is the only thing that should be used, even for rare traits, because as much as people want to pretend that it isn't the case: the only price you can actually rely on is floor (and not even that always).
Melodic Platypus
L H: ya just bonkers. no point in seeing how much i spent(lost).
0xProlific
Maybe there's a way to use rarity.tools for exact floor pricing of specific traits.
L H
0xProlific: floor is the only reliable figure unfortunately. Valuing them based on specific traits is completely misleading (not as misleading as using the purchase price though - whats that about?)
Fatima K.
Merged in a post:
Calculate specific value of NFT's instead of just using floor price?
L
Lilchichi
I'm not sure how difficult this would be, but I'm thinking instead of just using floor price of the collection, perhaps being able to peg the price to the highest worth attribute of the specific NFT. For example my NFT's head attribute might have an average buy price of 1ETH, the body an average of 0.5ETH and there may be a very rare attribute with an average of 3ETH - So automatically zapper would show the value being 3ETH.
Does this make sense, it just seems like a much more accurate way to value the rarity.
Fatima K.
Merged in a post:
Override NFT valuation as a multiple of floor
Daniel Howland
If I own 1 floor NFT and 1 rare NFT from the same collection. I should be able to input a floor multiplier to use to value my rare NFT.
This will mean that when the floor drops, my rare NFT gets proportionally less valuable, and when the floor rises my rare NFT gets proportionally more valuable without me having to edit it's value in some manual way.
This will allow for a better rough estimate of value than currently. The user would also be able to update this to reflect a change in price distribution and make the estimate more accurate as much or as little as they'd like to.
By setting a multiplier of 1 we can also cover the case where I have paid for a floor quality NFT that has declined in value.
For example I have purchased a Sevens NFT at 1.5E that is now worth 0.4E, it currently reports 1.5E as the value. If I could override this with a floor multiple of 1 (as it is a floor quality NFT) it would track the floor accurately even as it decreases, without erroneously assuming that because I paid a lot for it, it is rare.
Fatima K.
Merged in a post:
NFTs net worth calculator issues
A
Aditthya Ramakrishnan
it counts even bundles listed at floor (x10) and prices are calculated as much higher than they really are. Many NFT projects are accounted for as zero value or the last purchase price instead of current project floor price (opensea shows floor price now, probably possible to use their API and implement this)
Fatima K.