OpenSea has integrated the OpenRarity tool for tracking scarcity, which informs customers about the rarity of a specific NFT. 1/ Today we are launching @OpenRarity on OpenSea! We’re starting with the wonderful @coolcatsnft @pudgypenguins and @moonbirds teams, who have opted their collections into OpenRarity – go check them out! 💙👇 pic.twitter.com/BzXK0PeQHZ — OpenSea (@opensea) September 21, 2022 Last week, Cryptoknowmics reported that OpenSea had announced on Twitter the invention of a rare protocol termed OpenRarity in collaboration with Curio, icy.tools, and PROOF to create a fully transparent, open-source rarity rating system that would benefit artists and customers. In the tweet, it was also stated that the OpenRarity protocol would officially launch next week. 3 NFT Projects to First Use OpenRarity Pudgy Penguins, Cool Cats, and Moonbirds, three well-known NFT projects, are the first to use OpenRarity on their commercial websites. These NFT sets contain NFTs between 8,888 and 10,000 produced using algorithms and pictures. Less than 1% of the collection contains some elements from these NFTs, such as the robot face on Cool Cats or the pillow case on Pudgy Penguins’ heads. The adoption of OpenRarity by OpenSea eliminates the questions concerning how rare specific NFT features are, enabling users to stay on OpenSea and avoid utilizing external NFT scarcity tracking tools. NFT Rarity – First Detail Observed An NFT’s rarity...
