How much is an NFT worth? CoinSharesCo has released an AI bot called CoinSharesNFTAI that uses data to suggest a fair price. Some users have questioned the tool's accuracy but a spokesperson said it shouldn't be used as 'the sole data point.'
"The AI thought its value was below the [current] floor price," he told CoinDesk."That was interesting, so I figure it suggests the price that will get bought quickest."
"Some of these attributes are quantifiable – even hype is not as elusive a factor as it might seem," the spokesperson said."To evaluate the hype of a specific collection, we can count its followers on social media platforms, as well as the volume and value of past transactions. The same applies to rarity within a collection, by looking at the attributes of the asset."
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