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MetaMask rolls out NFT portfolio value tracker with new partnership

MetaMask users will now have the ability to track the value of their nonfungible token (NFT) portfolio through its latest product. The wallet provider announced a new feature on Nov. 2, which will bring updated pricing information for the over 5,000 NFT collections held by MetaMask users. The new utility comes as a result of a partnership with NFTBank, an NFT portfolio management tool and valuation engine. To create its predictions, NFTBank uses machine learning algorithms which update users with price estimates for individual NFTs within a collection. According to the announcement the algorithm takes into consideration parameters such as floor price, rarity, and bid/ask distribution when calculating a price value. The tool allegedly offers around 90+% accuracy price predictions. Daniel Ki...