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The First AI-Powered NFT Oracle, Banksea NFT Oracle, is formally launched on the Solana mainnet.
Banksea NFT Oracle will present Solana NFT collections with ground costs, AI ground costs, and 24-hour common transaction costs, enabling decentralized and real-time worth feeds.
Banksea NFT Oracle pioneers utilizing AI expertise, mixed with massive knowledge, synthetic intelligence, and blockchain to kind a decentralized monetary infrastructure, which offers companions with safe, goal, and real-time NFT evaluation and valuation.
To date, Most NFT financialization tasks are based mostly on the worth feed of NFT assortment dimensions (for instance, Banksea’s companions Frakt and Pine Protocol, and many others.). Mixed with the present market demand, Banksea Oracle V1.0 offers the on-chain knowledge providers of Solana NFT collections. The worth feed providers embrace:
- Ground worth: The ground worth of NFT collections will likely be calculated, in accordance with the itemizing data on varied marketplaces.
- AI ground worth: Primarily based on the transaction knowledge of the entire chain, it’s generated by the AI mannequin, which primarily solves the occasional stability downside of the market ground worth, and prevents the danger of the attacker’s short-term manipulation of the market ground worth.
- 24h common transaction worth: The common transaction worth on varied marketplaces inside 24 hours.
There are two tiers of worth feed providers: Free Feeds and Custom-made Feeds. Free Feeds will present hourly up to date feeds for some Solana NFT collections without spending a dime, together with Degenerate Ape Academy, Degods, Okay Bears, and many others.
Banksea will launch Oracle providers with AI valuation of particular person Solana NFT, develop Oracle for Ethereum NFT valuation, and broaden the cooperation with ecological companions. Banksea goals to ascertain a multi-chain NFT monetary ecosystem based mostly on the decentralized, safe, and real-time NFT valuation system from Banksea Oracle.