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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 flooring costs, AI flooring costs, and 24-hour common transaction costs, enabling decentralized and real-time worth feeds.
Banksea NFT Oracle pioneers utilizing AI know-how, mixed with massive information, synthetic intelligence, and blockchain to kind a decentralized monetary infrastructure, which supplies companions with safe, goal, and real-time NFT evaluation and valuation.
To this point, Most NFT financialization initiatives are primarily based on the value feed of NFT assortment dimensions (for instance, Banksea’s companions Frakt and Pine Protocol, and so on.). Mixed with the present market demand, Banksea Oracle V1.0 supplies the on-chain information providers of Solana NFT collections. The worth feed providers embody:
- Flooring worth: The ground worth of NFT collections shall be calculated, in line with the itemizing info on numerous marketplaces.
- AI flooring worth: Based mostly on the transaction information of the entire chain, it’s generated by the AI mannequin, which primarily solves the occasional stability drawback of the market flooring worth, and prevents the danger of the attacker’s short-term manipulation of the market flooring worth.
- 24h common transaction worth: The typical transaction worth on numerous 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 totally free, together with Degenerate Ape Academy, Degods, Okay Bears, and so on.
Banksea will launch Oracle providers with AI valuation of particular person Solana NFT, develop Oracle for Ethereum NFT valuation, and develop the cooperation with ecological companions. Banksea goals to determine a multi-chain NFT monetary ecosystem primarily based on the decentralized, safe, and real-time NFT valuation system from Banksea Oracle.