Sunday, February 5, 2023
BitWolf
  • Home
  • Cryptocurrency
  • Blockchain
  • Nft & Metaverse
  • Market
  • Bitcoin
  • Ethereum
  • More
    • Solana
    • Litecoin
    • Dogecoin
  • Live Prices
No Result
View All Result
No Result
View All Result
BitWolf

Banksea NFT Oracle Launched on Solana Mainnet

bitwolf by bitwolf
September 30, 2022
in Solana
0 0
0
Home Solana


Disclaimer: The textual content beneath is a press launch that’s not a part of Cryptonews.com editorial content material.

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:

  1. Flooring worth: The ground worth of NFT collections shall be calculated, in line with the itemizing info on numerous marketplaces.
  2. 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.
  3. 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. 

Custom-made Feeds can customise the subscription of worth feed providers via the subscription web site or Javascript Library in line with the wants of the value feeding interval, period, and NFT collections.

Learn how to subscribe to AI Valuation? Customers can go to the web page (https://subscribe.banksea.finance/) or the JavaScript API(https://banksea-finance.gitbook.io/oracle/user-guide/javascript-api) to learn to subscribe to the value feed providers.

Subsequent Steps:

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. 

 



Source link

Related

Tags: BankseaLaunchedmainnetNFTOracleSolana
ShareTweetShare
bitwolf

bitwolf

Next Post
The Personalized NFT Avatar Platform on Flow

The Personalized NFT Avatar Platform on Flow

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
Bitcoin Holds Above $17K Despite DCG Uncertainty – CoinDesk

Bitcoin Holds Above $17K Despite DCG Uncertainty – CoinDesk

January 10, 2023
Bitcoin community not happy with Peter Zeihan’s criticisms on Joe Rogan podcast

Bitcoin community not happy with Peter Zeihan’s criticisms on Joe Rogan podcast

January 10, 2023
MULN Stock: Mullen Is the New Dogecoin… Without Any of the Fun

MULN Stock: Mullen Is the New Dogecoin… Without Any of the Fun

January 22, 2023
Why Polygon could play a key role in mass blockchain adoption despite MATIC’s…

Why Polygon could play a key role in mass blockchain adoption despite MATIC’s…

January 10, 2023
Trezor and Wasabi Join Forces To Make Bitcoin More Private

Trezor and Wasabi Join Forces To Make Bitcoin More Private

5
Bitcoin could become the foundation of DeFi with more single-sided liquidity pools

Bitcoin could become the foundation of DeFi with more single-sided liquidity pools

1
DOGE Proponents Express Hope And Concerns Related To Dogecoin-Ethereum Bridges

DOGE Proponents Express Hope And Concerns Related To Dogecoin-Ethereum Bridges

0
Petrousus Token Set to Top the Cryptocurrency Market Like Uniswap and Solana

Petrousus Token Set to Top the Cryptocurrency Market Like Uniswap and Solana

0
Sri Lanka against Bitcoin adoption, rejects Draper’s anti-corruption pitch

Sri Lanka against Bitcoin adoption, rejects Draper’s anti-corruption pitch

February 5, 2023
Fiat is in ‘jeopardy’ but Bitcoin, stablecoins aren’t the answer either: Ray Dalio

Fiat is in ‘jeopardy’ but Bitcoin, stablecoins aren’t the answer either: Ray Dalio

February 5, 2023
How AI can make the metaverse a more interactive space

How AI can make the metaverse a more interactive space

February 5, 2023
Tax strategies allow crypto investors to offset losses

Tax strategies allow crypto investors to offset losses

February 5, 2023

Recent News

Sri Lanka against Bitcoin adoption, rejects Draper’s anti-corruption pitch

Sri Lanka against Bitcoin adoption, rejects Draper’s anti-corruption pitch

February 5, 2023
Fiat is in ‘jeopardy’ but Bitcoin, stablecoins aren’t the answer either: Ray Dalio

Fiat is in ‘jeopardy’ but Bitcoin, stablecoins aren’t the answer either: Ray Dalio

February 5, 2023
How AI can make the metaverse a more interactive space

How AI can make the metaverse a more interactive space

February 5, 2023

Categories

  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Dogecoin
  • Ethereum
  • Litecoin
  • Market & Analysis
  • Nft & Metaverse
  • Solana
  • Uncategorized

Tags

Big Binance Bitcoin Blockchain BNB BTC Cardano Coin Cointelegraph crypto Cryptocurrency Data DOGE Dogecoin ETH Ethereum Exchange eyes FTX Heres Inu Investors Latest Litecoin LTC Magazine market merge News NFT NFTs Polygon price rally Shiba SOL Solana Today token Top Trading Tweet Web3 Week XRP

© 2022 BitWolf All Rights Reserved

No Result
View All Result
  • Home
  • Cryptocurrency
  • Blockchain
  • Nft & Metaverse
  • Market
  • Bitcoin
  • Ethereum
  • More
    • Solana
    • Litecoin
    • Dogecoin
  • Live Prices

© 2022 BitWolf All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In