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So now let’s take a look at DeGods NFTs #5313 and #6076 again. • DeGods #5313 average trait rarity = (2.6 + 11 + 4.7 + 4.3 + 55 + 3 + + 54 + 7.3 + 91 + 89)/10 = 32.19% • DeGods #6076 average trait rarity = (2 + 2.5 + 54 + 1.2 + 5.7 + 3.4 + 2.1 + 4.2 + 91 + 89) = 25.51% By using this method, we can see that overall, DeGods #6070 would be considered rarer. And while comparing these two NFTs, we got the same result of which NFTs of this collection are the rarest, it’s not always the case. The weakness of this method is that it ignores the value of an individual rarest trait and only shows the overall average rarity. Statistical Rarity Statistical rarity method multiples all the trait rarities to get the overall rarity of an NFT. Often communities put these statistics into a spreadsheet to get a good overview of what the collection has to offer. To calculate the statistical rarity for an NFT that would have two attributes, one at 50% rarity and other at 15% rarity the calculation would be as follows. Statistical rarity = 50% (0.5) x 15%(0.15) = 0.075% So once again, let’s take a look at the DeGods NFTs discussed above. • Statistical rarity of DeGods #5313 = 2.6% x 11% x 4.7% x 4.3% x 55% x 3% x 54% x 7.3% x 91% x 89% = 0.000000003044838832% • Statistical rarity of DeGods #6076 = 2% x 2.5% x 54% x 1.2% x 5.7% x 3.4% x 2.1% x 4.2% x 91% x 89% = 0.0000000000042717858% By using the statistical rarity method, once again we can consider DeGods #6076 rarer. This method is rather simple and straightforward, and many believe it to be more reliable than other traditional rarity calculation methods. However, each community has its own preferences on which aspects to prioritize when ranking NFTs as the rarest. If using traditional rarity calculation methods seems too much work, the easier way to check the rarity of your NFTs on the Solana blockchain is simply using rarity rolls that collect data of all NFTs in collection and give them rarity rankings. Here are some of the rarity tools that can help you determine your Solana NFT’s rarity. Hyperspace NFT Hyperspace NFT (formerly known as Solanalysis) is one of the largest and most popular rarity tools on the Solana blockchain. Their platform collects data from every Solana NFT from all the Solana NFT Marketplaces helping users understand how rare their (desired) NFT is. Moreover, their Solana NFT analysis dashboard includes a calendar with upcoming SOL mints, which easily allows users to keep an eye on new projects and potentially be part of something exciting. HowRare HowRare allows users to discover the data behind the NFT market that runs on Solana blockchain. Besides data visualization, they also offer a Rarity Calculator, which gives an estimate of a specific NFT’s rarity. Rarity Sniper Rarity Sniper lets users explore data on Solana NFTs as well as NFTs on other blockchains like Ethereum. To find the collection you are interested in, you can browse their database and select your desired blockchain to filter the results, or simply type in the collection you are looking for information on. 112 <strong>SHILL</strong> <strong>Issue</strong> #<strong>81</strong>
Final Words While rarity plays a big role in determining the value of NFTs, the rarity score should not come in the way of you grabbing the NFT you feel good about - the one’s whose art resonates with you and who as a team you strongly believe in. So remember that even when rarity checking tools help you pinpoint the rarity or NFTs, it cannot be used as an investment advice as after all, other factors like aesthetics and stories also contribute to the value of an NFT. <strong>SHILL</strong> <strong>Issue</strong> #<strong>81</strong> 113
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