CoinShares launches a Twitter bot that estimates NFT prices
Join Our Telegram channel to stay up to date on breaking news coverage CoinShares, a digital asset management company, has unveiled an experimental Twitter bot. The bot will allow users to check the fair market value of some non -fungible tokens (NFTs). However, a few of these NFTs have a market value different from what has been given by the estimates, which has attracted criticism. CoinShares unveils Twitter bot for NFT prices CoinShares announced the launch of the Twitter bot known as CoinSharesNFTAI through a tweet on October 13. The company said that the algorithm was focused on aggregating multiple data sets from the OpenSea NFT marketplace to check the fair value of the NFTs. CoinShares said that the process of pricing NFTs was not easy because of the volatility of these assets. Nevertheless, millions of NFTs were listed in the market, and some did not have any trading history. Some users have not been impressed with the estimates of NFT values. One user that holds ...