Banksea NFT Oracle launched on Solana Mainnet
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The first AI-powered NFT Oracle, the Banksea NFT Oracle, has officially launched on Solana’s mainnet.
The Banksea NFT Oracle will provide Solana NFT collections with floor prices, AI floor prices and 24-hour average transaction prices, enabling decentralized and real-time price feeds.
Banksea NFT Oracle pioneers using AI technology, combined with big data, artificial intelligence and blockchain to form a decentralized financial infrastructure, providing partners with secure, objective and real-time NFT analysis and valuation.
So far, most NFT funding projects are based on the pricing of NFT fundraising dimensions (for example, Banksea’s partners Frakt and Pine Protocol, etc.). Combined with the current market demand, Banksea Oracle V1.0 provides the chain data services to Solana NFT collections. The price feed services include:
- Floor price: The floor price of NFT collections will be calculated, according to the listing information on various marketplaces.
- AI floor price: Based on the transaction data of the entire chain, it is generated by the AI model, which mainly solves the occasional stability problem of the market floor price, and prevents the risk of the attacker’s short-term manipulation of the market floor price.
- 24-hour average transaction price: Average transaction price on various marketplaces within 24 hours.
There are two tiers of price feed services: Free Feeds and Custom Feeds. Free Feed will provide hourly updates for some Solana NFT collections for free, including Degenerate Ape Academy, Degods, Okay Bears, etc.
Custom Feeds can customize the price feed services subscription through the subscription website or Javascript library according to the needs of the price feed interval, duration and NFT collections.
How to subscribe to AI Valuation? Users can visit the Page (or JavaScript API) to learn how to subscribe to the Price Feed Services.
Next step:
Banksea will launch Oracle services with AI valuation of individual Solana NFTs, develop Oracle for Ethereum NFT values and expand cooperation with ecological partners. Banksea aims to establish a multi-chain NFT financial ecosystem based on the decentralized, secure and real-time NFT valuation system from Banksea Oracle.
