Powering The
NFT Market

Data, ratings and appraisals for the NFT asset class.

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Featured Press

NFTs are revolutionary, but we can't value them

In the next 5 years, trillions of dollars in assets will be digitized via NFTs. However, there is no universal way to identify, describe or value these kinds of assets.

Without methods to value these assets, novel uses cannot exist and the NFT market will suffer from limited growth and narrow usage.

The Rate Network Will Power NFT Markets

We are building the first network dedicated to data, ratings and appraisals for the NFT asset class.

A network of decentralized validators enables trust-less asset valuation through access to a variety of data sources, valuation methods and rating criteria.

These data sources and valuation methods can be used across a wide variety of use cases in financial markets, collectibles, art, gaming, and even real-world assets.

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Rate Data Sources

Market Data

Historical data gathered from asset activity across platforms and marketplaces.

Wallet Data

"Whale" wallet holdings and transfer activity unlock new insights about asset flows and market trends

Social Data

Social data related to asset activity is used to feed valuation and trend models

On-Chain Data

Data harvested directly from chain indexing and analysis
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Off-Chain Data

Application layer data is used to correlate off-chain data with asset activity

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Network Technology

Validator Nodes

As new data is added to the Rate Network, nodes are responsible for providing smart contracts with decentralized access.

Node operators are rewarded with RATE in exchange for providing hardware infrastructure and guaranteed uptime to the network.

Network participants who wish to earn RATE without running a validator node can stake their RATE with high-performing nodes to earn a share of rewards.

The RATE Token

RATE is the utility token used to secure interactions throughout the Rate Network. This utility token enables staking-driven participation in the network and limits malicious behavior by incentivizing contributors and punishing bad actors.

RATE supports the following network actions:

Payment rewards to data providers for contribution to the network
Participation in the delivery of data as a validator node
Data consumption by dapps, marketplaces and smart contracts
Governance of future network decisions

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RATE Token Use Cases

Three ways RATE can be used across the network

server As a Node Operator

750k to 2M Staked RATE

Node operators stake RATE tokens to ensure good behavior by incentivizing accurate data and node availability. Node operators earn RATE when providing data to smart contracts.

database As a Data Provider

500k to 1M Staked RATE

Data providers stake RATE to supply data, valuation models or scoring outputs to node operators. In exchange, data providers receive usage fees and priority access to data analysis outputs.

code As a Developer

1 - 1000 RATE per request

Smart contracts pay RATE to nodes when requesting data from the network. The type and complexity of the data request determines the cost of each request.

Rate Network Vaults

What is a Rate Network NFT?

A Rate Network Vault allows a user to stake - or lock up - their NFT collectible in a smart contract in exchange for rewards in the form of fungible tokens. Rate Network Vaults create RATE fungible tokens as a reward for vaulting Rate Network NFTs.

A Rate Network NFT is a digital collectible that is uniquely designed to connect to the Rate Network Vault system. As a standalone collectible, a Rate Network NFT is a unique piece of digital art. When paired with the Rate Network Vault system, the NFT becomes a powerful key that unlocks Rate Network tokens.

How do I add my Rate Network NFT to a vault?

Vault Series NFTs can be added to a vault that corresponds to the NFT series (ex: a series IV NFT can be added to a series IV vault). Adding your NFT to a vault is a simple process that involves signing several blockchain transactions using a wallet like MetaMask.

RATE Rewards

Vault rewards depend on the NFT series that is added to the vault. There are several series that each correspond to a reward level. Each vault series guarantees a minimum reward output if the vault is at full NFT capacity.

Each vault series has a maximum capacity based on the number of Rate Network NFTs available during the Initial Vault Sale. In the case that a vault is not at maximum capacity, users who vault their NFTs will equally share the rewards that would have been allocated to the maximum vault capacity. This means that reward output may be far greater than the guaranteed minimum.

Claiming Vault Rewards

A user can collect rewards created by a Rate Network Vault at any time by unstaking their NFT and claiming the rewards earned to date. This allows users to accrue a reward balance over time and withdraw rewards at their convenience.

Claim Vault Rewards