Powering The
NFT Market

Data, ratings and appraisals for the NFT asset class.

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

RATE Token Use Cases

server As a Node Operator

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

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

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.