Data, ratings and appraisals for the NFT asset class.
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.
Historical data gathered from asset activity across platforms and marketplaces.
"Whale" wallet holdings and transfer activity unlock new insights about asset flows and market trends
Social data related to asset activity is used to feed valuation and trend models
Data harvested directly from chain indexing and analysis
Application layer data is used to correlate off-chain data with asset activity
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:
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.
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.
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.