CoinShares’ Twitter bot gives a ‘fair price’ on NFTs, some disagree By Cointelegraph

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CoinShares’ Twitter bot gives a ‘fair price’ on NFTs, some disagree

Digital asset manager CoinShares has launched an experimental Twitter bot that will, in theory, enable users to check the estimated fair market value of specific nonfungible tokens (NFTs), though a few have been less than enthused about the estimates given.

The firm announced the bot dubbed “CoinSharesNFTAI” via Twitter on Oct. 13 and outlined that its algorithm is focused on aggregating different data sets from OpenSea to determine the supposed “fair price” of an NFT.