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When Rarity Sniper tools determine an NFT's rarity ranking within a collection, a rarity score is given. The rarity score of a digital asset can be determined through several formulas.

Most commonly, a score is assigned to each trait within a collection. This is called the “trait rarity score.” The trait rarity score is determined by taking the total number of NFTs within a collection and dividing it by the number of NFTs that possess a specific trait. Traits that appear less frequently among the digital assets are given higher trait rarity scores.

To calculate the overall rarity score of the NFT, the values of these traits are added up. Although other factors can be involved when calculating rarity and rarity checking tools are not always in 100% agreement about ranking, Rarity Sniper has proven to be a reliable tool for thousands of investors, collectors, and NFT fans.
Just search for your collection and enter your NFT's ID. Not only will you be shown the rarity ranking and rarity score, but you can also see a list of the NFT's traits and how rare each trait is in the collection.

Rarity Sniper ranks Ethereum, Solana and Polygon-based NFTs. You can also visit Rarity Sniper to find out about upcoming NFT collections that will be minted on the Ethereum, Solana, and Polygon blockchains.
If you've ever wondered why certain NFTs sell for hundreds of thousands or millions of dollars while others from the same collection go for much less—the answer is rarity. Rarity refers to how uncommon an NFT is within a collection, and it is a critical element to making generative NFT collections not only exciting for collectors but also valuable.

The rarity of an NFT is determined by the frequency in which the traits and characteristics that comprise it appear within the given collection. For profile picture (PFP) NFTs, traits might consist of a face, mouth, eyes, headwear, background, accessories, and whatever other characteristics make up the NFT.

In the popular NFT collection Bored Ape Yacht Club, for example, the Bored Unshaven Pizza Mouth only appears 26 times out of 10,000 in the collection. This makes each NFT that contains the trait extremely rare since only .26% of the NFTs in the collection have the Unshaven Pizza Mouth. Unsurprisingly, six out of the top 20 most rare Bored Apes contain this trait.

Even less surprisingly, since NFTs that possess unique traits or a combination of unique traits have higher rarity rankings, the Bored Apes that have an Unshaven Pizza Mouth are extremely valuable.

When you don't know how rare your NFT ranks within a collection it is nearly impossible to accurately determine its value. That's why rarity checking tools such as Rarity Sniper are so important to the NFT community.
One interesting thing to analyze in generative NFT collections is how rarity is distributed among individual NFTs in the collection.

When you look at how rarity scores are distributed among some of the most popular NFT collections such as CryptoPunks and Bored Ape Yacht Club, they tend to contain a small amount of extremely rare assets and a large amount of more common assets. In other words, rare NFTs in the collection are, well, rare.

For example, most of the NFTs in BAYC are slightly above the “floor” rarity score and a few hundred are far rarer than the rest. In the CrytoPunks collection, the curve is even sharper. Nearly all the Punks have similar rarity scores, but a tiny percent (such as the Alien, Zombies, and Ape Punks) are exceptionally rare in relation to the rest.

That means that owning one of the rarer assets in these collections is especially difficult and the value of the NFT is reflected in that. Having fewer rare NFTs in a collection also creates excitement and enthusiasm for people who are minting NFTs.

For NFT collectors and creators alike, the way rarity is distributed throughout a collection is critical. And collectors who get lucky enough to mint a rare NFT from a successful collection can be rewarded.
By looking at sales from a classic NFT collection such as CryptoPunks, we can see how rarity affects the value of each NFT. Listed below are some of the top and bottom sales of CryptoPunks over in 2021-2022:
  • Punk 5822. Sale Price: $23.7 million. Rarity rank: 17th. Special traits: 1/9 Alien Punk. 1/333 Punks with only 1 attribute. Sale date: Feb. 12, 2022.
  • Punk 7804. Sale Price: $7.57 million. Rarity rank: 11th. Special traits: 1/9 Alien Punk. 1/254 with cap forward. Sale date: March 11, 2021.
As you can see the two top-selling Punks are extremely rare within the collection. Conversely, here are two examples of Punks that are more common:
  • Punk 4778. Sale Price: $194,573. Rarity rank: 8538. Rarest trait: Blue Clown Eyes 1/384 in the collection. Sale date: Feb. 3, 2022.
  • Punk 7897. Sale Price: $220,566. Rarity rank: 2487. Rarest trait: Red Mohawk 1/147 in the collection. Sale date: Feb. 1, 2022.
Of course, not all NFT collections are as popular as CryptoPunks and you shouldn't always expect prices this high. But understanding how individual NFTs from collections like CryptoPunks, BAYC, and Cool Cats sell based on the rarity can help you better understand how NFT rarity and exclusivity works.
Understanding what factors contribute to an NFT's rarity is not only important for people who want to purchase NFTs on secondary NFT marketplaces, it's also critical for anyone who wants to create their own generative art NFT collection. If you're creating a generative NFT collection, then you need to know more than just how to determine an individual NFT's rarity. You should understand the myriad of factors that go into an NFT collection's rarity chart. Listed below are some of the different elements to consider when creating an excellent rarity chart for an NFT collection:
  • Trait categories. Dividing traits into distinct categories helps organize all a project's unique traits. For example, suppose you have four trait categories in your collection including Mouth, Background, Facial Expression, and Headwear. Within each category, there would be a certain number of specific traits. For example, perhaps there are 7 different types of Backgrounds—and they vary in how frequently they appear in the collection. Rarity Sniper recommends that to make your project visually appealing you should have a minimum of 7 trait categories.
  • Unique traits. These are the specific traits that fill out each trait category. Using the example above, if we take the trait category Headwear and fill it with 7 unique traits, those traits might consist of a top hat, baseball cap, beanie, fedora, sombrero, cowboy hat, and no headwear. Perhaps the “no headwear” trait appears only 200 times in a 10,000-piece collection, which would make it a rare trait and more valuable than a trait that appears 1,000 times in the collection. It is recommended that you have at least 150 unique traits in your NFT collection
  • Rare traits. These are the traits that occur in less than 1 percent of an NFT collection's total quantity. In the Bored Ape Yacht Collection, for example, the Dagger Mouth trait appears only 49 times out of 10,000 Apes, making its rarity rank .49%. Ultra-rare traits create scarcity within NFT collections and add excitement for collectors.
  • Legendary traits. One-of-one legendary traits are even rarer than rare traits. One of the best examples of legendary traits comes from the popular Cool Cats NFT collection, which contains several Cool Cats that are hand-drawn and do not have any computer-generated traits at all. Since the pieces are extremely rare in the collection, they are ranked higher in rarity and more valuable. According to Rarity Sniper, an NFT project should have no more than ten Legendary traits.
Another thing to think about when creating a generative NFT collection is what type of media you plan to use. Deciding whether you're going to use animation, images, video, or audio with your NFT project is critical.

Rarity Sniper recommends that using a mix of media is ideal for a successful generative art NFT project. For example, some NFT collections use static images for common traits and rare and legendary traits are animated. One effect this has is making the rarer NFTs more distinguishable.

The last thing to keep in mind when creating your rarity strategy for an NFT collection is to avoid the use of low-impact visual traits. When traits don't have a significant visual impact, such as a piece of jewelry that is too small to see, your collection can be less visually appealing to NFT collectors.

Fortunately, not all the work has to be done alone. By collaborating with artists and influencers you can design traits that are appealing and attract collectors and investors to your project.
For folks interested in collecting, investing, and trading NFTs, using a tool like Rarity Sniper is critical for tracking the rarity of individual NFTs and learning how to make better-informed purchases. With Rarity Sniper news, you can also stay educated on the latest happenings in the NFT space.

For people who are industrious enough to create their own NFT projects and NFT collections, the option to list an upcoming drop on Rarity Sniper is a great way to help collectors and investors find the project. And once the project has dropped, it's time to put the collection's rarity chart ranking on Rarity Sniper.

In case you want a member of our team to give you full guidance, we offer consulting services. Contact us by email.
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Rarity Sniper does not recommend any NFTs purchases, nor provide investment or financial advice. Users may not rely on rankings, rarity scores or other information provided on this site for investment, financial or any other purpose. Rarity Sniper is intended for educational and informational purposes only. Rarity Sniper may advertise and feature collections for a fee. Rarity Sniper may be compensated for ranking and listing NFT collections in the form of a listing fee. Listing fees and advertising fees, when incurred, are generally paid by NFT creators or holders.
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