Welcome to the Recent Transaction Page documentation focused on the NFT collection. As we advance from our offline evaluation model, this online monitoring page showcases a comparative view of the recent real transactions vis-à-vis the model's predicted prices for this specific NFT collection.
Overview
This page provides an immediate feedback mechanism by comparing actual sale prices of Bored Ape Yacht Club NFTs with our model's predictions. This real-time validation assists stakeholders in understanding the efficacy of the model in the dynamic NFT market. Here is a screenshot of the page:
The table provides the following columns:
- NFT: The visual representation of each NFT allows you to view the transacted artwork or asset. And the unique ID associated with each NFT in the collection
- Sale Price: The actual price at which the NFT was sold.
- Floor Price: The minimum price that sellers are willing to accept for an NFT.
- NFTGo Estimated Price: The predicted price by our primary pricing model,
- Accuracy: his metric showcases how close our NFTGo Estimate Price was to the actual sale price, helping gauge the reliability of our predictions.
- Tx Time: Exact timestamp of the transaction.
Benefits
- Real-time Analysis: Obtain up-to-the-minute data on recent transactions against model predictions, offering timely insights.
- Collection-specific Insights: Specific data on popular collections like Bored Ape Yacht Club provides niche insights for collectors and investors.
- Continuous Model Evaluation: A real-time evaluation mechanism helps fine-tune the model for better accuracy in the future.