According to official news, NFTGo recently announced that it has fully open-sourced its self-developed rarity algorithm GoRarity on Github, providing Web3 developers and users with a transparent and reasonable rarity model and enriching the NFT valuation logic. GoRarity was invented by the NFTGo team in November 2021. The model uses the Jaccard Distance algorithm. Compared with other models on the market, GoRarity reflects the relevance of a single NFT to the project in which it is located. Currently, users can directly view and use the GoRarity rarity score on NFTGo.
