CAR #058: NFT Floor Price | Methodology

Proposals CARs - Community Approval Requests
,
1

Community Approval Request #058: NFT Floor Price
Date: Fri, 17 March 2023
Author: Mikel, Core team
Status: Approved

In this 58th Community Approval Request (CAR), the DIA DAO community will discuss, improve and approve the NFT Floor Price methodology, a common filter for the price determination of NFT collections.

How does the NFT Floor Price methodology work?

It provides the lowest sale price of an NFT collection, recorded on the blockchain during a given time window. While it is the simplest mechanism for determining a collection’s value, it is also not the safest, as it can be manipulated by malicious market actors.

→ Link to the DIA Docs

Suggest your ideas and improvement proposals by replying to this entry below.

Timeline:

  • Vote: 17 March - 24 March
  • Approval: 24 March