# CAR #058: NFT Floor Price | Methodology

**URL:** <https://forum.diadata.org/t/car-058-nft-floor-price-methodology/629>\
**Category:** CARs - Community Approval Requests\
**Tags:** methodology, nftfi\
**Created:** [March 15, 2023, 1:48pm UTC](https://forum.diadata.org/t/car-058-nft-floor-price-methodology/629 "2023-03-15T13:48:48Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![Mikel](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.diadata.org/mikel/32/13_2.png) [@Mikel](https://forum.diadata.org/u/Mikel)\
**Post date:** [March 15, 2023, 1:48pm UTC](https://forum.diadata.org/t/car-058-nft-floor-price-methodology/629/1 "2023-03-15T13:48:48Z")

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`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](https://docs.diadata.org/documentation/methodology/data-sources-and-data-collection-methodology/nft-data-collection/fp-floor-price)

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

### Timeline:

- **Vote:** 17 March - 24 March
- **Approval:** 24 March