Michael Kantor, the founder of NFTier, sat down with the HBAR Foundation to talk about what they’ve created for the community. NFTier, in its sharpest form, is an all-in-one tool for NFT enthusiasts, where NFT are non-fungible tokens. The idea behind the creation of NFTier was to ensure that users get every type of information in one place. This includes alerts and data.
NFTier is powered by many elements: advanced analytics, custom alerts, and Smart Contract Launchpad. Customers access these features to make a decision based on information rather than sentiment.
What led Michael Kantor to create such a platform was their own struggle, or discomfort, at the time of purchasing an NFT. The riddle was about the value he would receive after the purchase. There were no tools available to help Michael, so he set out to make his own.
The launch of NFTier aligns with the mission of providing emotional satisfaction to customers once they collect the set of digital assets.
Simply put, there is a chance that the buyer will make a purchase for NFT based on what his feelings are leaning toward. Even worse, they can be influenced by outside sources such as friends or general internet gossip, which is probably inorganic just to promote a specific digital asset. With NFTier by their side, users always know what they’re getting into, even when under the influence. They will know how much value they are going to gain from the NFT.
The two main features that stand out are the Listings Tool and customizable alerts.
The Listing Tool allows clients to identify the best piece from the large list of NFTs. There is always the possibility that a single launch will have multiple digital assets, with little opportunity to go through them all. While many details are best tried in person, it’s safe to assume that NFTier comes with an option to filter the list based on price and other similar factors.
Custom alerts sound like customers are being notified of a launch. It takes an unusual turn by sending alerts to customers about average selling price, total sales, holders and volume, just to name a few of the many points. Going forward, Michael has said that they are working on introducing a feature that will allow them, i.e. customers, to virtually track any account to receive notifications about their sales and launches.
Notifications currently have an HBAR of 0.05 per update. Users can also set other tokens on the profile and the rate will adjust accordingly.
Advanced Analytics makes it easy for collectors to browse metrics. For creators, this means easy access to rolling out promotions and rewards for frequent or large buyers.