Noncustodial wallet provider MetaMask has launched a new non-fungible token (NFT) portfolio tracking service, a move that will be powered by NFTBank, an NFT portfolio management tool and valuation engine.

Despite the growth of the NFT ecosystem, this branch of blockchain technology has generally lacked tools and infrastructure that can help collectors track their transaction history and obtain price estimates compared to the other branches of blockchain.

NFTBank has committed its resources to changing the narrative and has developed a high-powered machine learning-based algorithm that can deliver price estimates for up to 5,000 collections with a high degree of accuracy.

The robust nature of the NFTBank solution can be combined well with the scale and diversity of the MetaMask wallet, making it a perfect fit for all the protocols involved.

“MetaMask continues to provide a rich NFT experience, and enabling pricing information for our users within the wallet dapp is another step forward; Starting today, our users can get real-time price updates and values ​​on the NFTs they have purchased across accounts to enable them to make informed decisions,” said Kai Huang, Product Manager, MetaMask Portfolio dApp, “NFTBank has proven be the ideal partner to enable this feature due to their sophisticated machine learning models and strong infrastructure capabilities that can support MetaMask’s scale to deliver a consistent experience to millions of MetaMask users.”

MetaMask’s attempt to broaden the usefulness of its NFT support has been labeled as an attempt to smooth the landing pad so that new users entering the space understand what to expect in terms of pricing. With NFTBank topping the chart as one of the most widely used NFT price trackers, the collaboration between the duo has been labeled as one of the most strategic for the digital collecting space this year.

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