When trading NFTs, you want to ensure that you are set up for success with every tool and advantage possible. Rarity tools can be helpful for particular use cases — i.e., identifying traits in an NFT collection that are less common or extremely rare.
However, there can be issues with rarity rankings and rarity scores provided by platforms like rarity.tools. Unless you are using a protocol like OpenRarity, rarity rankings can be very subject and vary significantly between different rarity ranking platforms. As a result, many NFT traders have been burned when trying to trade strictly on rarity.
icy.tools offers a more in-depth look at collections with real-time feeds, charts, watchlists, and alerts. Professional NFT traders like having as much information as possible when trading; that's why they use icy.tools
Since rarity.tools is mainly a rarity rankings platform, there are many more differences than similarities between icy.tools and rarity.tools.
icy.tools recently introduced OpenRarity to its platform — a completely objective rarity ranking protocol created by icy.tools and industry leaders like OpenSea, PROOF, and Curio.
In addition to rarity rankings for OpenRarity-supported collections, icy.tools provides live charts and feeds featuring trending NFT collections, minting NFT collections, wallets, sales, and a fully customizable firehose feed. With icy.tools, traders also can set up custom alerts for mints, wallets, and collections they wish to follow.
rarity.tools offers a few basic charts and feeds for NFT collections. The main draw of using rairty.tools is its in-house rarity ranking algorithm. You can see how NFTs within specific collections are ranked based on certain traits. It's important to note that not every NFT collection will appear on raity.tools as projects need to pay to be listed.