Ranking Rarity: Understanding Rarity Calculation Methods

The Problem

Bored Ape Yacht Club #73’s Properties
Bored Ape Yacht Club #9941’s Properties .. is he rarer than #73 above?
We’ll compare the above 2 apes with #9542 here

Trait Rarity Ranking

Sorted by Trait Rarity
Example Collection A NFTs

Average Trait Rarity

Average Trait Rarity Ranking
Example Collection A: Average trait rarity is calculated and listed at the rightmost column.
Example Collection B: A collection that has 10 NFTs
Example Collection B: With trait rarity percentages listed.
Example Collection B: With Average Trait Rarity on rightmost column.

Statistical Rarity

What the calculation looks like in Excel
Statistical Rarity Ranking
Sorted by Trait Rarity
Sorted by Average Trait Rarity
Sorted by Statistical Rarity

Statistical Rarity vs. Example Collection A and B

Example Collection A: With Statistical Rarity
Example Collection B
Example Collection B: With Statistical Rarity

Rarity Score: How is it Calculated?

Rarity Score vs. Example Collection A and B

Example Collection A: Rarity Score for each Trait Value and Total Rarity Score for each NFT ID

Summary

What’s Next?

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