In the summer of 2021, we witnessed an unparalleled surge in the NFT (Non-fungible Tokens) market, the likes of which had not been seen before. The trading volume soared to such an extent that it was a staggering ten times higher than the current volume we see today. This period, fondly remembered as the NFT summer boom, created a wave of new digital art collectors, tech enthusiasts, and crypto investors who flocked to various NFT platforms to mint, buy, and trade unique digital assets.
For those of you who participated in this unprecedented phenomenon, you may find yourself pondering a question: Have you HODLed (Hold On for Dear Life) the NFTs you minted during that period?
In retrospect, the decision to hold or sell can influence the value of your portfolio significantly. It’s natural to wonder if you’ve made the right choice, particularly with the fluctuations and volatility often associated with the NFT and broader crypto market. To answer this question, we need to know the current worth of our NFT portfolios and how they have performed over time.
Enter NFTGo, an innovative NFT data platform that addresses this exact need. It provides an insightful function that enables users to view the profit and loss status of each wallet address. This feature allows NFT holders to monitor the performance of their digital assets efficiently and make informed decisions about potential future transactions.
Moreover, the good news for developers and those who wish to incorporate this functionality into their applications or platforms is that NFTGo offers a comprehensive API for this service. The API documentation available at https://docs.nftgo.io/reference/get_metrics_eth_v2_address_metrics_get gives a detailed overview of how to integrate this feature and fetch wallet metrics. It’s a valuable tool that can greatly help both individual users and businesses in their quest to understand and navigate the often complex world of NFTs.
To use their API, you need to first visit NFTGo’s developer platform at https://developer.nftgo.io/developers. After registering and obtaining your API key, you will have access to the functionalities it offers. This ease of access ensures a seamless integration process, allowing both individual users and businesses to harness the power of data and make the most of their NFT investments.