Provable Rarity 101

Wondering where to start with Provable Rarity?

Here are a few key concepts to get you started... Don't worry, it's wayyyyy easier than it sounds... If this stuff makes sense... you will have no problem with using Provable Rarity.

What is Provable Rarity?

Provable Rarity is a set of simple methods that allow us to accurately compare rarity of names.

Is it hard to use?

Let's see, for the following image:

  1. How many symbols are there?

  2. How many unique (different) symbols are there?

  3. Are there any patterns?

ANSWERS

  1. There are 6 symbols (L6)...
    If you can count to 12 you are good...
    We call the total number of symbols LENGTH... L3, L4, L5, L6, etc.

  2. There are 3 unique symbols (U3): red, green and blue.
    If you can tell symbols apart, you are good...
    We call the number of unique symbols UNARITY... U1, U2, U3, etc.

  3. There are no patterns here. We are looking for repeating patterns
    (See below for examples)

ABCABC repeating pattern
ABCCBA repeating pattern (palindrome)

The symbols above have REPEATING patterns... Repeats can be forward or reversed... We call a reversed repeating pattern a PALINDROME.

If you can apply these three concepts, you have ALL of the math skills necessary to use Provable Rarity.

Examples with Digits

Apply the same three steps to the following:

  1. 7468

    L4 U4 (No pattern)

  2. 745547

    L6 U3 pal (ABCCBA)

  3. 775577

    L6 U2 pal (AABBAA)

What do you think?

Is this making sense to you?

Please reach out on twitter @namelytx if you have any questions or comments

Watch out for the next lesson soon!

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