It determines the level of uniqueness or scarcity of an NFT. Generally, the more scarce an NFT is, the higher its price. Hence, collectors always look for rare NFTs to boost their potential gains. The number of physical attributes, including clothing, hats, background, and necklace, among many other accessories, often determine rarity.
Expresses scarcity or uniqueness; to mark an NFT as highly valuable. Rarity is one of the essential features that determine the worth of an NFT.