With the amount of new subnets being added it can be hard to get up to date information across all subnets, so data may be slightly out of date from time to time
With the amount of new subnets being added it can be hard to get up to date information across all subnets, so data may be slightly out of date from time to time
Welcome to Nextplace AI the first real estate subnet within the Bittensor Ecosystem. Harnessing the power of AI through the Bittensor framework, Nextplace is developing the ultimate real estate market negotiator. With their platform, you can discover the estimated selling price of your home, identify housing trends in real estate markets across the United States, and earn TAO by deploying your own AI models in their subnet, among many other features.
They gather data from the most dynamic housing markets in the USA, including cities like New York, San Francisco, and Seattle. their subnet miners utilize AI models to predict sale prices and dates for millions of homes daily and they evaluate their accuracy once a property is sold. Using live real estate data from Redfin, they are tracking trends in housing markets across the country. They are keeping tabs on which markets are heating up, where prices are cooling off, and how long it takes to sell a home.
In a space controlled by monopolies and gatekeepers, Nexplace seeks to provide a democratized network to evaluate home prices for everybody.
Welcome to Nextplace AI the first real estate subnet within the Bittensor Ecosystem. Harnessing the power of AI through the Bittensor framework, Nextplace is developing the ultimate real estate market negotiator. With their platform, you can discover the estimated selling price of your home, identify housing trends in real estate markets across the United States, and earn TAO by deploying your own AI models in their subnet, among many other features.
They gather data from the most dynamic housing markets in the USA, including cities like New York, San Francisco, and Seattle. their subnet miners utilize AI models to predict sale prices and dates for millions of homes daily and they evaluate their accuracy once a property is sold. Using live real estate data from Redfin, they are tracking trends in housing markets across the country. They are keeping tabs on which markets are heating up, where prices are cooling off, and how long it takes to sell a home.
In a space controlled by monopolies and gatekeepers, Nexplace seeks to provide a democratized network to evaluate home prices for everybody.
Miners
Miners will create their own models to forecast home prices and sale dates. They can either utilize data supplied by validators or access APIs to gather additional information for their model inference. Miners are responsible for providing the estimated sale date and predicted home price.
Validators
Validators supply data to miners from 50 markets, with plans to expand this number over time. They assess miners based on their accuracy in predicting home prices and sale dates.
Scoring Method for Home Price Prediction
The scoring system evaluates a miner’s prediction based on two main factors: the accuracy of the predicted home price and the accuracy of the predicted sale date. The final score combines these components with weighted contributions (86% for price accuracy and 14% for date accuracy). A perfect prediction yields a score of 100.
Miners
Miners will create their own models to forecast home prices and sale dates. They can either utilize data supplied by validators or access APIs to gather additional information for their model inference. Miners are responsible for providing the estimated sale date and predicted home price.
Validators
Validators supply data to miners from 50 markets, with plans to expand this number over time. They assess miners based on their accuracy in predicting home prices and sale dates.
Scoring Method for Home Price Prediction
The scoring system evaluates a miner’s prediction based on two main factors: the accuracy of the predicted home price and the accuracy of the predicted sale date. The final score combines these components with weighted contributions (86% for price accuracy and 14% for date accuracy). A perfect prediction yields a score of 100.
Expand Markets
Nextplace will gradually introduce new markets, prompting miners to create more effective and generalizable models. This expansion will enhance the value offered to Nextplace consumers.
Visualize Sales-to-Listing Data
The Nextplace website will serve as a platform for visualizing various markets and providing insights for home buyers and sellers. Initially, it will showcase the differences between home prices and sales, along with predictions from top miners for current listings.
Price My Home Feature
Nextplace will enable users to obtain an estimate of their home through the website. Requests will be sent to the top miners for assessments of their current home or a property they wish to purchase. This information will provide buyers and sellers with a clearer understanding of their transactions and the true value of a home.
Expand Markets
Nextplace will gradually introduce new markets, prompting miners to create more effective and generalizable models. This expansion will enhance the value offered to Nextplace consumers.
Visualize Sales-to-Listing Data
The Nextplace website will serve as a platform for visualizing various markets and providing insights for home buyers and sellers. Initially, it will showcase the differences between home prices and sales, along with predictions from top miners for current listings.
Price My Home Feature
Nextplace will enable users to obtain an estimate of their home through the website. Requests will be sent to the top miners for assessments of their current home or a property they wish to purchase. This information will provide buyers and sellers with a clearer understanding of their transactions and the true value of a home.
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