Upshot Enters NFT Lending Space With Managed Strategies Backed By Its Industry-Leading Appraisals
Mar 2, 2023
Admin By Lucky thakur
- March 2, 2023
- 6:54 am
- No Comments
The upshot, a firm building financial infrastructure for NFTs and other traditionally illiquid assets, has announced its entrance into the NFT lending space. Utilizing their Machine Learning-powered NFT appraisals with the industry-leading breadth of coverage — over 100M NFTs from over 100,000 collections — and accuracy — an average MAPE of 3–10% for the best-performing collections, Upshot will be operating a number of managed lending strategies that aim to simultaneously reduce risk while still providing competitive terms for lenders.