Dec 8, 2022
Lithium Finance Partnership: Accelerate NFTfi with NFTBank
We are very excited to announce a new partnership with NFTBank.ai, an NFT portfolio management tool and valuation engine, powered by an advanced Machine Learning model.
Lithium is built upon the belief that collaboration and collective thinking is essential to building robust and trustworthy valuations, and it is for that exact reason that we are partnering with NFTBank.io. As we endeavor to offer our users the best NFT valuation tools, our team is constantly seeking collaborators who will help revolutionize the world of NFTs while improving our user experience, and we strongly believe NFTBank to be one of them.
With this partnership, we will be bringing machine learning price predictions to the Lithium community. NFTBank’s valuation model looks at metadata traits and sales history, while applying different weighting to trait values, categories, groupings of trait values, time of sales and more. The integration of NFTBank’s price feed into Lithium Finance’s Pricing Quests, will allow our users to have access to NFTBank’s machine learning information, covering over 5,000 projects with 90+% accuracy, when evaluating NFTs and gaining a point of reference when making appraisals, hence increasing their accuracy.
Beyond sharing of data, working with NFTBank will bring both our communities together and provide a larger user base for feedback to be incorporated back into our quantitative models and further improve our machine learning. Leveraging the collective intelligence of our respective communities, we will allow for a more decentralized valuation approach, reducing the risk of possibly biased feedback from small sample sizes of trading data in illiquid assets.
In the future Lithium and NFTBank will be collaborating further to provide each other support in respective launch campaigns and events, boosting both brands’ presence in the space.
About NFTBank
NFTBank is an NFT portfolio management tool and valuation engine, allowing users to make informed decisions about their NFT portfolio and enable advanced DeFi use cases. NFTBank’s ML-powered NFT valuation engine covers 5000+ projects with high accuracy.
About Lithium
Lithium Finance is the first decentralized NFT valuation protocol powered by collective intelligence and machine learning. Redefining NFT valuation approach through incentivizing honest assessment from community to reveal market sentiments.
