Unlockd partners with Upshot, the platform that provides deep insight into NFT markets. It also unlocks a wave of exotic new DeFi possibilities.
The world of NFT financialization is still uncharted territory, and NFT pricing discoveries will be closely linking to the success of lending and borrowing markets like Unlockd. Upshot provides deep insight into NFT markets : their Machine Learning models ingest historical sales data and NFT metadata to construct features based on this information to generate accurate, reliable asset pricing. They validate the predictions by examining their accuracy on data not used in the training process and obtain error bounds by comparing their predictions to realized sale prices. Both the predicted pricings and error bounds provide key information to the Unlockd protocol systems. They are building an NFT-backed lending and borrowing solution on top of the NFT economy. Unlockd x Upshot: the first algorithmic component of its appraisal Unlockd will integrate the Upshot solution into the appraisal process of an asset at the time an NFT-backed loan is requested. It will also be integrated int...