NFT Pricing Evaluation Protocol Upshot Closed $22 Million Funding Round Led by Polychain Capital
NFT Pricing Evaluation Protocol Upshot closed $22 million round of funding led by Polychain Capital. The funds raised will be used for additional research and development for its pricing models, for hiring more staff and for financing new DeFi algorithms and related developer tools.
As an insurance-focused prediction tool, Upshot built out its real-time NFT appraisal data by asking its users to compare collectibles with incentives for honest or expert opinions. Upshot offers an application programming interface (API) for developers to integrate the data into their projects. The Upshot analytics platform is available in a private beta version and will be open to the general public soon.