Lithium Finance Partners With Finminity
–Finminity will become a Wisdom Seeker in the Lithium ecosystem, allowing users of the decentralized investor services platform to receive accurate valuation pricing from Wisdom Nodes.
-Through the Lithium protocol, startups and SMEs utilizing Finiminty will benefit from more accurate data on valuations, tokenomics, business models, and investor risk profiles.
-The Lithium — Finminity partnership will power the DeFi investor services revolution and bring real-world assets in the DeFi space.
Lithium Finance is excited to announce the partnership with Finiminity, an innovative cross-chain investor services platform that makes fundraising easy for startups through DeFi. Finminity will be a Wisdom Seeker in the Lithium ecosystem and able to leverage the data provided by Wisdom Nodes to get accurate pricing information on company valuations and investor risk profiles. As a result, users of the platform will enjoy access to more reliable investors on the platform. Furthermore, users will also enjoy easier access to funds as more investors will be attracted to accurate and comprehensive assessments of startup valuations.
Wisdom Seekers and Wisdom Nodes are the accents of the DMI mechanism, an instrument that the Lithium oracle relies on. Wisdom Seekers request pricing on specific private assets, real-economy assets in this case, while simultaneously incentivizing and rewarding Wisdom Nodes, who offer truthful and accurate answers.
With Lithium’s integration, startups and SMEs utilizing Finminity’s platform will be able to take advantage of the crowd’s collective wisdom and get unbiased assessments of their accurate valuation in a decentralized fashion. This will ensure that more investors increase confidence in their valuation pricing, and users get easier access to funds. In the long run, this partnership could be a breakthrough for the future scaling of the DeFi investment services and crowdfunding market.
About Lithium Finance
Lithium Finance is the first collective-intelligence pricing oracle to give precise and timely pricing on private, illiquid assets. It rewards analysts who provide truthful information and punish those who offer false pricing data. As a result, Lithium’s users obtain pricing for all hard-to-value assets such as pre-IPO stocks, private equity, and other illiquid assets effectively.
About Finminity
Finminity is an innovative Polkadot-driven cross-chain DeFi investor services platform that is flexible, rewarding, and most importantly secures funds through DeFi safety protocols of Value Locks, DAO, and Milestone-based fund release.
