UnUniFi is thrilled to announce its new strategic partnership with Lithium Finance, the first decentralized asset pricing mechanism, powered by collective intelligence and machine learning.

With thier mutual interests in decentralized asset valuations, UnUniFi and Lithium Finance will begin co-marketing with the goal of working on a future product partnership pending development progress.

Marketing Partnership:
• Content creation: Jointly publish market / insight report
• Co-host marketing activities / cross community promotion e.g. Twitter spaces

Product Partnership:
• Coming Soon! (Pending dev. progress and internal discussion)

“Through our partnership with UnUniFi, we hope to further accelerate the adoption of NFTFi by having Lithium’s Collective Intelligence and Machine Learning supercharged with the access to real-time data. Together we will boost NFTFi and bring true value of NFTs to our users.”
-Lithium Finance

Through this partnership with Lithium Finance will surely catch attention within the NFTFi market. Stay tuned!

SOURCE: MEDIUM

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• The partnership aims to optimize NFT pricing intelligence, allowing borrowers to access a third party, independent valuation, with the ability to access real LTV & valuation for non- floor items.
• By providing extra liquidity according to real LTV/ Valuation, the partnership will further boost NFT financialization.
• Each party can therefore more appropriately manage risk when using NFTs as collateral and allow further capital to be redistributed back to the market.

As the space is still in its infancy, finding a reliable NFT appraisal value is difficult due to illiquidity, volatility, the myopic nature of developing markets, and ultimately, the difficulty quantifying each participant’s perceived value. There are several approaches to the problem, but few have skin in the game and consequences for bad valuation.

The Lithium — Cyan partnership is the first step to fill this gap, offering Cyan users a highly effective appraisal platform powered by Lithium’s collective intelligence model. In addition, NFT holders can use Cyan to pawn their holdings at a valuation closer to the market price rather than just floor price. The two believe the move will further align the interest of the borrowers and the lenders.

About Lithium Finance

Lithium Finance is the first decentralized asset pricing mechanism powered by collective intelligence. We bring market participants together to estimate pricing for illiquid assets on demand.

Website | Twitter

About Cyan

Cyan, the Buy Now, Pay Later service for the metaverse, is the first protocol to provide financing options for purchasing NFTs. The protocol also provides collateralized loans on NFTs and Vaults for capital providers to earn a yield on financing these assets.

Website | Twitter

SOURCE: MEDIUM

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As one of the leading cryptocurrency wallets in Asia, BitKeep provides users with a secure, seamless method of storing digital assets like cryptocurrencies and NFTs. $LITH holders will now be able to store their tokens on the BitKeep digital wallet available on iOS, Android, and Chrome extensions. Following their mainnet launch, Lithium’s data oracle will also be available on BitKeep’s DApp store — a marketplace for leading decentralized applications across multiple chains.

Through this partnership, Lithium Finance and BitKeep teams will also work on expanding Lithium’s product ecosystem across the crypto and NFT landscape through joint marketing, competitions, and various community activities.

Stay tuned for more partnership initiatives moving forward!

About BitKeep

BitKeep is your decentralized wallet. Providing a one-stop destination for DApps, the BitKeep Aggregate Exchange, Multi-chain support, Wealth Management and News

Website | Twitter

About Lithium Finance

Lithium Finance is the first decentralized collective-intelligence mechanism that provides accurate and timely pricing information. Their protocol brings market participants together through economic incentives to estimate pricing for illiquid assets on demand.

Website | Twitter

SOURCE

Medium

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