Lithium Finance Partners with MonkeyBids for Better NFT Valuation

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MonkeyBids auction service on Solana partners with Lithium Finance valuation tool for illiquid assets

Largely, the collaboration will cover the next NFT offerings on MonkeyBirds. However, Lithium Finance's instruments allow clients to evaluate Web2 economic assets as well.

Unlike traditional valuation instruments, Lithium Finance collects data from social media to check out the sentiment of traders, commissioners, enthusiasts and analysts.This information is analyzed by AI-powered tools to estimate the real attitude of people prior to the release of this or that NFT collection.

Lithium is aggregating the community sentiment before every auction starts. This gives us and our collectors the confidence to understand how much does the community desire the auction item. As a result of the collaboration, participants in decentralized auctions on Solana organized by Lithium Finance can enjoy more accurate pricing for available assets.

Also, the two teams are going to organize joint events for Web3 enthusiasts, including games and quizzes with cryptocurrency rewards.

 

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