Nick Emmons | Source | Co-Founder and CEO of Upshot at Upshot
Nick Emmons
Nick is co-founder and CEO at Upshot — a platform for crowdsourced NFT appraisals. He previously led blockchain engineering at John Hancock and Manulife, where he started one of the first public blockchain projects to come from a large institution
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Upshot
Co-Founder and CEO of Upshot
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Upshot’s NFT Appraisal Protocol Nabs $7.5M From CoinFund, Framework - CoinDesk
Peer prediction protocol Upshot raised $7.5 million Thursday to help bring price clarity to the non-fungible token (NFT) market.
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Upshot Raises $7.5 Million in Series A Led by Framework Ventures, CoinFund and Blockchain Capital
Upshot, a blockchain-based protocol that incentivizes experts to answer subjective questions honestly, today announced that it has raised $7.5 million in Series A funding co-led by Framework Ventures, CoinFund and Blockchain Capital with additional investments from Slow Ventures, Mechanism Capital, Delphi Digital, CMS Holdings, Stani Kulechov, Kain Warwick, Ryan Selkis, and more.
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Upshot’s mission is to capture the value of truth and to give people novel ways to get paid for their unique insights. Our goal with Upshot One is to create near real-time price feeds for NFTs through crowdsourced appraisals. In addition to creating value for the NFT market, Upshot will also unlock opportunities for a new generation of appraisers and catalyze powerful new innovations in the field of decentralized finance.
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Using more efficient price-discovery mechanisms for NFTs gives us a way to track their prices in real time - basically turning them into fungible assets. That enables indices, synthetics, etc and that's just the beginning.
