Nexo-backed NFT technology provider, MetaQuants, launches real-time appraisal algorithm for NFTs
The alpha version of the new algorithm product is designed to aid NFT lending, market, overpricing, and market manipulation penalties, according to a press release shared with CryptoSlate. This thus makes the algorithm product suitable to Nexo’s upcoming non-custodial infrastructure. Worth noting, Nexo, as a leading regulated institution for digital assets, believes in a real-time mark-to-market NFT algorithm that offers efficient valuation estimates for assets that are vulnerable to market manipulation for its retail and corporate customers. Notably, the new solution by MetaQuants enables the execution of such a technique and may be embraced by Nexo. MetaQuants has recently started a funding round to raise funds capable of expanding.
Source
https://t.me/nfts_defi_metaverse
